Kazakhstan saw protests recently following increasing electricity costs. The nation’s leading telecommunications provider halted internet access. BTC mining hashrate declined by 13.4% after the internet shutdown. Reports indicate Kazakhstan saw an internet shutdown on 4 January after fuel protests. That disrupted communications in the country on 5 January. Though the nation’s reigning cabinet resigned, shutting…
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…
ADA price has printed a bottom reversal formation, indicating a possible 14% hike. On-chain data confirms the potential surge, but ADA will hardly sustain the rally. Breaching the support floor at $1.20 will erase the bullish narrative. Cardano’s (ADA) price has created a bottom reversal setup, suggesting a potential trend shift. Bouncing off the closest…
BTC launched a consolidation phase inside the $48,500 – $48,000 resistance range. Bitcoin’s price wavers beneath $48,000 and 100-hourly Simple Moving Average. The hourly chart indicated an incoming connecting bearish trend-line with resistance at $47,600 (Kraken data feed). Failure to rise past the $48,000 obstacles might translate to colossal plummets. Bitcoin struggles to reclaim price…
Among the newly-listed cryptocurrencies, it is Animaltycoon (AMT) that has demonstrated the worst performance since its debut. From the time of its debut, Animaltycoon has exhibited over 98% plummet in its value. As a result of the plummet, Animaltycoon’s price is now at $0.000002943 per AMT. The trading volume observed by Animaltycoon from the time…
For delaying the “Ice Age” impact, Ethereum has several times upgraded protocols for the purpose. In recent times, Ethereum has employed an upgrade called “Arrow Glacier” and bought a further six months’ time to avoid the impact. While the impact has been delayed but also the profit-making for Ether miners too has skyrocketed. Nowadays, Ethereum…
Crypto market conditions may not be looking as sharp as they should be while the year is about to reach its eventual end. However, the chances of flipping the ordinary-looking conditions into ‘extra-ordinary’ ones need unusual circumstances such as a ‘miracle’. Bitcoin commenced this week with a price tag of US$ 51,000 plus while only…
New Year Token (NYT) is currently the top-performing token in the crypto-market industry. New Year Token’s price has increased by 431.63% in the past 24-hours. Following the increase, New Year Token’s price has moved up to $0.0182 per NYT. As of now, the 24h trading volume for New Year Token is $1,747,239, moving up by…
At present, the bulls are making an attempt of keeping Ether (ETH) away from the descending channel. As per data from TradingView, the bulls are trying to push ETH’s price higher increasing their purchasing power. Currently, the bullish trendline shows that the bulls are attempting to push ETH’s price over the $4,055 per ETH, which…
Finally, after two weeks of a bearish trend, the prices of the major cryptocurrencies have started picking up pace. The past 7-day CoinMarketCap report surrounding the top-3 cryptocurrencies; Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB), seems to be very promising. According to the report, Bitcoin’s price is moving in an upward direction. The past…
What is the fair value of Bitcoin? Pegging the price of an asset is based on supply and demand. In the world of equities, fundamental analysts use price-to-earnings ratios and price-to-sales ratios to provide investors with a “fair value.” Bitcoin is a digital coin. Additionally, Bitcoin has an interest rate. Some trading platforms allow you…
The price of Decentraland (MANA) has reportedly gained 5.94% growth in the past seven days. Similarly, Decentraland’s price has experienced a 2.68% raise, bringing its price up to $3.26 per MANA. CoinMarketCap performance report shows that Decentraland’s price has hit a high price worth $3.33 per MANA in the past 24-hours. Then the 24-hour low…
The price of Bitcoin (BTC) is currently experiencing a dip as its price has dived by 1.57% in the past 24-hours. Following the dip, BTC’s price is now at $46,443.71. Surprisingly, BTC has managed to make a recovery after experiencing a dip going all the way down to $45,601.17 in midday trading. However, its price…
In the past 24-hours, GrimToken (GRIM) has demonstrated the worst performance among the rest of cryptocurrencies. The performance data surrounding GrimToken shows that it has experienced an almost 63% plunge in its price and valuation. After the plunge, the price of GrimToken is down to $0.2895 per GRIM. As for the trading volume, it has…
On the list of worst-performing cryptocurrencies, the crypto experiencing the worst plunge in the past 24-hours is HarmonyPad (HPAD). The data from Glassnode shows HarmonyPad’s price has plummeted by 59.24% in the past 24-hours. As a result of the plummet, HarmonyPad’s price is now at $0.00999. The data shows that the trading volume for HarmonyPad…
“None of the unauthorized or non-licensed or illegal crypto miners will be spared in Russia as the state authorities have been empowered under the new law to arrest them, prosecute them and send them to jails for serving imprisonment”, says a lawmaker from the Russian Federation. The lawmaker adds further that even those miners who…
In today’s list of top-performing cryptocurrencies, it is Facebook Metaverse (FACEMETA) demonstrating promising growth. The price of Facebook Metaverse has swelled tremendously in the past 24-hours, showing that it has gathered a huge rally. Its price has surged by 418.06% in the past 24-hours, bringing its price up to $0.0000000335 per FACEMETA. Keeping in the…
As the prices for cryptocurrencies continue to fluctuate across the board, different predictions are coming in for major cryptocurrencies. The analysts currently have their eyes set upon major cryptocurrencies and they are coming up with all possibilities surrounding their trends. The first cryptocurrency that comes under the spotlight is Cardano (ADA). As of now, the…
On the avalanche network, the cryptocurrency demonstrating the highest performance in the past 7-days is Life DAO (LF). The data shows that in the past 7-days, Life DAO’s price has experienced a 400.86% rally in the past 7-days. After the rally, the price of Life DAO has reached a price of $229.87 per LF. The…
Doge Raca (DOCA) is currently among the highest performing cryptocurrencies, having grown by 52358.58% in the past 24-hours. The constant surge has helped Doge Raca’s grow all the way up to $0.00003204 per DOCA. Doge Raca’s trading volume has moved up by 202.25% in the past 24-hours, coming up to $133,037. The next cryptocurrency is…
It was on December 4, 2021, when the price of Polkadot (DOT) came all the way down to $32.21 per DOT. The data from TradingView shows that the $32.21 per DOT figure was the strong support for DOT. Prior to the plunge, it was considered that the bulls do whatever they could in order to…
Since the beginning of 2021, Binance Coin (BNB) has proven to be extremely profitable for cryptocurrency investors. The digital has been growing larger since the start of the year 2021, although it has been around since 2017, right when the Binance exchange launched. From the start of the year, its valuation has grown all the…
The global crypto economy continues to be over-dominated by two of the best digital currencies of the world namely Bitcoin and Ethereum. However, Ethereum’s progress as compared to its rival, Bitcoin, has been such that Ethereum is overpowering Bitcoin in multiple aspects. For instance, as of today, Ethereum has halfway neared Bitcoin’s market capitalization of…
Dogecoin trades on downtrend mode as it prepares a 20% surge towards $0.239. Magnified buying momentum will see the meme coin extending its run-up to $0.256. However, breaking beneath the $0.183 range low will cancel the bullish outlook. Dogecoin price appears to head towards the price zone that exhibits high reversal probability. That confirms that…
Ether (ETH) has reached a new high against BTC. ETH year-to-date returns have increased to slightly above 350%, all as a result of its new high achiever this week. For the first time this year, the ETH/BTC pair bid hit a record 0.0835 BTC on Coinbase. This bullish movement started sometime in October after Ethereum…
