A recent analysis by CryptoQuant suggests that Ethereum (ETH) may be on the brink of a significant rally. Following a major liquidation event, ETH has shown potential for a price surge as spot buying pressure strengthens in the cryptocurrency market. After a sharp decline earlier this month, which saw ETH lose nearly 34% of its
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Recently, well-known crypto analyst CryptoCon drew attention to a technical indicator that has consistently forecasted local highs for Bitcoin during this bull run. According to CryptoCon’s analysis, Bitcoin is projected to surpass $100,000, potentially reaching $109,236 by the end of the year. This prediction hinges on the “1-month-behind 2023” trend continuing, with Bitcoin hitting a
Binance, the world’s largest cryptocurrency exchange, recently announced the delisting of six altcoins from its platform. This decision has had a significant impact on the prices of these assets, leading to sharp declines in value. Delistings like these often result in reduced liquidity and market panic, causing prices to plummet. Binance periodically reviews each digital
Recently, Binance confirmed that the Venezuelan government has imposed restrictions on access to its website following a disputed presidential election. This action has affected not only Binance but also several other websites in Venezuela, including social networks. Despite the restrictions, Binance reassured its users that their funds are safe and that the situation is being
In recent news, XRP experienced a significant surge in price following a court ruling in the Ripple v SEC case. The price of XRP rose by 20% in a single day, reaching almost $0.64 with a market capitalization of over $35 billion. This surge came on the heels of a ruling by Judge Analisa Torres
As bitcoin experiences another retreat, analysts are closely monitoring various technical indicators and signals to determine the future trajectory of the cryptocurrency market. According to a recent report by CoinGlass, the liquidity heatmap is currently indicating key first-test lines at approximately $56,800. If BTC prices manage to bounce off this level, they could potentially test
Atari, a pioneer in the gaming industry, has once again captivated audiences by revisiting the charm of retro gaming through a modern lens. The latest iteration of the beloved 1976 game Breakout has taken a significant leap by making a comeback on the Ethereum layer 2 network Base, as part of Coinbase’s “OnChain Summer” promotion.
Samsung has officially revealed its collaboration with Illuvium at Gamescom 2024, with the aim of transforming home entertainment by integrating Web3 technology. This groundbreaking partnership will bring the captivating world of Illuvium directly into living rooms through Samsung’s innovative Web3 TVs. Players will have the opportunity to immerse themselves in the three core games –
Bitfarms, a Toronto-based Bitcoin mining company, recently reported a total revenue of $42 million for the second quarter of 2024. However, this marked a 16% decline quarter-over-quarter. The decrease in revenue is primarily attributed to the reduction in block rewards resulting from the BTC halving event that took place on April 19, 2024. In addition
Santiment recently released a ranking of the top digital assets in terms of notable development activity for the last 30 days. Taking the lead in this ranking is Internet Computer (ICP) with an overall score of 570.1. This token is the second-largest in the Artificial Intelligence (AI) realm, boasting a market capitalization of almost $3.5