Bankrupt crypto lender Celsius Network has initiated legal proceedings against Tether, the company behind the USDT stablecoin. The lawsuit, which was filed concerning a contract dispute dating back to 2022, alleges that Tether violated their agreement by unjustifiably liquidating 39,542.42…
Category: Crypto Analysis
Bitcoin Exchange Outflows Soar To Yearly High – Could This Fuel A Return To $70,000?
The recent slide in price of Bitcoin below the $60,000 threshold, followed by a subsequent drop below $50,000, might finally be showing signs of reversal, as suggested by the latest buying trends. These trends indicate a strong accumulation phase among…
Dogecoin Major Metrics Fire Bullish Signals, Can Price Cross $0.5
Dogecoin has shown a remarkable recovery over the past five days after a significant downturn triggered by a broader market sell-off. During the first five days of August, the cryptocurrency experienced a sharp decline, plummeting by 38%, dropping from $0.1348…
Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000
Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to this indicator, the $62,000 price level has become crucial to Bitcoin avoiding another price crash. Cowen noted in…
Ethereum Open Interest Drops 40% In August – What’s Happening?
Several large-cap assets, including Bitcoin and Ethereum, struggled to make a mark in the past week, as the general market suffered a steep downturn in prices. According to various analyses, the market was negatively impacted by some recent macro developments…
XRP Price Enters Wave 3, Crypto Analyst Puts Top At $36.76
Crypto analyst Dark Defender provided an in-depth analysis of XRP price action using the Elliot Wave Theory. In his analysis, the analyst revealed what to expect from the crypto token and where its price is eventually headed. XRP Could Rise…
Analyst Says Dogecoin Price Will Surge 2,500% To $2.55, Here’s When
Following its price surge in 2021, Dogecoin has become one of the most sought-after cryptocurrencies, with many expecting a repeat of this performance. Since then, the Dogecoin price has failed to surge, leaving investors wanting more. However, this period of…
Fantom Q2 Performance: Financial Metrics React To Sonic Blockchain Anticipation
The Fantom blockchain saw mixed performance in the second quarter (Q2) of the year, with key financial metrics cooling amid the broader cryptocurrency market downturn and the Fantom Foundation’s announcement to rebrand as Sonic Labs, according to a new report…
Toncoin Rally Above 4-Hour 100-Day SMA Puts TON On The Path To $7.6
Toncoin (TON) has gained significant upward momentum, recently breaking above the 100-day Simple Moving Average (SMA) on the 4-hour chart. This bullish move signals strong buying interest that could potentially put the crypto asset on the path to the $7.6…
Experienced Ethereum ICO Investors Purchase Mpeppe at $0.00107, Here’s Why
The world of cryptocurrency investment is ever-evolving, with seasoned investors always on the lookout for the next big opportunity. Recently, Ethereum (ETH) ICO investors have been turning their attention to a new and promising player in the crypto space: Mpeppe…