Key Support levels: $1.3 Key Resistance level: $1.5 ADA did not look back after breaking the descending triangle (in blue) and appears ready for more gains. It has reversed the downtrend with a strong momentum upwards which has taken the price over $1.3. If ADA can turn...
Adam White – the 3+ year President of Bakkt – has announced that he is leaving the company. His future plans remain a mystery. White announced his upcoming departure in a tweet earlier today. He showed satisfaction with the crypto industry’s maturation from a regulatory standpoint. “Lots...
Option Market Analysis This Friday, 24 of December 21, about $684 million worth of Bitcoin options contracts will expire in Deribit Exchange. The maximum pain price – the strike price that brings maximum loss to option buyers – is $48k. The put/call ratio (PCR) is 0.67....
Yesterday, we saw the floor price for NFTs from the Bored Ape Yacht Club (BAYC) collection surpass that for the famed Crypto Punks for the first time. The Flippening Data from OpenSea shows that yesterday, the floor price of the BAYC NFT collection was at 54 ETH,...
Key Support levels: $3,700 Key Resistance levels: $4,000, $4,435, $4,868 (ATH) The battle between buyers and sellers is ongoing at the key $4,000 level. So far, the sellers managed to push the price below it after a short incursion from bulls. At the time of this post,...
[Press Release – Please See Disclaimer] The world was already slowly but surely moving out of physical presence to a digital scope before the COVID-19 pandemic only highlighted the necessity for online communications. Consequently, massive world brands started to transition to the digital realm, with everything...
It has been quite a year for the blockchain platform Ripple. While its saga with the Securities and Exchange Commission (SEC) is far from over, the CEO Brad Garlinghouse is positive about how 2021 turned out for Ripple. Ripple’s Garlinghouse Reflects on the Past Year Filed on...
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The psychological and technical resistance at $50,000 has proven too tough for Bitcoin to overcome once again. The cryptocurrency is currently retracing towards $48K, but plenty of altcoins are completely unfazed and are even charting new highs, Bitcoin Retracing Towards $48K Yesterday, BTC’s price was on its...
In an announcement on Dec. 22, Uniswap Labs reported that it had launched the DEX on the Polygon network. Polygon co-founder Mihailo Bjelic submitted a proposal to Uniswap governance in November to deploy Uniswap v3 on Polygon, and it was voted in last week. It had overwhelming...