City Santimentthe Financial News
10.05 / 20:35
Ethereum
BTC
CoinMarketCap
Bitcoin
Bitcoin: Could ‘Shrimps’ beat ‘Whales’ to invalidate bearish stance
The overall cryptocurrency market cap shed more than 6% and stood at $1.4T in value as per CoinMarketCap. Bitcoin, Ethereum, and other alternative coins suffered the same fate as the bloodshed continued to intensify. Bitcoin, the largest crypto, fell by more than 6% as it traded around the $31k mark, at press time.
04.05 / 20:39
01.05 / 20:19
Lowe's
XRP
Action
With over a billion XRP tokens transferred, are whales getting jittery
A bot designed to track on-chain XRP transfers observed multiple large transactions in the last 24 hours. This includes the two major transactions of 500,000,000 XRP each.
01.05 / 18:05
Blockchain
CME
BitMEX
Bitcoin
rate hikes
interest rate hikes
Are altcoins losing their luster amid fears of further interest rate hikes
The Federal Reserve would raise interest rates at its May meeting after it hiked rates for the first time since March of 2018. The nation’s central bank, is now, expected to lift the benchmark Fed funds rate by 0.5 percent, according to the CME FedWatch Tool.
30.04 / 23:21
Dogecoin
Twitter
Bitcoin
Doge
Assessing if ‘Dogecoin is a significantly better cryptocurrency than Bitcoin’
Two Doges are in a heated argument.
29.04 / 17:41
Ethereum
ETH
Platform
Santiment
500
ETH’s correlation to S&P 500 and ‘climbing’ whale transaction hint at…
The crypto market persisted in following the stock market closely over the years. In February, Ether, the second-largest cryptocurrency, moved in tandem with U.S. stocks like never before. Consequently, a 40-day correlation coefficient for the token and the S&P 500 topped at 0.65.
27.04 / 14:31
Lowe's
Action
FLEX
Low
Can higher low be the next probability for The Graph (GRT) investors
The Graph (GRT) achieved a new April low on 25 April at $0.32, allowing its price to extend its monthly decline past 40%. It quickly bounced back slightly over 20% from its new monthly low.
26.04 / 18:27
UPS
Ethereum
Lowe's
Ethereum Classic’s 40% bearish correction from March peak reveal increased…
Ethereum Classic has been on a shark bearish trajectory for almost four weeks and it managed to extend its downside by 40% on 25 April from its latest local top. ETC’s bearish pullback started after its 29 March peak which concluded an impressive bull run from mid-March.
26.04 / 12:19
Action
Bitcoin
Time
Bitcoin Cash: With accumulation outstanding, is it BCH’s bulls karaoke time
Bitcoin Cash (BCH) might be on the verge of a macro trend reversal. The cryptocurrency has so far delivered lateral price movement in 2022 with resistance near the $350 price level and support above $270.
23.04 / 23:31
Blockchain
Ethereum
ETH
Target
Ethereum: Despite breakdown below $3k, why ETH still holds upward potential
Ethereum price shattered in the previous days after crossing the holy $3500 barrier in early April. In the past 36 hours, the ETH prices have fallen below $3000 after anticipations of the FOMC got through.
22.04 / 01:23
Binance
Action
Align
Cosmos: All the reasons behind ATOM’s sustained weakness on the charts
Cosmos’ ATOM has so far registered a bigger selloff in April than its rally in March. In contrast, most of the other top cryptocurrencies experienced price correction but only by a fraction of their rally towards the end of Q4.
21.04 / 02:53
Lowe's
Binance
Monero
Low
ATH
XMR: From historic low to ATH, will Monero go mooning next
Monero has extended its bullish performance for yet another week and is currently closing in on its 2022 high at $278. The price retested that level on 12 April before retracing. XMR’s continued rally may result in another resistance retest, and a major potential retracement given its extended run.
21.04 / 00:43
Lowe's
Binance
Santiment
Is RUNE’s price potential in the short term healthy for investors
Thorchain, a popular DeFi protocol went through a rough patch following a series of hacks. These exploits resulted in mammoth losses of over $10,000,000. The native token,RUNE, likewise suffered massively.
19.04 / 22:37
UPS
Platform
NOT
The Sandbox: $400M investment or not, traders, eye these SAND metrics!
The crypto-grapevine today is all abuzz with news about The Sandbox [SAND] as both mainstream news channels and crypto-companies reported on the Metaverse project’s latest update. The air is thick with rumours, but in crypto, rumours are often more than enough to force dramatic price movements or user activity.
12.04 / 21:21
Action
Polkadot: A cup, a handle, and what’s next for DOT’s price action
Polkadot [DOT] entered a cooling phase in the first week of April after delivering a healthy bull run in March. However, zooming out reveals that it has been trading in a cup and handle pattern. This might help predict DOT’s price action over the next few weeks.
10.04 / 21:33
Lowe's
Digital
Action
THORChain: Bearish charts yet positive metrics, here’s what to do with RUNE
THORChain has seen better days, definitely. Back towards the end of October, it had rallied nearly 120% and recently over 200% due to the low base effect. But looking at the larger picture shows a slightly concerning situation for the coin. It attempts to solve a major issue in the cryptocurrency – primarily acting as a leaderless digital vault manager.
09.04 / 11:17
Provident
BTC
Bitcoin
NOT
Bitcoin: Three reasons why you should not be bearish in 2022
Bitcoin price might have crashed on 6 March and the short-term outlook could appear bearish, but the long-term outlook remains bullish as ever. There are three significant on-chain metrics that paint an uber optimistic scenario for BTC in the upcoming bull run.
08.04 / 01:45
UPS
Ethereum
ETH
Ethereum’s tale of increasing volume and decreasing price; here’s what it implies
Ethereum price has breached above the symmetrical triangle and is comfortably hovering above a stable support area with no signs of weakness. Despite the recent flash crash, the downside risk for ETH also seems to be capped due to a plethora of footholds. So, investors should not give up the smart contract token hitting significant psychological levels.
03.04 / 07:31
Ethereum
ETH
BTC
Bitcoin
BTC v. ETH: Can the ‘planet’s largest decentralized network’ surpass Bitcoin
There are competing factors that favor one cryptocurrency over the other. In the case of Ethereum, the blockchain’s smart contract capability has been the game-changer.
27.03 / 10:31
BTC
Santiment
Bitcoin
New data points to a renewed optimism in Bitcoin but there’s a caveat
Bitcoin saw a good rally which extended beyond $43k. After a brief retracement in the following 24 hours, BTC returned to the offensive and reclaimed $44,000. The uptrend continued in the past 24 hours, and the cryptocurrency reached and briefly exceeded $45,000, its highest price tag since 2 March.
25.03 / 06:19
Ethereum
SUN
Dreams
Solana gets its game face on, could it be ready to launch into the GameFi industry
Is Solana still the shining sun in the sky and Ethereum killer it was prophesied to be? No one knows for sure but a new partnership and some metrics reveal the latest details.
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