Not content to rest on its laurels, Cardano continues to enhance network infrastructure by improving its native Daedalus wallet. Daedalus Flight is a test wallet where volunteer users can assess changes within a live environment using real ADA transactions. “Daedalus Flight is a new ‘pre-release’ version of the Daedalus wallet. Specially created for ada holders…
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Since the highs that were seen in July, Cardano (ADA) has seen a strong retracement against Bitcoin. The altcoin has collapsed by dozens of percent against the leading cryptocurrency, crushed despite a rally in many other crypto assets. Cardano may soon be able to outpace Bitcoin, though, according to a popular technical indicator that predicts…
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OMG Network’s native token OMISEGO (OMG) logged a milestone price rally in the running week. The 25th largest cryptocurrency surged by up to 252 percent in the days leading to its integration into the world’s leading stablecoin project, Tether. As of Friday, the OMG/USD exchange rate had established a year-to-date high at $9.86 before correcting…
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Ethereum spiked below the $400 support before recovering higher against the US Dollar. ETH price must surpass the $420 resistance and the 100 hourly SMA to start a fresh increase. Ethereum is currently holding the $405 and $400 support levels. The price is facing a major barrier near the $420 level and the 100 hourly…
DetailsWhile the global economy struggles with the fallout of Covid-19, financial markets are showing signs of recovery and this means there are opportunities for investors. So, for those with an optimistic outlook, we are taking a look at what is driving the S&P 500, NIO and XRP. S&P 500 The S&P 500, the index tracking…
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Ripple is holding a couple of important supports near $0.2800 against the US Dollar. XRP price is currently testing a crucial resistance near $0.2980, above which it could rally significantly. Ripple is trading above the $0.2800 and $0.2850 support levels against the US dollar. The price is showing positive signs, but it is facing a…
DetailsEthereum’s decentralized finance space has seen exponential growth over recent weeks and months. According to data site DeFi Pulse, there is now $6.65 billion worth of cryptocurrency locked in so-called DeFi protocols. This same metric was closer to $500 million at the start of the year and around $1 billion in March. Related Reading: Crypto Tidbits:…
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Bitcoin price is holding the $11,650 and $11,550 support levels against the US Dollar. BTC is currently recovering, but it must surpass the 100 hourly SMA to start a fresh surge. Bitcoin is still trading nicely above the $11,650 and $11,550 support levels, with positive signs. The price is likely to face a strong resistance…
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Chainlink has been flashing signs of immense strength in recent times, with the cryptocurrency’s recent “rug pull” decline being heavily absorbed by LINK bulls. This has allowed the crypto to find some stability within the upper-$16.00 region, with buyers now attempting to lay the groundwork for it to see further near-term upside. It does appear…
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From Monday to Wednesday, Ethereum suffered the first strong correction seen in a few weeks. The asset slipped from the highs of $440, set the week before, to approximately $395, a drop of around 10%. This drop was worse than that of Bitcoin. The leading cryptocurrency only lost 8% from its local highs, with bears…
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