Bitcoin’s short-term price action is still hanging in the balance, as it is currently consolidating in a key area. The next few days could determine whether the recent rally was really the beginning of a new bull market or just another bull trap. Technical Analysis By: Edris The Daily Chart On the daily timeframe, after breaking above the long-term bearish trendline and retesting both the trendline and $18K, the price has been trapped between two significant dynamic levels;...
Read More »ADA Fails at a Critical Resistance But Another Rally Still Possible (Cardano Price Analysis)
Cardano failed to rally higher after losing momentum, and now the bears appear in control. Will the key support hold? Key Support levels: $0.38, $0.33 Key Resistance levels: $0.42, $0.50 Buyers lost control of the price action after they failed to break the key resistance at $0.42. Since then, ADA has tumbled and found good support at $0.38. It is critical for the cryptocurrency to hold above this support, as a breakdown may put the bears back in charge. Chart by...
Read More »Welcome to Satoshi Island, a Region That Runs Fully on Blockchain
Denys Troyak is a native of Sydney, Australia that has a new crypto project in mind he’s calling Satoshi Island. Satoshi Island Is a Fully Crypto-Run Area The project involves creating a small city that is purely reliant on bitcoin and other digital currencies to thrive. The city will be built atop a remote (and overgrown) pacific island and will be largely private, meaning anyone who wants to get involved will likely enjoy full anonymity. Troyak got the idea because...
Read More »Vitalik Buterin Calls Elon Musk ‘Very High Variance Actor’ on Twitter Takeover
It has been a week since Elon Musk took ownership of Twitter, and he has wasted no time shaking up the struggling social media firm. The subsequent cataclysmic layoffs have left many baffled. Ethereum co-founder Vitalik Buterin, for one, believes the Tesla chief can make Twitter “really great” or “really terrible.” The latter scenario would open up new “opportunities for other people to do something great.” He added that Twitter might end up somewhere in the middle of those...
Read More »Digital Currency Services Firm Bakkt Inks Deal to Acquire Apex Crypto
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Read More »Demand for Wafini’s Utility Token WFI Surges as Project Nears Beta Launch on Cardano
[PRESS RELEASE – Please Read Disclaimer] Wafini, a community-driven DAO-powered decentralized NFT Marketplace project on Cardano, is set to release it’s initial first look of the Wafini Marketplace Demo in the coming weeks which will be followed up by Wafini’s beta launch on Cardano’s Mainnet. Wafini’s $WFI token Seed Sale saw a surge in demand as almost 30% of its allotted tokens has been scooped up by early participants, despite the bearish market sentiments, the Wafini...
Read More »Ethereum Co-founder Vitalik Buterin Foresees Increased Competition for Twitter as Battle for Social Media Dominance Takes Shape
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Read More »ZoidPay to Revolutionize the Web 3.0 Landscape with $75M Investment Commitment from GEM Digital
Press Release: A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation of Web 3.0 financial services. November 3, 2022, Bucharest, Romania — ZoidPay, the leading Web 3.0 architecture provider, has secured an investment commitment of $75M from digital asset investment firm GEM Digital Limited (“GEM”). The funding is aimed at developing the go-to open architecture for building the next generation of financial...
Read More »How Manu and Women Like Her Are Dominating Crypto
Manu is a 32-year-old woman in the region of Panchkula that’s serving as a testament to how women can get ahead in the crypto space. Manu Has Become an Active Trader As a person from a small town, Manu, in many ways, is your typical woman. She is often seen cooking, doing daily chores, and taking care of her child. However, there is something unique about her in that after all this is done for the day, she gets on her laptop and enters the world of crypto trading. Her...
Read More »eBay Reveals Its Q3 2022 Financial Results
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