Author: hotcrypto

by Aratrika Dutta January 13, 2022 These top 10 cryptocurrencies are potentially doing well and the best trades in the cryptomarket for 2022From Bitcoin and Ethereum to Dogecoin and Tether, there are thousands of cryptocurrencies, which can make it overwhelming for new traders to curate a safe investment strategy. For investors, it is imperative to examine cryptocurrencies from several perspectives, including that of investors, banks, and governments, to consider the fundamental stability of these digital currencies. It is quite evident that cryptocurrencies are an important and rising element in today’s digital economy. So, here we have listed the top 10…

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.If you’re new to the world of cryptocurrencies, it’s likely you’ve never heard of currencies like SafeMoon or HUH Token. Appearing in 2009, Bitcoin was the original cryptocurrency – the catalyst for the craze for cryptocurrencies on the market today. As more people come to understand the potential for immense profit through these coins, investment levels are only increasing. But whether you’re a complete newbie or you’ve been around since the beginning, you can never know too much, so here are 4 crucial tips for investing…

Metaverse Crypto Coins are doing quite well today, with many seeing bullish momentum. There are dozens of underrated Metaverse projects that have yet to blow up. That’s why we hand-picked our top seven favorite Metaverse crypto coins with a market cap below $7 million, ordered by overall valuation, lowest to highest. #7 ShoeFy (SHOE) – $600k Launched in October 2021, ShoeFy describes itself as an innovative decentralized platform that combines NFTs and traditional digital tokens. Digital shoes on ShoeFy are referred to as sNFTs, and they utilize the popular ERC-721 token standard. ShoeFy also features an ERC-20 token called SHOE,…

Ripple’s developer arm, RippleX, announced the rollout of the NFT-Devnet platform to explore the native NFT capabilities introduced with XLS-20d. Ripple’s NFT-Devnet for Developers According to the official blog post, prominent cryptographer and RippleX software engineer Nik Bougalis revealed that the developers may begin building applications and tokenization use cases. It also outlined the addition of XLS-20d, a proposal first introduced in May 2021. For context, it aimed to usher in extensions to the XRP Ledger that will support a native NFT type, along with provisions to enumerate, purchase, sell and hold such tokens. I know how long people have…

After pulling data from Benzinga Pro the following is the list of top crypto gainers and losers at the time of publication: GAINERS IOTA (CRYPTO: MIOTA) increased by 17.38% to $1.28. IOTA’s current trading volume totals $133.31 million, a 11.08% increase from its 100-day average volume. As of today, $MIOTA’s estimated market cap is $3,554,586,708.00. Circulating Supply: 2,779,530,283.28 Max Supply: Not Available Convex Finance (CRYPTO: CVX) is up 14.75% at $35.96. The trading volume for this coin is currently $25.55 million, which is 38.92% higher than its average full-day volume over the last 100 days. The coin’s market cap stands…

Shiba Inu (CRYPTO: SHIB) shares are trading up Wednesday in a crypto market that is starting to bounce back. The crypto is flying higher while Dogecoin (CRYPTO: DOGE), another popular dog coin and inspiration for Shiba, is trading only slightly up today. Shiba Inu was up 14.93% at $0.00003198 Wednesday afternoon at publication. See Related: Crypto Puppy Wars: Baby Dogecoin And Shiba Inu Nip At Breakouts, But Which Will Reign Best Of Breed? Shiba Inu Daily Chart Analysis Shiba Inu looks to have broken out of what traders call a pennant pattern. The price fell below pattern support and looked like it was…

Source: Adobe/Hyejin Kang Hisham Khan, CEO of Aldrin, a Solana-powered crypto exchange._____In 2021, we saw crypto become more accessible to those who truly need it. In 2022, we could finally see the wealth gap start to narrow.While a significant portion fueling the adoption of crypto has been hype and speculation, crypto, blockchain, and decentralized finance (DeFi), key developments in the technology have undoubtedly helped people in need. NFTs (Non-fungible tokens) are helping artists in developing countries access new avenues of income, while play-to-earn games such as Axie Infinity are helping small-income earners in the Philippines generate wealth.Digital assets have also grown in…

A whale monitoring resource has found that the richest wallet addresses on the Ethereum network have been loading up on Polygon ($MATIC) and Chainlink ($LINK) as the cryptocurrency market recovers, with only Ethereum’s ETH and stablecoins leading these coins in terms of holdings. According to data from WhaleStats, first spotted by DailyHodl, the 1,000 largest addresses on the Ethereum network have over the last few days been loading up on Polygon and Chainlink, along with ETH and leading stablecoins USDC and USDT. The monitoring resource’s data shows that over the last seven days, the most purchased tokens by top Ethereum…

Crypto leverage has been high across some particular digital assets in the space. Global open Interest in the space still sits at a reasonable point currently, but some assets boast significantly higher open interest to market cap ratios than others. Thus, this report will be examining the leverage for these assets to see which ones carry elevated leverage. Altcoins Lead In Leverage Bitcoin and ethereum no doubt still command the largest share of the global crypto open interest but when it comes to the percentage of their market cap which their open interest commands, it falls short when compared to…

Although bears refrained from giving the bulls a free hand, Bitcoin Cash managed to cross its immediate hurdle and found support at the 23.6% Fibonacci level. On the other hand, even though Dogecoin and Solana technicals displayed a slightly bullish bias, they encountered bearish divergences with the Volume Oscillator. Dogecoin (DOGE) TradingView, DOGE/USD After retracing by nearly 48.96% over the past 55 days, the largest meme coin found an oscillating range between the $0.162 and $0.182-mark. The bears retested the $0.162-level six times over the past 19 days, but the bulls held their ground.  It becomes crucial to note that the Volume…