Author: CryptoHoppers
Over the past seven days, the Shiba Inu price has shown strong signs of a bullish reversal. A technical analysis of Shiba Inu (SHIB) against the US Dollar (USD) reveals a compelling narrative of a breakout from a bearish pattern that could signal a strong bullish reversal. Shiba Inu Price Confirms Breakout Since mid-December 2023, SHIB has been trading within a descending parallel channel, as observed on the daily chart. This channel, characterized by two parallel downward-sloping trendlines, has framed the price action, creating a series of lower highs and lower lows—a classic bearish signal within market structure. The breakout…
Dubai, UAE, February 14th, 2024, Chainwire CoinMarketCap Research’s latest analysis examines APENFT and its mission to bridge physical fine art and NFT technology. The report explains how APENFT registers renowned traditional artworks on-chain as non-fungible tokens (NFTs). By converting famous paintings into NFTs, the project demonstrates expanded use cases for NFTs beyond digital collectibles. The report reveals how this process creates new avenues for artists to engage collectors by tokenizing their physical masterpieces. Unlike most NFT projects focused solely on digital artwork, APENFT takes this approach to pioneer new models of connecting real-world art with Web3 infrastructure. These on-chain versions…
Bitcoin’s ascent beyond the $51,000 mark has propelled the Crypto Fear and Greed Index (CFGI) into the “greed” territory, registering a notable 74 out of 100. Just a day earlier, the CFGI soared to an impressive peak of 79, denoting “extreme greed” and marking its highest point since 2021. Crypto Fear and Greed Index Score […] Source link
As cryptocurrencies continue to grow in popularity among retail and institutional investors, crypto exchanges are competing to provide the most robust and seamless trading experiences. Coinbase, one of the largest cryptocurrency exchanges globally, recently launched Coinbase Advanced Trade, replacing its previous advanced trading platform Coinbase Pro. Coinbase Advanced Trade offers a dedicated space tailored specifically for advanced crypto traders. The goal is to consolidate all of Coinbase’s services into one streamlined and intuitive platform to meet traders’ needs. This eliminates the complications traders previously faced in having to transfer between Coinbase’s various products. A key focus in developing Advanced Trade…
In a bold move that intertwines the legacy of Ethereum with the innovation of contemporary NFT platforms, Magic Eden is set to revolutionize the digital art and collectibles space. Scheduled for February 27, the launch of Magic Eden’s Ethereum marketplace is not just another entry into the crowded space of NFT platforms. It represents a strategic collaboration with heavyweight projects like Bored Ape Yacht Club (BAYC), Azuki, and Pudgy Penguins, alongside a tech partnership with Limit Break. This initiative is poised to redefine what creators and collectors can expect in terms of cost efficiency and support for creator rights. We’re…
Getting a second credit card can bring you more purchasing power, access to better rewards and increase your credit score. However, it also has its disadvantages. In this article, we’ll explain how to choose the best second credit card as well as the pros and cons of getting a second credit card. The benefits and disadvantages of getting a second credit card A second credit card can be a smart decision, but it can also introduce some additional risks and costs. Let’s quickly summarize the main benefits and disadvantages of getting a second credit card. Increased purchasing power Potential to…
Posted: November 11, 2020 China Construction Bank Corporation which is one of the “big four” banks in the People’s Republic of China is reportedly launching the sale of $3 billion worth of debt on a blockchain. The digital bonds can be bought for US dollars or bitcoin and will be listed on a regulated Malaysian digital asset exchange. However, this would be “the first digital security” issued by a Chinese bank on blockchain tech, according to the Principal officer of the bank’s Malaysian branch, Felix Feng Qi. Chief executive at Fusang Exchange, Henry Chong said in a statement: If this…
Solana Mobile, a smartphone-focused subsidiary of Solana Labs, has announced that its second mobile phone, Chapter 2, has reached 100k preorders in less than 30 days, hitting a milestone that now guarantees the production of the hardware device. The company reported that the preorder price of $450 will be maintained only for the next two […] Source link
In today’s rapidly changing digital finance realm, airdrop initiatives have emerged as a key strategy for entities involved in cryptocurrency, blockchain technology, and non-fungible tokens (NFTs). These organizations implement airdrop campaigns to efficiently distribute tokens or digital assets directly into the digital wallets of both current and prospective users. The logic behind such airdrop campaigns is complex, covering aspects like marketing, community development, incentive schemes, and enhancing the security of the network. This discussion aims to uncover the strategic foundations of airdrop initiatives, highlighting their role as not just mere acts of generosity but as deliberate strategies by forward-thinking market…
In the ever-evolving landscape of digital creation, the recent breakthrough by Limit Break is nothing short of revolutionary, promising to redefine the norms of royalty distribution and security within the Web3 ecosystem. This thrilling advancement is set to empower creators like never before, ensuring their innovative work is protected and rewarded in ways previously deemed impossible. Understanding the Challenge For years, creators utilizing protocols such as ERC721 and ERC1155 have faced significant vulnerabilities. These protocols, while foundational to the NFT space, lacked critical defense mechanisms against covert protocol abuses by Web2 exchanges. This gap has not only resulted in lost…