Why Cardano (ADA) Could Be Registering Another Decline, Analyst Explains
[ad_1] Cardano faces a new obstacle with the impending Vasil update. Analyst and futures trader Peter Brandt predicts poor performance for the coin based on current trends and projections. He recently tweeted on the present state of affairs for Cardano. “This is a fractal chart pattern called a descending...
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Crypto Exchange Upbit Operator Sees 47% Decline in Q1 Revenue
[ad_1] Cryptocurrency exchanges are now facing the wrath of the declining market sentiment. Dunamu, the operator of South Korean crypto exchange Upbit, reported the first quarter of 2022’s operating profit at 287.8 billion won ($232.75 million), which was a yearly decline of 46.9 percent. According to a report by...
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Cryptocurrency Mining Chip Producer Nvidia Reports Significant Profits After Decline
[ad_1] The American Chip developing company Nvidia attests to its dip in shares due to the CMP (Cryptocurrency Mining Process) sales decline. The company stated that its 52% decrease for its Q1 of “OAM and other” investments was because of the decrease in CMP sales. Nvidia stated this, as...
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Bitcoin Resumes Decline, Why BTC Could Revisit $35K
[ad_1] Bitcoin started a fresh decline below $40,000 against the US Dollar. BTC is gaining bearish momentum and could even drop to the $35,000 support. Bitcoin started a fresh decline below the $40,000 and $39,000 levels. The price is trading below $40,000 and the 100 hourly simple moving average....
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