Price analysis 4/8: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE
The strength in the U.S. dollar may keep Bitcoin and select altcoins under pressure in the short term. Go to Source Powered by WPeMatico
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The strength in the U.S. dollar may keep Bitcoin and select altcoins under pressure in the short term. Go to Source Powered by WPeMatico
Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based non-profit announced it will be acquiring $100 million avalanche (AVAX) tokens. LFG detailed on Thursday that the purchase is meant to strategically align the Terra network with Avalanche ecosystems. LFG to Add $100 Million in Avalanche Backing to … Read more
BTC and select altcoins dropped far below their strong support levels, a clear sign that the recent bullish momentum has weakened. Go to Source Powered by WPeMatico
BTC and altcoins are dropping to retest lower support levels and bulls have yet to buy into the current dip. Go to Source Powered by WPeMatico
Non-fungible token (NFT) sales have increased this week after a small 2.15% drop the week prior. During the last seven days, NFT sales are up 34.62% from $579 million to $779 million. The NFT collection with the most sales this past week was Azuki, as the collection’s NFT sales jumped 94.68% higher than the week … Read more
On Sunday, April 3, the total value locked (TVL) in decentralized finance (defi) has risen to $231 billion. The TVL is nearing the all-time high (ATH) of $256 billion recorded on December 2, 2021, as it’s only 10.82% under the TVL’s ATH. Additionally, while Curve Finance continues to dominate in terms of TVL, the defi … Read more
AVAX price posted a multi-month higher high, signaling that the altcoin’s downtrend is over, but a decline in network activity could weigh on the current rally. Go to Source Powered by WPeMatico
Bulls set their targets on new highs now that the brief consolidation phase in BTC and altcoins appears to have ended. Go to Source Powered by WPeMatico
BTC and altcoins could enter a short consolidation phase before retesting their breakout levels, a sign that the current price action could be a buying opportunity. Go to Source Powered by WPeMatico
Sales volume across Solana’s NFT marketplaces has dropped by more than 13% in the last 30 days. Go to Source Powered by WPeMatico