Analysis

The cryptocurrency market is yet to kick the ground running this week and could end the week trading in the negative zone. The cryptocurrency market has been underperforming since the start of the week. Over the last 24 hours, the…
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Animoca has doubled its valuation after raising $75 million in a funding round that began back in Jan. The firm says it will use the funds to continue its plan of aggressive expansion. Animoca, a leading investor in the metaverse,…
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Cronos, a layer-1 blockchain built on Cosmos SDK, has announced a partnership with Covalent. The partnership comes as a relief for developers who are willing to venture into the Web3 innovations. The partnership aims at simplifying…
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Bitcoin (BTC) starts another week in a precarious position near $20,000 ahead of fresh macro upheaval.After admittedly sealing its best week’s gains since March, the largest cryptocurrency is struggling to hold onto its…
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Pump and dump schemes have become relatively popular in the cryptocurrency industry these days. It has become so common to see coins surge for no single reason and then crash in the following day. Notably, these regular pumps have…
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Authorities in Texas and Alabama are widening their inquiry into the collapse of crypto-lending companies, Voyager Digital and Celsius Network. According to a Bloomberg report, the inquiry of the state regulators is tailored toward…
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Litecoin price is in a consolidation phase as investors wait for the next key catalyst. It is trading at $51.87, which is about 28% above the lowest level in June. Its market cap currently stands at $3.67 billion, making it the 21st…
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Bitcoin (BTC) is due to give a definitive signal that a macro bottom is in this month, one analyst has concluded.In a Twitter thread on July 6, popular commentator Wolf eyed key moving average data as proof that BTC price action will not…
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The cryptocurrency market has performed positively for the third consecutive day this week. The cryptocurrency market is performing positively after adding 1% to its value in the last 24 hours. The total market cap remains above $900…
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Turkey’s inflation rate has hit its highest level in 24 years, with the annual inflation rate now at 78.62%. The Turkish Statistical Institute published the figure, with the monthly increase being 4.95%. There are several reasons why…
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