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” Top 5 cryptocurrencies to watch this week: BTC, LUNA, AVAX, ETC, EGLD “ Bitcoin (BTC) rose above $42,000 on March 19 but the bulls continue to face a strong challenge from the bears at higher levels. Although Bitcoin’s price has recovered from $37,578 on March 13, Cointelegraph market analyst Marcel Pechman highlighted that the…
” 3 times in March that savvy crypto traders bought breaking news for the price of a rumor “ As an old saying goes: Buy the rumor, sell the news. As a digital-native asset class, the prices of cryptocurrencies are clearly susceptible to market-moving news developments that instantly spread on the internet. Staying on top…
” Altcoin Roundup: Three layer-1 protocols see inflows amid choppy, volatile market conditions “ Layer-1 (L1) protocols are the foundation of the decentralized application ecosystem, with the Ethereum network dominating the landscape in terms of the number of protocols launched on-chain and total value locked (TVL), followed by BNB Chain and Fantom. As the sideways…
” Fact or fiction? Did ApeCoin (APE) really drop by 80% since launch? “ ApeCoin (APE), the governance token of the well-known Bored Ape Yacht Club (BAYC) NFT project was airdropped to BAYC and Mutant Ape Yacht Club (MAYC) owners at 8.30 am EST on March 17 and only eight hours after APE became tradable…
” Bitcoin spikes to $41.7K highs as Ethereum nears $3K reclaim “ Bitcoin (BTC) saw brisk upwards action during the Wall Street trading session on March 18, conforming to predictions that higher levels would see a retest. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bets placed on $46,000 Data from Cointelegraph Markets Pro and TradingView followed…
” Price analysis 3/18: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE “ Bitcoin (BTC) is facing a challenging environment in 2022 due to the surging inflation and geopolitical turmoil. Although gold has outperformed Bitcoin year-to-date, Bloomberg Intelligence senior commodity strategist Mike McGlone believes that Bitcoin could make a strong comeback. McGlone expects…
” ApeCoin announcement surges BAYC floor price to near-ATH before correction “ The Bored Ape Yacht Club (BAYC) has officially revealed their ERC-20 utility and governance token ApeCoin (APE), marking a diversification from profile-picture projects (PFPs) into “culture, gaming and commerce” within the Web3 sphere. The asset has been developed and launched by the ApeCoin…
” Avalanche price can double by summer as AVAX’s 20% weekly rally rekindles ‘bull flag’ “ A sharp upside retracement in the Avalanche (AVAX) market this week has raised its possibilities to rise by another 100% in Q2. Avalanche chart painting a ‘bull flag’ The bullish outlook primarily appears in the wake of AVAX’s multi-month…
” Ripple to give out 1 billion XRP in developer grants “ Ripple (XRP), the enterprise payment technology company, plans to give out one billion XRP in grants for developers. The newly announced grant is an extension of the company’s XRPL Grants program, which was launched in 2021. The developer grant would be focused on…
” Klaytn token down 15% in a month, but network’s TVL shows resilience “ Klaytn (KLAY) had a promising start in March 2021, reaching an impressive $11 billion market capitalization following its debut. However, investors have exaggerated their expectations as the token’s current total value stands at $3 billion, down roughly 70%. KLAY/USD on Binance….