Bitcoin, the leading cryptocurrency, is experiencing a slight decline in its recent gains. There are concerns that this could potentially lead to a more significant retracement, pushing the price back to the $30,000 mark. At the moment, Bitcoin is trading at $40,950 with a 2% loss in the past 24 hours. The weekly chart also
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The fear of missing out (FOMO) is a powerful force in the world of cryptocurrency. Seasoned investors often find themselves succumbing to FOMO when new projects announce a presale of their tokens, leading to a frenzy of speculative buying. The recent price action around BRC20 projects like Multibit (MUBI) and Rats Ordinals (RATS) has only
The cryptocurrency market has been experiencing a significant pullback after its recent rally, but amidst this downturn, there are a few altcoins that are defying the trend and continuing their upward march. Stacks (STX) is one such token that has not only resisted the bearish sentiment but has also seen a remarkable increase of nearly
Improbable, a renowned metaverse technology company, has made an unprecedented move by selling its gaming division, The Multiplayer Group (MPG), to Keywords Studios for an impressive £76.5 million ($97.1 million). This strategic decision by Improbable aims to propel Keywords Studios’ Create division, as it incorporates MPG’s vast expertise in multiplayer game development. MPG has forged
Revolut, the digital banking and financial services company, has recently announced a temporary halt to its cryptocurrency trading services for business clients in the U.K. This decision comes as a response to projected regulatory modifications in the crypto industry. The Financial Conduct Authority (FCA) has introduced a series of new rules aimed at enhancing investor
When considering the current state of Cardano (ADA), it becomes evident that its price action is closely aligned with the overall weakness seen in the crypto market, particularly with Bitcoin. According to an analyst from the Austin Hilton YouTube channel, which provides comprehensive coverage of cryptocurrency price analysis and predictions, the outlook for ADA in
In a surprising turn of events, the trading volume of decentralized exchanges (DEX) on Solana surpassed that of Ethereum for the first time on December 16th. According to data from DeFillama, Solana’s DEXs recorded a trading volume of $1.536 billion, while Ethereum lagged behind at only $1.164 billion during the same period. This milestone was
The gaming industry has been lacking innovation, with uninspiring titles dominating the market. However, there is a glimmer of hope in the form of SpaceCatch, a crypto project that aims to disrupt the norm and bring excitement back into gaming. By integrating cutting-edge technologies like blockchain, Augmented Reality (AR), Virtual Reality (VR), and Artificial Intelligence
Shiba Inu (SHIB) has recently faced a significant decline in performance, leading to concerns among investors. The rejection from upper trendline resistance resulted in a -11% drop in SHIB’s price. This has caused many to question whether SHIB is heading towards zero. Moreover, the movement of a massive 4.2Tn SHIB between unknown wallets has further
Bitcoin has displayed an impressive rally this year, with its price surging by approximately 150% since January 1. This remarkable performance has led many experts and analysts to contemplate whether the cryptocurrency has the potential to reach the coveted $100,000 mark. One such believer is DonAlt, the prominent figure behind the popular YouTube channel Technical