Author: hotcrypto
Blockchain network Tezos (CCC:XTZ-USD) has captured the crypto spotlight today as it trends up more than 9% so far. The news seems to be related to recent praise the coin has received from Ethereum (CCC:ETH-USD) co-founder Vitalik Buterin. Tezos price predictions are all over the place today as experts weigh in on whether the XTZ crypto is just a flash in the pan, or the next big crypto breakout. Source: RuskaDesign via Shutterstock Indeed, Tezos’ jump today is likely due to some glowing comments Buterin had for the crypto. Buterin appeared on the “Bankless” podcast recently, where he weighed the legitimacy…
It has been barely four days into the new year, and it is already seeing signs of volatility. The market’s volatility seems to be spilling over from 2021, which saw the markets swing drastically with leading cryptos seeing major price rally or bearish phases. At the end of the year 2021, many had anticipated that the month of January would bring in cheer for the investors. Leading cryptocurrency Bitcoin has been in a stagnant phase for some time since it achieved it all-time high in November 2021 and has struggled in the range of US$40,000-$52,000. Even on Tuesday, Bitcoin was…
Dogecoin needs to move above $0.20 to avoid bear market FXStreet This news is republished from another source. You can check the original article here
DeFi protocols continue to attract capital despite softening crypto prices. getty Crypto-markets have begun 2022 with a softening of prices. However, that weakness has not been felt by decentralized finance (DeFi) lending platforms, which continue to attract large deposits of capital. Analyzing data from Dune Analytics on the top 3 platforms, ~$40 billion of total value locked (TVL), i.e. deposits which can be used to either lend out or as collateral to borrow. Deposits into lending protocols holds around $40 billion. https://dune.xyz/hagaetc/lending Additionally, per Dune Analytics, loan demand has held steady as well; hovering around $20 billion, at the time…
Key Takeaways Chainlink is currently down almost 55% from all-time highs, but has traded in a parallel channel since April of 2018. LINK is trading a critical support levels that historically indicate a future uptrend. LINK must maintain critical support above $17 on the lower boundary of the parallel channel to validate the bullish thesis. Share this article Chainlink appears to be trading at a crucial support level that has previously marked the beginning of a bull run. If history repeats itself, LINK could rise towards new record highs.Chainlink Reaches Local BottomChainlink appears ready to kick off 2022 on the…
Although 2021 may have been the year that cryptocurrency went mainstream, 2022 looks even more promising for some of the biggest names in crypto. Crypto can be an intimidating investment, as some cryptocurrencies see explosive growth only to plummet essentially overnight. Investing isn’t a get-rich-quick tactic, however. If you want to maximize your earnings, it’s best to buy solid cryptocurrencies and hold them for as long as possible. Not all cryptocurrencies are created equal, so it’s crucial to make sure you’re investing in the right places. These three cryptos have real-world utility and the potential for long-term growth, making them…
Robinhood, an American financial services company, pioneered the commission-free stock trading system, which most brokerages have embraced. The company’s spirit of innovation also saw it become the first mainstream Robo-advisor platforms to adopt cryptocurrencies in January 2018. In so doing, the firm offered its customers an opportunity to trade stocks as well as leading crypto assets. At the moment, the Robinhood app offers support for seven cryptocurrencies. These are Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Bitcoin SV (BSV), and Dogecoin (DOGE). Apart from adding support for cryptos, Robinhood has been introducing features to help streamline the crypto…
Cardano (ADA), Solana (SOL), Binance Coin (BNB), Bitgert (BRISE), or Litecoin (LTC) – Which Crypto has Progressed the Most in 2021?With the rise in crypto investments, investors are seeking the best possible option for 2022.Auditing 2021 is crucial for better investment in 20212. All the cryptocurrencies that ended the year with growth made some significant progress in constructing their projects. This comparison between these five best crypto shows which one progressed the most. Take a look: 1. Cardano (ADA)Cardano (ADA) had a very productive 2021. Since the project launched in 2017, it was able to hit another all-time high price last…
Most cryptocurrencies are now rising the December plunge, and soon there might be a bull run in the market like in Q3 and early Q4 2021. But this will depend on the cryptocurrency one will have invested. Let’s see why these 5 cryptocurrencies are the best to invest in this year. 1. Bitcoin The term Bitcoin is almost synonymous with cryptocurrencies today. As the first cryptocurrency, the coin has made a name and has been a controlling factor in the crypto market. It is the largest cryptocurrency in terms of market value, and a slight movement of the price affects…
The government of Kosovo has halted crypto mining in the country due to power constraints during the winter season. Kosovar Minister of Economy Artane Rizvanolli has decided to stop mining cryptocurrencies following a recommendation from the technical committee on “Emergency measures for energy supply”, according to a local media report Gazeta Express. The report notes that the government made the decision after Kosovo’s power supply fell below the stipulated level, and began to impose power cuts during peak periods. According to Rizvanolli, the government has decided to create a technical committee to assess emergency energy supply strategies in response to…