Price analysis 2/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Strong U.S. jobs data for January could not pull Bitcoin and select altcoins lower, indicating a strong bullish undercurrent. Go to Source Powered by WPeMatico
Cardano
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Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse
The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back On Thursday, Feb. 2, 2023, the top smart … Read more
Price analysis 2/1: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Crypto traders are waiting for the result of today’s FOMC and it’s possible that the recent downside could reverse course if Powell’s statements hint at an improving U.S economy. Go to Source Powered by WPeMatico
ADA-backed algorithmic stablecoin Djed launched on Cardano
The algo-stablecoin Djed from DeFi service provider COTI deployed on the Cardano mainnet after its successful security audit. Go to Source Powered by WPeMatico
Price analysis 1/30: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
Bitcoin and altcoins started the week in the red, but if this week’s FOMC meeting aligns with investors’ general expectations, the wider crypto market could quickly rebound. Go to Source Powered by WPeMatico
5 reasons why the Aptos (APT) rally could still have wings
Aptos’ star-studded founders and the market’s disbelief in the rally could further fuel the rise in APT price. Go to Source Powered by WPeMatico
Price analysis 1/27: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin and select altcoins continue to consolidate near their recent highs, increasing the possibility of an upside breakout. Go to Source Powered by WPeMatico
Biggest Movers: ADA Climbs to 11-Week High, as Crypto Markets React to US GDP Data
Cardano raced to an 11-week high on Thursday, as markets reacted to data showing that gross domestic product in the U.S. rose by 2.9%. The token rose by as much as 5% earlier in the day, climbing to its strongest point since November. Monero was also in the green, nearing a key resistance level in … Read more
Price analysis 1/25: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin and the wider crypto market began to correct after the bullish momentum that drove last week’s rally to year-to-date highs started to fizzle out. Go to Source Powered by WPeMatico
Price analysis 1/23: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
The rally in stocks could be giving Bitcoin price a boost, and the crypto market could see more fireworks if the Fed confirms investors’ expectation that rate hikes will slow down. Go to Source Powered by WPeMatico
