analysis

Assessing 1INCH’s prospects for growth over December

Source Node: https://ambcrypto.com/assessing-1inchs-prospects-for-growth-over-december/
Time Stamp: December 2, 2021 6:30 PM - Modified On: December 2, 2021 - Published By:
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1INCH has seen its own share of ups over the past few weeks. During the initial half of October, this coin rallied from under $2 to $4.5. It briefly consolidated after that for a week and then registered a mammoth green candle on its chart on 27 October. That very day 1INCH was briefly seen exchanging hands around the $7.7 threshold. The next couple of weeks that followed saw this alt shrink in value. At the time of this analysis, 1INCH was trading 56% lower than its aforementioned local high.

India Considering Registration, Taxation in Crypto Regulation

Source Node: https://beincrypto.com/india-considering-registration-taxation-in-crypto-regulation/
Time Stamp: November 19, 2021 10:01 AM - Modified On: November 19, 2021 - Published By:
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India’s government is planning regulations that could require coins to register before being listed and traded on exchanges.Sponsored Sponsored According to anonymous sources from Reuters, the process is intentionally cumbersome in order to deter investors from holding cryptocurrencies. Only coins that have been pre-approved by the government may be traded, with those holding other coins risking a penalty. This regulation would create a barrier of entry for thousands of peer-to-peer currencies if carried out. Another senior government source claimed that capital gains and other taxes, potentially amounting to over 40%,

Will ‘moon-magic’ power Ethereum’s flight past $4.5k in the days to come

Source Node: https://ambcrypto.com/can-the-moon-magic-aid-ethereum-cross-4-5k-in-the-days-to-come/
Time Stamp: November 19, 2021 10:00 AM - Modified On: November 19, 2021 - Published By:
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Less than two weeks back, the global crypto market had crossed the $3 trillion mark in capitalization. Owing to the recent ruckus, the aforementioned level, however, couldn’t sustain for long. After noting a 6% dip in just the past 24-hours, the market cap reflected a value of $2.47 trillion, at the time of this analysis. The highlighted downtrend has been led by large cap cryptos. Over the last seven days, all the top 10 coins have shed value in the 14%-20% bracket, with Ethereum being no exception. Financial astrology During

XRP, Litecoin, EOS Price Analysis: 19 November

Source Node: https://ambcrypto.com/xrp-litecoin-eos-price-analysis-19-november/
Time Stamp: November 19, 2021 9:30 AM - Modified On: November 19, 2021 - Published By:
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Market dominators Bitcoin and Ethereum noted double-digit weekly losses, at press time. Consequently, altcoins like XRP, Litecoin, and EOS corresponded by registering over 24% retracements in nine days. All these coins struck their weekly or monthly milestones on 10 November. After which all of them were in the correction phase and now showed signs of a possible recovery.  XRP Source: TradingView, XRP/USDT Since mid-October, XRP has followed a dynamic trajectory. After moving sideways for nearly two weeks, it oscillated within the ascending parallel channel (white). During this phase, XRP rallied

Several Altcoins Reach New All-Time Highs – Biggest Weekly Gainers

Source Node: https://beincrypto.com/several-altcoins-reach-new-all-time-highs-biggest-weekly-gainers/
Time Stamp: November 19, 2021 7:40 AM - Modified On: November 19, 2021 - Published By:
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BeInCrypto takes a look at the seven altcoins that increased the most during last week, specifically from Nov 12-19.Sponsored Sponsored These altcoins are: WAX (WAXP) : 67.30% The Sandbox (SAND) : 62.80% Crypto.com Coin (CRO) : 49.40% Avalanche (AVAX) : 28.60% Decentraland (MANA) : 26.78% IoTeX (IOTX) : 16.45% Enjin Coin (ENJ) : 6.73% WAXP WAXP has been moving upwards at an accelerated rate since November 11, when it bounced at the previous all-time high resistance at $0.48. In a span of only six days, WAXP increased by 106%. This

Avalanche’s AVAX Token Surges to All-Time High

Source Node: https://www.cryptonewsz.com/avalanches-avax-token-surges-to-all-time-high/
Time Stamp: November 18, 2021 8:14 AM - Modified On: November 18, 2021 - Published By:
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Avalanche has grown steadily this year and competes with Ethereum by developing its DeFi ecosystem. It is the fastest-growing smart contracts platform in the blockchain industry. It can be used to solve various problems in enterprises, institutions, and governments, including debt financing and asset insurance.  Avalanche was launched by Ava labs, which was founded by Emin Gun Sirer, a Cornel University Professor. It has integrated various Defi projects like Reef, bZx, SushiSwap, and Securitise. It is also collaborating with the Ethereum network, which will allow transfers of assets between two

Ethereum, Shiba Inu, VeChain Price Analysis: 18 November

Source Node: https://ambcrypto.com/ethereum-shiba-inu-vechain-price-analysis-18-november/
Time Stamp: November 18, 2021 5:30 AM - Modified On: November 18, 2021 - Published By:
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After a bullish rally in October and early November, last week saw a significant correction for most cryptos. Ethereum and Vechain registered double-digit losses over the past week. On the other hand, Shiba Inu has been on a steady downtrend for the past three weeks. Accordingly, near-term technicals for all the aforestated cryptos undeniably reflect a bearish bias. Ethereum (ETH) Source: TradingView, ETH/USDT Ether heightened in a slope between two parallel channels over the past seven weeks. The largest altcoin performed well after registering a 61% ROI from 22 September

Bitcoin Cash Falls above Historical Price Level May Hold Above $572 Support

Source Node: https://coinidol.com/bitcoin-cash-572-support/
Time Stamp: November 18, 2021 5:03 AM - Modified On: November 18, 2021 - Published By:
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Nov 18, 2021 at 10:03 // News The price of Bitcoin Cash (BCH) is in a downward correction as the price falls below the moving averages. Today, the cryptocurrency fell from the high of $720 to the low of $572. Currently, altcoin is moving above the current support of $572, which is a historical price level from October 11. In previous price action, BCH consolidated above current support to resume upward momentum. If BCH holds above current support, the market will also rise above the moving averages before retesting the

Reddit user discovers 61.3 million LRC moved to Loopring Exchange

Source Node: https://bitcoinerx.com/blockchain/reddit-user-discovers-61-3-million-lrc-moved-to-loopring-exchange/
Time Stamp: November 18, 2021 4:34 AM - Modified On: November 18, 2021 - Published By:
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Investors and market observers are speculating that a recent Loopring transaction is linked to a GameStop (GME) float.  On Tuesday, a deposit of 61.3 million LRC ($164.8 million) was made on the Loopring Exchange. In addition, the assets were transferred from layer 1 to layer 2. This transaction was discovered by a Reddit user u/Prof Dankmemes, who claimed that the address that initiated the transfer had “connections.”  The connection in question is said to have previously been linked to Loopring’s Chief Executive Officer and founder, Daniel Wang. This might be

Cardano Hovers above $1.80 Support as ADA Reaches Oversold Region

Source Node: https://coinidol.com/cardano-1-80-support/
Time Stamp: November 17, 2021 7:00 AM - Modified On: November 17, 2021 - Published By:
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Nov 17, 2021 at 12:00 // News The price of Cardano (ADA) has fallen below its moving averages, indicating further downside for the cryptocurrency. At the time of writing, Cardano is trading at $1.82. Today, ADA/USD is falling to the downside. If the price breaks below the support of $1.80 and the downward momentum continues, the market will fall to a low of $1.40. If current support holds against it, ADA will oscillate between the $1.80 and $2.40 price levels. The overriding resistance at $2.40 has not been breached since

The Sandbox (SAND) Reaches New All-Time High — Multi-Coin Analysis

Source Node: https://beincrypto.com/sandbox-sand-all-time-high-multi-coin-analysis/
Time Stamp: November 17, 2021 6:47 AM - Modified On: November 17, 2021 - Published By:
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BeInCrypto takes a look at the price movement for seven different cryptocurrencies, including The Sandbox (SAND). Despite the token reaching a new all-time high price, it has fallen back to an important support/resistance level.Sponsored Sponsored Bitcoin (BTC) BTC has been trading inside an ascending parallel channel since Oct 20. It was recently rejected by its resistance line on Nov 10 and began its current downward move. On Nov 16, it reached the support line of the channel and the $59,700 support area. It had previously deviated below this area on

Weekly Cryptocurrency Market Analysis: Altcoins Fail to Sustain Recent Rallies, Lose Strength on Bear Market

Source Node: https://coinidol.com/altcoins-lose-strength/
Time Stamp: November 17, 2021 6:00 AM - Modified On: November 17, 2021 - Published By:
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Nov 17, 2021 at 11:00 // News Cryptocurrencies failed to continue recent rallies as altcoins fell back to their previous lows. OMG Network lost all of October's bullish gains and became the biggest loser of the last 7 days. OMG Network Since October 4, OMG Network (OMG) has been trading below the overhead resistance of $18. On November 4, buyers pushed the altcoin to retest the overhead resistance. The cryptocurrency formed a bearish double top that led to a downside move. The selling pressure erased the bullish gains from October.