Top 5 cryptocurrencies to watch this week: BTC, LEO, MANA, KLAY, XTZ

Top 5 cryptocurrencies to watch this week: BTC, LEO, MANA, KLAY, XTZ

BTC continues to lose ground, but if the $40,000 level is reclaimed, LEO, MANA, KLAY and XTZ could be the first to recover. Russia’s massive build-up of soldiers, warplanes, equipment and extended military drills near Ukraine’s borders increased fears of a possible invasion within the next few days. That could have renewed selling in Bitcoin (BTC), which plummeted below the strong support at $39,600.Among the gloom and doom, there is a ray of hope for crypto investors because data from Glassnode shows that more than 60% of Bitcoin supply has not been used in any transaction for more than a....


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Klaytn death cross debut coincides with a 57% KLAY price pump

Klaytn bulls ignored a deadly moving average crossover after assessing KLAY's upcoming listing on Binance. Bids for Klaytn's native cryptocurrency KLAY spiked on Thursday after the South Korea-based public blockchain project confirmed its listing on Binance, one of the world's top cryptocurrency exchanges by volume.#Binance Will List @klaytn_official $KLAYhttps://t.co/41yyLvHS0I— Binance (@binance) June 24, 2021 The KLAY/USDT exchange rate surged 41.25% to an intraday high of $1.243. The pair's massive move uphill accompanied a dramatic intraday spike in trade volumes — 28.68 million....

Top 5 cryptocurrencies to watch this week: BTC, KLAY, VET, SOL, KSM

Bitcoin appears to be preparing for a move toward $60,000, while KLAY, VET, SOL and KSM are attempting to find bullish momentum. In trading, selling a position is as important as buying it at the right time. Therefore, the big question that could be troubling traders is whether or not Bitcoin (BTC) price will enter a bearish phase or will the bull run continue after this week's pullback.PlanB, the creator of the popular Bitcoin stock-to-flow model, recently tweeted that the crypto bull run has only started and is “nowhere near the end of it.” PlanB is not the only voice that is hugely....

Top 5 cryptocurrencies to watch this week: BTC, ADA, SOL, MATIC, KLAY

Bitcoin’s consolidation in the current range could create trading opportunities for ADA, SOL, MATIC and KLAY over the coming days. The U.S. core personal consumption expenditure (PCE) price index increased 0.5% in May, below market estimates of 0.6%. However, when compared year-over-year, the PCE index surged to 3.4% recording its largest gain since 1991.While the U.S. Federal Reserve expects inflation to be transitory, analysts at BofA differ in their estimation. The bank anticipates U.S. inflation to remain high, in the 2% to 4% range, for the next two to four years and believes the Fed....

Top 5 cryptocurrencies to watch this week: BTC, ETC, LUNA, KLAY, AXS

Bitcoin bulls are looking for BTC to rebound off a support zone and if confirmed, ETC, LUNA, KLAY and AXS could push higher. Bitcoin (BTC) is facing a stiff challenge from the bears near the $48,000 mark. As Cointelegraph reported earlier, the buy and sell levels show that sellers on Binance have held their ground at $48,000.PlanB, the creator of the stock-to-flow Bitcoin price model, said if Bitcoin manages to close August above $47,000, the year-end "worst-case scenario" target price of $135,000 may come into play.Despite the slight downturn, the institutional adoption of Bitcoin....

"The Most Advanced Food" MANA Accepts Bitcoin Payments

MANA, a powdered meal replacement product manufacturer has begun accepting bitcoin payments for sales and shipping of its meals. Customers of MANA can now purchase 3 weeks, 9 weeks and 15 weeks meal plans with bitcoin through bitcoinpay, a London-based bitcoin merchant payment service provider and processor. MANA. MANA is a vegan powdered meal replacement product manufacturer which only use organic nutrients and vegetable oil to make nutritionally balanced meals ready to be taken just under a minute of preparation. As an alternative to Soylent, MANA has been offering cheaper meal plans, at....