Posts

Showing posts with the label crypto news

TRON Cryptocurrency Surges with USDD Launch - 10 April 2023

Image
  TRON (TRX) CRYPTOCURRENCY SURGES PRIOR TO THE LAUNCH OF USDD TOMORROW . TRON (TRX) cryptocurrency is outperforming most other cryptocurrencies, including Bitcoin, with a 10% increase in value since yesterday and nearly 25% over the past week. It has also entered the Top 20 most crucial cryptocurrencies, currently ranked 20th. The main reason behind this surge is the upcoming launch of the USDD or “Decentralized USD,” which claims to be the “most decentralized stablecoin in human history” and will be launched on the TRON network tomorrow. Additionally, TRON plans to create a decentralized reserve, generating hype and benefiting the cryptocurrency. On the technical side, TRON’s chart shows a positive signal today as it crossed its 200-day moving average, which it has been below since the end of 2021. The MM200 days are the first support near the current price of $0.07616. The first resistance zone to consider is the psychological threshold of $0.08000 coupled with the March 31 high...

Cardano (ADA) Update: Overvalued Despite the 90% Crash. - CapitalStreet FX

Image
  CARDANO’S PRICE ROSE 2.29% AT $0.2533 ON FRIDAY. Cardano (ADA) creator and Ethereum (ETH) co-founder Charles Hoskinson claims that he detected “rumors” concerning the safety and Exchange Commission (SEC) vs Ripple case can public conclude on Dec. 15, with unfortunate consequences for the crypto business. During a “surprise” solicit from me something (AMA) session streamed on Dec. 11, Hoskinson same that he had “rumors that the Ripple case is settled Gregorian calendar month fifteen, which might have ruinous implications for the business a method or the opposite.” He prompts that the cryptocurrency house might attempt to create its stand against the regulator’s decision: The report follows Ripple Labs filing its final submission in its current legal battle against the U.S. Securities and Exchange Commission. The legal battle — which started at the tip of 2020 — was initiated by the regulator WHO argued that Ripple offered unregistered securities through its XRP sale Read More

Crypto Currency Latest News And Technical Analysis - 27 Dec 2022

Image
  TWT, TERRA, AND SOLANA HEADLINE 2022’S TOP CRYPTOCURRENCY LOSER LISTS As the year 2022 comes to a close, a steady theme has been cryptocurrency markets falling under selling pressure. With bear market conditions prevailing, we rank the biggest gainers and losers among the top 100 cryptocurrency assets, as ranked by capitalization. Performance numbers are as of December 27th. CRYPTOCURRENCY WINNERS: ONLY TWO CRYPTOCURRENCIES IN THE TOP 100 INCREASED THEIR VALUE IN 2022 In the current top 100 cryptocurrency list, there are two cryptocurrencies that came out ahead in 2022. TRUST WALLET TOKEN (TWT) TWT, the native asset of Trust, the external wallet acquired by Binance, emerged as an altcoin that resisted the bear market this year. TWT has increased its value by 90% since the beginning of the year. Trading at $1.347 on December 27th, TWT started the year at $0.7084. TWT, which currently has a market capitalization of $561.75 million, is ranked 62nd. Its rise is no doubt a sign of the...

WHAT’S GOING ON WITH ETHEREUM?

Image
  ETHEREUM TUMBLES 1.48% TO 1333.32 ON WEDNESDAY. Mike Novo Gratz says after the merger Ethereum had a big move down. The merger was an amazing performance in lots of ways, it shows the decentralized community can accomplish something that’s really complicated. We all know that Ethereum had gone from $1000 to $2000. After that, we could clearly see a pullback after that and mike feels that $1,250 should be the bottom here and so Ethereum is closer to the bottom than the top. Novo Gratz says that bitcoin falling dramatically because of increasing interest rates by institutions, Blackrock deal with Coinbase and their own fund when people are coming to buy and bitcoin could go as lower as it can Most of the Altcoins are in the red zone, Bitcoin shows no reversal trend. The market condition can be tracked by several factors such as the federal reserve interest rate hike The major resistance for bitcoin is $20,000 and it’s stuck below this level and it will go down for some time because...