Ethereum’s price has been correcting over the past few weeks after setting a local high around the $4,000 mark. While the price is yet to recover, the bull market may be far from over. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been consolidating between $3,000 and $3,600. Following…
George Town, Cayman Islands, April 5th, 2024, Chainwire SimpleSwap is a user-friendly exchange platform, designed specifically to make crypto trading smooth and hassle-free. This service has been on the market for more than 5 years now and it continues to surprise its customers with clear and profitable crypto solutions. One of such tools is the…
Dogecoin has had a rather interesting week, first rallying to cross $0.2, before correcting back downward and eventually losing support at $0.8. Nevertheless, there is still a lot of steam left in the cryptocurrency it seems, as crypto analysts have identified both a bottom and a 7-year cycle that could send its price as high…
Narratives often emerge that captivate the attention of investors and enthusiasts alike. One such narrative that has dominated the crypto sphere in 2024 is the rise of meme coins. These tokens, often characterized by their playful branding and community-driven nature, have captured the imagination of millions and become a force to be reckoned with in…
The world of cryptocurrency continues to be a hotbed of activity, with regulatory bodies like the SEC (Securities and Exchange Commission) struggling to keep pace with innovation. A recent point of contention centers around Ethereum (ETH), the second-largest cryptocurrency, and its potential for spot-traded ETFs (Exchange-Traded Funds). The SEC has expressed worries about potential fraud…
According to local media reports in Japan, Sony Bank announced its foray into the stablecoin world, launching a trial to issue its fiat-linked digital currency. In collaboration with blockchain company SettleMint, one of the most notable aspects of the pilot program is that the trial will take place on the Polygon blockchain. Sony Bank’s Strategic…
The cryptocurrency market is abuzz as several alternative coins show potential to outdo Bitcoin’s performance. With the 2024 bull run upon the market, they are catching the eye of savvy investors seeking substantial growth opportunities. The article ahead focuses on four such altcoins that could lead the pack, allowing potential investors to diversify their portfolio…
Uniswap, the decentralized exchange (DEX) pioneer, has achieved a significant milestone by surpassing $2 trillion in all-time trading volume. This achievement marks a historic moment for the platform, occurring five and a half years after its launch in November 2018. Uniswap’s $2 Trillion Milestone According to data from a Dune Analytics dashboard compiled by Uniswap’s…
Introduction Ninety-one years ago today, President Franklin D. Roosevelt pulled off the greatest heist in American history. Unlike most robberies, this one was entirely legal. No safe-cracking was required; no ski masks, guns, or getaway cars. Just a pen and some White House letterhead. On April 5 1933, FDR issued Executive Order 6102, making it…
As seen from the drop in the global market cap, markets are still facing consolidation. As of press time, the global market cap had dropped to 0.4% within the last 24 hours to stand at $2.49T as of press time. Bitcoin Price Review Bitcoin (BTC), is still in a consolidation phase as evidenced by the…