Author Archives: Newsbtc

Bitcoin Soars to $21,500 On “Hated Rally,” Is There Fuel To Keep Rising?

The Bitcoin rally continues as the cryptocurrency smashes all resistance levels and seems ready to reclaim more ground. The number one crypto by market capitalization has seen a double-digit gain over the previous week leading the top performers in the sector. As of this writing, Bitcoin traded at $21,400 with sideways movement in the last[Read more…]

MATIC Price Prediction: Rally Could Resume Above $1.05

MATIC price started a fresh increase from the $0.80 support zone. Polygon bulls are now aiming a another increase above the $1.05 resistance zone. Polygon’s MATIC Price Eyes More Upsides This past month, polygon’s price declined below the $0.80 support zone. MATIC even broke the $0.75 support zone and the 100 simple moving average (4-hours).[Read more…]

Polkadot Shows No Sign Of Slowing, As DOT Gains 33% In Last 7 Days

With Bitcoin surging past $20,000, altcoins like DOT (Polkadot) have been riding the broader crypto rally which started since the beginning of 2023. According to CoinGecko, the token is trading at $5.94, and has risen by more than 12% in the past 24 hours and 33% in the weekly.  This was caused by market optimism caused by positive[Read more…]

Bitcoin Reaches One-Month High As Mini Bull Run Continues

The crypto market has evolved from the unending devastating bear market to a more green and overwhelming market. Cryptocurrencies are moving from the initial stagnant, and lower lows state to a rallying to the top.  Among the number of cryptocurrencies moving upward and making significant higher highs is Bitcoin, the largest crypto by market cap.[Read more…]

MATIC Whale Pushes Coin Value With Massive Moves

The few months toward the end of 2022 brought devastating events in the crypto industry. With the collapse of the FTX crypto exchange, chaos erupted in the crypto markets. Prices of almost all the crypto assets took a hit. Also, the negative contagion effect sprung up within the crypto space as the number of investors[Read more…]

Top 5 Crypto To Watch As CPI Data Is Released This Week

The crypto market has been very bullish in the past week as the turn of the year sparked positive investor sentiment for the industry, especially to our top 5 crypto to watch this week. Since January 1st, the total market cap of crypto rose by 8.25% which shows a complete reversal of investor sentiment on the market. [Read more…]

IMX Spikes 10% In Last 24 Hours – Will It Start The Week Strong?

IMX (ImmutableX) has been on a roll lately, being one of the few altcoins to have significant gains in the past month or so. According to tracking by CoinGecko, IMX was up 10% in the daily timeframe with its biggest gain at the weekly timescale at nearly 19%. IMX: What Drove Prices Up?  Although the past[Read more…]

MATIC Advances 6.5% In Last 7 Days – Can It Sustain Gains For Another Week?

The year 2022 saw the value of Polygon’s native token MATIC drop by 64%. But the network started this year on a positive note, with the price shooting up 8% according to the charts. However, can MATIC maintain this momentum?  On-Chain Developments To Play A Big Role For MATIC The Layer 2 ecosystem has been seeing[Read more…]

Optimism Edges Other L2s In Gas Efficiency, Despite Loss In TVL, Revenue

Optimism (OP) has opened the year on an optimistic note as it enjoys a bull run. On the flip side, it has suffered sluggishness in terms of total value locked (TVL). Here’s a quick snapshot of Optimism: Arbitrum is seen to have blazed past the other leading Layer 2 blockchains including Optimism and Polygon when it comes to TVL.[Read more…]

Polygon (MATIC) Depicts Further Downtrend, This Could Be The Next Support Level

The Polygon (MATIC) price has been on a downward spiral for the last couple of weeks. Over the last 24 hours, MATIC lost 4% of its value. The altcoin has also lost about 6% in the last week. Earlier in November, MATIC touched the $1.20 price mark and plunged significantly. Since the coin plummeted in[Read more…]