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πŸ”ΉLatest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space


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#DOT/USDT ANALYSIS

The price is consolidating in a falling wedge and holding above a key support level. A good volume with a breakout confirmation will confirm the next bullish move of it while a breakdown will be a sign of further correction for it.

Keep an eye on this
πŸ” Results of the day: December 29

⚑️ Bitcoin dropped below $ 48,000.

πŸ’² Binance Bitcoin balance suddenly jumped 70,000 BTC and reached a new high of 370,000 BTC.

β–ͺ️ Marathon mining company has ordered nearly $ 900 million worth of new Bitcoin mining machines.

⚑️ BAYC surpasses CryptoPunks in market capitalization - $ 3.22 billion versus $ 2.55 billion.

β–ͺ️ South Korean crypto exchange Coinone announced a ban on withdrawing funds to unverified external wallets.

β–ͺ️ The volume of NFT trades for the year has grown almost 400 times, almost 90% of trades are held on OpenSea.

πŸ—£ Forecast by Arcane Research for 2022: Bitcoin will overtake the S&P 500 in profitability, and XRP and ADA will leave the top 10 cryptocurrencies in terms of capitalization.
#BTC decided to absorb the absorption πŸ€ͺ

This actually looks awful, however, remember that we are going through the last 3 days of chinese selling pressure! Hopefully the start of 2022 will be bright!
#BTC DOMINANCE ANALYSIS

It is moving in a descending triangle and currently at a support. Here we've to wait for a sustain breakdown, which is a strong sign for an ALTS season and if we see a bounce from here then this is a sign of correction in ALTS.
BREAKING – Remittance giant MoneyGram announces strategic investment in #Bitcoin ATM provider πŸš€
*Major Reason for Bitcoin Price Drops instantly*

Kazakh government resigns,
shuts down internet amid protests, causing #Bitcoin network hash rate to tumble 13.4%

No timeline exists
when the internet will switch back on in the 2nd biggest $BTC mining country in the world.
Dump reason
Call type πŸ‘‰ spot

DOT / USDT

Buying zone

26$

24$

22.3$

Try to buy in parts πŸ‘†

Target

28$βœ…

30$βœ…

32$βœ…

Midterm

36$βœ…

40$βœ…

44$βœ…

55$βœ…

Stop loss
20$🚫
Crypto Market Stats πŸ“Š
Market Cap: $1,954,743,479,829
BTC Dominance: 39.07%
24h Volume: $197,662,317,618
Hello cryptonians