Crypto awakening: Researcher explains ETH exodus from exchanges
On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of FTX’s collapse. Go to Source Powered by WPeMatico
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Bitcoin may need $1B more on-chain losses before new BTC price bottom
BTC price losses are not yet bad enough to rival previous Bitcoin bear market troughs, data suggests. Go to Source Powered by WPeMatico
Biggest Movers: LTC up 12%, Hitting a 3-Week High
Litecoin rallied to a three-week high on Nov. 22, despite the global cryptocurrency market cap mostly residing in the red. As of writing, the crypto market is down 1.11%, however, litecoin is up by over 12%. Another notable gainer has been chainlink, which rose for a second straight session. Litecoin (LTC) Litecoin (LTC) was a … Read more
Bitcoin, Ethereum Technical Analysis: ETH Slips Below $1,100 Ahead of FOMC Minutes Report
Ethereum fell below $1,100 on Nov. 22, ahead of tomorrow’s much anticipated United States Federal Open Market Committee (FOMC) minutes release. Many are looking toward this report for hints from the U.S. Federal Reserve, in terms of when it could pivot from current policy. Bitcoin was also lower, hitting a key support point in the … Read more
Biggest Movers: NEAR Slips to 16-Month Bottom, ALGO Over 11% Lower on Monday
Near protocol fell to its lowest level in over sixteen months, as bearish pressure intensified on Nov. 21. Overall, cryptocurrencies started the week trading lower, following increased speculation on a prolonged market crash. Algorand was another notable token to fall, dropping by over 11% today. Near Protocol (NEAR) Near protocol (NEAR) dropped to its lowest … Read more
Bitcoin, Ethereum Technical Analysis: BTC Below $16,000 Amid Increased Market Volatility
Bitcoin slipped below $16,000 on Nov. 21, as markets continued to react to the news that the FTX contagion had impacted yet another firm. Hong Kong-based crypto ATM firm Genesis Block halted its operations, as it looks to stabilize its liquidity pool. Ethereum was also lower, as prices remained below $1,200. Bitcoin Bitcoin (BTC) slipped … Read more
Biggest Movers: ALGO Nearly 10% Higher, TRX Extends Recent Gains
Algorand has been a notable exception in what has been a relatively bearish start to the weekend. On Nov. 19, the token rose by nearly 10%, as cryptocurrency markets mostly traded lower. Another noteworthy exception was tron, which climbed for a second consecutive day. Algorand (ALGO) Algorand (ALGO) was a notable gainer on Saturday, as … Read more
Bitcoin, Ethereum Technical Analysis: ETH Heads Towards $1,200 Breakout on Saturday
Ethereum was once again nearing a breakout of its $1,200 level, as bearish sentiment returned to start the weekend. Following price rebounds on Friday, cryptocurrency markets were back in the red, and are trading 0.68% lower as of writing. Bitcoin also slipped in today’s session. Bitcoin Bitcoin (BTC) was once again trading lower to start … Read more
Biggest Movers: LTC Rallies to 1-Week High, as UNI Snaps Recent Losses
Litecoin rallied to a one-week high on Friday, as the token rose for a second consecutive session. The move saw prices climb by close to 8% earlier in the day, and comes as crypto markets mostly traded higher. Uniswap also gained, rebounding from recent losses. Litecoin (LTC) Litecoin (LTC) was a notable gainer on Friday, … Read more
Banks still show interest in digital assets and DeFi amid market chaos
Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions. Go to Source Powered by WPeMatico