Analysis

The cryptocurrency space has been in a bear market for the past few months, with prices down by more than 50%. Fireblock’s Co-Founder and CEO, Michael Shaulov, has revealed in a recent interview that the bear market is for building.…
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Bitcoin (BTC) needs to go lower before putting in a macro bottom, one of the market’s most accurate indicators shows.Data from sources including on-chain analytics firm Glassnode shows Bitcoin’s MVRV-Z Score is almost — but not quite —…
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BNB faces bearish pressure at a key support level The token is down 68% from its ATH Crypto market under bearish momentum, BTC trades under $20,000. Binance’s (BNB/USD) has remained subdued amid an extended bearish momentum in…
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As bitcoin briefly slid under $19,000 and the market weakness continues, JPMorgan sees light on the horizon. Analysts at the banking giant believe that the current crypto deleveraging phase is at an advanced stage and might not be…
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The Unilend Finance price has gone parabolic as demand for the decentralized finance (DeFi) token rise. The UFT token rose to a high of $0.3560, which was the highest level since May 17th this year. At its peak, the coin was up by 190%…
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Bitcoin (BTC) has hit new record highs this week — not in U.S. dollar terms, but against its longtime competitor, Bitcoin Cash (BCH).Data from Cointelegraph Markets Pro and TradingView confirms that on June 29, BCH/BTC officially set its…
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Steem price has made a strong comeback in the past few weeks. The token jumped to a high of $0.2500, which was the highest point since June 11th. This price was about 64% above the lowest level this month. It has a market cap of over $93…
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Albania is reportedly planning to tax income generated from crypto assets from 2023, according to a new draft law. Exit News reported that the tax draft will become law by end of this year, making way for a new crypto taxation regime…
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The cryptocurrency market seems to have found the bottom and is on a rebound. The total cryptocurrency market has jumped by 4% to $964 billion in under 24 hours. If the current momentum continues, the market could push through the…
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Bitcoin hit a 2022 low at $17,580 on June 18 and many traders are hopeful that this was the bottom, but (BTC) has been unable to produce a daily close above $21,000 for the past six days. For this reason, traders are uncomfortable with…
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