Crypto-Analysis

As many companies inclining towards cryptocurrency as an investment, Apoorva Bellapu at Analytics Insight observes crypto tendencies in 2021. Since the cryptocurrency market had fallen a few days ago, the rush to invest in digital coins raises like never before. Everyone estimates that the market would correct itself in a while and that the prices…

According to a recent analysis by crypto news site Protos, non-fungible token (NFT) sales plummeted 90% since the record sales on May 3. Market data shows over 130,000 NFT sales in a single day, and 30 days later, NFT sales dropped more than 35% last month, reaching over 84,000. Since peaking on May 3, when…

Currently, the cryptocurrency market is clearly showing a decline in major coins, but among all this, a sudden drop, at about the same time, in many major stablecoins, clearly stands out At 13:30 UTC, major cryptocurrencies are bleeding, and the top 10 by market capitalization are seeing losses between bitcoin (BTC)’s 23% and binance coin…

The collapse of bitcoin was followed by the fall of the entire market, and today we will try to consider and analyze the reasons that led to this: How is this related to the ban of cryptocurrency in China? How Elon Musk influenced the situation and more And then, BTC crashed to almost USD 30,000,…

Judging by the Ether pattern, we can assume its possible decline After trending higher since January, a reversal pattern has formed on the chart. This means a new downtrend may be forming. When markets are moving higher the bulls are in charge. When they’re going lower the bears are in control. A reversal pattern is…

Strategic investor Lyn Alden is convinced Bitcoin has still the potential to reach $100K in the current bull cycle — despite growing uncertainty and increasing volatility. “We are seeing a lot of froth throughout the industry”, she said, referring to the latest rally in a number of meme coins such as Doge. “Those are kind…