Author: CryptoHoppers
Moving Averages serve as widely embraced technical tools in cryptocurrency trading, valued highly for their simplicity and efficacy. They furnish high-quality signals, inviting experimentation with various combinations to enhance efficiency. Among these strategies, the golden cross emerges as a pivotal pattern deserving thorough exploration. This phenomenon, indicative of trend shifts or continuations in market dynamics, encapsulates the essence of strategic cryptocurrency price action trading. Delving into its intricacies illuminates pathways for informed decision-making and amplifies the potential for successful investment outcomes. 1. What’s a Moving Average in Crypto Trading Any discussion about ‘Golden Cross’ should start from exploring a root question: what…
In an event that’s sending shockwaves through the digital art and cryptocurrency spheres alike, the Cryptopunk universe has just witnessed its second-highest sale ever. A unique, headband-wearing ‘Alien Punk’ from the famed Cryptopunk NFT series was sold for a staggering $16 million. This monumental transaction underscores the growing value and appeal of non-fungible tokens (NFTs), especially those with a rare and sought-after status within their collections. The Rise of Cryptopunk #3,100 Cryptopunk #3,100, affectionately known within the community as an ‘Alien Punk’, has become a symbol of the exponential growth seen in the NFT market. With its distinctive headband, this…
Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur a cost of $66. Transfers and Dex Swaps Costlier as Ethereum […] Source link
According to the latest figures, Microstrategy’s investment in bitcoin has doubled, showing a 116% increase after the cryptocurrency’s value experienced a significant rise this past week. The company, specializing in business intelligence, has acquired a total of 193,000 bitcoins at an expenditure of $6.122 billion, with the current market value of their holdings soaring to […] Source link
The ever-evolving cryptocurrency landscape can be daunting, even for seasoned traders. But don’t worry, as there are platforms like QuantWise which aim to transform individuals from curious observers into empowered crypto traders. Launching soon, this comprehensive platform equips you with the knowledge, resources, and, most importantly, the AI-powered tools to navigate the dynamic world of crypto with confidence. At the heart of QuantWise lies CryptoGPT, your very own AI-powered trading companion. Imagine having a seasoned crypto expert by your side. That’s essentially what CryptoGPT is. But before diving into this revolutionary tool, let’s find out more about QuantWise. What is…
Embracing Change and Evolution At NFTCulture, we’re always on the lookout for the pivotal moments that define the trajectory of the NFT world. Today, we dive into the exciting evolution of Art Blocks, a platform that has been a beacon for generative art enthusiasts. Art Blocks’ recent announcement marks a significant milestone, showcasing their commitment to fostering artist creativity and enhancing collector experiences in the rapidly evolving web3 space. Listening, Building, Evolving Art Blocks has been a name synonymous with quality and innovation in the generative art space. Their recent communication to the community underlines a strategic pivot towards a…
Shiba Inu (SHIB) has been gaining a lot of traction lately, with the meme token seeing an increase in the number of addresses created. This uptrend in the crypto token’s expansion is significant as it could spark a surge in SHIB’s price and possibly a new all-time high (ATH). Shiba Inu Sees 2,000% Increase In Daily Addresses Data from the Market Intelligence platform IntoTheBlock shows that SHIB has been attracting over 8,400 new daily addresses in March. This represents almost a 20 times increase from its February daily average. The meme coin’s new daily addresses peaked on March 5, recording…
For tech enthusiasts aiming to thrive in this fast-paced world, it’s vital to grasp every industry development. This monthly report simplifies blockchain analysis, giving you a clear look at the latest happenings.With top-notch data, it’s an easy guide to stay updated on the ever-changing blockchain scene and be aware of major trends. Let’s dive in and get a straightforward understanding of the present state of the blockchain landscape.1. Blockchain Performance: A General Analysis Understanding the dynamics of blockchain performance can be intricate, but by delving into Total Value Locked (TVL), we gain valuable insights. Let’s explore how this metric shapes our…
In a CNBC interview, Pomp Investments’ Anthony Pompliano delivered an optimistic forecast for bitcoin, suggesting a potential rise to $138,000 per unit shortly. He pointed out that historically, bitcoin has doubled its value within 18 days or less after surpassing previous peak prices on three out of four occasions. Pomp Investments’ Founder Envisions Bitcoin Outperforming […] Source link
Share this article Bitcoin (BTC) reached a new all-time high at $70,066,38 on Binance after jumping 6% in 24 hours, according to data from TradingView. A quick 3% pullback came shortly after the new price peak, taking BTC to $67,957,84 at the time of writing.Ethereum (ETH) followed BTC’s sharp growth and breached the $4,000 price level on the Binance order book. Meanwhile, data aggregator CoinGecko shows a jump in meme coin prices for the past 24 hours, with PEPE rising over 31%, WIF registering a 27% leap, and BONK showing 16% growth in that period. Bitcoin recovered completely from its…