Volatility Increases As Bitcoin Whales Continue Acquiring Sub $40,000 Levels
Bitcoin (BTC), the world’s largest cryptocurrency, has been showing increased volatility around $40,000 levels. The BTC price has corrected 2.85% as of press time and is currently trading at $40,546 with a market cap of $771 billion. Whales have been accumulating during the recent price dip below $40,000, according to Santiment, and on-chain data sources. […]
Futures Market Displays Why Bitcoin’s (BTC) Recovery May Only Be Temporary
This week, Bitcoin (BTC) recovered from a one-month low, reclaiming a key support level as investor sentiment strengthened. However, the token’s forward trades displayed little bullish sentiment, implying that it may be headed for further losses. BTC has risen about 7% since its April lows, and was last trading around $41,000. Big traders amassing more […]
Here’s Why Cardano (ADA) Price Indicates Signs Of Higher Breakout
The price of Cardano (ADA) rose by more than 8% in the last two days, as the crypto market recovers from recent lows. Cardano traders are anticipating a breakout in ADA price from present levels as audience sentiment becomes optimistic for the first time since mid-November. The price has gained approximately 2% in the last […]
Crypto-focused Silvergate Bank reports excellent Q1 earnings, stock soars 14%
Silvergate Bank (NYSE: SI), a crypto-focused bank, reported excellent for the first quarter of 2022 on Tuesday, April 19. As a result, the bank’s SI stock experienced its biggest gain in more than a month. The Silvergate Bank (SI) stock jumped 13.21% on Tuesday, its biggest single-day jump since March 9. The SI stock concluded […]
Here’s Why ApeCoin (APE) Soars Over 20% To Near Record High
ApeCoin (APE), the native token on the Bored Ape NFT collection, soared to near record highs on Wednesday. The majority of its surge in the last 24 hours can be linked to speculations over founder Yuga Labs’ upcoming metaverse announcement. APE soared by 23% in the last 24 hours, approaching a record high of $16.47. […]