Ask a tech-savvy or an investment expert about their current favorite trend and they would instantly say ‘Crypto’ or ‘Blockchain’ Yes, that’s the insane craze for virtual currencies and Web3 protocols amongst the Millennial aficionados who are placing all their bets on these new-age technologies. While crypto continues to grow keeping up with its character …
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Dogecoin remains bearish at the time of writing as it just broke below its immediate price support line. Broader market weakness can be attributed to the price fall. Major market movers have displayed choppy price action. Over the last 24 hours, Dogecoin lost 2% and in the last week, it declined by 8%. The global …
Continue reading “Can Dogecoin Slide Further? Key Technical Levels To Keep An Eye On”
Shiba Inu had picked up momentum just a week back when it soared by 35% following the news of the Robinhood listing. The broader market currently exhibits weakness as Bitcoin continues to struggle beneath the $40,000 mark. Ethereum also was priced at $2900 at press time. The king altcoin was rejected from the $3000 level …
Continue reading “Shiba Inu Could Be Bearish, But This Pattern Suggests Otherwise”
Bitcoin isn’t the king of cryptocurrency for nothing. Most major cryptocurrencies have dipped incredibly low on Saturday, and that includes Bitcoin (BTC) but it doesn’t seem to budge. Bitcoin was trading at $39,510 late Friday, down 4%, based on charts by Coingecko, which signals dangerous waters in trading. Traders have incurred monumental losses in equity …
Continue reading “Bitcoin Struggles To Breach $40,000 Level, Down 4% In Last 24 Hours”
Is Bitcoin ready to throw in the towel and allow Shiba Inu to snag its crypto gold status? Not likely. But, anything can happen. 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! If you want a more reliable and stable …
Continue reading “Move Over Bitcoin – Is Shiba Inu The Next Crypto Gold?”
A popular crypto analyst says that he’s closely following one indicator that has consistently marked the bottom for Bitcoin (BTC) since 2017. In a new video, crypto strategist Kevin Svenson tells his 68,200 YouTube subscribers to keep a close eye on the weekly Coinbase volume of Bitcoin, which he says has been an accurate indicator …
The difference between the LP tokens’ value and the underlying tokens’ theoretical value if they hadn’t been paired leads to IL. Let’s look at a hypothetical situation to see how impermanent/temporary loss occurs. Suppose a liquidity provider with 10 ETH wants to offer liquidity to a 50/50 ETH/USDT pool. They’ll need to deposit 10 ETH …
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The concept of lending and borrowing is as old as time itself. Regarding finances, while some individuals have more than enough for themselves, others barely have enough to get by. As long as there is this imbalance in finance distribution, there will always be a need to borrow and a desire to lend. Lending involves …
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Bitcoin (BTC) and several altcoins are trading in a tight range during the weekend, suggesting that investors are undecided about the next directional move. Traders may be waiting for Wall Street to open before placing large directional bets because Bitcoin has been tightly correlated with the S&P 500 in the past few days. The sharp …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, DOT, XMR, APE, CAKE”
In a recent development, roughly $2.7 billion in Bitcoin (BTC) was recovered from a wallet linked to a Silk Road hack in 2013 and will be used to wipe out the debt owed to the U.S. Government by creator Ross Ulbricht. More than $183 million is owed by Ulbricht in fines from illegal sales undertaken …
New York has become a battleground for crypto mining after lawmaker Anna Kelles submitted a proposal to “place a two-year moratorium on reactivating fossil-fuel power plants for off-the-grid cryptocurrency mining,” the Wall Street Journal reported. Kyle Schneps, director of Bitcoin mining company Foundry Digital LLC, said. “We view the battle going on in New York …
The recent geopolitical tensions in Russia and Ukraine have dramatically affected the prices of cryptocurrencies. When Russian President Vladimir Putin announced a “military operation” in Ukraine, the crypto market went down by 10%. However, the very next day, the market recovered, and new highs were recorded. Bitcoin, which went down by 8%, rose by over …
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The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping to offload 12 megawatts of capacity, according to a company executive. Compass …
Continue reading “Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia”
Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network difficulty change expected three days from now on April 27. Bitcoin’s Hashrate Records an All-Time High, Hashpower Increased 55% Higher …
During the last year, the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection has become one of the most popular NFT projects. After weeks of a continuous rise in value, the current floor price for a single Bored Ape NFT is 130 ether or $382K. Following the floor price rise, the decentralized derivatives exchange …
Continue reading “Derivatives Exchange Injective Pro Launches Bored Ape NFT Floor Price Perpetuals”
