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Showing posts from July, 2023

PEPE Stuck in a Narrow Price Range While SHIB and BONE Surge

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PEPE has been left in the dust after the latest Shibarium announcement. Over the past seven days alone, PEPE’s price dropped by more than 11% while the prices of SHIB and BONE surged. PEPE’s price was resting on the lower level of a consolidation zone at $0.0000012900 at press time. Pepe coin (PEPE) has found itself trapped within a narrow price range, fluctuating between $0.00000138 and $0.00000129. Additionally, momentum indicators suggest a prolonged downward trend for PEPE. Among the popular meme-inspired cryptocurrencies like Dogecoin (DOGE), Shiba Inu (SHIB), and Bone ShibaSwap (BONE), PEPE was the poorest performer. This is a concern, especially when considering the remarkable surge it experienced after its launch, as it now appears to be losing its momentum. SHIB and BONE started trumping PEPE after a member of the Shiba Inu team announced on Twitter that the Shibarium Beta Bridge had gone live for public testing on July 26, 2023. This announcement had ...

VeChain: Will A Bull Run Push VET's Price To $1?

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VeChain is trading at $0.018 on Monday delivering little to no profits to investors in the last three months. VET is trading flat as it barely rallied in price and failed to climb above the $0.020 mark. The last time VeChain went above $0.021 was in May 2023, and the token has only moved backward since then. Also Read: SEC Asked Coinbase to Halt Trading of All Cryptos, Except Bitcoin VET/USD Chart by TradingView Investors are eager to see VeChain hit the $1 mark and believe that only a bull run could make it achieve the target. In this article, we will highlight if VeChain can reach the $1 milestone when the next bull run begins. VeChain: Can VET Reach $1 When The Next Bull Run Starts? Source: thecoinrepublic.com During the phenomenal 2021 bull run, the all-time high that VET reached was $0.28. The cryptocurrency failed to pick up steam thereon and mostly went south than north as the rally came to an end. So will VET reach the $1 milestone by the end of the decade bef...

Weekly Cryptocurrency Market Analysis: Altcoins Reach New Highs And Lows

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Jul 29, 2023 at 10:17 // Price Author Coin Idol The cryptocurrencies under consideration are all rising altcoins trading above the moving average lines. The cryptocurrencies have reached above resistance levels and are trying to make new highs and lows. Let us take a closer look at a handful of these cryptocurrencies. XDC Network The price of XDC Network (XDC) is rising above the moving average lines. The cryptocurrency value rose to a high of $0.071 before falling back. Further gains are unlikely as the market approaches the overbought zone. A retraced...

TomaaS, South Korea’s Leading Tangible Mobility-Based Asset Lending Protocol

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TomaaS (Trustless On-Demand Shared Mobility As A Service) is a PR otocol for lending tangible mobility-based assets. This PR oject is currently being recognized for its innovative service delivery in Korea. TOMAAS NFT TomaaS issues NFTs corresponding to currently operating Shared Mobility Service (shared electric scooters, shared electric bicycles, shared limousines, etc.) vehicles, sells the NFTs to general investors, and transfers the PR oceeds from the sale of the NFTs to Shared mobility Service Providers. And service PR oviders can use the extra cash to purchase additional vehicles to expand their businesses. MDM TOMAAS NFT holders can generate a portion of the Shared Mobility’s operating revenue as passive income on a recurring basis. Flying Corporation is the first Shared Mobility Service Provider of TomaaS at PR esent. Flying Corp is an active Shared Mobility Service Provider operating an electric kickboard enter PR ise in Suwon, Yeongju, etc....

Expert Sees 400% Jump For Terra Classic LUNC Price; Timeframe

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Also Read: XRP Holder’s Lawyer Reveals One Unique Thing About His Clients advertisement Overall, the LUNC community may be in for some aggressive price action as the developers work on bringing significant changes to the network. According to crypto experts, the Terra Luna Classic (LUNC) price in the current cycle has the ability to achieve nearly 400% jump, going by the ongoing momentum. Terra Classic (LUNC) Up For 4X Rally? According to Javon Marks on Twitter, the LUNC token’s price breakout is holding currently and that could mean some positive price action. This is based on the price action analyzed over the long term of the last 12 months. Hence, this price rally could likely take several months to realize for LUNC, whereas the cryptocurrency market as a whole is likely to witness a blanket rally ahead of the Bitcoin halving event scheduled for some time during the second quarter of 2024. Recommended Articles ...

Hong Kong Central Bank Collaborates With Saudi Arabia After UAE

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HKMA Collaboration With Saudi Arabia Central Bank During a meeting in the capital Riyadh, the central bank of Saudi Arabia and the central bank of Hong Kong discussed collaboration in many key areas including financial infrastructure development, open market operations, market connectivity, and sustainable development. advertisement Eddie Yue, Chief Executive of the HKMA, said: “The MoU, in particular, will further enhance mutual cooperation as well as exchange of information and expertise between the SAMA and the HKMA in financial innovation and Fintech. We look forward to working with the SAMA to promote investment and financial market connectivity between the Middle East and Asia.” The MoU was signed by the Governor of the SAMA Ayman Alsayari and the Chief Executive of the HKMA Eddie Yue to improve research and innovation in areas such as supervision technologies (Suptech), tokenization, and payment infrastructure. Recommended Ar...

Unveiling the Richest Crypto and Blockchain Billionaires

MilkRoad Daily published the list of the richest people in crypto. Binance’s CEO stands first with $10.2 billion in net worth. Other billionaires include Coinbase’s CEO, Alchemy’s co-founders and Gemini’s co-founders. The cryptocurrency realm has not only revolutionized the financial landscape but also created a new class of billionaires. These individuals have leveraged the power of digital currencies and blockchain technology to amass significant wealth. Richest people in crypto: 1. Changpeng Zhao, CEO of Binance $10.2 billion 2. Brian Armstrong, CEO of Coinbase $4.1 billion 3. Chris Larsen, Co-founder of Ripple $2.6 billion 4. Jed McCaleb, Co-founder of Ripple and Stellar $2.4 billion 5. Joe Lau, Co-founder of Alchemy $1.8… pic.twitter.com/yGopgpq6qp — Milk Road (@MilkRoadDaily) July 25, 2023 Changpeng Zhao, the CEO of Binance, tops the list with a staggering net worth of $10.2 billion. Binance is one of the world’s...

ADA Faces Warning as Benjamin Cowen Draws Parallel to 2019 Challenges

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Benjamin Cowen, a well-known crypto analyst, is saying that Ethereum (ETH) competitor Cardano (ADA) is repeating a downward trend from 2019. Cowen says in a new strategy session that Cardano hasn’t found a bottom yet by comparing the price action in 2023 to how the market was set up in the second half of 2019 when ADA kept finding new lows. “The second half of 2019 was probably the hardest part of the cycle [for Cardano] because it wasn’t very exciting. You just watched the altcoin market slowly bleed out. There were certainly a lot of pumps. I mean, no shortage of pumps. We had tons of them. This one right here [in 2019 from $0.035 to $0.050] was 41%. This one right here [from $0.041 to $0.58] was 40% as well. We had a lot of pumps like that and they ultimately just still got faded.” Cowen says that ADA rallied in 2023 in the same way it did in 2019. This happened when the token made double top patterns and then fell below the bull market support band, ...

Shiba Inu: You Could Make $7 Million if You Brought SHIB on 'This Day'

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Imagine investing $1,000 on a random day just to see your investment balloon to $7.3 million nearly three years later. Resignations will be sent out and the most posh house with a lawn and pool would be purchased. The hunt for a Lamborghini would begin and tickets for a world tour will be booked. Life as you know it would change for good without the need to work a single day to earn money. All this could have happened to you if you had invested $1,000 in Shiba Inu on August 2, 2020. Also Read: Shiba Inu to 50 Cents? Here’s What Must Happen For SHIB To Reach $0.50 Yes, it sounds like a dream but that’s the truth. An investment of $1,000 a day after Shiba Inu launched could have fetched you $7.3 million today. That’s larger-than-life returns and enough to lead a rich life by simply keeping the money in the bank and living off of interest. Shiba Inu: $1,000 Investment Could Have Turned To $7.3 Million Today Source: Unsplash The Shiba Inu price calculator from C...

Dogecoin Trading Volume Hits A 16-Week High

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At just 27%, Bitcoin dominance across all of the top 25 centralized exchanges is currently at its lowest level since April 2023. advertisement Courtesy: Kaiko Offshore exchanges have experienced a significant decrease in Bitcoin (BTC) trading activity, partly because of a surge in altcoin trading volume in South Korea. Since the beginning of 2023, the dominance of BTC in the market has dropped by 20%. In the United States, altcoins have also gained popularity in the past month, indicating that the regulatory crackdown hasn’t affected demand much, reports Kaiko. Altcoin liquidity, which refers to how easily these alternative cryptocurrencies can be bought or sold, has seen a small increase since the start of July. This data comes from Kaiko’s market depth, which looks at bids and asks for an asset across all centralized exchanges, giving a comprehensive view of the asset’s liquidity. Since the beginning of July, the 1% market depth for t...