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Price Analysis
Axie Infinity (AXS): Monthly Player Count Dips to Lows Not Witnessed Since Nov. 2020
The P2E game Axie Infinity saw its monthly player count plunging to lows never witnessed since November 2020. That came after the project recorded NFT sales worth approximately $4.26 billion. Meanwhile, AXS, the platform’s native coin, seems unbothered with the lower gamer count, gaining around 62% against the USD over the past 30 days. AXS…
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Price Analysis
ADA and LTC Join ORBN in the Market Upsurge – Details
The previous year was a rough year for the crypto industry. But meanwhile, the storm is starting to turn. Three of the major digital assets, such as ORBN, ADA, and LTC, have witnessed growth over the past couple of weeks, and with ORBN finalizing its presale activities, the surge is only about to begin. With…
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Price Analysis
Hedera Hashgraph Price Forecast: Will HBAR Keep Outperforming the Market?
Hedera Hashgraph has gained approximately 73% in 2023. The upside move has gone almost vertical but engages with an enormous resistance zone. Breaching the trend might mean an early exit sign and catalyze a 27% drawdown. HBAR Recording Attractive Gains Hedera Hashgraph outshined nearly all assets in the crypto world in 2023, with the scalable…
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News
Will the Collapse of South Korean Blockchain Disrupt the Nation’s Crypto Space?
South Korea has a surging crypto market worth more than 200 billion dollars; the nation is home to around seven million customers and is the second largest after China in East Asia. However, the high adoption rate might be due to the volatility of the South Korean won and the strong digital culture. Conversely, the…
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Shiba Inu (SHIB)
Shiba Inu Developers Launch New Upgrade – What Next?
Earlier in the day, the SHIB developers’ team announced the introduction of the engineering of their layer-2 blockchain known as Shibarium. The layer-2 platform functions above the ETH blockchain, which is momentarily used by Shiba Inu tokens, LEASH, SHIB, and BONE. Its major trigger lies in its ability to balance the scales and enhance super-fast…
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Memecoins
Why Meme Tokens Shiba Inu and Dogecoin Were Soaring on Saturday
The two leading canine-themed coins perform well when the entire cryptocurrency space is hot. Improved market-wide sentiment saw SHIB and DOGE surging yesterday. What Happened? The crypto market uptick of the past few days stretched into the weekend as most leading tokens and coins extended their surges on Saturday. That was the meme coin industry…
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News
Miami-Dade Cuts Ties with FTX
One of the most populated counties in the United States, Miami-Dade, Home to Basketball legends, has nullified its affiliation with FTX following its collapse late last year. According to Miami Herald, a U.S. judge immediately terminated the contract between the parties. However, in early 2021, both parties agreed to a nineteen-year contract worth 135 million…
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News
Collapsed Crypto Exchange FTX Regains Over 5 Billion in Assets
“FTX has regained over 5 billion in assets.” one defense team member responded. However, a United States bankruptcy court received a report that the limit of losses to users is still unavailable. In addition, this action might have costed customers, investors, and creditors trillions. The former FTX Chief Executive Officer still pleads not guilty to…
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Polkadot (DOT)
Polkadot (DOT) Struggles Beneath $5 Despite Relief Rallies: What Next?
Polkadot (DOT) posted substantial price gains within the previous week following Bitcoin’s recovery tendencies. Most alternative tokens recorded upward moves amid enhanced market mood. Meanwhile, DOT has been battling the immediate obstacle of $5. DOT lost around 2% within the last 24 hours, and analysts trust the slight decline in demand triggered the dip. However,…
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Price Analysis
Emerging Bullish Setup Hints at 8.75% Surge for Theta Coin – Time to Enter?
The prices responded to over 21 days of consolidation with two bounce-backs from $0.715, confirming reliable buyer support. The dual retest formed a double bottom formation on the 24hr chart. Reactions to the double bottom formation would see breakouts from $0.8 resistance, triggering a potential 8.75% surge in THETA’s price. Meanwhile, buyer failure to sustain…
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