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Join Our Telegram channel to stay up to date on breaking news coverage Will the bullish momentum commence in DOT market? DOTUSD Price Analysis – September 05 Polkadot may continue the bullish movement provided the resistance level at $7.6 does not hold and it may increase to $8.3 and $8.6 price level. In case the bears oppose the bulls, the price may decrease to the support level of $6.7, $5.9 and $4.0. DOT/USD Market Key levels: Resistance levels 7.6, $8.3, $8.6 Support levels: 6.7, $5.9, $4.0   DOTUSD Long-term Trend: Bullish DOTUSD is gaining momentum for uptrend; in other words Polkadot is bullish in the daily chart. The coin has been soaring towards south and the support level of $6.7 was reached. The price gradually repelling from the support level of $6.7. Critically looking at the daily chart is the formation of “W” chart pattern at the mentioned support level. At the moment, the price is breaking up the dynamic resistance level. The fa...

Join Our Telegram channel to stay up to date on breaking news coverage XRP under buyers’ control The breakup of the resistance level of $0.36 by the Bulls will make the XRP rally towards $0. 37 price level . In case the Bears break down the support level of $0.35, it may decrease the price to $0.33 and $0.32 levels. XRPUSD Price Analysis – September 12 Key Levels: Supply levels: $0.36, $0.37, $0.38 Demand levels: $0.35, $0.33, $0.32 XRP/USD Price Medium-term Trend: Bullish XRP/USD is bullish on the medium-term outlook. The bearish movement that commenced when the coin reached the resistance level of $0.38 has made the coin to test the support level of $0.32 on September 07. The Bears’ momentum could not break down the just mentioned support level. The Bullish engulfing candle formed and this triggered a bullish movement.  The price is currently trading above $0.35 targeting $0.36 level. XRP has crossed the two EMAs upside, it is trading above the ...

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction reveals that BTC may likely head to the downside as its price moves below $20,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,913 Bitcoin market cap – $378 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $24,000, $26,000, $28,000 Support Levels: $17,000, $15,000, $13,000 Buy Bitcoin Now Your capital is at risk BTC/USD is trading around $19,913 below the 9-day and 21-day moving averages. Looking at the daily chart, Bitcoin (BTC) is trading on average, and it is likely to slide and touch the support level of $19,500. The king coin is now plunging below the former resistance level of $20,000 which may cause many investors to take profits off the table.  BTC Could Break...

Join Our Telegram channel to stay up to date on breaking news coverage The Ripple price prediction shows XRP could renew the bullish trend after testing the support level of $0.36 today. Ripple Prediction Statistics Data: Ripple price now – $0.39 Ripple market cap – $19.6 billion Ripple circulating supply – 49.8 billion Ripple total supply – 99.98 billion Ripple Coinmarketcap ranking – #7 XRP/USD Market Key Levels: Resistance levels: $0.45, $0.47, $0.49 Support levels: $0.35, $0.33, $0.31 XRPUSD – Daily Chart Buy Ripple Now Your capital is at risk XRP/USD regains ground after touching the daily low at $0.36 during the European session today. The Ripple price is currently changing hands at $0.39 and with the recovery, the coin is hovering above the 9-day and 21-day moving averages . Would Ripple Price Move to the Upside Just like the Tamadoge? According to the daily chart , the Ripple price is moving towards the resistance lev...

Judge Neomi Rao’s ruling compels SEC to reevaluate Grayscale’s spot Bitcoin ETF application. Michael Sonnenshein, Grayscale’s CEO, emphasized long-standing intention to evolve GBTC into a Bitcoin ETF. Grayscale’s journey over nine years aims to transition to an ETF structure for Bitcoin accessibility. With the recent ruling made by Judge Neomi Rao on the Grayscale case against the SEC, the regulator is now compelled to reevaluate its stance on the application for a spot Bitcoin exchange-traded fund (ETF) by Grayscale. Earlier this year, in an interview on the “Unchained” podcast, Michael Sonnenshein, CEO of Grayscale Investments, emphasized the long-standing intention for the Grayscale Bitcoin Trust (GBTC) to evolve into a Bitcoin ETF. He stated: “An ETF was the ultimate goal for GBTC… An ETF format was what we always conceived of and that’s always what we intended to do even before we launched the product back in 2013....

The popular crypto trader, Mac (@MacnBTC), tweeted his Analysis for Arbitrum (ARB) yesterday. The tweet is a response to requests MAC received to analyze the low timeframe for ARB. In his tweet, MAC stated that his upside target for ARB is around $1.38 if the $1.20 level holds. The trader concluded the tweet by reminding traders and investors to zoom out on ARB’s charts, given that ARB is a new market entrant. Currently, ARB only has 4 daily candles so far. As a result, MAC believes that there will be “boring price action” for ARB for the next few days. Daily chart for ARB/USDT (Source: TradingView) CoinMarketCap shows that the price of ARB has risen 1.90% over the last 24 hours. The altcoin also strengthened against Bitcoin (BTC) and Ethereum (ETH) by 2.06% and 1.75% respectively in the same time period. Currently, the price of ARB stands at $1.27. In related news, Lookonchain (@lookonchain) tweeted this morning that Amber became the 14th ARB holder after receiving...

The Bitcoin price prediction sees a 0.42% decline over the past few hours as the cryptocurrency fails at $28,218 and heads lower. Bitcoin Prediction Statistics Data: Bitcoin price now – $28,036 Bitcoin market cap – $540 billion Bitcoin circulating supply – 19.3 million Bitcoin total supply – 19.3 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $32,000, $34,000, $36,000 Support Levels: $24,000, $22,000, $20,000 BTC/USD loses its momentum after touching key resistance above $28,218. As of writing, the king coin is down 0.42% on the day at $28,036 within the 9-day and 21-day moving averages. Meanwhile, the Bitcoin price may likely struggle to stay above $28,000, and if it does, it should be free to rise well above $29,000 if it moves in the next positive direction. Bitcoin Price Prediction: Can Bitcoin Price Trade Above $29k? After a slightly positive move above $28,200, th...

Ethereum gas fees reached a 10-month high in the past week. According to a software engineer with the Twitter identity Cygaar, the recent spike in gas fees on the Ethereum network is mainly due to the XEN token. He noted that the token consumed up to 90% of gas per block in single transactions. Curious why your ETH txns have been so expensive in the last 24 hrs? This XEN token has been consuming up to 90% of gas per block in single txns. This is why EIP4844 + L2s will be important for scaling ETH – we can't keep having single apps spike gas for everyone else. pic.twitter.com/6O36ulHRay — cygaar (@0xCygaar) April 24, 2023 Cygaar then noted the importance of EIP4844 and Layer 2 protocols for scaling Ethereum. According to him, such implementations would prevent situations where single apps will be responsible for spiking gas fees for everyone else using the network. Further, Cygaar cited a report that describes the EIP4844 upgrade as a viable solution for...

Input Output Global (IOG), the engineering and research company behind the blockchain platform Cardano, has shared Cardano’s latest Weekly Development Report. Progress made by IOG’s development team includes node upgrades, wallet improvements, smart contract innovations, and much more. ICYMI: the #EssentialCardano development update is live and packed full of all the details of what’s been going on development-wise on #Cardano. Check it out now ️ https://t.co/Ouy4Qwl81R — Input Output (@InputOutputHK) May 14, 2023 Every Friday, the Essential Cardano platform publishes the highly anticipated weekly development report. The recently unveiled report, issued on May 12, Features significant releases and advancements within various core teams. One of the key highlights of the development report is the release of Cardano node v.8.0.0 by the core technology team, which brings new governance action that facilitates on-chain SPO polls. In addition, the ledger team focused ...

The world of cryptocurrencies is witnessing a significant development as open interest in Binance Coin (BNB) token futures reaches a five-month high. This surge in open interest signals a surge in trading activity and investor interest in the BNB ecosystem. #BREAKING: Open interest in @binance‘s $BNB token futures jumps to 5-month high#VOC #VoiceOfCrypto #BullMarket #CryptoNews — Voice of Crypto (@VoiceofCrypto2) June 12, 2023 The rise in open interest comes alongside a price decline, highlighting the prevailing bearish sentiment in the market. BNB Suffers as Regulator Clampdown on Binance Exchange Continues Notably, Binance currently faces regulatory challenges and negative funding rates in the perpetual futures market. While this happens, the cryptocurrency community closely monitors the implications for BNB and its associated projects. BNB’s surge in open interest suggests increased market participation and a growing bearish sentiment among traders. As the pr...

What Venture Capitalist Tim Draper has extended his price prediction for Bitcoin Why His original prediction was made during the bull run What next He now thinks Bitcoin will hit $250,000 by June 2025 Tim Draper has revised his projected timeframe for Bitcoin price to reach $250,000 to June 2025. While maintaining an optimistic outlook, Draper acknowledges that the timeline for achieving his predicted price target has been extended. I guess we have to wait a little longer… It may take two more years. Tim Draper Remains Confident Despite Missing The Mark The news stems from a recent tweet, where the venture capitalist reflected on his previous prediction when the price of Bitcoin was $4,000. Draper anticipated a 60-fold increase that would lead to a price of $250,000 by now. So much for my predictive abilities…It is June 30, 2023. When Bitcoin was $4000, I predicted it would reach $250k (60X) by now. It has only reached $30k (7X). I...

Modi’s Call for Global Consensus “Hence, recognizing the rapid transformation technology undergoes, ignoring or wishing it away isn’t an option,” he shared. Additionally, he shed light on how the world needs a unified approach to regulations. He advocated for rules that transcend geographical boundaries, avoiding a singular, nation-focused perspective. advertisement PM Modi on Crypto regulation : pic.twitter.com/WCw1btSjic — Wise Advice By Sumit Kapoor (@sumitkapoor16) August 27, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading Bots List 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; ...