Shiba Inu (SHIB) has surpassed its previous resistance, signaling a resumption of its upward trajectory and indicating increased market strength. The current market trades above the dynamic support trendline, suggesting potential for further upward movements. On a larger time frame, the market exhibits an overall uptrend, marked by the creation of higher highs. As Shiba…

BONK operates as a cryptocurrency integrated with Solana DApps on the network, rewarding user engagement. Originating in 2017 as the coin for the Solana community, BONK strives for popularity among diverse DApps, emphasizing community empowerment and decentralization while steering clear of traditional VC influence. Primarily catering to NFT enthusiasts, DeFi users, artists, collectors, and Solana…

In a recent update, Terra (LUNA) noted an unusual surge in blockchain network activity. Terra (LUNA) Blockchain is Experiencing Transaction Disruptions due to Severe Congestion Increased traffic has led to user difficulties with transactions on the Terra platform. The official developer team of Terra’s altcoin has acknowledged the issue and is actively investigating. “We are…

Following the November agreement, Binance’s CEO, CZ, delegated responsibilities to Richard. The new CEO released a blog post with key statements during the preparation of this article. A notable development boosting optimism for 2024 was the significant resolution of conflicts between Binance and the US, positively impacting the entire cryptocurrency space. Binance CEO Statement In…

India is intensifying its crackdown on cryptocurrency exchanges, specifically targeting international platforms like Binance, alleging their unauthorized operations within the country. The Financial Intelligence Unit (FIU) of India has issued compliance notices to several platforms, including Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex. In a late Thursday statement, the FIU has also…

After months of trading within a range, Polygon (MATIC) has experienced a notable breakout, surging over 30% in the past 7 days. The layer-2 scaling solution for Ethereum is gaining momentum, and analysts anticipate a potential rally to new all-time highs. Currently trading at around $1.03, up from recent lows below $0.80, MATIC has broken…

The price of BTC has surged in 2023 amid anticipation for the approval of the inaugural US spot Bitcoin exchange-traded fund (ETF), a crucial milestone according to experts. In December, BTC surpassed $44,000, marking its highest level since April 2022. Ongoing discussions between the U.S. Securities and Exchange Commission (SEC) and asset managers aiming to…

The worldwide digital asset market displayed varied indexes with a slight drop in Bitcoin (BTC) price over the last 24 hours. Meanwhile, Axie Infinity (AXS) and ORDI witnessed significant surges, outperforming Bitcoin despite its mild selling pressure. The crypto market experienced a slight 0.45% decrease in its cumulative market cap in the last 24 hours,…

Polygon’s MATIC token has successfully overcome its bearish history, breaking free from months of stagnation within a symmetrical triangle. With three consecutive days of bullish candles, there’s a notable shift in sentiment. The excitement in the crypto market peaked as MATIC surged beyond the decisive $1 resistance, a level untouched for six months. This breakout…

Cryptocurrency prices witnessed a pronounced selling wave on Tuesday, leading to a substantial decline. What’s unfolding in the market? Cryptocurrency values experience a steep decline The crypto market witnessed a sudden widespread sell-off on Tuesday, causing the global crypto market value to drop to $1.65 trillion. Bitcoin’s price plummeted from $43,400 to $42,500 within hours,…