Author: hotcrypto

Bitcoin has been steadily dropping over the past two weeks from the $52k highs. In the same period of time, Bitcoin Cash has also slid a similar percentage value down its charts. Bitcoin still had strong support right below where it was trading at press time, and Bitcoin Cash too appeared to have a little further lower to go before it could see strong demand. BCH- 1D Source: BCH/USDT on TradingView In December, the $500 area was flipped decisively from support to resistance. Since then, the price has weakly clung to the $420 level as support. On the charts, the…

This week, we take a closer look at Ethereum, Binance Coin, Cardano, Solana, and Luna Ethereum (ETH) Throughout the past seven days, we saw a crash in the crypto market and ETH was no exception, falling over 14.6% in the period. After a brief attempt earlier this week to push towards $4,000, the price quickly turned on Wednesday, breaking below the $3,600 support, which is now a resistance. The downtrend did not fade today and continued with ETH falling under $3,300. At the time of this post, ETH looks very weak, and a test of the $3,000 support appears likely…

The hack was first identified by PeckShield, a blockchain security company, based on the suspicious transfer of ERC-20 tokens from LXC to an unknown Ethereum (ETH) wallet.Liechtenstein-based crypto exchange LCX has confirmed the compromise of one of its hot wallets after temporarily suspending all deposits and withdrawals on the platform. hot wallet compromised? @lcx https://t.co/uL5a7oCFfM— PeckShield Inc. (@peckshield) January 9, 2022 The probable hot wallet compromise was soon confirmed by the exchange as it announced the loss of numerous tokens including ETH, USD Coin (USDC) and other tokens including its in-house LCX token.Ethereum blockchain based assets such as ETH, USDC, EURe,…

Search Quotes, News, Mutual Fund NAVs Yes Bank INE528G01035, YESBANK, 532648 Suzlon Energy INE040H01021, SUZLON, 532667 TataTeleservice INE517B01013, TTML, 532371 Jaiprakash Pow INE351F01018, JPPOWER, 532627 Hinduja Global INE170I01016, HGS, 532859 Search Quotes, News, Mutual Fund NAVs Yes Bank INE528G01035, YESBANK, 532648 Suzlon Energy INE040H01021, SUZLON, 532667 TataTeleservice INE517B01013, TTML, 532371 Jaiprakash Pow INE351F01018, JPPOWER, 532627 Hinduja Global INE170I01016, HGS, 532859 This acquisition is a part of RIL’s strategy to expand its consumer and hospitality footprint.. Exclusive:ग्रोथ और मुनाफा दोनों हमारे लिए हैं अहम- फाल्गुनी नायर बाजार में गिरावट का दौर जारी, Sensex 435 अंक…

Paypal is reportedly working on a stablecoin backed by the U.S. dollar to expand its cryptocurrency offerings. “We will, of course, work closely with relevant regulators,” the company stressed. Paypal Is Exploring Launching Its Own USD-Backed Stablecoin Paypal Holdings Inc. is reportedly exploring the launch of its own stablecoin backed by the U.S. dollar as part of the company’s cryptocurrency push, Bloomberg reported Friday. Jose Fernandez da Ponte, senior vice president of crypto and digital currencies at Paypal, confirmed to the publication: We are exploring a stablecoin; if and when we seek to move forward, we will of course, work…

In this scenario, the price might drop to $41,000 in the coming days. However, near the $40,000 level, the next significant support exists. The BTC/USD coin is trading at the 41,297.1 level and consolidating in the range between 42,615.8 and 43,772.3.The reason for the ongoing declines in BTC, however, could be linked to the Federal Reserve’s most recent meeting, which showed the central bank’s leaning toward more aggressive policy action, sapping investor appetite for riskier assets. It is also worth mentioning that the Nasdaq fell more than 3% overnight, the most in a single day since February after Fed minutes…

What happened  The weekend continues to be a rough time for cryptocurrency holders. The stock market closes on Saturday and Sunday, but digital assets trade 24 hours, 7 days a week and Saturday has repeatedly been a down day for the cryptocurrency market over the past month.  There were drops across the cryptocurrency industry today but a few were more notable than others. Ethereum (CRYPTO:ETH) continues its slide, falling 5.1% in the last 24 hours as of 4:20 p.m. ET. The value of Ethereum has fallen 17% in the past week and 31% over the past 30 days, hitting the…

VeChain (VET) has been relatively less volatile compared to the crypto market. So far Saturday, the crypto has fallen 4.89% to $0.07614820034. InvestorsObserver is giving VeChain a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on VeChain! Low Volatility InvestorsObserver gives VeChain a low volatility rank of 19, placing it in the bottom 19% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. VET’s low volatility reading is paired with a low reading on the Risk/Reward Gauge,…

With staking becoming an increasingly popular feature offered by hundreds of different platforms, it’s always wise to know what kind of fees you’ll have to pay for staking your crypto. Even if the rewards look great, unexpected fees can quickly sneak up on you. So, which platforms out there offer little-to-no staking fees? Let’s find out. Image Credit: wuestenigel/Flickr Binance is one of the world’s most popular crypto exchanges, and there’s a lot of things about Binance that make it a great staking platform. Its secure network ensures your funds are kept safe. Moreover, the range of supported tokens allows…

SafeMoon receives a high risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver is giving SafeMoon a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on SafeMoon! Trading Analysis SAFEMOON’s current risk…