Price analysis 5/25: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
Bitcoin and the major altcoins remain stuck in a range as traders search for the next factor that will start a directional move. Go to Source Powered by WPeMatico
Month: May 2022
JPMorgan places BTC fair price at $38k, declares crypto a preferred alternative asset
The banking giant says Terra collapse did not appear to harm the VC market, and things will be looking up for crypto as long as VC stays in. Go to Source Powered by WPeMatico
Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry
Traders are calling for a “relief rally” to $35,000, but derivatives data shows bears stand to profit from this week’s $1.81 billion BTC options expiry. Go to Source Powered by WPeMatico
Scott Minerd says Bitcoin price will drop to $8K, but technical analysis says otherwise
BTC price could be poised for a big bounce despite Minerd’s prediction that price will drop to $8,000. Go to Source Powered by WPeMatico
Crypto Market Turning Point — Most Cryptocurrencies Down 57% to Over 80% From Price Highs
Roughly six months ago, bitcoin and a number of digital assets reached all-time highs and the crypto economy crested above $3 trillion in value. Today is a different story as a great majority of cryptocurrencies are down between 57% to over 80% against the U.S. dollar. While Cryptos Are Down From the ATHs, 2020 Holders … Read more
Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil
The new investment vehicle will focus on early-stage ideas as well as projects that are more mature and have already shown some traction. Go to Source Powered by WPeMatico
Tax guidelines for crypto mining pass the first reading in Kazakhstan
The gradual scale would impose the highest taxes on the cheapest electricity sources. Go to Source Powered by WPeMatico
Biggest Movers: XMR Hits 2-Week High, LRC Climbs for Fifth Straight Day
Following a bearish start to the day, XMR climbed to a two-week high during today’s trading session. Gains in monero come as LRC also saw its price move higher, rising for a fifth consecutive day, as it approaches a multi-week high of its own. Monero (XMR) Monero extended a recent bullish streak during today’s session, … Read more
Cryptopedia: Learn the concepts behind stablecoins and how they work
Cointelegraph breaks down stablecoins and how they give users a way to safely store their assets without worrying about depreciation. Go to Source Powered by WPeMatico
Top 3 Metaverse Crypto Coins Below $35 Million Market Cap – May 2022
Metaverse Crypto coins remain one of the strongest sectors in crypto with tremendous long-term potential. Currently valued at over $14 billion, Metaverse crypto coins provide utility and fun for its users, incorporating the play-to-earn model to enable players to earn a passive reward by participating in its ecosystems. This article looks at our pick of … Read more
