Cryptocoins News / CoinJournal - 1 year ago
BNB/USD forms a possible bearish flag pattern
The US dollar strength is not responsible for the BNB/USD bearishness
$200 provides support for now
Bitcoin rallied in 2023 and holds onto its gains. Most other major cryptocurrencies did so too, but s...
Cryptocoins News / CoinJournal - 1 year ago
The meme token recorded astounding gains in 24 hours, reaching a market cap of $70 million.
BALD, the newly-launched meme coin that went live on Base, a layer-2 chain created by Coinbase on Ethereum, skyrocketed within hours of its launch to jump to...
Cryptocoins News / CoinJournal - 1 year ago
Optimism (OP) price surged more than 7% on Sunday to reach intraday highs of $1.61.
the Ethereum layer-2 protocol unlocked 24 million OP tokens worth $38 million into circulation on July 30.
OP price could flip to $1.89 if bulls remain in control in...
Cryptocoins News / CoinJournal - 1 year ago
Ethereum is consolidating around the yearly highs
$2,000 proves to be stiff resistance
ETH/USD price action holds between a $1,000 range since May 2022
There is only one trading day left in July, and the cryptocurrency market is consolidating. Tha...
Cryptocoins News / CoinJournal - 1 year ago
Key US economic data is due this week
An increase in the US dollar’s volatility should move the cryptocurrency market too
The NFP report is the highlight of the week
The final week of July is ahead of us, and cryptocurrency traders might wan...
Cryptocoins News / CoinJournal - 1 year ago
SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards transparency.
Paul Munter, the Chief Accountant at SEC, cautioned that crypto platforms are likely to misrepresent n...
Cryptocoins News / CoinJournal - 1 year ago
Casper price is down 2% in the past 24 hours, action that mirrors broader market sentiment.
CSPR rose to $0.063 in April.
The technical picture signals continued strength despite the latest dip.
CSPR, the native governance token of Casper Network,...
Cryptocoins News / CoinJournal - 1 year ago
Fed’s July decision did not impact the cryptocurrency market
Despite rallying in 2023, ADA/USD dipped below the 2022 lows
A double bottom pattern might be in place, and a move above $0.55 would confirm the reversal pattern
Three central bank...
Cryptocoins News / CoinJournal - 1 year ago
Shiba Inu wallet addresses with 10 million to 100 billion added 1.11 trillion SHIB since June 4.
The increased whale activity comes amid bullish sentiment for Shiba Inu ahead of its Shibarium launch.
SHIB price was slightly higher on Saturday, tradi...
Cryptocoins News / CoinJournal - 1 year ago
Kannagi Finance has reportedly rugpulled, with users losses amounting to $2.13 million.
Protocol’s social media channels have been deleted or are unaccessible.
KANA token has nosedived, plunging by 99% after the incident.
Kannagi Finance, a r...
Cryptocoins News / CoinJournal - 1 year ago
Solana based Aurory has expanded to Arbitrum, a leading L2 for Ethereum.
$1 million in AURY liquidity has been added to the Arbitrum native DEX Camelot.
AURY price surged more than 22% to hit highs of $1.00.
Aurory, a leading NFT and gaming project...
Cryptocoins News / CoinJournal - 1 year ago
Bitget will list MX Token (MX) while MEXC will add Bitget Token (BGB).
Both listings will be on July 31, with trading pairs BGB/USDT and MX/USDT.
Bitget Token (BGB), the utility token of crypto exchange Bitget, will be listed on MEXC Global on July...
Cryptocoins News / CoinJournal - 1 year ago
France’s privacy watchdog reportedly questions Worldcoin’s biometric data collection.
Worldcoin, created by OpenAI CEO Sam Altman, launched on Monday.
Users have to scan their irises to get a World ID and crypto token WLD.
IIn latest cr...
Cryptocoins News / CoinJournal - 1 year ago
Key takeaways
Shiba Memu’s presale has generated more than $1.2 million in its first month.
SHMU’s price is increased daily, with the presale set to last for eight weeks.&
The cryptocurrency market has underperformed this week....
Cryptocoins News / CoinJournal - 1 year ago
Crypto.com has earned approvals from seven other regulatory bodies in the recent past.
The exchange’s approval in the Netherlands comes weeks after Binance withdrew its license application.
Crypto.com seems to be beating its main competitor Bi...
Cryptocoins News / CoinJournal - 1 year ago
The British Museum is venturing into the Metervese following its partnership with the Sandbox.
Other museums including Ukraine’s Kharkiv Art Museum have already ventured into the metaverse.
The Sandbox (SAND) token price reacted minimally foll...
Cryptocoins News / CoinJournal - 1 year ago
Chancer revolutionises betting by making it possible to predict multiple events.
Chancer launched a presale on June 13, which has been happening fast.
The token is a 50x investment in the future as blockchain-based betting gains prominence.
A...
Cryptocoins News / CoinJournal - 1 year ago
FTX and Genesis are bankrupt and have been trying to collect funds for creditors under court supervision.
The agreement will resolve FTX’s claims against Genesis debtors and vice versa.
Genesis is the largest unsecured creditor of FTX.
Defunc...
Cryptocoins News / CoinJournal - 1 year ago
Bitcoin and EUR/USD have a direct correlation
EUR/USD leads
Bitcoin’s recent bullish trend has been based solely on the dollar’s weakness
Today is the last trading day of a busy trading week in the traditional currency market. Three ce...
Cryptocoins News / CoinJournal - 1 year ago
Immutable X token went vertical on Thursday and Friday morning after a series of partnerships.
Chancer token sale has continued, with the token sale hitting over $1.2 million.
Immutable X (IMX) price went parabolic on Friday even as the crypto...
Cryptocoins News / CoinJournal - 1 year ago
Kin community adopts proposal to burn 7 trillion of supply.
The total supply of Kin is 10 trillion KIN tokens.
The price of native token KIN jumps more than 20% as traders react to news.
Kin Foundation has announced that a proposal seeking to burn...
Cryptocoins News / CoinJournal - 1 year ago
TD Cowen analyst sees upside in MicroStrategy to $520.
Lance Vitanza explained his bullish view in a research note.
MicroStrategy stock has already tripled since the start of 2023.
MicroStrategy Inc has already tripled since the start of this year...
Cryptocoins News / CoinJournal - 1 year ago
PancakeSwap initially launched on BNB Chain but is now available on five blockchains.
The zkSync Era blockchain is the most recent blockchain that the DEX will be available on.
The move is aimed at expanding PancakeSwap’s user base and increas...
Cryptocoins News / CoinJournal - 1 year ago
Optimism and Arbitrum are some of the best-known layer-2 networks.
The two network’s metrics have diverged in the past few days.
These metrics include the number of users and open interest.
Optimism and Arbitrum ecosystems have diverged...
Cryptocoins News / CoinJournal - 1 year ago
The US dollar is the global reserve currency, meaning it is a key influence on all risk assets
Bitcoin has seen its negative correlation with the dollar pick up since the transition to a tight monetary regime, meaning it tends to strengthen when the...