Month: December 2022

Here’s why MicroStrategy sold some bitcoins for its first time since 2020, when it began accumulating the crypto asset.  

The cryptoverse has seen many ups and downs this year, but the positives have been more prominently in the spotlight. As the year ends, we saw surprises, assets rise, and some that were just disappointing.  

The cryptocurrency market experienced a turbulent year in 2022. According to Santiment, 2022 has arguably confirmed the theory that news events have an impact on the cryptocurrency market.  

Ethereum (ETH), despite its struggles for most of the year, has fundamentals that are better than its current market price.  

The price of Bitcoin (BTC), has remained stable horizontally throughout the year, with no notable volatility. Despite the fact that things are now quiet in the cryptocurrency market, the repercussions from the failure of FTX continue to be felt throughout the sector. CoinGape’s first post, Bitcoin (BTC), Price Forming a Super-Bearish Pattern, But there’s a…

Read More “Bitcoin (BTC), Price Forming a Super-Bearish Pattern But There’s a Catch” »

Santiment believes that Bitcoin whales are now net sellers, which is an indicator of further price drops.  

For the second half 2022, the XRP market has displayed a head-and-shoulder pattern. This is often interpreted as a bearish signal that indicates a possible decline in price. This is when buyers are unable push the price higher after reaching a level of support (known as the neckline). The post Will This Pattern Crash? XRP…

Read More “Will This Pattern Crash XRP or Is It A Bullish Revival Set For 2023?” »

Over the past five months, the Curve dao coin’s price has been steadily falling. The price of Curve dao coins fell 66% from their high of $1.6 to trade at $0.53. The daily technical chart shows that this downtrend is due to the formation of a falling channel. This pattern is identified by CoinGape’s first…

Read More “Curve Dao Coin Price Targets 30% Increase in Early 2023” »

BTC/USD finishes 2022 at 64%: Sally Ho’s technical analysis – 1 January 2023 Bitcoin (BTC/USD) capped a very bearish year with additional weakness early in the Asian session as the pair continued to trade below the psychologically-important 17000 figure after recently trading as low as the 16326.16 level. BTC/USD was generally trading in the 16880.44…

Read More “Bitcoin Price Analysis: 64% decline in 2022 – 1 Jan 2023” »

Key Points: Web3’s game project Magic Fantasy received $3 million in private equity financing. EasyCoins Venture also participated in the investment. Magic Fantasy is a strategy card game that is free and based on Binance Smart Chain. Its economic model is supported both by VOD, the stable currency, and the game token VOD.