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Crypto Currency Latest News And Technical Analysis - 27 Dec 2022

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  TWT, TERRA, AND SOLANA HEADLINE 2022’S TOP CRYPTOCURRENCY LOSER LISTS As the year 2022 comes to a close, a steady theme has been cryptocurrency markets falling under selling pressure. With bear market conditions prevailing, we rank the biggest gainers and losers among the top 100 cryptocurrency assets, as ranked by capitalization. Performance numbers are as of December 27th. CRYPTOCURRENCY WINNERS: ONLY TWO CRYPTOCURRENCIES IN THE TOP 100 INCREASED THEIR VALUE IN 2022 In the current top 100 cryptocurrency list, there are two cryptocurrencies that came out ahead in 2022. TRUST WALLET TOKEN (TWT) TWT, the native asset of Trust, the external wallet acquired by Binance, emerged as an altcoin that resisted the bear market this year. TWT has increased its value by 90% since the beginning of the year. Trading at $1.347 on December 27th, TWT started the year at $0.7084. TWT, which currently has a market capitalization of $561.75 million, is ranked 62nd. Its rise is no doubt a sign of the...

WHAT’S GOING ON WITH ETHEREUM?

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  ETHEREUM TUMBLES 1.48% TO 1333.32 ON WEDNESDAY. Mike Novo Gratz says after the merger Ethereum had a big move down. The merger was an amazing performance in lots of ways, it shows the decentralized community can accomplish something that’s really complicated. We all know that Ethereum had gone from $1000 to $2000. After that, we could clearly see a pullback after that and mike feels that $1,250 should be the bottom here and so Ethereum is closer to the bottom than the top. Novo Gratz says that bitcoin falling dramatically because of increasing interest rates by institutions, Blackrock deal with Coinbase and their own fund when people are coming to buy and bitcoin could go as lower as it can Most of the Altcoins are in the red zone, Bitcoin shows no reversal trend. The market condition can be tracked by several factors such as the federal reserve interest rate hike The major resistance for bitcoin is $20,000 and it’s stuck below this level and it will go down for some time because...