The MATIC price recently broke above a key resistance level, indicating a positive development. However, its price appreciation over the past week has been modest, with only a 2% increase. MATIC has remained close to a critical support line on its daily chart despite the breakout. The technical outlook suggests that recovery might take some…
An intriguing development has caught the crypto community’s attention as a Bitcoin whale deposited a substantial amount of BTC on the world’s largest crypto exchange, Binance. This significant move has sparked speculation about potential selling pressure and the subsequent impact on Bitcoin’s price. Notably, the massive deposit was recorded when Bitcoin showed signs of a rebound following…
Uniswap Labs, a leading decentralized finance (DeFi) platform, has recently conducted a survey to understand the motivations and barriers of US-based retail users towards DeFi. The survey received 1,860 responses, including non-crypto, centralized finance (CeFi), and DeFi users. The survey revealed that despite the bear market backdrop, nearly half of CeFi users expressed an interest…
On-chain data shows the Bitcoin Binary Coin Days Destroyed (CDD) has stayed low recently. Here’s what this says about the current market. Bitcoin Binary CDD Has Remained At Very Low Levels Recently According to data from the on-chain analytics firm Glassnode, this indicator attained high values during the 2021 bull run. To understand the CDD…
Bitcoin casino bonuses play a significant role in enhancing the gaming experience and the potential for winning. In this article, we will explore the best deposit bonus offers in 2023 and provide insights on where to find them. BC.GAME – Best On The Market Metaspins – Superb Crypto Casino Betplay – Best Rated New Casino…
Filecoin, a decentralized storage platform based on blockchain technology, has recently found itself entangled in a regulatory debate as the United States Securities and Exchange Commission (SEC) raises concerns over its classification as a security. Grayscale Investments, a prominent digital asset management firm, has been instructed by the SEC to withdraw its application for a…
On-chain data shows the cost basis of the 1-3 months old Bitcoin investors has continued to provide support to the price recently. Bitcoin Has Once Again Bounced Off This Support Line As pointed out by an analyst in a CryptoQuant post, if this line doesn’t break, then BTC should be able to continue its bullish…
The price of Internet Computer (ICP) experienced a downward movement dropping by 41.98% to a low of $5.05 on April 26, 2023. This was after a significant surge from April 10 to April 19, when it started the downtrend. This price decline affected the market sentiment of Investors and traders. Since the beginning of this…
The crypto space is bubbling with many comments and reactions about the sale of BEN tokens by the famous crypto influencer Ben Armstrong, also known as BitBoy. One of the notable reactions came from the Ripple Labs CTO, David Schwartz, who disclosed that his lack of trust in the YouTuber goes far back in the…
Ethereum (ETH) recently witnessed a remarkable event that sent ripples of excitement through the crypto community. An Ethereum whale emerged from a prolonged slumber, making a substantial return to the scene after remaining inactive for more than two years. A “whale” is a term used to describe individuals or entities holding significant amounts of cryptocurrency. The…
