After soaring past $82,000 earlier in the week, Bitcoin briefly fell below $79,000 before recovering close to $80,000. Analysts say the selloff was not a random occurrence but the result of three simultaneous pressures weighing on the market. What On-Chain Data Indicated Before the Drop Warning signs appeared well before prices moved. On-chain analyst Easy … Read more

Bitcoin has recovered in a V-shaped move over the past 48 hours Bitcoin is now trading at a key resistance level around $38,165 If the $38,165 level is broken, $40,000 per BTC is possible within the next 24 hours Bitcoin (BTC/USD) is staging a recovery after forming a V-shaped rebound from $32,800 on January 24, … Read more

Despite a modest recovery, the cryptocurrency sector remains constrained by the prevailing bear market. Ripple’s XRP, which was hit hard in the recent correction, faces renewed downside risk and could fall below $1 in the short term, according to a widely followed analyst — a move some see as a strong buying opportunity for long-term … Read more

BlackRock CEO Larry Fink Says Bitcoin Could Become a Widely Accepted Store of Value Laurence Fink, chief executive of BlackRock—the world’s largest asset manager—said the cryptocurrency sector has not yet matured, but that Bitcoin (BTC) has the potential to evolve into a widely accepted store of value. Speaking in an interview with Bloomberg, Fink emphasized … Read more

Pi Network’s native token has experienced notable volatility recently, driven by team updates, community developments, and market speculation. Meanwhile, Ripple’s XRP has lost value over the past week, and recent whale behavior raises concerns about further downside. In another corner of the market, an anonymous trader realized huge gains after selling a portion of a … Read more

Pudgy Penguins hints at a recovery with a parabolic price curve. Brett races toward a $1 billion market capitalization. Trump’s token stabilizes as resistance near $16.50 comes into view. The memecoin market is experiencing a strong upward shift in momentum, tracking broader gains in Bitcoin as its price approaches the $100,000 milestone. The sector has … Read more

The French startup Sneakmart will bring its Metakicks NFT sneakers into the Metaverse in 2022. These NFTs will allow users to unlock a range of digital benefits and customize their virtual avatars, according to a company press release obtained by CoinText. A vision for the Metaverse Sneakmart’s vision for the Metaverse is to tokenize real-world … Read more

OMG was listed in the OMG/USDC pair on Bitrue yesterday, triggering a rapid rise in the native token of the OMG Network. The coin, ranked 99th by market capitalization, is trading at $4.42. This short article explains what OMG is, whether you should consider buying it, and the top places to purchase OMG today. Where … Read more

Changpeng Zhao explained that word-of-mouth plays a larger role than advertising in accelerating user adoption The CEO of Binance, Changpeng Zhao, said in a recent interview shared by CNBC that he does not expect increasing advertising restrictions from regulators to slow cryptocurrency growth. Zhao noted that crypto advertising is a relatively recent phenomenon and that … Read more

Celsius’s DeFi division, CelsiusX, aims to bridge the gap between CeFi and DeFi by building the right infrastructure. One of its initiatives is to create a wrapped token platform that unlocks cross-chain liquidity between otherwise isolated blockchains. Challenge: Building a cross-chain wrapped token platform Developing this type of wrapped token platform faces several challenges: Preventing … Read more