Market updates

Just Above $1 Trillion — Crypto Economy’s Value Slips Lower Than the Lows Recorded Last July

Coins Legend June 12, 2022 0

The $1.19 trillion crypto economy is now lower in value than the lows recorded in July 2021. During the last week, digital currencies like bitcoin, ethereum, caradano, and xrp, have shed significant value against the U.S. dollar, as the top cryptos have lost 50% to more than 80% from their

Market updates

Bitcoin, Ethereum Technical Analysis: BTC Prices Stall, Heading Into Weekend

Coins Legend June 10, 2022 0

Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days. ETH was once again trading close to support at $1,750. Bitcoin Following a strong start to the week which saw BTC hit a high of […]

Market updates

Biggest Movers: XTZ and LINK Surge to 1-Month Highs on Thursday

Coins Legend June 9, 2022 0

Despite the crypto market trading lower today, Tezos and LINK both rose to one-month highs on Thursday. XTZ was up by 8.5% during today’s session, whilst LINK rose by nearly 9% in the day. Overall, the global crypto market cap is down 0.55% as of writing. Chainlink (LINK) LINK continued its recent run on Thursday, […]

Market updates

Bitcoin, Ethereum Technical Analysis: ETH, BTC Slightly Lower Ahead of Friday’s US Inflation Report

Coins Legend June 9, 2022 0

BTC was fighting to stay above $30,000 on Thursday, as markets prepare for the release of U.S. inflation data on Friday. Crypto prices mainly consolidated in today’s session, whilst ETH marginally slipped, falling below $1,800. Bitcoin Bitcoin was attempting to stay above $30,000 on Thursday, as traders began to anticipate the latest U.S. inflation report. […]

Market updates

Biggest Movers: LINK Remains Near 1-Month High, as ADA Extends Bull Run

Coins Legend June 8, 2022 0

LINK remained close to a one-month high earlier in today’s session, as crypto markets shook off some of Tuesday’s volatile moves. Although price volatility remained, bulls returned to show force, with ADA continuing to climb higher this week. Chainlink (LINK) LINK was trading around a one-month high during today’s session, following a recent four-day bull […]

Market updates

Bitcoin, Ethereum Technical Analysis: BTC Continues to Consolidate, Prices Move Slightly Above $30,000

Coins Legend June 8, 2022 0

Bitcoin moved away from Tuesday’s lows during the hump-day session, as prices were once again above $30,000. Prices have been hovering above and below this level over the last few weeks, with no significant gains in the period. ETH was also marginally higher. Bitcoin The volatility in crypto markets was once again present during Wednesday’s […]

Market updates

Biggest Movers: SOL Slips 10% as Crypto Bears Return to Action 

Coins Legend June 7, 2022 0

SOL neared a ten-month low on Tuesday, as bears returned to crypto markets during the session. Following a strong start to the week, markets turned red, with AVAX being another token to fall victim to the latest red wave. Solana (SOL) SOL was back in the red on Tuesday, as today’s sell-off pushed prices closer […]

Market updates

Bitcoin, Ethereum Technical Analysis: ETH Plunges Below $1,800 as Red Wave Intensifies

Coins Legend June 7, 2022 0

Following a move towards $32,000 to start the week, BTC was fighting to stay above $29,000 during Tuesday’s session. The red wave which captured bitcoin bulls, also overcame ETH, pushing prices nearly 8% lower, as of writing. Bitcoin Following a strong start to the week, bitcoin was once again trading lower, as prices dropped below […]

Market updates

Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink

Coins Legend June 6, 2022 0

Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since the first week of October 2021. […]

Market updates

Biggest Movers: ADA up 13% on Monday, THETA Moving Towards Multi-Week High

Coins Legend June 6, 2022 0

Crypto markets were mainly in the green to start the week, with several assets climbing by double digits on Monday. One of these was ADA, which rose by as much as 13% today. THETA also climbed higher, gaining nearly 15%. Cardano (ADA) ADA was one of the most notable movers on Monday, as prices surged […]