Tag: Support

Meta History Museum Raised Over $1,000,000, Releases New NFT Collection in Support of Ukraine – Metaverse Bitcoin News

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The META HISTORY project team created Ukraine’s first NFT war museum one month after Russia’s full-scale invasion. Since then they have managed to raise $1,290,398 (803.28 ETH) for the Aid For Ukraine crypto fund, created by the Ukrainian Ministry of Digital Transformation together with the Ukrainian crypto platform KUNA and the blockchain company Everstake, and the Charity Foundation of Serhiy Prytula. “The idea of immortalizing the history of events in works of art and offering them to those who want to support Ukraine proved viable from day one. The drop…

DOGE Drops Towards $0.05900 Support Level Despite Elon Musk Comments – Market Updates Bitcoin News

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Dogecoin was down for a third straight session, despite Elon Musk stating earlier this week that Tesla was still holding the token. Polygon was also down, falling by almost 10% to start the weekend, as cryptocurrencies fell back into the red on Saturday. As of writing, the global crypto market cap is trading 4.81% lower. Polygon (MATIC) Polygon (MATIC) dropped by almost 10% to start the weekend, as bearish pressure intensified in crypto markets. Saturday saw the token slip to an intraday low of $0.8236, just days after nearing a…

Digital Assets Exchange Crypto.com Adds Support for Two Surging Altcoins

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Singapore-based digital asset exchange Crypto.com is rolling out support for two surging, low-cap altcoins. The crypto exchange listed the native token of Marlin (POND), an open protocol offering network infrastructure for decentralized internet and decentralized finance (DeFi). Marlin uses incentives to attract more applications and platforms to join the network. The POND token is used in staking and for governance. POND is trading for $0.013 at time of writing. The 416th-ranked crypto asset by market cap is up 14% in the past 24 hours and nearly 20% in the past…

Bitcoin Price Could Rally Again If It Stays Above This Key Support

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Bitcoin started a downside correction from the $24,000 resistance against the US Dollar. BTC is finding bids near $22,500 and might start a fresh increase. Bitcoin started a downside correction and traded below the $23,000 level. The price is now trading above the $22,000 level and testing the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $22,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to rise if it stays above $22,500…

Why Crypto Could See Summer Rally With Support From U.S. Equities

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The crypto market remains in the green with major gains over the past weeks. The general sentiment in the market is shifting as Bitcoin, Ethereum, and other top 10 altcoins regain previously lost territory. Related Reading | Why Bitcoin Must Beat $25,500 To Establish A Bull Rally The chances of an extended bullish momentum seem to be increasing as the macro-economic factors impacting risk-on assets mitigate in short timeframes. The U.S. Federal Reserve (Fed) has begun a period of no contact with the media, and dollar inflation seems bound to decline.…

Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury – Altcoins Bitcoin News

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On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native token.” The collaboration will give institutions holding near protocol (NEAR) tokens the ability to store and stake the coins via Bitgo’s platform. Bitgo Partners With the Near Foundation The digital asset financial services firm Bitgo has inked a partnership deal with the Near Foundation, the non-profit foundation headquartered in Switzerland that’s responsible for the development and core…

Bitcoin price moves toward $24K and traders expect further upside, after a support retest

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Crypto fans are rejoicing at the sight of green across the market on July 19 as the months of “down only” price action has finally come to an end after the market flashed its first substantial relief rally in at least a month.  Data from Cointelegraph Markets Pro and TradingView shows that much of the newfound excitement is the result of Bitcoin (BTC) breaking above resistance at $23,000 to hit a daily high of $23,447, its first meaningful move above the 200-week moving average. BTC/USDT 1-day chart. Source: TradingView While…

Cardano (ADA) Trades Sideways After Losing Major Support, Will The Current Support Hold?

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Cardano has depreciated on its chart considerably over the past few days taking away most of the weekly gains. Over the last 24 hours, ADA lost 2% of its value dragging price down to $0.42 on the four hour chart. ADA lost critical support of $0.44 which it tried to defend multiple times. After sloping downwards, now the coin has been trading laterally. The next major support level for ADA lies beneath the $0.40 mark. Technical outlook reflected bearishness on the chart. If ADA continues to display mundane price movement…