Traders are Selling Ethereum Most Aggressively Since May ’22
According to a new Cryptoquant index, sellers have been more active in the Ethereum market since May 22, 2022. Read CNL for more.
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Historical Data Suggests Now Is a Good Time to Buy BTC
Since its creation on January 3, 2009, more than 13 years ago, the price of BTC, the leading crypto, has fluctuated wildly, peaking in 2011, 2015, and 2019.
Reserve Rights (RSR) Current Market Status
RSR/WETH market is bullish today. Reserved Rights has held support at $0.009486. RSR was created with the goal of maintaining 100% on-chain collateral backing. RSR price analysis is bullish today as we have seen further positive momentum above $0.009423 support over the last 24 hours. The resistance to the Reserve Rights token is currently placed at $0.01033. A break above this point could see the cryptocurrency pair surpass the $0.01 mark. According to CoinMarketCap, the price of Reserve Rights (RSR) is $0.01009 with a 24-hour trading volume of $138,764,047 at the time of writing. However, RSR has increased by nearly
Solana Suffers Another Major Outage
The Solana network stopped processing and went off on Friday. Solana’s “curse” was to blame for the network disruptions. Solana is the 3rd largest Pos blockchain by market value. The Solana network stopped processing transactions and went offline on Friday due to a misconfigured node, marking the blockchain’s fourth significant outage since January, when it had a succession of partial outages for most of that month. They assert that it would increase the network’s scalability, but Solana is very centralized, and the network continues to have interruptions. Because of centralization, Solana’s infrastructure is still in need of improvement. According to
Crypto Trading is Not Only Based on News
In traditional markets, the news is the most important when making a trade. In crypto, the news cycle is much faster than in traditional trades. News requires a special kind of skill to nail it and use it in trades. When you’re new to trading cryptocurrencies, it’s easy to get caught up in the FOMO (fear of missing out). You see a coin on CoinMarketCap that’s pumping and you want to get in on the action. But before you start buying, it’s important to remember that trading crypto is more complicated than just following the news. In traditional markets, the
