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Category: Market Analysis

ChainAffairs.com offers expert market analysis, providing readers with up-to-date insights on cryptocurrency trends, price movements, market sentiment, and in-depth technical analysis to help navigate the ever-evolving crypto landscape.

Can Worldcoin (WLD) Break Free from the Bearish Grip? 20-Day EMA Remains a Major Hurdle
Market AnalysisNews

Can Worldcoin (WLD) Break Free from the Bearish Grip? 20-Day EMA Remains a Major Hurdle

Joe MAugust 23, 2024August 23, 2024

Worldcoin (WLD), the privacy-focused cryptocurrency, has continued its long-term downtrend, falling below key support levels on its daily chart. Despite…

Shiba Inu (SHIB) Rallies 10% as Whales Accumulate, But Faces Resistance at $0.000014 – Is a Breakout Coming?
Market AnalysisMemecoinsNews

Shiba Inu (SHIB) Rallies 10% as Whales Accumulate, But Faces Resistance at $0.000014 – Is a Breakout Coming?

Andrew ChenAugust 23, 2024August 23, 2024

Shiba Inu (SHIB), the popular memecoin, has experienced a notable recovery rally this week, driven in part by increased whale…

Bitcoin’s Price Rally Sparks Whale Interest: 10+ BTC Addresses Surge After Q1 Slump
BitcoinMarket AnalysisNews

Bitcoin’s Price Rally Sparks Whale Interest: 10+ BTC Addresses Surge After Q1 Slump

Sean WilliamsAugust 23, 2024August 23, 2024

A recent surge in the number of Bitcoin addresses holding at least 10 BTC (known as “whales”) has caught the…

Bitcoin Breaks $61K Ahead of Fed’s Jackson Hole Symposium: Market Braces for Potential Policy Shift Impact on Cryptos
BitcoinMarket AnalysisNews

Bitcoin Breaks $61K Ahead of Fed’s Jackson Hole Symposium: Market Braces for Potential Policy Shift Impact on Cryptos

Andrew ChenAugust 23, 2024August 23, 2024

Bitcoin (BTC) climbed above $61,000 on Friday as investors eagerly awaited the Federal Reserve’s annual Jackson Hole symposium. The event,…

Polygon’s (MATIC) Surge 28% as Whale Activity and Positive Sentiment Drive Rally
Market AnalysisNews

Polygon’s (MATIC) Surge 28% as Whale Activity and Positive Sentiment Drive Rally

Andrew ChenAugust 22, 2024August 22, 2024

MATIC, the native token of Polygon, Ethereum’s leading Layer-2 scaling solution, has experienced a significant price surge in recent weeks.…

Solana’s Market Cap Shrinks 10% – Is a Bear Market Looming?
Market AnalysisNewsSolana (SOL) News

Solana’s Market Cap Shrinks 10% – Is a Bear Market Looming?

Francis KAugust 22, 2024August 22, 2024

Solana (SOL), once a rising star in the cryptocurrency market, is now facing a period of uncertainty. The token’s price…

Litecoin’s (LTC) Market Depth Turns Bearish: Is the Price Heading Lower?
Market AnalysisMemecoinsNews

Litecoin’s (LTC) Market Depth Turns Bearish: Is the Price Heading Lower?

Dora LilianAugust 22, 2024August 22, 2024

Litecoin (LTC) has experienced a significant pullback, falling below $63 on August 22, 2024, after four consecutive losing days. This…

2024 US Election Could Decide Solana ETF Fate: What Does Trump or Harris Mean for Crypto?
ETFsMarket AnalysisNewsSolana (SOL) News

2024 US Election Could Decide Solana ETF Fate: What Does Trump or Harris Mean for Crypto?

Andrew ChenAugust 22, 2024August 22, 2024

The prospects for the approval of spot Solana ETFs in the United States appear dim, following the recent removal of…

XRP Faces Crucial Test – Can It Hold the $0.595 Support Level?
Market AnalysisNewsRipple XRP

XRP Faces Crucial Test – Can It Hold the $0.595 Support Level?

Andrew ChenAugust 22, 2024August 22, 2024

XRP experienced a slight dip in price over the past 24 hours, falling by 1.74% to the critical support level…

Dogecoin’s Daily Trading Volume Hits $1 Billion:  Can DOGE Break Out of $0.12 Resistance?
Market AnalysisMemecoinsNews

Dogecoin’s Daily Trading Volume Hits $1 Billion: Can DOGE Break Out of $0.12 Resistance?

Andrew ChenAugust 22, 2024August 22, 2024

Dogecoin (DOGE) is poised for a potential breakout as it nears the upper boundary of a bullish descending wedge pattern.…

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Quantum computing could eventually challenge Bitcoin’s current encryption. Millions of BTC sit in addresses that…

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South Korea Deploys AI to Catch Crypto Manipulation Faster — Here’s What It Means

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South Korea is deploying AI to automatically detect crypto market manipulation. New monitoring tools aim…

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Tether Quits Offshore Yuan: 365 Days Left to Redeem Your CNH₮!

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