At the start of the year, Cardano’s market cap was hovering around $5.6bn. However, in five weeks, a flood of bullish sentiment has propelled this figure to $28.4bn. This was enough to leapfrog the likes of XRP and Polkadot to take the fourth spot on CoinMarketCap. Likewise, over this period, the price of ADA is…
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Bitcoin plunged by more than $3,000 after establishing a record high on Tuesday, stoking concerns about an extended price decline on growing profit-taking sentiment. Nevertheless, the flagship cryptocurrency discovered a substantial interim support range above $44,000. The BTC/USD exchange rate inched back above $45,000 in the early Asian trading session Tuesday, reiterating hopes that the…
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The TrueFi protocol has only been around for a couple of months and its arrival is already being felt across the DeFi landscape. Since the beginning of January, the platform has steadily been climbing the rankings chart on DefiPulse, already in the 24th spot after 2 months since launch, moving past long-standing protocols like Cover,…
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Cardano’s price started a strong surge above $0.7000 and $0.8000. ADA is consolidating gains and it is likely to continue higher above the $1.00 resistance. ADA started a strong surge above the $0.6500 and $0.7000 resistance levels against the US dollar. The price is now trading well above $0.8500 and the 100 simple moving average…
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It’s no longer news that there has been a significant increase in the number of eSports viewers. In 2019, there were about 245 million casual viewers and 198 million enthusiasts – an audience total of 443 million. Newzoo forecasts that by 2023 the annual growth rates of viewers will be approximately 10.4%. Newzoo also released…
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Leading cryptocurrency exchange Bithumb has announced the listing of GLEEC. The eponymous asset of digital asset platform Gleec, the token provides an array of use cases within the crypto portal’s growing ecosystem. Its addition to Bithumb will provide greater liquidity and enable users in new markets to explore what the Gleec platform has to offer.…
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Ethereum traded to a new all-time high at $1,840 before correcting lower against the US Dollar. ETH price is holding the $1,700 level and it is likely to start a fresh increase. Ethereum started a downside correction after trading to a new all-time high near $1,840. The price is now trading nicely above $1,700 and…
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Bitcoin price started a downside correction below $46,000 against the US Dollar. BTC is now consolidating above the $43,800 support and the 100 hourly SMA. Bitcoin failed to stay above the $47,000 level and corrected below $46,000. The price is holding the $44,000 level and the 100 hourly simple moving average. There was a break…
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The latest Bitcoin uptrend is its most powerful yet, and while momentum has clearly been up for some time, an ominous sell signal has appeared. And while the cryptocurrency has shown little signs of slowdown, the top-sniping signal that perfectly called the 2019 peak is back again. Will this sequence-based signal result in near flawless…
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Bitcoin is unstoppable and over the last year its market cap has doubled and then some. The massive flood of capital has caused the market cap o the scarce cryptocurrency to now surpass many major publicly traded corporations and even fiat currencies. The most recent wave of buying has been driven by news that Telsa…
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