Bitcoin traders say $34K was the bottom, but data says it’s too early to tell
Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets. Go to Source Powered by WPeMatico
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Weekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days
Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out of 12 different NFT-supporting blockchains, Solana was the only gainer, in terms of NFT sales during the past week. NFT Sales Slip Lower Following Last … Read more
Price analysis 2/25: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT
BTC is etching daily higher lows and altcoins are holding on to their recent gains, suggesting that a market bottom could be in place. Go to Source Powered by WPeMatico
Terra LUNA price nears key level after rallying 45% this week
LUNA has outperformed almost every top-ranking cryptocurrency this week including Bitcoin despite the market turmoil. Go to Source Powered by WPeMatico
Coinbase made $2.2 billion in revenue from transaction fees in Q4
The largest crypto trading platform in the U.S. has beaten analysts’ expectations by 27% in its Q4 earnings despite a broader slump in the crypto market. Go to Source Powered by WPeMatico
VOXEL, SLP and ALICE rally after protocol updates and a major exchange listing
Voxies, Smooth Love Potion and MyNeighborAlice overcome the noise to post double-digit gains thanks to protocol updates and a new exchange listing. Go to Source Powered by WPeMatico
Bitcoin price spike to $39K leads traders to say ‘the panic is over for a few days’
BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.” Go to Source Powered by WPeMatico
NFT projects thrive even as OpenSea trading volumes take a hit
Monthly volumes on OpenSea have declined in comparison with January’s record-breaking start, but select NFT collections are still seeing their floor prices soar. Go to Source Powered by WPeMatico
Last Bitcoin support levels above $20K come into play as BTC price faces ‘time of uncertainty’
Analyst braces for a potential dive below $30,000 as historical support levels remain far from the current Bitcoin spot price. Go to Source Powered by WPeMatico
FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis
Bitcoin’s correlation with the U.S. equity market could be one reason for its current decline, but Eastern European money destabilization could push BTC as “crisis” hedge. Go to Source Powered by WPeMatico