Ethereum has the biggest gains on the daily chart for the main cryptocurrencies by market cap. At the time of writing, ETH is up 4.9% and trades at $2.328,58. With sideways movement in the weekly and 46.7% gains on the monthly chart. ETH recovering on the daily chart. Source: ETHUSD Tradingview More appreciation for ETH…
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Bitcoin price extended its decline below the $50,000 support against the US Dollar. BTC is now consolidating losses and it remains at a risk of more downside below $48,000. Bitcoin declined heavily below the $52,000 and $50,000 support levels. The price is now trading well below $52,000 and the 100 simple moving average (4-hours). There…
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Solana (SOL) appears to be on a moon mission. In the daily chart, SOL has moved against the current market sentiment and reached a new all-time high at $42,58. After a minor drop, the cryptocurrency trades at $41,79 with even bigger gains in the 7-day (+65.3%) and 30-day chart (+207.2%). SOL on a bullish trend…
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On April 21st, IOTA Co-founder Dominik Schiener said the platform was about to enter a new era. Chrysalis 2.0 is set to be deployed next week with a complete overhaul of this network. Firefly, the token’s new native wallet, is a key component and will operate as a bridge from IOTA 1.0 to the 1.5…
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Bitcoin is holding well above the critical support at $47,000. Trading at $50.067 with 1.6% in the 1-hour chart and sideways movement in the 24-hour chart, BTC seems to be on a path to recovery on the lower timeframes. As many in the crypto space have said, this bull-run will be defined by its quick…
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Bitcoin fell below $50,000 on Friday. The pioneer cryptocurrency is currently trading at around $49,405 at 11:10 GMT. Within the last 24 hours, the coin lost 8.9%, a massive loss to traders and investors. However, stock-to-flow models creator, PlanB, has said that he’s relieved that the coin has lost over 22% in just a week.…
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Faruk Fatih Ozer, the founder of the Turkish crypto exchange Thodex, is reportedly on the run with billions of dollars of users’ funds. Reports claim the exchange website shut down on Wednesday, with a message saying trading was suspended due to an “unspecified outside investment.” Many Turks had turned to crypto as a lifeline following…
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VeChain (VET) has been moving sideways in the daily chart while major cryptocurrencies bleed out in the lower and higher timeframes. In the weekly and monthly chart, VET has an impressive 11.4% and 140% respectively trending opposite to the general market sentiment. VET moving sideways in the daily chart. Source: VETUSDT Tradingview Anonymous trader VeChain…
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A report by Messari researcher Roberto Talamas explores the performance of the most important cryptocurrencies in the “ecosystem wars”. From Ethereum, Cosmos, Solana, Binance Smart Chain, DeFi seems to be moving from a “trend” to a relevant sector for any platform looking to take a share of the $55.29 billion in Total Value Locked (TVL)…
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Bears wreak havoc in the crypto market and major coins bleed out in the lower and higher timeframes. Bitcoin (BTC) is on a downtrend with a 9% correction over the past day and 20.9% in the 7-day chart. With a market cap below $1 trillion for the first since February, the price action seems to…
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