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Reflections on the Immerse Technology Conference – AREA

As the dust settles on the latest conference season, I wanted to share my reflections and excitement as we resume conducting face-to-face AR events...

Reflections on the Immerse Technology Conference – AREA

As the dust settles on the latest conference season, I wanted to share my reflections and excitement as we resume conducting face-to-face AR events...

Dogecoin Gains 100K Holders In Just Three Months, Report

dogecoin-gains-100k-holders-in-just-three-months,-report

Popular meme coin, Dogecoin, has welcomed new holders into its ecosystem within the past three months. As per data from CoinMarketCap, the number of Doge holders has increased by about 2% from its July 24th number. While the coin has enjoyed increased investors, it hasnā€™t reflected in its price movement. It seems most investors are…

The post Dogecoin Gains 100K Holders In Just Three Months, Report appeared first on Bitcoin News Miner.

3 Altcoins That defy Bitcoin Dominance And Continue To Rally ā€“ CSPR, TWT, CRV

CSPR’s price remains strong despite price facing rejection from a high of $0.055 as the price holds above the key support area.Ā  TWT breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down.Ā  The price of CRV respects the downtrend line as the price aims to break out of its downtrend price movement.Ā  The crypto market has not had the Uptober that many expected, as the market has continued to range despite showing some great signs of rallying in the early part of the month. Except for a few exceptional coins, such as Casper Network (CSPR), Trust Wallet Token (TWT), and Curve DAO (CRV), have shown strength despite the growing concern for Bitcoin Dominance (BTC.D) as this could affect the price of altcoins when BTC retraces. Here are 3 altcoins that have defied the pull of BTC.D. Related Reading: Arca Firm CEO Believes Crypto Winter Has Reached The End, How True Is That? Casper Network (CSPR) Price Analysis On The Daily Chart Most projects have fared poorly in the bear market, with many experiencing more than 50% price declines, discouraging most traders and investors from stockpiling these assets. With Bitcoin’s dominance (BTC.D) rising and the price of BTC moving in a range, this has affected most crypto projects. The price of CSPR has enjoyed a somewhat good price rally. After dropping to a daily low of $0.03, the price of CSPR rallied to a high of $0.055, reclaiming its key support.Ā  CSPR’s price needs to hold above $0.045, which corresponds to the 200 Exponential Moving Average; a close above this region could push the price to $0.077. Daily resistance for the price of CSPR – $0.077. Weekly support for the price of CSPR – $0.045. Price Analysis Of Trust Wallet Token (TWT) The daily timeframe for the price of TWT has shown resilience as the price continues to maintain its bullish strength after a successful breakout from a descending triangle.Ā  TWT’s price faces resistance at $1.2; the price needs to break this region to rally higher; if the price fails to break this range, we could see the price retesting the support at $1.Ā  Daily resistance for the TWT price – $1.2. Daily support for the TWT price – $1. 3 Altcoins – Price Analysis Of Curve DAO (CRV)Ā  After dropping to a daily low of $0.5, the price of CRV bounced from that area as the price rallied to a high of $1.5 before facing rejection to trend higher. The price of CRV saw rejection as the price continued to range, forming a descending triangle with a possible breakout to a high of $1. Daily resistance for the CRV price – $1.2. Daily support for the CRV price – $0.65. Related Reading: This On-Chain Metric Suggests Bitcoin Not In Danger Of Another Sharp Drawdown Featured Image From zipmex, Charts From TradingviewĀ 

Arca Firm CEO Believes Crypto Winter Has Reached The End, How True Is That?

In 2018, the cryptocurrency world experienced a crypto winter that saw the value of assets fall below 70-95% of their original value. This period lasted from January 2018 to December 2020. Currently, the crypto market is experiencing another chilly winter with its devastating effects felt on the top market player ā€“ Bitcoin. Despite the adoption and market dominance enjoyed by BTC: it still felt the crippling power of the bearish market cycle. Various predictions and speculations by experts relying on past market cycles are all over the place. Related Reading: AVAX Sheds 50% Over The Last 60 Days ā€“ More Losses Ahead? With the last crypto winter lasting almost three years: investors and traders are puzzled about the length of this current bearish market trend. The crypto world is affected by the devastating effects of global players on the political scene. The Russia ā€“ Ukraine conflict has increased the pressure on cryptocurrency globally. Igor Zakharov, CEO of DBX digital ecosystem: notes that high inflation has spiked interest rates in the United States. The U.S is the biggest promoter of crypto and a dominant force. Shift Of BTC Holdings By Whales And Big players Data obtained from Coinbase Pro shows that the big institutional players have transferred large amounts of their BTC holdings. The BTC volume pegged at 48,000 BTC is worth roughly $940 million. These bitcoin assets; were removed from long-term holding positions with a time frame of three to five years. Surprisingly, the smaller and medium addresses have increased their BTC holdings: according to Santiment. From recent data, BTC addresses with holdings in the range of 0.1 to 10 BTC now hold a record-breaking 15.9% of BTC’s total circulating supply. BTC price has been in constant flux. With its recent price struggles around the $20,000 range noted. It has left experts puzzled about the actual length of the crypto winter. Light At The End For Crypto But amid the uncertainty, Rayne Steinberg, CEO of digital assets investment firm Arca, is quite optimistic. He expressed his thoughts that the market is generally closer to the end of this dark period. However, he pointed out that macroeconomic factors made it difficult to go into specifics. With macroeconomic factors like inflation taking center stage worldwide, Steinberg opted to water down false hopes but encouraged optimism. Due to Bitcoin’s current connection with S&P 500, BTC price has taken a beating since the general market drawdown. This bitcoin sync with the equity market might favor the bears. Related Reading: Uniswap Coinā€™s Bullish Trajectory Sets UNI To Breach $7 Level ā€“ Time To Buy? Some experts’ predictions had the price of bitcoin nosediving by as much as 20% as its relationship with the S&P 500 continues. Relatively other altcoins are also experiencing the chilling effects of the dip. Uncertainty has now taken root in the crypto world. Forecasts and past price data are speculative as the big players gear up to weather the storm. Featured Image From Pixabay, Charts From Tradingview

KuCoin vs Bybit 2023: Which is the TOP Crypto Exchange for KYC-Free Trading?

<!-- --> Welcome cryptonaut, to another article in our versus series where we compare some of the top exchanges to help...

KuCoin vs Bybit 2023: TOP Crypto Exchanges for KYC-Free Trading

<!-- --> Welcome cryptonaut, to another article in our versus series where we compare some of the top exchanges to help...

Binance vs Bybit 2023: Which Exchange is BEST for Crypto Trading?

<!-- --> Welcome cryptonaut, to another article in our versus series where we compare some of the top exchanges to help...

TrustSwap Review 2023: Best Full-Service Crypto Launchpad Platform

<!-- --> Launchpads are one of my favourite services in all of crypto, and the reason is quite simple. Launchpads provide...

Top Cardano Projects in 2022: Best Cardano DApps Worth Knowing!

<!-- --> Cardano is one of the most innovative and exciting blockchain projects in the space, being referred to by many...

Top Cardano Projects in 2023: Best Cardano DApps Worth Knowing!

<!-- --> Cardano is one of the most innovative and exciting blockchain projects in the space, being referred to by many...

Can You Still Make Money Mining Monero in 2023?

<!-- --> Monero (XMR) is an interesting cryptocurrency that sits at the very heart and ethos of what a true decentralized,...

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