Cardano co-founder Charles Hoskinson defended ADA against the ‘dead’ label. Despite the support, ADA continued to decline and pessimistic market sentiment persisted. Cardano [ADA] Co-founder Charles Hoskinson has recently found himself in a heated debate with crypto analysts, which began when crypto analyst Ben Armstrong claimed that Cardano was dead. In a YouTube video he … Read more
The prospects for an altcoin season continue to decline as TOTAL2’s market cap remains out of reach for BTC. Although some analysts see a buying opportunity, the market trend seems to indicate that this is still a long way off. For months, analysts have thought that altcoin season is near. But in that time, those … Read more
The drop in Bitcoin price below $59,000 has led to significant liquidations in the market, especially for altcoins. Analysts advise caution and suggest a pause in accumulating altcoins due to current market uncertainties and weak signals. In a dramatic 24-hour period, the global cryptocurrency market saw a sharp drop of 4.7%, caused by a significant … Read more
Donald Trump backs BTC as a strategic reserve asset. Trump’s pro-crypto stance has inspired a voting bloc of crypto executives and owners. In a massive turn of events, former President Donald Trump has changed his mind about cryptocurrencies he once despised. His narrative is aimed at countering and defeating current President Joe Biden by winning … Read more
Bitcoin remained in the $64,000 price range. Nearly 2 million addresses bought BTC in this price range. Bitcoin [BTC] has recently fallen below a key support level that has been holding for several weeks. Although the support line has passed, there is another, less visible level of support. If BTC falls below this invisible threshold, … Read more
Bitcoin remained in the $64,000 price range. Nearly 2 million addresses bought BTC in this price range. Bitcoin [BTC] has recently fallen below a key support level that has been holding for several weeks. Although the support line has passed, there is another, less visible level of support. If BTC falls below this invisible threshold, … Read more
Pendle, Lido DAO and Ethereum Name Service were the biggest winners last week. zkSync, dogwifhat and Notcoin were the biggest losers of the week. Shuttle [PENDLE] saw the market swing in its direction as it emerged as the biggest winner in a turbulent week for cryptocurrencies. Meanwhile, zkSync had a challenging debut, quickly feeling the … Read more
The buying pressure, indicated by spot volume on the exchanges, pushed the price to $4.50. Signals from the RSI and Funding Rate suggested that CVX could fall below $4 as it was overbought. Convex finance [CVX], the native token of the yield optimizer for various protocols, stunned the market with a 90.85% rally in the … Read more
Solana traded within a certain consolidation range, indicating impending growth. The 200-day EMA and Fibonacci levels suggested key support and resistance points. During recent trading sessions, Solana said [SOL] has experienced significant fluctuations in market value. From a high of $172 last week, the digital asset has corrected and stabilized around $151 at the time … Read more
The altcoin market has remained bearish, with no significant growth triggers. Analysts suggest a potential recovery only after Bitcoin reaches a $100,000 milestone. The cryptocurrency market has witnessed a substantial downturn in the altcoin sector, which has struggled to gain momentum amid a broader market focus on Bitcoin. [BTC]. In recent weeks, the altcoin market … Read more