Crypto analyst, van de Poppe, stated recently that BTC’s price is trending down and the analyst also analyzed other cryptos, including the AI altcoin FET. While discussing FET in his analysis, Van de Poppe referred to it as a strong token. Contrary to widespread expectations, the year has been a bearish season, with most digital currencies losing their 2021 gains in just a few months. Still, the… Source link

A prominent crypto analytics platform says that whale transactions centered around Litecoin (LTC) and the native tokens of Binance are drastically on the rise. According to the market intelligence firm Santiment, investors should keep an eye on Bitcoin (BTC) alternative LTC, Binance Coin (BNB) and BUSD, Binance’s proprietary stablecoin, as transactions valued over $1 million that include these digital assets are surging. “Litecoin whale transactions have been much higher than… Source link

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Godfrey Benjamin Amid strained crypto year, Monero (XMR) is leading charge among top privacy coins Monero (XMR) is currently trading at a price of $146.39, recording a 1.39% uptick over the past 24 hours. While it is notably being battered by the crypto winter as much as other cryptocurrencies, the tapering Fear, Uncertainty and Doubt (FUD) surrounding the coin as a privacy coin has helped its recovery in recent times. Its recovery becomes even more pronounced when its growth is placed… Source link

A leading crypto analytics firm says deep-pocketed whales are quickly accumulating Cardano (ADA) and Litecoin (LTC). Santiment says Cardano is likely undervalued given how much whales and sharks are grabbing it up. “Is Cardano severely undervalued at this point? One of santimentfeed’s key community members certainly sees data making this case, such as sharks and whales (holding 100,000 to 10 million ADA) accumulating aggressively these past six weeks.” Source:… Source link

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The Volume Profile tool highlighted heavy resistance at $147. The technical indicators showed bulls have some hope, so long as a critical level of support was defended. Monero faced stern resistance in the $150-$160 region since mid-September. The surge to $160 in early November was quickly reversed after the FTX implosion… Source link

The global crypto market has seen a trend of decline in value as the market continues to be turbulent. The continuing problems have kept the value of Bitcoin, Ethereum, and others declining. As the negative trend continues, there has been a significant decrease in the influx of capital. The market has faced turbulence over most of the year and hasn’t been able to recover from losses. Though there was a slight respite on Christmas eve, that has come to an end. Extreme weather conditions in… Source link

Moreover, some blockchain developers thought that OFAC, by sanctioning a smart contract, violated free speech. For those who believe Ethereum should be a “credibly neutral” platform, blocking off sanctioned transactions in any form amounted to a kind of censorship – even if, for now, those transactions can still find ways onto Ethereum’s ledger, albeit at a slight delay relative to other transactions. Source link

In this issue Terra: Crypto catastrophe FTX: Lessons to learn Ethereum’s Merge: In the sun Yuga Labs: Monkey business NTFs in China: Cat-and-mouse From the editor’s desk Dear Reader, If you feel as though you’ve lived 2022 in dog years, you’re not alone. The past 12 months have been a trying time for all in the crypto community as we’ve watched investors lose billions of dollars, once-feted crypto companies go to the wall, and digital asset values remain in the doldrums. There’s no… Source link

Closely followed crypto analyst Michaël van de Poppe says Litecoin (LTC), Polygon (MATIC) and Fantom (FTM) are positioned for rallies. The popular analyst tells his 643,300 Twitter followers that Litecoin will likely continue to move to the upside after a possible dip. He says Litecoin could increase by more than 22% from its current value of $68.71 at time of writing. “Litecoin shows strength, and probably will continue to show strength. I’m interested in the $69 range for… Source link