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Will Algorand’s breakout of this demand zone propel it past $1

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The past 24 hours saw a transaction volume amounting to $140 million on the Algorand network the previous day, according to data on Messari.io. While this figure has been rising in the past few days, it was also stark in contrast to the $11.3 billion worth of transactions on Ethereum and ETH. Coinglass data showed that ALGO has seen a...

Millions Drained From Ethereum DeFi Protocol Inverse Finance

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Another day, another DeFi hack. Inverse Finance is the latest Ethereum protocol to suffer a multi-million dollar exploit.

Inverse Finance Suffers Multi-Million Dollar Hack

Ethereum’s DeFi ecosystem has suffered another major hack. Inverse Finance, a stablecoin protocol that focuses on capital efficient yield generation, was drained in an exploit early Saturday. PeckShield, one of the crypto industry’s top security analytics companies, alerted the Inverse team to the hack on Twitter minutes after the exploit occurred. PeckShield

Terra LUNA Hits All Time High of $112, Founder Do Kwon Share Future Plans

Terra’ LUNA cryptocurrency has surged to a new all-time high of $112 registering another 10% gain earlier today. As of press time, LUNA is trading at a price of $11.79 with a market cap of $39 billion. Furthermore, Terra is also the third-largest blockchain platform in terms of total staked value and sits underneath Ethereum (ETH) and Solana (SOL). The latest price rally in LUNA comes as the Luna Foundation Guard (LFG) has been on an aggressive Bitcoin buying spree in...

Ripple’s Global Head Institutional Markets Talks About XRP-Powered ODL at CCDAS 2022

Earlier this week, Markus Infanger, Ripple’s Global Head Institutional Markets talked about real-world use cases for liquidity while appearing as part of a panel at CryptoCompare Digital Asset Summit 2022 (held on March 30 in London). The purpose of this panel (titled “Sold Facts, Liquid Truth: Building High...

The AMC Token pushing to be the next MeMe coin of 2022

The cryptocurrency space has seen exponential growth in meme coins in the last few years, with great success stories like Dogecoin, Safemoon, Shiba Inu, Evergrow Coin, etc. But what do these big names have in common, and what makes them extraordinary? Well, this is not a simple question, and there is not just one answer, but something is true they all made life-changing returns for the small retail investor. With the train gone and these trades already asphyxiated, everyone scrambles to...

XRP Price Prediction: Cup and Handle Breakout Aims for A 15% Rally

The Ripple(XRP) rally experienced an occasional correction from $0.88 resistance, resulting in an 8.5% decline. However, the coin price rebounded from the upcoming support trendline, bolstering a cup and handle pattern formation. Can buyers breach the $0.88 resistance under the influence of the cup and handle pattern?

Key points:

The 50-day EMA provides constant support to the XRP price The intraday trading volume in the XRP is $2.07 Billion, indicating a 57.6% loss. Source- Tradingview The Ripple(XRP) presented a V-shaped recovery as the coin price...

The O.C. Star Is An Anti-Crypto Writer –

Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike.

Ben McKenzie, actor and star from The O.C., holds a strong skeptical opinion about crypto. He has spent a lot of time digging into the blockchain world, convinced it is all a fraud scheme that he will unveil. Related Reading | The Crypto Scam Bystander: A Glimpse At Facebook’s Metaverse

McKenzie Wants To...

No Joke: Only 2M Bitcoin Remain to Be Mined

Key Takeaways

19 million of a maximum 21 million Bitcoin have been mined as of today. The rate at which new Bitcoin can be mined slows over time, with the last Bitcoin set to be mined in the year 2140. The milestone achievement has taken place only days ahead of Bitcoin Miami, the world's largest Bitcoin conference, happening next week.

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As of today, 19 million out of the 21 million Bitcoin that will ever exist have been mined.

Two Million More

Only two...

Bitcoin Mining On The Rise In Norway ; What Is Behind This Surge?

In a recent article for Arcane Research – the research and analytic subsidiary of Norwegian investment company Arcane Crypto – evidence has surfaced pointing to a considerably large presence of Bitcoin mining activities within the Scandinavian country of Norway.

Bitcoin mining and crypto adoption surge simultaneously in Norway

The article included data imported from Cambridge’s Bitcoin mining map, which revealed that that Norway accounts for 0.58% of Bitcoin’s hashrate. This is an auspicious share considering how small the country is. In a...

Ethereum Price Prediction: ETH Price Aims For Another 5.6%

The recovery rally initiated on March 14th has pumped the ETH/USDT pair by 38.5% in around three weeks. Today(on April 1st), the Ether price is up by 5.5% and teases a bullish breakout from the $3430 resistance. A candle closing above the overhead resistance will trigger another long opportunity with $3430 as the nearest target.

Key points:

The ETH price forms a bullish engulfing candle at $3325 support The 50-and-100-days SMA is soon to give a bullish crossover. The intraday trading volume in...