Chainlink’s price has risen 12.5% in the past week, 20% in the last 30 days and 43% since the start of the year. Analysts are predicting that LINK will carry through to $10 in the coming weeks. The altcoin’s chart is currently in a very promising place, with its indicators suggesting a potential rally. What … Read more
Cryptocurrency Market Rebound: Despite the US government introducing stricter regulations, Thursday saw a robust rebound in the cryptocurrency market. Bitcoin Dominance: Bitcoin has seen a surge of 9.5% today and is working to break through $25,000. Analysts have noted that there is an increase in investors moving from altcoins to Bitcoin due to its “commodity” … Read more
The crypto market is currently in a state of relative stability, characterized by small price changes and a slowing of the recent crypto rally. Federal Reserve Chair Jerome Powell’s recent statement about the ongoing process of reducing inflation has further fueled the optimism surrounding risk assets like Bitcoin. Some of the best cryptos to buy … Read more
The XRP price has slipped slightly today, dropping by 0.5% in the past 24 hours and is currently at $0.413164. Ripple’s 24-hour trading volume is still relatively high, at just over $1 billion, which could mean that further gains are on the cards. Ripple published its Q4 2022 XRP Markets Report, with demand for its … Read more
• The US Securities and Exchange Commission (SEC) recently won a case against LBRY Credits, ruling that the LBC token was an investment contract. • However, in a recent win for the LBRY community, the judge clarified that the ruling did not include secondary market sales. • This judgment could work in favor of Ripple, … Read more
• Last week, Bitcoin-tied investment funds saw $116 million in inflows as the leading cryptocurrency has managed to hold gains and stay firm so far this year. • CoinShares reported that the cumulative asset under management (AuM) of crypto funds has risen to $28 billion, up 43% from their November 2022 lows. • Germany accounted … Read more
• Ethereum price is rallying above $1,600 as it awaits the Federal Open Market Committee (FOMC) decision on interest rate hike in two days. • Market watchers are eyeing a 25-basis points increase, relatively lower than the December hike of 50-basis points. • The Moving Average Convergence Divergence (MACD) indicator has signaled to traders to … Read more
• Ripple has appointed a new President, Monica Long. • Ripple’s case with the SEC is nearing its conclusion, with CEO Brad Garlinghouse expecting a decision by end of first half 2023 or end of year at latest. • XRP’s current price leaves it with mixed set of indicators, making it hard to predict if … Read more
• Michael Novogratz, founder of Galaxy Digital Holdings, expressed his support for Binance and CEO Changpeng Zhao (CZ) • He noted that the world’s largest crypto exchange by trading volume has a “giant percentage of liquidity” and a loyal retail following • Novogratz believes that the success of Binance would help bring more institutions and … Read more
• Bitcoin and Ethereum prices have been on the rise for the past few months, and investors are wondering if another 5% increase is possible today. • Cryptocurrency markets had a positive start on January 30th with global crypto market capitalization growing by 1.77%. • In Nigeria, the price of 1 BTC costs 17.8 million … Read more