Latest Stories
With Cardano [ADA] breaching $0.4565, bears could eye this level next
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Cardano’s [ADA] recent drop from the $0.63-level shaped into a down-channel retracement in the daily timeframe. The 50 EMA (cyan) joined hands with the horizontal resistance to propel this downfall. The broader trajectory would […]
Meta Starts Rollout of Ethereum- and Polygon- Based NFT Support on Facebook
Meta, the company behind social media platform Facebook, has started the rollout of NFT support for select users in the U.S.
Okay Bears, Magic Eden and tale of Solana NFT’s ‘vibrant trading scene’
The NFT marketplace has taken some huge hits in Q2 of 2022. The bear phase was confirmed in May around the time of the Terra collapse when the crypto market began to fall. But recently there has been an uptick across major collections. However, not all collections are flying through this recovery period. Enter Okay […]
Litecoin falls beneath a bullish order block, could $40 be next target
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Just a week ago, Litecoin [LTC] rallied to the $61 level but faced rejection there. This was a bearish development, especially for long-term investors. The market structure continued to remain bearish, and […]
AAVE traders have this in store for coming days after bearish pennant’s…
Finding renewed selling pressure at the 38.2% Fibonacci resistance, AAVE continued its southbound journey on the daily chart. The EMA ribbons have kept a robust check on the buying rallies while keeping the broader trend under bearish control. The current bearish pennant breakdown could find rebounding opportunities from the immediate support. The buyers could strive […]
Axie Infinity: Risk would be to buy range lows with a stop-loss at…
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. For Bitcoin [BTC], the entire region from $20.8k to $21.8k presented stiff resistance. In the past two weeks, the price saw a minor bounce from this area to test $23k as resistance, before promptly […]
Bill Murray Tackling a Lifetime of Stories With New Ethereum-Powered NFT Project
Legendary actor and comedian Bill Murray is launching a new Ethereum-based NFT project this month that will feature heavily on stories from his life and about his life.
Bitcoin: Working out realistic chances of BTC holding its immediate support
With the bears capping the buying rallies at the $21.6K-mark for over two weeks now, Bitcoin [BTC] steeply slumped in the last five days. The near-term trajectory revealed a bearish edge. Thus, the king coin has been slogging to close above the basis line (green) of its Bollinger Bands(BB). Given the current setup approaching the […]
Crypto hedge fund Three Arrows files for U.S. bankruptcy
Crypto hedge fund Three Arrows Capital has filed for bankruptcy under Chapter 15 of the U.S. Bankruptcy Code, according to a court filing in the Southern...
3AC refuses to go down amid institutional crisis? Here’s latest update
The Three Arrows Capital [3AC] crisis sees no end even after the news of insolvency was confirmed. The Singapore-based crypto hedge fund has filed for Chapter 15 Bankruptcy Protection as per the Financial Times. However, the leak has spread to other crypto institutions and the crypto market continues to bleed in these circumstances. Here we […]
