City Santimentit Financial News

07.10 / 11:15

UPS Platform Strategy Decoding SushiSwap’s [SUSHI] unprecedented price growth

Golden Tree, an asset management firm, took a $5.3 million token stake in SushiSwap. Following this development, the SushiSwap token saw immense growth over the past 24 hours.

23.02 / 10:57

Provident BTC Bitcoin 500 Bitcoin [BTC] and S&P 500 part ways, where now for the king coin?

Bitcoin [BTC] had been leading the charge of the bullish sentiment surrounding crypto over the past few days. Due to its positive rally over the past few weeks, its correlation with the S&P 500 declined. Moreover, there has always been talk about how Bitcoin could act as an inflation hedge. This argument gained more credence as BTC decoupled from S&P 500.

14.10 / 07:59

BTC Lowe's Action Bitcoin Bitcoin’s supply distribution metric credits ongoing selling pressure to…

Bitcoin’s [BTC] ranging performance has demonstrated a healthy demand increase every time it approached $19,000. But this time demand has dropped despite retesting the same price. Let’s look at some of the factors that have accompanied this change and what it could mean moving forward.

05.10 / 20:03

Twitter Platform CoinMarketCap Doge Dogecoin’s [DOGE] trading volume rallies by over 400%, thanks to…

According to a securities filing on 4 October, Elon Musk sent a letter to Twitter declaring his intentions to follow through on his deal to buy the social media platform Twitter. The Tesla CEO also shared a tweet on the same.

04.10 / 19:50

BTC Lowe's Bitcoin Bitcoin: Here’s the case for an early Christmas in October for BTC holders

Is optimism around Bitcoin [BTC] and its holders seeing a solid foundation despite the daunting bear? Well, it certainly looks like the case. The overall supply on exchanges has dropped to extreme lows, as per data from Santiment. Here, it’s worth noting that the drop came at a time of wide-market sell-offs.

14.09 / 18:51

BTC Platform Bitcoin Time BItcoin [BTC] crashes down to $20k- Is it right time to go short

Bitcoin [BTC] took yet another enormous hit after the disappointing inflation news that was released on 13 September. The brutal Consumer Price Index (CPI) report eventually led to a nearly 10% crash for BTC on the price charts.

15.08 / 15:49

UPS Lowe's network MANA’s network activity could bring forth a shorting opportunity here

Every once in a while, cryptocurrencies go through a phase where volumes contract and prices are restricted within a narrow range. Well, MANA has been stuck in this phase since June. As a consequence, it has struggled to exit its bottom range.

12.08 / 23:33

Provident Lowe's Kucoin 1INCH might face short-term bearish retracement- Here’s why

The crypto market’s bearish performance in the first half of 2022 saw 1INCH extend its retracement from its all-time high (ATH) by as much as 93%.

04.08 / 12:49

UPS Binance Gap saga The DeFi saga of RUNE, LDO, SNX leave investors in awe

THORChain [RUNE], Lido Finance [LDO], and Synthetix [SNX] were the top performers on 3 August as the DeFi ecosystem steered the crypto market back to greens.

17.07 / 17:21

UPS Lowe's Monero Assessing the odds of Monero [XMR] retracing on the charts

Monero [XMR] is among the few cryptos that have seen healthy recovery from its 2022 lows. In fact, it is up by more than 44% from its $96.50 June low. Even so, its press time position seemed to suggest that a bearish retracement is imminent.

15.07 / 22:49

BTC Lowe's Bitcoin Bitcoin: Before you take long trades of BTC’s $20k breakout, read this

After rising to $22,000 on 8 July, Bitcoin [BTC] bulls have another reason to rejoice. The crypto king broke the $20,000 mark against all odds on 14 July.

09.07 / 19:39

UPS BTC Santiment Bitcoin Bitcoin: This is what traders can expect after BTC’s slow and steady comeback

Bitcoin [BTC] has managed to show some optimism among traders in the recent days. The king crypto is on track to record its largest weekly gain in the last nine weeks. This news comes after BTC’s worst quarterly performance that ended in June. Key metrics are further nudging Bitcoin in the right direction after stabilizing around $21,550.

08.06 / 10:01

BTC ETF Action Bitcoin ‘Undervalued’ Bitcoin [BTC] gets new profit-seekers in the form of…

The cryptocurrency market, at press time, was undergoing yet another correction period. The swift and bearish price action resulted in roughly $133 million in Bitcoin and Ethereum positionsliquidated as per CoinGlass. It goes without saying, this development has induced more fear amongst the investors.

12.05 / 18:23

Ethereum ETH Lowe's Ethereum: What’s the reason behind ETH facing the brunt of this recent crash

Ethereum has dropped to its lowest point since July 2021 in the aftermath of the latest crypto crash. Standing at $1750 at press time, Ethereum has plunged severely recently suffering a near 25% dip in last 24 hours. Experts regard the LFG sell-off as the major factor for this debacle.

06.05 / 03:29

UPS Bitcoin Cardano [ADA] stages a 10%+ rally but there’s something you should look out for

With Bitcoin and Ether finally turning green, it seems like the other alts were also exploring greener pastures. Yet, the market was still filled with fear and this has exerted its own influence over investors’ decisions. While the top ten coins saw intra-day rallies, one performer that surprised many was none other than Cardano [ADA].

03.05 / 04:21

Will Fantom [FTM] finally see a change in fortunes after Cronje-Nell departures

It’s hard to deny that the first quarter of 2022 really put Fantom [FTM] through the wringer. First Andre Cronje and Anton Nell, senior members at the Fantom Foundation, tweeted that they were leaving DeFi and crypto. FTM prices took the news hard. Although they recovered, they soon fell even lower in April and it’s time to look at the metrics to understand what’s going on.

30.04 / 13:23

Blockchain UPS Binance Waters Bitcoin ApeCoin [APE] swings to new ATHs and whales are going bonkers?

It’s a strange day for metaverse tokens, no doubt about it. On one end of the spectrum, there’s The Sandbox [SAND] which lost about 6.52% of its value in the last day. On the other end, however, there was ApeCoin [APE] which blasted rug pull theorists right out of the water as it hit never-before-seen highs.

13.03 / 04:27

UPS Action Bitcoin As shorting demand decreases, this is what Bitcoin has in store for investors

The price action of Bitcoin hasn’t witnessed much stability in the last few weeks. The constant fluctuation in price has frustrated the market to an extent where a section of investors is actually wishing that the price falls further down.

21.02 / 03:53

Target Reuters $8 or $58? 3rd or 7th? – What the ‘experts’ say about where Cardano will go

In 2021, Cardano was the third-biggest crypto by market cap, breathing down Ethereum’s neck. However, 2022 saw it in seventh place. To that end, Finder’s panel of fintech experts came together to predict ADA’s future price performance. The final estimate was well worth a read.

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