Published 34 mins ago The Axie infinity (AXS) price action displays a bull cycle gaining momentum within the consolidation range that shows potential to reach the $20 mark. However, the volatile market conditions question the bullish trend continuation and project the possibility of an early bearish reversal. So, should you consider going bullish by neglecting the overall market trend?
Coinbase, one of the world’s leading crypto exchanges, is a popular portal for both retail and institutional investors. The exchange, based out of the United States, touts a user base of 103 million verified customers, in addition to 14,500 institutions across 100 countries. Often, users struggle with Coinbase...
Published 51 mins ago On September 2nd, the LINK chart displayed a higher price rejection candle at $7.3 resistance, hinting at the end of the ongoing relief rally. With a 0.8% drop today, the sellers bolster the possibility of price reversal. If the selling pressure persists, the coin holders may lose $6.3 support.
Terra Classic [LUNC] had quite an exciting time in the last few days as it approached a major milestone implementation. Ever since the May crash, the community has expressed concerns over the excess LUNC supply in the market. The 1.2% tax is aimed at solving this problem. Unfortunately, many LUNC traders and potential traders may not understand what the 1.2% tax is all about, so here’s a brief explanation. All on-chain LUNC transactions will be subjected to a 1.2% tax....
The cryptocurrency community is expecting the price of Cardano ($ADA) to surge around 35% during the month of September, in which a major upgrade to the network is expected to go live, the Vasil hard fork. According to data from CoinMarketCap’s price estimate feature, which saw over 13,700 users...
On Friday (September 2), Input Output Global (“IOG”), the blockchain technology company behind Cardano’s R&D, finally confirmed the date for the hotly-anticipated Vasil upgrade (or Vasil HFC). On 10 December 2021, IOG Co-Founder and CEO Charles Hoskinson explained that he was going to honour his Bulgarian friend and...
Published 10 mins ago Today, the UNI/USDT pair is trading at $6.67, displaying a 5.71% gain. The bullish breakout from the immediate resistance of $6.65 teases a recovery opportunity for UNI. However, the volume activity is relatively low and thus; reflects a lack of bullish commitment. Will buyers regain the $6.654 mark, or will the sellers strike back at higher levels?
AAVE has so far maintained a healthy lead as the top DeFi borrowing and lending protocol by market cap. But does it still maintain its position now that more competition is flowing into the segment? Well, AAVE currently holds the top spot as the largest decentralized lending and borrowing market by market cap. It has the first mover advantage over its competition and this means it had more time to develop and execute. Although this advantage was critical to its success, the...
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