City Santiment Financial News

23.03 / 22:35

Blockchain UPS litecoin LTC Bitcoin Assessing Litecoin’s bounce, social supremacy, and everything in between

Litecoin [LTC] separated itself from the broader market fall after the Fed decision ended in an interest rate increase. The decision may have negatively affected Bitcoin [BTC] , and several others, but LTC was able to pick out a 13.78% uptick as its own repercussion.

23.03 / 21:37

ETH Booking Is Solana’s [SOL] FUD justified? According to these analytics…

In the past 12 months, Solana [SOL] has faced significant scrutiny from the cryptocurrency community, largely due to issues with downtimes on its network. However, if recent data is to be believed, some of the negative attention may not be entirely warranted.

23.03 / 11:41

Provident Ripple XRP Extreme Ripple: How XRP is moving beyond legal woes to benefit investors

Ripple (XRP) has been the subject of litigation for years, and only recently has it looked like an end might be in sight. Despite the ongoing legal battle, activities on the Ripple XRPL have not stopped. Various features are also being developed to give XRP more utility.

23.03 / 04:39

Blockchain Ethereum Ripple Maxim Action Decentraland How Cardano [ADA] shrugged off losses, extended growth hike across board

After enduring a long period in red, Cardano [ADA] investors finally had their day of respite. At the time of writing, the native token of the Proof-of-Stake (PoS) blockchain registered a 9.14% uptick in the last 24 hours. Only Ripple [XRP] outperformed it out of the top 10 cryptocurrencies in terms of market capitalization.

23.03 / 03:39

Ethereum BTC Platform CryptoQuant WBTC BTC and wBTC whales are signaling to HODLers: Should you harken

This week has seen a significant influx of Bitcoin [BTC] whales as the price of BTC continued its ascent. Yet, the growth in whale behaviors did not originate with Bitcoin on the network alone, but rather with wrapped versions on other networks. The present upswing has also shifted the playing field for long-term investors.

22.03 / 23:49

Compilation Can Optimism [OP] repeat its 9 February performance in 2023? Analyzing…

On 9 February, Optimism [OP] experienced a sudden and dramatic increase in its network growth and the number of active addresses. This trend first appeared to be the new norm for the network. However, a significant correction has occurred, and OP appears to be uncoupled from these indicators.

22.03 / 21:11

UPS Platform CoinMarketCap settlement CEL surges court approval CEL surges as Celsius settlement gets court approval, details inside

On 21 March, cryptocurrency lending platform Celsius Network [CEL] received approval from the bankruptcy judge overseeing its bankruptcy case for a settlement agreement between the company, its debtors, the official committee of unsecured creditors, an ad hoc group of custodial account holders, and any non-withdrawal custody account holders.

22.03 / 19:35

Blockchain SEC CEO CoinMarketCap Evaluating SushiSwap’s [SUSHI] renewed tenacity amid possible tribulation

Between 21 March and the time of writing, activities on the SushiSwap [SUSHI] protocol remained increasingly steadfast. Surprisingly, this has been the case despite a recent revelation that the Automated Market Maker (AMM) could face the wrath of the ever-lurking SEC.

22.03 / 15:47

markets Cardano Federal Reserve banking interest rate Bitcoin Price Cardano price Why is Cardano price up today?

Cardano (ADA) rallied to its best price level in a month as cryptocurrency investors prepared for the Federal Reserve's looming interest rate decision.

22.03 / 13:55

Dogecoin Provident Twitter CEO Bitcoin Doge Why DOGE traders remain high-spirited despite recent let down

During the last bull market, a simple mention of Dogecoin [DOGE] by Elon Musk would have resulted in a quick uptick for the memecoin. However, the reaction seems to have slowed down in recent times even as the Twitter CEO remains a big admirer of the project.

22.03 / 13:55

Gap Bitcoin Analyzing Bitcoin’s [BTC] unprecedented rally and market reaction

Bitcoin [BTC] has been on an unprecedented upward trajectory recently, and the entire crypto market has followed suit, or at least to a large extent. Though a price increase is welcome news, restoring investors’ faith is a different matter entirely. These measures reveal traders’ reactions to the press time price movement.

21.03 / 22:33

Ethereum Twitter Action CoinMarketCap Decentraland Rescue As Polkadot [DOT] feels bearish pressure, development activity to the rescue?

Polkadot [DOT] outperformed its competitors in terms of development activity. On 21 March, popular Twitter account ProofofGitHub revealed that DOT topped the list of cryptos by daily development activity.

21.03 / 21:47

markets Grayscale retail Whale Bitcoin Bitcoin Price Bitcoin holds $28K due to spot buying, but institutional investors are still selling

Bitcoin’s (BTC) price broke above the February 2023 highs of $25,200 after U.S. inflation data was in consensus with the market expectation. The potential fallout of the global banking system further promoted Bitcoin investment as a non-correlated global hedging instrument similar to gold in March. The correlation between gold and BTC has been rising since the start of the month.

21.03 / 21:37

Provident Bitcoin Bull run Bitcoin [BTC] holders cheer the bull run, but is there more to the story?

The recent bull run in the crypto space has brought all eyes to Bitcoin [BTC], with its soaring prices generating profits for both long-term and short-term investors.

21.03 / 19:39

Provident Lowe's Action Shiba Inu SHIB whales move $276 million off exchanges, what’s next?

Since Shiba Inu’s [SHIB] price increased in January, it has gone through a period of fluctuating gains and losses. Despite the ebb and flow of the SHIB pricing, a wallet recently made several withdrawals, totaling a significant amount of the currency.

21.03 / 15:05

Platform CoinMarketCap Future Blur’s [BLUR] future turns uncertain as concerns around wash trading surface

The ghost of wash trading came to haunt the Non-Fungible Token [NFT] market yet again. For the fourth consecutive month in February 2023, the total NFT wash trade volume across different marketplaces increased, as per a report by CoinGecko. The total volume in February jumped 126% to $580 million from the previous month’s volume of $250 million.

21.03 / 13:43

UPS Provident Target Threat Is Arbitrum Network’s [ARB] rapid growth under threat from hackers?

Arbitrum [ARB] has been experiencing a significant surge in activity lately due to the upcoming ARB AirDrop. While this has undoubtedly been great news for the network and its users, it has also opened up an opportunity for hackers to target unsuspecting victims. According to Arkham Intelligence, over 2400 accounts have already been compromised.

21.03 / 03:49

Ethereum ETH Platform Ethereum [ETH]: Assessing if sliding fees can hasten relay to $2k

Holders of Ethereum [ETH] savored the surreal rise of the cryptocurrency over the last two weekends. Because of the hike in value, the demand for the altcoin king significantly increased even as the price touched $1,800.

21.03 / 00:41

COST UPS Binance CoinMarketCap Chainlink [LINK] initiates new bull cycle: All you need to know

At press time, Chainlink [LINK] appeared poised for a rally in the coming days, as an assessment of price movements on the daily chart revealed an increase in buying momentum.

20.03 / 10:39

Ethereum Provident Action NEM What’s behind Polkadot’s [DOT] rising development activity? Looking into…

Compared to chains like Ethereum [ETH], Polkadot’s [DOT] rate of development activity remained high over the last week. While this may not imply much on its own, it may provide insight into the future of both DOT and the Polkadot, when combined with other indicators.

20.03 / 03:41

Blockchain Binance Digital Solana: Unique contracts deployment registers an increase, thanks to…

The Solana outage, which occurred not too long ago, revived debates about issues plaguing the network for a while. Recent smart contract deployment data, however, shows that Solana is still seeing a decent number of deployments despite these obstacles.

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