Over the past five weeks, the Bitcoin price has been highly volatile indicating the market participants are waiting for the approval of spot Bitcoin ETFs. Despite making notable swings in the daily chart, the price movement is confined within a channel pattern projecting a shallow recovery. Here’s how this pattern could foretell the near-term future […]

Shibarium, the Shiba Inu-backed Lyer-2 scaling solution is seeing its transaction count slump in a waning adoption on the network.  Shibarium Transactions Trend Change According to data from the Shibarium Explorer, daily transactions are now pegged at 5.69 million, down from the general average of 7 million over the past month. The data shows a […]

The Polygon NFT volume has outranked that of Solana (SOL) in the past 24 hours. According to data from CryptoSlam, the popular Ethereum-based Layer-2 scaling protocol now ranks in the third position after Bitcoin (BTC) and Ethereum (ETH), sending Solana to the 4th position. Interesting Polygon NFT Figures CryptoSlam data shows that Polygon has recorded […]

XRP Price Prediction: The fifth largest cryptocurrency XRP has been highly volatile for the past two months projecting no dominance from buyers or sellers. Despite making notable price movements to show no commitment to a particular direction. However, this sideways action has adhered to two converging trendlines which indicates the formation of a symmetrical triangle […]

The anticipation for spot Bitcoin ETF approval from the United States Securities and Exchange Commission (SEC) is at an All-Time High (ATH) with analysts finding a limited number of reasons why the market regulator will reject the product at this time. Odds of Spot Bitcoin ETF Rejection According to Bloomberg’s top ETF analyst, Eric Balchunas, […]

Crypto Price Prediction: On Sunday, the crypto market showcased a neutral sentiment making no major leaps in either direction. This sideways action could be ‘calm before the storm’ as market participants are eagerly waiting for potential approval of spot Bitcoin ETFs. As reported by Reuters on January 6th, Regulators and exchanges have been diligently working […]

Polygon price prediction: MATIC price is encountering supply pressure around the psychologically significant $0.8300 mark. Over the past week, the coin’s market value has dipped by 14%, with bears exerting downward pressure. The current falling price suggests the possibility of a breakdown below the lower support trendline of a rising wedge pattern, putting MATIC at […]

There is one common factor between the Bitcoin halving event and the leap year – both happen every four years. The first Bitcoin halving event took place on November 28, 2012, and set the course for Bitcoin price surge in the following months. Even though the Bitcoin price was just around $13, it increased significantly […]

American investment banking giant, BlackRock Inc is reportedly set to lay off a total of 3% of its workforce in a major shakedown reminiscent of the 2023 mid-year layoffs.  BlackRock Layoffs Amid Potential Spot Bitcoin ETF Approval According to Fox Business Network’s Senior Correspondent Charles Gasparino, the banking giant is bound to announce the layoffs […]

Azuki, one of the most popular NFT collections, on Saturday, followed and shared Weeb3 Foundation’s tweets on platform X. Prices of the NFT collection saw a quick upsurge right after the move. The prices saw a 33.3% increase due to expectations surrounding the upcoming Azuki token.  Azuki follows Weeb3 on Twitter, Shares a series of […]