Since mid-January, Bitcoin has been stuck in a sideways movement, breaking out of a parallel upward channel to the downside. However, the monotony might soon come to an end, as indicated by the Bollinger Band Width (BBW) indicator. The BBW is a derivative of the Bollinger Bands, which consist of an upper and lower band
ERC404, the latest token standard in the blockchain world, is making waves with its unique combination of features from both ERC20 and ERC721 standards. Since its introduction, the crypto community has shown great interest in this experimental standard, leading to an astonishing $87 million in trading volume on decentralized exchanges within the first week alone.
Grayscale CEO Michael Sonnenshein emphasized the importance of advocating for the development of a robust listed options market for spot Bitcoin exchange-traded funds (ETFs). In a statement on Feb. 5, Sonnenshein expressed his belief that it has never been more crucial to push for the approval of spot Bitcoin ETF options. The absence of listed
The partnership between GoDaddy and Ethereum Name Service (ENS) marks a significant milestone in the world of Web3. By allowing users to seamlessly link their .eth domains with traditional DNS top-level domains, this partnership eliminates the barrier of high gas fees. This article explores the implications of this collaboration and its potential to shape the
Bitcoin, the flagship cryptocurrency, finds itself at a critical juncture, as it hovers between potential upward and downward movements. Analysts are closely watching the current price action and utilizing various indicators to predict the next move of this influential digital asset. One such analyst, Eric Krown Crypto, recently shared his insights on Bitcoin’s future trajectory
Cryptocurrency analyst Michaël van de Poppe has declared that altcoin season has arrived, urging investors to make entries at value while they still can. With the Bitcoin halving on the horizon, van de Poppe suggests that the next three to eight months present the best opportunity to invest in alternative cryptocurrencies, or altcoins. With numerous
Bitcoin, the largest cryptocurrency, has been experiencing a period of stagnation in recent times, leaving many investors uncertain about its future. Despite the lackluster price action, on-chain data reveals an interesting trend – the number of whale wallets, those holding between 1,000 and 10,000 BTC, has been steadily increasing. This accumulation by large holders indicates
The much-awaited Avalanche first-person shooter game, Shrapnel, has finally made its grand entrance on the Epic Games Store. This exclusive release, titled “Shrapnel Training Exercises One” (STX1), is only accessible to those who have acquired the game’s “Extraction Pack” access keys. As part of the early access launch, players are granted limited three-day play windows,
The cryptocurrency market has been showing signs of recovery, and analysts at Coinbase are optimistic about the future performance of Bitcoin and the overall crypto market in Q2 2024. Despite the recent market fluctuations, Bitcoin has gained 3.31% in the last week, reaching a trading value above $43,000. This positive trend has led analysts to
With the recent recovery of Binance Coin (BNB) and the revival of Binance Smart Chain activity, crypto traders are shifting their focus to potential investments. One particular token that has caught the attention of many is eTuktuk, a green crypto startup aiming to revolutionize urban transportation in developing countries. This article delves into the reasons
