Tue, August 26

Search Results for: cryptocurrency trading

Will Ethereum Recover After Slumping Below $2,500?

The crypto market is reeling from significant losses, with Bitcoin (BTC) falling under $59,000 and Ethereum (ETH) experiencing a sharp decline of nearly 10%, dropping from its high of $2,800 to below $2,500. Particularly since the start of August, Ethereum has taken a significant nosedive and has struggled to breach

August 28, 2024 2 mins read

Cardano (ADA) Nears Breakout From Descending Trend Line Since May 20

Cardano (ADA) finds itself at a critical juncture as it approaches a potential breakout from a descending trend line that has constrained its price action since May 20. Currently trading at $0.36, ADA has experienced a decline during this period, but recent market activity suggests a possible shift in momentum.

August 27, 2024 2 mins read

Chainlink (LINK) Faces Potential Drawdown as Investor Optimism Wanes

Chainlink (LINK) has buoyed its price in recent weeks begins to lift. This shift in investor sentiment, coupled with concerns about the network’s valuation relative to its activity, could potentially trigger a price drawdown. Since late July, LINK holders have maintained a bullish stance, buffering the cryptocurrency against substantial losses

August 27, 2024 2 mins read

What are DApps And How Are They Built?

In the digital age, our daily lives are intertwined with various applications, from social media platforms to online marketplaces. But imagine if these apps didn’t rely on a single company or server. Instead, they operated on a network of computers, each maintaining a shared database. This is where Decentralized Applications

August 27, 2024 6 mins read

RepubliK Unveils Creator STOX, Enabling Users to Trade and Invest in Influencer Value

RepubliK has announced the official launch of Creator STOX on the STOX Market, a platform that is revolutionizing the social media monetization and valuation of social media by providing direct value streams for influencers and individual content creators. The STOX Market democratizes social media involvement and creates a direct economic connection between creators and their

August 27, 2024 2 mins read

Nigerian Court Advances Binance Money Laundering Case to September

A Nigerian court is bringing forward the hearing of a money laundering case involving Binance, the world’s largest cryptocurrency exchange, and two of its executives. The case, initially set for October 11, will now be heard on September 2, involving allegations of laundering over $35 million and tax evasion. This

August 27, 2024 2 mins read

Bitget Teams Up with KoinX to Streamline Crypto Tax Filing for Traders

Crypto investors are confronted with the daunting task of coordinating their tax responsibilities every time the tax season comes close. Bitget has made great strides in improving the user experience by incorporating KoinX’s strong compliance infrastructure into its platform. Not only does this strategic alliance give thorough assistance with tax

August 27, 2024 3 mins read

Solana (SOL) Faces Declining Institutional Interest and Weakening Technical Indicators

Solana (SOL), once a darling of institutional investors, finds itself at a critical juncture as the third quarter of 2024 draws to a close. The cryptocurrency’s recent price action and shifting investor sentiment paint a complex picture of its near-term prospects, challenging the sustainability of its previous uptrend. Technical analysis

August 26, 2024 2 mins read

Chainlink Price Up Over 20%, LINK Outperforms Top 20 Coins

Chainlink (LINK) has emerged as a standout performer in the cryptocurrency market, registering an impressive 22% price increase over the past seven days. This surge, which has outpaced most of its peers in the top 20 cryptocurrencies, comes at a time when the broader market is experiencing relative stability.   On-chain

August 26, 2024 2 mins read
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