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cryptocurrency June 22, 2022

Ethereum hasn’t had a chance to recover ever since it began declining in November 2021. However, its investors haven’t lost the hope of witnessing a rally. Advertisements Notably, a possible recovery might not bring enough improvement for the king altcoin, given its investors’ recent actions. Ethereum back to $2k? Trading at $1155, Ethereum’s 13.15% rise […]

cryptocurrency June 21, 2022

Ethereum [ETH], the world’s largest altcoin, has suffered extensively in June. ETH fell below $1,000 for the first time in more than a year as the broader crypto-market continues to slide south with no quick remedy in sight. That being said, ETH might have one — thanks to the ‘much anticipated,’ but delayed, Merge. Advertisements […]

cryptocurrency June 20, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements As macro-economic uncertainties fueled market-wide corrections, the crypto-market’s capitalization plunged below $900 billion. Over the week, Ethereum [ETH] broke down into high volatility after losing its $1,700-support. The recent bearish engulfing has significantly tarnished […]

cryptocurrency June 19, 2022

More than $1 billion worth of digital assets were liquidated on 16 June in the face of the crypto crash. Moreover, around $480 million was wiped out on centralized exchanges over the past 24 hours. The major VC firm, Three Arrows Capital, closed $400 million worth of positions and hundreds of millions in additional loans […]

cryptocurrency June 18, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements USDT Dominance is a metric that measures the market cap of the stablecoin Tether as a percentage of the total market cap. This metric has risen from 5.7% to 8.13% in just over […]

cryptocurrency June 17, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Over the last five days, Ethereum [ETH] broke into a high volatility phase after its two-week squeeze near the $1,700 level. The ongoing pullbacks have substantially impaired the buying ability in the current […]

cryptocurrency June 16, 2022

The global crypto market cap has dropped by $369 billion in the past week. Ethereum [ETH], as it stands, took the biggest hit during the past week among the top 10 cryptocurrencies. But the question is- What conspired against ETH as it plunged to new lows on 15 June? Advertisements Welcome to the carnage For […]

cryptocurrency June 15, 2022

Just a week can completely change the entire outcome in the cryptocurrency market. A report posted on 7 June, revealed that digital assets witnessed inflows last week despite the bearish run. This inflow amounted to $100 million bringing the total assets under management (AuM) to $39.8 billion. Advertisements But, the said inflow didn’t stay for […]

cryptocurrency June 14, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Ethereum [ETH] investors were displeased after its inability to maintain a position above the basis line (green) of its Bollinger Bands (BB) for over two months now. The after-effects of the recent Bitcoin rally […]

cryptocurrency June 13, 2022

Over the past week, Ethereum [ETH] has noted its third-highest drop in 2022 after the May crash and the January dip. Simply put, it has been falling for the second consecutive month. Advertisements This 21.52% depreciation has killed the hopes of investors who were expecting a return to $3k by the end of the month. […]