Author: hotcrypto
While the crypto market was bleeding heavily on Friday, Solana experienced another network hiccup that caused panic among traders and DeFi users across the crypto community. 48-hour Solana Network Outage The Solana network has suffered multiple issues within the last few months, and this current incident is the second in January. But unlike other occasions, the latest outage lasted about 48 hours. The Solana team said they first noticed the hiccup on Friday, January 21 2022, at about 00:00 UTC. “The mainnet-beta cluster is experiencing some performance degradation, we are currently investigating the issue,” the team wrote. The investigation lasted more…
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Cardano Price Prediction: ADA threatens to dip below $1 FXStreet This news is republished from another source. You can check the original article here
Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following question to over 1,000 Benzinga visitors on altcoin investing: If you had $1,000 right now, would you buy the dip in Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), Ethereum Classic (CRYPTO: ETC) or Bitcoin Cash (CRYPTO: BCH)? Dogecoin: 40.6% Shiba Inu: 35.9% Ethereum Classic: 11.1% Bitcoin Cash: 12.4% See Also: Is Shiba Inu A Good Investment? Price Action: Given the price action of altcoins is…
While the past 48 hours have been rather detrimental to the market sentiment, Binance Coin flipped the $414-mark from support to resistance. Polkadot and Ethereum Classic plunged toward their multi-month low levels and lost crucial support points. All these cryptos still struggled to ramp up their volumes at increasing prices. Binance Coin (BNB) Source: TradingView, BNB/USDT The alt has been on a slump since it broke down from the descending triangle (yellow). After two substantial sell-offs, BNB lost 34.78% of its value (from 5 January) and touched its 16-week low on 22 January. During this phase, it plunged below its…
Editorial IndependenceWe want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money.It’s official: The Federal Reserve is toying with the idea of issuing a U.S. digital currency.In a long-awaited report released last week, the Fed explored the costs and benefits of a government-issued digital currency, but deferred a final decision on whether to move forward. Instead, the Fed is giving the public and other stakeholders until May 20 to…
PORTLAND, Ore., Jan. 24, 2022 /PRNewswire/ — According to the report published by Allied Market Research, titled, “Cryptocurrency Market By Offering (Hardware [ASIC, GPU, FPGA, and Others] and Software), Process (Mining and Transaction), Type (Bitcoin [BTC], Ethereum [ETH], Tether [USDT], Binance Coin [BNB], Cardano [ADA], Ripple [XRP], and Others), and End User (Trading, Retail & E-commerce, Banking, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030”. As per the report, the global cryptocurrency market generated $1.49 billion in 2020 and is estimated to reach $4.94 billion by 2030, growing at a CAGR of 12.8% from 2021 to 2030. Major Determinants…
This is the second article in a series about lessons that can inform bitcoin’s replacement of the U.S. dollar. Read the first article in the series, on leaving the gold standard, here.The Open Systems Interconnection (OSI) model gives seven layers of computation that allow a network effect to emerge. The network model used today is the TCP/IP model. When the two are compared, OSI is known for having stricter rules and providing delivery assurances as it transfers data. It is also known for being less reliable, as TCP/IP allows for greater levels of efficiency.This is not a comparison of the…
The Union Bank of the #Philippines plans to offer trading and custodial services for #cryptocurrencies including #Litecoin using Switzerland’s Metaco trading systemhttps://t.co/rVhG3XtYCR— Litecoin (@litecoin) January 22, 2022(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)…
After the market-wide sell-off, XRP picked itself up from its six-month low at $0.5489. Now, it needs to gather thrust to test the 23.6% Fibonacci level. Similarly, Shiba Inu bounced back from the $0.00001708 three-month support and found a barrier at its 4-hour 20-SMA. On the other hand, LUNA reclaimed its golden Fibonacci level but struggled to gather trend-altering volumes. XRP Source: TradingView, XRP/USDT XRP managed to break out of the three-week down-channel (yellow). But, since the sellers stepped in the $0.8029-level, the alt has been on a persistent decline. Thus, it formed another descending channel (white) on its 4-hour…