Month: January 2023

Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts

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Cryptocurrency exchange Coinbase won’t escape from the profitability challenges it will face from the crypto market downturn, despite having a strong brand and credibility in the crypto market, according to investment analysts. Credit rating firm Moody’s released a note on Coinbase on Jan. 19 discussing its downgrade of Coinbase’s senior debt and corporate family rating (CFR) — a rating assigned to reflect the opinion of a company’s ability to honor its financial obligations. Coinbase’s CFR and senior debt were re-graded to B2 and B1 from Ba3 and Ba2 respectively, indicating…

Fetch.ai (FET), Snowfall Protocol (SNW), and Solana (SOL) Are Three Leading Cryptos To Pay Attention To Before The Next Bull Run Starts!

As innovation continues, we will look to Fetch.ai (FET), Snowfall Protocol (SNW), and Solana (SOL) as three leading cryptos to pay attention to. In this article, we’ll learn more about each of these tokens and how they may be able to benefit from the next bull run. To save time, you can learn about the best pick out of the three here. Crypto #1 – Fetch.ai (FET) Fetch.ai (FET) is a project dedicated to the Internet of Things (IoT), artificial intelligence, and machine learning. Autonomous Agent technology is the perfect…

Dogecoin Price Technicals Suggest DOGE Must Clear $0.920 For Another Rally

Dogecoin is gaining pace above the $0.085 resistance against the US Dollar. DOGE could rise further if there is a close above the $0.092 resistance. DOGE gained pace and traded above the $0.085 resistance against the US dollar. The price is trading above the $0.0850 zone and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0830 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). The pair could rise further if there is a clear close above the…

Breakthrough or bull trap? Pundits weigh in

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While Bitcoin (BTC) has experienced a price pump to kick off the new year, many industry pundits are not convinced the cryptocurrency will continue its upward trajectory — at least in the short to mid-term.  The impressive price surge — which saw BTC experience 14 days of consecutive price increases earlier this month — has called on many to consider whether the surge marks a significant “breakthrough” or is indicative of a “bull trap.” Speaking to Cointelegraph on Jan. 23, James Edwards, a cryptocurrency analyst at Australian-based fintech firm Finder…

Snowfall Protocol (SNW) Is Bringing True Utility Throughout The Blockchain Ecosystem While Dogecoin (DOGE) and Shiba Inu (SHIB) Continues To Be A Joke!

Place/Date: – January 23rd, 2023 at 5:18 am UTC · 2 min read Source: Snowfall Protocol Snowfall Protocol (SNW) is a revolutionary piece of technology that is enabling real utility throughout the blockchain ecosystem. SNW is a cross-chain transfer system that allows for the seamless and secure exchange of fungible and non-fungible tokens (NFTs). This platform makes it easier than ever to move assets between different blockchains, allowing users to make transactions with transaction fees that are much lower than traditional exchange networks. Learn More – 1000x Gains To Come ✅💸🚀…

Ripple (XRP) Price Prediction: Orbeon Protocol (ORBN) Rallies Over 987% In The Presale

Place/Date: – January 23rd, 2023 at 5:17 am UTC · 3 min read Source: Orbeon Protocol Orbeon Protocol (ORBN) is making waves in the crypto world with its presale rally of over 987%. This revolutionary protocol is changing the way crowdfunding and venture capital work, and investors are taking notice. The ORBN token can now be purchased for $0.0435, and analysts believe that the price will continue to soar, with predictions of a 6000% increase from the initial presale price, making the token worth $0.24. As the Securities and Exchange…

Aussie execs refute ‘argument’ to treat crypto as financial products

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Australian crypto executives have urged caution over lumping all digital assets in the same boat as financial products, after recent comments from Australia’s assistant treasurer on the ma Speaking to the Sydney Morning Herald on Jan. 22, Assistant Treasurer and Minister for Financial Services Stephen Jones was commenting on the state of crypto regulation in the country. He confirmed that the government was on track with its “token mapping” exercise this year to determine which crypto assets to regulate, with a consultation process “to start soon” with the industry, according…

Ethereum Price Consolidates Below $1,650 As The Bulls Aim Another Rally

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Ethereum climbed further higher above $1,620 against the US Dollar. ETH is consolidating gains and might aim another rally towards the $1,720 level. Ethereum is correcting gains from the $1,655 and $1,665 resistance levels. The price is now trading above $1,600 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $1,630 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally again if it stays above the $1,600 support zone. Ethereum Price Eyes Another Increase…