Bitcoin’s RSI has been rejected from a significant long-term trendline three times. When the RSI hit the mentioned trendline, the price plummeted sharply and was rejected. To provide prospects of positive development in terms of price, the trendline needs to get broken. Technical Analysis By Shayan The Daily Chart The $37K threshold has become a significant support level for Bitcoin, acting as a substantial hurdle for bears. If this level fails to hold, the price will likely...
Read More »DeFi Crisis Averted: NEAR Protocol’s Rainbow Bridge Attacker Loses 2.5 ETH
On May 1, the NEAR Protocol Rainbow Bridge was attacked. The cross-chain bridge had temporarily been suspended for maintenance after detecting abnormal activities. In a detailed post, Alex Shevchenko, CEO of Aurora Labs, revealed that the attack was stopped automatically as the bridge architecture was designed to resist such events. No funds were lost during the event, Shevchenko added. The Attack It all started when the attacker sent some ETH through the popular coin mixer,...
Read More »Stellar Lumen (XLM) Price Faces Uphill Task Near $0.18
Stellar lumen price started a fresh decline from the $0.1950 resistance zone against the US Dollar. XLM price is now trading below $0.1800 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $0.1800 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a move below the $0.1700 support. Stellar lumen price is trading in a bearish zone below $0.1800 against the US Dollar,...
Read More »Bitcoin gratis: Die besten Give Aways und Freebies
Die besten Bitcoin Freebies und Give Aways, die tatsächlich funktionieren! Endlich eine Liste mit tollen Bitcoin Freebies und Give Aways, die tatsächlich funktionieren: 100 USDT geschenkt | Binance Die Binance Bitcoin App ist ausgefeilt und bietet ein grosses Sortiment an Funktionen.Binance schenkt jedem neuen User 100 USDT bei Anmeldung via diesem Link:https://www.binance.comBedingung: Innerhalb von 14 Tagen mindestens 50 USD-Dollar...
Read More »What’s the Craze Around The Next War, a blockchain-based Play-To-Earn shooting game?
Shooting games have been a popular genre with one the largest user base of all. And with blockchain technology making inroads in the gaming industry, why not make the best out of both and create something fun and exciting? So, here we are with The Next War (TNW), a game that takes the Battle Royale style a step ahead. While there are a bunch of other games in the market, none of them are sustainable. You spend a few hours playing one but does that help in any way apart...
Read More »Ripple Price Analysis: Bulls Attempt Recovery Above $0.6
Ripple price started a fresh decline from the $0.7650 zone against the US dollar. The price is now trading below $0.65 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.6080 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend recovery if there is a move above the $0.6330 resistance zone. Ripple price is struggling below $0.6500 against the US Dollar, similar to...
Read More »Coinbase Cloud Collaborates With Acala Foundation in Support of Liquid Staking
Web 3 and blockchain infrastructure provider Coinbase Cloud has announced a new partnership with Acala Foundation, the DeFi hub of Polkadot, by first bringing KSM liquid staking on Karura. KSM is the native token of the Kusuma network, a public pre-production environment for Polkadot. Unlike traditional staking in proof-of-stake networks, Liquid staking allows asset delegators to access their funds while staking their tokens. In this way, validators can put their staked...
Read More »Dubai Property Developer to Accept Bitcoin and Ethereum Payments
Major Dubai-based real estate developer Damac Properties has revealed that it would receive payment for property in cryptocurrency. Buy Property With Bitcoin and Ether According to Khaleej Times, Damac said it would add payments for any of its properties that can be made in Bitcoin and Ether, the two largest crypto assets by market capitalization. The company noted that enabling such payment will give more options and will be convenient for real estate investors. Also, the...
Read More »Bryan Oglesby: Crypto Scams Exist Because Crypto Is Confusing
Crypto is very confusing to a lot of people according to Bryan Oglesby, a spokesperson for the Better Business Bureau (BBB). This is exactly why crypto has become such a powerful tool in ongoing fraud attempts and scams that regularly permeate the financial space. Bryan Oglesby On Crypto: It’s Rather Confusing In a recent statement, Oglesby claimed: Cryptocurrency is very confusing to a lot of consumers. Because there is all this confusion, scammers take this as an...
Read More »Ethereum Price Analysis: This is ETH’s Most Important Level to Watch This Week
April was a bloody month for crypto, and especially for Ethereum. The ETH price fell from its month’s highest level at $3580 to $2700 last night. Can we expect May to perform better? Technical Analysis Technical Analysis By Grizzly The Daily Chart The following chart shows perpetuals’ exchange data from FTX. ETH is trading on top of the marked long-term ascending line (in green). This trend line has provided support to the price since January 2021, based on the previous five...
Read More »