Author: Atis. Sh

Content Writer & Crypto Enthusiast

Raoul Pal foresees that Bitcoin (BTC) will reach an all-time high of up to $400,000 by the end of 2021 or the beginning of 2022 at the latest. In a recent podcast edition for Bankless, Raoul Pal, investment strategist and former hedge fund manager noted that Bitcoin (BTC) is likely to reach $250,000 to $400,000 by the end of 2021, or in fairness, by March 2022. https://twitter.com/RyanSAdams/status/1432343697933352964 While Raoul Pal is a major cryptocurrency advocate, his allocation of the crypto portfolio has changed quite a lot. Last year, Pal’s Bitcoin (BTC) holdings were at least 80%. Recently, Raoul Pal revealed…

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KLAY Technical Analysis – August 2021 Daily Analysis After a recent double top pattern, KLAY started declining and it has recently found support at $1.55. While this downtrend could continue, KLAY might also have a reversal if it breaks the first resistance level. Intraday Thoughts Looking at the intraday chart, KLAY has been volatile and on the rise to test resistance. The coming hours are crucial to determine whether KLAY can aim for previous highs. Key Structures for Klaytn Support $1.56, $1.41, $1.28 Resistance $1.67, $1.75, $1.97 Indicators Moving Average The 20-day moving average is now aligned with the recent…

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Sellers interrupt bullish movement Sellers’ momentum increases MATIC/USD may test the $1.23 level Further increase in the bears’ pressure may push the price below the support level of $1.23 which may decrease to the support levels of $0.89 and $0.31. Inability to break down the support level of $1.23 may lead to a price increase towards the $1.50, $1.87, and $2.21 levels. Polygon Key Levels: Resistance levels: $1.50, $1.87, $2.21 Support levels: $1.23, $0.89, $0.31 MATIC/USD Long-term Trend: Bearish MATIC/USD is bearish on the daily chart. The coin was bullish last two weeks. The resistance levels of $1.23 and…

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SOLANA finds resistance at $81 Bears interrupts Bulls at $81 level Sellers may dominate SOLANA market Barish movement may continue as long as the bears maintain their pressure, the price level of $68 may be penetrated, and the price may face the support levels at $62 and $55. In case the support level of $68 holds, bulls may find resistance levels at $74, $81 and $92. SOL/USD Market Key levels: Resistance levels: $74, $81, $92 Support levels: $68, $62, $55 SOLUSD Long-term Trend: Bearish SOLUSD is bearish on the daily chart. The bullish trend that commenced on August…

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EOS Key Highlights as It Contemplates Next Move EOS fluctuates between $4.80 and $5.80 as it contemplates next move EOS/USD is likely to achieve a breakout EOS price has fallen into the oversold region as buyers are being expected EOS Current Statistics The current price: $4.77Market Capitalization:$4,946,641,764Trading Volume: $1,482,436,195Major supply zones: $4.4, $4.6, $4.8Major demand zones: $3.6, $3.4, $3.2 EOS Price Long-Term Prediction:Bullish Today, EOS/USD is trading at $4.89 above the lower price range as it contemplates next move. Following the attainment of its peak price at $5.94, the uptrend was terminated as the market resumes a sideways trend. Buyers…

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After the hack attack on warm wallets of Liquid last week, the exchange received funding from FTX. The digital exploit left the Japan-based crypto exchange Liquid almost $100 million short, hence the provision the $120 million debt funding from FTX. Liquid Group and FTX Trading announced today that the funds are helpful for Liquid in expanding licensing prospects for Japan and Singapore, as well as improving the balance sheet of the company to have easier access to said jurisdictions. Additionally, enhancing customer support, generating new capital and increasing liquidity were the benefits mentioned in the announcement. https://twitter.com/Liquid_Global/status/1430728253640220674 Sam Bankman-Fried, the…

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Binance coin has arrived at the $500 key level. The coin is employing a retest and break-out strategy. When BNB/USD rises above $500, it will strongly aid further market ascent to $565. BNB/USD arrives at the $500 price level as it keeps aiming for higher levels. The acclivity of the Binance coin has been nothing short of impressive. Up till this moment, the coin has been able to surmount every obstacle that it has faced with very little fuss. The rally, which began at $250 on the 20th of July, now arrives at $500, thereby recording a 100% increase in…

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The hashrate increase is attributed to miners coming back online after the rattling of the China Crackdown since June. Since the China crackdown crash earlier in 2021, Bitcoin (BTC) hashrate has made a phenomenal comeback, indicating that miners are settling down to mining-friendly countries and returning online. Per CryptoQuant, the Bitcoin (BTC) hashrate is currently at one quintillion hashes or 150 Exahashes/second. This is an indication that the network security is solid and much more resistant to hacker attacks. While Bitcoin (BTC) hashrate on average skyrocketed by 197.6 Exahashes/second, in the following weeks it took a 65% dive due to…

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Throughout the last year, the cryptocurrency industry has started to win the trust of the masses. Unlike before, ordinary people are researching and showing huge interest in joining the crypto community. This comes as no surprise, considering the price growth and utility of most cryptocurrencies. Yet, investing in cryptocurrencies is not as hard as people think, especially in the year we are living.  Today, you can buy cryptocurrencies without leaving the comfort of your own home. This can be done by using a debit/credit card or by using a Paypal account. Throughout this article, we will do our best to…

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Visa made its debut in the NFT commerce by acquiring CryptoPunk for roughly $150,000. Earlier today Visa announced via Twitter that they welcomed CryptoPunk 7610 to their collection, as the payment tech giant enters the non-fungible token (NFT) commerce. The purchase of CryptoPunk 7610 last week amounted to a total of $150,000. https://twitter.com/VisaNews/status/1429745230023208969 Larva Labs issued CryptoPunks in 2017 and are regarded as the initial NFTs. CryptoPunks represent a set of 10,000-pixel art pictures of misfits where a singular CryptoPunk has its own unique constellation of features and eccentrics. Cuy Sheffied, Crypto head at Visa declared that the recent purchase…

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