The previous week saw Ethereum flipping $1,603 from resistance to foothold following a morning star candle pattern. Bulls secured renewed upside momentum after the alt jumped beyond its 3-month trend-line support, reclaiming their position beyond the 20-50 Exponential Moving Average. The supply…
Decentralization remains a crucial feature of any blockchain. Remember, validators and miners within the decentralized space are critical. Moreover, the capacity of a platform to prevent attacks is of importance. Meanwhile, Polkadot appears to lead in that sector. Polkadot: The Safest Network?…
The Bitcoin mining industry took a severe blow in 2022. Many miners exited the BTC network due to inflation, geopolitical worries, and massive price plummets. Why? Primarily to reduce losses. Now, the community has raised questions regarding the profitability of the business….
Anyone tracking the crypto, either as a fan or investor, might wonder whether the latest bear regime has ended. True enough, the marketplace remains capricious, especially for long-term players. Nevertheless, these observations and opinions can help you better analyze the current market…
Ethereum Classic (ETC) is among the few alts in the green today, whereas Bitcoin remains steady below the $23,000 mark. Bitcoin welcomes the weekend with calm actions following a highly volatile week, changing hands below the $23K value area. Most alternative tokens…
During its recent Adoption Update, the widely utilized oracle platform Chainlink informed investors about multiple integrations. These were visible in various chains between July 11 and 17. Meanwhile, Chainlink highlighted 16 integrations (from four of its functions) in seven chains. They included…
The overall crypto market has recorded selling momentum as ‘bottom’ recoveries continue. The escalated bearishness saw over 62K traders liquidated within July 13’s final 24 hours (CoinGlass data). Additionally, more than $180 million faced liquidation within that timeframe. The Bearish Fight The…
Celsius’ crisis eventually ended last week, but CEL remained stuck around similar value areas for nearly a week due to broad market cues. CEL has stayed unmoved for a week following the repayment. Market bearishness combined with investors’ bullishness triggered confusion. CEL…
The weekend saw trading volumes flattening as Bitcoin returned to sub-$20K. Can this week see gains within the cryptocurrency market? BTC and ETH recorded solid weekly increases as they crossed critical support levels. AAVE and Ether rallied due to renewed bullish strength…
The 61.8% FIB resistance re-launched the altcoin’s bearish tendencies following an attractive bullish streak that lasted a few months. The downward move from $0.08 bolstered sellers to secure a closing beneath the Exponential Moving Average ribbons. The upcoming few candles would possibly…
