As a crypto investor, I’m observing that Cardano (ADA) is dipping below the $0.500 resistance area. If ADA fails to surpass this threshold, it might trigger bearish sentiment and cause further downward movement, as long as it remains beneath the 100 Simple Moving Average (SMA) on the H4 chart. ADA price is slowly moving lower … Read more
Ethereum surged past $3,300 but faced strong resistance at $3,350. The price took a sharp downturn and is now trading below $3,220 and the 100-hourly SMA. A bullish trend line was broken at $3,250 on the hourly chart of ETH/USD. The bears could take control if Ethereum trades below $3,165, which is also the 61.8% … Read more
Bitcoin’s Struggle Above $65,000 As a crypto investor, I’ve noticed that Bitcoin‘s price has been having a tough time breaking through the resistance at $65,000. Unfortunately, it seems that BTC is once again on a downtrend and there’s a real possibility that we could see further declines, potentially dropping below the $62,000 mark. Bitcoin started … Read more
Render (RNDR), the cloud-based rendering network, is generating buzz in the crypto community with technical signals and expert analysis suggesting a potential price increase in the near future. Here’s why: In simple terms, there’s growing buzz in the cryptocurrency world about Render (RNDR), the cloud-Rendering platform, due to its promising technical signs and forecasts from … Read more
Defendants in ACE Exchange Case Face Long Prison Sentences Authorities in Taiwan have put forth substantial prison terms for the founder of ACE Exchange, David Pan, and previous executives as prime suspects in an alleged scheme involving fraud and money laundering. This step follows the initiation of new accusations against Pan and other individuals by … Read more
Recently, Optimism (OP) has seen renewed interest from crypto investors due to its intriguing price performance. Interestingly, this market surge came after Offchain Labs disclosed security vulnerabilities in the Optimism Stack fault-proof system. On April 26, Offchain Labs revealed two major flaws that could enable hackers to bypass the network’s existing security measures and initiate … Read more
The Bitcoin network has seen a spike in trading activity following the halving, as evidenced by on-chain data. However, this surge isn’t solely due to the halving event. Instead, it’s the new token standard called Runes that’s driving up transaction numbers. As a researcher studying the Bitcoin network, I’ve observed an uptick in trading activity … Read more
As a crypto investor, I’ve noticed an unexpected rally in Litecoin (LTC) this week, defying the overall sluggishness of Proof-of-Work coins. Reaching a two-week high of $86 on April 26, Litecoin bulls have managed to push ahead despite other cryptocurrencies struggling for momentum. This surge added $190 million to Litecoin’s market capitalization, demonstrating renewed investor … Read more
The Bitcoin network has seen a decrease in high-value transactions over the last few weeks, reflected in its stagnant price. According to crypto analyst Ali Martinez, Bitcoin whale activity has also been declining since late March, around the time BTC hit an all-time high of $73,737. Whales, entities holding large amounts of Bitcoin, can significantly … Read more
The bullish predictions for XRP are back, despite the struggle of bulls to push the crypto towards a significant price surge. EGRAG, a well-known cryptocurrency expert, has made one of these optimistic forecasts. According to his analysis, XRP could see a massive price spike, potentially reaching $4 over the long term. Expert analysis indicates a … Read more