Cryptocurrency Opinion & Analysis

Cardano has dropped below a crucial area of support.Key Takeaways Cardano has registered a 7% drop today as the market's downward momentum continues. The downswing pushed ADA below the vital $0.50...

Bearish sentiment in the cryptocurrency market remains at extreme levels. Bitcoin has been edging lower for seven consecutive weeks, which confirms its strong correlation with movements in the US...

LTC/USD traded lower today, breaking below the 64.35 barrier, marked by the lows of May 16 and 19. The crypto has been oscillating between that barrier and the 74.10 zone since May 13, but in the...

XMR/USD appears to be slicing through a critical area of support, which could lead to significant losses.Key TakeawaysMonero could retrace by more than 20% over the next few days. A sustained close...

This article was written exclusively for Investing.comConsolidation leads to lower lows Crypto critics say, “I told you so” But ideological supporters cheer opportunity to buy the...

In its most recent reserves report, Tether pledged to further reduce commercial paper as part of its reserves. Tether, the largest stablecoin by market capitalization, has paid out more than $10...

After incurring significant losses in recent weeks, Solana and Avalanche are showing signs that they want to dip lower.Key Takeaways Solana could enter a 41% downtrend after losing a vital interest...

Central bankers and bureaucrats are seizing on the recent turmoil in cryptocurrency markets to push aggressively for central bank digital currencies (CBDCs). They made their case to other global...

Bitcoin and Ethereum could be on the brink of a significant price movement.Key Takeaways Bitcoin is in a no-trade zone between $28,870 and $30,750. Likewise, Ethereum is stuck between $1,960 and...

This article was written exclusively for Investing.comTerraUSD (UST) tanks Tether (USDT) holds, for now Confidence in cryptos declines Stable is not a guarantee With this asset class, be careful and...

Solana has entered a consolidation period that could result in a major price movement.Key TakeawaysSolana is up by more than 40% from the $36.20 low hit on May 12. Still, the token appears to be...

On Wednesday, when the NASDAQ plunged 5%, Bitcoin (BTC) sold off, but found support at its May 14 low. This is marked by the horizontal line on the 4-hour chart below: Price action started improving...

Cardano is attempting to recover after incurring significant losses over the past week.Key TakeawaysCardano has consolidated within a narrow price pocket after a brutal 45% correction. A decisive...

While the market has looked shaky for months, Bitcoin’s dominance is soaring.Key Takeaways Bitcoin's market cap dominance is holding above 45% for the first time since October 2021. The top...