Bitcoin on the Brink of a New Uptrend
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The Sandbox has been on a downtrend on the price charts since early December. One of the largest metaverse coins, SAND, the native token of The Sandbox, had a market capitalization of $1.459 billion at press time. Over the past few days, the USDT dominance has dropped from 5.1% to stand at 4.15%. In the past, this chart has topped near...
On Tuesday (March 1), a well-known billionaire hedge fund manager admitted being wrong about crypto and said that his firm has to “give serious consideration to being a market maker in crypto.” Kenneth C. Griffin is the Founder, Chief Executive Officer, and Co-Investment Officer of Citadel, a global...
Cryptocurrency is playing a vital role in the ongoing Russia-Ukraine war crisis. Ukraine raised millions of dollars in donations in crypto coins like Bitcoin (BTC), Ethereum (ETH), and Polkadot (DOT). The world’s largest meme-coin DOGE is the latest addition to the list of coins Ukraine is will receive donations in. Ukrainian Vice-Prime Minister, Mykhailo Fedorov announced that they are now accepting donations in DOGE coin. While he also said that now Dogecoin has exceeded the Russian ruble in value. @dogecoin...
DAMAC Properties, a leading real estate developer in United Arab Emirates (UAE) is reportedly launching a metaverse project this month. According to a report by Unlock published last week, the first hint that Ali Hussain Sajwani, who “oversees day-to-day operations” at DAMAC, was thinking about the world of blockchain technology,...
World of Dr. Hems or WODH is a production and war game that can be played on the blockchain. It consists of two main parts, the first being the production mode and the second being the battle mode. The first part of the game allows users to win HEMS and WODH tokens and also a chance to earn NFT cards that would help them move onto the second part of the game. The NFTs that users will earn will work...
Bitcoin price started a fresh increase from the $34,500 support against the US Dollar. The price is now trading above $40,000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $41,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must clear $44,750 and then $45,800 to continue higher in the near term. Bitcoin price climbed higher above the $40,000 resistance against the US Dollar. BTC even...
Terra’s native cryptocurrency LUNA has witnessed a strong rally despite the market volatility in recent times. The LUNA crypto is aiming a move to its new all-time high and is currently trading 7.5% up at a price of $95.36 with a market cap of $35.7 billion. With the recent move, Terra’s LUNA becomes the second-largest Proof-of-Stake (PoS) network by staking rewards toppling giants like Ethereum 2.0, as per the latest data from staking rewards. Terra $LUNA is now the 2nd...
Former Goldman Sachs hedge fund manager and crypto billionaire Mike Novogratz has recently weighed on the crypto market situation amid the ongoing Russia-Ukraine war crisis. Speaking to Bloomberg on Tuesday, March 1, Novogratz said that the Russia-Ukraine war will serve as a potential booster to Bitcoin and crypto while moving people away from the U.S. Dollar. Russia has been facing severe sanctions with the world isolating the aggressor from the global financial system SWIFT. As a result, the Russian ruble has...
Leading decentralized exchange Uniswap ($UN) has created an interface that allows users to easily swap ERC-20 tokens on the Ethereum blockchain and donate them to the Ukrainian government in one single transaction. The Ukrainian government announced late last month it was accepting cryptocurrency donations as it faces a...