Day: July 23, 2022

🔴Why Crypto Market is Down Today? Big Crypto News Today|Best Cryptocurrency To Invest 2021 in Crash

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Ethereum price ‘cup and handle’ pattern hints at potential breakout versus Bitcoin

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Ethereum’s native token Ether (ETH) has rebounded 40% against Bitcoin (BTC) after bottoming out locally at 0.049 on June 13. Now, the ETH/BTC pair is at two-month highs and can extend its rally in the coming weeks, according to a classic technical pattern. ETH paints cup and handle pattern Specifically, ETH/BTC has been forming a “cup and handle” on its lower-timeframe charts since July 18.  A cup and handle setup typically appears when the price falls and then rebounds in what appears to be a U-shaped recovery, which looks like…

Terra Luna News Today | Rajeev Anand | Crypto News Today | Cryptocurrency News Today | Luna Classic

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Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem – Bitcoin News

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On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra UST and LUNA fallout wreaked havoc on the entire crypto ecosystem and the stablecoin economy. Moreover, Coingecko researchers say “a decrease in the stablecoin market share suggests that a certain amount of capital has completely exited the crypto ecosystem.” Coingecko’s Data Suggests Q2 Investors Exited Stablecoins Rather Than De-Risking Into Them…

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FTX May Acquire Leading South Korean Exchange Bithumb

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FTX, the leading crypto trading platform, is in advanced talks to buy Bithumb. Allegedly, both companies have been in discussions for several months, and yet there are no deals confirmed.  Along with Upbit and Coinone, Bithumb is one of the top centralized South Korean-based crypto exchanges. It currently lists 188 cryptocurrencies and was established in 2014.  In terms of daily trading volume in late November 2021, it has reached over $3 billion, according to data from CoinGecko. Currently, the value has dropped down to around $558 million. Multiple crypto companies…

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Russia’s Media Censor Roskomnadzor Unblocks Tor Project’s Website – Bitcoin News

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Russian telecom and mass media watchdog Roskomnadzor has restored access to the website of the Tor Project, implementing a court ruling with delay. The site was blacklisted last year but the measure was successfully challenged by lawyers. Roskomnadzor Removes Tor Project’s Site From Blacklist of Banned Internet Pages Russia’s Federal Service for Supervision of Communications, Information Technology and Mass Media, also known as Roskomnadzor or RKN, has taken the Tor Project’s main site out of its register of internet sources restricted for disseminating prohibited information. The delisting follows a court’s…

Dogecoin Sheds Nearly 2%, Yet Analysts Upbeat DOGE Can Breach $0.0788

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Dogecoin (DOGE) price has retreated by 1.80% and is currently trading at $0.068826 USD. CoinMarketCap has ranked DOGE as the 10th largest coin in terms of market capitalization. Dogecoin has a current market cap of $9,131,190,072 USD with a 24-hour trading volume set at $494,541,797 USD. The well-known meme coin currently has a total circulating supply of 132,670,764,300 DOGE coins. Crypto analysts and experts are eyeing Dogecoin to breach the $0.0788 zone. Suggested Reading | Solana (SOL) To Hit $166 By 2025, Despite Current Bearish Conditions Dogecoin Developers To Launch New…