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“# 3 reasons why Ethereum can hit $3K in the short term despite overvaluation risks ” Ethereum’s native asset Ether (ETH) dropped after reclaiming its two-month high in the previous session, suggesting that its recent bullish rally was nearing exhaustion. In detail, the ETH/USD pair topped out at $2,699 on Sunday for the first time…
“# Powered by the people: 3 altcoins whose tweet volume spiked before a strong rally ” On Crypto Twitter, a surge of attention directed at a coin often comes in response to dramatic price action. Quite naturally, rallying assets attract the attention of traders and take over Twitter conversations, which can also create positive feedback…
“# Axie Infinity refreshes record high as AXS ascends 131% in just three days ” The price of Axie Infinity’s native token AXS more than doubled in just three days of trading amid speculation that it is going to revolutionalize the blockchain-enabled gaming industry forever. The AXS/USD exchange rate reached a record value of $32.69…
“# No hard fork love for Ethereum as ETH price falls to a three-week low ” Ether (ETH) prices slid in tandem on July 20, in tandem with Bitcoin’s (BTC) drop below $30,000. The ETH/USD exchange rate dropped 5.41% to an intraday low of $1,720 — or roughly $400 above its 2018 all-time high price,…
“# SNX hits multi-week highs as total value locked on Synthetix approaches $1 billion ” SNX spiked to its three-week high on Monday in reaction to a market-wide upside correction led by Bitcoin (BTC) and other top-cap digital assets. The Synthetix project’s native token reached $9.59 after rising four days in a row by up…
“# Internet Computer (ICP) logs revenge recovery after crashing 95% since launch ” Internet Computer (ICP) rose to spotlight among day-traders after rising 41.69% on Sunday. The ICP/USD exchange rate closed the session at $42.98 after correcting lower from its intraday high of $45.01. At its quarter-to-date low, the pair was trading at $28.31. Meanwhile,…
“# Ethereum looks to retake $2K days before London hard fork — Big breakout ahead? ” Ether (ETH) prices reclaimed $2,000 on Monday, increasing expectations that the latest rebound would served as a cue for further upside moves based on bullish fundamental and technical outlooks. The world’s second-largest cryptocurrency (by market cap) surged up to…
“# Ethereum, altcoins risk more downside than Bitcoin if BTC losses $30K, warns analyst ” Altcoin traders and investors should look for cover if Bitcoin (BTC) undergoes major price declines. So believes Filbfilb, an independent market analyst and co-founder of Decentrader trading suite. In a tweet published late Friday, the pseudonymous entity said a 30%…
“# A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report ” Bitcoin (BTC) plunged 7.38% to hit its five-month low of $29,313 on Tuesday as the market stared at the prospect of another sell-off, this time led by miners affected by a recent crackdown against cryptocurrency entities in China. Bitcoin drops below…
“# Polkadot price soars 37% after Coinbase Pro DOT listing, first parachain auction ” Polkadot (DOT) witnessed massive upside moves in the previous daily sessions as traders assessed the cryptocurrency’s entry into the United States-based digital assets trading platform, Coinbase Pro, and the upcoming auctioning of parachain slots atop Polkadot network’s testbed version, Kusama, this…