Grayscale Files Lawsuit Against the SEC, Cryptocurrency Markets Are Unchanged

The low volatility trend and sideways trading seen this week are still present in today’s cryptocurrency markets. Even though trading volume yesterday remained comparatively high, we anticipate further drops this Thursday for top crypto assets like Bitcoin and Ethereum.

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Understanding LRC's trajectory in past 90 days can help you trade better

According to the cryptocurrency social analytics platform LunarCrush, Loopring [LRC] was seen moving against the trend in the general cryptocurrency market. It recorded the highest daily count of sociThe post Understanding LRC's trajectory in past 90 days can help you trade better appeared first on AMBCrypto.

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STEPN (GMT) Holds Gains While Many Top Coins Taste Declines

The GMT’s price has been in a strong upward trend in the past seven days despite other major coins nosediving. It experienced a 13% 7-day growth and a 24-hour gain of 0. 53% this morning. Meanwhile, several top coins like FEI USD, Basic Attention Token (BAT), and Ravencoin have seen their prices plummet badly.

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Grow Your Bitcoin 5,000% by the End of 2022, Doing This!

As the bear trend continues into the autumn, Bitcoin owners have seen the currency drop below the $20,000 threshold, and the market is still falling. Even so, this doesn’t mean that crypto owners should give up on digital assets or just sit around, waiting for prices to recover.

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Bitcoin Must Hold This Level Or Risk Falling To $10,000

Bitcoin has seen a remarkable recovery trend that has caused its price to surge past $22,000 once more. This is a welcome development for the digital asset, which has been suffering from many dips, but it is not all rosy for the cryptocurrency.

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Why Crypto Could Heading For A Retest Of The Summer Lows

The crypto market has seen over today’s trading session as large cryptocurrencies retrace as much as 20% during the weekend. The near term seems likely to trend to the downside, at least until the end of the week, according to a group of experts.

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Crypto Market Gains Retrace As Ethereum Merge Draws Closer

Crypto market sentiment had been turning more positive in the month of August, and this had seen the digital assets in the space return double-digit growth in the first week of the month. However, the market has been unable to hold its bullish trend properly, and cryptocurrencies are beginning to shed the gains that they had put on in the first week.

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Expert Outlines Best Crypto Assets To Hodl During Crypto Winter

The crypto market has seen its most extensive greens after a long time of the bearish trend in the market. The event followed the positive report on CPI (Consumer Price Index) given by the U. S. Bureau of Labor Statistics in July.

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Cardano Price Sits Pretty At $0.5, Why A Breakout Is On The Horizon

Cardano has been one of the cryptocurrencies that have been able to hold despite the market crash. With the recent recovery, the digital asset has seen some movement, although it continues to trend around the same level without any significant swings upward.

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Sandbox (SAND) Price Up 76% Since June Courtesy Of Metaverse Hype

The Sandbox (SAND) has been showing bullish signals and rising steadily, recording a 0. 5% spike in the market. Sandbox price on an uptrend; rises by 76% SAND price trades upwards; depicting a long-term bullish trend Sandbox is bullish due to an increased investor and influencer interest  The market has seen aggressive strides in the past couple of weeks which is forecasted to be long-term.

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Bitcoin price prediction: analyst says short-term trend is bullish, targets $26K

Bitcoin (BTC/USD) has traded up by more than 7% this past week, with positive action seen following US CPI data for July helping bulls break to a two-month high above $24,930. BTC price price – short term bullish trend While the BTC/USD pair has pared some of the intraday gains and currently trade near $24,560, […] The post Bitcoin price prediction: analyst says short-term trend is bullish, targets $26K appeared first on Invezz.

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Polygon, In Steady Bullish Trend, Could Jack Up MATIC To $1.5

Polygon (MATIC) price has registered an intense bullish stride seen the past couple of weeks. The coin’s upcoming merge with Ethereum seems to have triggered the rebound. MATIC price is hugely bullish ramming to a high of $0.

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Explore parallel universes with OutSad NFT

For the current market, NFTs can be seen at every corner, not only in the market trend analysis or blue-chip projects discussion in the crypto market, but also about how traditional companies engage aThe post Explore parallel universes with OutSad NFT appeared first on AMBCrypto.

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Domino Effect On Stablecoins Leads To Reversal Of Growth Trend

The crypto bear market of 2022 has spared no digital asset in the space, and stablecoins have been no different. The assets which have always served as a safe haven for investors when it comes to the high volatility of the crypto market had seen a drawdown coming into the new year.

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Social Dominance Rate Of Bitcoin Marks An All-Time High in 2022

With the recent trend in the crypto market, the world-leading digital asset seems to be getting attention. From the general price fall for all crypto tokens, Bitcoin is one of the assets that has seen a drastic cut in its value.

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How MIDA’s Token Economy is Set to Rejuvenate the Art Market

It’s no secret that art museums have seen better days. As far back as 2001, attendance at U. S. museums was already in stagnation, and the trend has only continued to deteriorate in the years since.

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DigiByte (DGB) faces a steep drop as sentiment in the market slows

DigiByte (DGB) has seen a decent change in trend over the last 24 hours.…

The post DigiByte (DGB) faces a steep drop as sentiment in the market slows appeared first on CoinJournal.

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Floki Inu (FLOKI) sees a steady resurgence – Is a trend reversal coming?

Floki Inu (FLOKI) has seen quite some resurgence over the last two weeks or… The post Floki Inu (FLOKI) sees a steady resurgence – Is a trend reversal coming? appeared first on CoinJournal.

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Bitcoin NUPL Touches Lows Not Seen Since COVID Crash, Rebound Soon?

On-chain data shows the Bitcoin NUPL metric has now declined to lows not seen since the COVID-19 crash back in 2020. Bitcoin Net Unrealized Profit And Loss Plunged Down Recently As explained by an analyst in a CryptoQuant post, the NUPL past trend may suggest that current values could be favorable for a rebound in the crypto’s price.

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Bitcoin Recovers Above $30,000, Has The Bottom Been Marked?

Bitcoin has now started another recovery trend that has seen it mark its position above $30,000 once more. This is a welcome development after the market had seen various crashes that have sent investors into a panic.

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Bitcoin Funding Rates Remain Unmoved Despite Plunge To $30,000

Bitcoin funding rates had taken a plunge at the beginning of May. While this had not been a pronounced bear trend at that point, the price of BTC was already showing some signs of weakness. That weakness has now seen the digital asset plunge below $30,000 for the first time in 2022 and back up.

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Crypto Investors Dump Small Caps For Blue Chips Like Bitcoin

The current trend in the crypto market has seen investors reassessing their positions in digital assets such as bitcoin. As the market had boomed and the infamous altcoin season had blossomed, a lot of investors had flocked to smaller cap altcoins for some large gains.

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NarutoInu: Move-To-Earn SocialFi Platform

Nowadays, gamification involves the incorporation of traditional gaming features into non-gaming activities. Such features include achievements, skills, and competition to reward user manners. We have seen this trend develop as humans go more digital, coupled with the increasing popularity of video games.

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Is ENJ catching up to metaverse heavy-weights like MANA and SAND

Enjin Coin price has seen three green days with a nice run-up. This move comes after ENJ bulls breached a declining trend line that subdued it since 25 November. The recent uptick in bullish momentum The post Is ENJ catching up to metaverse heavy-weights like MANA and SAND appeared first on AMBCrypto.

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Metaverse and NFT integration: Top 3 coins to consider

The metaverse is seen as the hottest trend in crypto right now. The big…

The post Metaverse and NFT integration: Top 3 coins to consider appeared first on Coin Journal.

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Why VeChain (VET) Could Be On The Verge Of A 40% Rally

VeChain has been moving sideways during the past week, with more downside action than larger cryptocurrencies. While Bitcoin, Ethereum, and others have seen some gains, the price of VET continues to trend downwards.

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Dogecoin Spikes 10% After Elon Musk Reveals He’s Not Selling

Dogecoin has been on a recovery trend lately. This is attributed to recent comments from Elon Musk, the ‘Dogefather’, that has seen prices spike. Musk who has been a vocal supporter of the meme coin is one of the major reasons behind the popularity and success the cryptocurrency enjoyed last year.

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Bitcoin Breaks Above 50-Day SMA, Will BTC Ride It Out To $50,000?

Bitcoin has broken above $44,000 once again. After a couple of weeks of low momentum, bitcoin has been able to begin another recovery trend that has seen it add over $4,000 to its price in the last day.

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The how and when of Cardano's efforts to reverse market trend

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Cardano, as a blockchain, has seen some quick developments oveThe post The how and when of Cardano's efforts to reverse market trend appeared first on AMBCrypto.

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Will recent gains of EOS translate into a change in trend going forward

EOS has been in a downtrend since mid-September, interspersed with periods of ranging price action. In the past couple of weeks, the price has seen a strong bounce from the $1.99 lows, to reach a leveThe post Will recent gains of EOS translate into a change in trend going forward appeared first on AMBCrypto.

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JPMorgan Puts Bitcoin At $150,000 In The Long-Term, But What About Its ‘Fair Value’?

Bitcoin has been on another recovery trend since this past weekend. It has continued on this path which has seen its balance above $44K. For most, this is a low value given that the digital asset was at $69K a few months ago.

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Economist: DeFi prices to trend higher as Bitcoin creates tailwind for beta assets

The DeFi sector has been struck hard by the recent market-wide downturn seen throughout the past couple of months. The post Economist: DeFi prices to trend higher as Bitcoin creates tailwind for beta assets appeared first on CryptoSlate.

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Here’s When Analysts Expect Bitcoin to Print a $1,000 Candle

Bitcoin and the aggregated cryptocurrency market have been consolidating for two months now This trend isn’t showing any signs of letting up anytime soon either, as BTC has been posting some of the tightest consecutive candles that it has ever seen BTC’s trading volume has been declining in tandem with this, signaling that market participants have virtually all moved to the sidelines Analysts are still expecting the benchmark crypto to post a $1,000 candle once […]

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This Alarming Pattern Suggests Bitcoin Could Soon Crater Lower

As Bitcoin continues its range-bound trading phase, traders are placing their bets on which direction it will trend next This consolidation has caused the cryptocurrency’s volatility to plunge to lows not seen in over a year It is unlikely that this trend will last for too much longer, as extended bouts of sideways trading are typically followed by massive movements One technical pattern that is strikingly similar to that seen in 2019 is now suggesting […]

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The Grayscale Bitcoin Trust May Be Signaling BTC has Formed a Long-Term Bottom

Bitcoin has been consolidating between $9,000 and $10,000 for the past several days and weeks, struggling to garner any clear trend The crypto has expressed some overt weakness in recent times due to its propensity to trade near the lower boundary of this range Buyers have been ardently defending against a drop below $9,000 One trend seen while looking towards the publicly traded Grayscale Bitcoin Trust seems to indicate that the cryptocurrency could be forming […]

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Crucial Factors to Consider Before Bitcoin Closes Its Monthly Candle

June has been a rather uninteresting month for Bitcoin. The cryptocurrency largely ranged between $9,000 and $10,000, with each break above or below this range being fleeting. One interesting trend seen throughout the past four weeks has been BTC’s propensity to set lower highs, as it has been slowly grinding down to the lower end […]

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This Trend on Bitfinex Puts Ethereum in a Precarious Position Compared to Bitcoin

Ethereum and Bitcoin have been seeing mixed price action in recent times The weakness seen by these two cryptocurrencies has been mounting over the past few days BTC is struggling to hold above $9,000 as Ethereum trades below its long-established trading range One trend that could have grave impacts for ETH in the near-term is the number of tokens being moved into exchanges – and particularly into Bitfinex This comes as the crypto finds itself […]

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When This Signal Appeared in 2015, Bitcoin Rallied 2,000%. It’s Back

It’s been a quiet past few weeks for Bitcoin. After reaching $10,400 at the start of June, the cryptocurrency has seen a correction and now trades in the low-$9,000s. Although a bear trend has yet to form, many have stated that the rejection BTC faced at $10,400 was bearish.

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As Jobless Claims Soar, Bitcoin’s Mid-Term Outlook Remains Gloomy

The United States has seen rocketing unemployment, and it does not appear that this trend is slowing down even as many states and cities begin reopening This signals that the recent shutdowns have done severe damage to the economy, despite the stock market sitting around its all-time highs New data shows that although the number of new jobless claims has dipped slightly in recent times, its decline has not yet been emblematic of any sort […]

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Compound (COMP) sees massive surge in on-chain activity despite 23% price slide

The recent growth of the DeFi sector has primarily been driven by the recent launch of Compound, which has seen massive inflows of capital and new users due to the bourgeoning “yield farming” trend.

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Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?

Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […]

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Ethereum Bull Trend Looks “Tired”: Here’s Why a Retracement Is Likely

Like Bitcoin and other altcoins, Ethereum has been flirting with collapse over the past few weeks. After a strong rejection at the $250 resistance, the cryptocurrency has found itself stuck in a consolidation that has seen ETH slide to $228 as of the time of this article’s writing.

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Why the “Explosively Bullish” DeFi Trend May Not Stop Ethereum from Breaking Down

Ethereum’s utility has seen an explosive rise over the past couple of years. Throughout late-2017 and most of 2018, the blockchain’s utility was primarily rooted in the ICO mania that plagued the cryptocurrency market.

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Here are the Simple Factors Signaling Bitcoin is Primed to Plunge

Bitcoin has seen some relatively lackluster price action in the time following the turbulence seen last Monday Its ongoing bout of consolidation has made it increasingly unclear as to which direction it may trend in the days and weeks ahead.

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Ethereum is Coiling Up to Make a Big Movement; Here’s Why it May Favor Bears

Ethereum, like Bitcoin, has been caught within a long-held bout of sideways trading over the past week This consolidation has made it increasingly unclear as to which direction it will trend next It has largely come about as a result of the lackluster price action seen by Bitcoin in recent times Analysts do believe that ETH could be poised to see some notable downside if it is unable to push higher in the days and […]

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Low Cap Altcoins Are Dominating Bitcoin in 2020: Here’s Why It Won’t Continue

Even though Bitcoin has seen an explosive move higher since the $3,700 March lows, altcoins are actually largely outperforming the market leader. This trend has contradicted sentiment that BTC leads the cryptocurrency market higher in bull runs.

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Here’s Why Bitcoin’s V-Shaped Recovery from $3,800 Spells Trouble for What’s Next

Bitcoin has now entered a consolidation phase within the mid-$9,000 region following the meltdown seen yesterday This has made it increasingly unclear as to which direction the benchmark cryptocurrency will trend over a mid-term time frame One analyst is calling into question the long-term strength of BTC’s multi-month uptrend due to the “V-shaped” recovery it posted in mid-March when it dipped to lows of $3,800 He eludes to the possibility that this provided the crypto […]

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Investors are Heavily Accumulating Ethereum Despite Gloomy Outlook

Ethereum has been seeing some incredibly lackluster price action throughout the past several weeks and months, setting a series of lower lows while losing ground against Bitcoin Despite showing signs of technical weakness, data shows retail investors have been busily accumulating the cryptocurrency This trend isn’t unique to just retail investors either, as data also reveals that institutional investors have also been stocking up on ETH Ethereum has seen some lackluster price action in recent […]

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Bitcoin rebounds after humongous sell scare that compromised $9K support, where next for BTC bulls?

The last few days have been critical for Bitcoin. With sentiments high, investors have been on the trembling edge. This has seen Bitcoin face trial in the form of a panic sell. From highs of $9,800 early in the week, Bitcoin went on freefall and as of yesterday had dipped under $9K. The bearish trend […]

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ETC, Cardano continue their bull run while HBAR starts to trend downward

Ethereum Classic, Cardano, and Hedera Hashgraph have all seen significant gains post the massive March market crash. Like most of the other altcoins, ETC and Cardano recorded a price drop at the startThe post ETC, Cardano continue their bull run while HBAR starts to trend downward appeared first on AMBCrypto.

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