Crypto news

Stellar lumen price is attempting a fresh increase from the $0.1180 zone against the US Dollar. XLM price is now trading above $0.1280 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.1280 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.140 resistance zone. Stellar lumen price is trading above $0.1300 against the US Dollar, like...

XRP price is attempting a fresh increase from the $0.5680 support against the US dollar. The price is now trading above $0.610 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.630 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.6580 resistance. XRP price is gaining pace above $0.630 against the US Dollar, like Bitcoin. It must...

All eyes are on the upcoming Bitcoin halving scheduled for mid-April 2024, which will reduce the rewards granted to miners for validating transactions by half. This will mark the fourth occurrence of a halving event in Bitcoin’s history. Although the market is currently experiencing a downturn, Bitcoin has seen significant growth of more than 150% since mid-October last year. According to the latest “handbook” by Coinbase, this strong performance will continue up to and after...

Despite criticisms for the alleged abandonment, Cardano remains one of the top blockchain protocols in terms of GitHub activity. According to the data compiled by IntoTheBlock, Cardano has once again surpassed Ethereum and other major Layer-1 blockchains such as Avalanche, Litecoin, and Tron in GitHub commits, reflecting its leading position in developer engagement. Between March 11 and 17, Cardano registered 978,780 commits on GitHub, exceeding its closest competitor,...

Bitcoin (BTC) had entered a period of price correction following its ascent to an all-time high of $73,700. Miners, whales, and other market participants, including large investors, had begun selling their BTC to make profits. However, analysts at CryptoQuant believe the Bitcoin bull cycle is far from over, as price valuation metrics are largely shy from levels seen in past market tops. BTC in Correction Mode The Bull-Bear Market Cycle Indicator flagged an overheated-bull...

After a decade of waiting, rejecting, and delaying at best, the United States Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs at the start of 2024. Their impact on BTC’s price has been undeniable as the demand for those products among traditional investors has skyrocketed. Now that there are existing exchange-traded funds tracking the performance of at least one cryptocurrency, the community speculates on whether there will be a...

Bitcoin’s price movements over the weekend have been somewhat underwhelming as the asset has calmed at just over $64,000 after the previous week’s volatility. The altcoins are, in general, also less volatile today, with a few exceptions like Dogecoin, which has surged by around 7%. BTC Calms Last business week started on a highly unfavorable note for the primary cryptocurrency, which had recovered most of the losses from the end of the previous one. The asset stood at $69,000...

TL;DR Shiba Inu analysts remain optimistic that future peaks are just around the corner. A possible ascent might be fueled by the asset’s burning program and developments in the Shibarium network. After a few weeks of trading on the downside, Shiba Inu’s price finally headed north this week, increasing by some 9% in that period. Numerous analysts are forecasting significant rallies in the near future. The crypto investor and trader, using the X handle SHIB KNIGHT, examined...

The United Nations (UN) Security Council has released a report showing North Korea earns 50% of its foreign exchange earnings from cyberattacks. The council is also investigating involvement in cyberattacks associated with cryptocurrency companies, which reportedly caused losses of approximately $3 billion (450 billion yen). North Korea’s Cyberattacks Target Cryptocurrency North Korea primarily conducts cyberattacks by compromising digital wallet private keys and seed...

In the exhilarating world of cryptocurrencies, few investments hold as much promise as NFT tokens. Among them, Apecoin (APE), Fetch.ai (FET), and NFT Finance (NFTFN) stand out as the top contenders, with the potential to deliver jaw-dropping returns of 100X or more in 2024.  Let’s dive into why these tokens are causing a stir and why investors are flocking to them in droves. NFT Finance (NFTFN): Redefining the Future of Digital Ownership NFT Finance (NFTFN) isn’t...