This analyst relies on on-chain metrics to support a Bitcoin rally. Is BTC a buy now?
Bitcoin rose to $17,000 on Monday. InvestAnswers thinks BTC is about to become bullish based on realised value. The token faces resistance at $19,000 and 50-day MA. Bitcoin price (BTC/USD)…
Cardano predicted a further 60% decline. Does the price action show this?
Crypto analyst Benjamin Cowen expects ADA to fall another 60% The cryptocurrency has been on a downtrend since August amid growing on-chain activity ADA could claim lower levels If you…
This week in crypto: SBF explained FTX’s collapse in an interview
Key takeaways Sam Bankman-Fried granted an interview to explain the circumstances behind FTX’s collapse. Nexo and Gemini gain regulatory approval in Italy. NFTs are now live on the Uniswap network.…
Best exchange cryptocurrencies to buy this week
UNI and SUS are native tokens of the leading decentralised exchanges and have been performing well today. BNB is underperforming today but could rally higher over the coming days. The…
This week in crypto: Binance’s $1 billion recovery fund already has contributors
Jump Crypto, Polygon Ventures, and Justin Sun have indicated the desire to contribute to Binance’s recovery fund. Genesis could file for bankruptcy if it fails to get funding as FTX’s…
Has Uniswap become bearish after this price action?
Uniswap has declined by 6% in the past week. UNI has lost a key support. The cryptocurrency is bearish, but there are bullish signs. Uniswap (UNI/USD) has been under pressure…
LTC price soars by 35% this week: Is Litecoin a good investment?
LTC has been one of the best performers in the last seven days and could be set for more rallies over the coming hours and days. The cryptocurrency market is…
Avalanche is nearing $10. Why this could be an important make-or-break level
Celebrated DeFi platform Avalanche (AVAX/USD) is having a rough time this year. Having traded at a high of $150 in November 2021, it has failed terribly this year. From its…
This week in crypto: The FTX saga continues to unfold
Companies affected by FTX’s recent collapse are starting to come out, with bankruptcy filing currently underway. Numerous companies affected by FTX’s collapse FTX filed for chapter 11 bankruptcy last week,…
This week in crypto: FTX files for Chapter 11 bankruptcy
It has been a rollercoaster of a week, even for the cryptocurrency market standard, with FTX filing for bankruptcy. Crypto exchange FTX files for bankruptcy This is perhaps the most…