SOL Recovers after FTX Fiasco

SOL Recovers after FTX Fiasco

Solana's price came tumbling after the FTX liquidity crunch. Alameda Research, a trading firm related to FTX, had reportedly invested heavily in the Solana ecosystem, so the steep price decline wasn't based on fear, uncertainty, and doubt (FUD). The...

image source: blockchain.news

XRP Rallies Upward Amid Positive Investor Sentiment

The cryptocurrency market is currently in a recovery phase. The majority of the major tokens are bullish by a significant margin. This is the first streak of bullish price action since the FTX scandal in November.  XRP, the native...

Risk-Averse Traders Must Ignore ATOM's Bullish Crossover

Risk-Averse Traders Must Ignore ATOM’s Bullish Crossover

Cosmos (ATOM) started to recover after Bitcoin (BTC) hit $16.19K on November 22nd. Notably, the correction of ATOM's price occurred on November 28 after BTC's price fell from $16.60K on November 27.  The market structure for ATOM was still...

Bitcoin Falls Below 21K Following Powell's Remarks

Bitcoin Falls Below $21K Following Powell’s Remarks

Following Federal Reserve Chair Jerome Powell's eagerly anticipated keynote speech at the Fed's Jackson Hole, Wyoming, economic conference on Friday morning, the price of Bitcoin (BTC) fell by about 5% in the two hours that followed. The S&P 500...

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