Author: hotcrypto

BabyDoge, Saitama Inu, Bitgert, Centcex, Safemoon, Floki Inu & Yooshi – Why These Cryptocurrencies Will Do The Best In 2022? by Analytics Insight January 21, 2022 This article features top cryptocurrencies like BabyDoge that are expected to rule the industry.Finding the best cryptocurrency to invest in can be tricky with the huge number of crypto projects in the market. There are thousands of crypto coins in the crypto market today. This list comprises some of the best cryptocurrencies of 2022. Here are the reasons why they might do the best in 2022. BitgertBitgert is one of the cryptocurrencies projects to do…

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What happened  The cryptocurrency industry is taking a hard hit in trading on Friday, and there doesn’t seem to be any end in sight to the sell-off. Every major cryptocurrency has been down double digits at some point today, and some smaller cryptocurrencies, known as altcoins, are down 20% or more.  In the past 24 hours, as of 11 a.m. ET, Solana (CRYPTO:SOL) had fallen as much as 19%, Cardano (CRYPTO:ADA) had dropped 16.4%, Polkadot (CRYPTO:DOT) had tumbled 16.3%, and Dogecoin (CRYPTO:DOGE) was off 11.8%. The altcoins were down 14.5%, 13.5%, 13.2%, and 8.4%, respectively, as I’m writing.  Image source:…

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Daniel semi-retired at age 27 after some lucky breaks, including with a single purchase he made two years ago that is now worth $50 million.A Queenslander who started off working at his local service station for just $15 per hour is now worth at least $100 million if he cashed out on all his assets right now. Daniel Maegaard, 31, from the Sunshine Coast, used to work the weekend shift at his petrol station while studying psychology at university.But a combination of luck and skill saw him stumble upon new technology crazes such as cryptocurrency and non-fungible tokens (NFTs) years…

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Today the IOTA Foundation launched the beta of the network’s new smart contracts, which will offer the emerging digital marketspace high speed, low impact, and transaction fee free functionality. In an exciting move, the smart contract beta also enables interoperability between IOTA and erc-20 tokens due to the inclusion of an Ethereum Virtual Machine (EVM). This will facilitate smart contracts written using Ether’s Solidarity language anchored within IOTA’s tangle. Other interoperable languages include Go and Rust. Other features include the usage of full network sharding to enable developers to wrap smart contracts onto the baselayer of nativised tokens enabling high…

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Dogecoin had a rollercoaster of a year in 2021. It went from being a relatively disregarded cryptocurrency to the leading meme coin in the space, racking up a valuation as high as $40 billion at one point. Like anything, Dogecoin had its time in the spotlight. However, that spotlight has since faded and rested upon other projects in the space, but Dogecoin still remains an investor favorite, particularly among whales. With its popularity in the last year, it has risen over 4 million holders. Of this number, one country boasts the majority. Here is the most pro-Dogecoin country in the…

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Axis DeFi (AXIS) gets a very bearish rating from InvestorsObserver Friday. The crypto is down 51.29% to $0.1466972148 while the broader crypto market is down 13.01%. Axis DeFi has a Very Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Axis DeFi! Very Bearish Over the last five days, Axis DeFi has earned a Very Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Axis DeFi over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s…

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What happened The cryptocurrency market is getting crushed in today’s trading. Chainlink (CRYPTO:LINK), Crypto.com Coin (CRYPTO:CRO), Ripple’s (CRYPTO:XRP) XRP token, and Algorand (CRYPTO:ALGO) were down 14.6%, 16.6%, 13.2%, and 13.9%, respectively, over the previous 24-hour period as of 5:30 p.m. ET on Friday. Meanwhile, Bitcoin had fallen 11.2% and Ethereum’s ether token was down 15.5%, and the big sell-offs have quickly shaved more than $200 billion in value off the total combined cryptocurrency market. Russia’s central bank shared a paper Thursday outlining a proposed ban on all cryptocurrencies, and the unfavorable news arrived at a time when the market was…

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What happened Capping a generally lousy week for cryptocurrencies, the U.S. dollar values of many altcoins took big hits on Friday. Few were spared, with both high-market cap tokens and the lower profile cryptos falling at double-digit rates. Among these were Fantom (CRYPTO:FTM), with a relatively steep drop of almost 19% on the day, and Litecoin (CRYPTO:LTC), Bitcoin Cash (CRYPTO:BCH), and Uniswap (CRYPTO:UNI), all sinking at around the 13% mark. Image source: Getty Images. So what As veteran cryptocurrency investors know by now, where Bitcoin goes, altcoins tend to follow. The bellwether digital coin was on a downward spin to…

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Bitcoin After a strong rejection near $44,000, bitcoin price started a fresh decline. There was a clear move below the $42,000 and $40,000 support levels. There was also a close below the $40,000 level and the 21 simple moving average (H1). The price cleared the $39,000 support zone to enter a bearish zone. It tested the $38,000 support zone and is currently struggling to recover. Any more losses could send the price towards the $37,000 level. On the upside, the price is facing resistance near $39,000. The main resistance is now near $40,000, above which bitcoin may perhaps rise towards…

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