Ethereum – Page 37

Ethereum [ETH] traders can go long next week, thanks to…

Ethereum [ETH] is having yet another bearish week as the crypto bears retain dominance over the market. Here are some of the latest observations that may offer insights into ETH’s demand and supply dynamics. Especially, now that everyone is wondering about the market’s next move. Here’s AMBCrpto’s price prediction for Ethereum (ETH) Some of Glassnode’s latest alerts highlight interesting observations pertaining to Ethereum. For example, the number of ETH addresses holding at least one ETH reached a new all-time high at...

Bitcoin Shot Covering Pulls the BTC Price Closer to $20,000

On Thursday morning, the U.S. reported its worse-than-expected CPI data for September 2022 leading a major slide in the crypto market. Bitcoin and the border crypto market reacted immediately with the BTC price tanking all the way down to $18,000. However, as on-chain data provider Santiment reported, the BTC price started rising higher as the short vs long ratio on exchanges touched a 3-week high. The data provider noted: Traders shorted #Bitcoin & #altcoins heavily as #inflation news...

Coinbase Listing Triggers Near 350% Surge for Little-Known Altcoin

A little-known altcoin has seen its price surge by around 350% after being listed on the Nasdaq-listed cryptocurrency exchange Coinbase, which has been listing a growing number of projects over the last few years. Earlier this week Coinbase announced it was listing 00 Token (OO) on Coinbase’s main...

Whales Move 200 Million XRP Tokens

Ripple’s native token, XRP has shed its price after a good gaining run over the past few weeks. However, the global digital asset market is trading under increased volatility due to increased correlation with the traditional market. The cumulative crypto market cap has dropped to stand at $887 billion.

XRP price up by 41%

However, this current price dip seems to be a good opportunity for the whales to buy. XRP prices have dropped by more than 5% in the last...

Kevin O’Leary Says ‘No Choice With Crypto’ After Hot Inflation Data

After the crypto market saw yet another macro setback, shark tank fame Kevin O’Leary spoke on the industry’s future. The popular investor has recently changed his opinion on the scope of cryptocurrencies after being a skeptic of the emerging assets. In fact, he revealed interesting facts about his investments in cryptocurrencies earlier this year. About one-fifth of Kevin O’Leary’s investment holdings are in crypto. A majority of his crypto investments constitute crypto tokens, currencies, and companies. At the time,...

$BTC: U.S. Inflation for September Worse Than Expected, Pain for Stocks and Crypto

On Thursday (October 13), U.S. Bureau of Labor Statistics released the Consumer Price Index (CPI) Summary, revealing that U.S. inflation went up more in September than was expected, which means we cannot expect the Fed to pivot from its hawkish stance any time soon. According to the press...

U.S. Inflation Is Sticky at 8.2%. What’s Next for Bitcoin?

Key Takeaways

U.S. inflation declined from 8.3% to 8.2% on a yearly basis in September. Although the Consumer Price Index fell by 10 basis points, the decline was less than economists' expectations. As inflation is still high and the economy is in crisis mode, the Fed is likely to continue hiking interest rates, which suggests crypto will continue to suffer.

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Inflation has now cooled for three consecutive months.

U.S. Inflation Hits 8.2%

U.S. inflation keeps falling—but it’s still running hotter...

Decoding what Avalanche Q3 report could mean for your portfolio

On 11 September, Avalanche [AVAX] saw some important announcements and events, as OpenSea, the largest peer-to-peer marketplace for NFTs on Ethereum launched on the Avalanche proof-of-stake blockchain. Gemini, a digital asset exchange and custodian, had also announced support for AVAX trading on the exchange. However, Avalanche’s third-quarter report indicated that the network had not had a good run. It was discovered that the asset’s network did not perform particularly well during the third...

Indicators Signal Key Upside Break –

Litecoin is facing a major resistance near the $55.00 zone against the US Dollar. LTC price is now trading below $53.50 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $53.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a steady upward move if it clears the $53.50 and $55.00 levels. Litecoin price is struggling below $5 against the US Dollar, similar to bitcoin. LTC price could...

Shiba Inu: $SHIB Army Seems to Be Loving Collectible Card Game Shiba Eternity

The community behind the meme-inspired cryptocurrency Shiba Inu ($SHIB) appears to be enjoying its collectible card game Shiba Eternity, which was released earlier this month and allows players to “fight without violence” with Shiboshis. The game has so far amassed a 4.6 rating out of 5 on the...