In a shocking turn of events, BONK token has experienced a calamitous fall-from-grace, with its price plummeting by a staggering 20%. This dramatic loss of 20DMA support has raised concerns among investors and traders, leading them to question whether BONK is on the verge of extinction. This concerning development follows the token’s incredible surge of
The future of Ethereum (ETH) appears to be bright, despite concerns surrounding network congestion and high gas fees. According to borovik.eth, a partner at Rollbit, Ethereum’s developer ecosystem, its role in the broader blockchain ecosystem, and the launch of numerous Layer-2 solutions are the key factors driving the positive outlook. While other layer-1 coins like
Ethereum price is currently undergoing a correction after facing resistance at the $2,320 level. As a result, ETH is moving lower and there is a possibility that it might test the key support level at $2,050 before the bulls regain control. The price of Ethereum has fallen below the crucial support zone of $2,250 and
In a groundbreaking move that aims to revolutionize player authentication within the gaming industry, Mojang, the creators of the beloved sandbox game Minecraft, have announced their partnership with Worldcoin and Microsoft. This collaboration introduces the use of World ID, a unique digital proof-of-humanity passport, as a secure and reliable method to authenticate players’ identities. The
Chainers is not your average online game. It is an innovative, browser-based, play-to-earn Massive Multiplayer Online (MMO) game that operates on Solana’s blockchain. This groundbreaking platform offers players a unique way to monetize their gaming achievements and opens up a whole new world of possibilities. At the heart of Chainers is the concept of Non-Fungible
Cryptocurrency analysts have been closely monitoring the price movement of Cardano (ADA) in recent weeks. In a video published on the More Crypto Online YouTube channel, an analyst highlighted that ADA is currently trapped in a trading range and may continue to move sideways in the short term. This article aims to explore the potential
The Sandbox (SAND) has experienced substantial growth in December, with its price surging over 50% within the month. Starting at a price of $0.410807, SAND’s current value has reached $0.634422. This represents a significant growth of 54.4%. Furthermore, SAND has seen a 9.6% increase in the last 24 hours, appreciating 25.9% in a week, 22.5%
In a rapidly evolving digital landscape, where cryptocurrency, blockchain, web3, and NFTs are revolutionizing industries, it is crucial for projects to have strong visibility and effective communication strategies. Visionary Financial, a pioneering agency in crypto PR distribution, is excited to announce its ambitious expansion plans for 2023 and beyond. Through strategic partnerships and a comprehensive
Bitcoin experienced a significant drop in value over the past 24 hours, falling below the $43,000 threshold. Despite trading above $43,000 during the Christmas holidays, the cryptocurrency couldn’t maintain its momentum. The bears exerted pressure on the market, causing Bitcoin to slip further down to $42,600. Although it quickly recovered and approached $44,000 once again,
In the midst of a broader cryptocurrency market downturn, NEAR Protocol (NEAR) stands out as a notable exception. While many cryptocurrencies have experienced a decline in value, NEAR has shown remarkable resilience and consistent upward momentum. Since mid-December, NEAR has been able to weather the storm and continue to thrive, defying the prevailing market conditions.
In a recent announcement on X, the zkSync Era team revealed that their blockchain network was facing network issues. This prompted them to suspend block production temporarily while they worked tirelessly to resolve the problems. However, in a later update, the team assured users that the issues had been successfully resolved, and the network was
XRP price has shown promising movement as it bounces back from the $0.578 support level. With its current momentum, it appears to be setting up for a fresh surge towards the $0.680 and $0.700 levels. This article will analyze the recent price action and explore the potential scenarios for XRP’s future. After finding a base
Indian financial regulators continue to express significant reservations about the integration of cryptocurrencies into the country’s economic framework, according to local media reports. The Reserve Bank of India (RBI) and other authorities believe that there is no economic “upside” in making cryptocurrencies regulated financial instruments. These concerns highlight the potential threats that digital assets pose
In the fast-paced and ever-evolving world of cryptocurrencies, Launchpad XYZ has emerged as a comprehensive Web3 trading platform, sparking a great deal of interest among seasoned crypto experts. With its multifaceted functionalities and innovative approach, Launchpad XYZ has achieved remarkable success in its presale phase, raising over $2.26 million in funds. This platform caters to
In the year 2023, the digital asset market witnessed an exceptional surge, particularly in Bitcoin prices. With an increase of over 172%, Bitcoin proved its resilience with a minor correction of less than 20%. Not only Bitcoin, but Ether and stablecoins also experienced positive capital inflows. This surge in the market surpassed technical and on-chain
A cryptocurrency analyst has shed light on a potential decline in Polkadot, as a sell signal emerges in its weekly price chart. The analyst, Ali, explains that the TD Sequential indicator, widely used for identifying reversal points in asset prices, has been forming for Polkadot. The TD Sequential indicator consists of two phases: the setup
A new player has emerged in the cryptocurrency space, and its name is Solana. Over the weekend, Solana’s trading volume skyrocketed, surpassing that of Bitcoin and Ethereum on major centralized exchanges. This remarkable milestone has caught the attention of industry experts and traders alike, signaling a shifting landscape within the crypto market. An Unprecedented Achievement
In the world of cryptocurrency trading, exchange balance data plays a crucial role in understanding investor behavior. It provides insights into whether investors prefer to store their Bitcoin holdings off-exchange or keep them on exchanges for potential sale or trade. This metric holds the potential to signal market sentiment, with off-exchange storage often indicating a
Solana has experienced a remarkable surge in popularity and market performance throughout 2023. The cryptocurrency has garnered significant attention from both users and investors, leading to substantial gains in its price. This article analyzes the recent milestones achieved by Solana and explores the potential for further growth in 2024, highlighting key factors that have contributed
The Shiba Inu burn initiative has started the week with a positive sentiment as the project experiences a substantial increase in its token burn rate. This surge in burn rate has created excitement within the cryptocurrency market, despite the bearish price action of the Shiba Inu token. According to data from Shibburn, the platform tracking
Bitcoin miners have experienced a significant surge in transaction fee revenue in 2023, according to recent data from Coinmetrics. This article delves into the details of this increase, as well as the challenges miners face, and the potential impact of Bitcoin’s upcoming halving event. In 2023, Bitcoin miners collected an average of $2 million in
XRP, the digital currency associated with Ripple, has been known to experience a cold spell in December. Year after year, the charts turn red and the market sentiment cools down during this time. Many buyers are haunted by memories of the 66% drop in 2021, which still lingers in their minds. They long for the
The Japanese government has recently made a groundbreaking decision regarding the taxation of crypto assets held by corporations. According to local media outlet CoinPost, the imposition of unrealized gains tax on these assets has been ended. This move was reportedly approved during a cabinet meeting on December 22. The new policy will come into effect
XRP, the native token of Ripple, has once again shown resilience in the market, continuing its upward movement with a rise of over 2% in the past day. This surge is accompanied by a noteworthy trading volume of $1.19 billion. Despite facing legal challenges over the past year, XRP has managed to gain more than
Bitcoin has experienced a remarkable surge in value this year, soaring from around $16,500 to nearly $44,000. Many experts predict that this upward trend will continue, with a strong year-end performance. However, there are several key factors that could significantly impact the price of Bitcoin in the near future. One important factor to consider is
In a significant development, the EthereumPoW (ETHW) organization has made the decision to dissolve itself. After thorough discussions and a consensus among the majority, the entity is fulfilling its initial commitments to transition towards complete decentralization. This decision reflects a careful assessment of ETHW’s ability to operate independently, without relying on Core’s support. The unanimous
Paxos, the New York-based stablecoin issuer, has made waves in the cryptocurrency industry with its announcement of the strategic expansion of its stablecoin issuance to the Solana blockchain platform. This move marks a significant milestone for Paxos as it aims to compete with rivals such as Circle and Tether in the highly competitive stablecoin landscape.