Category: Crucial
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Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst
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Bitcoin price has been on a steady decline over the past week following several economic and market developments. According to data from CoinMarketCap, the leading cryptocurrency is currently hovering around the $60,000 price zone, having lost over 11.17% of its market value in the past seven days. While many crypto…
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ADA Investors Beware: Cardano Ambassador Issues Crucial Warning
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Cardano Ambassador Issues Critical Warning to ADA Investors About Alarming rise in fraud Targeting the Cardano community. This warning message comes as anticipation for upcoming events grows Chang’s Solid Fork Approach. Cardano Ambassador Raises Awareness of Fraud In X Talk (formerly Twitter) mail On July 13, Cardano community member and…
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Fetch.ai (FET) Price Plunges To 5-Month Low Ahead Of Crucial ASI Merger
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The cryptocurrency market has been in a relatively quiet period for a long time, leading many investors to speculate that a rally could be imminent. However, the performance of altcoins, including Fitch.iFetch.ai’s FET token has performed less than stellar, with prices remaining near record lows, raising concerns about the overall…
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Cardano Completes Crucial Vote For Constitutional Committee
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The Cardano community has successfully completed the voting process for the first members of the Interim Constitutional Committee (ICC). This committee is tasked with supporting the interim constitution and overseeing initial governance decisions on the Cardano blockchain. Cardano Concludes Decisive Voting 21 candidates, representing a broad spectrum of society, applied…
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Cardano Completes Crucial Vote For Constitutional Committee
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The Cardano community has successfully completed the voting process for the first members of the Interim Constitutional Committee (ICC). This committee is tasked with supporting the interim constitution and overseeing initial governance decisions on the Cardano blockchain. Cardano Concludes Decisive Voting 21 candidates, representing a broad spectrum of society, applied…
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Crypto super PAC gets crucial wins in US primaries, plans significant spending for general election
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Fairshake PAC plans to spend more than $100 million in the general election to support pro-crypto lawmakers. Super PACs funded by major crypto companies scored big victories in recent congressional primaries. The Fairshake political action committee, created to support pro-crypto industry candidates, plans to spend… More than $100 million In…
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Crypto super PAC gets crucial wins in US primaries, plans significant spending for general election
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Fairshake PAC plans to spend more than $100 million in the general election to support pro-crypto lawmakers. Super PACs funded by major crypto companies scored big victories in recent congressional primaries. The Fairshake political action committee, created to support pro-crypto industry candidates, plans to spend… More than $100 million In…
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Cardano Founder Gives Crucial Update On The Chang Fork
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In an important development in the Cardano blockchain ecosystem, the voting process for the Interim Constitutional Committee (ICC) began on June 13, marking a pivotal step towards restructuring the governance model under the upcoming hard fork of Chang. Voting, which allows ADA holders to choose three new members of the…
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Cardano Founder Gives Crucial Update On The Chang Fork
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In an important development in the Cardano blockchain ecosystem, the voting process for the Interim Constitutional Committee (ICC) began on June 13, marking a pivotal step towards restructuring the governance model under the upcoming hard fork of Chang. Voting, which allows ADA holders to choose three new members of the…
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Shiba Inu’s Decentralized Exchange Adds Crucial User Tool
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DEXTools, a leading analytics platform for decentralized finance (DeFi), announced the integration of ShibaSwap, the decentralized exchange (DEX) for the Shiba Inu (SHIB) cryptocurrency. This strategic collaboration, unveiled on Wednesday, represents a significant step forward for ShibaSwap by providing its users with advanced analytics and real-time trading data. DEXTools stands…
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Shiba Inu’s Decentralized Exchange Adds Crucial User Tool
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DEXTools, a leading analytics platform for decentralized finance (DeFi), announced the integration of ShibaSwap, the decentralized exchange (DEX) for the Shiba Inu (SHIB) cryptocurrency. This strategic collaboration, unveiled on Wednesday, represents a significant step forward for ShibaSwap by providing its users with advanced analytics and real-time trading data. DEXTools stands…
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US ISM PMI data due Monday, the range of estimates (& why they’re crucial to know)
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The S&P Purchasing Managers’ Index (PMI) is the warm-up, scheduled for release at 9.45am EST. The ISM Manufacturing PMI is in greater focus, due to be released at 10am. By looking at the forecast range compared to the consensus average (“expected” in the screenshot above) for the ISM data point,…
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Bitcoin Retreats After Failing To Break Crucial $72,983 Resistance
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After failing to break the $72,983 resistance level, Bitcoin price continued to decline. Although Bitcoin price is still trading above the one-day simple moving average (SMA), this rejection has seen the cryptocurrency asset fall from $71,942 to $66,785 and move below the simple moving average (SMA) on the chart. 1-hour…
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Ethereum Bulls On The Rise? Crucial Indicator Point To A Major Upturn
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Ethereum (ETH), the second-largest cryptocurrency by market cap, has recently shown signs that a potential recovery is on the horizon. Analysts were closely monitoring various technical indicators, and one of those analysts, Ali, did just that Highlight A major signal indicating an imminent price rise. Related reading Chain TD Signals…
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US CPI due Wednesday. Here are the ranges of estimates (& why they’re crucial to know).
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US consumer inflation data is scheduled to be released at 1230 GMT, which is 0830 EST. Previous previews: *** Well, what do you expect? This snapshot is from the ForexLive economic data calendar, Access it here. Take a look at the forecast range compared to the consensus average (“expected” in…
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US PPI due on Tuesday – Here are the ranges of estimates (& why they’re crucial to know).
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Ahead of the long-awaited CPI data on Wednesday, inflation data will be released at the “wholesale” level, the Producer Price Index. Scheduled at 0830 EST, 1230 GMT: Yes, if you have a keen eye, you’ll see Powell speaking a little later. Return of the producer price index. For the year-on-year…
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Injective (INJ) Price In Danger If It Falls To Crucial Support Level: Analyst
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INJ, the native token of the Injective Network, started the month of May with a volatile price action marked by a series of significant losses and gains. As INJ attempts to establish a stable price path, popular Market X Crypto analyst Tony has highlighted a pivotal support area for the…
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Analyst Identifies Crucial Dogecoin Support At $0.112-$0.123, Will Price Crash Further?
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Dogecoin suffered a major collapse in the carnage that rocked the cryptocurrency market earlier this week, resulting in double-digit losses in the process. This brought down its support, and $0.112-$0.123 is now the level to hold for the meme coin. But what if it falls below this support? Dogecoin should…