Monat: März 2023
LINK Bulls Face Tough Resistance, Can Bulls Overcome?
• Chainlink [LINK] made an impressive recovery in the past few days, surging from $6.895 but hitting a confluence of key supply zone and ascending trendline. • If bulls don’t exit their positions, LINK could appreciate to $7.876, but must defend the $7.27 support to block bears from denting the bullish sentiment. • Despite the…
Read More1/3 Crypto Owners Have Had Assets Stolen: Kaspersky Report
• Kaspersky published a report that looked at the threats surrounding crypto and its users. • One-third of the 2000 American adults surveyed revealed that they had their crypto assets stolen, with an average value of theft over $97,000. • The most popular form of protection among respondents was multi-factor authentication offered by their exchange…
Read MoreCardano [ADA] Price Range Trading: Bulls Have Limited Leverage
• Cardano [ADA] saw aggressive buying at the $0.3020 lows, pushing its price past key resistances as Bitcoin [BTC] surged to the $26k area. • BTC’s price action will determine ADA’s price direction in the coming days/weeks, with a bullish breakout possible if BTC maintains the $24k level and surges. • Bulls had slight leverage…
Read MoreOptimism [OP] Price Uptick & Goerli Node Upgrade: What’s Next?
• Optimism [OP] recently released a new update for its Goerli nodes ahead of the Goerli Regolith hard fork. • OP’s price registered an uptick and was one of the top gainers over the last 24 hours. • On-chain metrics and market indicators supported the market’s bears too. Optimism Releases Update Ahead of Goerli Regolith…
Read MoreWhales Keep GMX Afloat: On-Chain Activity and Price Prediction 2023-2024
• GMX tokens have recently surged due to large whale interest after the FTX collapse. • The number of unique users signing up to the GMX protocol increased, but the overall fees collected by GMX declined. • The number of active developers on the network rose, increasing the possibility of new upgrades and updates that…
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