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Financial Insane

Cardano Edges Closer to Make-or-Break Point

Key Takeaways Cardano remains stagnant, trading within a tight price range.  This type of price action points to a potential spike in volatility. ADA must print a daily close outside $0.48-$0.41 to resolve its current trend.  Share...

Bitcoin, Ethereum Jump After U.S. Jobs Report

Key Takeaways U.S. labor market remained robust in August despite growing economic concerns. Bitcoin and Ethereum posted moved higher on Friday following the report. Still, both cryptocurrencies remain in a bearish posture from a long-term perspective.  ...

Binance Burns $444M in BNB Tokens

Key Takeaways BNB Chain burned nearly 2 million BNB tokens in its 20th BNB auto-burn event. Over $444 million worth of tokens were destroyed, bringing the total circulation supply to 161,337,261.09 BNB. Still, BNB appears...

Cardano and Polygon at Risk of Freefall

Key Takeaways Cardano and Polygon have dropped by more than 4% over the past 36 hours.  Further selling pressure would increase the risk for the two assets to drop another 50%. ADA must reclaim $0.97 as...

Terra Faces Danger Despite LFG’s Bitcoin Accumulation

Key Takeaways Terra has plummeted over the past 24 hours amid growing macroeconomic uncertainty. LUNA was affected in the latest market downturn despite the Luna Foundation Guard announcing a $1.5 billion Bitcoin purchase. If...

TRON to Launch Native Stablecoin in May

Key Takeaways TRON has risen by more than 18% over the past few hours.  The sudden bullish impulse appears to correlate with the launch of USDD. TRX would have to break through $0.077 to target $0.088.  Share...

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