Growing trading volumes on Bakkt is no good for Bitcoin; BTC poised to retest $10,500
At the time of writing, BTC/USD is changing hands at $10,758, mostly unchanged since the start of the day. The pioneer digital asset broke free from the recent consolidation range on Tuesday, September 15, but the further recovery is still limited by the psychological $11,000-$11,200. This area served as strong support for the most of August. Now BTC may retest it as a resistance. Read more ...
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Ethereum Price Prediction: ETH grand rally to $1,000 imminent as ETH 2.0 launch beckons
Ethereum is a renowned platform for decentralized smart contracts. Since its launch, the smart contracts network has given life to a myriad of cryptocurrency projects. However, with success comes responsibility and challenges. For Ethereum, the burden comes with supporting programs currently executing on its blockchain, ensuring security and reliability, among other vital things. Similarly, Ethereum has faced several challenges relating to network congestion, scalability, transaction processing time, capacity, and the latest gas fees increase. Read more ...
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Chainlink Price Prediction: LINK market dominance takes a hit but is there a hell marry?
Chainlink has, in less than two days, lost ground to three cryptocurrencies (Polkadot, Bitcoin Cash, and Binance Coin) as far as market capitalization is concerned. Prior, LINK rallied in tandem with the decentralized finance (DeFi) craze to the extent of attaining the top five status after displacing Bitcoin Cash. The surging market cap happened as the prices soared to new all-time highs at $20. Read more ...
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Pump.fun outperformed the Ethereum blockchain on Tuesday after raking in $1.99 million. Following this achievement, a meme coin based on actress Sydney Sweeney was the subject of controversy after its developers dumped their bags on investors.
PEPE's on-chain metrics indicate potential rally after weeks of silence
PEPE has struggled to see any significant price move after reaching an all-time high in May. Increased adoption rate and low MVRV ratio indicate a bullish run may be on the horizon. A single PEPE outflow from Binance worth $14.7 million gives credence to signs of bullish expectation.
Ethereum has failed to overcome key resistance despite bullish sentiment surrounding ETH ETF
Ethereum (ETH) is down more than 1.4% on Tuesday following another ETH sale from the Ethereum Foundation. Meanwhile, crypto exchange Gemini's recent report reveals that ETH ETF could see about $5 billion in net inflows within six months of launch.
Crypto community blasts Polkadot following report of treasury spending
Polkadot reports $87 million of treasury spending during H1. Crypto community members expressed harsh feelings toward the DOT team's high spending. DOT is up more than 2% in the past 24 hours but risks correction following the report.
Bitcoin: BTC price correction could end in July, according to seasonal data
Bitcoin (BTC) price appears poised for a decline this week, influenced by slight outflows in US spot ETFs, selling activity among BTC miners, and a combined transfer of 4,690.28 BTC to centralized exchanges by the US and German governments.