Tag: Rally

Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally – Bitcoin News

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On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds again. Well before Hodlnaut’s withdrawal pause, the Terra whistleblower called Fatman warned people about Hodlnaut’s alleged issues. Another Crypto Platform Freezes Operations Citing Recent Market Conditions Another crypto exchange and lending platform, called Hodlnaut, has revealed it has suspended all operations including withdrawals,…

Bitcoin Funding Rates Turn Positive, Why The Rally May Not Be Over

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Bitcoin funding rates had fallen below neutral two weeks ago after finally recovering from a month-long downtrend. This had sparked fears of another bearish trend starting in the market. However, this has quickly changed as the numbers for last week have come in. This time around, the bitcoin funding rates are painting a better picture for the digital asset. Funding Rates Return To Neutral The bitcoin funding rates for the last week have been more optimistic compared to previous weeks. This is because it had continued to maintain its positive…

Avalanche (AVAX) Poised For 25% Rally Ahead Of Seoul Web3 Hackathon

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Avalanche (AVAX) price is seen to soar by 24% or $32 within its consolidation period. A breach projected overshooting the descending parallel channel would nudge AVAX closer to its hurdle or resistance level at $25. After AVAX was able to maintain support at $22.50, a bull run is anticipated to happen. Avalanche was recently rejected at $25 due to strong selling activity which precipitated a rebound seen in the last week of July. The challenge here lies with AVAX ability to soar above the descending parallel channel to stir up…

I’m Buying THESE 5 Altcoins! BIG Cardano Update! Bitcoin & Ethereum Market Analysis & Crypto News!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io DAILY News, Opinion, Perspective 👍 Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:18 – Bitcoin Looking Bullish? (Market Check-In) 0:39 – Strong rebound from Ethereum (following a successful retest) 1:38 – Mercedes-Benz Taps Polygon To Develop A Platform For Data Exchange 3:16 – Miami Collabs With TIME, Mastercard, Salesforce to Sell 5K NFTs 5:12 – Cardano Delays Vasil Hardfork…

Ethereum’s biggest Merge staker just jumped 30% — will LDO rally into September?

Lido DAO (LDO) price edged higher on Aug. 3, primarily due to similar upside moves elsewhere in the crypto market and a rising euphoria around Ethereum’s network upgrade in September. On the daily chart, LDO’s price reached an intraday high of $2.40 a day after bottoming out locally at $1.84. The sharp upside reversal amounted to nearly 30% gains in a day, suggesting traders’ strengthening bullish bias for Lido DAO. LDO/USD daily price chart. Source: TradingView Lido DAO is a liquid staking solution for Ethereum by total value deposited. In…

Rune Could Be Set For A Rally As Buyers Step In

Rune could be set for a relief bounce despite having difficulty breaking the daily resistance. The crypto market saw a setback in price after Bitcoin (BTC) saw a retracement back to a key support area leading to a drawback to the likes of Rune, but the market state indicates Rune could be set for a rally. Rune Weekly Chart Analysis The price of Rune has seen a continuous downtrend from a high of $12 to a low of $1.6 in weeks for what seems to be more than an 80%…