The BNB Chain, formerly known as the Binance Smart Chain, has been outperforming other Ethereum ($ETH) competitors in what has been dubbed a “breakout year,” in part when it comes to its non-fungible token (NFT) market. According to a report from Messari, BNB Chain’s non-fungible token sector experienced...
A major non-exchange Ethereum ($ETH) whale has accumulated several altcoins in a massive buying spree that saw it add to its positions on the cryptocurrency’s blockchain and saw the value of their account rise by more than $400 million. According to data from whale monitoring service WhaleStats, the...
The global digital asset market wakes to the 5th largest DeFi hack of all time. Nearly $200 million were drained from the Nomad, a bridge protocol. According to a blockchain security firm, more than 41 addresses have been identified which grabbed millions of dollars during the theft.
Bitcoin and the cryptocurrency market bounced back strongly last month in July after a severe correction during the second quarter. Trading currently at $23,300 levels, Bitcoin registered close to 20% gains last month. However, the bigger question here is where is Bitcoin heading up from here onwards. On-chain data provider Santiment reports: Bitcoin jumped +18% in July after @santimentfeed‘s NVT model’s growing #bullish divergence in May & June finally...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Polygon [MATIC] found renewed buying pressure over the last month as the buyers continue to inflict a streak of green candles on the daily chart. This trend-altering comeback aided the bulls in propelling the price above the EMA ribbons. The bulls were able to reclaim critical support levels after a well-needed push from the ascending triangle breakout. A sustained bullish...
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin [BTC] fell below the $20k mark and over the past couple of days, saw a minor bounce to the $21.4k mark. However, on lower timeframes, the $21.5k and the $22.2k levels are important resistances to the price. Even though Bitcoin rallied from $19.4k to $24.1k within a week, the larger timeframe bias remained bearish. This was not the case...
The crypto market loses last week’s gains as Bitcoin and Ethereum prices fail to sustain key support levels ahead of the FOMC meeting on July 27. The crypto market saw over $250 million in total liquidations, with nearly 80,000 traders liquidated in the last 24 hours. The rising FUD this week pushes the probability of a 100 bps rate hike by the Federal Reserve higher. The probability of a 75 bps interest rate hike has come down to 75% from...
The world’s biggest Ethereum [ETH] whales continue to place bullish bets on the meme-currency SHIB. But the question still comes down to the latter’s price. Did whales’ faith in SHIB help the suffering token surge in value?
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