U.S. Inflation Is at Record Highs, But Crypto Doesn’t Care
While the last 24 hours proved to be rather menacing for the bulls, the Crypto fear and greed index showed minor improvements in the overall sentiment. The near-term technicals of Solana, LUNA, and Tron exhibited a bearish inclination but the CMF kept the bullish revival chances bright in the days to come. Solana (SOL) Source: TradingView, SOL/USD SOL saw a nearly 47% loss (from 20 January) and touched its six-month low on 24 February. Since then, it saw an over 40% jump...
Ethereum price fails to sustain the previous session gains on Thursday. ETH begins with a slow start and retraced to the session’s low in the European session. Currently, the price is struggling around the critical $2,600 mark. It is interesting to watch if the price is able to sustain lower levels. Ethereum price wiped out all the previous session gains on Thursday. Extended sell-off in ETH if price closes below $2,500 on a daily basis. Bears remain in full control below...
In case you can’t think of anything that these two individuals could have in common, this article should be able to help. Charles Hoskinson, is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano ($ADA) research and development. He is also one...
Here, it is interesting to note that ADA holders had 68.3% of the total supply staked by the end of February. However, ETH had just 7.92% for the same. The total number of stakers on Ethereum was 54,772 on the first day of 2022. On 18 January, this number fell to 54,768 and remained constant throughout February. Based on the statistics previously mentioned, it’s clear that Cardano led Ethereum by more than 20 times its total number of stakers in February....
EOS price started a fresh increase from the $1.88 zone against the US Dollar. The price is now trading below $2.10 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.975 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume decline if it stays below the $2.10 resistance zone. EOS price is showing bearish signs below $2.10 against the US Dollar, unlike bitcoin. The price...
Ethereum never seems to lose investors’ interest. Even in a bearish market, the altcoin king has managed to make its presence felt. Here, it’s worth noting that the positive sentiment of investors could play in favor of the altcoin moving higher.
Wall Street banking giant Goldman Sachs is looking to further expand its crypto derivatives offerings. As per the Bloomberg report, Goldman is currently looking to explore over-the-counter bilateral crypto options. This will make Goldman one of the first Wall Street giants to offer a wider range of crypto derivatives to institutional clients. These bilateral options basically allow the customization of trades so that crypto holders such as hedge funds as well as Bitcoin miners can hedge risks or boost yields. The...
The number of addresses holding Cardano ($ADA) for the long-term has grown by 32.1% last month to 408,000, after growing by 10.9% in January and 5.78% in December, suggesting HODLers keep on accumulating the cryptocurrency. According to CryptoCompare’s latest Asset Report, the number of addresses holding ADA grew...