Tag: Market Update

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Loopring (LRC) price surges by 50% after GameStop NFT marketplace integration

Steady ecosystem growth and GameStop’s announcement that Loopring will underpin its NFT marketplace resulted in a double-digit gain for LRC price. Filling multiple needs within the cryptocurrency community is one way a project can set itself apart from the competition and new attract users and liquidity to its ecosystem.  Loopring aims to do exactly this…
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Ethereum price hits $3.2K as anticipation builds ahead of the ‘Merge’

ETH price made a clear trend change and aims for the $3,800 level after traders’ anticipation of the upcoming Merge lures the bulls back to the market. The week-long uptrend in the cryptocurrency market has begun to awaken bullish crypto investors and the successful March 15 launch of the Ethereum “merge” on the Kiln testnet…
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Biggest Movers: DOGE, ADA Nearly 10% Higher, as AXS Leads Today’s Gainers

DOGE was higher during today’s session, as it was reported that a Bitcoin ATM operator added the token to its Kiosks. This comes as cardano also added to recent gains, after it was revealed that Coinbase is now offering cardano staking. Despite this, it was axie infinity (AXS) that led Thursday’s gainers. Axie Infinity (AXS)…
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Ethereum price breaks through $3K, but analysts warn that a retest is needed

ETH price finally pushed through the $3,000 barrier and while further upside is warranted, analysts believe that retest of lower levels will happen first. The cryptocurrency market continues to forge ahead on March 23 despite facing headwinds on multiple fronts. At the moment, global conflict, rising inflation and widespread economic uncertainty are taking a toll…
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Bitcoin bulls take aim at $45K while some analysts warn of possible correction

BTC price spikes above $43,000 as bulls look to push for $45,000 while some analysts warn about the formation of a bearish flag that could lead to a price correction. The bullish narrative is beginning to build across the cryptocurrency ecosystem on March 22 as the price of Bitcoin (BTC) briefly spiked above $43,000 while…
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Launch of real-world use-case sparks 162% rise in OriginTrail’s TRAC token

TRAC price surged 162% as the rollout of OriginTrail v6 and the launch of AidTrust suggest the protocol is prepared for the Web3 migration. The global supply chain continues to struggle to get back on track following a tumultuous three years that have witnessed clogged shipping ports and a breakdown of the just-in-time delivery system. …
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Ether bulls eye resistance at $3K as the network prepares to undergo ‘The Merge’

Ethereum bulls look to overcome major resistance at $3,000 as the community prepares for the merge of the Ethereum mainnet with the proof-of-stake Beacon Chain. A new week in the cryptocurrency market has brought more of the same sideways price action that the wider ecosystem has experienced in recent months, as Bitcoin (BTC) continues to…
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Today’s biggest crypto gainers: Why REQ, MFT and KEY rallied over 20%

REQ, MFT and KEY overcome the noise to post double-digit gains as decentralized payments and identity management trend higher amid ongoing global developments. Cryptocurrency bulls continued to face stiff headwinds headed into the week of March 14 that began with a vote in Europe about whether to outlaw proof-of-work cryptocurrencies, which was ultimately rejected.  Despite…
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Bitcoin rallied, but analysts say it’s ‘more of the same’ until $46K becomes support

BTC price made a 10% move toward a key resistance level, but traders warn that the price action is just “more of the same” until $46,000 is flipped to support. “Volatility” is the word of the month and that is exactly what cryptocurrency investors saw today as Bitcoin rallied after concerns over the Biden administration’s…
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Bitcoin slides under $39K, leading some traders to forecast a weekend ‘oversold bounce’

Traders look for a weekend oversold bounce after BTC price sold-off and hit an intraday low at $38,750. March 4 saw another day of seesaw price action for Bitcoin (BTC) and the wider cryptocurrency market as the global economic fallout from the ongoing conflict in Ukraine weighs heavily on a majority of the world’s financial…
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