Bitcoin, the leading cryptocurrency, experienced a significant breakthrough on February 9th as it surpassed the $46,000 mark. This accomplishment came after conquering a major resistance level at $44,000, which had hindered price increases since the introduction of spot Bitcoin ETFs in the United States four weeks earlier. The timing of this surge aligned with the
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Cardano (ADA) has experienced a surge in trading activity, with a 7% increase in its value on Thursday. Currently valued at $0.53, ADA has shown promising signs after a tumultuous period in January. The recent surge in price has sparked discussions and speculations among analysts on social media regarding the factors that could potentially influence
As the Lunar New Year approaches and the Year of the Wood Dragon begins, people all over the world are eagerly awaiting the festivities and new beginnings that lie ahead. It is a time for celebration, reconnection with loved ones, and embracing the optimism that comes with starting afresh. The Mysterious MetaStones DAO and the
Bitcoin (BTC) has made a remarkable comeback, surpassing the $46,000 mark for the first time since its debut trade on January 11. This surge in price indicates a positive start to the year 2024. According to Coingecko, BTC saw a 3.4% increase in value within the previous day, reaching $46,075 at the time of publication.
Binance, one of the leading cryptocurrency exchanges, is taking a step further in the world of blockchain gaming with its upcoming staking campaign. Through its Launchpool feature, Binance will be distributing up to 350 million PIXEL tokens to participants in anticipation of the live launch of the Ronin gaming token later this month. PIXEL is
Prometheum, a trading platform specializing in crypto securities assets, has made headlines with the recent announcement of its custodial services for Ethereum (ETH). This move holds significant implications for the legal status of Ethereum, the second-largest cryptocurrency by market capitalization. Unlike other crypto exchanges, Prometheum’s strategy is to operate within existing laws and compel regulators,
Sky Mavis, the creative force behind the immensely popular play-to-earn NFT game Axie Infinity, has recently announced a groundbreaking collaboration with GMonsters and mobile game publisher MIXI from Japan. This partnership aims to bring titles from MIXI’s Fight League franchise to the Ronin blockchain, unlocking new possibilities and expanding the reach of this innovative network.
Ethereum staking has been gaining traction despite the lackluster performance of ETH’s price in the past year. Liquid staking protocols like Lido Finance have witnessed a significant increase in the amount of ETH being staked. As a result, the total supply of staked ETH has reached an all-time high. Lido Finance recently reported that the
One of the most anticipated events in the world of cryptocurrency is the Bitcoin Halving. This event, which occurs every four years, has often been associated with significant price increases for Bitcoin. Tom Dunleavy, Partner and Chief Investment Officer at MV Capital, recently shared his price predictions for Bitcoin, stating that he believes it will
On-chain data reveals a promising signal for Ethereum as the cryptocurrency surpasses the $2,400 barrier. A recent analysis of the exchange netflow indicator sheds light on the correlation between Ethereum’s price and this metric. The exchange netflow metric tracks the net amount of an asset entering or exiting centralized exchange wallets. Positive values indicate that
In the volatile world of cryptocurrency, trends can quickly shift, leaving investors wondering whether their investments are secure. Bittensor, a growing AI crypto project, recently experienced a significant drop in value, causing panic among TAO holders. This article will examine the current price trends of TAO and explore whether Meme Kombat, a newer meme coin,
Bitcoin (BTC) has defied recent bearish sentiments and surged back to life with a furious rally on Wednesday, reclaiming the $44,000 mark and reaching a four-week high. The leading cryptocurrency has been propelled by a combination of factors, including renewed accumulation by major investors, record highs in US equity markets, and an unexpected regulatory shift
Cardano’s price began its journey on Tuesday at $0.50, residing within the convergence zone between two 60-day trend lines. This zone carries significant importance with key support at $0.50. The market signals of ADA tokens in comparison to Ethereum are quite intriguing. Observing the technical factors, Cardano is displaying a falling wedge pattern along with
The Bank for International Settlements (BIS) has recently released a comprehensive report that discusses the potential fragmentation and dominance by private firms within the emerging metaverse. This digital ecosystem, which promises an economic revolution in various sectors such as gaming, e-commerce, and education, needs strategic oversight to ensure equitable access, data privacy, and robust consumer