Price Analysis – Top 10 Crypto

Fundamentals and correlation models show that Bitcoin is undervalued
Analysis, Bitcoin, Price Analysis - Top 10 Crypto

Fundamentals and correlation models show that Bitcoin is undervalued

Chamber of Digital Commerce chief executive Perianne Boring told CNBC yesterday that correlation models suggest Bitcoin's actual value is between $50k and $100k Founder and president of the Chamber of Digital Commerce, Perianne Boring, is the latest figure to assert that Bitcoin is currently undervalued, despite the volatility in crypto markets. During a CNBC Squawk Box Monday interview, Perianne advised investors to focus on Bitcoin's underlying value rather than its price position. Several factors back her postulation Perianne said that the fundamentals of Bitcoin are showing real strength, and this is evidence that the asset is inaccurately valued. She pointed out that Bitcoin is currently growing at a higher rate than other technology elements – the internet during the later 90s and ea...
Bitcoin and Ethereum selloffs are coming to an end soon, says Mad Money’s Jim Cramer
Analysis, Bitcoin, Price Analysis - Top 10 Crypto

Bitcoin and Ethereum selloffs are coming to an end soon, says Mad Money’s Jim Cramer

Cramer suggested that Bitcoin could see a recovery like last year's – a rally that pushed Bitcoin north to the November all-time high  In a recent instalment of the Mad Money show, CNBC's Jim Cramer analysed the markets, as predicted by Tom DeMark. Creator of the Symbolik financial markets analysis tool, Tom DeMark is not just any other head in market matters. With a long-running career in objective and mechanically-driven market indicators, he is credited with several past accurate predictions in the crypto market. Bitcoin and Ethereum set to embark on an uptrend Jim Cramer told viewers that the two leading crypto-assets, Bitcoin and Ethereum, could hit a trend exhaustion bottom this week. After days of massive selloffs that pushed markets to seek lower prices, Cramer predicted that ...
Top 5 NFT tokens in 2022 to watch out for
Analysis, Price Analysis - Top 10 Crypto

Top 5 NFT tokens in 2022 to watch out for

Non-fungible tokens (NFTs) have taken the crypto world by storm and have seen a tremendous level of growth throughout 2021. Due to this high level of success, a variety of different collection-based projects or limited-run projects arose, which essentially limited the collection of NFTs within their respective platform to a specific number. For example, there can only ever be 10,000 CryptoPunks that can ever exist, and this scarcity is what leads to their value. Many other NFT projects and NFTs, as a result, have found their way into Metaverse projects, which lead to their eventual increase in utility. Ultimately, all of this has contributed to the growth of both the industry as well as the tokens in question. As the NFT industry evolves, there will be a consistent stream of new projects a...
ETH, ADA and SOL are the top 3 smart contract tokens you can buy on January 24, 2022
Analysis, Price Analysis - Top 10 Crypto

ETH, ADA and SOL are the top 3 smart contract tokens you can buy on January 24, 2022

Ethereum (ETH), Cardano (ADA), and Solana (SOL) are all projects that enable smart contracts. Each of them has potential for growth in the upcoming months. Each blockchain network and ecosystem provides many benefits to dApp developers. Ethereum (ETH), Cardano (ADA), and Solana (SOL) are all tokens that enable smart contract functionality. This enables decentralized application (dApp) developers to truly build scalable dApps and has contributed to the growth of the dApp ecosystem of each blockchain network. These are the top 3 tokens you can buy on January 24, 2022. Should you buy Ethereum (ETH)? On January 24, 2022, Ethereum (ETH) had a value of $2,190.81. In order for us to see what this value point means for the ETH token, we will go over its all-time high value as well as its ...
The best Ethereum ecosystem tokens worth your attention on January 22, 2022: BNT and BAT
Analysis, Price Analysis - Top 10 Crypto

The best Ethereum ecosystem tokens worth your attention on January 22, 2022: BNT and BAT

Bancor Network Token (BNT)’s trading volume increased by 41% in the last 24 hours. Basic Attention Token (BAT)’s trading volume saw an increase of 50% in the last 24 hours. Both tokens have the potential to increase in value by the end of February 2022. Bancor is a blockchain protocol that lets users convert different virtual cryptocurrency tokens directly and instantly, powered by the BNT cryptocurrency token. Basic Attention Token is a blockchain-based system that tracks the media consumption time of users, as well as their attention on websites while using the Brave browser, powered by the BAT cryptocurrency token. Should you buy Bancor Network Token (BNT)? On January 22, 2022, Bancor Network Token (BNT) had a value of $2.29. In order for us to see what this value point means f...
Price analysis 1/21: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin, Price Analysis - Top 10 Crypto

Price analysis 1/21: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE

Bitcoin (BTC) and most major altcoins continue to witness a bloodbath on Jan. 21 and the result of the most recent downturn has been a $200 billion reduction in market capitalization. A new report by Huobi Research, in collaboration with Blockchain Association Singapore, forecast Bitcoin to enter a bear market in 2022. The liquidity tightening measures undertaken by the U.S. Federal Reserve and other central banks across the world and the regulatory action by authorities could play spoilsport and keep crypto prices under check.Daily cryptocurrency market performance. Source: Coin360The calls for a bear market have not shaken up the resolve of MicroStrategy CEO Michael Saylor who is determined to hold on to the company's Bitcoin holdings. Saylor said in a recent interview with Blo...
3 of the best DeFi Tokens you can buy on January 21, 2022
Analysis, Price Analysis - Top 10 Crypto

3 of the best DeFi Tokens you can buy on January 21, 2022

Chainlink (LINK), Uniswap (UNI), and Terra (LUNA) are all DeFi tokens you can consider buying. Each token has its own stand-out feature. They are all at a solid price point currently. Decentralized Finance (DeFi) has truly evolved and plays a major role within the crypto world at the moment.  Chainlink (LINK), Uniswap (UNI), and Terra (LUNA) are all tokens that are worth your attention, and all of them have the potential to increase in value by the end of January 2022. Should you buy Chainlink (LINK)? On January 21, 2022, Chainlink (LINK) had a value of $18.88. To get a better perspective as to what kind of value point this is for the LINK token, we will go over its ATH point of value alongside its performance last month. LINK’s ATH was on May 10, 2021, when it reached $52.70...
DOGE, SHIB and SPELL are the best meme tokens you can buy on January 20, 2022 and this is why!
Analysis, Price Analysis - Top 10 Crypto

DOGE, SHIB and SPELL are the best meme tokens you can buy on January 20, 2022 and this is why!

Dogecoin (DOGE) is a token based on the popular "Doge" internet meme, which originally started as a joke, but is now one of the most commonly-used tokens to transfer value online. Shiba Inu (SHIB) is another meme token, dubbed as the "dogecoin killer," which over time grew into its own ecosystem, introducing BONE, LEASH, and the ShibaSwap.  Spell Token (SPELL) is essentially this reward token on the abracadabra.money lending platform that uses interest-bearing tokens as collateral to borrow a stablecoin known as Magic Internet Money (MIM). Should you buy Dogecoin (DOGE)? On January 20, Dogecoin (DOGE) had a value of $0.16453. DOGE had its all-time high value on May 8, 2021, at $0.731578. The token was 344% higher or by $0.567048. On December 2, the token had its highest point at $0.2...
Price analysis 1/19: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin, Price Analysis - Top 10 Crypto

Price analysis 1/19: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE

Bitcoin (BTC) and select altcoins are showing signs of some buying near support levels. According to Arcane Research, the seven-day average real Bitcoin trading volume has dropped to the lowest level since July 2021. During the previous instance, the sharp drop in volume marked a bottom and led to a strong rally from August to October 2021.However, Bloomberg Intelligence senior commodity strategist McGlone warned in a recent podcast that risk assets may correct as the United States Federal Reserve increases rates and reduces asset purchases. After the corrective phase is over, McGlone expects Bitcoin to transition from a “risk-on to a risk-off asset” and “come out better off.” Daily cryptocurrency market performance. Source: Coin360In the short term, analysts at Decentrader, a crypto marke...
The 5 best yield farming tokens you can buy on January 18, 2022
Analysis, Price Analysis - Top 10 Crypto

The 5 best yield farming tokens you can buy on January 18, 2022

Yield farming tokens have increased in popularity due to their utility. These tokens can be utilized as a means of adding an additional revenue stream to your portfolio. UNI, CAKE, AAVE, COMP, and CRV are the best tokens you can buy. Yield farming is an investment strategy typically utilized within decentralized finance (DeFi). It involves lending or staking cryptocurrency tokens as a means of gaining rewards from the transaction fees or interest which is generated. Should you buy Uniswap (UNI)? On January 18, Uniswap (UNI) had a value of $17.5. Uniswap had its all-time high on May 3, 2021, with a value of $44.92. This means that the token was $27.42 higher in value. On December 2, the token had its highest point of that month at $22.86. The token had its lowest point of value on ...