Decentralized Finance (DeFi)

Tezos (XTZ) Might Challenge $2.5 Daily Resistance – Price Analysis

Tezos (XTZ) Might Challenge $2.5 Daily Resistance – Price Analysis

Tezos price trends reveal bullish trends. XTZ has resistance at $2.5. The support level stands at $1.81. Tezos price reveals bullishness as the alternative token climes towards $2.09 following a slight consolidation around the $1.80 value area. Bulls stepped up to catalyze upside actions after XTZ broke past an ascending triangle setup. Meanwhile, Tezos dipped into a consolidation period after rising towards $2.49, trading within an ascending triangle setup as bears and bulls battled for market dominance. Bulls saw victory as they drove XTZ to $2.09, eyeing the target at $2.49. Breaking beyond this area would see Tezos exploring $3…
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Cryptos to Watch This Week: BTC, XRP, SOL

Cryptos to Watch This Week: BTC, XRP, SOL

Bitcoin's drop to $25.8K and the Terra ecosystem fallout triggered crashes in the marketplace as most tokens witnessed double-digit losses. Bitcoin price tried to regain levels beyond $30,000. The global crypto market capitalization hovers beneath $1.3 trillion. Some of the cryptos to watch this week are BTC, XRP, and SOL. The broad crypto marketplace witnessed bearish waves over the past week as Bitcoin lost near 30% within ten days to hit $25K, levels last seen in late 2020. The Bitcoin-driven plummets and fallouts in Terra's UST and LUNA saw the cumulative market cap crash to $1.28 trillion at this publication.…
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Top Ethereum Killers to Consider in 2022

Top Ethereum Killers to Consider in 2022

Investors have heavily grilled the Ethereum network over the past couple of years. That is due to congestion, slow speeds, and high gas fees. As this competitive field sees constant innovation, users and developers look for blockchains that meet demand without hassle. This article highlights some leading blockchains that enthusiasts believe will overcome Ethereum's TVL with time. Solana (SOL) Solana tops our list. Backed by billionaire Sam Bankman-Fried, it is a decentralized network created to ensure user-friendly, scalable apps for the market, and Solana gained increased popularity. Solana attracted many developers looking for Ethereum alternatives due to high fees and…
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MATIC, NEAR, Avalanche, Dogecoin Price Analysis – April 7

MATIC, NEAR, Avalanche, Dogecoin Price Analysis – April 7

The crypto market sustained a massive plummet over the past 24 hours as Bitcoin lost about 5%. Alts such as Dogecoin and MATIC hovered around stable support floors before BTC, and the broad crypto market accelerated downward in the latest hours. That had them plummeting further to explore levels that remained substantial on higher time-frames. Can these assets push higher? Polygon (MATIC) The past 24hrs saw Polygon falling into a demand zone on higher time-frames (12hr and daily). Previously, the alt traded inside the $1.56 - $1.74 range but selling momentum appears lucrative for bears to keep the range lows.…
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Cardano Goes Bullish As Addresses with Over 100,000 ADA Touch New Highs

Cardano Goes Bullish As Addresses with Over 100,000 ADA Touch New Highs

Cardano addresses with more than 100,000 tokens have scooped 16.8% of ADA's supply. Cardano's price climbed above $1.23; analysts noted an optimistic chart setup for the token. ADA whale holdings decline regardless of the recovery signs by the "ETH-killer." Cardano's price seems ready for breakouts as crypto analysts note a bullish formation on the altcoin's chart. Cardano sees a massive spike in accumulation by mid-tier holders, with more than 100,000 ADA tokens in their wallets. Cardano Price Ready for Upside Rally Cardano's price kick-started uptrends, breaking above $1.23 as the alternative token saw an increased investor pile. Mid-tier holders with…
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Solana and KRAFTON to Boost Blockchain Gaming

Solana and KRAFTON to Boost Blockchain Gaming

The collaboration is to support blockchain gaming marketing and design. Also, Solana Labs and KRAFTON will collaborate on investment opportunities. KRAFTON will utilize capacity from PUBG: BATTLEGROUNDS to join the NFT and Web3 industry. KRAFTON has partnered with Solana Labs to support blockchain marketing and design. Remember, KRANFTON, Inc. launched the wildly recognized PUBG: BATTLEGROUNDS battle game. Why Solana (SOL/USD)? Solana is among the leading decentralized blockchains designed to ensure user-friendly and scalable applications globally. Moreover, it guarantees scaling without compromising security and composability, supporting developers' long-term activity. Furthermore, Solana ensures reliable performance, processing thousands of 'smart' contracts concurrently via…
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These Are Worst-Performing Cryptos So Far in 2022

These Are Worst-Performing Cryptos So Far in 2022

The cryptocurrency space hasn't had its best year so far. Uncertainty around the Russia-Ukraine conflict plus COVID-19 had most investors escaping risky markets. The crypto spectrum started 2022 in turmoil. Uncertainty around the Russia-Ukraine conflict plus the COVID-19 pandemic pushed away investors interested in long-term crypto investment. Nevertheless, the plunge in crypto prices also presents an opportunity for investors to accumulate at discounted prices. However, let's check the top worst-performing digital tokens so far in 2022. Our analysts used YTD returns stats from Coinmarketcap as of 2022 February end to rank worst-performing assets this year. Moreover, the list included crypto…
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Bitcoin (BTC) Rejected Near $40K: Weekend Price Analysis

Bitcoin (BTC) Rejected Near $40K: Weekend Price Analysis

Bitcoin still failed to reclaim $40K, struggling around the $39K mark. Most alts remain somewhat calm today. Bitcoin tried to challenge $40K after losing $6K within a few days but failed to climb high. That had assets in the altcoin market stalling since yesterday, recording slight movements. However, Monero decoupled from broad market actions, registering a substantial price increase. BTC Struggles beneath $40K Indeed, the leading crypto struggled within the previous several days. The crypto recovered losses amid the Russia-Ukraine conflict recorded new monthly peaks. The upward moves had BTC touching $45K. However, bears emerged and pushed Bitcoin south again.…
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