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Shiba Inu Price Analysis: SHIB Fails to Move Higher as Correction to Critical Support Looms

Key Support level: $0.000028 Key Resistance levels: $0.000034 SHIB appears unable to rally above the current key support at $0.000028, and this most recent attempt was quickly stopped by the bears. This price action may lead the cryptocurrency to retest the key support and put pressure on buyers again. The key resistance at $0.000034 remains well defended so far. Chart by TradingViewTechnical Indicators Trading Volume: The volume is falling. For this reason, the key support...

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Ripple Price Analysis: XRP Fails To Move Above $0.85 but Where is it Headed Next?

Key Support level: $0.70 Key Resistance levels: $0.96, $1 XRP has been caught in a large range since a week ago between the key resistance at $0.96 and support at $0.70. After setting a local high at $0.91, the cryptocurrency has been consolidating without sufficient momentum to break away from this range. The current price action has formed a large pennant (represented in blue on the below chart), which is likely to resolve soon. Chart by TradingViewTechnical Indicators...

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EOS Price Analysis: Key Hurdle Near $2.6

EOS price started a fresh increase above the $2.40 resistance zone against the US Dollar. The price is now trading near $2.50 and the 55 simple moving average (4-hours). There is a short-term rising channel forming with support near $2.48 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend increase if it clears the $2.60 resistance zone. EOS price is showing bullish signs above $2.45 against the US Dollar, similar to bitcoin. The...

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LBank Exchange Will List LUNI on February 18, 2022

INTERNET CITY, DUBAI, Feb. 15, 2022 – LBank Exchange, a global digital asset trading platform, will list LUNI on February 18, 2022. For all users of LBank Exchange, the LUNI/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on February 18, 2022. Launched in 2019, Terra chain is a secure, decentralized and perspective modern network based in South Korea. To bring amusement and new features to Terra blockchain, a decentralized token named LUNI was...

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Litecoin (LTC) Price Analysis: Key Breakout Zone At $132

Litecoin failed to clear the $145 resistance and corrected lower against the US Dollar. LTC price is now trading below $132 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $125 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $125 and $120 support levels. Litecoin price is struggling below $132 against the US Dollar, similar to bitcoin. LTC...

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Belarus to Create a Crypto Wallet Registry To Prevent Illicit Activities

As the political situation in Belarus evolves, the country’s government has sought to take full advantage of cryptocurrencies. This could be good or bad depending on viewpoints, but a recent decree by President Alexander Lukashenko could again reiginite debates about the role of the state in the promotion and control of cryptocurrency operations. On February 14, President of Belarus Alexander Lukashenko signed Decree No. 48, “On the register of addresses (identifiers) of...

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1inch Network Introduced its Spot Price Aggregator

1inch Network – a protocol that unites decentralized projects – launched a spot price aggregator to extract data for assets traded on DEXs on the blockchain. The tool provides a liquidity-weighted average of token spot prices. To avoid issues within transactions, 1inch recommended using it off-chain. 1inch’s Newest Instrument In a recent document seen by CryptoPotato, 1inch explained that the spot price aggregator aims to solve information-related tasks. Such include the...

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The Crypto Mining Scene in Texas Keeps Growing

Texas is quickly becoming one of the biggest crypto mining hubs in the world to the point that current governor Greg Abbott is making bringing more crypto jobs and companies to the Lone Star State part of his reelection campaign. Texas and Crypto Mining… A Great Match? The migration of crypto miners to Texas began in the summer of last year. China – which at one point housed more than 65 percent of the world’s digital mining projects – decided the practice should be...

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Mastercard to Hire 500 Professionals to Expand Crypto Consulting Arm

Payment processing giant Mastercard is looking to dive deeper into the cryptocurrency industry. In line with this, the company plans to expand its consulting services with new practices focused on open banking, open data, crypto, and digital currencies, as well as Environment, Social & Governance (ESG). Navigating the Adoption of Digital Currencies According to the official press release, Mastercard stated that it aims to help financial institutions navigate the adoption...

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Twitter Fully Incorporates Ethereum Tipping And Wallet Support

Twitter is delving a step further into the crypto ecosystem, now allowing users to tip each other in Ethereum, alongside Bitcoin. The feature is currently only available on mobile. According to Twitter’s updated tipping policy, users who agree to it can “copy someone’s Bitcoin or Ethereum address and paste their address into whatever wallet [they] use.” In September, the platform introduced Bitcoin tipping over the lightning network, allowing users to connect their lightning...

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