Chainlink (LINK) to Overcome $7 Soon – Price Analysis

Chainlink price displays bullish actions. LINK/USD trades at $6.3 The immediate resistance stands at $7. Chainlink (LINK/USD) traded near $6.3 at this publication. The following resistance stands at $7. Meanwhile, bulls show their endeavor to push pieces higher. The alternative token remains within a consolidation phase, trading in the $4 – $8 range. A break … Read more

Yahoo to Launch Metaverse Services in Hong Kong

Yahoo has revealed plans to launch Metaverse services in Hong Kong, apparently triggering a slight uptick for Decentraland (MANA). Yahoo has declared several non-fungible token and Metaverse-associated activities in Hong Kong. That’s one day after Meta Network revealed its Metaverse campaigns for the area. Yahoo is an internet media firm based in the United States. … Read more

Bitcoin (BTC) Drops to 200-Week MA for 5th Time in History

Briefly- BTC’s downside journey has its approaching 200-week MA. Bitcoin has formed a near-term double bottom formation. The nearest resistance stands at $22.8K. Bitcoin has declined since hitting the $69K all-time high in November 2021. Meanwhile, the southbound movements have seen the bellwether crypto hitting the $20,715 lows on 15 June. The intriguing thing is … Read more

Compound (COMP): What Next Following 13-Month Downside Spiral

Though the broad market weakness affected Compound price & growth, decreased demand had a substantial contribution. That’s visible when evaluating the lending protocol’s on-chain statistics. Let us dig deep. COMP Price Action COMP extended the downside trend after the ATH in May 2021. The alternative token took a massive hit in April following failed trials … Read more

Shiba Inu (SHIB): Gauging Whether Investors Will Dump 1 Trillion Tokens

The move by investors to dump such massive amounts of supply ago would scare any crypto. Perhaps not Shiba Inu. The canine-themed token boasts over 400 trillion in overall supply and has formed a reputation for suffering for its investors. And SHIB enthusiasts may maintain their tradition this time. SHIB Encounters Threats Shiba Inu investors … Read more

Tezos (XTZ) Delivers More Upside, Defying Sell Pressure

The crypto market remains vulnerable to a bloodbath as prices hover within constricted ranges. Nevertheless, some alternative tokens, like XTZ, have decoupled from broad market tendencies. Tezos explores upside trends as it kept its latest leg up. XTZ appears prepared for the 4th day of uptrends after maintaining bullish strength since June 4. The alternative … Read more

BTC Mining: Kenya Offers Crypto Miners Renewable Energy Sources

BTC miners might soon relocate to Kenya. The African nation has renewable energy solutions for miners targeting green mining objectives. That presents an attractive Bitcoin mining solution. Bitcoin encounters massive criticism as far as energy consumption is concerned. Nevertheless, the crypto space and miners remained determined to secure energy sources with less carbon footprint since … Read more

6 June Crypto Prices: SOL, ADA, BTC, and AVAX Surge Up to 7%

Excluding stablecoins, most crypto assets traded with gains on Monday. Solana and Avalanche gained 7% each, while ADA noted a 5% upswing. Meanwhile, Bitcoin, Polkadot, and Ethereum surged 4% each. The cryptocurrency market presented gains on Monday despite stablecoins encountering severe inspection. Market players remained nervous as they waited for substantial signals about the global … Read more

Near Protocol (NEAR): Everything About May’s Performance

Blockchain networks embarked on monthly maintenance journeys as May ended, and Near Protocol tweeted (June 2) that the network registered surged growth and traction over the month. The Protocol confirmed processing around 25,265,452 transactions in May, translating to a 13% surge from figures presented two months ago. Moreover, it revealed handling over 160,086,889 transfers since … Read more