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WOW Summit: The first digital alternative reality festival in Dubai

The world’s first digital AR festival, WOW (World of Web3) Summit, is held from 12th March to 18th March in Dubai, United Arab Emirates. The WOW Summit is the biggest Web3 technology event in the GCC, and will connect global NFT and DeFi leaders with international businesses, authorities, government, tech visionaries, investors, and developers. The WOW Summit will hold a series of events which includes a ‘Business Expo,’ ‘NFT Gallery,’ and the ‘Metafest,’ a multi-dimensional, immersive, and fun performance. The...

HBAR Price Analysis: Daily-RSI Chart Signals A Bullish Divergence

A long-wicks Doji candle displayed high volatility within the HBAR price charts on Monday. The altcoin retesting the neckline support of the descending triangle pattern teases a bearish breakdown. A successful fallout will slump the altcoin by 16%, reaching the $0.22 support.

Key points:

The Daily-RSI chart projects a bullish divergence The intraday trading volume in the Hedera coin is $73.3 Million, indicating a 35.8% gain. Source- Tradingview On February 17th, the Hedera (HBAR) price turned down from the combined resistance of $0.27 and...

Coinbase’s Venture Portfolio Could Be Worth $6.6 Billion, Oppenheimer Estimates

Owen Lau, an equity researcher at Oppenheimer, has estimated that the Nasdaq-listed cryptocurrency exchange Coinbase (NASDAQ: COIN) could have “hidden value” in its Coinbase Ventures unit. In a note sent to clients reported on by CoinDesk, the research analyst estimated that Coinbase’s Ventures portfolio may be worth up...

Should investors wait for a 60% comeback of SAND amidst market capitulation

Sandbox price is fast approaching a vital support zone that is likely to absorb the incoming selling pressure and kick-start a bull rally. The bullish perspective for SAND is backed by on-chain metrics, suggesting a similar outlook.

A brief yet bullish future

Sandbox price has crashed roughly 68% in the past four months and is currently sliding lower, approaching the $1.53 to $2.44. A bounce off this level will likely witness a strong surge in buying...

Examining the source of Bitcoin’s selling pressure and its awaiting consequences

Bitcoin prices continue to consolidate this week, compressing into an increasingly tight area below the $40k mark. Long-term holders seem to run out of patience as accumulation trends softened in the short term despite extremely constructive long-term demand trends.

Counting on you

According to a report from blockchain analytics firm Glassnode, long-term holders of Bitcoin had increased their spending level. Uncertainty and macro risks were current headwinds that precipitated the increase in the sell-offs last week. Thus, affecting the LTHs as...

NFTs Are Coming to Instagram (‘Hopefully’)

Key Takeaways

Mark Zuckerberg said today that Instagram was working to incorporate NFTs into its platform. Zuckerberg suggested that users might one day be able to mint NFTs on Instagram. The features could roll out within the next few months, Zuckerberg said.

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Mark Zuckerberg, chief executive officer of Meta (formerly Facebook), has said that non-fungible tokens would be incorporated into Instagram “in the near term.”

Meta to Venture Into NFTs

Speaking today at South by Southwest, Mark Zuckerberg said...

ADA Price Prediction: Likely To Revisit $0.90 On RSI Bullish Divergence

ADA price trades with modest gains for the second straight day. The price is relying on the vital support level as the market is in extremely oversold conditions. ADA price might be preparing for a bullish impulse on a smaller time frame. Cardano (ADA) price continues to trade range-bound. A daily close above 50-day EMA at $0.82 will print more gains. RSI bullish divergence on the 4-hour chart supports the short-term bullish outlook.

ADA price prepares for an upside reversal

Source: Trading View On the...

Ethereum ‘Merge’: The final public testing phase for ETH is slated on…

‘Eth2’ or now called ‘consensus layer’ had a speculative date for the launch. However, one Reddit member (u/superphiz) of the r/ethstaker community predicted that it would happen in June of this year. It’s important to note that the Kiln testnet was the final public testing phase before the long-awaited Ethereum ‘Merge.’

Edging closer

Now, more than ever, ‘Merge’ on the Ethereum network is closer to full deployment after the final public testnet Kiln launched to put it through its paces. In...

$SHIB Army Member Sheds Light on Meeting With Former Economy Minister of Turkey

A prominent member of the Shiba Inu ($SHIB) community who goes by “SHIB Informer” on the microblogging platform Twitter, has recently shed some light on the meeting members of the Turkish Shiba Inu community had with Mustafa Elitas, a former Economy Minister of Turkey. As CryptoGlobe reported, a...

MANA Price Prediction: Attempts To Breach Descending Trend line; Targets $2.40 Next

MANA price remains negatively skewed moving in a tight range. The price action lacks conviction for a clear trend. Decentraland (MANA) is following a long-term descending resistance line with resistance at $5.91. MANA price trades with losses on Tuesday. Expect a bounce toward $2.40 if breaks above the bearish slopping line. The downside is capped near $2.20.

MANA price seeks short-term bounce

Source: Trading View On the 1-hour time frame, the MANA price is showing strength and is in preparation to escape two immediate upside...