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Ethereum Price Prediction as ETH Sits on Long Term $1,800 Support – When is the Next Leg Up?
9.6.2023
The Ethereum price has slipped by 0.3% in the past 24 hours, while keeping to the $1,800 support level it has held for several months now.
At $1,834, ETH is down by 2.5% in a week, following legal actions from the SEC that have served to depress pretty much the entire cryptocurrency...
Chinese Yuan, Euro, Digital Currencies Challenge US Dollar Dominance, TD Economist Says
7.6.2023
A senior economist at financial services firm TD says the Chinese yuan, the euro, and digital currencies could erode the U.S. dollar’s dominance. “Several countries have shown frustration with the dominance of the dollar and are pursuing alternatives for conducting international trade...
Consensus Survey: TradFi Investors Remain Bullish on Crypto’s Long-Term Prospects
23.5.2023
Despite the market turmoil of the last six months, investment managers say they largely plan to keep putting capital into digital assets, our survey finds
Bitcoin Voucher Provider Azteco Secures $6 Million Funding Round Led by Jack Dorsey
20.5.2023
On Thursday, California-based bitcoin voucher company Azteco revealed it had garnered $6 million in seed funding through a round spearheaded by Block, Inc.’s CEO and chairperson, Jack Dorsey. Azteco stated that the newly acquired capital would further its objective to “provide...
Gallup Poll: Americans’ Preference for Real Estate, Crypto Plunges — Fondness for Gold Skyrockets
14.5.2023
A recent Gallup Poll reveals a significant decline in the percentage of Americans favoring real estate as their preferred long-term investment, despite its continued popularity. Conversely, the Gallup survey indicates that the perception of long-term investments in gold has experienced an almost...
Bitcoin Price Prediction as BTC Approaches Long-Term $25,000 Support Level – Will the Price Hold?
12.5.2023
As Bitcoin approaches the long-term support level of $25,000, there are speculations about whether the price will hold or experience further decline.
Traders and investors closely monitor the market dynamics to determine the next potential move for the leading cryptocurrency. The price prediction...
Long-Term Bitcoin Holders Boost Their Stash as BTC Prices Decouple From Nasdaq
11.5.2023
Long-term holder wallets are witnessing net accumulation at the fastest pace since October 2021
Fed Chair Warns of ‘Uncertain and Adverse’ Consequences of US Debt Default — ‘We’d Be in Uncharted Territory’
6.5.2023
Federal Reserve Chairman Jerome Powell has warned of “highly uncertain and adverse” economic consequences if the U.S. defaults on its debt obligations. “No one should assume that the Fed can protect the economy from the potential short and long-term effects of a failure to pay our bills...
Biggest Movers: DOT Drops to 6-Week Low on Tuesday
2.5.2023
Polkadot was one of Tuesday’s biggest movers, as the token dropped to a six-week low in today’s session. Prices fell for a long-term support point of $5.60, as the global crypto market cap was once again 1% lower today. Avalanche also hit a price floor on Tuesday. Polkadot (DOT) Polkadot...
Long-Term Bitcoin Holders Are Profitable for First Time in 11 Months, Blockchain Data Shows
28.4.2023
Bitcoin's long-term holder spent output profitability ratio (LTH-SOPR) shows coins moved onchain that have a lifespan of at least 155 days or higher are being sold at profit. That suggests the bitcoin bear may be behind us
Terra Luna Classic Price Prediction as LUNC Approaches Long Term Support – Will LUNC Bounce Up Soon?
20.4.2023
The price of Terra Luna Classic (LUNC) has fallen to $0.00011681 today, marking a 3% decline in 24 hours and an 8% decrease in the last 30 days.
LUNC has also fallen by 19.5% since the beginning of the year, only one of the few top-100 cryptocurrencies to have not seen gains since 2023 kicked off....
TemDAO World Heritage Project Helps the Cultural Sector through Democracy-Fueled Donations
11.4.2023
PRESS RELEASE. Tokyo, Japan, April 11th 2023, Chainwire. TemDAO is a world heritage project that seeks to protect and preserve cultural assets through donations and democracy. The project, powered by the $TEM token, ensures the long-term sustainability of global cultural sites. Recently, TemDAO...
Utility and long-term profits top reasons for NFT purchases: CoinGecko study
11.4.2023
NFTs are purchased for a variety of reasons but according to a new survey from CoinGecko, the majority buy them for utility and long-term profits
ECB Member Fabio Panetta Claims Rising Profit Margins Could Be Fueling Inflation
5.4.2023
Fabio Panetta, a member of the executive board of the European Central Bank (ECB), has stated that companies increasing their profit margins could be helping to fuel inflation. In an interview with the New York Times, Panetta warned about the effect that companies increasing such margins could have...
Analyst Predicts Gold Prices Might Exceed $8,000 in the Next Decade as Central Banks Lose Confidence in Foreign Currency
27.3.2023
Jan Nieuwenhuijs, a gold market analyst, has predicted that gold might exceed prices of $8,000 during the next decade, as the current Ukraine-Russia war, and the worldwide battle against inflation, shift the preference of central banks for foreign currencies to gold. The proposed long-term price...
Crypto Observers Believe U.S. Banking Crisis Could Strengthen Crypto Ecosystem in the Long Term
16.3.2023
Robust banking solutions for crypto companies and investor interest in the resilience of the ecosystem could serve as key features in the coming months, one developer opined
‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion
11.3.2023
Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture...
Silver Proponent Predicts Medium-to-Long-Term Prices of $125 Per Ounce Thanks to Auto Industry
7.3.2023
Silver prices have been hovering just below the $21 per troy ounce mark over the last 24 hours, after jumping above the $24 range in mid-January. While long-term and modest forecasts expect silver to hit $30 by 2025 and $40 by 2027, Keith Neumeyer, CEO of First Majestic Silver, thinks medium...
Biggest Movers: XRP, MATIC Rebound on Tuesday, Following Recent Lows
7.3.2023
Xrp rose higher in Tuesday’s session, as prices continued to move away from a long-term support point. Overall, sentiment in cryptocurrencies remained largely bearish, with the global market cap down 0.34% as of writing. Polygon was also in the green at the time of writing. XRP XRP, formerly...
3 cryptocurrencies with long-term growth potential: Litecoin (LTC), Ethereum (ETH), and Orbeon Protocol (ORBN)
7.3.2023
Litecoin (LTC), Ethereum (ETH), and Orbeon Protocol (ORBN) are among the most talked-about cryptocurrencies. These crypto projects have posted some convincing growth numbers lately. However, Orbeon Protocol (ORBN) is the most profitable investment option, as it has grown by 1988% during its ongoing...