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“# Top 5 cryptocurrencies to watch this week: BTC, DOT, UNI, LINK, XMR ” Bitcoin (BTC) has continued to trade near the $55,000 level. The sharp rally in Bitcoin has pushed its market dominance from 40.70% on Sep. 12 to about 45% today. This shows that the strong recovery in cryptocurrencies has largely been led…
“# XRP price eyes $1.50 next after bouncing 30% in just 10 days ” XRP has a good chance of hitting $1.50 in the fourth quarter of 2021 after painting a bullish crossover between its 20-day and 50-day exponential moving averages (EMA). The so-called Golden Cross has appeared multiple times on XRP charts in history….
“# Bitmain stops shipment of Antminer crypto mining rigs into China ” Bitmain, a Chinese manufacturer of cryptocurrency mining equipment, has been forced to stop its business in China from Oct. 11 following the crypto ban imposed by local authorities. In addition to China’s blanket ban on crypto operations, the company has attributed the move…
“# Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days ” The run-up in the price of Shiba Inu (SHIB) so far in October pushed the SHIB token to become the 20th largest digital asset by market capitalization. Shiba Inu’s circulating market valuation jumped to $11.08 billion earlier this…
“# Price analysis 10/8: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI ” Bitcoin’s (BTC) rally above $50,000 seems to have received a boost from institutional buyers who are looking to hedge their portfolio against increasing inflation, said JPMorgan in a note to its clients on Oct. 7. The bank’s analysts speculated that…
“# ‘Much ow’ ahead? Dogecoin chart fractal puts Shiba Inu’s 390% QTD rally in danger ” Shiba Inu (SHIB) has emerged as one of the best investments heading into the fourth and final quarter of 2021, with its price rising by over 390% in the first week of October. Nonetheless, the spin-off meme cryptocurrency now…
“# Compound crisis averted? Securing exposed COMP could be just the start ” As the decentralized finance (DeFi) market continues to pique the interest of investors across the globe, a few incidents have shone a major spotlight on the vulnerabilities various platforms operating within this space are continually exposed to. For example, it has recently…
“# Indian TikTok challenger raises $19M to launch social token on Solana ” Indian short-video sharing platform Chingari is preparing to launch its own blockchain network and social token. Chingari has completed a $19-million funding round to launch its mainnet and conduct a token sale for its Solana-based GARI token in November, the firm announced…
“# Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout? ” Meme coins were some of the earliest breakout stars at the start of this year’s bull run and big-name influencers like Elon Musk and Mark Cuban helped to stoke a surge in the price of Dogecoin (DOGE). The success of DOGE eventually spawned…
“# Bitcoin hints at $1T market cap retest after price hitting 4-month highs ” Bitcoin (BTC) took a trip below $54,000 during Oct. 7 as traders waited to see how far a retracement of Wednesday’s $5,000 gains could go. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC flirts with $1 trillion asset support Data from…