Month: April 2022

WHY CRYPTO MARKET CRASH , CRYPTO MARKET DOWN , CRYPTO MARKET NEWS , UPDATE , BITCOIN PRICE , TODAY

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Decred price soars 45% in one day three weeks before a major hard fork

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Decred (DCR) prices soared by as much as 45% on April 18 before paring some gains as traders bet on a major hard fork that aims to prevent pump-and-dump schemes by miners.  Key Decred network upgrade in three weeks DCR rallied by nearly 45% to over $86 in one day, its highest level in four months. Moreover, the massive upside move accompanied a similarly huge spike in its trading volumes, confirming that most traders backed the intraday bullish momentum. DCR/USD daily price chart. Source: TradingView Traders flocked to buying Decred…

How Web3 is redefining storytelling for creators and fans through NFTs

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Nonfungible tokens (NFTs) have come a long way in a relatively short period of time. In 2017, the NFT project CryptoKitties made headlines as the largest decentralized application on the Ethereum network. While CryptoKitties accounted for a notable portion of Ethereum transaction volume in 2017, these NFTs mainly served as digital collectibles geared toward the crypto community.  It wasn’t until March 2021 when NFT artwork started gaining traction due to the financial potential behind these creations. This was demonstrated when digital artist Mike Winkelmann, also known as Beeple, sold his…

LINK Hovers Near Long-Term Support as ZIL Loses 10% of Its Value – Market Updates Bitcoin News

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ZIL was down by as much as 10% to start the week, as prices continued to fall following recent highs. LINK was also predominantly red on Monday, as it marginally fell below the long-term support level, hitting a one-month low in the process. Zilliqa (ZIL) ZIL was one of the biggest crypto movers on Monday, as prices dropped by as much as 10% to start the week. After trading at a high of $0.1154 on Easter Sunday, ZIL/USD raced to an intraday bottom of $0.1015 during Monday’s session. Today’s drop…

Why Cryptocurrency is illegal in Pakistan | Cryptocurrency Trading Explained by Kamran Khan

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BTC Hits 1-Month Low, Following Easter Selloff – Market Updates Bitcoin News

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Following a weekend of bearish pressure, BTC’s price fell to its lowest level in over a month. ETH also neared a one-month low, which came as prices once again slipped below $3,000. Overall, the cryptocurrency market cap is down nearly 4% as of writing. Bitcoin Bitcoin fell to a one-month low to start the week, as cryptocurrency prices continued to decline, following recent bearish pressure in the market. Following a peak of $40,570.73 late on Sunday, BTC/USD dropped to a bottom of $38,696.19 during Monday’s session. Today’s drop saw prices…

BTC could drop to $30K in 2 weeks, trader warns as gold goes for $2K high

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Bitcoin (BTC) is in line for a relief bounce but still risks dropping all the way to $30,000 before May, new analysis warned on April 18. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $30,000 dive is April “risk” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $39,000 on Monday as bearish prognoses for the pair mounted. After losing $40,000 support overnight into Monday, Bitcoin faced thin liquidity in the absence of United States and European equities trading thanks to the Easter weekend. For popular trader Crypto Ed, a…

WonderFi Acquires a Second Cryptocurrency Exchange in Canada

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WonderFi Technologies acquires Coinberry, a regulated cryptocurrency exchange in Canada (pending regulatory approval). The definitive agreement is to acquire Coinbery for $25.54 million. Take Advantage of the Biggest Financial Event in London. The acquisition is pending regulatory approval. Coinberry was founded in 2017 and has over 200,000 clients in Canada. Over $1 billion crypto transactions were made at Coinberry to this date. The crypto exchange offering trade in 29  cryptocurrencies  Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised…