Bitcoin heads into FOMC day on 24-hour highs amid concern over $24.3K top

Bitcoin (BTC) attempted to claw back losses on July 27 as a macro day of reckoning arrived for risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis: $24,300 resistance “not a good sign” Data from Cointelegraph Markets Pro and TradingView confirmed a 24-hour high for BTC/USD prior to the day’s Wall Street open. The pair had sunk below $21,000 in the first portion of the week, heightening nervousness among traders already wary of potential headwinds from the United States Federal Reserve. Likely chop for equities going into FOMC which…

Top 4 Gaming Projects on Solana

Many blockchains try to build momentum in the play-to-earn gaming vertical. Thanks to its high throughput and low fees, Solana makes for an excellent candidate. Several popular games have already been built on this network and have successfully grown their communities. DeFi Land DeFi Land has become one of the most popular Solana-based blockchain games. Players can choose various gameplay types, enabling a more immersive gaming experience on the Solana blockchain. Moreover, the agriculture-oriented gameplay – involving fishing, shooting, farming, crafting, etc. – is an appealing and approachable concept. It…

Top 5 cryptocurrencies to watch this week: BTC, ETH, BCH, AXS, EOS

If Bitcoin clears its overhead resistance level, ETH, BCH, AXS and EOS could resume their uptrend with surprising strength. The bulls are attempting to achieve a strong weekly close for Bitcoin (BTC), while the bears are attempting to regain their advantage. Analysts are closely watching the 200-week moving average which is at $22,705 and BTC’s current setup suggests that a decisive move is imminent.  Many analysts expect a weekly close above the 200-week MA to attract further buying but a break below it could signal that bears are back in…

This Decentralized Exchange Is Now Competing With Curve (CRV) To Be DeFi’s Top DEX: Analytics Firm IntoTheBlock

IntoTheBlock says one decentralized exchange (DEX) is now competing with Curve’s (CRV) dominance over the decentralized finance (DeFi) space. IntoTheBlock reports that Uniswap’s (UNI) total value locked (TVL) briefly surpassed Curve’s this week. Curve had been the top DEX in terms of TVL for more than a year, according to the analytics firm. Source: IntoTheBlock The TVL of a blockchain represents the total capital held within its smart contracts. TVL is calculated by multiplying the amount of collateral locked into the network by the current value of the assets. IntoTheBlock…

BNB Was the Top Ten’s Best Market Performer in Q2, Bitcoin Takes Second Place — Solana Performed the Worst – Market Updates Bitcoin News

With the first half of the year gone, statistics from the second quarter of 2022 indicate that the crypto economy has tumbled significantly in value, and crypto tokens in the top ten market positions have lost 30% to 60% in USD value during the past three months. Q2 data further shows that binance coin managed to avoid the losses its competitors have taken, and solana was the worst market performer out of the top ten crypto assets by market capitalization. Top Ten Crypto Assets Suffered Significant Losses During the Last…

Nominate Your School for the 2022 Top Universities for Blockchain

Against this backdrop, CoinDesk is kicking off its third annual Top Universities for Blockchain ranking. We are seeking nominations for any university with blockchain courses, faculty, clubs, conferences or research. How much has the growing interest in cryptocurrencies and non-fungible tokens entered the college campus? CoinDesk has been tracking university blockchain activity since 2020. We will be scoring schools worldwide for their scholarly impact, campus blockchain offerings, employment and industry outcomes and other measures. Source link

Dogecoin Emerges A Top Gainer Despite Musk Vs. Twitter Legal Tussle

The price of Dogecoin (DOGE) has been yipping higher across cryptocurrency exchanges, nibbling at an intraday high of $0.07657 for an increase of 11% over the previous day and a 23% spike over the previous week. This unexpectedly favorable price movement underscores the fact that DOGE appears to be fully untouched by complicated legal proceedings and ambiguity surrounding the potential $44 billion acquisition of Twitter by Elon Musk earlier this year. Dogecoin Surges The top meme tokens registered the majority of the gains as the whole cryptocurrency market saw green…

Catheon Gaming Named Top Blockchain Firm in APAC Region

Catheon Gaming, an Australian-based blockchain gaming and entertainment company, has been named as one of the leading emerging giants in the Asia-Pacific (APAC) region, according to the latest joint first report by KPMG and HSBC. On Monday, July 18, KPMG & HSBC published their joint report entitled ‘Emerging Giants in Asia Pacific,’ which took a look into a comprehensive analysis of new economy businesses (such as fintech, biotech, software as a service (SAAS), etc.,) across the region, which they consider are making a lasting impact on the global business landscape…

The Cryptocurrency Billionaires Of 2021's Digital Gold Rush | Forbes

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io It’s a digital gold rush. The surge in the value of Bitcoin and other cryptocurrencies pushed nine new crypto billionaires onto the Forbes list. As the cryptocurrency market grows, so does the industry’s three comma club. When the U.S. economy tanked in March 2020, panicked investors dumped stocks and risky assets for cash and treasuries. Bitcoin’s price fell 50% in a day, and other cryptocurrencies followed as the public braced for the unknown. Twelve months later, the prospect for digital assets has…

Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, FTT, ETC

Bitcoin’s attempt to form a bottom has lured altcoin traders to focus on ETH, MATIC, FTT and ETC. The United States equities markets recovered from their intra-week lows last week, suggesting demand exists at lower levels. On similar lines, Bitcoin (BTC) also recovered from $18,910 last week, indicating that traders may be getting back into risky assets.  However, analysts remain divided in their opinion on the recovery in Bitcoin. While some believe that the relief rally is a bull trap, others expect the up-move to retest the crucial resistance at…