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On September 6, the Crypto Fear & Greed Index, which measures market sentiment, dropped to 22. Investor confidence has taken a clear nosedive, since the indicator has not hit “extreme fear” since mid-August. According to Arthur Hayes, the former CEO of BitMEX, Bitcoin may drop below $50,000. On Friday, Hayes
With the Chang hard fork completed, the long-awaited Conway era has begun on Cardano. With this crucial development, the network took a giant leap towards complete decentralization. One major change is the inclusion of the CIP-1694 governance model, which gives ADA holders more say in network decisions via active voting.
Three Arrows Capital (3AC) cofounder Su Zhu recently wrote in an X post praising SOL’s prospects. As the Breakpoint event draws near, Zhu projected that the price of Solana would rise. To set the scene, Solana hosts an annual conference called the Breakpoint event where ecosystem experts get together to
Solana (SOL) finds itself at a critical juncture following weeks of heightened volatility and a 20% drawdown in late August. Despite multiple failed attempts to breach the $160 resistance level, recent shifts in market behavior and key technical indicators suggest a potential rebound may be on the horizon, rekindling optimism
Polygon’s recent migration from its native token MATIC to POL, completed on September 4, has failed to spark the positive market response typically associated with such upgrades. Instead, the network faces a series of challenges, including declining user activity and large holders offloading their tokens, which continue to exert downward
Cardano (ADA) finds itself at a potentially pivotal juncture as renowned analyst Dan Gambardello identifies a bullish divergence in its price action against Bitcoin, drawing striking parallels to a similar pattern observed in 2020. This technical formation has sparked speculation about a possible massive rally for ADA, reminiscent of its
In the early trading session Wednesday, the price of Bitcoin continued its precipitous decline from Tuesday, falling to a low of $55,555. As a result, Bitcoin and other major cryptocurrencies fell to levels not seen in a month. The worst time for global markets since the crash of August 5
In response to claims that the Solana network is not decentralized, Solana Foundation executive director Dan Albert argued during a Korea Blockchain Week (KBW) 2024 panel that the ability to coordinate a patch does not prove that the network is centralized. The capacity to coordinate the correction of a defect,
Chainlink (LINK) finds itself in a state of limbo, its price action tethered to broader market trends as it continues to move sideways. However, a potential breakout opportunity looms on the horizon, signaled by the convergence of key technical indicators, particularly the Bollinger Bands. LINK’s recent price history has been
Ripple’s XRP has embarked on a notable upward trajectory since the week’s commencement, signaling a resurgence in buying sentiment within the cryptocurrency market. This positive price action coincides with a significant technological development: the expansion of Ethereum-compatible smart contracts to the XRP ledger. This enhancement promises to unlock new possibilities
Cryptocurrency analyst Levi Rietveld has sparked intrigue in the digital asset community with his bold projection for XRP, drawing parallels with MicroStrategy chairman Michael Saylor’s ambitious forecast for Bitcoin. Rietveld’s analysis suggests that XRP could potentially reach $100, aligning its future with Saylor’s vision of Bitcoin’s dominance in the coming
Cardano (ADA) finds itself at a critical juncture as it emerges from a prolonged downtrend, with recent price action hinting at the possibility of a sustained rally. Despite a year-to-date decline of approximately 37%, ADA has surged 13.40% in the past week, igniting speculation about a potential long-term uptrend. The
Solana (SOL) has emerged as a focal point in the ongoing cryptocurrency market recovery, successfully reclaiming the $150 price level. As the altcoin approaches its critical resistance at $155, market participants are closely monitoring SOL’s price action for signs of sustained bullish momentum. The past 24 hours have seen SOL
Ripple’s XRP finds itself at a critical juncture as it approaches the upper boundary of a symmetrical triangle pattern that has contained its price action for the past month. This consolidation phase, characterized by converging trendlines forming key resistance and support levels, may be nearing its conclusion as recent market
Cardano (ADA) has had a decent 10% price surge over the past week. This upward movement has positioned ADA on the cusp of a potential breakout, with market participants closely watching for signs of another 10% gain that could propel the token beyond the key resistance level at $0.40. Since
Solana (SOL) finds itself at a pivotal juncture as the cryptocurrency market’s broader recovery begins to decelerate. Despite this slowdown, underlying sentiment remains cautiously optimistic for the upcoming month, with Solana positioning itself for a potential breakout run. As Bitcoin and other top altcoins hover near crucial levels, all eyes
Bybit launches Shariah-compliant crypto account, targeting Muslim investors seeking investment options in line with Islamic finance principles.
In a groundbreaking development, a Bitcoin developer known as Elraulito has unveiled a seamless bridge connecting Bitcoin and Cardano applications. This solution, built on Plutus V3, enables Bitcoin wallet holders to interact directly with the Cardano ecosystem, marking a significant leap in blockchain interoperability. The smart contract at the heart
XRP finds itself at a critical juncture as it approaches the culmination of a month-and-a-half-long symmetrical triangle pattern. Despite repeated failures to breach a key resistance barrier, the token now shows signs of potentially breaking out of this consolidation phase. This development has ignited optimism among traders, who are increasingly
The cryptocurrency market is always evolving. A major development recently took place with Solana (SOL). “Seeker,” Solana’s new Web3 mobile device, is poised to propel the network to the front of the digital era. A lot of people are talking about Solana’s new Web3 mobile device, Seeker. It is believed
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