waves

Supply dynamics suggest Bitcoin can make a run for $100k if… 

Source Node: https://ambcrypto.com/supply-dynamics-suggest-bitcoin-can-make-a-run-for-100k-if/
Time Stamp: September 14, 2021 4:00 AM - Modified On: September 14, 2021 - Published By:
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Republished By Plato

Bitcoin’s upward trajectory, after getting interrupted by an 18% dip last week, was met with a lot of consolidation. However, as Bitcoin holders looked reluctant to sell-off at a crucial time amid anticipation of a price rise, on-chain metrics offered an interesting insight into the current market sentiment.  Some interesting divergences in BTC’s supply dynamics posed a complex question – Are they projecting bullish or bearish divergences? Ergo, to gauge bullish/bearish signals, it is imperative to weigh the same against market sentiments to understand the crypto’s price trajectory.  Post-halving blast

What’s the best-case scenario for Ethereum

Source Node: https://ambcrypto.com/whats-the-best-case-scenario-for-ethereum/
Time Stamp: August 16, 2021 10:01 AM - Modified On: August 16, 2021 - Published By:
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Republished By Plato

Ethereum has held a valuation above $3000 since August 7th. It is a strong indication of a bullish market and over the long-term, it should unfold as a turning point. Yet, every cycle needs its period of correction and right now, major assets are indicative of such a change. However, we want to analyze Ethereum irrespective of its performance over the past 2-weeks. The market looks overheated but we would be looking at current signs that are signalling a push-down and not the price position itself. $3300-$3400 range of history

Polkadot, WAVES, VeChain Price Analysis: 05 August

Source Node: https://ambcrypto.com/polkadot-waves-vechain-price-analysis-05-august/
Time Stamp: August 5, 2021 8:30 AM - Modified On: August 5, 2021 - Published By:
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Republished By Plato

As bigger cryptocurrencies like Bitcoin and Ethereum recovered, altcoins mimicked the same movements. DOT was on its way to test its immediate resistance level. WAVES, however, still flashed signs of sideways price movement. Finally, VeChain gained by 4% overnight.  Polkadot [DOT] DOT/USD, TradingView DOT was trading around $18.74 at press time after it registered a 9.4% hike overnight. The altcoin, in case of a further upward push, will push beyond the $18.75-level and a dip could cause it to fall at $18 and then subsequently to $16.77.  Even on a

BTC, ETH, XRP, ZEC, SNX, AAVE, BTT — Technical Analysis Aug 5

Source Node: https://beincrypto.com/btc-eth-xrp-zec-snx-aave-btt-technical-analysis-aug-5/
Time Stamp: August 5, 2021 6:48 AM - Modified On: August 5, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) has created a bullish engulfing candlestick and is making an attempt at reclaiming the $40,550 range high.Sponsored Sponsored Ethereum (ETH) has broken out from an ascending parallel channel and is attempting to move above the $2,860 resistance area. XRP (XRP) has been rejected by the resistance line of an ascending parallel channel.Sponsored Sponsored Zcash (ZEC) has broken out from a descending resistance line. Synthetix (SNX) is in the process of breaking out from the $10.30 horizontal resistance area. Aave (AAVE) has reclaimed the $310 horizontal resistance area.  BitTorrent

XRP Reverses and Pumps By Nearly 50%

Source Node: https://beincrypto.com/xrp-reverses-and-pumps-by-nearly-50/
Time Stamp: December 18, 2020 10:27 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

While the XRP price has been decreasing since Nov. 24, it reversed its trend on Dec 16, at one point having increased by 50% in less than two days. XRP could correct towards $0.52 and is likely to resume its upward movement afterward. *Note – This article will mostly deal with the short-term movement that has been taking place over the past three days. For a longer-term analysis, please click here. Reversal Leads to Breakout XRP has been falling since Nov. 24, when it reached a high of $0.79. The

Cardano (ADA) Breakout Could Mean New Yearly Highs on the Horizon

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Time Stamp: December 14, 2020 4:04 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Cardano (ADA) price has been rejected by a long-term resistance level at $0.17. It has not reached a long-term close above this resistance since June 2018. As long as Cardano is trading inside this bullish structure, it is expected to break out and eventually be successful in finally moving above this resistance zone.   Long-Term Cardano Levels The ADA price has been increasing since March. It moved above the $0.095 resistance area in June, reaching a high of $0.171 before dropping in order to validate the $0.095 area as

Waves Powers Russia’s First Reported Crypto-Backed Bank Loan

Source Node: https://cointelegraph.com/news/waves-powers-russias-first-reported-crypto-backed-bank-loan
Time Stamp: August 19, 2020 4:31 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Expobank, a commercial bank in Russia, has reportedly issued the country’s first-ever loan backed by cryptocurrency.According to an Aug. 19 report by local news agency Kommersant, Expobank provided the credit through issuing an individual bank loan powered by Waves (WAVES) tokens.Waves CEO and founder Alexander Ivanov confirmed the news in a tweet, noting that the loan used Waves tokens as collateral.According to the report, the new loan was issued to local entrepreneur Mikhail Uspensky earlier this week. The businessman reportedly said that he is committed to keep using Waves tokens

Cryptocurrency News Roundup for August 18, 2020

Source Node: https://beincrypto.com/cryptocurrency-news-roundup-for-august-18-2020/
Time Stamp: August 18, 2020 4:45 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Since the start of 2020, the net worth of assets locked in DeFi smart contracts have increased nearly 10x from $680 million to more than $6 billion. BeInCrypto covered it in-depth here, in case you missed it earlier. To bank in on that phenomenal growth and encourage greater cooperation among industry stakeholders, Huobi DeFi Lab has launched a new initiative called the Global DeFi Alliance. Several major players in the DeFi space have already joined the initiative to create a united front and pave the way for mainstream adoption in

Key Timing for Adoption? Crypto Goes Mainstream With TV, Newspaper Ads

Source Node: https://cointelegraph.com/news/key-timing-for-adoption-crypto-goes-mainstream-with-tv-newspaper-ads
Time Stamp: August 18, 2020 12:46 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Amid turbulent times for the world at large, the cryptocurrency space seems to be cruising on its own steam in 2020. The coronavirus pandemic has put a major strain on economies around the world, and countries such as the United States have seen their central banks resort to extended quantitative easing in order to stimulate their financial ecosystems.Some analysts believe that this continual fiscal stimulus is part of the reason that the cryptocurrency market is enjoying relative success compared with its traditional financial counterparts.The likes of Anthony Pompliano, co-founder of