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Showing posts with the label altcoin news

Bitcoin and Ethereum Relatively Muted, APE and BTT Rally

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  Bitcoin price is holding the key USD 20,000 support. Ethereum is facing resistance near USD 1,250, XRP is consolidating near USD 0.35. APE and BTT are the two best performers today. After declining below the USD 21,000 level, BTC stayed above the USD 20,500 support zone and managed to surpass USD 21,000 again. It is currently (11:47 UTC) trading in a range near USD 21,000 and is down almost 2% in a day and up 2% in a week. Similarly, most major altcoins are stuck above key supports. ETH is back above USD 1,200 but faces hurdles near USD 1,250. XRP is now trading just below the USD 0.35 pivot level. ADA is still at a risk of more losses unless it reclaims USD 0.50. Total market capitalization Source: tradingview.com Bitcoin price After another downside correction, bitcoin price traded below the USD 20,800 level. BTC even tested the USD 20,500 zone, where the bulls took a stand. On the upside, the price is facing resistance near the USD 21,200 zone. The next ma...

As Dogecoin Price Explodes, These 3 New Altcoins Might 10x

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Dogecoin (DOGE), the cryptocurrency that powers the decentralized dog meme inspired payments blockchain protocol Dogecoin, has fallen by a little over 3.5% this Monday in tandem with a broader pullback in cryptocurrency markets and traditional risk assets like stocks. DOGE/USD last trading in the mid-$0.08s per token. That means the world’s most popular meme coin is now down about 8% from the six-week highs it posted above $0.09 this weekend. But the DOGE bulls remain confident. The cryptocurrency is still trading higher by about 23% this month and short-term technicals (a rising wedge pattern) point to the likelihood of a continued crawl higher in the coming sessions. That’s assuming that this week’s barrage of macro risk events, which include highly important Fed, ECB and BoE meetings plus US jobs and ISM survey data, don’t trigger any bearish ructions. If Dogecoin was able to push to the north of its recent highs around $0.09, this would op...

Bit2Me Launch 9% Cash-back Debit Card Through Mastercard Network

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Bit2Me is revolutionizing the financial world by bridging the gap between traditional finance and cryptocurrencies. The Madrid-based company has made a significant impact in the industry, being recognized as Spain's biggest crypto exchange and the first company approved by the Bank of Spain as a virtual currency service provider in 2022.  To meet the demands of a more mainstream demographic of digital asset users, Bit2Me has recently launched a new product - the Bit2Me debit card. The debit card allows users to instantly switch between cryptocurrencies, including B2M , BTC , ETH , ADA , XRP , SOL , DOT , and USDT , to pay for goods and services. Bit2Me's innovative software combined with Mastercard's 90 million-strong global network equal a seamless integration, allowing for online transactions, contactless pa...

swappin.gifts x Coin98 collab opens a New World of IRL shopping experience

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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Vaduz, Liechtenstein, 8th February, 2023, Chainwire swappin.gifts integration launched in Coin98 Super App to provide the most elegant off-ramp solution for Web3 retail consumers globally.  Coin98 Super App and swappin.gifts have launched their latest plug-in integration and collaboration: the swappin.gifts DApp is now available straight from the Coin98’s DApp Browser under the Utilities section. Coin98 Super App, a non-custodial, multi-chain wallet and DeFi gateway, is currently one of the most popular digital wallets trusted by over 6 million of users globally. swappin.gifts is a blockchain-based Web3 platform that offers compatibility with a vast range of digital currencies and tokens, allowing users to buy gift cards for global brands and e-commerce stores. The platform features an extensive selection of gift ...

Bitcoin Price Prediction as BTC Jumps Up 10% in 7 Days – New Bull Market Starting?

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Bitcoin has surged 10% in the past seven days, which has spurred speculation that a new bull market is beginning. While predicting the price of Bitcoin can be difficult, there are several factors to consider regarding its future prospects.  With increased adoption around the world and a commitment to innovation, Bitcoin could be on track for another bull run in the near future. Bitcoin Fear & Greed Index Enters the 'Greed' Zone After 10 Months: Here's What You Need To Know After over 2 months of hovering in the “fear” zone, the Bitcoin Fear and Greed index has now shifted to the “greed” zone once again. This indicates that investors are feeling more optimistic about the cryptocurrency market. Fear and Greed index - Source: alternative.me Bitcoin has had an impressive run this year, with its price up nearly 40%. This is a great improvement on last year's two-year low of under $16,000 and indicates a positive outlook on the original cry...

Calvaria Play-to-Earn Crypto Game Expected to Revolutionize the Gaming Industry After Raising $3 Million – How to Buy Early?

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Calvaria is now approaching the $3 million mark for its RIA token presale. Only 5% of the tokens are available for purchase, with the IEO set to take place on January 31, 2023. Trade Batte Cards and Win Rewards Calvaria: Duels of Eternity is a new digital trading card game that is gaining popularity in the GameFi space. The game takes players into a metaverse world where they can select non-fungible token (NFT) trading cards representing different characters.  The game's objective is for players to stack their decks and use skill and knowledge to defeat opponents in battles. Calvaria also organizes tournaments where players can vie for top prizes.  Calvaria, unlike other games of its kind, is expected to include a variety of game modes that can accommodate players with different goals and preferences. There are on...

Today in Crypto: National Australia Bank to Create a Stablecoin, Customers Sue Compass Mining, NYX Professional Makeup Announces a DAO

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Source: AdobeStock / l_martinez Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Stablecoin news The National Australia Bank has become the second of the major banks to create a stablecoin, called the AUDN, the Australian Financial Review reported, citing Howard Silby, NAB’s chief innovation officer. This will allow its business customers to settle transactions on the blockchain in real-time using Australian dollars, it said. AUDN will launch on the Ethereum and Algorand blockchains later this year. Legal news Customers are suing US-based Bitcoin (BTC) and crypto mining company  Compass Mining  for over $2 million, alleging fraud, after the company cut ties with Russian crypto mining firm BitRiver . The company, they allege, failed to return customers’ Bitcoin machines. According to a court document filed on Ja...

Why Casper's Price is 15% Higher Today at $0.039 - Time to Buy?

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CSPR's price has exploded in recent days and is currently up 8% in the past 24 hours to trade at $0.03924. What's driving this upward trend and will Casper's price continue to rise – or is this just a temporary surge? The positive sentiment in the overall cryptocurrency market, along with bets on the Fed easing rate hikes in early 2023, are cited as potential factors driving the rally. Additionally, recent milestones reached by the Casper Network, such as over 100,000 individual CSPR holders and 100 network validators, could also be contributing to the upward trend. Casper Network is also currently facilitating the Blockchain Hub conference at Davos with Binance, with Medha Parlikar, CTO and Co-Founder of Casper Labs, appearing alongside Binance CEO Changpeng Zhao. This high profile event is expected to raise the visibility of Casper, which could also be contributing to the price spike.  Finally, the Casper Network also has plans to expand its partnershi...

Shiba Inu Price is Up 12% in 7 Days - Should You Buy This Meme Coin Today?

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Shiba Inu price is on the verge of another bullish breakout as investors engage in song and dance following a New Year relief rally. SHIB currently boasts 6.6% in 24-hour gains, 16.1% in weekly cumulative gains and a 19% increase in two weeks. Live price data reveals an 18% spike in daily trading volume to $364 million, meaning investors are focused on accumulating SHIB tokens ahead of another significant rally. Over the last couple of weeks, Shiba Inu has moved a few steps to become the 15th largest crypto asset, with a market cap of $5.3 billion. Assessing Shiba Inu Price's Potential to Stay Profitable in The Coming Days Shiba Inu price is trading at $0.0000971 while bulls face off sellers at $0.00001. A break above this hurdle could blast SHIB to $0.000012 over the weekend and set the pace for gains to $0.000013 and $0.000014, respectively. Over the last couple of weeks, investors have shifted attention to altcoins, focusing more on meme coins like Dogecoin a...

Gala Price Keeps Pumping Higher After Wahlberg and the Rock Deal - Can it Reach $1?

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Gala Games (GALA) recently made headlines as GALA's price surged by almost 60% in one day after an announcement that they'll be partnering with actors Dwayne ‘The Rock' Johnson and Mark Wahlberg in producing films for their ecosystem. The partnership also includes Gala Music and Gala Films as part of the Gala ecosystem. Gala Games also discussed potential future uses for the blockchain in the film industry, such as putting QR codes on movie tickets and for digital item redemption via platforms such as Netflix. Gala has seen a 124% increase over the past four days and is currently trading at $0.04157, with an additional 2.64% increase on the day at the time of writing. Can the cryptocurrency move further to the upside all the way to $1? Just how high can the GALA's price go from here? Gala Price Prediction and Technical Analysis Exponential Moving Average (EMA) and GALA's Price After the GALA consolidated above the 50-day EMA for a couple of day...

Crypto Whale Invests $18k in Move-to-Earn Coin Fight Out – Here's What's Attracting the Big Money

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The Move-to-Earn (M2E) movement has proved that it is not just a hype but a worthy course aiming to change how people live. Ecosystems like STEPN, Sweat Coin and Step App are gradually becoming competitive by incorporating new tech solutions in Web3. Still, fitness enthusiasts do not feel quite at home, mainly because of the high costs associated with personal trainers and fitness boutiques. On the bright side, FightOut (FGHT), the newest kid on the block, is here to change the narrative. The team behind the new M2E ecosystem is removing all barriers to entry to provide an opportunity for everyone to benefit from living a healthy lifestyle. At FightOut, a healthy lifestyle means more than just weights and machines. Every workout is personalized according to the user's needs, goals, and abilities. Bringing down the current prohibitive costs associated with the fitness industry is FightOut's biggest goal. In reality, community members would be rewarded for the...

Terra Luna Classic Price Prediction – LUNC May See 10x Gains in 2023, Here’s Why

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Source: TradingView The Terra Luna Classic price has fallen by 1.5% in the past 24 hours, dropping to $0.00015486 amid a slight dip for the cryptocurrency market as a whole. Despite this blip, it has now risen by 5% in a week and by 20% in a fortnight, although it is down by 11% in the last 30 days. LUNC's mixed price action in recent weeks has taken place in the context of negative market sentiment and internecine conflict as to how best support Terra Luna Classic's ecosystem. However, with token burns ongoing and likely to increase in the near future, it looks set to have a good 2023. Terra Luna Classic Price Prediction – LUNC May See 10x Gains in 2023, Here’s Why LUNC's chart remains in a weak position, with the coin equally capable of falling or rising from a technical perspective. Its relative strength index (purple) is hovering around 40, suggesting selling pressure that could continue a while longer before it bottoms out. Source: TradingView Simil...