Author: hotcrypto
Ethereum (ETH), the second-highest valued cryptocurrency, managed to climb above the $1,600 mark after registering minor losses over the weekend. Owing to the much-awaited Ethereum Merge scheduled for later today, ETH price is expected to see some positive movement over the next few days. Bitcoin (BTC), on the other hand, failed to rise above the $20,000 mark. Other popular altcoins, including the likes of Dogecoin (DOGE), Solana (SOL), and Ripple (XRP) saw minor losses and gains across the board. Among lesser-known altcoins, the Ethereum Classic (ETC) token saw a gain of nearly 25 percent in the last 24 hours. At…
The community behind the meme-inspired cryptocurrency Shiba Inu ($SHIB) has burned over 3.7 billion $SHIB tokens over the month of August alone, at a time in which the cryptocurrency’s price is rising along with its holder count. According to Shiba Inu burn tracking platform Shibburn, last month 528 transactions destroyed a total of 3.7 billion tokens of the meme-inspired cryptocurrency, which has been using token burns as a way to dilute its circulating supply and boost scarcity. Shiba Inu’s burn portal on ShibaSwap, a decentralized exchange powering meme-inspired cryptocurrencies, has already seen users burn a total of 63 billion SHIB…
Blockchain technology is constantly offering innovative solutions for longstanding problems. New decentralized finance (DeFi) platforms and decentralized applications (dApps) feature unique approaches that greatly appeal to users. Klangaverse (KLG) is a new cryptocurrency ecosystem that features better solutions for the music industry. This article will also discuss two other tokens, Filecoin (FIL) and Vechain (VET), that have also come up with interesting updates. These three coins can be added to yield a balanced portfolio for July. Klangaverse (KLG): A Fully Decentralized Music Distribution System Musical artists spend years learning to hone their skills. Singers, songwriters, music directors, etc. work tirelessly…
Cryptocurrency Prices Today September 6: Bitcoin, Ethereum, and Tether edge down Moneycontrol This news is republished from another source. You can check the original article here
SafeMoon receives a weak short-term technical score of 1 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. SAFEMOON holds a better recent technical analysis than 1% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets. InvestorsObserver is giving SafeMoon a 1 Short-Term Technical Rank. Find out what this means to you and get the rest…
Dogecoin price analysis is bullish today as we expect the current retest of the downside to have ended. Bullish momentum will likely continue overnight, leading DOGE/USD to break past the $0.064 resistance. Cryptocurrency heat map. Source: Coin360The market has traded with mixed results over the last 24 hours. The leader, Bitcoin, lost 0.1 percent, while Ethereum gained 1.69 percent. Meanwhile, Dogecoin is slightly in the red with almost a 1.8 percent loss. Dogecoin price movement in the last 24 hours: Dogecoin retests previous low DOGE/USD traded in a range of $0.0613 to $0.06364, indicating substantial volatility over the last 24…
The Ethereum (ETH) and Binance Smart Chain are two crypto blockchains that have made a name for themselves in the crypto space. Ethereum (ETH) is known for its smart contract compatibility and ability to host DeFi projects successfully. This feature earned it the name “King of DeFi.”The Binance Smart Chain network is known for its rapid growth and acceptance within the crypto space. At its inception, the Binance ecosystem was hosted on the Ethereum blockchain. However, after its rapid growth, it developed its own blockchain and moved all its operations, including its native token, over to its native blockchain.This article…
Major coins rose Monday evening as the global cryptocurrency market cap rose 0.3% to $988.35 billion at press time.Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin BTC/USD 0.5% -1% $20,015.73 Ethereum ETH/USD 4.4% 6.6% $1,643 Dogecoin DOGE/USD 2% 1.2% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price TerraClassicUSD (USTC) +25.8% $0.04 Ethereum Classic (ETC) +26.45% $40.92 Ravencoin (RVN) +12.8% $0.04 See Also: Best USDC Interest RatesWhy It Matters: Ethereum led gains among major coins at press time, while Bitcoin showed modest gains and was above $20,000. Stock futures were in the green at…
When people see the word “stargate”, the first association that springs to their mind is a device that transports people all across the galaxy. Stargate Finance is also a transportation device that moves crypto assets between various blockchain networks. Launched in early 2022, the Stargate Finance project came out strong right out of the gate. By April, its total value locked (TVL) surpassed $4 billion. It seemed that a new start in the crypto sky was born. Then the crypto crash happened and STG took a steep dive, leaving the spotlight to tokens like Tamadoge. An exciting new Play-to-Earn (P2E)…
Chainlink’s 7-day performance was commendable as it considerably outperformed most of the cryptos with higher market capitalization. The token registered more than 13% weekly gains with no red on its chart. At press time, LINK was trading at $7.18 with a market cap of $3,529,540,526. While LINK continued to grow on its chart, several developments happened in its community. Whales’ interest in LINK has been growing of late. This might have fueled the consistent surge in price. Development activity pumped During the last week, Chainlink’s development skyrocketed as there were 11 integrations of three Chainlink services across five different chains,…