Author: hotcrypto
IOTA – Forecast SummaryIOTA Forecast: H2 2021Price: $1.00Price drivers: Crypto market sentiment, IOTA sentiment, Global politicsIOTA Forecast: 1 YearPrice: $1.50 – $2.50Price drivers: Global economic recovery, Crypto market sentiment, Post COVID-19IOTA Forecast: 3 YearsPrice: $10.00- $11.00Price drivers: Crypto market, Technicals, IoT adoption, Global politics After peaking at nearly $2.70 in early April, IOTA has seen a steady decline in line with the entire sector. The sharp rise early in the year took price up 10 fold as many felt that IOTA was about to fulfil some analysts lofty ambitions. Price has bounced off the most recent lows of 60 cents, however,…
What happened The crypto market sell-off has continued into Monday, with most tokens down considerably in morning trading. Mega-cap tokens Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) both broke through psychological barriers, with Bitcoin dipping below $40,000 per token and Ethereum diving below $3,000 per token this morning. Currently, both tokens are down, though losses have been limited to 0.6% and 2.5%, respectively, for Bitcoin and Etheruem over the past 24 hours, as of noon ET. Notably, Bitcoin is outperforming the overall crypto market today, which is much deeper in the red on the whole. The entire crypto market has lost 1.7% over the past…
Tortola, British Virgin Islands, 10th January, 2022, Chainwire On Tuesday 11 January at 09:00 EST / 14:00 UTC, $PLN, the governance token of the Pollen DeFi protocol, will be listed on AscendEX. It is the primary centralised exchange listing of $PLN, and the first Avalanche chain token to list on AscendEX. Pollen DeFi simplifies crypto portfolio management. It provides new opportunities to earn for both profitable traders and those wishing to hold dynamically managed portfolios, without the need for them to manage allocations and assets themselves. $PLN is the utility token that unlocks the Pollen DeFi ecosystem. Features include…
Broker eToro shared exclusive crypto data with Insider on what was hot and what was not in 2021. eToro has a hefty 23 million users, so its open interest numbers can provide great insight. Bitcoin held firmly to its number one ranking but most others rose or fell in popularity. Crypto is a fast moving space, as most people know. The speed at which assets that saw red-hot demand just a year ago can drop in popularity may surprise many though.Data from retail investing and trading platform eToro has laid bare the cryptos that dropped like a stone among its…
Whether Cardano (ADA) breaks down or bounces at the current horizontal support area could determine the direction of the future trend. Cardano has been decreasing alongside a descending resistance line since reaching an all-time high price on Sept 2. So far, it has fallen by 64% since the aforementioned all-time high. Currently, the token is very close to the $1.07 horizontal support area, which has been in place for 236 days. A breakdown below it could trigger a very sharp fall. Chart By TradingViewCryptocurrency trader @CryptoCapo_ tweeted an ADA chart. He stated that the token is expected to bounce at…
Bitcoin Cash and SAND correlated with the broader market trajectory and declined below their 4-hour 20-50-200 SMA. They poked their multi-week lows on 8 January while the 20 SMA stood as an immediate hurdle. On the other hand, Cosmos touched its 15-week high on 7 January. However, over the past few days, it formed a double top and hinted at decreasing buying influence. Cosmos (ATOM) Source: TradingView, ATOM/USDT After an inverse head and shoulder, ATOM saw an expected breakout from the $32.5-mark. The alt jumped by over 35% (from 1 January) and poked its 15-week high on 7 January. This…
Binance Smart Chain (BSC) whales hold Ethereum in their wallets more than any cryptocurrency. However, BabyDoge has overtaken Ethereum to become the most traded cryptocurrency by the whales. BabyDoge Coin Flips Ethereum in Terms of Trading Volume by BSC Whales WhaleStats, a platform dedicated to tracking the trading activities of the richest BSC whales, has revealed that BabyDoge has surpassed Ethereum in terms of trading volume by the whales. This implies that the BSC whales now trade the BabyDoge coin more than Ethereum. 🚀 JUST IN: #BabyDoge @babydogecoin had flipped $ETH to be most traded token among the top 1000…
Source: AdobeStock / dennizn With the ever-increasing competition, mining now requires specific, powerful rigs that usually cost thousands of dollars – but there are unconventional ways users can earn some money with crypto mining without having to buy mining devices.Crypto mining started as a simple job of validating transactions and creating new tokens in the proof-of-work (PoW) mechanism using a small amount of computing power. It has, however, gotten much pricier to do it with time. Still, amateur miners have found a couple of novel mining methods. One of them is using the Norton 360 antivirus. The popular antivirus product has released Norton…
Bitcoin, Ethereum, Crypto News and Price Data Coindesk This news is republished from another source. You can check the original article here
LONDON (Reuters) – Bitcoin fell over 5% on Monday to its lowest in over five months, tumbling under the $40,000 level. The largest cryptocurrency fell as far as $39,558, its lowest since Aug. 5. It was last down 4.7%, more than 40% below a record high of $69,000 hit in November. (Reporting by Tom Wilson; Editing by Saikat Chatterjee) This news is republished from another source. You can check the original article here