Author: hotcrypto

2021 was a tremendous year for Blockstream and the Bitcoin ecosystem in general. Thanks to our talented and dedicated team of Bitcoiners, we continue to be at the vanguard of many of the industry’s most influential and cutting-edge projects.In the spirit of the new year, we wanted to reflect on some of our most ambitious undertakings in 2021 their impact, and where they currently stand.Growing With Bitcoin This year, bitcoin achieved new highs, became legal tender on a nation-state level and reached another leg up in its quest for worldwide adoption. We at Blockstream had a similar breakout year, with…

It’s been a particularly bearish start to the year for Bitcoin (BTC) and the broader market. As bullish BTC price predictions for 2022 hit the news at the turn of the year, a New Year’s Day rally had provided hope.The 1st January rally, however, was an outlier in what has been an active 1st week of the year on the news front.A marked increase in regulatory chatter and activity coupled with FED monetary policy have hit the markets early in the year.Monetary PolicyOn Wednesday, the FED released its FOMC meeting minutes from the December meeting. Catching the markets off-guard, Committee…

by Analytics Insight January 10, 2022 Price Prediction for Ethereum (ETH), Shiba Inu (SHIBA), Avalanche (AVA), Polkadot (DOT) and EGC. Ethereum (ETH) Ethereum, the world’s second biggest cryptocurrency has fallen to a $367 billion market cap after seeing 400% returns in 2021. 2021 was a difficult year for the project, which lies at around 50% the value of its main rival, and the world’s largest crypto, Bitcoin. Ethereum secretly split their chain 5 months ago, because of a bug affecting network security. It also continues to frustrate users because its transfers are slow and its fees are very high. With all this negativity, is…

Just as the bulls initiated to alter the market-wide sentiment, the 5 January sell-off bolstered the bearish outlook. As a result, Polkadot fell below its 20-50-200 SMA and poked its four-month low while Shiba Inu lost the vital 61.8% Fibonacci support. Moreover, VeChain had to let go of the critical $0.076-mark five-month support (now resistance).  Polkadot (DOT) TradingView, DOT/USDT DOT’s rising wedge (white) incline of nearly 17.76% (from 30 December low) halted at the long-term bearish trendline (green). Then, the 22.75% retracement snapped off the 20-week support at the $24.31-level. Consequently, the alt touched its four-month low on 8 January.…

Tether receives an average long-term technical score of 65 from InvestorsObserver’s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. USDT currently holds a superior long-term technical analysis score than 65% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate…

Dogecoin, Bitcoin, Shiba Inu, Safemoon & Binance Coin – 5 Things About These Cryptocurrencies You May Not Have Known by Analytics Insight January 9, 2022 The cryptocurrency industry is growing fast as the number of crypto projects and crypto adoption increases. According to various authority sites, crypto users have almost tripled to over 300 million in 2021.How much do you know about the biggest cryptocurrencies in the market today? Well, you will be surprised by you don’t know about these coins. In this article, let’s look at some of the things about the best cryptocurrencies of 2022 you may not…

Polkadot (DOT) has been relatively less volatile compared to the crypto market. So far Sunday, the Distributed Software Platform has declined 1.67% to $24.38. InvestorsObserver is giving Polkadot a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on Polkadot! Low Volatility InvestorsObserver gives Polkadot a low volatility rank of 19, placing it in the bottom 19% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. DOT’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge,…

APENFT (NFT) gets a neutral rating from InvestorsObserver Sunday. The crypto is up 2.48% to $0.000002817831545 while the broader crypto market is up 2.78%. APENFT has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on APENFT! Neutral Over the last five days, APENFT has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of APENFT over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term…

IOTA’s (CRYPTO: MIOTA) price has increased 3.16% over the past 24 hours to $1.51. Over the past week, MIOTA has experienced an uptick of over 16.0%, moving from $1.32 to its current price. As it stands right now, the coin’s all-time high is $5.25. The chart below compares the price movement and volatility for IOTA over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at…

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners.As we enter the new year, unsurprisingly what’s on a lot of people’s minds is a topic that consumed the latter half of 2021: soaring inflation.For the ultra-wealthy, rising inflation is in fact playing a big part in how they’re choosing to invest going into the new year.”As all investors should be, the ultra-wealthy are concerned about inflation and looking to preserve assets in 2022,” says…