XRP traded and closed above the inverse head and shoulders triangle’s neckline. Growing active addresses and declining prices formed a positive divergence. The crypto market is now in an odd situation. Bitcoin has a strong de-correlation with Ethereum and Cardano. While most people’s long-term bullish structures remain intact, the latest
Phoenix Global’s official token supply was lowered from 3.5 billion to 35 million. After the switch, the new PHB tokens traded 100 times higher than the old ones. According to CoinMarketCap, a relatively obscure cryptocurrency rose 5,600% in only four minutes on Nov. 5. Phoenix Global (PHB) rose from $0.02057
Currently, the price is growing due to parachain auctions. Polkadot is only accessible to those who win the auctions. The bitcoin market was hopeful for most of October, but it has subsequently dropped. So let’s see what’s going on with Polkadot and where it’s heading. The next Polkadot parachain auction
The entire crypto market experienced a bullish run for the past few days which is slowly draining out of energy. The bullish era for this term has come to an end with new heights from Bitcoin, Ethereum, and Shiba Inu. While other potential coins like Solana, Polkadot, and Ripple have
Altcoins are the recent attractions of the entire crypto market with unique developments and services. Even the new faced crypto tokens are grabbing the users attention in wide space. Besides, altcoins are the major reason for the huge market capitalization of the crypto market. To add more interest for the users,
The number of new Ethereum addresses has increased dramatically. Larger-cap cryptocurrencies seem to have struggled to keep up with star altcoin. As the crypto market continues to overcome obstacles, it has now reached the big altseason. After Bitcoin reached its higher high in the early parts of Q4, cash poured
With a flip, the meme coins have shown a small positive momentum. The resistance at $0.00008868 must be tested and removed satisfactorily. While the crypto market was struggling to recover from a disastrous September, Shiba Inu’s price soared. The quick rise from $0.00000843 to $0.00008834 drew several strong hands. During
Armstrong’s subsequent remarks have rekindled suspicions among the XRP Army. The SEC threatened to prosecute the publicly listed business for its unreleased Lend product. Coinbase CEO Brian Armstrong has backed Ripple in its legal fight with the SEC. However, Armstrong’s subsequent remarks have rekindled suspicions among the XRP Army that
The crypto market has achieved great heights in terms of popularity and adoption taking a major role in the future financial sector. Additionally, the crypto industry has taken its long bullish trend recently, where the charts of all cryptocurrencies were displaying greenish signals. On the other hand, meme-currencies were equally
The total market value of Shiba Inu soared to more than $51 billion last week. Ownership in Shiba Inu is primarily concentrated. Some 872,382 full wallets hold it, and the top 10 own almost 72% of the coin. Shiba Inu isn’t the first currency to raise concerns about significant concentrations
