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Mar 31, 2024 at 14:54 // Price Author Coin Idol The price of Binance Coin (BNB) has maintained its uptrend and returned above the 21-day SMA. Long-term outlook for the BNB price: bullish The 21-day SMA support remains intact and points to further upside for the price. An uptrend occurred on March 13, but buyers were unable to break above the $645 peak price. Today, BNB reached a high of $607 in an attempt to break and surpass the $645 resistance. BNB will rise above the overhead resistance of $700 if buyers break above $645. If BNB is unable to sustain...

The Litecoin price surged 13% in the past 24 hours to trade at $109 as of 6:55 p.m. EST on a 148% leap in trading volume to $1.95 billion. This leap made Litecoin the top gainer among the top 100 performing cryptos after the Commodities Futures Trading Commission (CFTC) said the token is a commodity. The CFTC made the remark in a a lawsuit against crypto exchange KuCoin, a comment that is positive for the token because it suggests it is outside the regulatory reach of the the Securities and Exchange Commission (SEC), which has waged a war against cryptocurrencies. Litecoin Price Sees A Parabolic Turn Surpassing The March 11 High LTCUSDT Analysis By Tradingview The Litecoin price indicates a gradual uptrend breaking out of a consolidation channel. This allowed the bulls to bounce back from losses around the $70 support level, pushing the price to $105 on March 11.  However, the momentum faced rejection at this point, leading to a downward trend that saw the bulls retreat to...

Ethereum has, for the most part, established a foothold above the $3,500 price level throughout the week as investors continue to anticipate a return to the $4,000 mark . Interestingly, the optimism has seen the open interest of Ethereum surging to new highs . The surge in open interest, although a bullish sentiment indicator, can also serve as a bearish signal of an impending change in market trend.  Ultimately, this metric added to the current dynamics of the Ethereum ecosystem, including regulatory uncertainty and scalability concerns hinting at a complicated price trajectory for the price of Ethereum. Ethereum Open Interest Reaches New High Open interest is an efficient method for tracking the total number of open positions in a particular contract. Recent market dynamics and institutional investor interest have seen the total open interest in Ethereum futures surging above records set in the 2021 bull market phase. ...

A new report published by BMO Capital market analysts has brought forth interesting insights concerning the price of silver and gold. As major market contenders erode the value of the USD, precious metals like gold and silver are set to gain steady price momentum in the future. With the USD’s valuation fluctuating and dipping to new lows, users have now started to flock and purchase gold and silver as a hedge against inflation and economic meltdowns. The ratio has documented a sudden spike, with speculations signaling the USD losing its prestige on a global platform.  Also Read: Indian Rupee May Spell Trouble For the US Dollar, Expert Warns USD is Slowly Losing its Power Source: WatcherGuru With elements like de-dollarization and multipolar currencies in the mix, the value of the USD is shaking and hitting new lows. A new insight outlined by The Kobeissi Letter on X highlights that the US dollar is undergoing a perpetual bear market momentum.  “The p...

Mar 28, 2024 at 10:37 // Price Author Coin Idol The price of Ethereum (ETH) has been fairly stable over the past week. Price Analysis by Coinidol.com. Long-term analysis of the Ethereum price: bearish The price of Ether has remained steady, hovering between $3,200 and $3,700, with minimal price fluctuation over the past week. On March 27, Ether price was rejected at the 21-day SMA or resistance level of $3,700. Ethereum's up trend will continue if it breaks through this resistance level. Ether is currently trading at $3,592. However, if the current ...

De centralized Physical Infrastructure Networking, commonly known as DePIN, is swiftly emerging as one of the most dynamic sectors within the web3 ecosystem, profoundly influencing the daily lives of individuals across the globe. The essence of DePIN net works lies in their ability to harness incentives, encouraging people worldwide to collaboratively construct and maintain infrastructure. This infrastructure is crucial for a variety of applications, including computer rendering, electric vehicle (EV) charging, and telecommunications net works . Helium: Pioneering the Future of Decentralized Connectivity A prime example of this innovation is Helium, which is at the forefront of developing the world’s most rapidly expanding de centralized wireless network. Helium isn’t just a mobile service provider offering affordable $20-a-month 5G connectivity through its community-driven Helium Mobile network; it’s also a testament to the power of collective effort. Abhay Kumar...

Tether has added native USDT on Celo blockchain. Celo ecosystem partners across P2P payments, lending, and remittances will leverage the stablecoin in their operations. Tether’s USDT is now live on Celo, a mobile-first and EVM-compatible blockchain. USDT integration on the Celo mainnet bolsters the blockchain platform’s stablecoin adoption and real-world assets (RWAs). “ This expansion introduces USDT to Celo’s robust ecosystem with over 1,000 partners in 150 countries, including Opera MiniPay’s ultralight stablecoin wallet in Kenya and Ghana, among other countries ,” the Celo Foundation said in a blog post. Tether and Celo initially announced their partnership on March 11. At the time, Tether CEO Paolo Ardoino commented that USDT integration on Celo was a “significant step forward” in the company’s mission to bring crypto to millions of people around the world. Ardoino noted Tether would leverage Celo...

Coldstack partners with NucoCloud. This partnership is set to reshape the landscape of  decentralized cloud computing  and  propel the adoption of blockchain technologies  to new heights. Coldstack, a groundbreaking Decentralized Cloud aggregator, is teaming up with nuco.cloud , an innovative decentralized mesh hyperscaler, in a partners hip set to transform how cloud services are utilized worldwide. The ColdStack platform provides users with access to decentralized storage networks, offering cost-efficient solutions through AI technology. The platform ensures compatibility with AWS, uses the $CLS token for access, and aims to empower global users to manage data securely in a decentralized setting. nuco.cloud is a pioneer of innovation in cloud computing, harnessing the combined computing power of a worldwide community to establish a Decentralized Mesh Hyperscaler. This revolutionary method not only supports sustainability by utilizing unused computing resources but also enables excep...

Tether Operations Limited, one of the leading companies in the crypto currency industry, announced a strategic shift into artificial intelligence (AI) on March 26th, 2024.  This move signals the company ’s interest in expanding its technological influence extending further than crypto currency, as reported by Tether . “Artificial intelligence stands poised to revolutionize nearly every facet of our lives, both in the real and digital worlds,” said Paolo Ardoino, CEO of Tether. “Our investment in Northern Data Group, known for resilient and high-performance technologies, aligns perfectly with our vision. Today’s announcement establishes a new division within Tether, redefining AI boundaries and democratizing privacy-preserving open AI technology while setting industry benchmarks for innovation, utility, and transparency.” Picks for you Radicle 1.0 goes live, spearheading decentralized code collaboration 1 hour ago 'Nvid...

The Bitcoin price pumped over 4% in the last 24 hours to trade at $70,350.63 as of 2:25 a.m. EST as investors rush to scoop up BTC before the Bitcoin halving. The Bitcoin Price Managed To Flip A Key Resistance 4-hour chart for BTC/USDT (Source: TradingView ) The Bitcoin price managed to break above the $68,863.99 resistance level in the past 24 hours after it printed a series of higher highs and higher lows on its 4-hour chart. If buyers continue to push the leading crypto’s price higher in the upcoming days then BTC might attempt to flip the $72,564.10 barrier into support as well. Thereafter, the Bitcoin price could have the foundation needed to rise above its previous all-time high to record a new peak in the following few days. This bullish thesis might be invalidated if the crypto king breaks below $68,863.99 in the next 24-48 hours. A wave of panic selling may then take place, which could pull the Bitcoin price down to as low as the next key support level at $65,847.2...

Bitcoin whales have been very active in the past few days as the crypto continues to trade below $68,000. Notably, on-chain data has shown a trend of accumulation among Bitcoin whales, with large bouts of the cryptocurrency leaving crypto exchanges into private wallets.  These massive transfers appear to have piqued the interest of a few investors who are keeping a watchful eye, as this accumulation pattern points to a price increase up ahead.  According to various posts by whale transaction tracker Whale Alerts, Bitcoin whales have recently transferred $2.3 billion worth of BTC in a span of 24 hours, indicating their bullish sentiment. Similarly, crypto analyst Ali Martinez recently revealed that over 25,000 BTC worth approximately $1.60 billion had been transferred into accumulation addresses. Bitcoin Whale Accumulation Signal Price Surge Ahead Bitcoin has largely traded below $69,000 since March 15, struggling to regain the momentum that saw it shoo...

Shiba Inu was trading with four ‘zeroes’ on January 1, 2024, at a price range of $0.00001030. Therefore, an investment of $1,000 could have made investors accumulate nearly 97,087,378 (97 million) SHIB tokens. SHIB kick-started a massive rally during Q1 of 2024 delivering stellar profits to investors. The U.S. Securities and Exchange Commission (SEC) approved the Bitcoin ETF in mid-January this year leading to the price rally. Bitcoin rallied hard and hit a new all-time high of $73,737 in mid-March while Shiba Inu followed suit. Also Read: Shiba Inu (SHIB) Price Prediction After Bitcoin Halving Source: Coingecko While Bitcoin reached its ATH, Shiba Inu’s price also hit a yearly high of $0.00004400 at the same time. Both BTC and SHIB printed stellar profits to investors who took an entry position before January 2024. Also Read: Shiba Inu: How To Make $1 Million If SHIB’s Price Hits $0.001 Shiba Inu: If You Invested $1,000 on January 1, 2024, How Much...

The impending bull run has caused an increase in portfolio additions, including new tokens and initial coin offerings (ICOs). With Investors actively seeking various market entry points, new launches, listings, and presales are becoming more prevalent. Many newly listed tokens are witnessing upward trends, while presales featuring promising use cases garner increased adoption. Insidebitcoins has curated a selection of such promising coins. Through comprehensive Analysis , we explore their tokenomics, use cases, partnerships, and other key Features contributing to their appeal as investment prospects. New Cryptocurrency Releases, Listings, and Presales Today Fluence launched its mainnet yesterday, marking a significant advancement in its mission to revolutionize decentralized computing. Meanwhile, Tweety has embarked on a deflationary strategy, burning a substantial portion of its total supply, including 40% of TWEETY ETH and 51% of TWEETY BNB, consequently boosting the value of ea...