LOOM Coin, a well-known entity in the Cryptocurrency field, has been making waves lately. Multiple factors influence its fluctuations. For instance,
GameStop recently transferred a massive $200 million in Bitcoin to Coinbase Prime. There are also many upcoming instances that could potentially affect the prices such as fears of a government shutdown and the Federal Reserve's first interest rate decision of the year.
Bitcoin's price has also been fluctuating, going under the $88,000 mark, and later rebounding above $90,000.
Crypto enthusiasts have noticed a key resistance break with
HYPE Coin, as
Ethereum faces a potential selloff risk.
XRP rallies into the SEC Catalyst Window, with resistance cementing at $2.93.
DOGE Coin remains on the radar as Elon Musk speculates on X Payments. With the looming FOMC meeting and bearish September, there are speculations that Bitcoin may target $113K, resulting in selling pressure for Pi, leading to weakening of the price.
Binance has hinted at builiding more
Crypto National reserves.
LOOM Coin itself has been under the spotlight with the deposit of 19M LOOM into Binance and Bithumb.
Loom Network (NEW) has been busy and there are strong expectations about what the future holds for it. Loom's price predictions are also influenced by several other factors, including upcoming legal trials related to alleged precious metals coin fraud, potential liquidations, and other regulatory decisions.
Binance plans to delist XEM, ORBS, and LOOM perpetual contracts, adding another layer of uncertainty for Loom's performance.
LOOM Coin News Analytics from Fri, 07 Dec 2018 08:00:00 GMT to Sun, 25 Jan 2026 17:43:14 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -3
