Dogecoin price stumbles after public release of MyDoge wallet for iOS users
Dogecoin price tumbled in the recent crypto market bloodbath, posting 4% losses over the past day. Analysts have a bearish outlook on the meme coin, predicting a further price drop.
Bitcoin price nears six month bottom against massive exchange outflow
Bitcoin price witnessed a massive drop after posting gains over the past week. Traders continued to scoop up Bitcoin across exchanges as the asset's price hovered close to a six-month bottom, but although this led to a supply shortage it failed to drive BTC’s price higher.
Polygon’s MATIC price in negative spiral affected by escalation of war in Ukraine
Polygon (MATIC) price action is further slipping over the weekend after comments from Putin where he commits to see the war with Ukraine through until the end. With that, price pressure is mounting as inflation peaks even more, and energy prices are seeing more panic-buying across the board. In this environment, the dollar strength outweighs in almost every cross, and in the case of cryptocurrencies is setting up MATIC for some heavy losses throughout this week towards $1.20 and possibly $1.00.
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Lukas Enzersdorfer-Konrad, Bitpanda deputy CEO: “Crypto needs Gary Gensler gone”
Lukas Enzersdorfer-Konrad is the deputy CEO at Bitpanda, a broker based in Europe with more than five million users. At the European Blockchain Convention held in Barcelona, the executive shared with FXStreet his views on the current state of the crypto industry and its regulation.
Bitcoin still consolidates despite positive spot ETFs demand
Bitcoin (BTC) trades slightly up, around $64,000 on Thursday, following a rejection from the upper consolidation level of $64,700 the previous day. BTC’s price has been consolidating between $62,000 and $64,700 for the past week.
Why is ONDO’s price outlook bullish?
DefiLlama data shows that Ondo TVL reached a new ATH of $613.75 million. Ondo’s Supply Distribution metric shows whale accumulation. On-chain data shows that ONDO’s daily trading volume is rising, and the supply of exchanges is decreasing.
Maker price eyes a rally on technicals and on-chain metrics
Maker trades above $1,500 on Thursday, suggesting a potential rally as technical indicators show bullish divergence. This positive outlook is reinforced by MKR’s Exchange Flow Balance, which shows a negative spike, indicating growing investor confidence in the platform.
Bitcoin: Fed-led rally could have legs towards $65,000
Bitcoin is poised for a second consecutive week of gains, supported by the recent 50-basis-point cut in interest rates by the Federal Reserve. Bitcoin broke above several key technical resistances this week, signaling a rally continuation.
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