Bitcoin started a downside correction below $41,200 against the US Dollar. BTC must stay above the $40,000 support to start a fresh increase. Bitcoin started a downside correction below the $41,200 support zone. The price is trading below $41,400 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance…
We’re back with a new week of Nightly Mint material, as Hollywood stars make headlines for all the right (and wrong) reasons. Sylvester Stallone is taking his film career to non-fungible tokens, and Floyd Mayweather is back at it again. All in a Monday’s worth of NFT action. Let’s dive into today’s action. The Nightly…
Bitcoin had broken above $40,000 again last week, marking the digital asset’s fifth break above this point this year alone. Given that it has been trending in its $36-$38k support level before this, traders had taken to placing their trades in anticipation of the cryptocurrency’s next movements. The digital asset had barreled towards $42,000 leaving…
Cardano remains one of the best performing assets in the crypto top 10 by market cap for the past 7 days. ADA’s price, with Avalanche (AVAX), Ethereum (ETH), and Solana (SOL), trades with over 15% in profit over this time period, and gains could extend on different timeframes. Related Reading | Cardano Soars 13% On…
On-chain data shows the Bitcoin NUPL metric currently has values that would suggest the bear market is yet to hit in full swing, if the coin is in one. Bitcoin NUPL Value Still Not As Low As Previous Bear Markets As pointed out by an analyst in a CryptoQuant post, the BTC NUPL metric suggests…
Zcash and privacy coins could be back in vogue. Two weeks they began moving upwards, following an oppositive sentiment in the market, and scored profits of around 11% for ZEC’s price, and 15% for Monero (XMR). Related Reading | Monero And Zcash Take Off With 15% Gains, Here’s What May Have Spurred The Rally ZEC’s…
Bitcoin’s stint above $40,000 continues as the market ushers in another week of trading. The weekend had been a rollercoaster for investors but prices have since started to level out. With the break above $40,000 last week, faith has gradually returned to the market, causing more people to invest in the digital asset. Amid this…
The global blockchain market hit a record high valuation of USD 4.9 billion in 2021, gaining traction across many major industries. Institutional venture capitalists and retail investors are fueling this trend and pumping capital into crypto startups and projects. By 2028, it is predicted to increase at an annual rate of 82.4 percent and soar…
With the immense sensation of the TRON Grand Hackathon 2022, which came to a stop on March 14, we’re delighted to see the winners declared in all four tracks, Web3, NFT, GameFi, and DeFi, on the TRON DAO Forum. The Forum has been an essential establishment for developers to come together, share ideas, create threads,…
NFTs seems to be an unstoppable force. The latest in the blockchain world, NFTs have grown from being traded at $100 million in 2020 to $23 billion in 2021. The 230x increase has got crypto investors searching high and low for quality NFT projects to support. Non-Fungible Tokens, or NFTs, are a way for the…
