Ethereum has been on another decline along with the market. After struggling to cross $3,100, the digital asset had taken another beating down that saw it crash below $3,000 once again. However, this does not signal more downtrends. In fact, indicators point to the coming upside from Ethereum despite the recent trend, one that would […]
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Dog-themed meme currency Floki Inu, named after Elon Musk’s Shiba Inu dog, is attracting Ethereum and Binance Smart Chain whales after receiving speculative market interest on Friday. On social media, Shiba and Floki followers engage in a heated debate over an ad for their respective dog-themed cryptocurrency. This may have been good news to FLOKI as […]
In a recent call with investors, executives from the crypto hedge fund Pantera Capital said they believe DeFi assets such as Ethereum could soon break out of their current correlation to traditional macro markets. The market has seen increasing similarities between these two spaces recently. But there’s no guarantee it will continue or even last […]
Monero (XMR) is trading at $172.80, down 4.61% with a low of $171.473 and a high of $183.58 in the last 24 hours. The crypto has a market capitalization of $3,126,923,853, and a price nearing the $170 resistance threshold. According to Coindesk’s price research, bearish swings are back, and price increases have been slower than […]
The DeFi market capitalization in 2021 reached $170 billion. At the same time, the opportunities of many decentralized platforms are still limited. Currently, DEXs have only a basic set of services for users, such as growing liquidity or lending. However, the potential of the DeFi market is much greater than what is presented now, and […]
Both the FBI and the U.S. Justice Department are making moves in the crypto space. Recent high-profile victories offered the necessary incentive for both organizations to take action. Reuters reports that the Justice Department hired “a seasoned computer crimes prosecutor” as their new crypto zar. For their part, the “FBI is launching a unit for […]
Ariva Wonderland is the metaverse project from Ariva.Digital, a blockchain-based tourism payments product. With its latest product, the project once again launches its users into a new world filled with possibilities. The Ariva Wonderland presents a new experience, while also allowing users to earn by owning assets. Like its parent product, Ariva Wonderland focuses heavily […]
Ethereum extended decline below the $3,000 support against the US Dollar. ETH price tested the $2,850 support, below which it could nosedive. Ethereum started a sharp decline below the $3,000 support level. The price is now trading below $2,950 and the 100 hourly simple moving average. There was a break below a key bullish trend […]
Bitcoin started a fresh decline below the $43,000 support against the US Dollar. BTC declined sharply to $40,000 and might continue to move down. Bitcoin started a fresh decline below the $43,000 and $42,500 support levels. The price is trading below $42,000 and the 100 hourly simple moving average. There was a break below a […]
Bitcoin has continued its descent towards $40,000 proving that the reversal was only temporary. While there is not enough to rule out another recovery, the current trend does point to more downside before the digital asset can find its footing and recover above $44K. This hard-fought resistance point that the cryptocurrency had managed to beat […]
On-chain data shows the Ethereum netflows are sharply turning positive, a sign that could prove to be bearish for the crypto. Ethereum Exchange Reserve Rises As Netflows Become Positive As pointed out by an analyst in a CryptoQuant post, exchanges have observed net ETH inflows recently, swelling up their reserves. The “all exchanges netflow” is […]
The price of Bitcoin fell below $44,000, and many altcoins followed suit. Ethereum struggled to maintain its value around the $3,000 mark while other cryptocurrencies dropped even further, including Cardano, Solana, BNB, and many more. Bitcoin is trading below the 50-day moving average for the first time in five weeks, after briefly reaching a high […]
Electricity consumption has been one of the major concerns with the advent of cryptocurrencies especially Polkadot. Though with models running with the Proof-of-Stake (PoS) consensus mechanism, this electricity use seems to be minimal since their process for transaction validations is staking. But the story is not the same for those running with Proof-of-Work (PoW) such […]
Twitter has had the “Tip Jar” feature for a while now and it has been a smooth sail so far. Bitcoin had been the only cryptocurrency option to tip on the feature but that is now changing. This week, Twitter introduced a new payment method to its Tip Jar feature, ethereum. This will allow users […]
Cardano (ADA) is presently trading at USD1.077, according to market indicators Thursday, which shows the crypto may be nearing the conclusion of its slump. The seventh-largest cryptocurrency by market cap is experiencing a bearish algorithm throughout February, leading up to its current market price. As of Thursday’s trading, the psychological level of support at $1.00 […]
These five moments shaped Bitcoin On-Chain analysis. Down below you’ll find a basic 101 article that reviews the basic concepts of the trade. If you have any problem with the list, David Puell is to blame. He’s a full-time on-chain analyst and the creator of MVRV and Puell Multiple. He didn’t include the metrics he […]
DIA, the open source data platform for decentralised finance and the UK FCA-regulated crypto index provider CF Benchmarks announced today that they will make CF Benchmarks’ crypto index reference prices available via the DIA oracle suite. With a total settlement volume of more than $500bn since its inception in 2017, UK-based CF Benchmarks Ltd is […]
Experienced crypto traders who’re willing to share their insights with others in return for rewards might want to take a quick look at NAGAX now that the platform has opened for pre-registration. NAGAX is a new platform that’s aiming to bring the concept of “social trading” into the crypto trading space. In many ways it’s […]
Bitcoin price, in the face of a possible Russian invasion of Ukraine, is shedding 0.7% of its value and is currently trading at $43,352 on Coingecko charts Thursday, retreating from the $47,000 level it hit on January 1. Ethereum (ETH), the second most popular cryptocurrency also, is also down 2.14% to $2,873. The world’s most […]
Ethereum failed to clear the $3,200 resistance against the US Dollar. ETH price is declining and might retest the $2,960 support zone in the near term. Ethereum is struggling to clear the $3,190 and $3,200 resistance levels. The price is now trading above $3,050 and the 100 hourly simple moving average. There is a major […]