Ethereum price started a downside correction from the $2,400 resistance against the US Dollar. ETH price is now trading below $2,300 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $2,195 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it breaks the $2,100 support zone. Ethereum price is declining below $2,300 against the US Dollar. ETH/USD remains at a risk of more...
Read More »Solana Price Drops Under $70, Watch Out These Key Support Levels for SOL
Solana’s network activity has surged significantly and the current drop in the SOL price could be short-lived leading to a trend reversal soon. Amid strong sell-off in the broader cryptocurrency market, Ethereum Layer-1 competitor Solana is also facing some selling pressure. In the last 24 hours, the Solana (SOL) price has tanked by over 3% slipping under $70. SOL is trading nearly 10% down from its 2023 peak attained last week, however, it still maintains 13% gains on the weekly charts....
Read More »The Sandbox Unveils New ERC-1155 Token CATALYSTs on Polygon to Empower Creators
The Sandbox introduces CATALYST tokens on Polygon, replacing gems in NFT minting. These ERC-1155 tokens enable users to mint, monetize, and sell creations, enhancing platform capabilities. In a significant move within the metaverse, The Sandbox introduces CATALYSTs, ERC-1155 tokens aimed at empowering creators. These tokens enable users to mint ASSETs with defined rarity and properties across five tiers. The all-new CATALYSTs tokens on Polygon Layer 2, serve as a replacement for gems in...
Read More »XRP Price at $0.6, Will XRP Follow Bitcoin Bull Run in December?
Although Bitcoin has outperformed XRP in 2023, there is the chance that XRP could follow in Bitcoin’s footsteps for a December bull run. Bitcoin has had a relatively good year, returning more than 144% to investors since January. The king coin has also climbed nearly 14% in the past month and about 10% since December 1st. Currently trading above $42,000 according to CoinMarketCap data, Bitcoin has gained almost 2% in the last 24 hours and seems to be on track to end the year impressively....
Read More »Solana Price Drops 7% to $60 Amidst FTX Cold Wallet Transfers
Crypto analyst Ali Martinez has warned of a potential correction for SOL. The price of Solana (SOL) has experienced a 7% decline over 24 hours. However, at the time of writing the fall is not so critical. The coin is around 1% down. The Solana price today is approximately $60 despite the recent market corrections that saw the price of Bitcoin (BTC) and Ethereum (ETH) rise to $42000 and $2200 respectively for the first time since last year. According to CoinMarketCap data, the crypto asset,...
Read More »Ethereum Price Analysis: ETH Surges As Bulls Aim For $2,500
Ethereum price is moving higher above the $2,200 resistance against the US Dollar. ETH price is now trading above $2,150 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,130 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,130 support zone. Ethereum price is rising above the $2,200 level against the US Dollar. ETH/USD could rise further if it clears the...
Read More »Why Ethereum’s Performance Is Rivaling Bitcoin’s: Analysis
While the price of Bitcoin (BTC) ballooned to a 19-month high this weekend, Ethereum (ETH) has kept apace, surging beyond $2200 for the first time since May 2022. On-chain analysts at CryptoQuant have identified three drivers behind the crypto’s stellar performance over the past month. Ultrasound Money Takes Effect As shared by analyst MAC_D, ETH broke through a key resistance/support level at $2000 last week, which marks the average price at which Ethereum users began...
Read More »Brazilian Bank Itau Unibanco Rolls Out Bitcoin and Ethereum Trading Services to Customers
Reuters said the launch of the BTC and Ether trading services by Unibanco comes a few months after two of the country’s companies exited the crypto market. Brazilian banking giant Itau Unibanco has joined the crypto bandwagon with the launch of digital asset trading services for customers as part of its investment platforms, Reuters reported Monday, citing an interview with the company’s digital asset head Guto Antunes. According to the report, the financial services company, standing as...
Read More »Binance Launches Anchored Coins EUR (AEUR), Celebrates Listing with Promo Offer
Issued natively on the Ethereum and BNB Chain, AEUR intends to add support for more blockchains in the near future. Binance, the world’s largest crypto exchange by trading volume, has announced the launch of Anchored Coins EUR (AEUR) stablecoin. According to the announcement, users may begin trading the new stablecoin on its platform today by 10:00 (UTC). For a start, however, only four trading pairs will be supported. They are AEUR/USDT, BTC/AEUR, ETH/AEUR, and EUR/AEUR. As Binance...
Read More »CoinList Launches cForm, Revolutionizing Community Engagement in Crypto
The decentralized cForm aims to eliminate issues associated with spam accounts on platforms like Google Forms. CoinList, a renowned platform for crypto innovators, is elevating community-building strategies with the introduction of cForm. This new tool enables builders to swiftly establish on-chain whitelists, sign-up forms, or surveys, streamlining the process of attracting and validating community members. With cForm, builders can also create crypto-native forms that verify on-chain...
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