Category: ADATUSD

ETH Price Analysis: Ethereum Price Could See a Short-term Correction Before the Upswing Resumes

The Ethereum fear and greed index signals high greed readings at level-73 even as GasNow, the popular Ethereum gas price quotation system suspends operation. The event was followed by the China-based mining pool [Sparkpool] earlier announcing the closure in response to regulatory requirements. Etherscan at press time shows that the Ethereum 2.0 deposit contract maintains […]

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Binance (BNB) Price Analysis: On-chain Data Shows Rise In Demand for the BNB Coin, Will BNB Outperform BTC?

Why Is Binance Coin (BNB) Price Surging? Among many reasons recent 1 billion USD fund for project development of DApps on the Binance Smart Chain [BSC] is one major catalyst fueling the BNB price.  The crypto data tracking service, Santiment spotted an increase in demand for BNB on wallets with BNB whales acquiring roughly 412K […]

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SHIB Price Analysis: Shiba Inu Price Hints Breakout of Ascending Triangle Resistance Amid Token Burning News

Amid regulatory uncertainties, India’s top crypto exchange, ZebPay, recently announced the listing of Shiba Inu’s SHIB token on its platform, following the path of Bitpanda, Coinbase Pro, and Binance. The SHIB price rose by roughly 350% from its October opening price bringing its market cap to the 18th position at press time, and quickly lives […]

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Breaking: World’s Largest Asset Manager Sees Huge Opportunities in “Cryptocurrencies”

The CEO of the world’s largest asset manager Blackrock in a recent interview with CNBC said that he sees huge opportunities in digitized crypto blockchain currencies. During the interview, Larry Fink said, even though he doesn’t understand much about Bitcoin so can’t predict the price, but he believes that the digital currency market has huge […]

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Binance Coin, Cardano Price Analysis: October 13, 2021

Binance Coin breaks out, targeting $500; the MACD emphasizes the bullish grip on the price. Cardano will likely step above $2.5 after the ongoing consolidation. Binance Coin leads altcoins in recovery on Wednesday, after accruing over 13% in gains toward the end of the Asian session. As discussed earlier, the rest of the market is […]

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Cardano, Solana Price Prediction: October 12, 2021

Cardano holds at $2.1 after losing steam during the most recent approach to $2.5. Solana may drop to $120 if the confluence support created by the 100 SMA and the 50% Fibonacci level shatters. Bitcoin gained more ground on Monday to trade briefly above $57,000. The bellwether cryptocurrency aims at lifting to the all-time high […]

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Multi-Billion Dollar Investment Management Firm cashes out from Stocks to invest in Defi

Dawn Fitzpatrick, CEO, and CIO of the $27 billion Soros Fund Management announced that the investment management giant has been liquidating the $5 billion it had invested in March 2020 during the Covid-19 triggered market instability. Furthermore, Fitzpatrick noted that the company will be redirecting its investment into Decentralized Finance. Defi Dominance over the “mainstream” […]

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Cardano Price Analysis: ADA Lags Recovery To $2.5 Despite Peers Hitting New Monthly Milestones

Cardano price teeters within a wide range, marked by the 50-day SMA on the upside and the 100-day SMA on the downside. The IOMAP model reveals that ADA sits on robust support while the absence of a massive resistance favors the bulls. Cardano is seen trading at $2.2 on Monday toward the end of the […]

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NFT P2E: Axie Infinity Looks to Raise $150 Million in Series B Funding Round Led by a16z

Axie Infinity ($AXS), a play-to-earn (P2E) NFT game has shot put in popularity amid NFT frenzy, so much so that its token price has surged over 300% in the last month itself. The founders of the NFT game are now looking to raise nearly $150 million in a Series B funding round that could put […]

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Bitcoin ($BTC) Breaches $50K For First Time Since September 7, Here’s Why $55K is not Far

Bitcoin’s ($BTC) price breached $50,000 for the first time since September 7 marking the bullish start to “Uptober.” The top cryptocurrency rose by nearly 6% over the past 24-hours to break out of the four-week-long consolidation phase under $50K. September repeated history with a bearish month where the top cryptocurrency along with the rest of […]

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