Many traders use technical analysis to determine Bitcoin’s short-term price movements This could lead to a ‘self-fulfilling’ death cross as Bitcoin traders expect further losses Bitcoin’s 50-day moving average is in the process of crossing the 200-day moving average to confirm the death cross Bitcoin’s price will most likely continue to drop in the months …
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The Chainlink Community Grant Program is expanding beyond smart contracts and blockchain projects focused on the Chainlink ecosystem Social Impact Initiatives will now be included in the Chainlink Community Grant Program The grants program will now fund developers and researchers building real-life solutions using smart contracts The team at Chainlink has announced the expansion of …
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Binance has launched its new Bitcoin Dominance perpetual contract, BTCDOM The BTCDOM contract will have a maximum leverage of 25x and use Tether (USDT) as collateral BTCDOM is a cryptocurrency index comparing Bitcoin to the top 20 digital assets on Binance by market cap, excluding stablecoins The BTCDOM index is uncapped which means it can …
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Nascar Driver Landon Cassill will receive his entire payment in Litecoin (LTC) Mr. Cassill will be the first Nascar Driver to be paid entirely in cryptocurrency The payment in Litcoin is part of a 19-race sponsorship deal with Voyager At one point, Charlie Lee helped Landon Cassill understand Litecoin when he was mining LTC in …
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Grayscale has updated the list of digital assets it has been exploring as potential additions to its product offerings Grayscale has added 13 digital assets to the list including Polygon (MATIC) and Solana (SOL) Grayscale now has $34.4 Billion in assets under management In the last 30 days, Grayscale has purchased several altcoins including Filecoin, …
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Bitcoin’s dominance is once again on the rise and at 45.89% Such a rise usually causes a reallocation of capital away from Ethereum and alts, back to Bitcoin Ethereum risks dropping to $1,800 due to the increased influence of Bitcoin $2k remains the support level to watch for Ethereum A rise in Bitcoin’s dominance could …
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XRP’s $0.80 support continues to hold slightly above the 200-day moving average XRP’s 200-day moving average provides adequate support at the $0.72 price area However, a loss of both the $0.80 and 200-day MA could lead to a retest of $0.65 The digital asset of XRP has had an amazing run in the markets between …
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r/ShibaInuCoin subscribers have grown by 59,381% in Q2 of 2021 There were only 90 subscribers in early April, now r/ShibaInuCoin has 53,533 Shiba Inu’s popularity has led to a listing of SHIB on Coinbase Pro However, deposits and trading of Shiba Inu ran into technical difficulties ShibaSwap is also on the horizon and SHIB could …
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According to Coinmetrics, Tron is the fastest blockchain in terms of transactions per second Tron’s throughput exceeds that of Bitcoin, Ethereum, Cardano and XRP Tron’s users continue to grow with the network exceeding 40 million unique accounts However, TRX is currently trading above the 200-day moving average with a potential death cross, only weeks away …
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KuCoin Community Chain (KCC) is now live The KuCoin Community Chain (KCC) was a collaborative effort between KuCoin and KCS fans KuCoin Community Chain’s mission is to provide the community with a faster, more convenient, low-cost experience KuCoin Token will be the native token of the KuCoin Community Chain KCS token could thrive with the …
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The number of daily transactions on the Binance Smart Chain has dropped by 60% since May’s high of 11.838 million Unique addresses on the Binance Smart Chain are still growing and have reached an all-time high of 78 million Binance Coin (BNB) whales have increased by roughly 7% since mid-May The accumulation could be due …
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Bitcoin could retest the $48k to $50k range if it keeps moving higher This is according to an analysis by the inventor of Bollinger Bands, John Bollinger Mr. Bollinger however cautions that the market ‘will let us know’ Bitcoin has been consolidation between $39k and $41k for two days Bitcoin recapturing $42k and the 200-day …
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Daily active addresses on Ethereum have dropped by 11.1% in the last week In comparison, Bitcoin’s active addresses have only dropped by 0.7% in the same time period Mining revenue for Ethereum has also dropped by 10% Ethereum’s mean transaction volume has also hit a one month low Goldman Sacks plans to launch Ethereum futures …
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Polkadot has been listed on Coinbase Pro Coinbase Pro is currently accepting DOT deposits in preparation for trading that begins tomorrow, June 16th The Coinbase effect is still alive and kicking as seen with DOT’s double-digit gains since the announcement Polkadot’s 200-day moving average continues to act as a resistance. DOT needs to reclaim it …
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After an impressive 6 months in the crypto markets, Ethereum could be gearing up for a cooldown Timothy Peterson cautions that Ethereum may be in for a rough few months This is based on historical performances of Ethereum during the summer months Ethereum’s $2k support is the level to watch moving forward If $2k fails, …
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