Bitcoin has calmed once again over the $46,000 mark, while some altcoins have reduced its dominance over the market with impressive gains. Terra is among those as LUNA soared by almost 10% in a day and charted a new all-time high at close to $120. Terra’s Latest ATH Most altcoins experienced enhanced volatility a couple of days ago, went back on the offensive yesterday, and have stalled today. Ethereum, for example, dipped to $3,300 before it shot up to just over $3,500...
Read More »Bitcoin Cash Analysis: Bulls Struggle Below $400
Bitcoin cash price started a fresh increase from the $320 support against the US Dollar. The price is now trading above the $360 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $362 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but the bulls might remain active near the $350 support zone. Bitcoin cash price is showing positive signs above $360 against the US...
Read More »Rio de Janeiro Permits BTC Payments for Real Estate Taxes
If you’re a bitcoin lover and you own real estate in the city of Rio de Janeiro, Brazil, there’s a good chance you’re feeling pretty lucky right about now. The city government has announced that those who own real estate in Rio de Janeiro can pay their real estate taxes with bitcoin and other forms of crypto. Rio de Janeiro Is Pushing Crypto Forward The move is proof, once again, that Latin America and crypto appear to go hand in hand. Several countries in that neck of...
Read More »EOS Price Analysis: Rally Could Extend Above $3.20
EOS price started a fresh increase from the $2.20 zone against the US Dollar. The price is now trading above $2.80 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume increase if it clears the $3.02 resistance zone. EOS price is showing positive signs above $2.80 against the US Dollar, similar to bitcoin. The price could...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim Rally Above $135
Litecoin is eyeing an upside break above the $135 resistance against the US Dollar. LTC price is now trading above $122 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it manages to clear the $135 resistance zone. Litecoin price is gaining pace above $125 against the US Dollar, similar to bitcoin. LTC...
Read More »Seven Men from Hong Kong Arrested Following Alleged Kidnapping of Crypto Trader
Seven members alleged to be members of the Hong Kong triad have been arrested in connection with the kidnapping of a cryptocurrency trader. The trader was held last year for ransom that amounted to roughly $3.8 million USD. Seven Hong Kong Men Are Now Facing Life Imprisonment The men have been arrested in mainland China and will be handed over to authorities in their native Hong Kong at the Shenzhen Bay border control point this week. Some of the suspects that were...
Read More »Solana (SOL) Price Analysis: Rally Could Extend Above $115
Solana price started a fresh increase above the $100.00 level against the US Dollar. The price is now trading above $100.00 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $108 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $115 to continue higher in the near term. Solano price is gaining pace above $105 against the US Dollar, similar to bitcoin. SOL could extend gains if it...
Read More »Will Smith Cryptocoin explodiert nach den Oscars
Am Wochenende fand wieder die alljährlichen Oscarverleihung statt. Doch in diesem Jahr waren es weniger die Preise und vielmehr Will Smith, der einen Comedian auf der Bühne ohrfeigte, der im Mittelpunkt des Medieninteresses stand. Infolgedessen zeigte sich auch die Unberechenbarkeit des Cryptomarktes. Crypto News: Will Smith Cryptocoin explodiert nach den OscarsInnerhalb von 24 Stunden nach dem Oscar-Event explodierte ein Token, der mit dem Namen Will Smith vermarktet wird. Der sogenannte...
Read More »Vitalik Buterin Isn’t Crazy About NFTs
Vitalik Buterin – known for his role in creating Ethereum, the largest altcoin on the market and arguably bitcoin’s biggest competitor – isn’t a huge fan of non-fungible tokens or NFTs, as they’re called for short. In a recent interview, he warned against NFTs and claimed they were “dystopian.” Vitalik Buterin Doesn’t Like How Big NFTs Have Become Ethereum is largely responsible for giving way to NFTs. These tokens require smart contracts, which up to one point, was...
Read More »Altcoins like DhabiCoin (DBC), Cardano (ADA), and Axie Infinity (AXS) heat up the market.
The swing of BTC has marked the last two weeks of the cryptocurrency market. In contrast, alternative cryptocurrencies like DhabiCoin (DBC), Axie Infinity (AXS), and Cardano (ADA) soar in the market. BTC has been accumulating a period of low prices due to the interference of macroeconomic issues and the war scenario in Eastern Europe. BTC had a timid valorization in the last fourteen days and 6.6% over the previous seven days. Altcoins are pulling the market up in...
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