The post Polygon (MATIC) And Terra (LUNA) Fast Approaching To “Opportunity Zones”! Time To Gobble Up?  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The broader crypto market cap has been generating consecutive higher lows since November. It is likely to retest the $1.62 trillion market cap to get a breakthrough to $2 trillion. Currently, as the majority of the traders are panic selling, opportunities come for those with patience and thorough market knowledge.  Moving value to average value …

The post Solana Set For Another Bearish Cycle! SOL Price To Dump More Than 20% appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The Solana price is more than 60% away from its ATH and the metric signifies that its loss of profits to competing cryptocurrencies is driving the latest correction. The past couple of months has been tragic for the crypto-verse. The wider crypto market cap has lost over $600 billion in market cap.  Specifically, Solana’s drop …

The post Bitcoin (BTC) And Ethereum (ETH) Price To Hit This Level By The End Of This Year !  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin (BTC) may have fallen short of the $40,000 mark, but this week’s advances have aided in the formation of a more meaningful breakout for underlying price strength. Over the previous day, the worldwide crypto market cap increased by more than 1%. Many people are thinking that another ‘crypto winter’ is on the way due …

Globally, cryptocurrency has never been in sharper focus.Following suit from a historic 2021 spanning El Salvador’s Bitcoin adoption to all-time high market prices,...

An exclusive DappRadar report explores the separation between NFT valuations and the crypto market during the selloff.

ARK invest claims both BTC and ETH market caps will reach $20 trillion by 2030 because the decentralized finance applications built on Ethereum are flipping the traditional financial service providers as we can see further in today’s latest altcoin news. A new report by Ark Invest claims that Ethereum’s market cap in the next few […]

Days after falling to a 6-month low, bitcoin rose for a second consecutive session, as prices slowly approached its key level of $40,000. Today’s gain in BTC comes as the global crypto market cap was 4.7% higher from yesterday’s session, as of writing. Bitcoin The world’s largest cryptocurrency hit an intraday high of $38,415.90 on […]

Think the current crypto market downturn is bad? Check out these Bitcoin crashes and bear markets.

Blockchain technology has proven to be a source of innovation, at first via cryptocurrencies, and now through numerous and various applications. Considering the past two years witnessed the global crypto market cap exceeding $2 trillion, investments in the field have been abundant, fostering the emergence of new blockchain projects with ambitious goals.  Some of these...

The post These Blockchain Trends are Projected to Dominate 2022 appeared first on Cryptoverze.

The post Cardano and Avalanche Will Steal The Show Once The Market Turns Bullish! But How? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The global crypto market cap of the cryptoverse has been on shaky grounds, with a weakening of its local supports. The heavy market crash which was not seen after March 2020, has wiped out over $400 billion in market cap in just 48 hours. With no significant gains in 2021, Bitcoin and Ethereum have lost …

Key Takeaways Solana suffered from network overload due to bots spamming the network again this weekend. The congestion prevented DeFi users from adjusting their...

Bitcoin, the top asset in the industry has noted a sharp fall in prices over the last 24 hours. At press time, the king-coin depreciated by almost over 9.7%. Bitcoin dropped its value by almost $7,000 and was exchanging hands at $38,233.95. This marked an almost six-month low for the coin. This price level is the lowest ever since the first week of August last year. Following Bitcoin’s price action, altcoins followed suit as a majority of them were seen trading in the red at the time of writing. The global cryptocurrency market cap was at $1.95 trillion after a considerable fall of about 7.7% over the past day. The global crypto cap hadn’t dipped below the $2.11 Trillion mark in over 3 months now. This major plunge in value across the broader cryptocurrency market had caused roughly $200 Billion to leave the market. Ethereum, which is the second-largest cryptocurrency in regards to market capitalisation also registered a tumble of about 8% in the last 24 hours. Related Reading |TA: Bitcoin Dives Below $40K, Why Bulls Could Struggle In Near Term What Could Have Potentially Caused This Big Dump The bears had taken over the market, however, it isn’t safe to assume that the market would continue with a bearish outlook just yet. This could also be a price correction from which Bitcoin and major altcoins might recover over the upcoming trading sessions. This retracement in Bitcoin’s prices from $43,000 could have happened for a number of reasons. Needless to say, crypto markets are volatile, however, current price movements of the major cryptocurrencies can be tied to a couple of recent developments in the crypto space. This sudden substantial sell-off in prices could have been caused due to stock market weakness after the US Federal Reserve introduced high-interest rates and tapered the stimulus. The Fed hiking the interest rates in the form of tightening the overall monetary policy has, in turn, affected the unregulated market of cryptocurrencies. The cryptocurrency industry has also suffered the pangs of other recent regulatory measures. The most recent one is Russia’s blanket ban which has rocked the global cryptocurrency market. Other regulatory measures which have been set in motion to curb the rapid growth of digital asset has also had negative effects on the prices. Securities and Exchange Commission has signaled at scrutinising cryptocurrency exchanges. Environmental factors have also raised eyebrows of regulatory bodies, European Securities and Markets Authority (ESMA) wishes for the EU to ban the proof-of-work model. All of the above-cited reasons have sent shock waves across the crypto industry causing the fear index to point at 19, a number that corresponds to “Extreme Fear” in the market. Related Reading | TA: Ethereum Nosedives, Indicators Show Signs of Larger Downtrend Bitcoin Price Analysis: Crucial Trading Levels to Watch Out For Bitcoin was priced at $38,233.95 after the coin nosedived close to 9% at press time. The asset flashed a death cross, which is considered to be extremely bearish in nature. The prices were beneath the 20-SMA line, indicating that sellers were responsible for driving the price momentum in the market. Source: BTCUSD on TradingView.com The Relative Strength Index hurtled as it reflected the excessive selling pressure in the market. Currently, Bitcoin’s RSI was hovering beneath the 25-mark which meant that the asset was oversold and undervalued. The support level for the coin stood at $37,982.40 and a push from the bears could make BTC trade at that aforementioned level. The Average Directional Index was near the 50-mark, implying a strengthening of the current price trend in the market. The resistance price level for the coin was $39,829.16. Featured image from The Motley Fool, chart from TradingView.com