The cryptocurrency market has experienced significant volatility in the first half of December, leaving investors searching for signs of a long-term recovery. In this dynamic environment, it is crucial to pay strategic attention to tokens such as Woo Network (WOO) that offer opportunities for both short-term and long-term trading. Both Ethereum and Bitcoin, the two
Ethereum price is facing hurdles in its attempt to climb back above the $2,200 and $2,250 levels. The failure to overcome these key resistance zones could potentially result in bearish momentum if the price drops below the $2,120 support level. The price of Ethereum is currently trading below $2,200 and the 100-hourly Simple Moving Average,
Financial technology company Revolut has announced its plans to suspend cryptocurrency purchases for its business clients in the United Kingdom. The move comes as a response to the new rules on crypto promotion set by the country’s Financial Conduct Authority (FCA), which will come into effect in January 2024. Revolut states that the temporary suspension
The crypto market has always been influenced by the activities of whales – influential traders and investors who possess the resources to thoroughly research upcoming projects. Whales often accumulate tokens before their official launch, signaling their belief in the potential of these projects. Recently, there has been significant whale activity surrounding yPredict (YPRED), an emerging
FTX Trading Ltd. made a significant announcement on December 19, disclosing that it had reached a settlement with its Bahamas-based subsidiary, FTX Digital Markets. This development is a crucial step towards resolving the challenges that arose from the collapse of the FTX group in November 2022. The settlement is contingent upon approval from both the
In a world where technology constantly evolves, it is crucial for institutions to adapt and embrace innovative solutions. Pomilio Blumm, a renowned communication firm, has taken a bold step forward with their latest initiative called “Curriculum on Chain.” This groundbreaking project aims to revolutionize academic validation by leveraging Non-Fungible Token (NFT) technology. By transforming academic
The recent partnership between Modex and FIFA+ Collect Club has garnered remarkable attention and fervor, revolutionizing the world of digital art and football fandom. In a stunning turn of events, their exclusive NFT drop was completely sold out within a mere three hours. The limited edition FIFA+ Collect Club NFT Membership Cards, priced at $999
The United States Securities and Exchange Commission (SEC) has recently announced a delay in its decision on whether to approve applications for Ethereum exchange-traded funds (ETFs) from several asset management firms. The SEC has issued delay orders for applications from Ark Invest/21Shares, VanEck, and Hashdex, pushing the final date for approval or disapproval to May
Cardano (ADA) has recently gained some upward momentum, but one cryptocurrency analyst remains skeptical about its sustained uptrend. In this article, we will delve deeper into the analysis presented by the cryptocurrency analyst from More Crypto Online’s YouTube channel. We will explore the different short-term scenarios and the overall bearish outlook for ADA. While ADA
Bitcoin has experienced a tumultuous few days, with its value dropping to around $40,500. However, the primary cryptocurrency finally made a notable recovery today, surpassing the $43,000 mark. This surge has brought relief to many traders who witnessed Bitcoin struggling to overcome the $43,000 level over the weekend. The weekend proved to be challenging for