2023-02-27 (Monday)

BITCOIN (BTC)

Current Price:  $ 23,569 (24h Changes: 1.49 % )

Current Market Cap:  $ 455,128,686,688 (24h Changes: 1.44 % )

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BTC-Positive News

1. Stacks (STX) Soars Another 12%, Bitcoin Flat at $23K: Weekend Watch
Source:  CryptoPotato
Date:  Sun, 26 Feb 2023 04:18:05

STX continues with its impressive performance as of late, with another double-digit price surge.

2. Bitcoin may only need 4 weeks to hit $30K as key monthly close looms
Source:  Cointelegraph
Date:  Sun, 26 Feb 2023 12:35:59

Opinions vary on BTC price strength, with Bloomberg Intelligence warning that $25,000 may stay in place as major resistance.

3. Long Form: Why Detailed Narratives Are Necessary For Telling Bitcoin Stories
Source:  Bitcoin Magazine
Date:  Sun, 26 Feb 2023 08:00:00

Conveying the real implications of Bitcoin to audiences requires long-format storytelling with a detailed, comprehensive narrative style.

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BTC-Neutral News

1. Bitcoin Price Prediction As BTC Approaches Key Support Level – Where Is the Next BTC Target?
Source:  Cryptonews
Date:  Sun, 26 Feb 2023 14:14:00

Bitcoin has been experiencing a volatile period, with the cryptocurrency dropping by nearly 4% over the past week. As of the time of writing, BTC is approaching a key support level, with analysts closely monitoring the market to determine where the next target for the digital asset will be. 

2. Bitcoin Price and Ethereum Prediction: Can BTC's 61.8% Fibonacci Retracement Indicate a Bounce-Back in Price on Sunday?
Source:  Cryptonews
Date:  Sun, 26 Feb 2023 01:25:00

During the Asian trading session, the overall cryptocurrency market has been relatively stable, with BTC holding above $23,000 and ETH rebounding above $1,550. Due to the lack of volatility, leading cryptocurrencies such as Bitcoin and Ethereum are currently trading within narrow price ranges, as market participants anticipate a busy week ahead.

3. BRICS Nations ‘Coalescing Against the Dollar,' Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency
Source:  Bitcoin
Date:  Sun, 26 Feb 2023 08:00:22

In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S.

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BTC-Negative News

1. Block's Cash App Bitcoin Revenue Falls 7%
Source:  Blockchain News
Date:  Sun, 26 Feb 2023 11:58:31

Jack Dorsey's Block Inc. reported a 7% reduction in Bitcoin sales in Q4, with its Cash App producing $25 million of BTC gross profit, down 25% YoY.

2. Ray Dalio Says BTC Is Not a Reliable Currency
Source:  LiveBitcoinNews
Date:  Sun, 26 Feb 2023 12:00:14

Ray Dalio – the founder of Bridgewater Associates – says the financial system so many people have become familiar with is in dire straits and in danger of collapsing. He's now pushing his interest in bitcoin aside and supporting a new inflation-linked crypto he thinks would be much safer to use.

3. Majority of Retail Bitcoin Investors Likely Lost Money in Last 7 Years, Finds BIS Report
Source:  CryptoGlobe
Date:  Sun, 26 Feb 2023 06:17:29

The Bank for International Settlements (BIS) has published its Bulletin No 69, titled “Crypto shocks and retail losses,” which investigates the behavior of crypto investors and whether the sector has impacted broader financial markets. BIS was established in 1930 and is based in Basel, Switzerland.

ETHEREUM (ETH)

Current Price:  $ 1,641.35 (24h Changes: 2.43 % )

Current Market Cap:  $ 197,792,272,034 (24h Changes: 2.34 % )

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ETH-Positive News

1. Justin Sun Stakes 150,000 ETH On Lido Finance In Largest Daily Stake Inflow
Source:  EWN
Date:  Sun, 26 Feb 2023 06:52:17

Lido Finance recently saw its largest ever daily stake inflow thanks to Justin Sun who has staked over 200,000 ETH on the DeFi staking platform.

2. Courtesy of Mr. Sun, Lido logs its largest daily ETH stake inflow
Source:  AMBCrypto
Date:  Sun, 26 Feb 2023 11:30:38

In a tweet published on 25 February, leading liquid Ethereum (ETH) staking platform Lido Finance [LDO] confirmed that it recorded its largest daily stake inflow with over 150,000 ETH staked.

3. Venture Capitalist Who Accurately Called Bitcoin Turnaround Says Ethereum Is About To Enter Beast Mode – Here's His Outlook
Source:  The Daily Hodl
Date:  Sun, 26 Feb 2023 05:15:58

An investor who accurately called the bottom of last year's crypto bear market thinks that Ethereum (ETH) is gearing up for a bullish move next month. Chris Burniske, an executive at venture capital firm Placeholder, tells his 254,600 Twitter followers that he believes crypto looks strong despite the recent marketwide pullback.

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ETH-Neutral News

1. Crypto News: Testnet Coin Deemed Worthless Soars By 165% Before Crashing
Source:  Coingape
Date:  Sun, 26 Feb 2023 09:57:59

Crypto News: Goerli testnet is a cross-client network that uses proof-of-authority and is frequently used to run simulations prior to their mainnet launch. It's separate from the core Ethereum ledger and therefore, traders can transmit tokens from other chains to Goerli thanks to its cross-chain functionality.

2. Bitcoin Price and Ethereum Prediction: Can BTC's 61.8% Fibonacci Retracement Indicate a Bounce-Back in Price on Sunday?
Source:  Cryptonews
Date:  Sun, 26 Feb 2023 01:25:00

During the Asian trading session, the overall cryptocurrency market has been relatively stable, with BTC holding above $23,000 and ETH rebounding above $1,550. Due to the lack of volatility, leading cryptocurrencies such as Bitcoin and Ethereum are currently trading within narrow price ranges, as market participants anticipate a busy week ahead.

3. Ethereum developers on Goerli now have to pay for test ETH
Source:  Crypto news
Date:  Sun, 26 Feb 2023 13:48:34

In an unexpected twist, Ethereum developers now have to purchase Goerli ETH, which are Testnet tokens, going by recent events on Feb. 26.

CARDANO (ADA)

Current Price:  $ 0.37 (24h Changes: 1.6 % )

Current Market Cap:  $ 12,896,392,252 (24h Changes: 1.6 % )

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ADA-Positive News

1. Cardano [ADA] traders can expect a bullish week- Here's why
Source:  AMBCrypto
Date:  Sun, 26 Feb 2023 05:30:27

Last Sunday (19 February), Cardano was trading at $0.411. In the past week, the price has fallen by 12.2% to trade at $0.361 at the time of writing.

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ADA-Neutral News

1. Will Cardano's Charles Hoskinson buy CNN media outlet to conquer billion-$-market and report the truth?
Source:  CryptoNewsFlash
Date:  Sun, 26 Feb 2023 06:41:08

Charles Hoskinson, the founder of Cardano has dropped a notable hint, implying that he just might be interested in purchasing the popular Cable news channel CNN.  Charles Hoskinson was previously speculated to have shown interest in purchasing another leading news outlet Coindesk.

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ADA-Negative News

1. Cardano's Bullish Trend Comes To A Halt As Bearish Trap Emerges! Will ADA Price Rebound Soon?
Source:  CoinPedia
Date:  Sun, 26 Feb 2023 08:31:13

Cardano network made itself at the top of the league with continuous developments last week. However, despite gaining much traction with its Valentine's upgrade, ADA price is now struggling even to hold its support level.

2. Cardano price analysis: ADA trades below $0.3654 as bearish impulse returns
Source:  Cryptopolitan
Date:  Sun, 26 Feb 2023 06:13:42

The Cardano price analysis shows a downtrend in the ADA/USD pair as bears return to the market. The ADA/USD pair is currently trading at $0.3642 as downtrend pressure has pushed the pair lower.

RIPPLE (XRP)

Current Price:  $ 0.38 (24h Changes: -0.58 % )

Current Market Cap:  $ 19,186,522,874 (24h Changes: -0.65 % )

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XRP-Positive News

1. Top Analyst Speculates Ripple's XRP Price Might Skyrocket to $17.00 Amid SEC Escrow Burning Reports
Source:  CoinPedia
Date:  Sun, 26 Feb 2023 08:04:54

An XRP enthusiast going by the name of Nerd Nation on Box recently shared a hypothetical scenario that has some within the XRP community excited. The scenario involves the SEC requiring Ripple to burn half of its escrowed XRP tokens as part of a settlement agreement.

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XRP-Neutral News

1. Top Lawyer Debunks XRP's Security Status: Here's Why XRP Is Not a Security
Source:  CoinPedia
Date:  Sun, 26 Feb 2023 08:12:20

The lawsuit involving Ripple and the US regulator, the Securities and Exchange Commission (SEC), is receiving more attention now that the much-anticipated summary ruling in the case has been issued. Pro XRP lawyer John Deaton took to his Twitter and took a subtle dig at the SEC.

2. XRP Price Shows Weakness! Here's What Traders Can Expect
Source:  CoinPedia
Date:  Sun, 26 Feb 2023 08:28:32

As Ripple Labs is not slowing down in bringing new announcements to the network, including XRP Ledger and confidence of a victory against the SEC in the final judgment, it creates hope of a new era for the XRP token ahead.

3. XRP Lawyer Urges This Probe Can Lead To End Of US SEC Chair
Source:  Coingape
Date:  Sun, 26 Feb 2023 05:15:02

XRP News: U.S. Securities and Exchange Commission (SEC) chair, Gary Gensler has been alleged of being biasedly serving several crypto firms and personalities over time. However, the commission has also been held responsible for the recent horrible market crash.

SOLANA (SOL)

Current Price:  $ 23.05 (24h Changes: 1.9 % )

Current Market Cap:  $ 8,732,225,642 (24h Changes: 1.6 % )

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SOL-Positive News

1. Solana Technical Issues Resolved After More Than 24 Hours
Source:  BeInCrypto
Date:  Sun, 26 Feb 2023 08:00:00

Solana is fully operational after a major technical issue caused a disruption that prevented users from completing transactions.

2. Coinbase Predicts: Why Solana Could Bounce Back Even Better
Source:  Zycrypto
Date:  Sun, 26 Feb 2023 11:26:41

In a Brian Cubellis report published by Coinbase Wednesday, not all is lost for the once promising 'Ethereum Killer' Solana, which lost popularity following the

3. Solana network back online following second restart
Source:  The Block
Date:  Sun, 26 Feb 2023 04:27:46

The Solana blockchain is back online after two attempts to restart the network, according to network monitoring site Solana Status.

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SOL-Neutral News

1. Solana Reaches Bearish Fatigue And Recovers Over $22
Source:  Coin Idol
Date:  Sun, 26 Feb 2023 03:30:00

The price of Solana (SOL) is currently falling as it breaks below the moving average lines.

2. Solana Outage Fixed After Second Attempt, Will It Impact SOL Price?
Source:  Coingape
Date:  Sun, 26 Feb 2023 07:01:22

Solana blockchain is back online after the second restart attempt. The blockchain resumed after a technical glitch triggered an hours-long slowdown on Saturday.

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SOL-Negative News

1. Solana price analysis: SOL remains consistent at $22.96
Source:  Cryptopolitan
Date:  Sun, 26 Feb 2023 05:13:25

Solana price analysis for February 26, 2023, reveals the market following a partial bullish movement; moreover, Solana has obtained massive negative momentum, signifying a decline for the SOL market. The price of Solana has remained negative over the past few hours.

2. Solana [SOL] suffers yet another technical challenge, details inside
Source:  AMBCrypto
Date:  Sun, 26 Feb 2023 01:30:30

Solana users were unable to conduct transactions on the network in the last few hours of press time. Preliminary reports revealed that this was a network-wide problem reportedly caused by a long-forking event.

POLKADOT (DOT)

Current Price:  $ 6.68 (24h Changes: 1.64 % )

Current Market Cap:  $ 8,066,394,595 (24h Changes: 1.16 % )

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DOT-Neutral News

1. Polkadot price analysis: DOT finds support at $6.50, can the bulls defend the level?
Source:  Cryptopolitan
Date:  Sun, 26 Feb 2023 08:58:36

TL;DR Breakdown Polkadot price analysis suggests sideways movement $ The closest support level lies at $ DOT faces resistance at the $ mark The Polkadot price analysis shows that the DOT price action has found support at the $6.500 mark after crumbling from the $7.50 mark.