Bitcoin is struggling to recover above $57,500 against the US Dollar. BTC is declining and could accelerate lower below $55,000 in the near term. Bitcoin is facing resistance near the key $58,000 and $57,500 levels. The price is now trading below $57,500 and the 100 hourly simple moving average. There is a crucial bearish trend…
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Cardano has been making important changes to its blockchain since the launch of smart contracts capability. This had brought with it an increased usage and thus needed to be more scalable to accommodate this increase. Since the launch in September, there have been a number of improvements to the network and the latest is the…
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If you’ve been paying attention to the broader crypto market lately, you might’ve noticed the emergence of Avalanche (AVAX). While many of the biggest coins in crypto have been experiencing some slight declines, most of which have come after ridiculous gains throughout the year, Avalanche has been outperforming peers by leaps and bounds. If you’re…
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Data shows around 15% of the total Bitcoin supply is now in loss, a value that has historically been sufficient to push the price down. Percentage Of Bitcoin Supply In Profit has Fallen Down To Just 85% As per the latest weekly report from Glassnode, the total BTC supply in profit has fallen down to…
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Debates over-centralization vs. decentralization have always been a touchy topic. Many argue decentralization should be a vital part of the cryptocurrency world as it ensures platforms are not controlled by overbearing authorities or outside third parties. Resistance to censorship and centralized authorities is important as it means blockchain-based platforms can reach markets and empower users…
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Gamification within the crypto industry has disrupted traditional gaming and helped attract countless new faces to the world of digital assets. The popularity of NFT and blockchain-based games has opened up unique opportunities for gamers like the play-to-earn model and the interoperability of assets. Most notably, the inclusion of in-game NFTs also allows gamers to…
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The gaming industry has progressed significantly in recent years. From cumbersome consoles, odd cartridges, and simple games to a $170 billion entertainment channel fueled by more than 2.7 billion users across the world. Gaming is now an all-consuming experience, based on ultra-realistic animations and full of twists and turns throughout what appears to be an…
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In today’s digital world, gaming has become more relevant, with an average gamer spending over eight hours per week in the digital realm. With the introduction of cryptocurrency to the gaming sector, a new model of gaming has emerged called the Play-to-Earn model. The Play-to-Earn model, as the name suggests, is designed to help players…
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With an average 6% loss and a 10% correction in the weekly chart for Bitcoin, Cardano (ADA), XRP, and others, the crypto market has been trading in choppy waters for the past days. The uncertainty has brought a change in the sentiment, as traders prepare for further downside. BTC trends downwards in the 4-hour chart.…
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Ethereum which is the second-largest cryptocurrency project in the globe has enjoyed the support of major and big-time investors in recent years. Its growth over the last year has helped to further reinforce why investors tend to choose the altcoin over Bitcoin. One of those who have supported Ethereum openly and majorly in the past…
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