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Daily Archives: October 6, 2022

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Polygon (MATIC) Leads Gains By Adding Over 14% In A Week

Crypto NewsBy October 6, 2022

Polygon (MATIC), the Ethereum L2 project, has seen a massive increase in its price over the past seven days. The project has enjoyed much attention from the bulls, gaining over 14% in just one week. Polygon, currently ranking 11th based on market cap, has had a busy week. The PolygonDAO has been closing deals and…

Wash Trading Dominates Bitcoin Volume, What Does This Mean For Price?

Crypto NewsBy October 6, 2022

The daily bitcoin trading volumes come out into billions of dollars every day, with hundreds of thousands of daily transactions being carried out. It is one of the reasons why bitcoin draws the most investors, given such high trading volume and good depth across all exchanges. However, some on-chain analyzers have been diving into the…

Floki Inu Eyes Break Out At $0.00000800, But The Price Must Do This First

Crypto NewsBy October 6, 2022

FLOKI price continues to struggle as price ranges in a downtrend channel with a major breakout imminent.  FLOKI trades below key resistance as price ranges under 8 and 20-day EMA. The price of FLOKI struggles to flip key resistance into support.  Floki Inu (FLOKI), one of the most popular memecoins in crypto, is expected to…

Has Bitcoin Price Broken Out Of Downtrend Resistance? BTCUSD Analysis October 6, 2022

Crypto NewsBy October 6, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine a possible breakout of Bitcoin price on linear scale. We also compare the breakout on logarithmic scale to determine if the signal might be a reliable sign the bottom could be in. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October…

Why “Rosy” Earnings Estimates Might Hurt Bitcoin As Price Struggles At $20,000

Crypto NewsBy October 6, 2022

Bitcoin continues to lose momentum on low timeframes, as bulls were unable to follow through on yesterday’s upside impulse. The cryptocurrency was rejected around the mid-area of its current levels and might be bound for a fresh re-test of local support. At the time of writing, Bitcoin price trades at $20,000 with a 1% loss…

Calm Before The Storm? Bitcoin Volatility At Historically Low Levels

Crypto NewsBy October 6, 2022

Data shows the Bitcoin 7-day volatility has plunged down recently to pretty low values. Here’s what has historically happened following instances of such a trend. Bitcoin 7-Day Volatility Has Declined To Just 1.6% In The Past Week According to the latest weekly report from Arcane Research, the recent sideways trend in the BTC price has…

Dogecoin (DOGE) Defies The Bear, Outperforms Bitcoin And Ethereum, Lingering Trend?

Crypto NewsBy October 6, 2022

Dogecoin (DOGE) is one of the best-performing assets of the past week, as Bitcoin and Ethereum trended to the downside in September. The meme coin seems to be positively reacting to the potential acquisition of Twitter by billionaire and tech giant Elon Musk. A well-known Dogecoin defender, the cryptocurrency has shown high levels of correlation…

Can Crypto Go Green? Learn About IMPT Exciting Plans for the Planet

Crypto NewsBy October 6, 2022

With the negative stigma surrounding the amount of energy cryptocurrency uses, it’s about time crypto projects step up and start to make a difference from inside the industry. One project that entirely focuses on helping crypto go green is IMPT – a blockchain-based carbon credit ecosystem. Putting Carbon Credits on the Blockchain IMPT’s mission is…

All Signs Prove Shiba Inu Is Ready For A Run; Here Is Why?

Crypto NewsBy October 6, 2022

SHIB’s price continues to struggle as price ranges in a descending triangle with a major breakout imminent.  SHIB trades below key resistance as price ranges under 8 and 20-day EMA. The price of SHIB struggles to flip key resistance into support, with eyes set on retesting a high of $0.00002. Shiba Inu (SHIB), one of…

Most Popular Ongoing Crypto Presales Set to Sellout Early

Crypto NewsBy October 6, 2022

Cryptocurrencies continue to be popular among investors, and many projects are conducting presales at this very moment. As always, a good number of these crypto presales are set to sell out early, indicating strong conviction in the protocol and what the team is aiming to do. Here, we list the most popular ongoing crypto presales…

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