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Nidhi Kolhapur May 21, 2022

Bitcoin investors are still on the edge of their seats, waiting for indications that will determine how the current period of short-term consolidation will end. Within the capitulation, the market took a dive, with the top-ranked cryptocurrency falling from over $36,000 to as low as $25,485 during the week. A well-known crypto analyst is causing …

Nidhi Kolhapur May 21, 2022

Chairman of the Securities and Exchange Commission Gary Gensler voiced concern on Wednesday that the implosion of cryptocurrency terra (LUNA) and stablecoin terra(UST) will hurt additional crypto investors. After a hearing before the House Appropriations Committee, he informed reporters: “I think a lot of these tokens will fail … I fear that in crypto… there’s …

Nidhi Kolhapur May 21, 2022

Terra (LUNA) saw a complete and total implosion this week, which saw the price of LUNA drop from $62 on May 9 to less than a cent on May 14. Bloomberg reported on Friday that the UK’s financial regulator and finance ministry, the Treasury, will investigate the collapse of the Terra ecosystem’s crypto tokens while …

Qadir AK May 21, 2022

A well-known crypto strategist has revealed his next price goal for Bitcoin (BTC), which would defy the present bear market. Credible, a pseudonymous expert, claims that he will be bearish on Bitcoin one day, but not until it roars above $100,000 to complete an extended bull cycle. The expert then goes after those who forecast …

Nidhi Kolhapur May 21, 2022

During the recent cryptocurrency market bloodbath, Dogecoin and Shiba Inu saw huge price drops. Meme coins lost all of their gains and plummeted from all-time highs. In the midst of very critical conditions, the global crypto market made a small comeback. Over the last day, the overall crypto valuation increased by 3.44 percent.  In the …

Qadir AK May 21, 2022

Though the world’s first cryptocurrency, Bitcoin had reclaimed its $30,000 just a day before, the currency has yet again plunged below its $30k level trading around $28,000. This price action by Bitcoin has affected the altcoin lead, Ethereum as well which is trading around 1,500 range with a plunge of more than 4%. Meanwhile even …

Qadir AK May 21, 2022

Last week as the Terra blockchain collapsed, the turbulence was felt by the whole cryptocurrency market as the major cryptocurrencies collapsed to its lowest level of 2022. In a week, more than $30 billion in top stablecoins were redeemed as the TerraUSD (UST) de-pegged along with a temporary drop in Tether (USDT). Surprisingly, USD Coin, …

Sahana Vibhute May 20, 2022

Bitcoin in the recent past faced a notable death cross and since then the prices have dropped massively by nearly 40% until the press time. Death cross usually refers to 200-day MA levels crossing the 50-day MA levels in a daily chart and heading towards the south. Often, this event is considered pretty bearish which …

Sahana Vibhute May 20, 2022

Ripple (XRP) Price Analysis Ripple price after the recent market slash is swinging within very narrow regions pointing out towards a prolonged accumulation phase. However, the wave accumulation may continue ranging above and below the current pivot levels. And once the market conditions stabilize a significant upswing may compel the price to form higher highs …

Sahana Vibhute May 20, 2022

The popular memecoins, Shiba INU & Dogecoin are currently displaying a similar price action that could end up in an interim bearish trend. Both the assets are currently in deep trouble as the bearish pattern has been extended from the past a long time. And as the flip always gets nullified very quickly, the strength …

Delma Wilson May 20, 2022

As the cryptocurrency market is trying to move ahead with the recovery phase, Bitcoin and other major cryptocurrencies seem to be following the recovery trend. However, the cryptocurrency market saw a correction following a decline in US tech stocks and the S&P 500 in recent days. Over the last two months, the relation between Bitcoin …

Qadir AK May 20, 2022

As rising inflation and economic instability continue impacting the pockets (and lifestyle) of billions of people worldwide, Grand Time – an ecosystem of innovative Web 3.0 solutions – is ushering in a new era of the decentralized economy by allowing people to monetize their time. This community-driven platform aims to bring millions of people into …