Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Price Analysis
TA: What Do the Indicators Say About October’s Market Rally?
October is off to an impressive start for the crypto space. Coin prices are on a significant high, showing possible momentum. However, this isn’t the first time that the market will start strong. Investors are skeptical about this rise, so they will want to check how the market performs. The Chinese Saga Continues The biggest story right now is the Chinese crackdown. This isn’t the first time that China will announce a crackdown on the crypto space, of course. Beijing…
4 years ago
TA: AXS Hit a Record High. What Should Investors Expect?
The past week was an impressive one for Axie Infinity (AXS). First, the coin broke significant ground, allowing investors to reap even more. However, many investors tend to get fearful when market prices start to rise. Even though the money's good, no one wants to be alone if things go wrong. So, the question is whether this rally will last. Coming Off a Long Line of Gains The crypto market has had an exciting run in 2021 for sure. Coin…
4 years ago
WMA: Bitcoin & the Altcoins Are Back in the Green after U.S. Fed Backing
Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,139 trillion. Bitcoin is up by nearly 11% after a rejuvenating week. Ethereum gained more than 12% in value over the week. XRP has increased by roughly 14% over the past seven days. Almost all altcoins have registered significant gains this week. The DeFi sector gained almost $6 billion in total value protocols (TVL).…
4 years ago
TA: How Binance’s Regulatory Woes Have Plagued BNB’s Rise
Binance is the largest and most popular cryptocurrency exchange in the world. The platform remains a top option for anyone looking to get into the crypto space and make money. But, the past few months have been a bit of a challenge for Binance. The company has faced opposition from different governments. Now, all of these appear to be stifling the rise of its coin, BNB. It All Started So Well Binance launched BNB in 2019 as its exchange token.…
4 years ago
TA: Bitcoin Leads a Market Recovery Going Into October
September is done now. It was a pretty mixed month for the crypt industry, with coin prices moving with high volatility. However, many in the crypto market are still confident that things will be better in October. As it has always been, any recovery that comes to the crypto market will hit Bitcoin first. The asset remains by far the most valuable in the industry. So, it will need to lead others that hope to see gains as well. Recapping…
4 years ago
TA: Indicators Showing that SOL Has Reached a Top Margin
SOL has been one of the standout performers in the crypto industry for the past few weeks. The coin gave many investors a haven, especially when the market started to go sideways. Most coin prices were taking a beating, but SOL stood firm. There is no doubt that the SOL resurgence has been impressive. The coin’s performance over the past few weeks has been incredibly inspiring. But, unfortunately, you often see a large-cap coin standing firm even when the entire market is…
4 years ago
TA: Short-Term Outlooks for XRP: Indices, and Major Players
Ripple Labs remains one of the blockchain industry’s biggest companies. The company’s XRP coin is the industry standard for international payments. XRP has endured a bit of a challenging year. This is because the Securities and Exchange Commission (SEC) sued Ripple Labs for securities fraud. But, recent developments show some hope for the coin. It is worth noting that XRP has performed exceptionally well this year. The SEC suit against Ripple came last December, and the coin’s price went down.…
4 years ago
TA: ADA Looks Ready for a Major Run
The Cardano (ADA) blockchain has been in the minds of many crypto investors recently. This is thanks to the successful launch of its Alonzo blockchain. Now that Alonzo is live and ready to roll, Cardano's developers - Input Output Hong Kong (IOHK) and the Cardano Foundation have been making significant moves to boost its profile. These efforts are starting to yield fruit, much to the benefit of ADA investors. A Background to the Alonzo Upgrade Alonzo is central to Cardano's…
4 years ago
WMA: The Market Dips after China Reiterates its Bans on Crypto
Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,826 trillion. Bitcoin is down by over 10% after a rough week. Ethereum lost more than 13% of its value over the week. XRP has dipped by roughly 14% over the past seven days. Almost all altcoins are drowning in a sea of red at the moment. The DeFi sector lost almost $6 billion…
4 years ago