Solana (SOL) is said to soar to $60 under the best circumstances or with Bitcoin holding up its current green state, this is according to a tweet made by trader Altcoin Sherpa who has over 180,400 followers on Twitter. While Altcoin Sherpa is confident about the performance of SOL, he has qualms about the strength of the crypto. Further, Altcoin Sherpa still thinks SOL is extremely bearish as of press time but there is still a healthy degree of trading opportunity. SOL is currently trading at $43.87, up 18% in…
Month: July 2022
Crypto to reach 1 billion users in 2030: BCG Report
It’s a very common sentiment for people outside of the crypto community to look at Bitcoin (BTC) prices and make a conclusion that it’s too late to get into crypto. However, a report shows that the industry is still at the beginning phase of the adoption curve. In a joint report published by BCG, Bitget and Foresight Ventures, data shows that compared to traditional investment assets, crypto adoption is still very low. According to BCG, only 0.3% of individual wealth is invested in crypto. The report shows that it’s incomparable…
The REAL REASON Bitcoin, Ethereum, & Altcoins are CRASHING!! [Market Manipulation]
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Who is causing the great crypto crash of 2022? Is it Terra Luna? Joe Biden? The Federal Reserve? Find out IN THIS VIDEO! Hit Like, Share, and Subscribe for more daily cryptocurrency news Coinspaid – the largest crypto processing – CoinsPaid Telegram Chat: Twitter: Token page Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:44 – Do Kwon & Terra Luna 2:07 – Terra Collapse Wasn’t Main Factor in the…
Ether Breaks $1.6K on Merge Hype; Crypto Funds Price In July Rate Hike
The market has been decisively pricing out the probability of a 100bps hike in the July FOMC, trading fund QCP Capital said. Source
Bitcoin Mining Difficulty Sees Largest Drop Since July 2021 as Miners Feel the Texas Heat
The bitcoin mining difficulty adjusted downwards as miners unplugge their machines amid U.S. heatwaves. Source
Cardano Might Drop By 20% Despite Vasil Fork News Excitement
Cardano (ADA) fell on July 21 as the market prefers growing selling pressure around its most stable resistance levels in 2022 over a huge anticipated hard fork. Despite the long-awaited Cardano hard fork potentially going live at the end of July, ADA has run out of buyers. The price of ADA decreased 5% intraday to $0.476. The drop was part of a larger retreat that began a day after it temporarily climbed over its 50-day exponential moving average (50-day EMA; the red wave in the chart below) at $0.50. Since…
Monero Climbs To 5-Week Peak, Nears Key Resistance At $155
Monero (XMR) spiked to its peak levels in three months, in the face of challenges in the crypto market. XMR has been gaining momentum since June 13 as it has been enjoying highest highs over the past few months. The token has been on an uptrend for the fourth day in a row and today it’s at fever-pitch with an intraday high beaming at $153.09 3hich is considerably the highest gain it has had since June 13. With this big move, XMR/USD has set its targets on a new resistance…
Ethereum (ETH) Flying off Exchanges Amid Price Surge This Week, According to Crypto Analytics Firm Glassnode
Glassnode says Ethereum (ETH) is flying off exchanges at record rates as the crypto markets rebound this week. The crypto analytics firm notes that exchanges this week had a one-day moving average net outflow of 65,319.938 Ethereum, an all-time high. The previous all-time high for that metric was 58,072.356 ETH, which was set all the way back in May 2016. ETH is trading for $1,576 at time of writing. The second-ranked crypto asset by market cap is up nearly 3% in the past 24 hours and more than 31% in…
Three Arrows Capital Founders Says Terra, GBTC Trades Led to Fund Blowup: Report
3AC continued to borrow from lenders expecting a market rebound. This was until bitcoin fell to nearly $20,000 in late June, causing the firm’s positions to go awry and making it unable to repay any loans. The fund lost money on luna, its GBTC shares traded at a discount, and overall market declines meant all altcoin token holdings fell drastically in value. Source
Coinbase Presents The Degen Trilogy Part 1 at NFT.NYC 2022
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io NFTNYC 2022 – RCMH – Day 1 – 06-21-22 – Coinbase Presents -The Degen Trilogy Part 1 Join the NFT Community Website: Twitter: #nftnyc2022 ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version