Top 3 Price Prediction Bitcoin, Ethereum and Ripple: Bulls running out of options
The tug of war is intensifying in the cryptocurrency market, but there is no apparent winner at the moment. The drab action is probably developing into a perfect squeeze ahead of a breakout across the market. However, it is worth mentioning that some digital assets are already trading in the green, defying the bearish wave. For instance, VeChain is up 10% in the last 24 hours. As discussed earlier, REN soared more than 20% following the listing on Coinbase. Other digital assets in the top 100 performing incredibly well are Ocean Protocol, up 22% and Elrond, up 13%. Read More ...
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Yearn.finance Price Prediction: YFI hunts for a bottom as $10,000 beckons
The decentralized finance (DeFi) ecosystem has been wallowing in losses over the past several weeks. According to Santiment, a leading provider of on-chain data, the total market capitalization of the DeFi ecosystem has plummeted by 25% in the last 24 hours alone. Moreover, a 30% decline in trading volume was also incurred in the same period. Some of the tokens that are leading in the freefall include Yearn.finance (YFI), Sushi (SUSHI) and Serum (SRM). Read more ...
EOS Technical Analysis: Bears get ready to take over as EOS flashes sell signal in the 12-hour chart
EOS made the headlines this Tuesday when they appointed Goldman Sachs veteran, Martin Chavez, to lead the advisory board. The price reacted very favorably to this news and jumped up from a low of $2.48 to an intraday high of $2.97. However, EOS was not done making headlines. Along with Chavez joining the advisory board, news hit that Google Cloud would be joining the Ethereum killer’s blockchain ecosystem as a block producer. Read more ...
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Bitcoin Price Forecast: Analysts anticipate increased volatility as the US presidential election looms
Bitcoin price teased its all-time high of $73,777 last week but declined to trade below $69,000 on Monday. Analysts suggest that market volatility is expected to rise as the US presidential election approaches.
Litecoin poised for double-digit decline after breaking ascending trendline
Litecoin breaks and closes below an ascending trendline, signaling a change in market structure. On-chain metrics paint a bearish picture, as LTC’s dormant wallets are active, and the NPL indicator shows a negative spike.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP decline ahead of US elections
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) all faced resistance at crucial levels ahead of the US Elections, leading to a price decline. As of Monday, they neared key support levels, and a firm close below these marks could signal further declines.
21Shares files S-1 for XRP ETF amid ongoing tension between Ripple and SEC
21Shares filed an S-1 registration with the Securities and Exchange Commission (SEC) on Friday for an XRP exchange-traded fund (ETF). While the chance of approval is slim with the current SEC administration, the landscape could change after the upcoming elections.
Bitcoin: New all-time high at $78,900 looks feasible
Bitcoin price declines over 2% this week, but the bounce from a key technical level on the weekly chart signals chances of hitting a new all-time high in the short term. US spot Bitcoin ETFs posted $596 million in inflows until Thursday despite the increased profit-taking activity.
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