Author: hotcrypto
Bitcoin (BTC) price has had turbulent times against tether (USDT) as more pain increases for bulls. Despite showing so much strength, the price of Bitcoin (BTC) bounced off from $19,000 in the past weeks to a region of $25,000 as many hoped for more relief to rally to a region of $30,000. The price of BTC faced rejection and has continued to fall with no sign of bears giving up. (Data from Binance) Bitcoin (BTC) Price Analysis On The Weekly Chart Weekly BTC Price Chart | Source: BTCUSDT On Tradingview.comBTC saw a decline in its price from $69,000 to around…
Blockchain technology is terrific. We all know it well, especially those who have delved deeper into it. Transactions on the blockchain are incredibly secure, almost unbreakable, which we can not claim about traditional payment methods. But it’s not without its problems that need to be solved. One of the biggest issues is the irreversibility of transactions. If you’ve ever made a crypto transaction, you know how crucial it is to enter the correct info. If you don’t, the funds could go elsewhere and likely be lost forever. As this could be problematic for larger transactions, we wanted to cover why that’s the…
BlockSec Report 2022: 54.5K NFT Contracts Have Privilege Functions BlockSec and NFTGo 2022 report revealed 54.5k NFT contracts allow privilege functions.61.8% of NFT projects are over-centralised & 50% are capitalized by one user.Wash trading transaction volume reached 9.8 million ETH or $15.2 billion.BlockSec and NFTGo have published their 2022 NFT security report. which revealed the prominent security risks of the NFT ecosystem. The report focuses on off-chain NFT security risks that determine the safety of digital assets stored off the blockchain, as well as, the on-chain NFT security risks which mean the risks driven by smart contracts and transactions happening…
Sports and entertainment-focused Chiliz (CHZ) token emerged as the biggest gainer for the week ended Sept. 19. Gains in CHZ came at a time when large coins such as Bitcoin BTC/USD, Ethereum ETH/USD, and Dogecoin DOGE/USD plunged significantly in value.Top Gainers of Week Ending Sept. 12, 2022 (Data via CoinMarketCap) Cryptocurrency 7-Day % Change (+/-) All-Time High Value/Date Reached % Change (+/-) Since All-Time High Chiliz (CHZ) +12.6% $0.89 On Mar 13, 2021 -74.45% Dai (DAI) +0.1% $3.67 On Nov 16, 2021 -72.8% TrueUSD (TUSD) +0.05% $1.36 On May 16, 2018 -26.7% See Also: Best Crypto Debit CardsWhy Chiliz Rose? Alexandre…
As crypto enthusiasts, we love our DAOs. That is decentralized autonomous organizations. Although they are frequently created to make the developers rich, once they launch, there’s no company behind them. Instead, the community entirely runs them — holders of the native token. Two of these DAOs that killed it early on are Aave (AAVE) and BitDAO (BIT). However, as much as these and similar projects were hyped, they are now badly lagging behind Ethereum (ETH), the mother of more than half of all DeFi platforms. What’s the problem here? The problem is simple. The crypto market has collapsed, and any…
ChainLink price analysis for September 19, 2022, reveals the market following a complete bearish movement, obtaining massive negative momentum, signifying a decline for the LINK market. The price of ChainLink has remained negative over the past few hours. Today, the price crashed and went from $7.8 to $7.04. However, the market started to increase in value soon after and regained most of its value. Moreover, ChainLink has increased and reached $7.06. The current price of ChainLink is $7.06, with a trading volume of $568,315,871. Chainlink has been down 11.31% in the last 24 hours. ChainLink currently ranks at #23 with a…
Ethereum Merge behind us, a phase of Bitcoin dominance has commenced and altcoins have suffered a decline in the past week. The current market cycle is marked by long accumulation and long consolidation phases, analysts consider this worse than a bear market. Ethereum price is on a steep decline, analysts have set a downside target of $1,277 for the altcoin in the ongoing bloodbath. Successful completion of the Merge has paved the way for Ethereum’s 18% dominance. Interestingly, Ethereum, XRP and Cardano, among other altcoins, are showing signs of weakness in their price trends. Analysts believe it is the end…
JuSunThe article below looks at where the infamous Mt. Gox bankruptcy stands as well as the renewed rumors that its Rehabilitation Plan could negatively impact Bitcoin (BTC-USD) and Bitcoin Cash (BCH-USD) prices. In addition to the past strength of a simple HODL strategy, the Mt. Gox discussion also highlights two takeaways for digital asset investments more broadly: The high relative value of a blockchain’s majority chosen fork Sound custody arrangements include cold storage and proof of reserves audits But before moving to Mt. Gox, it is useful to keep in mind that macroeconomic factors currently overshadow any fundamental analysis. Tuesday’s…
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject What does the thought of holding an exchange token mean for you? I mean, exchange tokens aren’t necessarily known for ROIs or profits or anything, right? Does the thought excite you? Most would say – No. Does this mean BNB is not worth looking at, however? Well, it may be time to reconsider that. Consider this – In January 2021, the price of Binance Coin (BNB) was $40. However, 2021 also saw a…
Ethereum Classic price has lost support from the 8-day exponential and 21-day simple moving averages. ETC price shows an uptick in volume amidst the decline. Invalidation of the bearish thesis is a breach above the swing high at $42.50. Ethereum Classic price could be setting up for a sharp decline targeting $22.50. Key levels have been identified. Ethereum Classic price points south Ethereum Classic price could be on its way toward a 25% decline. At the current time, the bears have breached both the 8-day exponential and 21-day simple moving averages. Amidst the breach, a significant uptick in volume entered the…