Market updates

Biggest Movers:  XRP up by Nearly 15%, as AVAX Climbs to 12-Day High on Friday

Coins Legend June 24, 2022 0

XRP rose by nearly 15% during today’s session, climbing to its highest point in over a week in the process. This rise in momentum within the crypto market also saw AVAX hit a 12-day high, following a gain of over 11% on Friday. XRP Bullish pressure in XRP intensified on Friday, as prices rose

Market updates

Bitcoin, Ethereum Technical Analysis: ETH on the Cusp of $1,200 Following Breakout of Key Resistance Level

Coins Legend June 24, 2022 0

Bitcoin edged marginally higher on the last Friday of the month, breaking out of its recent resistance of $21,100 in the process. ETH was also in the green during today’s session, climbing by nearly 5% to move past a price ceiling of its own. Bitcoin Following a turbulent week of trading, BTC was once again […]

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Bitcoin, Ethereum Technical Analysis: Bullish Sentiment Returns to BTC Following Yesterday’s Sell-off

Coins Legend June 23, 2022 0

Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as a result of Wednesday’s sell-off. Bitcoin BTC was trading marginally below $21,000 on Thursday, as prices slightly rebounded following declines on hump day.

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Billionaire Seth Klarman: I Can’t See the Point of Crypto — Nobody Needs to Own It

Coins Legend June 23, 2022 0

Billionaire investor Seth Klarman says he cannot see the point of crypto. “I don’t think anybody needs to own it. It just seems to me that it could end up very much in tears,” he added. Seth Klarman on Crypto Investing, Gold, and U.S. Dollar American billionaire investor and hedge fund manager Seth Klarman shared […]

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Biggest Movers: UNI Moves Into Top 20, as SHIB Hits Highest Point Since May

Coins Legend June 22, 2022 0

Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was once again higher today, with prices hitting their highest point since May. Uniswap (UNI) UNI was trading higher for a fourth […]

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Bitcoin, Ethereum Technical Analysis: ETH Down, as Two-Day Winning Streak Ends on Hump Day

Coins Legend June 22, 2022 0

Bitcoin hit a hurdle on hump day, as the world’s largest crypto token moved lower, following strong gains to start the week. ETH also slipped during today’s session, with prices moving back towards the $1,000 mark. Bitcoin Following two straight days of gains, BTC was lower on hump day, as bears seemingly re-entered the marketplace. […]

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New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory

Coins Legend June 22, 2022 0

The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued that people investing in cryptocurrencies are doing so because they want to “hide their money from the government.” A ‘Very Scary’ Investment Strategy The new […]

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Biggest Movers: DOGE, SHIB Near 10-Day Highs, Following Recent Surges in Price

Coins Legend June 21, 2022 0

SHIB was trading almost 15% higher during today’s session, as its price approached a ten-day high. Its fellow meme coin, DOGE, was also in the green on Tuesday, with prices hitting their highest point since June 12. Shiba Inu (SHIB) SHIB was once again in the green on Tuesday, as it continued to move away […]

Market updates

Bitcoin, Ethereum Technical Analysis: ETH, BTC Climb for Back-to-Back Sessions for First Time in Nearly 2 Weeks

Coins Legend June 21, 2022 0

Bitcoin was trading higher for a second consecutive session on Tuesday, which is the first time it’s seen back-to-back gains in over two weeks. ETH also climbed in today’s session, as bulls continued to re-enter the market. Bitcoin BTC was trading higher for a second consecutive session on Tuesday, as markets continued to move away […]

Market updates

Top Privacy Cryptocurrencies by Market Cap Lost Half Their Value in Less Than 2 Months

Coins Legend June 21, 2022 0

Since the end of April, the top privacy crypto assets by market capitalization went from a combined value of $10.7 billion to today’s valuation of around $5.09 billion. During that time frame, monero lost 48% in value while zcash shed 56% against the U.S. dollar. Privacy Coin Economy Sheds Billions Since End of April The […]