In recent days, Bitcoin has experienced a significant drop in price, reaching its lowest level since February. However, analysts at Bitfinex believe that there are on-chain signs indicating that the leading cryptocurrency may be approaching a potential local bottom. Despite the recent market volatility, data from July 6 and 7 suggest that Bitcoin’s correction may
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Following a difficult week in the cryptocurrency market, Chainlink (LINK) managed to gain over 4% in 24 hours. This increase in price was supported by the accumulation of over 6.2 million LINK by whales, totaling approximately $76.88 million. Despite LINK losing nearly 10% over the week, the confidence of large holders in the asset remained
Renowned trader Peter Brandt recently raised concerns about Bitcoin potentially dropping to as low as $44,000. He based this prediction on a technical indicator signaling a bearish outlook for the leading cryptocurrency. Brandt suggested that if Bitcoin has completed a double top, it could experience a significant reversal to the downside. Despite Brandt’s warning, analyst
Legend of Arcadia (LOA) Season 2: Grandia World Tour continues the innovative play-to-airdrop (P2A) campaign that was highly successful in Season 1. Arcadia Rune Quest, the first season of the mobile card-based RPG Legend of Arcadia, laid the foundation for Season 2. This campaign rewards players for their engagement and achievements within the game. By
Messari, a prominent US-based crypto market intelligence platform, has made a bold declaration of independence from the Securities and Exchange Commission (SEC). The CEO, Ryan Selkis, announced this decision, citing the regulator’s strict approach to the growing crypto industry. This move signifies Messari’s dissatisfaction with the SEC and its leadership under Chair Gary Gensler. In
Bitcoin’s recent price action has caused fear among investors, leading to concerns that the bull market may have come to an end. The daily timeframe shows a clear bearish trend, with the price making lower highs and lows since falling below $70K. Last week, the market broke below the crucial $60K level and the 200-day
As the beginning of July proves to be bearish for the Bitcoin and crypto market, investors are eagerly anticipating the release of the CPI data on July 11. Recent events, such as the delayed debut of Spot Ethereum ETFs and reports of governments selling BTC, have cast a shadow over the market. However, there is
Binance, the world’s largest cryptocurrency exchange, recently announced the delisting of four digital assets – BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS). This decision has far-reaching consequences not just for the affected cryptocurrencies but also for the broader market as a whole. The delisting of these digital assets means that all spot trading
The highly anticipated Moku NFT sale is scheduled to go live on July 9th at 1 PM UTC on the Mavis Launchpad. This event will mark the debut of Moku’s first collection, featuring Moki Eggs that will reveal unique Moki NFTs. The rarity of the eggs will determine the likelihood of obtaining a rare Moki,
The cryptocurrency market recently experienced a significant rebound, with Bitcoin surging to almost $58,000 and Ethereum reaching above $3,000. In addition to the major cryptocurrencies, meme coins like Shiba Inu also saw notable gains. This resurgence comes after a period of losses at the end of last week, bringing relief to investors and traders alike.
