Identifying promising investment opportunities in the dynamic crypto world can be quite a herculean task for crypto investors and meme coin enthusiasts alike. Among the myriad options available, Binance (BNB), Render (RNDR), and KangaMoon (KANG). Notably, KangaMoon is already touted to be the next-generation meme coin, and has emerged as a noteworthy contender. With their unique value proposition and potential for growth, let’s look at what they have to offer. Binance (BNB) Value Sees Rare Increase, Exceeds $400 Level Binance (BNB) has seen its highest price surge in months, the last being April 2023. Exceeding the $400 level earlier in…
Author: Web3 Daily Press Staff
Ethereum is displaying a notable performance that may position it to reach the elusive $5,000 mark. As we scrutinize the current trend through technical analysis, several indicators suggest a robust bullish momentum that could potentially drive Ethereum to new all-time highs.Ethereum has demonstrated significant resilience, maintaining bullish performance amid a market that has seen many other assets undergo substantial price corrections. Unlike its counterparts, Ethereum has not faced a drastic price drop that could severely undermine its bullish trajectory. This steadfastness has been a cornerstone of investor confidence, and it may well be the catalyst for Ethereum’s next leg up.ETHUSD…
When Bitcoin’s price quickly crashed after setting a new all-time high price on Tuesday, many cryptocurrencies followed suit—including most of the prominent gaming tokens. But with Bitcoin rising back to $68,000 and Ethereum edging closer to $4,000, gaming coins are hot again. Tokens tied to crypto games and gaming networks are broadly in the green today, according to data from CoinGecko, led by Immutable (IMX)—the top gaming token by market cap. The Ethereum scaling platform, which spans the Immutable X and Immutable zkEVM networks, has seen its IMX token rise 9% over the past day to a current price of…
The SEC postponed a decision on two requests to bring options on spot Bitcoin ETFs to market following the successful launch by nine issuers, excluding Grayscale’s GBTC. According to a March 6 filing, the U.S. SEC delayed approving, denying, or initiating rule change processes for an application to list and trade options on BlackRock’s iShares Bitcoin ETF (IBIT) filed by Nasdaq. A comment period for the proposal has already opened, and some five people have supplied feedback, asking the SEC to greenlight options trading on BlackRock’s spot Bitcoin (BTC) ETF. Nasdaq filed the request in January, shortly after the securities…
Litecoin is gaining pace above the $80.00 resistance against the US Dollar. LTC price is now trading above $82.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $88.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $86.50 and $88.00 resistance levels. Litecoin price is recovering from the $75 zone against the US Dollar, like Bitcoin. LTC price could climb again if there is a clear move above $88. Litecoin Price Analysis In the past few…
Shiba Inu (SHIB) has displayed immense momentum lately standing out as one of the best-performing meme coins in light of the general optimism that took over the cryptocurrency market in the last week.Shiba Inu To $0.000066 Could Be Possible In A Short TimeWith the price of Shiba Inu rallying in the past few days, the crypto asset has garnered significant attention from investors as several experts predict a rise to new yearly highs.In the same vein, cryptocurrency analyst and investor Rekt Capital has shared his optimistic prediction for Shiba Inu with the crypto community on the social media platform X…
© Reuters. Cryptocurrency VeChain Rises More Than 4% In 24 hours Benzinga – by Benzinga Insights, Benzinga Staff Writer. Over the past 24 hours, VeChain’s (CRYPTO: VET) price has risen 4.72% to $0.05. This is contrary to its negative trend over the past week where it has experienced a 1.0% loss, moving from $0.05 to its current price. As it stands right now, the coin’s all-time high is $0.28. The chart below compares the price movement and volatility for VeChain over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger…
Stablecoin issuer Tether Limited has entered a Memorandum of Understanding (MOU) with the Republic of Uzbekistan’s National Agency of Perspective Projects (NAPP) to develop a regulatory and legal framework for digital assets in the country, according to a March 7 press release.NAPP is the primary government agency overseeing crypto regulation and development, according to the release.The agreement signifies a strategic effort to make Uzbekistan a central hub for blockchain and peer-to-peer telecommunication technologies, aiming to spark innovation and economic growth within the region.Regulatory framework for cryptoA primary focus of the collaboration is to support the creation of a legal framework…
SafeMoon Inu receives a weak long-term technical score of 13 from InvestorsObserver’s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. SMI currently holds a superior long-term technical analysis score than 13% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help…
BNB and DOT soar, while Nugget Rush promises 100X potential with innovative gameplay. Nugget Rush sees big token sales: no buy/sell tax and Ethereum-based infrastructure fuel its rise. BNB’s robust BSC ecosystem and DOT’s multi-chain architecture redefine blockchain standards. With altcoins like Binance Coin (BNB) and Polkadot (DOT) skyrocketing to new heights, it’s no wonder investors are on the edge of their seats, eagerly anticipating the next breakout star to hodl. And guess what? Nugget Rush (NUGX) is here to steal the spotlight! Picture a community-driven play-to-earn blockchain game that’s not just a game, but a revolution in the making.…