Share: Bitcoin price has crashed from nearly $30,000 to $25,000 in under 48 hours, causing massive liquidations. A close look at miner statistics reveals that another leg of this crash might be brewing if things do not improve. A continued … [Continue reading]
Investors bet on Stellar’s XLM as SEC comes with a vengeance on Ripple’s XRP token
Share: XLM price has taken the lead in recovering losses after the recent market-wide sell-off on August 17. Investors seem to be more interested in Stellar’s XLM token after SEC filed a motion that could contest the initial verdict of the SEC vs. … [Continue reading]
Can Shytoshi Kusama’s plan to revive Shibarium undo Shiba Inu price losses?
Share: Shiba Inu’s much-awaited Layer 2 solution Shibarium hit a brick wall after its launch on August 16. The lead developer of Shiba Inu added in a recent blog post his ideas on reviving Shibarium. SHIB price continues to reel from losses after … [Continue reading]
Bitcoin volatility at all-time lows despite 15% crash, is a recovery rally on the cards or more downside?
Share: Bitcoin price slid 15% between August 16 and 17, breaking its 55-day consolidation. This sudden downswing caused billions in liquidations, but volatility continues to tread near all-time lows. Investors wonder if BTC will experience … [Continue reading]
Shiba Inu price struggles to push north, with only 13.77% of total SHIB addresses currently in profit
Share: Shiba Inu price is in recovery mode, pushing north after a 36% slump from the August 12 peak of $0.00001136. At the current price, only 175,770 addresses are in profit, making up 13.77% of the community. Regarding volume, only 4.31% of … [Continue reading]
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bad timing for BTC slump as market weekend tranquil sets in
Share: Bitcoin price wants back above the crucial support above $26,300, but waning momentum characteristic of the weekend won't let it. Ethereum price can do nothing but follow BTC cues, with the $1,714 presenting as a hard nut to crack … [Continue reading]
Network bridges questioned following 4,323 Ethereum loot in Optimism network’s DeFi lender, Exactly, attack
Share: Hackers have hit Exactly, the DeFi lender for the Optimism network, making away with more than 4,000 ETH. Venus Protocol has been compelled to liquidate up to $62.5 million in a wallet linked to the BNB Chain bridge hack last year. Up to … [Continue reading]
AUD/USD faces headwinds amid China’s economic woes, mixed Fed signals
Share: China’s economic indicators signal distress, with weak retail sales, plunging imports/exports, and Evergrande’s bankruptcy filing. US Federal Reserve minutes highlight commitment to 2% inflation target but voices caution against … [Continue reading]
EUR/USD: Risk of moving back to 1.06 on a 6-month view – Rabobank
Share: The EUR/USD is about to its lowest weekly close since June, below 1.0900. Analysts at Rabobank see risks of the pair moving toward 1.06 on a six-month view. Key quotes: While the USD has recently found support from the ‘higher … [Continue reading]
Gas: Risks skewed to upside – ANZ
Share: Gas market is shifting to a more balance position. However, economists at ANZ Bank note supply risks that could lead to further upside in prices. Striking fear into Gas markets Supply-side issues are once again back in focus in the global … [Continue reading]