Bitcoin, Ether slip, Dogecoin leads gainers across top 10 cryptos
Bitcoin and Ether slipped during Wednesday afternoon trading in Hong Kong, while most other top 10 non-stablecoin cryptocurrencies by market capitalization rose, led by Dogecoin.
Bitcoin and Ether slipped during Wednesday afternoon trading in Hong Kong, while most other top 10 non-stablecoin cryptocurrencies by market capitalization rose, led by Dogecoin.
CyberKongz plans a shift to the Ronin blockchain alongside Axie Infinity as Sky Mavis gears up for its first PFP collection and third-party NFT mint.
Bitcoin traded flat on Wednesday morning in Asia as risk-aversion remained the market theme, though the token managed to hold above US$29,000.
Sky Mavis announced on Tuesday a partnership with the CyberKongz NFT project to introduce a PFP collection to the Ronin blockchain for the first time.
Bitcoin and Ether fell during Tuesday afternoon trading in Hong Kong, along with most other top 10 non-stablecoin cryptocurrencies by market capitalization except Dogecoin.
Bitcoin fell on Tuesday morning in Asia along with most major cryptocurrencies on speculation the U.S. regulator will appeal a decision in the Ripple case and enthusiasm waned for a Bitcoin ETF.
Bitcoin will have to remain above US$29,500 to prevent further bearish momentum, industry experts told Forkast.
Bitcoin rose on Monday morning in Asia to reclaim the US$30,000 support level. Ether moved higher, while most other top 10 non-stablecoin tokens also gained.
Bitcoin fell under US$30,000, despite the SEC accepting eight spot Bitcoin ETF applications for review this week. A weekly close under that psychological level could lead to more panic selling, industry experts told Forkast.
Bitcoin and Ether both remained below key support levels, as investor sentiment failed to pick up even after the Securities and Exchange Commission (SEC) accepted eight spot Bitcoin exchange-traded fund (ETF) applications for review.