Could Ethereum Be Classified as a Security Following the Merge?
The Justin Sun cryptocurrency has made significant improvements. And, has become the talk of the crypto space, yet again. It was because of the last week’s strong performance that TRX was successful in giving a tough fight to the bears. But that didn’t last long since the alt succumbed to the selling pressure later. Even so, traders are betting on it.
Selling pressure has resumed once again in the crypto market as the broader cryptocurrency market cap sinks under $1 trillion. Earlier today, the world’s largest cryptocurrency Bitcoin touched a one-week low and is currently trading close to $21,100 levels. Bitcoin once again comes under selling pressure as BTC failed to give a weekly closing above its 200 WMA, thus failing to convert the resistance into a support level. This recent retreat has put a dent in Bitcoin’s sustained rebound raising the...
The price of bitcoin has been fluctuating in the last week. Mainly the price has been growing, reaching one-month highs in the process. However, as the month of July is drawing to a close, bitcoin has begun to shed the gains it has made over the last week. This has brought the percentage of holders who are in profit down below 50%.
Singapore, Singapore, 25th July, 2022, Chainwire DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, officially announces the listing of its native DFI token on Huobi Global, one of the world’s leading cryptocurrency exchanges. The token starts trading against...
On Monday (July 25), Cardano’s $ADA token is trading above the $0.49 level, up over 10% in the past seven-day period. According to data by TradingView, on Coinbase, ADA-USD is currently (as of 3:39 p.m. UTC on July 25) trading around $0.4915. On July 20, Amsterdam-based crypto analyst and...
The bullish revival from the $0.0098-mark laid a foundation for the recent week-long buying spree. As a result, Shiba Inu [SHIB] rose to retest the $0.0129-level after multiple weeks. (For brevity, SHIB prices are multiplied by 1000 from here on). While the price action took a steep plunge below the 20 EMA (red) and the 50 EMA (cyan), the bears took control of the immediate trend. Should the buyers gather enough thrust to sway through the Point of Control (POC, red),...
Bitcoin leads the crypto market. And, every time it makes a move, it reflects onto the performance of every other altcoin. Naturally, in the current market structure, investors are looking for profit-making opportunities. Moreover, the on-chain analysis of the BTC network reveals that $28k could be a significant level for all investors.