Bitcoin might be in for a rough ride, according to analyst Benjamin Cowen. With the cryptocurrency currently hovering around $40,000, Cowen suggests that history might be repeating itself, signaling a potential correction phase. Cowen, addressing his 789,000 YouTube followers in a recent strategy session, points to a pattern in Bitcoin’s historical behavior. He notes that…
So, Shiba Inu (SHIB) decided to play the price rollercoaster, breaking free from a short-term support but managing to cling onto the safety of a long-term one. Now, the big question is whether this long-term support will be the hero SHIB needs to turn the tide or if it’s just a temporary safety net. Can…
In a recent move, Linekong Interactive, a Chinese game developer, is gearing up to invest a whopping $6 million in popular cryptocurrencies Bitcoin and Ethereum. Initially greenlit to acquire up to $5 million worth of these digital assets, the company decided to boost the limit to $6 million, citing the rapid surge in crypto prices….
In a groundbreaking move, Unstoppable Domains, the trailblazer in Web3 domain names and digital identities, has joined forces with The Sandbox and Tuschay Studios, renowned game studio professionals, to introduce the Unstoppable Experience – the first-ever real-time competition featuring a major Web3 brand within the metaverse. Unstoppable Experience: A Glimpse into the Future Unstoppable Experience,…
In a surprising move, Senator Saddam Azlan Salim from the United States is throwing his weight behind the cryptocurrency mining wave, calling for regulations that back the industry. Instead of slapping down laws specifically targeting these digital assets, he suggests treating them like any other manufactured goods, only penalizing them for issues common to all…
Rumors are buzzing about the potential integration of Dogecoin (DOGE) into X’s new peer-to-peer payments feature. The DOGE price, currently locked in a corrective pattern, faced rejection from its resistance trend line just yesterday. Dogecoin’s Breakout Journey and Retest Looking at the weekly chart, DOGE has been under a descending resistance trend line since October…
Hey, guess what? Flamingo Finance just spilled the beans on what’s cooking for them in 2024! Brace yourself for some cool stuff, including Orderbook+ v2, FLOCKS, and a Token Auction Offering. And no, it’s not some secret mission; they even made a video to show off the awesomeness! OrderBook+ v2: Trading Like Never Before So,…
In response to a recent report by J Capital Research, Bitcoin miner Hut 8 finds itself in the spotlight as questions are raised about its practices and its partnership with USBTC. The controversial report, released on January 18, warned investors of potential risks associated with the merger. Hut 8’s Confident Response Hut 8 quickly addressed…
Optimism (OP) emerges as a Layer 2 solution to Ethereum’s age-old scalability woes, delivering users lower fees and quicker transactions. Ethereum, in prioritizing security and decentralization over scalability, faces challenges that have led to the rise of various Layer 2 solutions, with Optimism being a noteworthy contender. Ethereum’s Gas Fee Evolution In the earlier days,…
This week’s rundown on NFT sales reveals a bit of a downturn, with a 5.05% decrease compared to the previous week. Despite the overall decline, there’s a silver lining with an 82.40% surge in buyers and a notable 77.46% uptick in sellers. Ethereum emerges as the star player, boasting $106 million in NFT sales, outshining…
