Ethereum merge: the ETH 2.0 road to centralization? Ethereum is all set to go for a transition to Proof of Stake. Ethereum merge will impact the system, giving rise to new stakeholders, ‘builders.’ These builders will change the power structure as they come to the fore. Ethereum management said they are monitoring the situation and will take the required actions...
SOL price continues to uptrend at $44 as bullish momentum overwhelms the market Today’s Solana price analysis reveals the cryptocurrency price is moving in a bullish manner as an upward trend has been following, and the price has undergone a notable improvement in the last 24 hours. The bullish upswing has resulted in an impressive enhancement in the price as its...
Bitcoin price analysis: BTC sees swift retrace below $21,000, a retest of upside next? Bitcoin price analysis is bullish today. BTC/USD broke past $21,000. Selling pressure is currently weak. Bitcoin price analysis is bullish today as we expect another retest of upside after a strong drop over the last 24 hours set another clear lower local low. Therefore, we...
DOT/USD consolidates near $6.71 amid bearish winds Polkadot price analysis reveals that the DOT/USD pair is consolidating around $6.71 today after a slight pullback from yesterday’s high at $7.19. The bulls had earlier pushed the price up to this level following a period of sideways trading between $5.50 and $6.71. The Resistance for DOT/USD is set at $7.19 while...
Uniswap price analysis remains bearish today, following from yesterday’s massive 16 percent decline that took price down to $5.25 support. UNI declined more than 2 percent over the past 24 hours to as low as $5.36 with trading volume rising above 55 percent. Uniswap price took a sudden correction on July 10, 2022, after facing rejection at the $6.38 resistance...
Bitcoin price analysis just got more confusing as June 2022 comes to a close. The entire crypto market is looking at the damage caused to the major coins in the past month. The price of Bitcoin has seen extreme movement ranging from $32,000 to a low of $17,500. The traders, both bears and bulls, found many opportunities to trade but the long-term investor has lost...
Bitcoin price analysis is bearish today as we have seen a failure to continue higher after a short push above the $21,500 previous major resistance. Since BTC/USD has already moved lower and set a lower local high, we expect another drop to follow. The next target should be the $20,000 previous support. The market has traded in the red over the last 24 hours....
Canadian regulatory body, Ontario Securities Commission (OSC), has announced financial sanctions against two crypto exchanges. According to the details of the statement, the regulator leveled these sanctions against Bybit and KuCoin. In its statement, the regulatory body mentioned that both entities were guilty of running an unregistered crypto entity while...
Solana network has had at least five complete or partial outages or service disruptions The $100 million funds are intended to support gaming and DeFi startups Solana’s study has been released by a firm that provides Process Quality Reviews (PQRs) for crypto and decentralized finance (DeFi) platforms, which was highly critical. “Due to repeated downtime, Solana...
The ChainLink price analysis shows that LINK has initiated a swift recovery with the bulls climbing past the $7.90 mark and attempting to break past the $8.00 mark. The broader cryptocurrency market observes a bullish market sentiment over the last 24-hours as most major cryptocurrencies record negative price movements. Major players include BTC and ETH...
Al Jalila NGO will allow crypto donations after receiving support in UAE. Recently the Al Jalila Foundation, dedicated to medical support, received approval to accept cryptocurrencies as a donation. The NGO is part of the recently created Mohammed Bin Rashid project. This would be the first NGO in Dubai to accept crypto donations promoted by various companies...
The Mining Break Through: Unlocking Nvidia’s LHR – NiceHash CEO Martin Škorjanc Nvidia, the worlds largest provider of GPU (desktop graphics cards – used for crypto mining) launched its LHR (Lite Hash Rate) technology in May 2021. Designed to combat the issue of shortages of GPUs for gamers due to the increase in crypto mining throughout 2021, Nvidia’s LHR...
Bitcoin price analysis is bullish today. BTC/USD saw a strong spike to $28,000 earlier. Reaction higher followed over the last hours. Bitcoin price analysis is bullish today as we have seen a strong spike to $28,000 support and a quick reaction back into the previous consolidation area. Therefore, we expect more upside later today, potentially to retest the...
Strong resistance at $0.00001856. The trading price of SHIB is $0.00001158. Shiba Inu price analysis is bearish today Today’s Shiba Inu price analysis displays a bearish movement in the market, and the market moves towards a negative direction, declining the price of SHIB significantly. After that, however, the cost of SHIB experienced a crash and decreased to...
The United States Federal Reserve Board (Fed) includes crypto data in its new Economic Well-Being of American Households report. 46% of crypto holders make more than $100,000 each year, while 29% make less than $50,000. The Fed report indicates that financial well-being is at its highest despite inflation headlines. Despite a few snags, the digital asset industry...
NEO price is bullish today. Strongest support is present at $9.76. Strongest resistance is present at $19.40. NEO price analysis has revealed the cryptocurrency market to maintain bullish momentum with strong conservation possibilities as the price moves steadily upwards. For example, the NEO/USD price recently spiked to a huge incline on May 22, 2022, and The...
TAG Heuer announces crypto payment option The watchmaking company wants an exciting Web3 experience Crypto payment has a spending cap of $10,000 per transaction TAG Heuer has announced that it has enabled a crypto payment option for customers who prefer to pay for goods on its platform. The company is a powerhouse that creates, designs, and sells wristwatches and...
Tezos price analysis shows that the XTZ/USD pair is trading in a bullish trend as the market price has surged by over 5% in the last 24-hours. The market price is currently facing resistance at $1.79 however, if it breaks above this level, it could surge to $2. The next level of support is present at $1.68.The Tezos price is currently trading at $1.78.