Month: January 2022

Cosmos tries to find support at $26 after a 45% drop in two weeks

Cosmos dropped 45% over the last two weeks.  Price found support at the $26 mark.  Cosmos (ATOM/USD) is a project meant to solve the main challenges facing blockchain technology. It aims to eliminate the negative consequences of using blockchains such as environmental degradation, high cost of power, and increased processing time of transactions and data …

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Waves (WAVES/USD) is down 81% from all-time highs ($42.7), currently trading at $9.13

The price of WAVES has been spiraling down without a halt. WAVES is seeing slight resistance at $10.3. WAVES/USD is currently trading at $9.13.  Source – TradingView The Waves pricing shows a strong bearish trend, with bears dominating the price charts for the majority of the months since October. After being rejected at $10.3 on …

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Decentraland (MANA) vs The Sandbox (SAND) – Which one is a better investment?

If you are looking for the two biggest metaverse and play-to-earn platforms, then it’s got to be Decentraland and The Sandbox. But which one is a better investment? Both are created on the Ethereum network. Decentraland was developed in 2017 by Esteban Ordano and Ariel Meilich as a virtual platform for creating and monetizing applications …

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TerraUSD (UST) vs Dai (DAI) – Which one is a better investment?

 UST and DAI are two stablecoins backed by other cryptocurrencies. Unlike other stablecoins, they are decentralized. Stablecoins are cryptocurrencies that maintain a stable price by being tied to another asset; crypto or fiat. They are less volatile than other cryptocurrencies.  DAI was launched in 2017 by MakerDAO and was built on the Ethereum blockchain. It …

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LINK/USD value rose to a high of $18.05, as the recent bullish trend persists

At $18.05, there was resistance. At $15.5, the LINK/USD pair found strong support. The Chainlink price research shows that bulls have been ready to withstand the negative wave, which is good for cryptocurrencies. The currency had tremendous depreciation over the current month, but prices are steadily increasing, and they are predicted to reach beyond their …

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FIL/USD has a potential to gain 30% if bullish momentum is sustained

Filecoin price analysis turns optimistic. At $19.2, there is support for FIL. At $21.9, there is some resistance. The most recent Filecoin price analysis indicates a positive trend, as the price has increased significantly today. Yesterday, the value of FIL peaked at $19.6 after breaking over the barrier of $19.3, and today, the bullish upswing …

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Polkadot (DOT) is consolidating around crucial support – Here is why it could surge by nearly 50%

As the broader crypto market continues to show some signs of life, Polkadot (DOT) has been consolidating gains around a very crucial support zone, a move that could trigger a 50% rally in the near term. The token is however facing several downside risks including slowing investor sentiment. Here are some notable highlights though: Polkadot …

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Exchange Platform Tokens, KCS vs. HT – Which is better to invest in?

 Cryptocurrencies used to be synonymous with blockchains. However, exchange platforms have been issuing their native tokens lately using prominent blockchains. In this list is Huobi Global and KuCoin. This article explores their use-cases, how they work, and the better investment of the pair.  KuCoin launched KuCoin Shares (KCS) as its utility token in 2017. It …

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Crypto-backed cards usage is growing rapidly regardless of volatility, says i2C’s McCarthy

i2c saw a 500% jump in crypto-linked card issuance and a 600% surge in transaction volume, McCarthy told CNBC’s “Squawk on the Street.” He says the average daily transaction volume stands at $60 million, with volatility not a major impact on everyday spending.  i2c Inc. president Jim McCarthy says the firm continues to see tremendous …

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Interested in the new Smart Contract Blockchain cryptocurrencies? FTM vs. AVAX – Which is more promising?

 Smart contracts made blockchain technology explorable and usable. It allowed the creation of apps, digital assets, organizations, etc. Of the numerous blockchains, two new ones are gaining traction in the crypto space. They are Fantom and Avalanche.  Fantom was launched in December 2019 by Michael Kong to support dApps and digital assets, among others. It …

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Morgan Stanley: Bitcoin’s 50% correction “within historical norms”

Analysts at the bank say Bitcoin has corrected by 50% or higher on 15 occasions since 2009. They say a breakdown to $28,000 is possible as this is 2021’s floor, while $45,000 remains a crucial resistance zone. Bitcoin’s bounce from recent lows could be hindered if the flagship cryptocurrency slides below $37,000 again, with further …

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Russia banning crypto could have an opposite effect, former president Medvedev warns

Medvedev is a former Russian president and prime minister and currently the Deputy Chair of the Security Country. Russia’s intention to ban cryptocurrencies has elicited reactions from across the board, with many other people voicing opposition to the move for various reasons. Former Russian president Dmitry Medvedev, who also had a stint as the country’s …

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You can now buy ShibaDoge, the coin combining the best of two worlds: here’s where

ShibaDoge combines the names and the best features of two beloved and very popular cryptos that hardly need an introduction. We’re talking about Shiba Inu and Dogecoin, of course. ShibaDoge is favorably impacted by the upswing among dog-themed meme coins and gained 21% today. You’ve come to the right place if you want to know …

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