Is Spring here? What weighted sentiments say about Bitcoin, BNB, XRP, Polkadot
As winter moves into spring, will the longer days and blooming flowers perhaps wield a positive influence on investor sentiment? Here’s what the data had to say.
As winter moves into spring, will the longer days and blooming flowers perhaps wield a positive influence on investor sentiment? Here’s what the data had to say.
“Shark Tank” fame Kevin O’Leary in an interview with CNBC on Friday said, one-fifth of his investment holdings are in the burgeoning cryptocurrency and blockchain industry, with major investments diversified mainly in crypto tokens, currencies, and companies. Moreover, he believes President Joe Biden’s crypto executive order lacks much detail. Also, he expressed concerns about the way Biden’s directive includes an emphasis on climate risks associated with cryptocurrency.
Mustafa Elitas, Deputy Chairman of the AK Party Group and Turkey’s Minister of Economy, has reportedly met with members of the Turkish Shiba Inu ($SHIB) community to discuss the adoption of the meme-inspired cryptocurrency in the country. According to a tweet shared by the country’s SHIB community, later...
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...
On Wednesday, the crypto market experienced a sudden pump and rebounded several altcoin from their crucial support. The Solana (SOL) price faced a similar outcome as it bounced back from its monthly support, registering an 8% intraday gain.
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...