Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Pushd captures the crypto community’s attention, setting its sights on becoming a formidable Amazon competitor by harnessing Bitcoin Cash’s efficiency and Dogecoin’s community spirit. The unveiling of Stage 6 in the Pushd presale has revealed its ambitious vision to become an Amazon rival, capturing the attention and investment of Bitcoin Cash and Dogecoin market movers. This strategic positioning aims to capitalize on blockchain technology to offer a more equitable,…
Day: April 4, 2024
Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain Noble
The expansion to the Cosmos ecosystem, an interoperability network, is expected to boost the adoption of FRAX and sFRAX in diverse applications, including trading, savings, payments and collateral, while offering Cosmos users a decentralized alternative to USDC, the world’s second-largest dollar-pegged cryptocurrency. Source
BNB Price Rally In Jeopardy? Decoding Key Hurdles To Fresh Increase
BNB price is attempting a fresh increase from the $545 zone. The price could gain bullish momentum if it clears the $585 and $590 resistance levels. BNB price started a fresh increase after it found support near the $545 zone. The price is now trading above $560 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $585 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair could attempt a fresh rally if it clears the $590…
Ethereum Price Fails Again, Signs Of More Losses Below $3,300
Ethereum price is struggling to recover above the $3,360 resistance zone. ETH is now showing signs of more losses below the $3,300 and $3,250 levels. Ethereum is facing many hurdles near the $3,350 and $3,360 levels. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $3,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a close below the $3,200 support zone. Ethereum Price Signals Downside Ethereum…
Bitcoin Price Could Struggle And Continue Lower – Here’s Why
Bitcoin price is struggling to recover above the $67,000 zone. BTC could gain bearish momentum if there is a close below the $64,500 level. Bitcoin is facing many hurdles near the $66,500 and $67,000 levels. The price is trading below $67,000 and the 100 hourly Simple moving average. There is a major bearish trend line forming with resistance near $66,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now at risk of a downside break below the $64,500 support zone. Bitcoin Price Upsides…
Fake NFT Project Hack? CTO Vanishes After Stealing 94 SOL
A new rug pull alert sounded on Tuesday after crypto detective ZachXBT unveiled on-chain details of an alleged hack suffered by an NFT project last month. The project’s CTO announced that a response was in the works but ultimately vanished as criticism grew. Nuddies NFT, A Hack Or Rug Pull? On-chain sleuth ZachXBT revealed the alleged misuse of funds by the CTO of NFT project Nuddies NFT. In a now-deleted post, its CTO Kyle explained that the project was “derugged from its previous founder” and built differently from other NFT…
CoinGecko Reveals Most Profitable Crypto Narrative Of Q1
In the first quarter of 2024 (Q1), memecoins emerged as the most profitable crypto narrative, delivering massive average returns of 1312.6% across its top tokens, according to a recent study and report conducted by CoinGecko. This figure far surpassed the returns of other narratives, highlighting the growing popularity and frenzy surrounding memecoins in the cryptocurrency market. RWA Vs Memecoins Three newly launched tokens were among the top 10 memecoins by market cap at the end of the quarter: Brett (BRETT), BOOK OF MEME (BOME) and Cat in a dogs world…
Bitcoin Cash Undergoes Halving Event, Sets Stage for May Upgrade
The Bitcoin Cash network has witnessed its halving event at block height 840,000, leading to a reduction in the miner reward to 3.125 coins per block from the previous 6.25 coins. Miner Rewards Halved on Bitcoin Cash Network The latest block data reveals that the Bitcoin Cash (BCH) network has undergone its anticipated reward-halving event. […] Original
Analyst Predicts $90,000 Milestone In April
Amid the bearish pressure witnessed in the price of Bitcoin, Captain Faibik, a popular cryptocurrency analyst and trader, has identified the potential for a significant rebound that could send BTC to an unprecedented level before the end of April. Bitcoin Might Be Poised For New Peak This Month Bitcoin is presently exhibiting a downward pressure on low timeframes, falling to the $65,000 price level after briefly touching $71,000 on Monday. Despite the adverse price action, Captain Faibik is confident there will be an uptick in the price of BTC this…