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European Inflation Skyrockets to Record 7.5% — ECB Chief Lagarde Expects Energy Prices to ‘Stay Higher for Longer’
3.4.2022
While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout the 19 member state economies, and ​​European Central Bank president Christine Lagarde expects energy...
With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a Lifetime High
2.4.2022
Bitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February 17. The network’s difficulty jumped 4.31% higher bringing the metric to a lifetime high at 28.59 trillion. Since the increase, the network’s hashrate...
Biggest Movers: Near Surges 22% on Saturday, as SOL, AXS Move Higher
2.4.2022
NEAR has risen by over 20% during today’s session, pushing prices to their highest level since late January. AXS also rebounded on Saturday, following a $640 million hack, which sent its price down this week. NEAR Protocol (NEAR) NEAR was undoubtedly one of the biggest gainers in crypto...
Biggest Movers: ZIL Jumps on Metapolis News, as AAVE Almost 15% Higher on Friday
1.4.2022
ZIL was on the rise yet again to end the week, as prices are now trading almost 300% higher than on Monday. The increase in value comes as markets gear up to the release of Zilliqa’s metaverse service platform called “Metapolis.” Many expect the official launch to come...
Market Wrap: Cryptos Slide Amid Higher Volatility; Returns Typically Strong in April
31.3.2022
Bitcoin (BTC) and other cryptos declined on Thursday as bullish sentiment began to fade. In March, altcoins outperformed bitcoin, which typically occurs in a rising market. Seasonal data points to higher returns in April and May for both cryptos and stocks
Biggest Movers: ZIL Rallies to 11-Month High, as SOL and WAVES Extend Recent Gains
31.3.2022
Solana extended recent gains, as it continued to cement its place as the world’s sixth-largest cryptocurrency. ZIL also rose on Thursday, following yesterday’s 50% increase in its value. All of this came as WAVES jumped by as much as 15% during the session. Zilliqa (ZIL) Although...
Bitcoin and Ethereum Still Range-Bound, SOL Inches Higher, ZIL Trims Gains
31.3.2022
Bitcoin price is still consolidating above the USD 47,000 level and is currently (11:48 UTC) trading near USD 47,100. It’s almost unchanged in a day.
Meanwhile, ETH is stuck near USD 3,400, while XRP is still below the USD 0.90 resistance. ADA is trying to reach the USD 1.245 resistance.
Total...
Biggest Movers: AXS Falls Lower Following Hacks, While ZIL Climbs by Over 50%
30.3.2022
AXS was trading lower on Wednesday, after it was reported that the Axie Infinity network Ronin suffered a breach, leading to hackers stealing over $620 million from the blockchain-based trading and battling game. This came as ZIL was trading by over 50% higher during the session. Zilliqa (ZIL)...
A retest is expected, but most analysts expect Bitcoin price to extend much higher
30.3.2022
Analysts expect Bitcoin price to retest the $45,000 zone as support, after which traders anticipate a stronger move toward a resistance cluster at $54,000
Biggest Movers: WAVES up 50% on Tuesday, as RUNE and LUNA Move Higher
29.3.2022
WAVES was undoubtedly Tuesday’s biggest gainer, climbing by as much as 50% during the session. Gains in WAVES came as well, as LUNA once again overtook SOL as the world’s eighth-largest cryptocurrency. RUNE was also a big mover today. WAVES WAVES was easily the biggest gainer during...
Bitcoin, Ethereum Technical Analysis: BTC Hits $48,000 as ETH Nears January High of $3,500
29.3.2022
Bitcoin briefly hit a high above $48,000 on Tuesday, as prices of the world’s largest cryptocurrency rose for an eighth straight day. ETH was also trading higher during the session, with prices nearing their highest since January 5. Bitcoin Bitcoin reached the $48,000 level today, as...
Bitcoin and Ethereum Trend Higher, LUNA Pauses, WAVES Accelerates
29.3.2022
Bitcoin price moved above the USD 48,000 level before a minor decline and is currently (11:51 UTC) moving higher above the USD 47,800 level. The current price action suggests chances of more gains above USD 48,500. BTC Is now up more than 1% in a day....
Read More: Bitcoin and Ethereum Trend...
First Mover Asia: Why Japan, China and Other Regional Powers Are Still Putting Their Faith in T-Bills, Gold; Cryptos Climb Higher
29.3.2022
A number of crypto observers have viewed Bitcoin as ushering in a new era of financial sovereignty amid growing uncertainty about long-term U.S. economic dominance globally, but many countries are still investing in gold and U.S. T-bills
Biggest Movers: SOL Moves Past LUNA, as EOS and FIL Lead Monday’s Gainers
28.3.2022
Solana reclaimed the eighth position in the crypto top ten, as ADA and DOT were both over 10% higher to start the week. Despite this, it was EOS and FIL which led today’s gainer, with FIL gaining over 30% in the session. Filecoin (FIL) FIL rallied by as much as 30% to start the week...
Bitcoin and Ethereum Keep Moving Higher, SOL and DOT Accelerate
28.3.2022
Bitcoin price gained pace above the USD 46,500 resistance zone and traded above the USD 47,000 level. It is currently (12:02 PM UTC) showing positive signs near USD 47,200 and might aim for more gains.
Similarly, most major altcoins are rising steadily. ETH settled above USD 3,300 and might...
Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days
28.3.2022
The crypto economy has managed to remain above the $2 trillion mark during the last five days since March 22. Currently, the global cryptocurrency market capitalization is 1.3% higher during the last 24 hours, as the valuation stands at $2.1 trillion today. Furthermore, the price of bitcoin jumped...
NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises
27.3.2022
Last week, non-fungible token sales saw an improvement after tumbling week after week in terms of sales volume. This week, NFT sales are down 2.15% from last week’s $544.6 million to this week’s $539.2 million. The top NFT collection in terms of weekly sales was the Azuki compilation...
Biggest Movers: CVX Nearly 14% Higher, as RUNE Extends Friday’s Gains
26.3.2022
CVX was trading nearly 14% higher to start the weekend, as RUNE extended yesterday’s gains, climbing by over 13% on Saturday. CVX is now up by nearly 35% this week, rising to multi-week highs in the process. Thorchain (RUNE) RUNE was one of the biggest gainers in crypto markets for a second...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Begin Weekend Close to Key Resistance Levels
26.3.2022
Bitcoin and ethereum began the weekend trading close to key resistance levels, as crypto markets continued to sustain recent gains. Overall, the global cryptocurrency market cap was marginally higher on Saturday, as traders prepared for this weekend’s session. Bitcoin BTC is currently...
Biggest Movers: QNT Climbs 10%, as ALGO and RUNE Rise Higher
25.3.2022
QNT climbed over 10% during today’s session, as RUNE and ALGO both rose by as much as 15% on Friday. This comes as cryptocurrency markets were trading nearly 4% higher as of writing this, as markets began preparing for the weekend’s action. Thorchain (RUNE) Thorchain (RUNE) was one...