Author: hotcrypto
VeChain (VET) gets a very bullish rating from InvestorsObserver Monday. The coin is up 8.55% to $0.1020691252 while the broader crypto market is up 2.55%. VeChain has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on VeChain! Very Bullish Over the last five days, VeChain has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of VeChain 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…
Bitcoin was the most popularly traded cryptocurrency on WazirX in 2021, followed by Tether, Shiba Inu and Dogecoin. Half of the 8.5 million users that WazirX surveyed said that they got into cryptocurrency trading on the advice of friends and family. According to the Indian crypto exchange, it’s home to 10 million users and saw transaction volume of $43 billion this year WazirX added more than 200 cryptocurrency pairs to its exchange this year, but Bitcoin has maintained its lead as the most traded cryptocurrency on the platform. Among the altcoins, the most traded cryptocurrencies were Tether (USDT), Shiba Inu…
It is a batch of binary data which is utilized as a medium of trade because it is simple and straightforward. The value of a single cryptocurrency is the same as the value of a single dollar. The forage trade also makes use of it. Alt refers to an alternative, while coin refers to a currency. Altcoins are different from Bitcoin, although their underlying technology remains the same. They separate themselves from bitcoin by plugging in the shortcomings of these currencies. There are no suspicions in these activities. These are public trusts. Characteristics of altcoins : …
Cardano, known as an Ethereum-killer, has marked the launch of its first-ever ERC-20 converter. Ethereum-killers Polkadot, Solana and Cardano have witnessed a spike in interest and on-chain activity in 2021. DeFi projects continue migrating from the Ethereum network to Solana or Avalanche for cheap and faster transactions. Analysts have predicted a drop in Ethereum price, noting red flags for altcoins in the current cycle. As Ethereum heads towards ‘the merge’ or the transition from proof-of-work to proof-of-stake, experts believe Cardano, Solana and Polkadot could outperform ETH2. Cardano, Solana and Polkadot could outperform ETH2 Experts believe that Ethereum’s transition to Proof-of-Stake…
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.Facebook’s name change to Meta, and the announcement of its strategic pivot to becoming a Metaverse company, has sent shock-waves through the tech community. Metaverses are already considered to be the next technological great leap forward, and potentially far bigger than the internet revolution. They can be defined as a combination of multiple elements of technology, including virtual reality, augmented reality, and video where users “live” within a digital universe. These users will be looking for a messaging and trading solution inside the metaverses, something that…
Cryptocurrency Prices Today, 29 December 2021: Check and compare cryptocurrency prices. Get to know how much bitcoins, Ethereum, Litecoin, Ripple, Dogecoin and other cryptocurrencies rate, value, worth today, compare prices, and check market capital across all the top Indian exchanges. Cryptocurrency Prices in India: Cryptocurrency remains a volatile market, and prices change very frequently. Even if you look at just the most well-known ’coins’, like Bitcoin, Ether, Dogecoin, Litecoin and Ripple, there have been constant changes in their value. Bitcoin is the oldest and most well-known cryptocurrency token that can be purchased and in the last 24-hours, its value has…
Despite the benchmark S&P 500 more than doubling up its average annual total return in 2021, relative to the past four decades, it’s the cryptocurrency market that again stole the show. As of the time of this writing on Dec. 28, the aggregate value of all digital currencies was $2.25 trillion, according to CoinMarketCap.com. That’s up a cool 191% from the beginning of 2021. Thanks to the consistent outperformance of the “Big Two” — Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) — cryptocurrency investors are probably wealthier now than they were at this time last year. And yet, in spite of extreme…
Decentralized finance is at the core of the crypto revolution. Or so the hype says. In the year in which the world woke up to the reality of cryptocurrency as something other than a combination of techie plaything and tool of criminals, DeFi stood out. With $100 billion invested, it’s far too large for mainstream finance to ignore. DeFi is, in many ways, cryptocurrency at its purist: A financial tool that needs neither banker nor bank, neither broker nor brokerage. It is a wholly peer-to-peer way of doing what the financial institutions have been doing for centuries — providing a…
This is the tech analysis for Bitcoin (BTC). We will be looking at movements from the day prior and today’s support, resistance, pivot levels, and Fibonacci’s. Additionally, we will look at the broader market moves on the day prior and any key market drivers. Please see the end of the article for a full video tech analysis including a look at the EMAs.Bitcoin’s Day Prior MovesBitcoin, BTC to USD, rose by 1.54% on Saturday. Partially reversing a 3.10% slide from Friday, Bitcoin ended the day at $46,873.A bearish start to the day saw Bitcoin fall to an early morning intraday…
Shiba Inu (CRYPTO:SHIB) took the investing world by storm over the last couple of months as its price soared, reminiscent of Dogecoin’s astronomical gains earlier this year. Like Dogecoin, however, Shiba Inu’s surge was short-lived, and its price has dropped by more than 60% since its peak in October. If you missed out on buying Shiba Inu, there are plenty of other cryptocurrencies to choose from. While few investments can rival Shiba Inu’s returns, these options have loads of potential and are also much less risky than the meme token. Image source: Getty Images. 1. Ethereum Ethereum (CRYPTO:ETH) is one…