DOT price lost over 5% within the last 24 hours, moving to the lows of $21.21. Trading volume surged around 25%, confirming the bearish case. Sellers set stop-losses at today’s peak of $23, eyeing profit-taking. Polkadot (DOT) remains largely bearish today as the alternative token lost more than 5%, hitting low levels of $21.21. The…
Shiba Inu was among the alts with impressive upswings since last week. With that, it challenged the Point of Control that provided the highest liquidity for almost three months. Moreover, VeChain and Binance Coin had short-term technicals projecting 1-sided bullish favoritism. Meanwhile, the trio indicated overbought RSI that may target to test immediate supports. Shiba…
Litecoin finally released the Mimblewimble upgrade following 24 months of development. The update makes the Litecoin ecosystem ensure privacy-focused transactions. That comes when lawmakers increased scrutiny on anonymous protocols. A Vital Upgrade Litecoin integrated Mimblewimble via MWEB (Mimblewimble Extension Block). MWEB ensures platform users access confidential transactions. David Burkett, the lead developer, stated that the…
VeChain price analysis reveals bullishness today. VET’s massive resistance sits at $0.0878. VeChain trades at $0.0554. VeChain price outlook shows the alternative coin followed a massive upside trend within the past 24 hours. The price maintained a positive stance, recording significant surges, nearing the value zone at $0.0560. The crypto surged 0.84% today, with its…
BNB price needs to reclaim footing at $414 for bulls to eye higher zones. Meanwhile, the massive obstacle around the 50% retracement mark of $504 may confront Binance Coin bulls. Failure to rally past $414 might witness the exchange coin falling lower to 200 3-day SMA. Binance Coin (BNB) plunged under a crucial defense line…
CRO secures early footing following Tuesday’s upswings. A decisive move past $0.60 will see Crypto.com exploring November’s all-time highs. Crypto.com is a blockchain platform supporting crypto trading and other cryptocurrency-related services. Moreover, users can utilize the site to earn, borrow, and spend cryptos. The network has CRO as its native coin. Crypto.com Brand Goals Indeed…
Binance Coin hovered beneath the 20, 50, and 200 SMA amid pessimistic reactions in the crypto space within the past 24hrs. The alternative coin recorded 24-hour plummets following the January 17 engulfing candle as its Chaikin Money Flow weakened. Contrarily Ethereum Classic witnessed surges within the last 24 hours but remained with low volatility. Binance…
Fantom (FTM) is among the ETH-layer1 competitors that have trended recently. The weekend had the altcoin rallying higher towards $3.40, registering another ATH. That came after FTOM noted a stable 15% upsurge on 16 January yesterday. According to on-chain analytic firm Santiment, Fantom’s funding rate on sites like Binance turns negative, showing massive shorts. Nevertheless,…
Most top alt, including DOGE, MATIC, LUNA, and DOT, gained more than 15% over the week. Meanwhile, Near Protocol saw its native coin NEAR surging over 35% as the Layer1 network witnessed intensified competition. Bitcoin noted a tide shift this week, rising past the psychological level of $42,000. That comes after the leading crypto lost…
VeChain and Tron broke out of reversal patterns as Bitcoin’s 4hr RSI secured a close past the midline after hovering beneath the level for fourteen days. As VET reclaimed the critical level at $0.076, Tron crossed the short-term 20-Simple Moving Average obstacle. The broad market flashed bullish moves over the last day. However, more volumes…
AXS plunged under a vital technical support zone. Axie Infinity might see another retracement, losing 16 – 30%. Expect recoveries back past $85 if the bulls gather for upside action. Axie Infinity (AXS) appears in a rough condition and accelerated downtrends at the start of this year. Market players seem not interested in the token…
According to data, Compound’s (COMP) price has observed a 4.86% increase in the past 24-hours. It is because of the rise that the price of Compound is now sitting at $214.09 per COMP. The trading volume observed by Compound in the same period is worth $102,453,437, showing there is 498,190 COMP in circulation. In the…
Ethereum based Blockchain network, the Polygon protocol has revealed how it had secretly patched a system vulnerability that could have seen it lose all its MAFIC tokens for good. The one constant in the crypto Blockchain tech is system vulnerability and inherent bugs. All systems leveraging Blockchain networks are indeed vulnerable as it is one…
The UK’s MPs (Members of Parliament) have requested the FCA (Financial Conduct Authority) to restrict the utilization of the terms “investment” and “invest” by crypto companies for promotional objectives. As per a report published on 9th December by The Times, it was informed by the treasury select committee’s MPs to Nikhil Rathi (the chief of…
The Federal Bureau of Investigation took up to $2M value in digital assets connected to ransomware outbreaks carried out by Aleksandr Sikerin (a Russian citizen). The respective criminal is well-known for having an attachment with REvil (a notorious gang involved in cybercrimes having assaulted numerous businesses across the United States during recent times. REvil comes…
A notorious trader of cryptocurrency, Jordan Belfort, known as “the Wolf of Wall Street,” criticized $SHIB (Shiba Inu) and $DOGE (Dogecoin), along with others, to be illegal. The Sun conducted an interview in which Belfort stated that $SHIB, as well as $DOGE, did not have any value or else any utility, and they were put…
The topic of a crypto advertisement on social media platforms has been widely discussed this entire year. The fundamental instance of this took place during the previous months as Google modified its policy regarding crypto ads, which was a gesture to indicate a somewhat addition in the favorability for crypto venues advertising on the channels…
The eighth biggest crypto exchange around the world per Coingeko, Kraken, declared to initiate its support for the trade of SHIB (Shiba Inu), a crypto token that has taken inspiration from Dogecoin and acquired much fame following the success of meme tokens in the time of lockdown during COVID-19. Shiba Inu, to be listed on…
Adidas has jumped into the crypto space by building collaboration with The Sandbox (a metaverse-based playground) as well as Coinbase this week. The contracts do not provide enough details at this time but certainly offer a way for the company to take a step into the world of blockchain technology and cryptocurrency. The respective move…
Ripple, while devising the relatively stretchy regulations for overseas, has been persuading the U.S. officials to incorporate additional clarity in the local crypto sector as well. Presently, the blockchain firm (which is based in San Francisco) has taken a move ahead and presented its proposal regarding crypto regulations. The proposal Ripple focused on the necessity…
Implementation of the regulations on Russian crypto mining could provide significant advantages to both the native miners as well as the state. The State Duma, the Energy Ministry, and the Economic Development Ministry want the legalized status of cryptocurrency mining as a business to be controlled being an entrepreneurial activity, in Russia. Nonetheless, the central…
LUNA, the native staking token that serves as the foundation of the Terra blockchain, reached a new all-time peak of $68.29 earlier this week. According to data published by CoinMarketCap, the cryptocurrency has gained over 14% in the last 48 hours. As a result of the most current price increase, LUNA’s market capitalization has surpassed…
The Brave browser has recently made an important announcement for cryptocurrency investors. The company has recently made the updated version 1.32 online. The new upgrade allows users to access a built-in digital wallet feature. In a press release held on Tuesday, Brave executive told media that the digital investors would be able to access the…
A senator of the United States, Cynthia Lummis representing Wyoming has aired out her opinion about BTC, XRP, and Dogecoin among other digital assets in a show on CNBC called Squawk Box show. The senator said the only lasting cryptocurrency, in the long run, will be Bitcoin while others will fade with time. Special Attention…
For the time being, Cardano is not doing very well on the cryptocurrency leader board. The native token of Cardano, ADA, has been overtaken by SOL native to the Solana network. This recent event has sparked debate and controversy among the Cardano traders. To address the issue, Cardano founder Charles Hoskinson has hosted a live…
