Despite Bitcoin Cash’s Bull Run & Shiba Inu Price Rise, Investors Would Rather Invest in BlockDAG: Find Out WhyThe Shiba Inu team’s updates on Shibarium and a SHIB burning mechanism have sparked a 200% Shiba Inu price rise. Amid a crypto rally, Bitcoin Cash also impresses with a 73% increase. BlockDAG (BDAG), a new player with pioneering layer one technology, raises $4.2 million in presales, promising revolutionary mining solutions and financial inclusivity. It positions itself alongside today’s most popular cryptocurrencies.The Burning Mechanism: Driving Shiba Inu Price RiseThe Shiba Inu team is buzzing with updates about Shibarium and SHIB’s burning mechanism, sparking…
Author: Web3 Daily Press Staff
As the cryptocurrency market continues to evolve, VeChain (VET) has emerged as a notable contender, capturing the attention of investors and analysts. Recent analysis suggests a promising future for VET, characterised by a potential surge and strategic price targets. However, bearish sentiment has prevailed in the last 24 hours over the VET market after failing to breach the intra-day high of $0.05137. At press time, VET was trading at $0.04952, a 1.94% decline from the day’s high. Coin EditionVeChain’s Potential SurgeA forecast by EGRAG CRYPTO suggests an upward trajectory for VET, with a potential price peak at $1.8 by October 2024.…
In this landscape of ever-transitioning cryptocurrencies, relentless innovation is taking place to drive excitement and opportunity. Early March sees Pushd (PUSHD) come to the forefront of the space as a standout contender, surging through its presale phase, while Tether (USDT) and Pepe Coin (PEPE) holders race to benefit from market movements. Tether (USDT) kept calm without its usual shaking in the market as Pepe Coin (PEPE) surfed the Meme coin popularity wave.Among these developments, one of them was Pushd (PUSHD), which is expected to reward investors with exponential growth. The following article goes deeper into the dynamics of these cryptocurrencies,…
Utah-based crypto company SafeMoon files for bankruptcy amid fraud charges ABC4.com This news is republished from another source. You can check the original article here
© Reuters. Polkadot’s Price Increased More Than 3% Within 24 hours Benzinga – by Benzinga Insights, Benzinga Staff Writer. Over the past 24 hours, Polkadot’s (CRYPTO: DOT) price has risen 3.09% to $11.01. This continues its positive trend over the past week where it has experienced a 5.0% gain, moving from $10.39 to its current price. As it stands right now, the coin’s all-time high is $54.98. The chart below compares the price movement and volatility for Polkadot over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring…
Reactor Motors—the Ethereum NFT collection featuring 8,888 images of high-end racing cars—is being turned into a movie, the company behind the digital announced late Thursday. The Reactor Motors film will be helmed by veteran director Pierre Morel, who also directed Taken and Transporter 2. The Reactor Motors film will tell the story of Geophysicist Eva Mason, who discovers Reykium in a Volcano in Iceland, leading to clean energy race cars. Mason’s discovery attracts the attention of an energy conglomerate that will do anything to get their hands on Reykium. Bundlie said Morel and his business partner gravitated towards the lore…
IOTA price continued its strong rally this week, helped by the strong crypto comeback. The coin soared to $0.402, its highest level since May 2022. It has jumped by more than 20% from its lowest point in 2023.Why IOTA is risingIOTA coin has bounced back in the past few months even though the network has not made any major headlines. One of its biggest headlines happened in November when the IOTA Foundation received a license in Abu Dhabi.The other important news was that the IOTA Ecosystem was launching a grants program to support developers in its ecosystem. These grants are…
The market’s favorite meme cryptocurrency, Dogecoin, is giving off signals that could indicate where it is headed next. Recently, the asset has shown a descending volume trend, often seen as a warning sign of potential price decline.Examining the current price chart, we can identify the local support level for DOGE at around $0.1048, a point where the price has previously stabilized before rebounding. On the upside, there is a clear resistance level at approximately $0.1439, which has been tested but has not convincingly broken through in recent trading sessions.Dogecoin/USDT Chart by TradingViewThe declining volume trend coincides with a stabilization in…
By Facundo Zamora, CEO Finanflix and Juan Ignacio Murua, CFO FinanflixEver since Blackrock (NYSE: BLK) announced its Bitcoin (CRYPTO: BTC) ETF, the market cap of BTC has surged, now exceeding one trillion dollars—a monumental figure. To put this into perspective, even if you combined the market caps of major corporations like Coca-Cola (NYSE: KO), Disney (NYSE: DIS), AMD (NASDAQ: AMD), and Intel (NASDAQ: INTC), their total would still fall short of BTC’s colossal valuation. This staggering growth not only underscores the significant market confidence following Blackrock’s endorsement but also highlights Bitcoin’s expanding influence in the financial world. The waterfall effect is inevitable,…
Chainlink price has been trending upward for the past few weeks, with momentum seemingly slowing down over the last 48 hours. However, what’s more interesting is that whales have been signaling an impending correction for a long time now that might arrive rather soon. Chainlink Whales Might Induce Bearishness Chainlink price recently tagged the $21.69 resistance level, marking a 25-month high. The Oracle token corrected soon after dropping by 5.66% as of today. At the time of writing, LINK can be seen trading at $20.47. By the looks of it, a decline is likely incoming, and the behavior can be…