El Salvador President Nayib Bukele took on Twitter on Sunday, January 17, responding to a warning from rating agency Moody’s. However, Moody’s has confirmed that the Central American country’s ratings remain unchanged. President Nayib Bukele Tweeted: “BREAKING: EL SALVADOR DGAF” which means “don’t give a fuck”. President Bukele was responding to a tweet from Investing.com.

The post Moody’s Confirms El Salvador’s Ratings Unchanged After President Bukele’s Reactive Tweet appeared first on CoinGape.

Competitor blockchains, a slowdown in daily transactions and flat-lined TVL are a few challenges facing BNB, but data suggests Binance Coin is still a contender.

January 18, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ OpenSea hit $3.5 billion in ETH sales volume for January,[...]

The post OHMG 😱 OHM Down 91% From ATH 📉 appeared first on Unchained Podcast.

Cardano’s (ADA) price increased dramatically over the past few days largely because of the prospect of Dapps launching on the 3rd Generation proof of stake blockchain. Cardano for a long time has been under intense pressure and backlash over the lack of useable dApps but that would be changing in the near future, Ravendex, a […]

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ENJ coin price action is under the influence of a bearish descending triangle pattern. Will buyers lose the $2.1 support as well? The Enjin blockchain ecosystem seeks to provide software solutions that enable anyone to build, trade, monetize and trade using blockchain. Established in 2009, Enjin is a part of the gaming industry. Its roots are in its first product, a gaming community platform dubbed the Enjin Network that grew into 20 million customers in the span of more than a decade. Enjin Coin is an electronic store of value that is used to protect the value of blockchain assets, such as Non-fungible Tokens (NFTs). Each asset created using the Enjin Platform contains ENJ, the minting resource that is kept in NFTs until taken out of circulation. Minting blockchain assets using the Enjin token offers a range of advantages for creators and users: Let us move ahead to read about Enjin’s technical analysis. Past Performance of ENJ The correction phase in ENJ is struggling to break down from the $2.1 support. However, the series of lower highs in the technical chart has revealed a descending triangle pattern. The pattern presents its neckline at the $2.1 mark, and the crypto traders should wait for the price to breach this support to get a sell signal. Furthermore, the decreasing volume activity within this pattern indicates the trapped momentum, which should outburst when the price escapes the chart pattern. ENJ/USD Daily Chart ENJ Technical Analysis The ENJ coin price has recently faced another rejection from the descending trendline. The coin is currently approaching the bottom support after completing a falling three-method candle pattern. The crypto traders should closely watch for price action at this high area of interest. As the price might retest this $2.1 for another support. Crucial EMAs (50, 100, and 200) in the daily chart maintain a bullish trend as the coin price is still trading above the 200 EMA. However, the other EMA lines could interrupt any bullish attempt.  The RSI indicator (43%) moving below the neutral line indicates a bearish sentiment among the market participants. The RSI slope has dropped below the 14-day SMA line. The MACD indicator shows several crossovers among the MACD and signal line due to the consolidating price action. However, the price action is still under a bearish influence as these are roaming below the neutral line. In short, the price action resonating in the triangle pattern might have caused inactive momentum in the technical indicator. However, they still indicate an overall bearish outlook for the ENJ coin. Upcoming Trend The failure to sustain above the $2.1 support will boost the selling pressure in this coin and drop it to an even lower level, i.e., $1.75 or $1.5. Even though this pattern promotes the continuation of bear attacks. The final call depends on the price action, on which side it provides a breakout. Therefore, the crypto traders should be patient till the price doesn’t breach the bottom support($2.1). The ENJ coin price chart suggests the next support levels at $1.7 and $1.5. And, in case of a bullish reversal, the price can find resistance at $2.5 and 50-day EMA. At the time of writing, the technical analysis by TradingView shows a rise in bearish sentiments as it gives a “SELL” signal for the ENJ coin. Technical Analysis for ENJUSD

The post ENJ Technical Analysis: Descending Triangle Pattern Threatens to Extend Correction Rally appeared first on Cryptoknowmics-Crypto News and Media Platform.

With the largest cryptocurrency Bitcoin still in a downward correction, some of the selected altcoins are struggling. Of the best performing altcoins, Secret and Oasis Network are in a bull market.

Binance Smart Chain is the third largest chain by TVL and its token, BNB, is the third-largest token by market capitalization. However, there are questions about hacks, centralization, lack of[...]

The post Is Binance Smart Chain Being Run ‘Like the Project of a Stoned Teenager?’ Two BSC Execs Answer appeared first on Unchained Podcast.

Ethereum price started a fresh decline from the $3,400 resistance against the US Dollar. ETH price is now trading below $3,300 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $3,300 on the 4-hours chart (data feed from Coinbase). The pair could continue to move...

The post Ethereum Price Analysis: ETH Could Slide Below $3K appeared first on Live Bitcoin News.

January 17, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ USDC supply on Ethereum passed USDT for the first time[...]

The post Walmart and Crocs Go Web3 appeared first on Unchained Podcast.

Digital transformation has shifted to a new phase where businesses must compete to differentiate themselves in the digital landscape and provide services that cater to employee and customer demands alike. 2022 will see new trends that will redefine the customer service landscape – what’s new this year?

The post What’s New in Customer Service Trends for 2022? appeared first on Inbenta.

Ethereum (ETH) continued its downward correction after the price met rejection at the high of $3,400. The bulls failed to overcome the recent high as the market reached an overbought region.