Stablegains Faces Lawsuit After Losing $44M on UST
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After taking a turn from the $12-mark, Uniswap (UNI) swiftly swooped south in its extended bear run. While the sellers kept ramping up the pressure, they flipped the seven-week trendline support to resistance. An […] Source link
It is critical to evolve in a world that is moving at such a quick pace. Evolution is vital not only for humans but also for the industry to keep up with the times. Tech is enhancing the age-old operating processes of various sectors in the present era. Some businesses, such as banks, stock exchanges, and insurance, are already using blockchain to increase the efficiency of their operations. Full adoption of blockchain technology in the finance sector can change many things....
Axie Infinity was the victim of the biggest hack in the history of crypto when it lost over $600 million, and today, it became witness to another attack after its Discord server’s MEE6 bot was compromised, which started posting phishing links.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After the EMA ribbons denied all buying retrieval attempts over the last six weeks, SAND bears pulled the altcoin down to its $1.11 lows last week. This devaluation has impaired the bullish capability to find […] Source link
The overall market structure reshaped itself into a low volatile, compression phase in the last few days. As a result, Polkadot, Cronos, and FTX Token witnessed short-bodied candlesticks after approaching their high liquidity areas. Thus, hitting a near-term plateau on their charts. The bulls still needed to inflict an uptick in the buying volumes to prevent the ongoing bearish tendencies in the market.
The recent downtrend took a breather at the $5.17 mark and witnessed a consolidation phase coiling the price between the $9.7 and $5.17 support. The Apecoin(APE) revealed a symmetrical triangle pattern in response to this consolidation, putting a recovery opportunity on the cards.
Cardano ($ADA) whale transactions have recently shot up to a 4-month high after the price of the cryptocurrency plunged to a bottom at $0.40 earlier this year. Whales were seemingly buying the dip ahead of an upcoming hard fork that will improve the network’s performance. According to on-chain...