The price of Ripple (XRP) is struggling to break above $0.65 resistance. Recently, the bears broke the previous low at $0.65 as the price hit a new low of $0.51.
COMP price may soon test and fall below the 76.4% FIB retracement level of $306.11. The price may further fall below the 61.8% FIB retracement level of $295.23 as well. Thus, as of now, the bears are strong. Hence, we can expect the price downtrend to continue today and tomorrow.
Polygon to create Avail, an all-purpose blockchain network meant to offer scalable data to independent chains, sidechains, and other Layer-2 solutions.
Bitcoin price remains pivotal between $34,000 support and the 100 SMA. Buyers seem to have the upper hand, according to the MACD. Bitcoin has lagged the upswing from the dip under $30,000, mainly due to the immense resistance of around $35,500. The last few days have seen bulls and bears go head-to-head, but the robust
Despite reports to the contrary, the Bitcoin hash rate has crashed to its lowest level since Q3 2019, at 58 million TH/s. @caprioleio described this situation as a chart “to give you nightmares.” Source: @caprioleio on Twitter.com This then raises questions over the relationship between the price of Bitcoin and its hash rate and whether […]
TL;DR Breakdown VeChain price analysis shows the pair mirror major altcoin price movements VET/USD pair is near crucial support levels and needs massive bullish volumes for uptrend False breakout on hourly charts may dampen the buyer’s spirits The bearish momentum is still solid, and VET needs broader crypto market support A phase of stagnation has […]
China’s ongoing crackdown on cryptocurrencies has forced Huobi exchange to halt derivatives trading services to users in China. As per an updated User Agreement from the Seychelles-based exchange, China is now on the list of prohibited jurisdictions for derivatives trading. Crypto users in the country can still access the exchange for spot trading. Huobi Ban […]
The press releases are on fire today as Polygon has announcements firing out left and right. The platform has announced ‘Avail’ – described as “a robust general-purpose scalable data availability layer”. Additionally, the platform announced the launch of yield aggregator Pickle.Finance. Polygon’s Latest: Avail In a press release to kick off the week, Polygon has […]