Author: hotcrypto
Bitcoin Cash achieves a low risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving Bitcoin Cash a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Bitcoin Cash! Trading Analysis BCH’s current risk…
Binance, one of the top cryptocurrencies and blockchains, has announced its collaboration with the confederation of African Football (CAF). While cryptocurrency adoption is gaining popularity globally, the continent of Africa seems to have minor participants in digital assets. Several sports activities such as football and basketball are receiving crypto sponsorships and backing to promote the place of digital assets worldwide. However, Binance remains of the crypto blockchain that has been involved in such sponsorships. This announcement came just as the African most prominent men’s football championship, the TotalEnergies Africa Cup of Nations (AFCON) tournament, starts on Monday. Moreover, Binance declared…
New data reveals that the world’s biggest Ethereum (ETH) whales on record are gobbling up stablecoins and other altcoins as Bitcoin (BTC) struggles below $40,000. According to whale-monitoring bot WhaleStats, the top 1,000 non-exchange Ethereum wallets snapped hundreds of thousands of dollars worth of stablecoins USD Coin (USDC), Tether (USDT) and Binance USD (BUSD) as well as and ETH itself in the last seven days. The deep-pocketed investors also accumulated $62,569 worth of Polygon (MATIC) on average, followed by flexUSD, another stablecoin. Coming in at number seven is Hex as Ethereum whales bought an average of $28,133 worth of the…
Crypto wallets keep those passwords safe which are needed for cryptocurrency accessLike your traditional currency notes, you just can’t fold up your Bitcoin, Ethereum, Dogecoin, or any other cryptocurrency holdings and put them into your wallet. So, how do you safeguard the digital coins that you own? You can do so with the help of a cryptocurrency wallet. They exist in a variety of formats, ranging from hardware wallets – a physical device – to apps that you can run on smartphones or computers. These wallets keep your private keys — the passwords that grant you access to the cryptocurrency…
The Government of Zimbabwe has confirmed signing an agreement with Daedalus World Limited which enables the latter to collect taxes from crypto and other content providers. Zimbabwe’s Stance on Crypto The Zimbabwean government recently said it had entered into an agreement with the British Virgin Islands-based Daedalus World Limited wherein the latter is expected to collect taxes from companies that offer “betting, gaming and cryptocurrency services to persons and organisations within the territory of the Republic of Zimbabwe.” According to a News24 report, the inclusion of crypto assets in the tax list is the latest signal from the Zimbabwean government…
News Home Sunday, January 23, 2022 07:51 AM | InvestorsObserver Analysts InvestorsObserver gives Litecoin an average long-term technical score of 58 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders. LTC at this time has a superior long-term technical analysis score than 58% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type…
If you think stock market gains have been impressive since the pandemic bottom of March 2020, take a closer look at cryptocurrencies. Whereas the broad-based S&P 500 doubled in value, the total market cap of all digital currencies grew more than 1,450% between March 2020 and the end of 2021. The crypto market has made investors rich in a very short amount of time. This is especially true for investors in meme coin Shiba Inu (CRYPTO:SHIB). Shiba Inu-themed coins were incredibly hot among crypto investors in 2021. Image source: Getty Images. The blueprint for historic gains in Shiba Inu In…
Shiba Inu price continues to struggle with a return to the $0.0000650 value area. A return to $0.0000650 could prelude a massive breakout and bear trap. However, a rejection would likely initiate a sell-off. Shiba Inu price faces final test and buy opportunity to push on to new all-time highs. Shiba Inu price is at a make-or-break level. Solana price action experienced an overwhelmingly bullish close on Saturday with a massive 6% drive. Sellers on Sunday attempted to return Solana lower but failed. Bulls were ultimately able to hold Solana above the Tenkan-Sen, creating near-term support. A bullish entry is…
Media Release Jan 23: Cryptocurrencies have taken over the financial industry in 2021. Thanks to the recent success that Bitcoin had, the whole crypto industry has risen to a whole new level, and research shows that there may be as many as 7 million crypto users in the world. The market is now well-developed, and thousands of traders register with each passing day. With that being said, we wanted to share a few interesting things to consider when investing in cryptocurrencies, as they can help you achieve your goal. Let’s start diving into the details. Stablecoins or Highly Volatile Cryptocurrencies? …
The metaverse seems to be gripping everyone’s imagination these days. With launches of nonfungible tokens (NFTs) and blockchain-based play-to-earn tokenized games increasing to meet the rising demand, the sky’s the limit for this new genre.New meme coins are on the increase following Dogecoin’s (DOGE) early explosion at the beginning of this year. Shiba Inu (SHIB) has been the talk of the town over the past few months, with an explosion of over 1000% in its price.With all that popularity in mind, the developers of SafeMoon Inu (SMI) saw an opening after discovering the positives and negatives of both coins and…