Ethereum (ETH)

After nearing $52,000 earlier this weekend, bitcoin has lost some ground but still stands around the coveted $50,000 mark. The altcoins are untypically calm, with ETH close to $4,000. In contrast, MATIC is up by more than 6% on a daily scale. Bitcoin Down to $50K Just days before Christmas, the primary cryptocurrency had dropped to $48,000 after failing to overcome $50,000. However, the bulls came to play at this point and pushed the asset north. In the following hours,...

The Buffalo History Museum has agreed to accept donations in the form of cryptocurrency, a growing trend as of late. The Buffalo History Museum Is Open to Crypto There are several benefits to crypto donations which fall upon the giver and the receiver. For one thing, all crypto donations – just like those that are done through cash or a credit card – are completely tax-deductible. You can write the deduction off on your taxes and basically get money back or lessen what...

The Dogecoin Foundation, a non-profit organization dedicated to the growth of popular meme-inspired cryptocurrency Dogecoin (DOGE), has joined forces with the founder of Ethereum, Vitalik Buterin. The idea is to design a “Community Staking” system based on the Proof-of-Stake (PoS) consensus mechanism. This comes months after the foundation announced at the Bitcoin ESG conference held earlier this year that it is moving Dogecoin from Proof-of-Work to Proof-of-Stake. What is...

While Ethereum is still a favorite choice for smart contracts and dapps developers, many have been hurt by the extremely high gas fees and slow transactions associated with the network. As a result, NFT and DeFi projects are moving to other scalable and cheaper blockchains like Solana. The Great Gas War of 2021 caused countless casualties, and now, AGE of SAM, an innovative Solana-based NFT project, is planning on taking survivors to the moon and beyond. About AGE of SAM AGE...

This week, we take a closer look at Ethereum, Ripple, Solana, Luna, and Avalanche. Ethereum (ETH) Ethereum has reclaimed the $4,000 level and appears ready to move higher towards the next key resistance at $4,400. The battle for the $4,000 level was intense, and it took almost a week until the buyer side prevailed. The price dropped to the former support at $3,700 several times, and the outlook on Monday was grim. But this quickly changed as the market turned back up. As...

The crypto industry, especially the decentralized finance (DeFi) and non-fungible token (NFT) markets recorded explosive growth over the past year, and more mainstream users are eagerly looking to join the space. Sadly, the concept of DeFi and crypto, in general, is still complicated for many new users because of the lack of beginner-friendly tools and onboarding process. But Clover Finance intends to change that narrative by effectively bridging the gap that exists between...

Adam White – the 3+ year President of Bakkt – has announced that he is leaving the company. His future plans remain a mystery. White announced his upcoming departure in a tweet earlier today. He showed satisfaction with the crypto industry’s maturation from a regulatory standpoint. “Lots of work still to do here but never been more optimistic about the future,” he said. Bakkt is a digital asset manager that started by helping institutions securely hold cryptocurrencies, among...

Yesterday, we saw the floor price for NFTs from the Bored Ape Yacht Club (BAYC) collection surpass that for the famed Crypto Punks for the first time. The Flippening Data from OpenSea shows that yesterday, the floor price of the BAYC NFT collection was at 54 ETH, while the floor price of an NFT from the CryptoPunk collection was 52.8 ETH. In other words, we witnessed the first-ever flippening in the world of NFTs, where the most expensive collection officially was the Bored...

Key Support levels: $3,700 Key Resistance levels: $4,000, $4,435, $4,868 (ATH) The battle between buyers and sellers is ongoing at the key $4,000 level. So far, the sellers managed to push the price below it after a short incursion from bulls. At the time of this post, the $4,000 level is acting as a resistance, and if the buyers manage to turn it into support, then ETH can rally further. Chart by TradingViewTechnical Indicators Trading Volume: Volume disappeared after ETH...

Litecoin price is facing resistance near the $160 zone against the US Dollar. LTC price is now trading above $155 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $160 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it breaks the $160 resistance zone. Litecoin price is consolidating below $160 against the US Dollar, similar to bitcoin. LTC price could...