In the last Quarter, the trading volume for NFTs is estimated to be $11 billion. The U.S. Bank Introduces Bitcoin Custody Service. The Whitehouse is planning on an executive order to mandate various federal departments to evaluate and...
According to JPMorgan, institutional investor’s need to hedge against inflation is the cause of Bitcoin’s ongoing uptrend. Bitcoin is being considered by various institutional investors as an alternative hedge to gold. Trading at $53,878 at the time...
Tron has the simple goal of giving more power and benefits to the creators of online content. This is being done by reducing the control that the likes of Google have on content creators. While Tron is a...
China has made all cryptocurrency activities illegal in the country. The crypto market experienced signficant plunges yesterday following these news. The $40,000 zone is the level of immediate importance for all BTC traders. Everyone should be watching it. On...
Bitcoin and Ethereum have a strong positive correlation. The two coins share the same directional bias even from an intraday perspective. Since the plunge that happened on the day El Salvador declared BTC as a legal tender, the...
A double-tops pattern is a price action pattern formed when price fails to break through a previous high during an uptrend. If someone is holding a buy position while such a pattern is forming, it could be...
According to Solana’s official website, Solana can process roughly 50,000 transactions per second. This is tremendously fast compared to Bitcoin’s average 7 TPS and Ethereum’s average 25 TPS. Additionally, the network has an estimated transaction fee...
BTC has formed a double tops on the 1hr chart, which could signify a short-term retracement.   BTCUSD formed a double tops pattern on the 30min chart yesterday. Usually, this pattern represents an upside momentum exhaustion. This could be an...
For the last 24hrs, Dogecoin’s price has been stalling slightly below the $0.27 area. Earlier yesterday, price made a roughly 6.8% gain, which helped recover a significant part of Sunday’s 8.45% estimated loss. Price went as high as $0.265...
An overview. After recovering by roughly 55% in the previous 2 weeks, Ethereum made a 0.06 retracement on 3rd August. Within the past 2 months, Ethereum has tested the $1730 support zone twice. This shows that the level seems to have...

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