The world of cryptocurrencies, especially in its earlier years, had a reputation of being the playing ground of hackers and various malicious entities. And while this has changed to a huge degree in the past few years and the field received massive recognition and regulatory...
Analysts at Wells Fargo Investment Institute (WFII), the advisor and subsidiary of Wells Fargo Bank, have asserted that cryptocurrency adoption is still in its early stages. It’s Not Too Late to Buy Crypto In a report published by WFII’s Global Investment Strategy team, the analysts noted that...
After an impressive rally last week, SHIB had seen a correction, facing the key support level. Will support hold? Key Support level: $0.000028 Key Resistance levels: $0.000034 Last week, SHIB rallied over 50%, reaching our key resistance at $0.000034. Since then, the price corrected back to the support...
XRP had seen a green week following a price increase of over 24%. Since yesterday, Ripple has surged by almost 9%. Key Support level: $0.70 Key Resistance levels: $0.96, $1 Ripple’s XRP continued higher during the weekend despite the lower volume and negative crypto sentiment. However, the XRP...
NFTs continue to attract attention for high-end transactions, as this time it was a CryptoPunk that smashed its previous record in terms of ETH and USD value. Deepak Thapliyal, Chain’s CEO, splashed nearly $24 million to purchase #5822. Developed in 2017, CryptoPunks are considered one of...
[PRESS RELEASE – Please Read Disclaimer] Outer Ring, an exciting up-and-coming play-to-earn MMO, is eager to present its tech demo to the world. Players can access the game and its technology ahead of the upcoming Outer Ring IDO, slated for early March 2022. The Outer Ring team...
Bitcoin’s correction stopped for now at a crucial level around $42,000, which was the January 2021 all-time high. Most altcoins have also stalled or displayed minor gains, excluding Ripple, which went on a tear with an impressive 8% surge. Bitcoin Bounced Off $42K It was just a...
Crypto mergers and acquisitions (M&A) soared from $1.1 billion in value in 2020 to $55 billion, representing a massive surge of 4,846%, according to a report by PwC. The average size of an M&A increased threefold, from $52.7 million to $179.7 million. The report notes that...
The field of cryptocurrencies saw many trends come and go throughout the past couple of years. This was especially amplified by the tremendous bull market that we saw in 2021. The majority of coins exploded in value, which led to the creation of many new...
Following green days, Bitcoin encountered resistance at $45K. Together with the negative momentum of the global markets, Bitcoin got heavily rejected and retraced below $42K. Looking at the Stablecoin Supply Ratio, there is a substantial amount of ‘dry powder’ sitting aside, indicating the potential buying power....