A cryptocurrency analyst has recently highlighted Polkadot’s potential decline based on a sell signal forming in its weekly price chart. The analyst, Ali, points out the TD Sequential sell signal, which is a tool commonly used in technical analysis to identify possible points of reversal in an asset’s price. The TD Sequential indicator consists of
The rapidly evolving realm of cryptocurrencies has given rise to numerous platforms catering to the needs of crypto enthusiasts. Among these, Launchpad XYZ has emerged as a comprehensive Web3 trading platform that is garnering significant interest among seasoned crypto experts. With multifaceted functionalities and an innovative approach, Launchpad XYZ has achieved remarkable success in its
Solana, a popular cryptocurrency, has experienced substantial growth in recent months, attracting a large number of new users. In December alone, Solana’s price nearly doubled, capturing the attention of investors and enthusiasts. This surge in popularity is reflected in the blockchain’s user engagement, which has reached a new milestone of over 16.45 million addresses. Additionally,
The world of cryptocurrency is buzzing with excitement as Solana, a relatively new digital asset, surpasses the trading volume of Bitcoin and Ethereum on major centralized exchanges. Conor Grogan, a director at Coinbase, was the first to notice this significant milestone. He pointed out that SOL, the native token of the Solana network, saw more
The Shiba Inu burn initiative has started the week on a positive note with a substantial increase in its token burn rate over the past 24 hours. Data from Shibburn, the platform that tracks SHIB token burns, reveals a staggering 5,043% increase in the burn rate. During this period, over 53.13 million SHIB tokens were
Bitcoin miners have experienced significant growth in their daily transaction fee revenue in 2023. According to data from Coinmetrics, miners are now collecting an average of $2 million per day, which marks a 400% increase compared to the previous year. This surge in revenue has added to the total of $57 billion that miners have
The Japanese government recently made a significant decision to discontinue the imposition of unrealized gains tax on crypto assets held by corporations. This move, approved in a December cabinet meeting, is expected to come into effect on April 1, 2024, and marks a notable shift in Japan’s taxation policies related to cryptocurrencies. Under the previous
Bitcoin has experienced a remarkable surge in value this year, soaring from around $16,500 at the beginning of the year to nearly $44,000 at present. This impressive growth has led many experts to believe that Bitcoin’s upward trajectory is far from over. In fact, industry data provider Kaiko suggests that Bitcoin is poised for a
XRP, the native token of Ripple, has once again caught the attention of the cryptocurrency market with its upward movement. Over the past day, XRP has risen by over 2%, generating an impressive $1.19 billion in trading volume. Despite the legal challenges it has faced, XRP has shown resilience and made headlines throughout the past
In a landmark decision, the EthereumPoW (ETHW) organization has announced its dissolution, marking a significant step towards its goal of achieving complete decentralization. The move comes after extensive discussions and a consensus among the majority of members, in line with the commitments made during the initial fork. The dissolution of the EthereumPoW Core development team
