Polkadot (DOT) is trending upwards above the $8.80 resistance level against the US dollar. If the price settles above the $10 barrier, the rally could be extended. DOT is trending upwards above the $8.50 and $8.80 levels against the US dollar. The price is trading in the $9.00 area and above the 100 simple moving average (4-hours). On the 4-hours chart of the DOT/USD pair, there is a major bullish trendline forming around support at $9.20 (data source from Kraken). If the bears are unable to defend the $10 resistance zone, the pair may continue to rise. Polkadot price begins…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage Bonk price has surged 59% in the last 24 hours. Traded for $0.00003515 As of 3:28 a.m. EST, trading volume had increased 114% to $1.17 billion. The increase helped BONK reach its highest ever valuation after supporting BonkDAO’s ‘Learn and Earn’ campaign by European fintech platform Revolut. The plan aims to increase Bonk’s user base to 500,000. #revolution Plan to list #bonk Launches $1.2 million campaign to educate users about meme coins. An approval vote is expected to pass. #Cryptocurrency #Solana Follow us and stay tuned!…
Stack, a startup developing on-chain point infrastructure, has raised $3 million in seed funding. Venture firm Archetype led the round, with additional participation from Coinbase Ventures, Scalar Capital, A.Capital, Balaji Srinivasan, Nadav Hollander, Henri Stern, Cooper Turley and Colin Armstrong.“Stack plays a key role in the launch of the cryptocurrency application era,” Archetype founder Ash Egan told The Block. “As we enter this phase of the cycle, Archetype remains committed and excited about our consumer products and infrastructure.”Stack builds a framework to allocate and track points on-chain, including point allocation, leaderboards, and trustless token redemption. Users can redeem their points…
Sentiment towards MATIC has turned negative over the past few days. Some market indicators also declined. Polygon (MATIC) has finally pushed its price above $1 after holding its price below $1 for several months. Therefore, AMBCrypto planned to check the current state of MATIC to better understand whether it can stay above $1 in March. What is MATIC doing? The value of MATIC has surged more than 10% in the past seven days, hitting $1, raising hopes for an upside. According to CoinMarketCap, at the time of this writing, MATIC is trading at $1.10 with a market capitalization of over…
join us telegram A channel to stay up to date on breaking news coverage Dogecoin price surged 24% to $0.1616 as of 5:10 a.m. ET, with trading volume surging 85%. DOGE, the Bitcoin of meme coins, is taking its cue from BTC, with the two tokens sharing an 87% correlation. Dogecoin creator Billy Markus confirmed this relationship. He supports the fact that due to Bitcoin’s dominance, its movements could signal a surge in altcoin prices. Markus believes that Bitcoin traditionally sets the pace of market trends. Dogecoin creator (DOGE) reveals correlation between Bitcoin price and altcoins. Dogecoin creator Billy Markus…
Binance’s Web3 wallet now supports the Blast network, providing users with an Ethereum Layer 2 scaling solution with built-in earning opportunities for ETH and stablecoins. Binance, the world’s leading cryptocurrency exchange, announced that it has successfully integrated the Blast network into its Web3 wallet. This is a significant step forward in our efforts to improve user experience and functionality within the rapidly growing Web3 space. Recognized as an innovative Ethereum Layer 2 scaling solution, the Blast Network provides users with a native yield mechanism for Ethereum (ETH) and stablecoins, addressing the most pressing issues facing the Ethereum network today, including…
Cryptocurrencies have revolutionized the way we think about money and transactions. One cryptocurrency that is gaining attention in the digital world is ZeitCoin. ZeitCoin, like Bitcoin, is a decentralized digital currency based on blockchain technology. However, ZeitCoin offers unique features and benefits that make it stand out in the crowded cryptocurrency market. What is ZeitCoin? ZeitCoin was created in 2014 by a group of developers who saw the need for a faster, safer, and more efficient digital currency. ZeitCoin is built on the Scrypt algorithm and uses a Proof-of-Stake (PoS) consensus mechanism that allows users to receive rewards simply by…
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The digital asset sector has seen a notable surge, with total assets under management (AUM) increasing 27% to $65.67 billion in February 2024. This significant growth may be the result of a combination of factors, including positive momentum in the Bitcoin price and increased adoption of Bitcoin spot ETFs in the United States. Read CCData’s full report here. TLDR The digital assets sector’s total assets under management (AUM) increased 27% in February 2024, reaching $65.67 billion. Average daily total trading volume also increased 14.85% to $1.86 billion, indicating continued interest from investors. The United States solidified its lead in digital…
Hong Kong’s Securities and Futures Commission (SFC) has cracked down on fake websites pretending to be licensed cryptocurrency exchanges in the region. Regulators have identified and blocked several suspicious websites impersonating major local cryptocurrency trading platforms.Target exchanges and websitesThe SFC’s action targeted websites impersonating OSL Digital Securities and Hash Blockchain Limited (HashKey), two cryptocurrency trading platforms licensed in Hong Kong. The fake domains included hskexpro.com, hskex.com, hskexs.com, hskexit.com, oslexu.com, and oslint.com. These websites have been used by online perpetrators to trick users and possibly engage in fraudulent activities.A warning to investorsThe SFC warned investors to be cautious and check the…