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After 80% correction since reaching its ATH, positive news about Shiba is popping and might cause a trend reversal. However, the SHIB price is facing challenges from a technical standpoint on its way up. The Daily Chart Technical Analysis by Grizzly On the daily timeframe, Shiba Inu’s SHIB...
The count of citizens leaving their homeland in Ukraine because of the ongoing war with Russia continues to increase. Estimates from various sources put the number anywhere between 2.5 and 4 million. Data from CBS News points at roughly 3 million people leaving Ukraine. Another report...
Bored Ape Yacht Club NFT collection made headlines recently with several bombshell revelations – from the purchase of the iconic CryptoPunks to the release of the ApeCoin. The launch of the APE token was as volatile as one might expect as the cryptocurrency dropped to a...
After recording an all-time high at $3.10, Cardano entered into a correction that’s ongoing for 200 days so far. Meanwhile, bad news, such as delisting from the eToro exchange, has become a catalyst for further price retracement. Despite the rumors of burn mechanism rollout, there...
Ripple has been in a downward trend over the past eleven months. This comes shortly after topping at almost $2. Despite this week’s green candle so far, the daily candles have not shown any strength. The Daily Chart Technical Analysis By Grizzly Ripple is trading below the EMA200 line (marked...
After being compared to Tom Brady (with a few modifications), Ethereum’s co-founder said he mistook the American football legend for Tom Cruise. Yet, Brady, who already has some connections with the cryptocurrency industry, answered that he is a big fan of Buterin. Brady Is a Fan...
Bitcoin registered another minor increase in the past 24 hours and jumped to a 10-day high of around $42,500. Most altcoins are also slightly in the green again, with Shiba Inu and Terra leading the pack following 7-8% gains. Bitcoin’s New 10-Day High After the enhanced volatility...
With the start of the war between Russia and Ukraine, cryptocurrencies have taken a few roles, being sent as donations to aid the attacked nation but also in speculations that Russian oligarchs used such assets to bypass sanctions. However, community insiders continue to refute these...
Earlier this month, the US Treasury Department released three-yearly reports covering money laundering, terrorist financing, and proliferation financing – all of which extensively discussed virtual assets. While noting many of their risks in these areas, they note that fiat currency and traditional networks are still far...