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For the first time since its surprise ascension to prominence, the BAYC NFT has been outperformed by a rival NFT 24 hours after failing to scale up its previous market performance. The Yuga Labs has the best performing NFT collectible in the marketplace; the BAYC is no match for others as it has been dominant … Read more
Ethereum is still having a blast in the market as its bullish trajectory continues as at the time of putting this piece together, the globally valuable asset was trading in the very green, lush zones at $3,125. Rapid Increase in ETH 2.0 Deposits A leading crypto analytics company has said that Ethereum has been moved … Read more
NFTs Stride Farther with Crypto There is a lot of exciting news going around the crypto space in recent times and the latest of them all is involving NFTs too. As you would have observed, the growth of NFTs has been at record levels and increasing in popularity with the trajectory moving rapidly upwards of … Read more
On Tuesday, the duo of USD/INR made a positive performance on the trading floor by reaching an all-time high of 77.17 amid the rising value of crude oil, which halted the potential of the Indian rupee against the intimidating greenback. As one of the major importers of petroleum products globally, India has experienced significant outflows … Read more
XLM has its price flipping a critical hurdle and targets an upside to retest the $0.22 mark. Enthusiasts may expect the alt to gain strength beyond the 50% retracement zone at $0.18. A 4hr candle close under $0.16 will nullify the bullish narrative. Stellar (XLM) has maintained consolidative actions for about two weeks, highlighting range … Read more
Over the past week, Coinbase recorded a significant increase in sell-off and a large percentage is said to be accounted for by long term holders. Even though this happened, bitcoin Short-term supply is taking a different turn to largely long term supply. Coinbase is widely known and accepted among the many largest cryptocurrency exchange and … Read more
The ongoing war between Russia and Ukraine is not enough to phase cryptocurrency, but it appears to impact the entire market performance of several tokens. Amid the uncertainties, CoinShares reported that investors have been buying several cryptos as they move to add more to their digital assets. Investors Actively Support Crypto The latest Digital Asset … Read more
Following the escalation of hostilities in Eastern Europe between Russia and Ukraine, the crypto market has had a positive market recovery, which reached a high momentum last Wednesday before crashing on Friday. The crypto market was startled when the Russian president announced the country’s readiness to carry out a military offensive against Ukraine aimed at … Read more
One of the leading e-commerce companies globally, eBay, has revealed its plan to integrate a payment system that could see the e-commerce company accepting payment in Bitcoin. In an interview with THESTREET, the CEO of eBay, Jamie Lannone, said the company is already discussing the possibility of accepting cryptocurrencies for some time now. But in … Read more
More than ever before in the history of Bitcoin, the supply movement of the Bitcoin blockchain has consistently shown a positive affirmation and acceptance as more addresses are now holding a healthy BTC balance. The on-chain data from Glassnodes has shown how, through February, the growing number of Bitcoin addresses having a non-zero balance of … Read more
Russia’s military invasion of Ukraine has seen ripples worldwide, with major financial sectors feeling the heat of the uncertainties and the crypto market also catching a cold. Russia’s military offensive has drawn the ire of other world superpowers, with the United States and other NATO member countries planning to slap harsh sanctions on Russia. Still, … Read more
Given the price slump in the market for Bitcoin, the likelihood of a robust turnover in the price for BTC will be a welcome development for the stability of the cryptocurrency. The improved market performance experience on the 23rd of February is due to the opening up of the European market after what seems like … Read more