CAKE’s price increased by 5% in the last 24 hours. Metrics looked bearish while the market indicators supported the bulls. PancakeSwap [CAKE] recently announced that it will launch a new lottery jackp...
Tag: Decoding
TRON’s Technical Outlook : Decoding The Currency Potential For Growth
Golden crossover is about to take place on the daily chart. Currently , TRON is trading near its 50 EMA (the blue line) and 200 EMA (the green line). There is a probability that a Golden Crossover wil...
MANA Technical Analysis: Decoding the Cryptocurrency’s Digital Fortune
The token can give great short-term returns. After reaching its support level, MANA has been on an upward trend recently. At the current levels, MANA has begun to consolidate, forming a demand zone. M...
Decoding the Meme Currency: A Technical Analysis of Dogecoin
Dogecoin is in uptrend from past few days A decent chance for short-term investors Dogecoin is trading around its 50 EMA (the blue line) and is in an uptrend at the moment .The coin is currently at i...
Cardano [ADA] on the verge of more utility with this latest development: Decoding…
The eventual implementation of the CIP-30 proposal could give ADA utility. ADA’s price has been on an uptrend but could soon see a price correction Cardano [ADA] has gotten back into its groove, which...
Decoding If Bitcoin (BTC) Price Has Reached The Bottom – What Analysts Say?
Most cryptocurrencies including Bitcoin started to recover towards the beginning of 2023 after the carnage of 2022. In addition, the financial markets have experienced a surge of optimism as a result ...
Will Stellar Lumens [XLM] have a decent pullback before pumping toward the $0.1 mark? Decoding…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure was strongly bullish on the ...
Decoding the Digital Currency’s Movements: A Technical Analysis of Bitcoin
Bitcoin (BTC) is in uptrend from past few days A decent chance for short-term investors BTC is trading around its 50 EMA (the blue line) and is in an uptrend at the moment .The coin is currently at ...
Decoding the LRC: A Technical Analysis of the Loopring Token
LRC is in uptrend from past few days A decent chance for short-term investors The current trend for LRC is an uptrend, and the token is moving around its 50 EMA (the blue line). At present the token i...
Decoding the Cryptocurrency Market: A Technical Analysis of Litecoin
Litecoin is in uptrend A good opportunity arising for both short-term and long-term investors Litecoin is currently moving around its 50 EMA (the blue colored line) and the trend as for now in the coi...
Is Cardano’s latest upswing one of its many short bull runs? Decoding…
ADA hit a volume level that it last experienced in November The RSI metric, however, indicated that there might be a price reversal soon After what felt like a turbulent 2022, Cardano [ADA] appeared w...
Decoding Proof of Reserve Report and How it can Build Trust
The role of “Proof of reserves” is to ascertain that a financial institution has a 1:1 ratio backing of user funds with real assets. Blockchain companies are turning to third-party firms to audit thei...
Decoding current state of Bitcoin amid the decline in number of large transactions
The number of large transactions on the Bitcoin network declined after the FTX debacle. Miners net position changed and difficulty declined. The decline in the number of large transactions on the Bitc...
Decoding if Cardano whales will remain vital to ADA’s play in 2023
Top Cardano whales invested in buying 217.2 million ADA a few days into the new year. Long-term holders still had their assets in red despite ADA’s resistance. While the broader crypto market adhered ...
Chainlink: Decoding ‘new partnership’ and ‘whale interest’ for LINK holders
Chainlink announced a new partnership with Blueberry. RSI and stochastic were oversold and whale interest increased. Chainlink [LINK] became a much-talked-about topic in the crypto space of late. Bl...
Is this crypto investment firm collateral damage of bear market 2022? Decoding…
Midas Investments announced that it will cease operations due to significant losses incurred in 2022 The firm plans to shift to a centralized decentralized finance (CeDeFi) model Custodial crypto inv...
Is Solana On the Verge of Major Collapse in 2023? Decoding the Possibility
In the middle of an already challenging year, the FTX crash has made things much more tough for Solana, and many in the cryptocurrency industry seem to believe that the project will ultimately fail. T...
Optimism sees a surge in USDT and USDC transactions, decoding ‘why’
Optimism recently saw the volume of USDT and USDC transactions on its network surpass $1 billion. The price and active address, however, show convergence as its TVL continues its growth. Recently, the...
Decoding the ‘Lido on Solana V2’ update for LDO’s long-term holders
Lido announced a new upgrade that would improve the user experience for Solana stakers. Despite new upgrades, the number of users on the protocol continued to decline. In an announcement on 21 Decembe...
Decoding Israel’s request to seize crypto and its impact on crypto-funded terrorism
Israel has allowed authorities to seize suspicious crypto wallets This ruling came as a counter-terrorism measure Israel, with its latest decision on 18 December, has set a key precedent with regards...
Decoding Crypto.com’s new Brazilian license and CRO’s growth prospects
Crypto.com secured a new payment institution permit from Brazil. The holders of its native token, CRO, saw more losses. Crypto.com moved closer to strengthening its position in Latin America after rec...
Is BTC hitting this 2020 metric a sign of an upcoming bull run? Decoding…
Addresses holding 10 – 1000 BTC soared in recent months, hitting 2020 levels for the first time There are similarities in the price level of BTC observed in 2020 and 2022 The number of individuals who...
Ripple Vs SEC Lawsuit Nearing Finale: Decoding the Possible Outcomes
Ripple and the SEC recently asked the judge presiding over their lawsuit to schedule a date in January 2023 by which time interested parties could submit their support or opposing briefs. The parties ...
Decoding SBF’s letter to FTX employees
Nearly two weeks after FTX’s bankruptcy declaration, the former CEO Sam Bankman-Fried (SBF) has compiled another letter to the employees of the now-defunct crypto exchange. Bankman-Fried apologized fo...
Tron: Decoding what lies ahead for TRX holders amid the FTX turmoil
Tron’s weekly stats revealed growth in many aspects Metrics supported a price hike Tron [TRX] recently posted its weekly report, in which it mentioned all the notable updates regarding its blockchai...
Chiliz: Decoding the reason behind CHZ’s unprecedented price hike
Chiliz CEO reveals what it will take for the perfect marriage between blockchain and the sports industry. Investors can expect something interesting from CHZ’s performance in the coming month. Chiliz ...
Troubled FTT investors turn to NFTs as means to recover funds. Decoding…
Prominent crypto voice on Twitter, @0xfoobar, revealed that several FTX users have been buying non-fungible tokens (NFTs). These users have been purchasing NFTs from Bahamian holders to rescue themsel...
Stellar Lumens [XLM] hits 24-month low; decoding the happenings
As the crypto market crumbled below the $900 billion market value, Stellar Lumens [XLM] accompanied it to reach its lowest price in two years. According to CoinMarketCap, XLM hit $0.0828 in the early ...
Decoding the State of Investors After FTX Collapse
This year has seen more than its fair share of unexpected market collapses due to surprising news about poorly run cryptocurrency businesses. This week brings yet another massive change. This time its...