Arbitrum (ARB) has been experiencing some bearish dominance in the crypto market. The bullishness of ARB encountered resistance at $1.36 and retracted to a 24-hour low of $1.31, where support was formed. As of press time, the bears’ influence was still visible in the 1.95% drop to $1.32. If the.
Introduction Floki Inu is a relatively new cryptocurrency that has been generating a lot of buzz in the crypto community. This cryptocurrency is named after Elon Musk’s dog, Floki, and aims to become the most popular cryptocurrency in the world. According to a recent video from Altcoin Daily, Floki Inu.
ARB Encounters Resistance and Forms Support Arbitrum (ARB), a blockchain protocol that enables decentralized applications (dApps) to be built on Ethereum, has experienced bearish trends as of late, with resistance encountered at $1.36 and a subsequent retrace to a 24-hour low of $1.31, where support was formed. However, as.
Santiment, a blockchain analytics firm, has reported that Ethereum (ETH) has reached a new milestone with its highest number of exchange addresses interacting on the network since November 2021. The analytics firm also predicts that ETH may soon break $2K. This comes after Santiment’s report yesterday of the highest number.
The recent speech by Federal Reserve Chair Jerome Powell has caused stocks of mainstream banks to tumble, leading to concerns about the possibility of a banking crisis that could trigger the next Bitcoin bull market. Michael Van de Poppe, the founder of EightGlobal, has expressed his views on this development.
Decentralized finance (DeFi) has revolutionized the traditional financial system by providing a decentralized platform for financial transactions. However, the recent events of April 2023 highlight the challenges of securing DeFi platforms. The month saw several DeFi protocols falling prey to hacks, exploits, and rug pulls, resulting in a net loss.
Introduction: VeChain, a blockchain-based platform designed to improve supply chain management, has seen its price increase by 3.32% over the past 24 hours. This price increase comes after a two-week-long period of decline. The recent uptick in VeChain’s price is attributed to the platform’s latest network partnership. In this article,.
The price of Ethereum, the world’s second-largest cryptocurrency by market capitalization, has surged in recent weeks, approaching a key resistance level of $2,000. This comes as Ethereum’s developers are considering several Ethereum Improvement Proposals (EIPs) aimed at improving the scalability and efficiency of the ETH blockchain. Ethereum Price Approaches Key.
The AUD/USD pair has experienced a significant boost in value following a strong jobs report from the United States (US). The report, which showed that the US added a record-breaking 4.8 million jobs in June, has caused the market sentiment to improve. As a result, stocks from regional banks, which.
The USD/JPY pair has risen by 0.42% after dropping to a weekly low of 133.50, spurred by buyers stepping in at around a solid technical support level. This level of support was able to sustain the USD/JPY pair and attract buyers to enter the market. Technical support levels are price.
DOGE Whales Scoop Up 200 Million Tokens Dogecoin (DOGE) has been making headlines recently as the cryptocurrency has seen a surge in popularity among investors. Since its inception in 2013, Dogecoin has been considered a joke currency, but that has not stopped it from becoming one of the top-performing cryptocurrencies.
Introduction: UNI, the governance token of Uniswap, one of the leading decentralized exchanges (DEX), has been on a rollercoaster ride this week. UNI followed the synchronized global move, dropping lower but managed to recover in full, heading higher once the dust settled. According to experts, UNI is expected to come.