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” Terra LUNA hits new all-time high after 100% rebound from 2022 lows — Correction ahead? “ Terra (LUNA) rose to its best level to date on March 29 as the Luna Foundation Guard’s (LFG) plans to increase its Bitcoin (BTC) reserves eased anxiety about the impact of an increasingly hawkish Federal Reserve and the…
” Bitcoin to $58K next? A 2019-like ‘reversal ascending triangle’ hints at more upside for BTC “ A sharp reversal in the price of Bitcoin (BTC) out of an otherwise bearish technical setup has raised its chances of reaching $58,000 in Q2. Bitcoin price bottoming out? On the daily timeframe, Bitcoin broke out of its…
” Here is how studying tokens’ price history helps patient traders enjoy consistent average gains. “ Whether you consider cryptocurrency trading as art, science or a game of skill, one thing is beyond dispute: Those who excel at it are not the traders who maintain the longest series of lucky one-offs but those who establish…
” ProShares ETF’s Bitcoin stash hits $1.27B as BTC eyes $50K by mid-April “ Strong inflows into the ProShares Bitcoin Strategy exchange-traded fund (ETF) (BITO) in the past two weeks pushed its Bitcoin (BTC) exposure to a new record high. No Bitcoin outflows despite ‘rollover’ risks The fund, which uses futures contracts to gain exposure to…
” Cardano pares most of its Q1 losses as ADA rebounds 60% in a month — What’s next? “ Cardano (ADA) inched higher on March 25, putting itself on course recoup a great portion of losses that it had incurred in the first two months of this year. Cardano: not so bullish yet? ADA’s price…
” ETH price hits $3K as major crypto fund adds over $110M Ethereum to Lido’s staking pool “ Ethereum’s native token Ether (ETH) rose above $3,000 on March 22 as fresh data suggests Three Arrows Capital staked at least $110 million worth of ETH into Lido’s liquidity pools. The Singapore-based hedge fund manager provided liquidity worth…
” NeoNexus founder pulls the plug on popular Metaverse NFT project “ The founder of NeoNexus, a Solana-based NFT project, has stated the team is no longer developing the project, blaming the drop in Solana (SOL) prices for the decision. The project’s founder, Jack Shi, took to the official Twitter account for NeoNexus, tweeting at…
” Terra price signal that preceded an 80% LUNA rally is back “ A technical setup that preceded a circa 80% price rally in the Terra (LUNA) market in August 2021 has appeared again. LUNA paints bullish MACD crossover The technical setup involves a so-called “signal line crossover” between LUNA’s weekly MACD line — equal…
” 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…
” Ethereum balance on crypto exchanges falls to lowest levels since 2018 “ The amount of Ethereum’s native token Ether (ETH) kept with crypto exchanges has fallen to its lowest levels since September 2018, signaling traders’ intention to hold the tokens in hopes of a price rally in 2022. Notably, nearly 550,000 ETH tokens —…