Category: Crypto
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Lido DAO prediction results in 19.99% gains within 72 hours
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The latest Lido DAO (LDO) price analysis has proven to be very accurate. On Friday, June 21, the recommendation was to sell LDO at the $2.30 resistance level, with an expected drop to the $2.00 support level. As expected, the price reached a low of $1,991, confirming the validity of…
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Here’s the First Critical Support if Bitcoin Drops Below $60K
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The price of Bitcoin has fallen rapidly over the past few days after failing to stay above the $70,000 level. The market is currently approaching the fundamental level. Bitcoin Price Analysis: Technical Analysis by TradingRage Daily chart As the daily time frame shows, Bitcoin price has been trending lower since…
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Here’s the First Critical Support if Bitcoin Drops Below $60K
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The price of Bitcoin has fallen rapidly over the past few days after failing to stay above the $70,000 level. The market is currently approaching the fundamental level. Bitcoin Price Analysis: Technical Analysis by TradingRage Daily chart As the daily time frame shows, Bitcoin price has been trending lower since…
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EigenLayer Bolsters Security Amid Looming Threat, Here’s What to Know
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Special layerEiganDA, a popular decentralized infrastructure provider, has announced a significant improvement in the security of its EiganDA platform. The primary goal of this update is to strengthen defenses against Sybil and Distributed Denial of Service (DDoS) attacks by putting whitelisting security mechanisms in place. EigenLayer’s EigenDA platform is undergoing…
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EigenLayer Bolsters Security Amid Looming Threat, Here’s What to Know
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Special layerEiganDA, a popular decentralized infrastructure provider, has announced a significant improvement in the security of its EiganDA platform. The primary goal of this update is to strengthen defenses against Sybil and Distributed Denial of Service (DDoS) attacks by putting whitelisting security mechanisms in place. EigenLayer’s EigenDA platform is undergoing…
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Will Ethereum Skyrocket? Analyst Predicts $6,000 By September
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Popular cryptocurrency analyst Degentrading (@degentradingLSD) made a bold prediction that the price of Ethereum will reach $6,000 by September 2024. This prediction comes in response to an analysis by Mechanism Capital founder Andrew Kang, who expects Ethereum to perform poorly despite the imminent launch of the Ethereum price. Immediately in…
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A Strategic Shift Amidst Japan’s Economic Turbulence
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Meta Planet, a public operator listed in Tokyo, has taken a bold step in the face of Japan’s economic woes by significantly increasing its Bitcoin reserves. This Bitcoin reserve strategy aims to hedge against the falling value of the yen and rising levels of government debt. Metaplanet’s first Bitcoin strategy…
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A Strategic Shift Amidst Japan’s Economic Turbulence
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Meta Planet, a public operator listed in Tokyo, has taken a bold step in the face of Japan’s economic woes by significantly increasing its Bitcoin reserves. This Bitcoin reserve strategy aims to hedge against the falling value of the yen and rising levels of government debt. Metaplanet’s first Bitcoin strategy…
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Nigeria gives VASPs 30-day ultimatum to comply with new rules
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Nigerian regulators are mandating that Virtual Asset Service Providers (VASPs) update their applications within 30 days to comply with new rules on digital asset issuance, platform offering, exchange and custody. Nigeria updates crypto regulations The Nigerian Securities and Exchange Commission (SEC) has announced plans to formally update regulations for important…
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Nigeria gives VASPs 30-day ultimatum to comply with new rules
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Nigerian regulators are mandating that Virtual Asset Service Providers (VASPs) update their applications within 30 days to comply with new rules on digital asset issuance, platform offering, exchange and custody. Nigeria updates crypto regulations The Nigerian Securities and Exchange Commission (SEC) has announced plans to formally update regulations for important…
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Bitcoin (BTC) Price Dumps Toward $62K, Liquidating Over 60,000 Traders
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Monday started off on the wrong foot for Bitcoin and the entire cryptocurrency market, as the underlying digital asset fell from over $64,000 to a new multi-week low of under $62,500. Although liquidations on a daily scale are still relatively low at just over $130 million, the total amount of…
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Support Turns Resistance: Bitcoin Retests $64,515 After Break – Will It Hold?
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Bitcoin price dynamics took a major turn as the $64,515 support level, which was previously a crucial basis, turned into massive resistance after being breached. This pivotal change underscores the shift in market sentiment, with traders now watching closely to see if Bitcoin can regain this level. Facing more downward…
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Support Turns Resistance: Bitcoin Retests $64,515 After Break – Will It Hold?
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Bitcoin price dynamics took a major turn as the $64,515 support level, which was previously a crucial basis, turned into massive resistance after being breached. This pivotal change underscores the shift in market sentiment, with traders now watching closely to see if Bitcoin can regain this level. Facing more downward…
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Ethereum Price Trims Gains as Bitcoin Slump Drags Crypto Market
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Ethereum price struggled to rise above the $3,550 resistance level and pared gains. ETH gained bearish momentum alongside Bitcoin and tested the $3,385 area. Ethereum trims gains from $3,550 resistance area. The price is trading below the $3,500 level and the 100 hourly simple moving average. There is a major…
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Ethereum Price Trims Gains as Bitcoin Slump Drags Crypto Market
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Ethereum price struggled to rise above the $3,550 resistance level and pared gains. ETH gained bearish momentum alongside Bitcoin and tested the $3,385 area. Ethereum trims gains from $3,550 resistance area. The price is trading below the $3,500 level and the 100 hourly simple moving average. There is a major…
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Lido DAO price gains amid market-wide dips
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read DAO(I am doing) recorded a significant price increase this week, outperforming both Bitcoin (BTC) and Ethereum (ETH). However, technical analysis of the symbol shows rising downward pressure. LDO price is up 11.6% in the past 14 days. If the Lido DAO price chart on Trading View is any indication,…
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Lido DAO price gains amid market-wide dips
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read DAO(I am doing) recorded a significant price increase this week, outperforming both Bitcoin (BTC) and Ethereum (ETH). However, technical analysis of the symbol shows rising downward pressure. LDO price is up 11.6% in the past 14 days. If the Lido DAO price chart on Trading View is any indication,…
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Stock Markets Tapping New Highs Last Week but BTC and ETH Suffer
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The cryptocurrency industry is often described as a high-risk asset class that tends to perform poorly during times of economic uncertainty. Although the stock market also falls into this category, at least to some extent, it has been on a wild run the past few weeks, with multiple new all-time…
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Bitcoin Price Falls Below Short-Term Holders’ Realized Price Of $66,200
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Refers to the latest data on the series Bitcoin’s current problems It may not be over yet as short-term holders are still feeling the heat. Bitcoin failed to rebound significantly after last week’s price decline, leaving many investors wondering whether to expect further declines in the coming weeks. Notably, the…
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Bitcoin Price Falls Below Short-Term Holders’ Realized Price Of $66,200
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Refers to the latest data on the series Bitcoin’s current problems It may not be over yet as short-term holders are still feeling the heat. Bitcoin failed to rebound significantly after last week’s price decline, leaving many investors wondering whether to expect further declines in the coming weeks. Notably, the…