Terra Now Sixth Biggest Crypto With Jump to New High
Over the past couple of days, Bitcoin‘s Dominance metric has been on the rise. Alongside the same, Bitcoin has also been making steady gains after hitting a local bottom of $37.3k. The altcoin market reacted positively to Bitcoin’s gains as Binance Coin broke out of its short-term range and Ethereum Classic rose past its resistance level. Finally, Waves noted a retracement on the charts.
The meme-inspired cryptocurrency Shiba Inu ($SHIB) has overtaken the native cryptocurrency of the FTX exchange, $FTT, as the second-largest holding the largest Ethereum whales have in their portfolios, behind $ETH itself only. According to data shared by whale monitoring resource WhaleStats, the largest Ethereum whales have been adding...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Solana has emerged as the faster network in terms of transaction speed, according to a recent investigation. On the contrary, it is also a statement of fact that unique daily active signers have dropped since January. On the charts, Bitcoin has seen a massive drop in recent months and so has Ethereum. Solana had been one of the large-cap coins that...
On Tuesday (March 8), the Avalanche Foundation launched Avalanche Multiverse.
Ethereum’s price is firmly holding its foothold near $2,500 on Tuesday. ETH’s price is whipsawing between $2,500 to the downside and $3,200 to the upside, in a trading range since January. Upside potential is evident as price found reliable support at $2,500. Ethereum’s price remains stable at around $2,500 with remarkable gains. Expect a bounce back with an ascent of 28% from the current levels. RSI gives bullish divergence since January 21.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum Classic (ETC) continued its plunge down the price charts until the $21-mark in late January. Since then, however, the bulls have initiated a gradual recovery. With the intersection of the $25 horizontal support and its trendline support (white, dashed), ETC found a dependable floor. As the buyers continue to build up pressure, the alt might aim for a possible test...
Tallinn, Estonia, 7th March, 2022, Chainwire
Crypto-enthusiasts see Cardano with two different perspectives. One group has always had significant confidence thanks to the platform’s impressive developments. Developers have worked on scaling concerns, as well as fastened the speed of transactions and what not. On the contrary, many others still consider Cardano a shitcoin. In doing so, this group targets the alleged lack of any real-life utilities.