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Join Our Telegram channel to stay up to date on breaking news coverage The Dogecoin price prediction is currently making another attempt at breaking out above the $0.100 resistance level. Dogecoin Prediction Statistics Data: Dogecoin price now – $0.093 Dogecoin market cap – $12.4 billion Dogecoin circulating supply – 132.6 billion Dogecoin total supply – 132.6 billion Dogecoin Coinmarketcap ranking – #9 DOGE/USD Market Key Levels: Resistance levels: $0.120, $0.130, $0.140 Support levels: $0.070, $0.060, $0.050 DOGEUSD – Daily Chart DOGE/USD bulls were rejected around the $0.095 level as the coin relapsed to the downside. However, the Dogecoin price is hovering above the 9-day and 21-day moving averages and it’s likely to push the coin above the resistance level of $0.100 if the bulls increase the pressure. Moreover, the technical indicator Relative Strength Index (14) indicates bullish movement as the signal line moves to th...

A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such as Jane Street, QCP Capital, and Big Brain Holdings. Vest Aims to Revolutionize Defi Perpetuals With Cutting-Edge Risk-Engine and Backing From Prominent Investment Firms The creators of a new dex platform built on the Arbitrum layer two blockchain announced on Jan. 28, 2023, that the project has emerged from stealth mode. The project, called Vest Exchange, closed a seed round with investments from firms including Jane Street, QCP Capital, Big Brain Holdings, Pear VC, Cogitent, Moonshot Research, Fugazi Labs, Ascendex, Builder Capital, Infinity Ventures Crypto, and Robert Chen (Ottersec). Vest Exchange also provided a summary of the project in a blog post published on the same day. Vest belie...

The Central American country of Guatemala is getting inked on the path to greater Bitcoin merchant adoption. Bitcoin (BTC) use in Guatemala is on the up. The Latin American country that borders El Salvador boasts Guatemalan-grown Bitcoin companies such as Ibex and Osmo, several Bitcoin Beach-inspired projects including Bitcoin Lake, and now, free BTC tattoo s. A Bitcoin merchant adoption competition hosted by Osmo Wallet in 2022, a Guatemala-based Bitcoin company, led to the free ink promotion. Cointelegraph spoke to Piero Coen, the co-founder of Osmo Wallet, and Steven Marroquin, the owner of Soul’s Anchor, a tattoo parlor in Guatemala City. Free tattoo ideas from Soul's Anchor. Source: Coen  Coen explained how it that the mission is to get more people to use Bitcoin: “So we ran a competition amongst merchants to see who would process the most volume in Bitcoin sales in 2022. Turns out Soul's Anchor Tattoo Shop in Guatemala City, who started accepting Bitcoin payments using ...

Bitcoin’s Consolidation Continues as It Remains Above the $23K Support Level – January 28, 2023 BTC/USD is back in a horizontal trend after declining on January 20 as it remains above the $23K support level. In other words, Bitcoin is consolidating above the $23,000 support. The value of the biggest cryptocurrency asset has remained stable above the $23,000 level. Doji candlesticks, which have a small body and lack conviction, dominate the price movement. These candlesticks demonstrate that buyers and sellers are unsure of the market’s direction. Bitcoin Price Statistics Data: •Bitcoin price now – $23,170.53 •Bitcoin market cap – $446,531,805,837 •Bitcoin circulating supply – 19,275,687 BTC •Bitcoin total supply – $486,318,114,898 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels : $50,000, $55, 000, $60,000 Support Levels : $25,000, $20,000, $15,000 Buyers have repeatedly tried to keep the price above $23...

Bitcoin (BTC) has made gains of nearly 40% in the first month of 2023. According to the “Fear and Greed” index, BTC has entered the “Greed” phase for the first time since March 2023. At press time, the Fear and Greed score stood at 55, the highest in nearly ten months. In December 2022, the metric scored a mere 28, a sign of “Fear.” Source: Alternative.me Moreover, as pointed out by the popular figure PlanB, Bitcoin’s (BTC) realized returns are in the green once again. This means that sellers are making profits instead of cutting losses. The actual gain achieved on an asset’s value over a certain period is called realized return. Realized return just popped positive! Sellers are now taking profit (green) instead of cutting losses (blue) .. big difference🚀 pic.twitter.com/Iy8wYUgUV2 — PlanB (@100trillionUSD) January 26, 2023 Following an almost three-week-long surge, on-chain indicators for Bitcoin (BTC) appear ...

Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative. Iran and Russia Talk Stablecoin Payments for Bilateral Trade Settlements The Russian Federation is considering the creation of a stablecoin backed by gold that can be employed for cross-border settlements, including with Iran, the chairman of the Financial Market Committee at the lower house of Russian parliament, Anatoly Aksakov, told the Parlamentskaya Gazeta newspaper. “We discussed the issuance of stablecoins, digital financial assets (DFAs) backed by certain valuables. For example, I spoke about gold, gold bars, refineries can provide them, or centers where gold is stored, and DFAs are issued against these reserves,” the lawmaker explained after a visit by a Russian delegation to the Islamic Republic. Such a s...

To start mining Bitcoin at home, one needs to obtain a Bitcoin wallet and a mining rig, install the Bitcoin mining software, and join a mining pool. Bitcoin mining (BTC) is the process of adding transactions to the Bitcoin blockchain, a decentralized public ledger of all Bitcoin transactions. Miners use powerful computers to solve complex mathematical puzzles, known as proof-of-work (PoW), to validate transactions and add them to the blockchain. In return, miners receive newly minted BTC as a reward for their work. The process of mining Bitcoin involves solving a complex mathematical puzzle, known as a hash, using specialized software and hardware. The miner that solves the puzzle first is rewarded with new BTC, as well as the transaction fees associated with the transactions included in the block. Mining Bitcoin requires a significant amount of computational power and energy, as the difficulty of the puzzles has soared over time. As the number of miners on the network increases, the ...

Dogecoin slipped to a five-day low on Wednesday, as the meme coin fell for a second straight session. The move saw prices drop by over 5%, edging closer towards a key price floor in the process. Polygon also extended recent declines, hitting its weakest point since January 19. Dogecoin (DOGE) Dogecoin (DOGE) dropped to a five-day low on Wednesday, as the global cryptocurrency market cap fell by as much as 3% today. Following a low of $0.08919, DOGE/USD fell to an intraday low of $0.08245 earlier today. The move saw dogecoin hit its lowest point since January 20, which is the last time prices were trading at a floor of $0.080. DOGE/USD – Daily Chart As can be seen from the chart, the decline took place as the 14-day relative strength index (RSI) collided with a support level of its own at 55.00. In addition to this, the 10-day (red) moving average has now shifted its direction, and appears to be on course for a downward trend. Should this take place, and result in a crossov...

Join Our Telegram channel to stay up to date on breaking news coverage DeFi insurance may finally have a chance to succeed in troubled crypto markets, but only if it can overcome key obstacles. Less than 1% of the $47 billion worth of assets in the DeFi ecosystem are currently protected by a policy that will help replace them in the event of a hack or programming error. That was also true in June of last year, following the loss of the peg for Terra Luna’s algorithmic stablecoin, TerraUSD, which resulted in a $40 billion loss. The consequences of that black swan occurrence rippled through the business for the remainder of the year, and some would argue that they are still being felt today. DeFi insurance claims totaling tens of millions of dollars were made as a result as users sought to recover their losses. Since June, about 68% of the claims have been filed and paid. After surviving their baptism by fire, the businesses selling DeFi cover, the popular word used in the ...

Solana price has upheld support above $20.00 against all odds and on the backdrop of the implosion of FTX, which threatened the survival of the ecosystem. The first meme coin on Solana, BONK Inu (BONK) had everything to do with SOL’s initial rally that kicked off in late December. Solana price extended the rally into the New Year as the meme coin hype exploded. In just three weeks, SOL’s value has grown by over 150% to trade at $24.56. The smart contracts token tagged a new 2023 high of $26.53 but has retraced, possibly because investors are cashing out for profit. Assessing Solana Price Long Term Bullish Potential In 2023 Solana price must secure higher support, preferably at $24.00 to give bulls time to build momentum for the subsequent movements to the upside. Tentative support levels may be provided for by the tested accelerated rising trendline in confluence with the 50-day Exponential Moving Average (EMA) (in red) around $23.22. If sellers become ag...

Cryptocurrency products and services feature in a new clause in South Africa’s code of advertising practice introduced by the Advertising Regulatory Board. South Africa’s Advertising Regulatory Board (ARB) has included a new clause for the cryptocurrency industry aimed at protecting consumers from unethical advertising. Companies and individuals in South Africa must abide by certain advertising standards pertaining to the provision of cryptocurrency products and services in a new clause introduced to Section III of the country’s advertising code. The first clause requires that adverts, including cryptocurrency offerings, must ‘expressly and clearly’ state that investments may result in the loss of capital ‘as the value is variable and can go up as well as down.’ Furthermore, adverts must not contradict warnings about potential investment losses. Advertising for particular services and products must be explained in an ‘easily understandable’ manner for intended audiences. Adverts mu...

Join Our Telegram channel to stay up to date on breaking news coverage Filecoin (FIL) is bullish today . FIL is one of the top gainers after a n early 10% jump in the last 24 hours. At the time of writing, FIL was trading at $5.52, according to CoinGecko. Despite the increased buying pressure, there are still concerns over whether FIL will sustain the uptrend and possibly make a 10x gain. Filecoin price prediction The first three weeks of 2023 have seen a healthy increase in the price s of altcoins, and FIL has not been left behind. The total crypto market capitalization is back above $1 trillion because of this recovery. FIL has not been left behind, and an increase in trading volumes has seen the token rally higher. In the last 24 hours, FIL has reported healthy trading volumes of more than $490 million. The coin has traded between $5.02 and $5.76 in the last 24 hours, indicating an increase in volatility. FIL has a market capitalization of more than $2 billion, ranking it...