Blog – Page 463

Sentiment or not, should you bet on Dogecoin rallying soon

Since falling from its October highs, Dogecoin (DOGE) kept testing the $0.162-mark multiple times and flipped it to resistance. Since then, it has been marking lower lows until it gravitated towards the $0.11-floor. From here on, a conclusive close above its trendline support (white, dashed) would position DOGE for a re-test near its EMA ribbons before a likely pullback from the $0.12-zone. At press time, DOGE was trading at $0.1165, down by 5.53% in the last 24 hours. DOGE 4-hour chart Source:...

U.S. Inflation Rises To 4-Decade High; Is A Crypto Crash Inevitable?

U.S. inflation has grown worse in February to a fresh four-decade high. The consumer price index (CPI) rose 7.9% which is a 0.5% increase from January. The Russian-Ukraine conflict is the main reason behind this massive drop. However, Bitcoin price didn’t react much to this fall. BTC prices dropped to the $38,500 mark then quickly jumped over the $39,000 level. While, Ethereum traded at $2,600.

US Inflation Rises to 7.9%

The US Bureau of Labor Statistics releases the numbers every month....

U.S. Inflation Is at Record Highs, But Crypto Doesn’t Care

Key Takeaways

Today, the U.S. annual inflation rate hit a 40-year high of 7.9%, according to CPI data. Across the pond, the ECB released its latest monetary policy decisions, revising inflation expectations upwards and GDP growth downwards. Despite both highly negative news items coming out around the same time today, the crypto markets have remained largely unfazed.

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The crypto market has remained unfazed following the release of the latest consumer price index data that put the U.S. annual inflation rate at...

Solana, LUNA, Tron Price Analysis: 10 March

While the last 24 hours proved to be rather menacing for the bulls, the Crypto fear and greed index showed minor improvements in the overall sentiment. The near-term technicals of Solana, LUNA, and Tron exhibited a bearish inclination but the CMF kept the bullish revival chances bright in the days to come. Solana (SOL) Source: TradingView, SOL/USD SOL saw a nearly 47% loss (from 20 January) and touched its six-month low on 24 February. Since then, it saw an over 40% jump...

Ethereum Layer 2 Developer StarkWare Looking to Triple Valuation to $6B

Key Takeaways

StarkWare is reportedly looking to raise $100 million in a Series D funding round. The raise would triple StarkWare's valuation to $6 billion. Speaking on conditions of anonymity, a company insider said that the $6 billion valuation might be realistic.

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The Ethereum Layer 2 scaling solution provider StarkWare is reportedly raising at least $100 million at a $6 billion valuation.

StarkWare Raising $100M At a $6B Valuation

Investors are showing big interest in one of Ethereum’s most anticipated Layer 2 projects.According...

Ethereum Price Prediction: Downside Remains Intact Below $2,500, An Opportunity To Sell?

Ethereum price fails to sustain the previous session gains on Thursday. ETH begins with a slow start and retraced to the session’s low in the European session. Currently, the price is struggling around the critical $2,600 mark. It is interesting to watch if the price is able to sustain lower levels. Ethereum price wiped out all the previous session gains on Thursday. Extended sell-off in ETH if price closes below $2,500 on a daily basis. Bears remain in full control below...

What Do Cardano Founder ($ADA) Charles Hoskinson and Paris Hilton Have in Common?

In case you can’t think of anything that these two individuals could have in common, this article should be able to help. Charles Hoskinson, is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano ($ADA) research and development. He is also one...

>1.17M stakers for Cardano, but what else should ADA holders know about

Here, it is interesting to note that ADA holders had 68.3% of the total supply staked by the end of February. However, ETH had just 7.92% for the same. The total number of stakers on Ethereum was 54,772 on the first day of 2022. On 18 January, this number fell to 54,768 and remained constant throughout February. Based on the statistics previously mentioned, it’s clear that Cardano led Ethereum by more than 20 times its total number of stakers in February....

Bulls Face Uphill Task Above $2 –

EOS price started a fresh increase from the $1.88 zone against the US Dollar. The price is now trading below $2.10 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.975 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume decline if it stays below the $2.10 resistance zone. EOS price is showing bearish signs below $2.10 against the US Dollar, unlike bitcoin. The price...

WAGMI or FUD – Deciphering what Ethereum investors buying 200K ETH hints at

Ethereum never seems to lose investors’ interest. Even in a bearish market, the altcoin king has managed to make its presence felt. Here, it’s worth noting that the positive sentiment of investors could play in favor of the altcoin moving higher.

Ethereum buyers are back

The trend of “buying the dip” sometimes benefits the coin’s holders to a huge extent. Well, in the case of Ethereum, people who bought about $54 million worth of ETH in the last 20 days can...