Action Financial News
12.06 / 19:31
Twitter
Target
Action
week
Is BAYC losing significance with ApeCoin [APE] losing over 34% in a week
ApeCoin was one of the most anticipated launches this year. Now it is one of the worst-performing assets among the top coins. Furthering it is the consistent threat that has been looming over the Bored Ape Yacht Collection, with another possible attack on the way.
12.06 / 13:29
UPS
Action
Compound [COMP] is 13 months down, but will the 14th be the same
While the broader market’s bearishness has certainly impacted the price and growth of Compound [COMP], a significant contribution to the same also comes from decreasing demand. This is clearly visible when observing the on-chain statistics of the lending protocol.
12.06 / 12:59
Provident
Progressive
Action
Santiment
As investors dump LINK, take a look at the ‘chain’ reactions that triggered this
Chainlink was on a solid uptrend for the last two weeks before the broader market crash terminated the rally and brought the coin back down. The last 24 hours have been marked as the third time in this year alone that Chainlink’s attempts at recovery have been crushed by the bears.
11.06 / 21:39
Platform
Action
Pool
Santiment
recovery
Curve Finance [CRV]: Despite humdrum price action, is there hope for a recovery
Curve Finance is an automated market maker platform that is primarily designed to accommodate liquidity pools that contain similarly behaving assets, primarily stablecoins, or wrapped versions of similar assets. Simply put, it is a decentralized exchange (DEX) for stablecoins. The governance token for the DEX is regarded as Curve DAO Token (CRV).
11.06 / 15:55
Booking
Aware
Action
Santiment
recovery
Option
With AAVE sinking further and further, is recovery still an option anymore
The beginning of June did bring a ray of hope with the cryptocurrency market recovering from the bloodshed of May. However, as we enter the third week of June, the scenario of the market doesn’t look at its best. Considering the performance of AAVE, the has come down by more than 13% in the last 24 hours. Furthermore, it may also seem like the token might have achieved its mascot’s vision of spooking the investors.
11.06 / 01:15
Ethereum
Action
Remark
Decoding Fantom’s [FTM] latest whale trick for investors
Fantom has been in the news lately. It has been able to successfully woo the top Ethereum whales but its price action hasn’t been remarkable. The latest upgrades have also been well-received by the CEO.
11.06 / 00:43
SEC
Action
BNI
Lawyers
Lawyers predict FCA greenwashing crackdown after BaFin and SEC action
The ongoing greenwashing debacle surrounding DWS jolted the asset manager last week, after a dramatic twist that saw German authorities raid its Frankfurt offices, just eight days after the US regulators fined BNY Mellon for allegedly making misleading ESG claims.
10.06 / 15:13
10.06 / 11:41
Lowe's
Action
Support
NOT
Solana: Despite steady structural support, here’s why SOL is still not in the clear
Solana is back above $40.41 thanks to a bullish performance in the last few hours prior to this press. The cryptocurrency has been struggling to recover from its bearish performance which was largely influenced by its network woes.
10.06 / 01:31
Provident
litecoin
Action
LTC
How Litecoin [LTC] is reacting to news of delisting from Korean exchanges
Litecoin (LTC) is on the spotlight once again days after launching its Mimblewimble upgrade and for a related reason. Multiple South Korean crypto exchanges have reportedly announced plans to delist LTC.
09.06 / 22:53
UPS
Target
Action
Tron [TRX]: Why an extended rally depends on these conditions
Post a lift-off from the $0.066-support, Tron [TRX] has made an impressive advancement in the last three weeks. After matching its monthly highs on 1 June, the lower peaks coupled with higher troughs chalked out a symmetrical triangle.
09.06 / 19:35
Action
Will SAND’s upcoming resistance push it below its current price floor
If you have been closely watching SAND’s performance, you may have noticed that it consolidated into its current range. The $2.8 price level seems to be acting as a healthy price floor. However, that might soon be called into question now that the sideways price action is closing in on its descending resistance.
09.06 / 14:57
UPS
Action
Santiment
Time
Cardano [ADA] climbs, but will that make investors happy this time
Cardano is turning around its course of action after losing 85% of its value. The anticipation of the Vasil hard fork seems to be working its charm, and the third-gen cryptocurrency is making its way back up.
09.06 / 14:05
SEC
Action
BNI
Lawyers
Lawyers predict FCA greenwashing crackdown after Bafin and SEC action
The ongoing greenwashing debacle surrounding DWS jolted the asset manager last week, after a dramatic twist which saw German authorities raid its Frankfurt offices, just eight days after the US regulators fined BNY Mellon for allegedly making misleading ESG claims.
09.06 / 13:59
UPS
Waves
Action
testing
Are THETA’s bullish theatrics testing the gig of crypto twins
Cryptocurrencies have been stuck within a tight range for almost four weeks now. Every once in a while, we see some attempt to break out of the range and at press time it looks like THETA might be making that attempt.
09.06 / 01:35
Ethereum
ETH
Action
Bitcoin
Can Ethereum 2.0 encourage $350 million worth of institutional investment
June is important for two reasons for the crypto market. Firstly it marks the end of the second quarter, and secondly, the end of June will also mark the arrival of the Merge. The highly anticipated event is expected to be a turning point for Ethereum [ETH] and maybe for the ones investing in the token as well.
08.06 / 22:33
Blockchain
Binance
Action
Support
Is EGLD [Elrond] due for a major comeback after retesting structural support
EGLD just concluded the first week of June on a bearish note, after dropping by roughly 25% from end-of-May levels. A close look at its price action reveals that it is now trading at a critical support level that might be critical in the next few weeks.
08.06 / 19:37
UPS
Lowe's
Action
Shiba Inu: Shorting opportunities could arise if SHIB falls below this range
After constantly failing to sustain above the four-hour 20 EMA (red) and the 50 EMA (cyan), Shiba Inu [SHIB] continued to exhibit a bearish preference.
08.06 / 14:33
Blockchain
Binance
Action
Parke
Polkadot: Before parking money in DOT for 2022, read this
Let’s assume someone presents DOT’s daily price chart but only from mid-May to now. You would be mistaken to think that it is a stablecoin if you didn’t know better. This scenario highlights just how relatively inactive DOT has been for almost four weeks.
08.06 / 10:41
Digital
Action
Mobile
Will a new Japanese law allow seizure of your crypto?
According to reports, Japan’s Justice Ministry is considering revising an asset seizure statute connected to organized crime. This is expected to include a provision allowing crypto to be hijacked in such cases.
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.
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