Cardano (ADA) Falls Below Critical Point, Why There Is More Pain To Come
[ad_1] Cardano (ADA) remains one of the hardest-hit cryptocurrencies even before the bear market was officially in full bloom. The digital asset which had seen returns higher than 1,000% during the 2021 bull run would eventually see almost the entirety of those gains wiped out. Despite this, it had...
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Why Bitcoin Miners’ Revenue Hits Lowest Point Since 2020
[ad_1] Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices in recent times. Moreover, the Bitcoin miners’ revenue has been on a downtrend since November 2020. Current Bitcoin Miners’ Revenue Meanwhile, BTC miners are experiencing...
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Floating Point Group Integrates ML Tech for Offering Algo Trading Strategies
[ad_1] Floating Point Group, which operates a cryptocurrency prime brokerage, announced its partnership with ML Tech, a non-custodial investment management and trading platform. With this, customers of FlowVault will receive access and monitoring of ML Tech’s Algorithmic Trading Strategies. Take Advantage of the Biggest Financial Event in London. This...
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Will The Bitcoin Short-Term Holder Breakeven Point Act As Resistance Again?
[ad_1] On-chain data shows the Bitcoin short-term holder SOPR is approaching the “breakeven” value, a point that has acted as resistance for the crypto’s price in the past. Bitcoin Short-Term Holder SOPR Surges Up And Approaches A Value Of “1” As pointed out by an analyst in a CryptoQuant...
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Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020
[ad_1] Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) price plummeted to $35,571 on Binance. The widespread weakness comes as traders have had more time to digest the recent half-point interest rate hike by the Federal...
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Ripple Getting Bullish, Positive Trends Point To A Solid Year For XRP
[ad_1] Today’s Ripple price analysis is rather cloudy, and analysts are expecting the market to reverse course near the $0.90 level. After being dragged down from recent highs, the XRP/USD pair may be on the verge of a new bottom. Ripple’s market value is increasing over the last several...
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