Traders often predict these two catalysts will drive crypto prices up or down in December – a ‘Santa Claus rally’ and tax loss harvesting. The two terms are older than cryptocurrency, commonly discussed by stock traders at the end of each financial year. Just how accurate are they for making stocks or crypto price predictions?…
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The Terra Luna Classic price prediction is bearish, as the LUNC/USD pair has fallen below $0.000169, a support level extended by an upward trendline. The cryptocurrency market has recently been harsh on investors, with most cryptocurrencies unable to produce gains due to liquidity issues at FTX, Genesis, and many other crypto exchanges. … Read More: Terra Luna…
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Dogecoin price prediction is positive, as it has risen above $0.0870 and is now trading at $0.0910. Dogecoin, on the other hand, is struggling below the $0.0965 resistance level, which is extended by a 38.2% Fibonacci retracement level and a double top resistance level. Let’s take a closer look at the market’s fundamentals and technicals…
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The cryptocurrency market continues to trade sideways today, with Bitcoin hovering around the $16,500 mark and most altcoins not seeing much action either. Besides the ongoing questions around the FTX collapse contagion, the biggest news of the day may have been Binance CEO Changpeng “CZ” Zhao announcing that Binance has allocated an additional $1 billion…
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The Solana Foundation lost close to $200m in the epic collapse of crypto exchange FTX, and says it remains an open question if any of it can be recovered in the aftermath of the bankruptcy. According to a newly updated report, the Solana Foundation held approximately $1m in cash, 3.43m FTT tokens, and 134.54m SRM…
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The Dogecoin price is up significantly in the hours following Elon Musk’s announcement that he would be granting amnesty to suspended Twitter accounts. Dogecoin is currently trading at $0.08793, up 0.51% in the past hour, 8.34% in the past 24 hours and 3.20% over the past week…. Read More: Dogecoin Price Prediction as Elon Musk…
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The Japanese central bank could begin piloting the digital yen as early as spring 2023 and will reportedly start a trial involving “consumers and private sector companies.”… Read More: Japanese Digital Yen Pilot to Begin ‘in Early 2023’ Read more »Sign up for e-EUR – the progressive stablecoin
Binance Coin price is up slightly over 10% this week, following a mid-week crypto relief rally. The native exchange token is the fourth-largest cryptocurrency, boasting $48 billion in market capitalization. Over $1 billion in volume has been traded across the board in 24 hours. BNB dodders at $296 at the time of writing while facing…
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A mixed start to the day on Nov. 24 saw ADA rise to an early high of $0.321 before falling to a low of $0.312, with the token currently trading at $0.316 as of writing. On Nov. 23, the FOMC meeting minutes delivered a push to crypto markets in general, with members talking about slowing…
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Hackers have stolen as much as $42m worth of crypto from a wallet controlled by the prominent blockchain venture capitalist Bo Shen, founder of Fenbushi Capital. The news of the theft was shared by Bo Shen himself on Twitter on Wednesday, with Shen saying the theft happened from his personal crypto wallet on November 10.…
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