16 Oct 2023 @ 19:25
BTCUSD creates a new high despite a short-term decline into an oversold state. In March 2023, BTCUSD exhibited a significant upward surge. It was then followed by a consolidation period marked by a bullish pennant formation. All of this persisted until mid-June 2023. After this consolidation, the bullish momentum rekindled, propelling the price to reach […]
14 Oct 2023 @ 12:18
ETHUSD finally breaks the $1531.00 support after two months of consolidation. Before the beginning of the downtrend in July 2023, ETHUSD was in a consolidation phase. The market was fluctuating around the $1876.00 price level. In mid-June 2023, the price jerked downward, breaching the previous support at $1755.00. Followed by a massive expansion to the […]
12 Oct 2023 @ 08:36
The UK’s Regulatory Authority Sounds the Alarm on 143 Unregistered Cryptocurrency Companies, Raising Concerns About Regulatory Gaps Prominent players such as the cryptocurrency exchange Huobi/HTX and the digital asset trading platform KuCoin have been flagged in the FCA’s advisory. The FCA’s action has reverberated throughout the investor community, underscoring the pressing...
09 Oct 2023 @ 22:46
In the ever-evolving world of blockchain technology, the role of Daily Active Developers (DADs) is paramount. These individuals and teams are the driving force behind the continuous development and maintenance of blockchain software. In this context, we delve into what DADs are and the diverse roles they play in shaping the blockchain landscape. Understanding What […]
07 Oct 2023 @ 22:02
BTCUSD begins a short-term retracement as the price resumes its upward trend. The price rose dramatically from the support level of $19569.000, resulting in the development of a bullish order block at $2475.000. This rising trend persisted until mid-April 2023, after which there was a big pullback that lasted until the bullish order block was […]
07 Oct 2023 @ 21:32
ETHUSD enters the bullish order block amid reversal signals to the upside. Following a distribution phase seen in the supply zone of $2143.00, a reversal in the trend appeared on April 19, 2023. When this reversal first appeared, the price declined rapidly. This revealed the sudden presence of the bears. The decline continued afterward, though […]
07 Oct 2023 @ 07:47
In the dynamic world of cryptocurrencies, Non-Fungible Tokens (NFTs) rose to stardom in recent years. Their peak came during the 2021/22 bull run, where a staggering $2.8 billion in monthly trading volume was recorded in August 2021. NFTs captured global attention with headline-making million-dollar deals. However, the NFT landscape has transformed significantly since then. Fast […]
04 Oct 2023 @ 02:58
In a significant development, Coinbase, a prominent cryptocurrency exchange operator, has been awarded a crucial regulatory license in Singapore. The Monetary Authority of Singapore officially granted the company a Major Payment Institution license, following last year’s provisional approval. This noteworthy development emerges amidst an ongoing regulatory dispute between Coinbase and...
03 Oct 2023 @ 05:36
Understanding Daily Active Users (DAUs) is crucial in the blockchain and cryptocurrency space, akin to assessing a conventional business’s customer base. High DAU counts indicate a thriving ecosystem, attracting developers and fostering innovation. In this article, we’ll explore the top blockchains of 2023 by DAUs, offering insights into blockchain technology’s success and...
29 Sep 2023 @ 21:49
A “Gwei” is a unit of measurement for the cryptocurrency Ethereum (ETH). It is the smallest denomination of Ether, which is the native cryptocurrency of the Ethereum blockchain. The term “Gwei” is short for “gigawei,” and it represents one billion (1,000,000,000) Gwei. In the Ethereum network, Gwei is the smallest denomination, and Gwei is often […]