Day: August 11, 2022

AVAX Holds Steady And Sets Sights On $50 Barrier Breach

Avalanche (AVAX) price may be a point of interest for many analysts especially since the gaming token is exhibiting formidable strength amid a bear market. AVAX price reveals a consistent ramping activity combined with a rise in price. Avalanche RSI reveals a breach on the overbought zone. High probability of breach can occur at the $50 barrier. AVAX Shows Solid Traction At $29.50 According to CoinMarketCap, AVAX price is currently swinging it at $29.50 and is showing immense bullish traction with an increase of 5.45% as of this writing. In…

Maple, a DeFi Platform for Institutional Lending, Unveils New $30M Liquidity Pool

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Is The Bitcoin Surge Due To An External Reason? What The Data Suggests

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The world’s first and largest cryptocurrency is making gallant steps towards the greens in a recent outturn of events. Bitcoin is experiencing a sharp rise in price within its market. Recent trading activities got BTC’s price to hit the $24,000 mark. This creates a positive record for the top cryptocurrency across the industry. Though Bitcoin is making a tremendous improvement in value, its number of active addresses seems to be downtrend. The sudden growth in price for BTC likely has little connection with the overview of the crypto market. This…

Crypto’s Downturn Makes Space for Education and Regulation

“You have to go through market cycles, especially when you have a new phenomenon,” said Jahon Jamali, chief marketing officer and co-founder of Sarson Funds, a crypto asset manager and education service for financial advisors. “Growth occurs, but then the news shifts from good to bad and you have these drawdowns. And this is the time where people, who were interested but didn’t want to get caught up in the hysteria, start to learn about the new asset class.” Source

ETH Moves to 2-Month High Above $1,900  – Market Updates Bitcoin News

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Ethereum surged to a two-month high above $1,900 on Thursday, as the token continued to rally following yesterday’s U.S. inflation report. Inflation in the United States was at 8.5% in July, giving traders some optimism on a potential gradual recovery. Bitcoin was also in the green, as prices moved closer to $25,000. Bitcoin Bitcoin (BTC) was up for a second straight session on Thursday, as prices continued to react to the latest inflation report. Following a low of $23,031.88 on Wednesday, BTC/USD surged to an intraday peak of $24,669.13 earlier…

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