Top Altcoin: On Sunday, the crypto market has been trading the majority as all eyes are set on the potential approval of Spot bitcoin ETFs. This could be a calm-before-the-storm situation as either result of this topic would like to trigger a massive move on the respective side. However, the current market outlook favors buyers […]

The week from January 1 to date was an eclectic one for the digital currency ecosystem with anticipation for spot Bitcoin ETF approval entering a whole new level. While the market suffered a major drawdown following a bearish report from Matrixport, there is a general calmness now with new capital flowing into the ecosystem. With […]

John Reed Stark, a former enforcement officer with the United States Securities and Exchange Commission (SEC) has labeled spot Bitcoin ETF applicants as “opportunistic cartels” that are trying to capitalize on a product that has no inherent value. John Reed Stark’s View of Spot Bitcoin ETF There are a few opponents of a spot Bitcoin […]

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 […]