Author: hotcrypto
Ethereum Classic (ETC), Low Volatility but Rising Sunday: Is it Time to Cash Out? InvestorsObserver This news is republished from another source. You can check the original article here
During the last ten years, we have been witnessing massive changes in the cryptocurrency sector.Bitcoin, for example, went from being an interesting experiment for a mainstream investor portfolio mainstay to a new asset class and digital gold.Bitcoin (BTC)Several factors support higher Bitcoin prices, including better acceptance by traditional companies and the rising demand from Bitcoin ETFs.Experts say Bitcoin has the possibility of topping $100,000 by the end of 2023 but some analysts argue that this goal could be reached already by the end of the first quarter of 2022.Several others are still cautious to choose a specific date or year…
One of 2021’s biggest stories was the China ban on Bitcoin mining. On one hand, the news did affect Bitcoin’s price and gave ammunition to the naysayers that think that governments will outlaw Bitcoin. On the other, the network kept working without a hiccup, recovered its hashrate in record time, and gained in decentralization. However, a question remains. Why did China exclude itself from this very lucrative activity in which they were dominating? As Bitcoin entrepreneur John Carvalho not-so-eloquently put it, “I refuse to believe that China is stupid.” There has to be a reason, even if it’s a simple…
The past few days witnessed a bullish recovery attempt while the market-wide sentiment exhibited a bearish inclination. Shiba Inu struggled to cross the 20 SMA and found it difficult to cope after losing the $0.000035 level. Litecoin followed Bitcoin’s trajectory but failed to back it up with trend-altering volumes. On the other hand, after striking its ATH on 27 December, NEAR continued to trade above its 20-50-200 SMA. Shiba Inu (SHIB) Source: TradingView, SHIB/USD After re-claiming, SHIB bulls again flipped the crucial $0.000035 nine-week support to its immediate resistance. This level also concurred with the 20-SMA (red). Post a down-channel…
To yet, the Shiba Inu crypto meme coin has received the most attention. After Dogecoin, the world’s attention has turned to Shiba Inu since the meme-coin achieved incredible gains for investors. It recently broke a crucial support level and lost 10% of its value. – ShibArmy promptly bought the dip and within four days, it had increased by more than 35 percent. During the downturn, a new crypto whale hopped on the bandwagon and purchased $50 million worth of Shib. Shiba Inu has lately become the most popular meme-coin among the world’s 1,000 largest Ethereum (ETH) whales. There are currently…
The broader market still struggled to initiate a swift bullish rally. Consequently, altcoins like Binance Coin, Vechain, and Ethereum Classic stayed below their 20-50-200 SMA. Now, the RSI of all these cryptos attempted a retrieval from the oversold region. Binance Coin (BNB) Source: TradingView, BNB/USDT After a bearish flag (yellow) breakdown, the price action found support at the $512-level for nine weeks now. Thus, BNB saw a 12.55% recovery (since 20 December low) in an ascending channel (green) until it poked its two-week high on 27 December. For the past three weeks, the $560-mark acted as a resilient testing level…
Do you live in a crypto-friendly state?Cryptocurrency investing has taken off in the United States this year. And the race is on for states to attract the crypto industry as various parts of the country compete for the crypto crown. But which states are ahead of the crypto curve?We looked at several factors, including regulation, infrastructure, and general interest to uncover which states are best for crypto investors.1. CaliforniaCalifornia is working hard to attract the cryptocurrency industry. If Bloomberg’s analysis of crypto jobs is anything to go by, it’s succeeding. San Francisco and Los Angeles both had some of the…
Safemoon Operation Phoenix is ongoing Bitgert zero gas fee blockchain is launching in 2022 Bitgert (BRISE) centralized exchange to launch in Q1Safemoon and Bitgert (BRISE) are two DeFi projects to watch in 2022. In fact, these are two crypto projects projected to be among the top cryptocurrencies of 2022. Both projects launched in 2021, but Safemoon is 5 months older. Their 2022 roadmaps and, more so, the upcoming products are the reasons why the crypto community believes they will be among the top crypto of 2022.Like Safemoon, Bitgert (BRISE) is building a payment platform that enables users to transact directly…
Ethereum’s high gas fees have many blockchain developers looking at alternatives to build their projects.Cryptocurrencies Solana, Cardano and Polkadot have all surged this year on the back of increasing adoption.These tokens have been dubbed ‘Ethereum Killers’ by the community but proponents believe that it’s not a fight at all but about collectively building Web 3.0.Ethereum is the cryptocurrency to beat when it comes to smart contracts. And, the likes of Solana, Cardano, Polkadot and others are hot on its heels. Ethereum’s native token, Ether (ETH), is the second largest cryptocurrency in the world with a market value of $560 billion.…
The hip hop megastar Marshall Mathers, better known for his stage name – Eminem, has become the latest super celebrity to purchase a Bored Ape NFT. Bored Ape #9055. Source: TwitterAs CryptoPotato reported earlier, NFTs from the Bored Ape Yacht Club (BAYC) collection have seen their floor price increase by 35% while that of other popular collections decreased in turn. Part of the reason for this might be the fact that many super celebrities such as Steph Curry have jumped on board and bought a Bored Ape for their Twitter profile pictures. Now, the latest to join the hype is no other…