The $55 highs of November were aggressively sold off in the weeks since, and the $23.4 level was tested multiple times in recent weeks. Technically, Polkadot was within a buy zone, but any buys with a mid to high-term time horizon have to be carefully managed. Bitcoin could see a bounce but the structure remained […]

When it comes to the American crypto sector, one huge source of confusion is the matter of which body should largely regulate crypto exchanges and their products. Is it the state government[s], the SEC, the CFTC, or Congress? In fact, one crypto exchange’s acquisition again brings up this question. Let’s play fair now On 13 January, […]

XRP held on to the $0.76 support level, although it did see a candle wick on the daily as far south as $0.705. This dip was bought. But, the question was- How many more dips can buyers absorb? The trend for XRP has been bearish on higher timeframes. A move past $0.9 would be needed […]

Going in 2022, Non fungible tokens (NFTs) have become a household name now. These so-called “digital collectibles” experienced a meteoric rise in 2021. To summarize, NFTs have taken the world by storm these past few years. It is through NFTs, digital artists are getting the recognition they deserved. However, people seem to be divided when […]

While the market lurched into a possible recovery window, the perception was not quite yet in favor of bulls. The broader market saw a decent recovery over the past three days and thus, reignited the bullish sentiment. Avalanche marked a double-bottom on its 4-hour chart. With a bullish RSI, the buyers had to step in […]

China might have labeled Bitcoin and cryptocurrency mining “obsolete” in the country. But its exit from the sector has proven to be a boon for countries like the USA, Russia, and Kazakhstan where most miners have shifted base. Smaller players have also emerged to fill in the gaps, and among them is Thailand. Here, large-cap […]

Over the past few days, NEAR Protocol has rallied impressively from the lows at $13.18. Bitcoin has also bounced from the $40.5k support, and NEAR has been able to climb past areas of supply with relative ease. The rally upward provided some short-term targets as take-profit levels for bulls. Over the past two weeks, the […]

Much like most central banks globally, the U.S. Federal Reserve has also been under the process of developing a central bank digital currency (CBDC) for quite a while. The country’s pace or urgency with the same might not be anywhere near the likes of China and Nigeria, the digital dollar has already faced one of […]

With Bitcoin closing in above all its 4-hour EMA ribbons, altcoins like Solana, Tron, and Stellar fought the bears with all their might. Their near-term technicals depicted the increasing buying momentum as they reclaimed their lost support levels. Solana (SOL) The 5 January sell-off fueled SOL’s already existing bearish tendencies since late December as the […]

In India, 2021 came and went without the cryptocurrency regulation bill that many crypto investors were hoping to see. However, that doesn’t mean the government has shelved its plans to regulate the industry. In fact, Indian media publications are abuzz with whispers of new crypto policies and institutional developments. A most taxing question According to […]

The cryptocurrency market continued to slide over the weekend as expectations of an early rate hike from the Federal Reserve hurt investor sentiment. Bitcoin, the largest cryptocurrency by market capitalization witnessed a significant fall. However, at press time, BTC surged by 3% in 24 hours and it was trading above the $43k mark. Nonetheless, with […]

Solana faced some problems such as slow transactions and network congestions in recent weeks. Against this backdrop, the price has been steadily declining, with the latest sell-off from $170 forced by Bitcoin’s drop below $45.8k. It appeared likely that continuation of the downtrend was in store for Solana, although a bounce into a lower high […]