Crypto news

Following a series of significant network developments in recent months, Cardano is already being stretched to its processing limits. Its blockchain load has been over 90% for the past eight days – the longest amount of time it’s ever been sustained at that level. Filling Up Cardano’s Blocks The term “blockchain load” refers to how much memory space within the average Cardano block is being filled. A 100% load means that blocks are at their absolute limit, whereas 0% means...

The price of bitcoin has plummeted to a new low. At the time of writing, the world’s number one digital currency by market cap has fallen into the low $33,000 range, losing more than $5,000 from where it was last weekend. While there are many analysts and industry heads out there that are very concerned about the state of the crypto market, some – like Nayib Bukele, the president of El Salvador – are using the dip to their advantage and have bought up more BTC and grown...

Mech Master, a strategic turn-based RPG game which has been making headlines in the Play-to-Earn (P2E) industry recently joined  a talk show on Binance Live. The talk show presented various aspects of the nascent P2E market and some of the key developments ahead for the metaverse integration. The Head of Marketing of Mech Master, Ron Nguyen, attended the talk show and gave us an overview of the Mech Master Project as it is all set to launch its NFT ticket sale on Binance...

The leading cryptocurrency custodian – Fireblocks – closed a $550 million Series E venture capital round, co-led by Spark Capital, D1 Capital Partners, General Atlantic, Mammoth, and other investors. The financing boosted the company’s valuation to a whopping $8 billion. The Newest Fundraise Despite the ongoing correction in the cryptocurrency market, the New York-based blockchain platform – Fireblocks – continues to raise funds. According to a recent blog post, the firm’s...

Crypto markets experienced the sharpest drops since July of 2021, correcting as much as 52%. While the macro bear scenario is still very much in play, some critical on-chain indicators are showing how long-term investors remain unfazed by this news, and whales continue to accumulate. Bitcoin’s Ownership Through the Dip The data from IntoTheBlock classifies as hodlers all addresses that have been holding an asset for a weighted average time of at least one year. Growing...

Key  Support levels: $1.4 Key Resistance levels: $1.8, $2 In the last two days, MATIC registered a 20% price increase after finding support at the $1.4 level. The key resistance at $1.8 prevented the price from moving higher, and today, MATIC is quickly re-approaching this level. If it is successful to maintain the momentum, then a successful break may take it to $2. Chart by TradingViewTechnical Indicators Trading Volume: Despite this most recent increase in price, the...

EOS price started a fresh decline from the $2.85 zone against the US Dollar. The price is now trading below $2.50 and the 55 simple moving average (4-hours). There is a major rising channel forming with support near $2.10 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend decline if there is a clear break below the $2.00 support zone. EOS price is showing bearish signs below $2.20 against the US Dollar, similar to bitcoin. The price...

Ontario, Canada / EarnableFi ($EFI) the coming of age GameFi and Defi 3.0 ecosystem had a grand launch on 26th January on the Ethereum network. The project has surged 100X right after listing and looks set to continue its momentum because of its innovative and futuristic ecosystem. EarnableFi intends to be the GameFi & Defi 3.0 ecosystem’s flagship utility token, designed for mass adoption on the Ethereum Network and passive revenue production for the ecosystem to...

Litecoin price failed to climb above $115 and corrected lower against the US Dollar. LTC price is now trading below $110 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $100 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $120 pivot level. Litecoin price is struggling below $120 against the US Dollar, similar to bitcoin. LTC price could...

In spite of the bearish condition in the Cryptocurrency space that has forced investors to reduced their digital assets, including Bitcoin, from their portfolios to play safe, Ravendex is pleased to announce the launching of its RAVE NFT, “a 10000 Pixelated Raven Birds Collection with proof of ownership stored on the Cardano Blockchain, as Ravendex team understand that quality remains forever.” The Cardano-based decentralized exchange’s team explains that users can earn...