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Dogecoin (DOGE) showed notable volatility over the past week, starting with a dip around April 30, followed by a sharp recovery that peaked above $0.180 on May 1. However, the rally was short-lived, as selling pressure quickly set in, leading DOGE into a steady downtrend over the following days. By May 4, DOGE had retreated […]
Troller Cat's presale goes live as Dogwifhat and Shiba Inu face market downturns. Discover why TCAT is among the best cryptos to stake no
The post Troller Cat Presale Launches Amid Bearish Trends for Dogwifhat and Shiba Inu appeared first on Kanalcoin.
TRON (TRX) is currently trading at $0.2426, marking a slight 0.82% daily decline and a more pronounced 5.48% drop over the past week. Despite a 33.17% surge in 24-hour trading volume, now at $519.4 million, the token shows limited momentum. TRX continues to trade in a narrow range, consolidating just above its crucial support at […]
The Security and Exchange Commission’s crypto task force recently organized a discussion on the current state of crypto security. The meeting aimed to address the growing concerns around the security of digital assets and how to combat cyber threats in the cryptocurrency space. Participants shared insights on best practices for securing crypto assets and protecting [...]
The post SEC Crypto Task Force to Hold Roundtable Discussion on Current Crypto Security Trends appeared first on Crypto Breaking News.
The price of Dogecoin (DOGE) is on track for a significant 55% rally if the current trend persists. This surge in value is fueled by strong market demand and positive investor sentiment. In recent weeks, Dogecoin has shown remarkable resilience amidst market volatility, leading many analysts to believe that a major price breakout is imminent. [...]
The post Dogecoin (DOGE) Price Poised for 55% Surge with Continuation of Current Trend appeared first on Crypto Breaking News.
Bitcoin’s NFT market is growing, but it is primarily driven by newfound hype for memecoin trading on the blockchain.
In Axie Infinity (AXS) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about Axie Infinity
Bullish AXS price prediction is $18.98 to $67.87. Axie Infinity (AXS) price might also reach $15 soon. Bearish AXS price
OMG has weakened from $6.26 to $1.59 since April 03, 2022, and the current price stands at $1.91.
OMG remains in a bear market, but the current price level represents good value for what you pay, and maybe now could be a good time to invest in this cryptocurrency.
OMG Network is a very promising projectOMG is the native cryptocurrency of the OMG Network (previously OmiseGo), a blockchain network built on top of the Ethereum blockchain that speeds up transaction times and reduces transaction fees by handling Ethereum transactions off of Ethereum’s main network.
The vision of this project is to integrate many electronic wallets using the OMG Network in order to provide banking services to those who have been excluded from the financial system.
OMG token has achieved an impressive gain in the last two weeks of March 2022, and it reached a price level above $6.20 on April 03.
Since then, the price has collapsed, daily trading volume has weakened; still, investors should consider that OMG Network is a very promising project, and the price of OMG could advance again to levels that we saw in April 2022.
According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second, which is way higher than what Ethereum can handle. As the adoption rate for Ethereum layer two solutions continues to rise, it will be a good thing for OMG Network as well.
On the other side, the cryptocurrency market sentiment has improved in the last twenty-four hours, and the crypto winter could soon come to an end.
Coinglass reported that just in the past 24 hours, more than $340 million crypto shorts were liquidated, which is the largest short liquidation for over a month.
Bitcoin is trading again above the $21,000 mark, pushing the total crypto market capitalization above $1 trillion as a recently hot US dollar cools some of its momentum. Dan Morehead, CEO of Pantera Capital, added:
We’ve been through three big bear market cycles. I actually think we hit the lows in June, and we are on to the next bull market. It might be rocky and might take a while, but I think we are on to the next leg of a rally.
Technical analysisTechnically looking, OMG remains in a bear market, but the current price level represents good value for what you pay, and maybe now could be a good time to invest in this cryptocurrency.
Data source: tradingview.comIf the price jumps above $2.5, it would be a signal to buy OMG, and we have the open way to a resistance level that stands at $3.
The important support level for OMG stands at $1.5, and if the price falls below it, the next price target could be $1.3.
SummaryOMG Network bridges the gap between centralized and decentralized financial networks and allows allows high throughput, low cost, and peer-to-peer transactions. OMG remains in a bear market, but the current price level could be a good entry point for long-term investors.
The post Should I invest in OMG at the current price? appeared first on Invezz.
Siacoin (SC) has weakened from $0.0052 to $0.038 since August 11, 2022, and the current price stands at $0.0039.
The cryptocurrency market tumbled this Friday after Federal Reserve Chair Jerome Powell’s hawkish speech at the Jackson Hole conference in Wyoming, and for now, everything indicates that we could see new lows.
A decentralized platform for cloud storageSiacoin (SC) is a decentralized platform for cloud storage that allows any computer running it to rent out unused hard drive space to users looking to store files.
Because of this, Siacoin is branded as an “AirBnB for hard drives,” and it is important to say that Siacoin ensures that all data is protected against censorship theft and the users are never denied access to the data by miners, hackers, government bodies, or developers.
Siacoin network is secured by blockchain technology, and files stored through the Sia network are encrypted and sliced into tiny pieces.
Siacoin is not the only cryptocurrency project seeking to disrupt the storage market, and it faces competition from other decentralized cloud storage systems like Filecoin, Storj, and MaidSafe.
Despite this, Siacoin is still among the most popular service networks of its kind, and it resolves some of the most common problems in the sector of cloud storage, including hacking risks, high costs for renting storage, data control, and data mismanagement.
SC is the native cryptocurrency of the Siacoin network, and those looking to store files must buy and spend SC tokens in order to store files. SC is the only currency that can be spent within the network, and investors should consider that SC doesn’t have a finite supply, which means that new SC can be mined infinitely.
Technically looking, Siacoin (SC) remains under pressure, and if you decide to buy this cryptocurrency in September 2022, you should consider that the price can weaken even more.
The cryptocurrency market tumbled this Friday after Federal Reserve Chair Jerome Powell’s said at the Jackson Hole conference in Wyoming that the US central bank would not pause its campaign to bring price growth down.
The rising risks of the recession and the uncertainty because of the Russian-Ukrainian war remain in the focus of investors, and we will probably see new lows for the cryptocurrency market in the days ahead.
Technical analysisData source: tradingview.comSiacoin (SC) currently trades around the $0.0039 level, but it would be a strong sell signal if the price falls below $0.0030 support.
The next price target could be around $0.0025 or even below; still, if the price jumps above $0.0060, we have the open way to $0.0070.
SummarySiacoin (SC) is a decentralized platform for cloud storage that allows anyone to rent out spare hard drive space or utilize other people’s spare hard drive space to store files. The cryptocurrency market tumbled this Friday after Federal Reserve Chair Jerome Powell’s hawkish speech at the Jackson Hole conference in Wyoming, and for now, everything indicates that we could see new lows for Siacoin (SC).
The post Should I buy Siacoin (SC) at the current price? appeared first on Invezz.
Bullish Axie Infinity price prediction is $19.03 to $67.66 Axie Infinity (AXS) price might also reach $70 soon. Bearish Axie
Bullish AXS price prediction is $19.78 to $114.19. Axie Infinity (AXS) price might also reach $120 soon. Bearish AXS price
Fri, Jul 29, 2022, 8:00 PM | Add To Your Calendar AGENDA OF THE EVENT Crypto Winter is hitting every inch of our bones in the crypto world. The activity and confidence of an average consumer are going through a free fall when it comes to crypto assets. But, this is also the best time […]
Avalanche AVAX/USD has collapsed from $103.66 to $13,69 since April 02, and the current price stands at $17.31.
The rising risks of the recession continue to keep investors in a negative mood, and we will probably see new lows for the cryptocurrency market in the days ahead.
The rising risks of the recession continue to keep investors in a negative moodAvalanche is an open, programmable smart contracts platform that allows you to build decentralized applications.
This platform is designed to achieve high security, and it is fully compatible with Ethereum assets, apps, and tooling with faster speeds, higher throughput, and lower fees. Team of Avalanche added:
Avalanche provides a very strong guarantee of safety when the attacker is below a certain threshold, which can be parametrized by the system designer, and it provides graceful degradation when the attacker exceeds this threshold. It can uphold safety guarantees even when the attacker exceeds 51%.
High gas fees and other adverse effects of slow smart contract blockchains are now a thing of the past, and to deploy smart contracts on Avalanche, will cost you just a tenth of what they cost on Ethereum.
Avalanche can process more than 4,000 transactions per second and is the best verifiable platform for institutions, enterprises, and governments.
Avalanche supports Solidity coding language, while Avalanche Virtual Machines (VMs) enable developers to easily launch blockchains that fit their own needs.
Many projects already collaborate with Avalanche; the most popular ones include Arweave, Aave, BitMart, Chainlink, Mastercard, Bitfinex, Celer, Huobi, Nexo, Cartesi, Coinbase, Curve, Sushiswap, Deloitte, Ankr, and Binance.
AVAX is a cryptocurrency that powers Avalanche, and it serves for securing the network and paying for various infrastructural costs. AVAX also provides on-chain governance for critical parameters of the network, where participants can vote on changes and settle network upgrade decisions.
Technically looking, AVAX remains under pressure, and if you decide to buy this cryptocurrency at the current price, you should consider that the price can weaken even more.
The rising risks of the recession and the uncertainty because of the Russian-Ukrainian war remain in the focus of investors, and we will probably see new lows for the cryptocurrency market in the days ahead.
Technical analysisAvalanche (AVAX) is trading this Thursday above $17, but it would be a strong sell signal if the price falls again below $15 support.
The next price target could be around $13 or even below; still, if the price jumps above $25, we have the open way to $30.
SummaryAvalanche is a platform that allows you to build decentralized applications and aims to address the blockchain trilemma of scalability, security, and decentralization. Technically looking, Avalanche (AVAX) remains under pressure, and if you decide to buy this cryptocurrency at the current price, you should consider that the price can weaken even more.
The post Should I buy Avalanche (AVAX) at the current price? appeared first on Invezz.
Bitcoin holds 46% of the market share Women will contribute to the Bitcoin rise believed by Tim Draper. Today the
Japan-based digital currency trading and exchange outfit DeCurrent Holdings has decided to sell its crypto unit to Hong Kong-based Amber Group. (Read More)
The team behind IOTA announces Assembly, a new decentralized layer-1 network for smart contracts with a native ASMB token and with the possibility of zero fees, sharding, and support for multiple virtual machines, including EVM BERLIN (December 2, 2021) – IOTA, one of the largest crypto-currencies in the world, announces the release of Assembly, a […]
Bitcoins performance against gold has hit resistance levels that historically align with the start of 2018-2019 and 2021-2022 bear markets.
In this Axie Infinity (AXS) price prediction 2024, 2025-2030, we will analyze the price patterns of AXS by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Axie Infinity (AXS) Current Market Status What is Axie Infinity (AXS)? Axie Infinity (AXS)
In this Axie Infinity (AXS) price prediction 2023, 2024-2030, we will analyze the price patterns of AXS by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Axie Infinity (AXS) Current Market Status What is Axie Infinity (AXS)? Axie Infinity (AXS)
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