Pundits say crashing floor prices and sell volume signal that ‘the NFT market has died’
High-profile NFT sales have dominated the headlines, but the deeper analysis shows that most NFTs are worthless and that the market is highly illiquid.
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Ethereum’s spot setup looks grim, but derivatives data tells a different story
Ether price is stuck in a rut, but derivatives data shows pro traders are bullish even with ETH below $3,000.
Ethereum ‘head & shoulders’ chart pattern puts ETH price at risk of dropping to $2K
The bearish setup positions Ethereum price to extend the decline toward $2,000.
Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms
Layer-2-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s cross-chain bridge.
Stock sell-off tanks Bitcoin price, but traders expect a bounce near $42K
Fear over the Evergrande situation weighed heavily on equities markets and Bitcoin price, leading traders to expect a bounce in the $42,000 to $38,000 zone.
Price analysis 9/20: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, AVAX
Bitcoin and most major altcoins have dropped to their critical support levels, which is likely to attract strong buying from the bulls.
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