Latest News

The latest cryptocurrency news and analysis from around the world

Smartlink: Creating Safety in the Global Blockchain Space

The emerging demand for digital assets continues to increase in the finance industry with the boom of blockchain technology. The technology has become a more stable version with enterprise-level blockchain applications launched. However, there are still current challenges to established blockchain networks. Smartlink is one of the blockchain projects with the goal to make the […]
The post Smartlink: Creating Safety in the Global Blockchain Space appeared first on Blockonomi.

Überstate Eyes Expansion With Seed Funding

The last few years have seen a massive influx of consumers starting to make use of cryptocurrency and fintech products in mass. Partially triggered by the pandemic and the ease that these products offer, this wave of consumer migration has meant good news for firms within that space as they are able to expand and […]
The post Überstate Eyes Expansion With Seed Funding appeared first on Blockonomi.

High Cap Altcoins Under the Radar! Bitcoin, Cardano, and Solana Price To Resume Rally!

The post High Cap Altcoins Under the Radar! Bitcoin, Cardano, and Solana Price To Resume Rally! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
It’s clear that while bears prompt close signs of bullish momentum, prematurely some traders are betting their asset for a loss. Along with Bitcoin, the majority of the altcoins turned down from their respective upper resistance range. Yet, historical trends and present market sentiments point out an intensive bullish cycle in the next couple of …

Is XRP Price Elucubrating To Claim It’s ATH Of $5 By The Q1 Of 2022?

The post Is XRP Price Elucubrating To Claim It’s ATH Of $5 By The Q1 Of 2022? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
The crypto town is yet to recover from the recent crash, as the market continues to remain monotonous. The metrics of crypto land have been doling out gloomy figures, with the market cap currently at $2.37 trillion. While the 24-hour volumes are at $146,468,986,032. The dominance of Bitcoin is currently at $38.7%, whilst that of …

Algorand(ALGO) Price Prepares for a Massive Pump Ahead, Is ATH On Its Way?

The post Algorand(ALGO) Price Prepares for a Massive Pump Ahead, Is ATH On Its Way? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
Ever since the crypto space faced a similar crash to that of May, many assets are attempting very hard to recover losses. ALGO price also faced a huge drop of more than 30% and revisited lower levels around $1.3. However, the trend appears to have reversed and the asset with some pumps and dumps is …

The NFT – Faith Connexion

Over the years, Faith Connexion has been a trendsetter in fashion, creating thousands of street-wear garments seen on a number of A-List celebrities. With a style described as chic rock, edgy glamour or street couture, the brand’s clothing is sought by celebrities and trendsetters alike. This is because Faith Connexion stands out from the mainstream, representing an eclectic yet practical wardrobe for people who seek to showcase their individuality. It was only a matter of time that a brand as innovative and creative as Faith Connexion launches its own NFT, under the name Faith Tribe. Iconic brands like Louis Vuitton and Balenciaga have jumped onto the NFT hype over the past year. But why the hype and what even is an NFT? NFTs are non-fungible tokens of digital content linked to the blockchain. To get one, you need a cryptocurrency wallet, through which you can purchase NFTs on an NFT marketplace. Since NFTs are non-fungible, they are exclusive and not mutually exchangeable, unlike fungible assets (such as Bitcoin). A brand can either release exclusive NFTs, where there is only one copy of the digital work or an exclusive NFT with multiple copies. At the Art Basel Fair in Miami Beach, Faith Tribe launched its very own NFT initiative and token. However, its NFT release will come with a special spin, unseen from any other brand. Faith Tribe will be launching ten NFT collectibles that will be paired with the brand’s most iconic garments. The garments will be displayed and then sold in Faith Tribe’s showroom during the Art Basel Fair, with the garments embedded with NFT tags that prove ownership upon scanning. Faith Tribes’ NFTs at Art Basel were complemented with designer sketches and related media. The brand will also potentially invite NFT owners to exclusive virtual and live events. So buyers of Faith Tribe’s NFTs at the Art Basel Fair will not only be purchasing an iconic garment from the brand but will also be purchasing the garment’s story, with the sketches revealing how the garment came to life. They’ll be purchasing a part of Faith Connexion’s history, as the NFTs will be the first of likely many that the brand will introduce. They will also be buying access to the brand’s future, through exclusive invitations to brand events. We want in on this and you should too. Buying one of Faith Tribe’s NFTs doesn’t just mean ownership of a piece of digital work. It means an exclusive, multifaceted and memorable experience, and that’s what the brand’s about. Individuality, excitement and uniqueness. Faith Tribe’s initiative at Art Basel will be the prelude to the launch of its own token, and its own online marketplace and open-source creative platform, “Faith Tribe”. Faith Tribe will enable users to select a clothing template from more than 10,000 Faith Connexion garments in its archive as a base for their own garment design. Users can then upload their own designs and even set prices, auctions and royalty fees. Faith Tribe’s exclusive token will be used to mint the NFT, with designers and users being able to sell and buy designs on the Faith Tribe marketplace. Designs can be bought and sold with their token. Behind the idea of Faith Tribe, is Faith Connexion’s innate desire to democratize fashion and enable everyone to showcase and profit from their talent, true to its modus operandi of thinking outside of the box. The Art Basel Fair in Miami will take place in early December for those — rightfully — seeking to get their hands on Faith Tribe’s NFTs.

Massive Adoption & Bullish Sentiments Hints Massive Rally For AXIE and SAND!

The post Massive Adoption & Bullish Sentiments Hints Massive Rally For AXIE and SAND! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
The last month has been fantastic for Metaverse tokens, which have soared to unprecedented heights as a result of the news of Facebook’s renaming to meta. However, it will be interesting to see how they progress from here.  Axie Infinity and Sandbox tokens saw a surge in interest after a Bank of America strategist made …

Indian Crypto Bill: Exchange CEO Discusses What to Expect

There are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has shared his thoughts on the possible restrictions. The Indian government has listed a cryptocurrency bill to be taken up in the current session of parliament. […

Here’s Why Traders Can Expect Alt-Season Soon!

The post Here’s Why Traders Can Expect Alt-Season Soon! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
The crypto market trades in the clutches of bears as Bitcoin struggles to hit $50K. All other top altcoins on the chart are down by an average of 5%. The sideways trade continues for the market. A famous blockchain analyst is investigating whether another “alt-season” could be on the horizon as the crypto markets meander …

Phemex Is Bringing Its Community’s Dreams to Life Celebrating Its Second Anniversary

Singapore-based cryptocurrency exchange Phemex is celebrating its 2nd anniversary this November. It’s been an eventful couple of years for the derivatives platform, and with its Choose Your Reality event, this anniversary is going to be a memorable one. Phemex’s dedication to its users has created a thriving community, and to celebrate their impressive growth the […

Avalanche (AVAX) or Solana (SOL) – Which is Better “Ethereum Killer”?

The post Avalanche (AVAX) or Solana (SOL) – Which is Better “Ethereum Killer”? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
As many layer 1 platforms emerge, Ethereum’s pie at of the market share is being diluted. While many digital assets aim to be the “Ethereum Killer”, some of them have caught up and fared well, as the rest did not catch up the race. Nicholas Merten, a well-known crypto expert, is comparing two layer-1 digital …

What’s Next For MATIC, ONE & VET Price ?

The post What’s Next For MATIC, ONE & VET Price ? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
The crypto market has been trading with minimal volatility as Bitcoin tries to gain momentum and hold on to resistance at $50K. While ETH is up 3.1%, most other altcoins are still trading in red with one of the top coins SOL being down by 6.6%. Michael van de Poppe, a cryptocurrency analyst, and trader …

Ethereum Lacks Momentum Above $4,200, But Dips Likely To Be Limited

Ethereum is facing resistance near the $4,250 zone against the US Dollar. ETH must stay above $4,000 to start a steady increase in the near term. Ethereum started a recovery wave after a major drop below $4,000. The price is now trading below $4,250 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $4,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if there is a clear break above $4,250 and the 100 hourly SMA. Ethereum Price Recovers Losses Ethereum started a major decline after it broke the $4,250 support. ETH broke the $4,000 and $3,800 support levels. It traded as low as $3,327 and recently started an upside correction. There was a break above the $3,800 and $4,000 resistance levels. Ether price even climbed above the 50% Fib retracement level of the recent drop from the $4,662 swing high to $3,327 low. However, it is still trading below $4,250 and the 100 hourly simple moving average. Besides, there is a key bullish trend line forming with support near $4,150 on the hourly chart of ETH/USD. An initial resistance on the upside is near the $4,200 level. The first major resistance is near the $4,250 level. The next major hurdle is near the $4,350 level. It is near the 76.4% Fib retracement level of the recent drop from the $4,662 swing high to $3,327 low. Source: ETHUSD on TradingView.com A clear move above the $4,250 and $4,350 levels could send the price further higher. The next major resistance is near the $4,500 level. Any more gains could lift the price towards the $4,650 resistance zone in the near term. Fresh Drop in ETH? If ethereum fails to start a fresh increase above the $4,250 level, it could start another decline. An initial support on the downside is near the $4,150 level and the trend line. A downside break below the $4,150 support zone might start a steady decline. In the stated case, the price may perhaps decline towards the $4,000 level. The next major breakdown support is $3,820, below which the price could decline towards $3,650. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now well above the 50 level. Major Support Level – $4,150 Major Resistance Level – $4,250

While Bitcoin (BTC) Inches Closer to $50k, Analyst Says Market Still Remains Bullish

The post While Bitcoin (BTC) Inches Closer to $50k, Analyst Says Market Still Remains Bullish appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
After a good recovery, the cryptocurrency market has experienced a good start today. Bitcoin has gained 1.85  percent in the previous 24 hours, while Ethereum has gained 3.2 percent. The rest of the market is gradually falling, with Solana and XRP both down more than 5%. ETH Will Rise, Altcoins Will Shine One altcoin, according …

TA: Bitcoin Settles Below $50K, What Could Initiate A Fresh Rally

Bitcoin declined heavily and it even spiked towards $40K against the US Dollar. BTC is recovering, but it must clear $50K for a steady increase in the near term. Bitcoin is attempting a recovery wave above the $47,000 and $47,500 levels. The price is now trading below $50,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $48,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a decent upward move if there is a clear break above $50,000. Bitcoin Price is Recovering Losses Bitcoin price failed to stay above the $52,000 and $50,000 support levels. BTC declined heavily and broke many important supports near the $48,000 level. It even dived below the $45,000 level and traded close to the $40,000 level. A low was formed near $40,150 and the price is now recovering losses. It climbed above the $45,000 resistance zone. There was a break above the 50% Fib retracement level of the recent decline from the $57,688 swing high to $40,150 low. It is now trading below $50,000 and the 100 hourly simple moving average. There is also a key bullish trend line forming with support near $48,600 on the hourly chart of the BTC/USD pair. An immediate resistance on the upside is near the $49,600 level. The first major resistance is near the $60,000 level. The next major resistance is near $50,900. It is close to the 61.8% Fib retracement level of the recent decline from the $57,688 swing high to $40,150 low. Source: BTCUSD on TradingView.com A clear break above the $50,900 resistance zone could open the doors for more upsides. The next key resistance is near the $52,500 level, above which the price could rise steadily. The next stop for the bulls may possibly be near the $53,500 level. More Losses In BTC? If bitcoin fails to clear the $50,000 resistance zone, it could extend losses. An immediate support on the downside is near the $48,500 level. The first major support is now forming near the $47,500 level. A downside break below the $47,500 support may perhaps start a sharp decline. The next stop for the bears might be $55,000. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently near the 50 level. Major Support Levels – $48,500, followed by $45,000. Major Resistance Levels – $50,000, $50,900 and $52,500.

Buy Bitcoin

Fast and secure way to purchase 150+ cryptocurrencies. 24/7 live-chat support.