The recent price action of Cardano (ADA) suggests that the cryptocurrency is experiencing strong support around the $0.488 level. Despite its lackluster performance in the past month, crypto analyst Ali Martinez believes that Cardano’s current price movement resembles that of late 2020, just before ADA went on a massive bull run. This similarity in price
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The flagship cryptocurrency, Bitcoin, appears to be at a crossroads as it continues to trade flat, uncertain about the direction it will take next. Crypto analyst Eric Krown Crypto sheds light on the key factors that will ultimately determine Bitcoin’s next move. In a recent video on his YouTube channel, Krown utilizes the Stochastic indicator
The South Korean Financial Services Commission (FSC) has recently unveiled significant legislative amendments aimed at tightening regulations surrounding virtual asset business operators. These amendments focus specifically on enhancing the accountability and duties of executives in the crypto industry. The proposed changes, outlined in the Enforcement Decree of the Act on Reporting and Use of Specific
In recent months, Solana meme coins have gained significant attention in the cryptocurrency market. One of the latest coins to skyrocket is SPACEX token, with a stunning +20,000% price increase. This surge is part of a larger trend of explosive moves seen in various Solana meme coins such as ‘2024,’ ‘SOLAREUM,’ ‘Joe on SOL,’ ‘BINK,’
As the cryptocurrency market experiences a wave of bullish momentum, Ethereum (ETH), the second largest cryptocurrency asset, is expected to undergo a significant price surge in the coming months. Analysts at Altcoin Daily have highlighted three major factors that they believe will propel the price of Ethereum to new heights. One of the key drivers
As the cryptocurrency market continues to evolve, altcoin season is said to be in full swing. According to crypto analyst Michaël van de Poppe, now is the time to make entries at value. With his extensive following of nearly 700K on X, van de Poppe suggests that the period 3-8 months before the Bitcoin halving
Bitcoin, the largest crypto asset, currently finds itself in a state of stagnation, causing many investors to question the next move for the cryptocurrency. Over the past week, Bitcoin has been trading between $41,000 and $45,500, with a brief dip below $40,000 on January 23. While the price action may seem lackluster, on-chain data reveals
The gaming community is abuzz with excitement as Shrapnel, the highly anticipated Avalanche first-person shooter game, finally arrives on the Epic Games Store for its early access debut. Titled “Shrapnel Training Exercises One” (STX1), this exclusive release offers a unique gaming experience to those who have purchased the game’s “Extraction Pack” access keys. With limited
In recent weeks, Ethereum (ETH), the second-largest cryptocurrency by market cap, has witnessed a significant exodus from centralized exchanges. This trend has raised eyebrows in the crypto community as investors increasingly prefer to hold their ETH outside of trading platforms. Data from Coingecko shows that as of now, ETH is trading at $2,289, experiencing a
The recent incident involving NJAL.LA, also known as Njalla, and their hijacking of Mollars.com from the “Mollars Cryptocurrency Project” has brought the domain registry company into the cryptocurrency spotlight. The sudden shutdown of the project’s original domain without any explanation raised concerns among crypto investors. In response to the questions surrounding the incident, a tweet
Colin Murphy, an associate of the infamous “Crypto King” Aiden Pleterski, received a significant blow to his freedom when he was sentenced to 5 months in prison for contempt of court in Oshawa, Ontario, Canada. The verdict was delivered by Ontario Superior Court Justice Hugh O’Connell, who found Murphy guilty of refusing to surrender his
The analysts at cryptocurrency exchange Coinbase have expressed their confidence in the future performance of Bitcoin and the entire crypto market in the second quarter of 2024. This prediction comes at a time when Bitcoin is gradually recovering from recent market setbacks, with a 3.31% increase in the past week to trade above $43,000. The
In today’s digital age, trust in the media is constantly being eroded by the emergence of deepfakes. These manipulated videos, often appearing as legitimate endorsements from well-known figures, deceive unsuspecting viewers and promote fraudulent platforms. Recently, a doctored clip of Australian mining magnate Andrew “Twiggy” Forrest surfaced on Facebook, where he appeared to be promoting
Meta’s metaverse division, Reality Labs, recently achieved a remarkable milestone by recording over $1 billion in revenue for the fourth quarter of 2023. The success can be primarily attributed to the sales of Meta’s Quest headsets and the Ray-Ban Meta smart glasses. This achievement marks an extraordinary feat for Reality Labs; however, it comes at