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Daily Archives: October 5, 2022

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Bitcoin Shocker: Lightning Network Capacity Reaches 5,000 BTC

Crypto NewsBy October 5, 2022

The Bitcoin Lightning Network has marked another tremendous milestone. The total public capacity had surpassed more than 5,000 BTC for the first time in history, continuing along with the growing trend of 2022. This new milestone pushes further the capability and promise of the Bitcoin Lightning network. Just like always, there was a reason behind…

Near Protocol Collapses Despite Rounded Bottom, Is $6 Possible?

Crypto NewsBy October 5, 2022

NEAR price continues to struggle on both low and high timeframe despite showing signs of recovery in recent times.  NEAR price trades in a range as the price looks set for a retest of key support areas. The price of NEAR fails to break above resistance despite forming rounded bottom on the daily timeframe.  Near…

Bitcoin Bulls Snap Back With The Bollinger Bands | BTCUSD Analysis October 5, 2022

Crypto NewsBy October 5, 2022

In this episode of NewsBTC’s daily technical analysis videos, we look at the latest move up in Bitcoin price using the Bollinger Bands across a variety of timeframes and explain why a close above the upper band could lead to a larger move to the upside. Take a look at the video below: VIDEO: Bitcoin Price…

GMX Token, Arbitrum Favorite Get Listed On Binance, What Next?

Crypto NewsBy October 5, 2022

GMX price continues to show bullish strength as price increases on all timeframes, as there is no sign of retracement.  GMX is one of the arbitrum favorites listed on the Binance innovation trading interface.  The price of GMX holds above support as price trends on the daily timeframe to create new all-time highs.   GMX token…

XRP Price Could Get A 23% Boost From This Bullish Formation Breakout

Crypto NewsBy October 5, 2022

XRP is looking good, as Ripple once again scores a procedural victory in its lawsuit battle against the U.S. Securities and Exchange Commission (SEC) that has been ongoing for almost two years now. XRP gains another key victory in its ongoing legal battle with SEC Altcoin is up by 8.5% for the past seven days…

Low Volatility Crypto Market Supplies Surprisingly Stable State Of Fear

Crypto NewsBy October 5, 2022

Data shows the crypto market has remained in a state of extreme fear recently despite the Bitcoin volatility being quite low. Crypto Fear And Greed Index Continues To Point At “Extreme Fear” As per the latest weekly report from Arcane Research, investors in the cryptocurrency sector have remained extremely fearful since late August. The “fear…

XRP Chills About Support And Aims Higher, Will It Breach $0.5?

Crypto NewsBy October 5, 2022

The crypto market is bouncing from daily support levels with XRP outperforming larger cryptocurrencies, such as Bitcoin and Ethereum. This token has been trending to the upside and moving against the tide even when conditions were unfavorable on small timeframes. At the time of writing, XRP’s price trades at $0.49 with a 3% profit and…

Solana Spikes 4% After Recent Recurring Glitches – A Little Shine For SOL?

Crypto NewsBy October 5, 2022

There has been some criticism about Solana since it was established in March of 2020. Through a thread he created, Cyber Capital founder Justin Bons exposed the network’s recent “anomalies.” and how it violated decentralization in the sense of DeFi. The native token of the network had a bullish pullback despite the controversy. Given the…

Regulatory Scrutiny Threatens Ethereum’s Rise, Will It Succumb Under Pressure?

Crypto NewsBy October 5, 2022

Ethereum has been seeing increased regulatory scrutiny in recent months. This comes following the network’s move to a proof of stake mechanism and the introduction of staking to the others. As sanctions have been levied against protocols such as Tornado Cash, it is becoming increasingly possible that regulatory bodies may turn their focus to Ethereum.…

Tron Could Be Ready For $0.1 After Hard Fight, Here Is Why?

Crypto NewsBy October 5, 2022

TRX price could be ready for a short-term relief rally as the price breaks out from the downtrend, creating more bullish sentiment for a recovery. TRX looks strong on both low and high timeframes.  The price of TRX breaks out on the daily timeframe after forming a descending triangle. Tron (TRX) has struggled to remain…

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