Is the Lightning Network’s Advance Supporting Bitcoin’s (BTC) Recovery?

The largest crypto by value, Bitcoin, saw a spectacular $60 billion recovery within a day after the crypto reclaimed the $30,000 mark. That meant a relief following nine successive weeks of plunges that had BTC extending its losing streak record. Amidst recovery, Bitcoin’s scalability partner, the Lightning Network (LN), got faster. The Lightning Struck Bitcoin … Read more

Shiba Inu (SHIB) Price Analysis: Reversals Inside Triangle Might Trigger 12.5% Decline

Shiba Inu’s 2-week consolidation printed a descending triangle formation. The canine-themed crypto retesting the resistance trend-line might catalyze another decline towards the lower neckline. However, to which side will the setup breakout? Vital Points Shiba Inu’s price narrows inside the triangle and might witness a significant breakout soon. The vortex indicator nears a bearish crossover. … Read more

Cardano (ADA): On-Chain Metrics Disclose Profit-Booking Spot for Holders

While the crypto community awaits the much-anticipated Vasil Hard fork, launching next month. The Cardano platform seems to have what it takes to keep its customers alert amid pessimistic market tendencies. Cardano Anticipated Change Cardano witnessed similar sensations shift in August last year when it launched smart contracts capabilities amidst the Alonzo hard fork. However, … Read more

Here’s Why Solana (SOL) Will Record Explosive Upsurges Beyond This Mark

Solana steadily moves towards the near-term target at $77. Enthusiasts can enjoy a 48% surge to $77.98, with a potential extension to $80. A 24hr candlestick closing under $44.91 will cancel SOL’s bullish thesis. Solana has had its price consolidating beyond a steady support barrier for around two weeks and gradually climbing higher. Patient market … Read more

Bitcoin’s (BTC) Color On May 22: Green or Red?

Bitcoin still appears to hide and recover from the somewhat exhausted bearish chase. Though the king crypto made several efforts to rally, the $30,000 mark proved challenging to crash. While publishing this content, BTC traded at $29,339. Nevertheless, Does Bitcoin plan to continue pleasing sellers or bulls regain their lost glory? Let us check what … Read more

11 May Crypto Prices: LUNA Drops 80% in 2 Days, SOL and SHIB Rebound

The cumulative crypto market capitalization hovered lower near $1.43 trillion, gaining 1% over the previous 24 hours. On the other side, the total crypto trading volume declined by 14% to $156.55 billion. Top large-cap cryptos rebounded today after the massive sell-offs that dominated the previous sessions. Nevertheless, the upswings stayed limited, indicating weak sentiments within … Read more

Bitcoin (BTC) Downside Intact, Bears Eye $32K

BTC kick-started massive plunges beneath the $36.5K and $35.5K zones. The crypto remained beneath the crucial $35K and the 100hr Simple Moving Average. The hourly chart shows a vital bearish trend-line developing with a $34.2K resistance (Kraken data feed). Bitcoin might dip further to explore the support at $33.5K in the short term. Bitcoin launched … Read more

Polkadot (DOT) Encounters Obstacles Following Upswings to $15.52 – Price Analysis

DOT Price outlook shows declines towards the $14.65 lows within the previous 24 hours. Polkadot meets rejection at $15.52. The current price oscillates near the support floor at $15. Polkadot price outlook presents bearish signals today, following a downward move to explore the $14.65 lows. Yesterday’s upswing towards $15.60 had enthusiasts expecting DOT to accumulate … Read more

Bitcoin (BTC): Evaluating Possibilities of Touching $372K Following Latest Retracement

Bitcoin has struggled within the previous six months. BTC’s sluggish performance kept most alts subdued. Moreover, the world’s dominant crypto has led the overall market down as all its recovery attempts encounter rejections almost immediately. The previous 30 days illustrate such developments. Bitcoin Price Action April remains the only month in 2022 to mark consistent … Read more

Philipp Plein Expects Clients to Make More Cryptocurrency Payments

Philipp Plein, a German fashion designer, predicted that cryptocurrency transactions might see its company generate up to $21m in revenue this year. Celebrated fashion designer, Philipp Plein, forecasts that more customers will utilize crypto when buying the firm’s products in 2022. He envisioned virtual coins to account for $15 million to $21 million of the … Read more