Crypto funds under management drop to a low not seen since July 2021

crypto-funds-under-management-drop-to-a-low-not-seen-since-july-2021

Outflows from digital asset funds reached $141 million last week, a figure not seen since July 2021. Digital asset investment products saw $141 million in outflows during the week ending on May 20, a move which reduced the total assets under management (AUM) by institutional funds down to $38 billion, the lowest level since July … Read more

Price analysis 5/23: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

price-analysis-5/23:-btc,-eth,-bnb,-xrp,-ada,-sol,-doge,-dot,-avax,-shib

Bitcoin and the major altcoins have bounced off their immediate support levels, paving the way for a possible relief rally in the short term. The United States equity markets are attempting a recovery after weeks of relentless selling. Along similar lines, on-chain monitoring resource Material Indicators expects the crypto market to recover, but they anticipate … Read more

Cardano (ADA) Grapples At $0.524; Bullish Trajectory Coming

cardano-(ada)-grapples-at-$0.524;-bullish-trajectory-coming

Cardano (ADA) prices show that the bulls are trying to overpower the market to diminish the bearish trend. ADA prices have been lingering steadily at $0.5, and a rejection strung at $0.628. More so, there has been a marked price decline of 7% in the market seen the previous days as the bearish trend takes … Read more

Price analysis 5/20: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

price-analysis-5/20:-btc,-eth,-bnb,-xrp,-ada,-sol,-doge,-dot,-avax,-shib

BTC and altcoins produced the occasional relief rally, but technical analysis suggests that the prevailing trend will remain bearish for some time to come. Bitcoin’s (BTC) tight correlation with the legacy markets continues to be a drag, especially as the United States equity markets remain in a firm bear trend. The Dow Jones Industrial Average … Read more

Cardano accelerator program Genius X ISPO nets $105 million in ADA

cardano-accelerator-program-genius-x-ispo-nets-$105-million-in-ada

Cardano-based accelerator program Genius X continues to attract ADA delegators after the launch of its ISPO. Cardano-based accelerator program Genius X has seen more than $105 million worth of ADA delegated to its initial stake pool offering (ISPO). This comes after the firm’s decentralized automated market maker and liquidity management protocol Genius Yield completed its … Read more

Price analysis 5/18: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

price-analysis-5/18:-btc,-eth,-bnb,-xrp,-ada,-sol,-doge,-dot,-avax,-shib

Ailing stock markets continue to impact crypto prices and technical analysis suggests BTC is at risk of falling below its recent $25,500 low. On May 17, United States Federal Reserve Chairman Jerome Powell told the Wall Street Journal that the 50-basis-point rate hikes would continue until inflation is under control. Powell’s emphasis on a hawkish … Read more

Cardano (ADA) Could Slide Back To $0.40 – But $0.68 Still Doable

cardano-(ada)-could-slide-back-to-$040-–-but-$0.68-still-doable

Cardano (ADA) price looks bullish as it does a U-turn on Monday following negative economic spikes from China getting crypto traders all worried. In addition, many major corporations are exiting Russia, including McDonald’s. All of these factors contribute to heightened risk sentiment making it entirely difficult for major cryptocurrencies to elevate in price than usual. … Read more

Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

price-analysis-5/16:-btc,-eth,-bnb,-xrp,-ada,-sol,-doge,-dot,-avax,-shib

BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep buying each dip. The selling in Bitcoin (BTC) is showing no sign of abating and Bitcoin has fallen for seven straight weeks for the first time ever. This indicates that … Read more

Crypto Analyst Predicts 1 Altcoin Will Fall Down Hard – Is It Cardano?

crypto-analyst-predicts-1-altcoin-will-fall-down-hard-–-is-it-cardano?

Pseudonymous crypto trader and analyst Capo tweets that Cardano (ADA) is bound to go on a massive downward trend. This popular crypto trader with over 307,500 followers on Twitter predicted a massive plunge before the coin finishes its five-waved downward trajectory following the Elliott Wave Theory. The Elliott Wave Theory pertains to a technical analysis … Read more

Ethereum in danger of 25% crash as ETH price forms classic bearish technical pattern

ethereum-in-danger-of-25%-crash-as-eth-price-forms-classic-bearish-technical-pattern

ETH’s price risks declining further despite rebounding over 20% in the last three days. Ethereum’s native token Ether (ETH) looks ready to undergo a breakdown move in May as it forms a convincing “bear pennant” structure. ETH price to $1,500? ETH’s price has been consolidating since May 11 inside a range defined by two converging … Read more