The volatility of cryptocurrencies is often seen as a critical aspect of crypto assets. One day the price can be soaring high with the sky being the limit, and the next day, the downward dive can wrench the hearts of all. In such uncertain scenarios,...
Key Support levels: $0.70 Key Resistance level: $0.85 The ABC correction appears to be completed after XRP successfully tested the $0.70 support level earlier this week. Since then, the price has moved higher and is approaching the resistance at $0.85. XRP may retest the key support again...
One of the defining characteristics of the crypto world is the presence of decentralization. This means that cryptocurrencies are not controlled by a single entity, such as a government or central bank, but rather distributed across many computers, networks, and nodes. In many cases, virtual...
The pandemic has continued to plague many countries across the world, forcing companies into taking drastic measures, such as pay cuts or laying off workers, to mitigate the effects of the virus on their balance sheets. This has left many people unemployed and devastated as they...
The BTC price is rallying today, following quite a few days in the red. At the time of this writing, bitcoin sits at $44K, up 6% in the past 24 hours. Bitcoin is down 3.9% in the past seven days, but today alone, the cryptocurrency is...
Key Support level: $23 Key Resistance level: $32 Polkadot briefly fell under $23, but it’s been up only ever since. Throughout the recovery, the RSI has formed a large bullish divergence compared to the low on December 20th. This has turned the momentum bullish for DOT, which...
The Hong Kong Monetary Authority (the central banking institution of the city-state) reportedly intends to establish a new regulatory regime for digital assets by July this year. The special administrative region of China is willing to follow Singapore’s path and become a cryptocurrency hub for...
The popular digital wallet built on Bitcoin’s Lightning Network – Strike – announced its launch in Argentina. As a result, the company aims to grant “superior financial experience” to a country that faces a high level of inflation and other monetary issues. Strike’s Latin American Expansion Jack...
[PRESS RELEASE – Please Read Disclaimer] Binary Cat, a decentralized platform run on the Avalanche Network where users can bet on the price of crypto assets and the relationship between them, has announced the launch of its application for mid-January 2022. You do not have to worry...
[PRESS RELEASE – Please Read Disclaimer] You may know that NFTs rose to such prominence last year the term was chosen as Collin’s Dictionary Word of the Year. Well, if there’s a sweepstake open for 2022, we’ll be putting our cash on DAO. DAOs or Decentralised...