In Brief BONK price fell to trade at $0.00003571 and will likely observe consolidation going forward. The Open Interest shows that contracts worth nearly $8 million have been pulled in 48 hours. However, the Relative Strength Index (RSI) bounces back up from the neutral line at 50.0. BONK’s price is no stranger to volatile moves,…
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In Brief PEPE price is bouncing back from the support of $0.00001369, heading towards $0.00001725. The large wallet holders support the outcome, having bought 2 trillion PEPE last week. About 30 trillion PEPE worth $377 million is also at the cusp of turning profitable, keeping investors motivated. PEPE price made history this week and could…
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In Brief Adhering to AML standards is crucial for compliance and preventing legal issues in the crypto industry. Innovations like zero-knowledge proofs help balance compliance with privacy in cryptocurrency. Effective contract crafting and robust dispute resolution are key for navigating regulatory challenges. Navigating the regulatory environment of the cryptocurrency industry worldwide can be a daunting…
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In Brief Toncoin’s price is close to breaching the critical resistance of $6.50, which could support a rise. The overall deposits on the exchanges at the hands of FET holders have hit a two-month low. Selling is out of the way because the supply held by short-term holders has dropped considerably this week. Toncoin’s (TON)…
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In Brief GameFi’s revival driven by innovation, market adaptation, and a growing global audience. Southeast Asia’s tech-savvy population plays a crucial role in GameFi’s resurgence. Balancing asset scarcity and accessibility is vital for sustainable GameFi ecosystems. GameFi, once a buzzword in the cryptocurrency market, is now resurging with a vengeance. This revival is driven by…
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In Brief Crypto analysts predict substantial gains for investors in the upcoming altcoin season. Strategic positioning and timing are crucial; altcoins could yield 100x returns in months. A whale’s $25 million altcoin purchase signals market confidence, boosting optimism. A prominent cryptocurrency analyst, Cyclop, has declared the beginning of an impending altcoin season, predicting significant gains…
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In Brief Avalanche’s price recently broke out of its consolidation within $39 and $31, which it might fail. Market cues suggest a decline is next for the altcoin as the MACD is close to a bearish crossover. Nearly $409 million worth of AVAX is sitting between $37 and $41, awaiting profits, creating resistance. Avalanche’s (AVAX)…
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In Brief XRP price is in a gradual uptrend, targeting a close above $0.56, but this may take some time. Long-term holders have suddenly begun moving their holdings around, pulling away from the pattern. Participation is also consistently declining, which suggests liquidity could also be taking a hit. Although Ripple (XRP) price may not have…
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In Brief ADA’s price decline caused most holders to book losses, with daily transactions in losses exceeding those in profit. At press time, ADA traded at $0.45, with 59% of holders “out of the money,” while only 37% held at a profit. Negative Elder-Ray Index and down trending RSI indicate bearish momentum, but MVRV ratio…
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With the growing demand for Artificial Intelligence or AI, there is now more than ever a need to integrate AI with blockchain technology to reap its benefits. These benefits include but are not limited to decentralization, increased security, and privacy of users’ data. BNB Chain is making this integration a reality by providing a robust platform that…
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