Polygon (MATIC) has maintained its stance above $0.50 despite recent bearish pressure which some observers suggest could see the token fall below the support level. At press time MATIC trades at $0.51 after recovering a slight decline below $0.50 this month. Despite this, MATIC holders have transferred their tokens to exchanges without signs of a…
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Bullish investors profit from rising markets, bearish investors profit from falling markets, while “pigs,” often suffer losses in risky conditions. Crypto market’s volatility and potential for profit and loss The crypto market is known for its high volatility, which refers to the rapid and unpredictable price fluctuations of cryptocurrencies. Market sentiment, recent news events, regulation…
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At current levels in the mid-$29,000s, the Bitcoin (BTC) price is up over 6.0% in the last 24 hours according to CoinGecko. Indeed, while still down around 4.5% versus the 10-month highs it hit earlier this month above $31,000, Bitcoin has now rebounded close to 10% since testing its 50-Day Moving Average in the $27,000…
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Crypto markets appeared to have temporarily shaken off recent volatility, with AMP once again leading the day’s bulls. Terra’s LUNA also surged, climbing by as much as 20% during Friday’s trading session. AMP AMP is currently trading over 24% higher in today’s session, climbing to its highest level since last Saturday. Friday’s rally in AMP…
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Shiba inu’s (SHIB) 50% rise on Tuesday, seems to have inspired LEO bulls, who moved to push prices up by 61% in today’s session. The move comes as crypto markets consolidated yesterday’s gains. Biggest gainers Monday’s biggest loser, was Tuesday’s biggest gainer, as UNUS SED LEO was up by as much as 61% as of…
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The crypto-economy has been sliding in value this week and during the last 24 hours, it has lost 2.5% dropping to $2.3 trillion. The leading crypto asset bitcoin has slid 4.8% during the last seven days and ethereum has dropped 11.7% last week. The downward spiral has cryptocurrency advocates questioning whether or not the bull…
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From crypto advocates to former skeptics, pundits are outdoing themselves to predict ever higher prices for Bitcoin. Despite the current battle between Bitcoin bulls and bears around the $50,000 price mark — and an 8.7% pullback over the past 24 hours — a raft of analysts and commentators have got out their crystal balls to…
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Blockfyre co-founder Simon Dedic says that the recent influx of money into the crypto space is evidence that a strong bull market has already begun. Recent months have seen a surge of fresh money entering the crypto markets, from oversubscribed token sales to 100%+ price gains for tokens like Cardano (ADA), Chainlink (LINK) and VeChain…
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