Crypto-Analysis

This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin. While the price action from Dogecoin (DOGE) has dominated the headlines…

Dogecoin (DOGE) underwent a strong bullish run last week to reach new highs at over $0.70, before experiencing a fall in price as sellers looked to book profits at the time of Elon Musk’s appearance on Saturday Night Live (SNL). The pricing-in of the event took place at a time of massive volatility for the…

Bitcoin price gained pace above USD 59,000, but it failed to extend its move to USD 60,000. BTC started a downside correction and traded below USD 58,500. It is currently (12:20 PM UTC) holding the USD 57,500 support and it still might rise again to test USD 60,000 in the near term. Besides, most major…