Author: hotcrypto

Momentum is the clearest indicator of future performance for presales. Tokens that experience a glut of orders before launch signal that investors like the fundamentals and are keen to invest. Gnox (GNOX), a reflection token launching in a week on the BSC (Binance Smart Chain), sold out its penultimate presale phase and has just sold out its final presale phase. The momentum is clear, and it is drawing the attention of investors across the sphere who recognise buying at launch may be the last chance to lock in a solid price.The buzz around this token is reminiscent of the feeling…

In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at Ethereum ahead of the upcoming Merge using the ETHBTC monthly chart. Specifically, this episode looks at the Ethereum versus Bitcoin trading pair using the Parabolic SAR, Ichimoku Cloud, and much more. Take a look at the video below. VIDEO: Ethereum Versus Bitcoin Analysis (ETHBTC): August 23, 2022 Looking at Ethereum’s monthly chart, after a clear violation of the last uptrend ending in 2017, Ethereum entered a bear market against Bitcoin –– yet was able to build a stable rounded base over the last five years. Rounded Support…

The global cryptocurrency market was relatively stable on Tuesday, with modest gains in Bitcoin (BTC) and Ethereum (ETH) prices. The global crypto market rose 1.74 per cent to $1.03 trillion, while the trading volume increased by 15.07 per cent to $70.21 billion in the last 24 hours to 5:45 pm IST, according to Coinmarketcap.com. Tuesday’s top gainer was Chiliz token. It was trading at $0.2285, up 17.42 per cent in the last 24 hours. The top loser was Celsius, trading at $1.74, down 10.37 per cent in the last 24 hours.  Major Currencies Bitcoin (BTC): BTC soared by 1.01 per…

Crypto markets were back in the green on Tuesday, as bearish pressure marginally eased during today’s session. Ethereum rallied back above $1,600 earlier in the day, less than 24 hours after nearing a breakout below $1,500. Bitcoin was also higher, moving past the $21,000 level. Bitcoin Bitcoin (BTC) prices were trading marginally higher on Tuesday, as crypto prices rebounded following recent losses. Following a low of $20,955.14 to start the week, BTC/USD rose to a high of $21,521.70 earlier in the day. Tuesday’s move comes as prices continue to move away from a key support point of $20,800, as bulls…

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.The cryptocurrency industry has seen its fair share of promising crypto projects over the years. The competitive nature of the industry makes it so that only an exceptional project stands out. After careful consideration and observation, crypto analysts have concluded that Zompot has the potential to become the next phenomena in the crypto sphere.The Zompot Token (ZPOT) is the native cryptocurrency of Zompot, an upcoming crypto platform that seeks to provide secure and safe investment options for users. The token will play a major role in the…

Crypto.com listed new BUSD trading pairs with Solana, Shiba Inu and Dogecoin.  The exchange platform added the new trading pairs to the Crypto.com application.  Solana price is ready for recovery, analysts identify higher lows in SOL chart.  Crypto.com announced a list of new trading pairs on its crypto application. Solaba, Shiba Inu and Dogecoin have been added to BUSD pairs on the Crypto.com app.  Also read: Three reasons why Shiba Inu has potential to beat the slump Crypto.com shines the spotlight on Solana, Shiba Inu and Dogecoin Crypto.com, a crypto platform and a leading digital asset exchange, put the spotlight…

Via their Twitter handle, the VeChain Foundation announced the start of the voting process that will allow the community to decide to implement or reject a major update to their network: Proof-of-Authority (PoA) 2.0. This upgrade could usher a new wave of blockchain “mass adoption”, the announcement said. As NewsBTC reported, the PoA 2.0 upgrade will eliminate the tradeoffs of the Nakamoto Consensus and Byzantine Fault Tolerance (BFT) consensus implemented on cryptocurrencies such as Bitcoin. Related Reading | VeChain And DNV Launch First Blockchain-based IVF Service App If approved via the voting process, the upgrade will enable blockchain VeChainThor to benefit…

Kraken, which was founded in 2011, finds accounting management and data auditing as its mission.  Kraken reveals its accounts Its inception is due to the mismanagement of Mt. Gox which was one of the most widely used exchanges in the past and saw the need to have its “numbers” audited to verify solvency and make ends meet. Mt. Gox, unfortunately, did not survive for long as the situation it was in was too compromised to recover, and in essence, Kraken was almost a liquidator.  Kraken CEO Jesse Powell was at the forefront and has been present throughout the Mt. Gox…

As the cryptocurrency sector navigates through a bear market, different projects appear unfazed by the conditions accelerating development activities on their respective blockchains. Notably, some projects within the space are standing out in a bid to meet the demands of the community. In particular, Ethereum (ETH) ranks top among the projects with the most development activity in the last 30 days at 401, according to data provided by blockchain analytics platform Santiment on August 22.  Elsewhere, open-source blockchain Polkadot (DOT) and Kusama (KSM) rank second and third, respectively, each recording 400 development activities. Cardano (ADA) lies in the fourth spot…

Beacon’s NFT for VIP members is an image of one of Nocifera’s chickens with a disco ball. (Provided by Beacon)Mario Nocifera wants to put the VIP into NFTs. With the rising popularity of NFTs, or digital assets that cannot be replicated and represent real-world objects like art, music, in-game items and videos, many people have questioned why a picture of apes sold for tens of millions of dollars coupled with headlines about million-dollar hacks of NFT projects. But Nocifera, the owner of local dance club Beacon at 2854 Larimer St. in RiNo, told BusinessDen that his new NFT program has…