Crypto news

Ripple failed to breach the $0.55 resistance region and experienced a significant plunge of 26%, arriving at the crucial support level of the 100-day moving average. However, the price is likely to consolidate within this range, encountering significant support. Technical Analysis By Shayan The Daily Chart On the daily chart, following Ripple’s rejection from the $0.58 level, its price suffered a massive decline, experiencing a whopping 26% drop. However, XRP is currently...

Bitcoin gained traction not too long ago even though the Federal Reserve announced it was hiking rates another 0.25 basis points. Bitcoin Remains Strong This is proof that many people have restored their faith in the world’s number one digital currency by market cap and are shirking both Federal Reserve and banking concerns to the side. The American economy and the banking crisis the country is enduring at the time of writing would likely cause many standard traders and...

US payment giant Mastercard has dispatched a new Web3 solution that seeks to bring more trust to blockchain transactions. Dubbed ‘Mastercard Crypto Credential,’ the offering will establish a set of common standards and infrastructure that will “help attest to trusted interactions among consumers and businesses using blockchain networks.” Mastercard Crypto Credential In a blog post published on April 28th, Mastercard highlighted the need for trusted, compliant, and verifiable...

Coinbase just can’t seem to catch a break. Not long ago, the company was the subject of a lawsuit that’s now being examined by the U.S. Supreme Court, and the trading platform is also the receiver of a Wells notice sent by the Securities and Exchange Commission (SEC), proving once again that the agency has just become a complete bully to all digital currency firms. Will the SEC Go After Coinbase? To be clear, Coinbase has not been charged with anything at the time of...

The past 30 days have seen a decline in trading volumes and prices of most non-fungible token (NFT) projects, likely due to the prolonged bear market of 2022 and the first quarter of 2023. According to data from blockchain analytics firm IntoTheBlock, only six of the top 20 NFT collections by market capitalization recorded increased trading volumes over the last 30 days. The remaining collections experienced a significant decrease, ranging from 20% to 99%. NFT Trading Volume...

The past few days of April did not bring any substantial price moves in either direction for bitcoin, which remains north of $29,000. The altcoins are also calm during the weekend as the trading volume has disappeared. On a weekly scale, though, BTC’s dominance has risen by over a percentage. BTC Maintains $29K During Weekend This weekend resembles the previous one in terms of lack of volatility, aside from BTC’s highest price point. Last Monday began with bitcoin jumping to...

[PRESS RELEASE – Singapore, Singapore, April 28th, 2023] “Alphie” bot currently specializes in the hot ZK & Optimistic Rollup sectors, with more to come Ojamu, the AI & Blockchain-powered intelligence platform geared towards providing insights into the blockchain & Web3 economy, announced its latest product today, with the launch of its ChatGPT integrated bot “Alphie”, available in both mobile and desktop versions. Alphie is an advanced, AI-driven ‘Alpha Finder,’...

Google Cloud announced plans to assist Web3 startups and projects to build and scale faster and more securely. The new offering expands on the existing initiative called – “Google for Startups Cloud Program” by including additional Web3-specific benefits. The Initiative According to the official press release, eligible Web3 technology projects and startups from pre-seed to Series A will be able to apply for the Google for Startups Cloud Program. Projects can also opt-in to...

A 49-year-old resident of Kolkata, India, reportedly drowned in the Hooghly River. The primary autopsy found no evidence of violence, suggesting he committed suicide.  The man supposedly invested in shares and bitcoin, hinting that a potential loss on his investment could be one reason behind his unnatural death. Another Indian Jumping off a Bridge A recent coverage informed that the Indian police found the body floating in the Hooghly River, several miles north of Kolkata....

Bitcoin has received support at the crucial 50-day moving average, located at $27,000. This has led to a rally that aims to break through the significant resistance level of $30K. Despite the cryptocurrency’s overall bullish outlook, there is potential for rejection from this price range. Technical Analysis By Shayan The Daily Chart Following a short-term correction, Bitcoin found support at the 50-day moving average, presently found at $27,300, resulting in another uptrend....