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“# Is Axie Infinity overheating? AXS price hits record high following 100% QTD rally ” AXS, the native token of Axie Infinity, a play-to-earn nonfungible token (NFT) game built atop the Ethereum blockchain, rallied more than 100% on a quarter-to-date (QTD) timeframe to refresh a new record high above $155. Nonetheless, the cryptocurrency now risks…
“# BTC bull run has ‘at least 6 months to go’ — 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts a new week fresh from its first attempt to crack $50,000 in over a month — what’s in store next? After an encouraging weekend, BTC/USD faces an increasingly bullish macro climate…
“# Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, XTZ, AXS ” The sentiment in the crypto markets can change quickly as seen from the Crypto Fear and Greed Index, which has risen from levels of extreme fear on Sept. 30 to neutral today. The sentiment may improve further if Bitcoin (BTC) breaks…
“# Bitcoin price surge to $49K prompts several altcoins to hit new all-time highs ” On Sunday bulls made their intentions clear by briefly pushing Bitcoin (BTC) price above the $49,000 level, a move that prompted many traders on crypto Twitter to call for the top-ranked digital asset to knock down the psychological resistance at…
“# Ethereum fractal from 2017 that resulted in 7,000% gains for ETH appears again in 2021 ” Bids for Ethereum’s native token Ether (ETH) could rise to $13,000 in the next two months if history repeats. So shows a fractal indicator from 2017, consisting of at least four technical patterns that were instrumental in pushing…
“# Futures-based Bitcoin ETF has ‘75% chance of approval’ in October — analyst ” A Bitcoin (BTC) exchange-traded fund (ETF) has a 75% chance of being approved this month — in some form. In comments this weekend, Eric Balchunas, senior ETF analyst for Bloomberg, said that United States Bitcoin futures ETFs were “likely on schedule”…
“# Risk-averse Ethereum traders use this options strategy to increase exposure to ETH ” On Oct. 1, the cryptocurrency market experienced a 9.5% pump that drove Bitcoin (BTC) and Ether (ETH) to their highest levels in 12 days. A variety of reasons have been attributed to the price move, including the U.S. consumer price index,…
“# Bitcoin investors ‘no longer fearful’ — watch this BTC price level next ” Bitcoin (BTC) stayed higher on Oct. 2 after a “fantastic” break to the upside upended market sentiment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes $45,000 BTC price floor Data from Cointelegraph Markets Pro and TradingView followed eerie calm on BTC/USD…
“# Massive airdrop and AXS staking catapult Axie Infinity to a new all-time high ” Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced from popular protocols like Uniswap and dYdX which rewarded their early adopters with token drops that…
“# OMG eyes a new all-time high after unveiling its ‘Boba Network’ layer-2 solution ” In September the frenzy that propelled the nonfungible token (NFT) sector quieted down but a burst of fresh energy emerged as the layer-two sector heated after the successful launch of Ethereum (ETH) scaling solutions like Arbitrum and Optimism. Another project…