|Analysis Crypto News and Headlines|
September 26, 3:07 pm
|Bitcoin Spark vs. BNB: An In-Depth Analysis of Potential and Profitabili...|
Cryptocurrency enthusiasts and investors are constantly on the lookout for the next big thing in the digital asset space. In this ever-evolving landscape, Binance Coin (BNB) and Bitcoin Spark (BTCS) have been making headlines.
Both offer unique features and opportunities, but the question remains: which is the better?
What is BNB?
Binance Coin (BNB) is a cryptocurrency created by Binance, one of the largest cryptocurrency exchanges in the world. BNB operates on the Binance Smart Chain (BSC) and has grown to become a multifaceted asset within the Binance ecosystem. It serves functions ranging from reduced trading fees on the Binance exchange to access to services like Binance Launchpad for token sales and utilizing smart contracts and decentralized applications (DApps) on the BSC.
This multifunctionality has contributed to the significant growth in BNB's value and its prominent position in the crypto market.
However, it's worth noting that BNB's close association with Binance poses risks in light of the ongoing SEC lawsuit against the exchange.
BNB Price Outlook
After a major decline, the BNB price is slowly moving higher above the $212 level against the US Dollar. However, the cryptocurrency faces a critical resistance level at $220, which, if not surpassed, could trigger another...
September 21, 5:39 am
|Realistic Bitcoin (BTC) Price Prediction in the Current Cycle: Analysis|
Bitcoin price predictions have been given left and right by a range of different people, including technical and fundamental analysts, celebrities, executives, and whatnot.
In fact, we've compiled a list with some of the top BTC price predictions that were made this year since April. Some of those speculating on the matter include:
September 17, 3:30 am
|Debunking Crypto Myths: An Analysis of Kenyan Interior Minister's Crypto...|
Despite Kenyan Interior Minister Kithure Kindiki's recent attempt to revive the old crypto terrorism funding narrative, evidence suggests that criminal elements primarily use conventional financial systems when transferring funds. Contrary to Kindiki's claims, crypto transactions can be traced and this is evidenced by the arrests of hackers and sei...
September 15, 12:19 pm
|Crypto Price Analysis Sep-15: ETH, XRP, ADA, SOL, and BNB|
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin.
Ethereum remains under the key resistance at $1,660 and closed the week with a 1% loss. Bears have the upper hand at this time, particularly because ETH made a lower low on Monday.
Unless this cryptocurrency manages to break above the key resist...
September 08, 11:17 am
|Crypto Price Analysis Sep-08: ETH, XRP, ADA, SHIB, and TRX|
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Tron.
Ethereum's price has been in a low volatility period, booking a modest loss of 1.7% this week. With the price under the key resistance at $1,660, the bulls appear unable to take ETH higher at this time.
The current support levels are found at $1,550 ...
September 07, 7:30 am
|Is Bitcoin A Buy Or Sell? Ark Invest Shares Market Analysis|
In its new monthly report titled 'The Bitcoin Monthly: Bitcoin Battles Resistance Around Its On-Chain Mean', Ark Invest has provided an exhaustive analysis of the current market landscape. The report categorizes its findings into bullish, neutral, and bearish perspectives, providing a holistic view of Bitcoin's current and potential future stance.
September 05, 5:30 pm
|Is Bitcoin's 4-Year Cycle Pure Coincidence? Analysis|
Bitcoin’s price is well known for its four-year price cycles, which coincide with its “halving” schedule that reduces its inflation rate every four years.
But is one phenomenon truly related to the other? Some analysts believe that the asset’s cyclical movements are related to macro conditions. and that the halving schedule&...
September 01, 12:00 pm
|ETH Plunged to Pre-Grayscale Levels, At a Critical Point Now: Ethereum P...|
The crypto markets suffered hard over the past 24 hours. From a technical analysis standpoint on higher timeframes, Ethereum's price seems willing to drop further, as things still look bearish.
The Daily Chart
On the daily chart, the price was able to retest the critical $1,750 level but has failed to maintain above it, ...
August 31, 9:31 pm
|7 Spot Bitcoin ETFs Face Extended Wait as SEC Seeks Deeper Analysis|
The U.S. Securities and Exchange Commission (SEC) has deferred decisions on seven spot bitcoin exchange-traded fund (ETF) applications from Invesco Galaxy, Wisdomtree, Bitwise, Vaneck, Fidelity's Wise Origin, Blackrock, and Valkyrie. In statements released on Thursday, the SEC underlined the necessity for a more extended timeframe to thoroughly ass...
August 31, 3:28 pm
|This is the Crucial Level SHIB Must Break to Turn Bullish: Shiba Inu Pri...|
Shiba Inu's native token has been demonstrating bearish price action over the past few weeks since getting rejected at a critical resistance level. Yet, a more severe decline may still occur in the short term.
The SHIB/USDT Chart
On the USDT-paired chart, the price has been rejected from the $0.000011 resistance level, l...
August 29, 10:52 am
|XRP Struggles Amid Critical Support: Ripple Price Analysis|
Ripple's price has been mostly bearish over the past few weeks following a rejection from the critical resistance level of $0.9. XRP has also been trending in the negative territory compared to BTC (XRP / BTC).
The XRP-USDT Chart
On the USDT-pair chart, XRP has been dropping rapidly lately. The 50-day moving average, lo...
August 28, 6:39 am
|Crypto in Longest Bear Market Ever at 490 Days, But When Will it End? (A...|
On Aug. 28, MN Trading CEO and founder Michaël van de Poppe said the current bear market is relatively comparable to what we’ve witnessed in 2015.
He added that it was essentially a period of sideways action, where the faith in crypto is slowly getting lost too, “despite the fact of solid fundamental growth.”
The longest bea...
August 27, 1:30 pm
|Analysis Says 2024 Halving Could Push Bitcoin to $400K, BRICS Declares I...|
This week's hottest stories detail a potential skyrocketing of bitcoin's price to $400,000, connected with the upcoming 2024 halving event, emphasis on trade in local currencies made at the conclusion of the recent BRICS summit in South Africa, and claims of 260% faster hash detection via new BTC mining technology. This and more in the latest Bitco...
August 27, 12:21 pm
|Stablecoins Settled as Much Value as Visa in 2022: Analysis|
Stablecoin payment adoption continued to thrive last year despite massive capital outflows from the crypto market at large, according to a new report from European hedge fund manager Brevan Howard.
Analysts found that the stablecoin market settled over $11 trillion in value in 2022 and that over 25 million blockchain addresses held over $1 in stabl...
August 22, 2:00 pm
|Analysis Suggests Bitcoin's 2024 Halving Could Propel Price to $400,000|
The highly anticipated 2024 bitcoin halving could spark a meteoric price rise, potentially driving its value to a staggering $400,000, suggests an analysis by Blockware Solutions. The forecasted supply trim in 2024 might ignite an explosive demand for bitcoin. The report highlights how a dynamic duo - a dip in sell-off pressures and a burgeoning bu...
August 18, 8:49 am
|Crypto Price Analysis Aug-18: ETH, XRP, ADA, SHIB, and SOL|
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and SOL.
The market took a sharp turn and ETH crashed by 8.6% this week with most of the loss registered yesterday in the span of a few hours.
The price quickly lost $200 and buyers only came once ETH reached the key support at $1,660. Since then, bulls have m...
August 14, 1:34 pm
|BTC Bears Target $28.5K as Price Unable to Push $30K: Bitcoin Price Anal...|
Bitcoin's price movement has remained stagnant after being rejected from the critical resistance zone at $30,000. However, it is currently consolidating near a pivotal support area, which includes both the 100-day moving average and the lower boundary of a multi-month ascending channel.
Technical AnalysisBy Shayan
The Daily Chart
The daily chart an...
August 13, 2:31 pm
|Are Bitcoin 'Drivechains' The Future of Scaling? BitMEX Analysis|
With the Bitcoin (BTC) network’s programmability and scalability still relatively limited compared to other blockchains, developers continue mulling over ways to push the protocol’s capabilities to its limits.
One hotly debated idea comes from BIP 300 and BIP 301 – aka “Drivechains” – a soft fork proposal to allo...
August 10, 2:00 pm
|Are Reports Linking the 11th Largest BTC Wallet to Tether a Myth? Crypto...|
In the wake of recent claims that Tether, the company behind leading stablecoin USDT, holds the 11th largest bitcoin (BTC) wallet, Cryptoquant, a blockchain intelligence firm, has expressed skepticism. Citing inconsistencies in onchain data, Cryptoquant has questioned the authenticity of the identified wallet's connection to Tether. This challenge ...
August 09, 8:00 am
|TRON and USDD Resilience Unveiled: Insights from Messari, Reflexivity, a...|
[Press Release - Geneva, Switzerland, August 8th, 2023, Chainwire]
In-depth reports on the performance of TRON and USDD in 2023, published by renowned blockchain analytics firms Messari and Reflexivity have recently been published.
Messari's Analysis: TRON's Q2 2023 Performance
Messari's report highlights TRON's substantial growth across various pe...
August 07, 12:34 pm
|Huge Move Incoming For Bitcoin? Price Consolidating Near Pivotal Level: ...|
Bitcoin's price has been relatively inactive for the past few weeks, struggling to surpass the $30K resistance level. The current phase appears to be corrective, marked by minor rejections, with significant support found at the 100-day MA.
Technical AnalysisBy Shayan
The Daily Chart
The daily chart shows a corrective movement since the rejection at...
August 04, 12:07 pm
|Crypto Price Analysis Aug-4: ETH, XRP, ADA, SHIB, and DOGE|
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin.
With the market turning red, Ethereum's price has fallen to the key support at $1,820, losing 1.7% this week. It is critical for buyers to hold here, as the alternative is grim and may see ETH approach $1,600 next.
The current resistance is found ...
August 03, 9:00 am
|Web3×LLM On-Chain Contract Analysis Tool 'DeCipher' Sparks Excitem...|
[Press Release - Singapore, Singapore, August 3rd, 2023,]
Bunzz, a Singapore-based web3×LLM tech web3-startup, is thrilled to announce the successful release of 'DeCipher', a revolutionary AI-powered tool designed to transform the process of generating Smart Contract documentation. Users can create documents from nearly all Smart Contracts ex...
July 21, 2:23 pm
|Crypto Price Analysis July-21: ETH, XRP, ADA, SOL, and MATIC|
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polygon.
Ethereum has shown indecision in the past week. This allowed sellers to take over the price action, which ended the week with a 5% loss. Despite this correction, the cryptocurrency remains above the key support at $1,820.
The current resistance is fou...
July 20, 6:31 pm
|Bullish Ripple Ruling May Have Triggered Altcoin Season: CryptoQuant Ana...|
The landmark victory for Ripple in its lawsuit against the U.S. Securities and Exchange Commission (SEC) may have ignited a bull market for neighboring altcoins, according to a recent report from CryptoQuant.
The crypto market intelligence firm provided a series of stats reflecting growth in altcoin market activity over the past week, versus relati...
July 18, 2:19 pm
|ETH Unable to Breach $2,000 as Bulls Running Out of Steam: Ethereum Pric...|
Ethereum's price rally has slowed down in recent weeks. The price has yet to break above the $2,000 level, which is making many market participants worried.
Ethereum Price Technical AnalysisBy: Edris
The Daily Chart:
On the daily timeframe, the price has been forming higher highs and higher lows since rebounding from the 200-day moving average earl...
July 14, 1:06 pm
|Crypto Price Analysis July-14: ETH, XRP, ADA, BNB, and SOL|
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana.
The market turned bullish yesterday, and Ethereum broke above $2,000. This allowed it to book a respectable 7% price increase this week. The momentum is bullish, and continuation seems likely.
The current resistance is found at $2,120 and repres...
July 06, 6:23 pm
|Shiba Inu (SHIB) Memecoin Sees Renewed Market Demand: Analysis|
The memecoin resurgence appears to have faded, but that has not stopped the Shiba Inu token (SHIB) from stealing some of the limelight. On July 5th, SHIB was one of the tokens accounting for the highest transaction fees, which was indicative of a surge in activity around it.
Recent data suggest that the SHIB network has recorded significant growth....
July 01, 5:27 pm
|BTC Flirts With $30K But Warning Signs Start Popping: Bitcoin Price Anal...|
After a successful breakout above the critical $30K resistance level, Bitcoin's price is currently maintaining its position above this level. However, there are concerning indications emerging that suggest a potential retracement or change in direction in the near future.
Technical AnalysisBy: Edris
The Daily Chart:
After a strong bullish breakout ...
June 30, 5:32 pm
|How Much Money Does it Take to 'Moon' Bitcoin? Analysis|
The resurgence of institutional interest in Bitcoin this month has investors and analysts pondering just how high its price could go within the next two years – especially with the ‘halving’ just around the corner.
Here’s what analysts have to say regarding Bitcoin’s price cycles and what kind of money it would take to...
June 29, 9:27 am
|Crypto Price Analysis Jun-29: ETH, XRP, ADA, BNB, and DOGE|
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Dogecoin.
After a significant rally from $1,660, Ethereum failed to move above $1,930 while the overall market turned bearish. Since then, ETH entered a correction and has lost 3.3% of its valuation this past week.
Fortunately for buyers, the support at...
June 28, 4:55 pm
|Will Bitcoin Surge to $35K in July? Matrixport Analysis|
Bitcoin surging past the $31,000 psychological level was crucial in many ways. For one, the world's premier cryptocurrency hit a one-year high amidst the incessant bear market.
But the gains may not stop here. Historically, July has been a month for strong rallies, according to the digital asset platform Matrixport.
In its latest analysis, Bitcoin...
June 23, 11:56 am
|Crypto Price Analysis Jun-23: ETH, XRP, ADA, DOGE, and SHIB|
This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Shiba Inu.
Bulls took over the price action this week, and Ethereum booked an impressive 12.6% increase in price. The momentum shifted bullish in a matter of days, and now the expectation is for the price to continue up.
Ethereum found good support at $1,660...
June 21, 6:19 pm
|Millions of XRP Stolen in Atomic Wallet Hack Leaking to Exchanges (Analy...|
Hackers who targeted Atomic Wallet earlier this month are laundering large sums of stolen XRP through centralized exchanges, on-chain data shows.
According to xrpforensics on Twitter, the hackers began “heavily laundering funds,” on Monday, spawning new blockchain addresses to avoid blocklists established by crypto exchanges.
June 20, 12:46 pm
|Tokenaut Launches AI-Powered Project Analysis Platform With Airdrop|
[Press Release - Singapore, Singapore, June 20th, 2023]
Tokenaut, a platform specializing in identifying the next moonshot memecoins and NFT projects, has announced its official launch. The platform’s debut will be accompanied by a giveaway and airdrop to jumpstart the journey.
Tokenaut provides users with insights into emerging memecoins and...
June 19, 6:30 pm
|Etherscan Unveils Code Reader: An AI-Powered Tool That Aims to Bolster S...|
After the Ethereum block explorer Etherscan introduced an advanced filter for blockchain exploration, the team announced a new tool called Code Reader, powered by artificial intelligence (AI). Essentially, the service leverages AI to enable users to retrieve and interpret the source code of a specific contract address.Etherscan Introduces an AI-Pow...
June 15, 3:56 pm
|Analysis of This Week's Worst Performers: LDO, ADA, APT, SOL, and MATIC|
This week, we take a closer look at the worst performing altcoins with a market cap of over $1 billion: Lido, Cardano, Aptos, Solana, and Polygon.
Lido (LDO) | -24.8%
LDO is the worst performer on our list this week after falling by almost 25%. Buyers failed to sustain the uptrend and with the support at $2 lost, the price was quick to crash.
June 09, 1:42 pm
|Crypto Price Analysis Jun-9: XRP, ADA, BNB, SOL, and MATIC|
This week, we take a closer look at Ripple, Cardano, Binance Coin, Solana, and Polygon.
Ripple continues to surprise the market with its strength, considering that in the past week, most altcoins ended up in red. More so, XRP has managed to close in green with a 2.6% increase in price, making it the best performer on our list today.
June 02, 10:12 am
|Crypto Price Analysis Jun-2: ETH, XRP, ADA, BNB, and LTC|
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Litecoin.
Ethereum's volatility spiked this week, and it managed to book a 4% price increase. This puts ETH into an uptrend and confirms the $1,820 level as support.
To remain in the green, ETH will need to break above two key levels, $2,000 and $2,100,...
June 01, 7:35 pm
|ETH Remains Uncertain But $2K Seems a Likely Target: Ethereum Price Anal...|
Ethereum has been consolidating within a narrow price range, tightly bound by the upper limit of the descending flag pattern and the 100-day moving average. However, a breakout is imminent and will determine the subsequent direction of the cryptocurrency.
Technical AnalysisBy Shayan
The Daily Chart
Examining the daily chart, Ethereum demonstrated a...
May 26, 1:22 pm
|Crypto Price Analysis May-26: ETH, XRP, ADA, TRX, and LTC|
This week, we take a closer look at Ethereum, Ripple, Cardano, Tron, and Litecoin.
Ethereum's volatility increased this past week but failed to break above the key resistance at $1,820. For this reason, the price is at a similar point to last week.
This consolidation under the key resistance is unlikely to last, and bulls appear eage...
May 19, 12:07 pm
|Crypto Price Analysis May-19: ETH, XRP, ADA, OP, and PEPE|
This week, we take a closer look at Ethereum, Ripple, Cardano, Optimism, and Pepe.
The market leaders turned flat this past week, and ETH booked a modest 2.6% price increase. The volatility has remained low, and the price continues to sit below the key resistance at $1,820.
The PA and momentum indicators show indecision from market p...
May 12, 12:06 pm
|Crypto Price Analysis May-12: ETH, XRP, ADA, PEPE, and DOGE|
This week, we take a closer look at Ethereum, Ripple, Cardano, Pepe, and Dogecoin.
With the market in the red, Ethereum has fallen by 7.4% this week. In the process, the key level at $1,800 has turned into a resistance. This highlights a major change in the structure and puts bears in control of the price action.
The momentum has tur...
May 12, 11:36 am
|Brief Analysis of Messari's Q1 2023 State of TRON and USDD Reports|
[PRESS RELEASE - Geneva, Switzerland, May 12th, 2023]
Messari, a leader in crypto market research and intelligence, recently released reports on both the USDD stablecoin as well as the TRON blockchain ecosystem. “The TRON DAO team appreciates Messari’s work overall, and like normal, its objective research in these latest TRON-related re...
May 05, 2:11 pm
|Crypto Price Analysis May-5: ETH, XRP, ADA, PEPE, TRX|
This week, we take a closer look at Ethereum, Ripple, Cardano, Pepe, and Tron.
This week, Ethereum has retested the support at $1,800. Buyers showed strength and did not allow the price to fall lower, which is why ETH is found at a similar level to last week due to low volatility.
The current target for this cryptocurrency is $2,000...
April 28, 11:58 am
|Crypto Price Analysis Apr-28: ETH, XRP, ADA, DOGE, SOL|
This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Solana.
Ethereum is determined to not give up and has found good support at $1,800. Despite this show of force from buyers, ETH still lost 1.8% of its valuation this past week.
The current target and key resistance are at $2,000, which is a psychological le...
April 14, 11:02 am
|Crypto Price Analysis Apr-14: ETH, XRP, ADA, DOGE, ARB|
This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Arbitrum.
With the Shapella upgrade a success, Ethereum rallied and booked an impressive 12.5% price increase this past week. In the process, it also broke the $2,000 resistance, now acting as support.
Bulls were so eager that this cryptocurrency increased ...
April 07, 11:23 am
|Crypto Price Analysis Apr-7: ETH, XRP, ADA, BNB, SOL|
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana.
Ethereum continued to move up this week and managed to book a 3.5% price increase. In the process, ETH broke the key resistance at $1,800, which is now acting as support.
The next resistance is found at $2,000, and it represents a major psycholo...
March 31, 10:45 am
|Crypto Price Analysis Mar-31: ETH, XRP, ADA, SOL, LTC|
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Litecoin.
Ethereum decided to range this week and booked a slight loss of 1.4%. This flat trend could not muster the energy to hold the price above $1,800, which is the current key resistance.
The support is at $1,700, and bulls have done a good job defending ...
March 26, 5:34 pm
|Bitcoin Rejected at Critical Resistance, This is the Level to Watch Now:...|
After reaching the critical price area of $29-30K, Bitcoin’s bullish rally got rejected, and the price went back into the $27-28K consolidation range.
Over the next short-term, the $30K mark will likely serve as the most major resistance. This range was the bottom recorded in mid-2021 before the rally to the current Bitcoin's ATH at $69K reco...