The Philadelphia city government is enthusiastic about exploring a partnership with CityCoins to help boost its treasury with cryptocurrency.

Grayscale, the world’s largest crypto asset supervisor, is contemplating 25 extra crypto belongings for funding merchandise. With the newest additions, the corporate’s checklist of cash into consideration has grown to 43. “The process of creating an investment product similar to the ones we already offer is a complex, multifaceted process,” stated Grayscale. 25 Crypto Assets […]

The post Grayscale Considering 25 More Crypto Assets for Investment Products – Altcoins Bitcoin News appeared first on Bitcoin Upload.

One altcoin that seeks to leverage the power of Bitcoin (BTC) is enjoying bullish price action after getting sudden support from Coinbase, the top crypto exchange in the US. In a new announcement, Coinbase says trading for Stacks (STX) will begin on Wednesday, January 19th if liquidity conditions are met. Stacks is an open-source blockchain […]

The post Bitcoin-Integrated Altcoin Spikes After Earning Surprise Support From Coinbase appeared first on The Daily Hodl.

There has been a fierce battle raging for years between Bitcoin enthusiasts and Ethereum enthusiasts on which coin will ultimately be the largest coin by market cap. That title has always been held by Bitcoin which has had the highest market capitalization over any other cryptocurrency by a large margin, though Ethereum has been gaining […]

The post Will Ethereum Flip Bitcoin in 2022? appeared first on Coin Bureau.

STX coin price action forms a consolidation range between the 100 and 50-day EMAs. Will the recovery help in the bullish breakout? Stacks is a layer-1 blockchain technology that is designed to enable smart contracts as well as Decentralized Applications (DApps) to Bitcoin (BTC). These smart contracts are added to Bitcoin without altering any of the characteristics that make Bitcoin so effective such as its security and stability. It is powered by Stacks token (STX) that is used to fuel an execution process for smart contracts processing transactions, and also for creating new digital assets to the Stacks 2.0 blockchain. Let us move ahead to read about Stacks technical analysis. Past Performance of STX The STX coin price action shows a growth of 10% in the past week despite the bloodbath in the crypto market. However, the growth comes after a 20% fall from $2.40 to $1.85. The coin price shows a sideways movement for the past few days, but the presence of lower price rejection is clearly visible. That is why a stronger bullish side is seen. STX/USD Daily Chart STX Technical Analysis The STX coin price hints at a morning star pattern formation in the daily chart with substantially lower price rejection. Therefore, the possibility of a price jump by the day’s end is increasing.  Crucial EMAs (50, 100, and 200) maintain a sideways trend in a bullish alignment in the daily chart. Moreover, the range formation between the 100 and 50-days EMA will shortly provide a breakout entry opportunity. The RSI indicator at 48% indicates the slope struggling to surpass the central mark in the daily chart. Moreover, the slope struggles to surpass the 14-day SMA as well. The MACD indicator shows the bearish histograms maintain a trend in the daily chart. However, the slight reversal in the fast line increases the chances of a bullish crossover. Therefore, the technical analysis shows the bullish powers struggling to take back the trend control.   Upcoming Trend The sideways momentum in the STX coin price maintains a consolidation range in motion. However, the lower price rejection indicates a high possibility of a bullish breakout. The price action suggests upcoming resistance levels at $2.40 and $2.60 above the 50-day EMA. And, the support levels are at $1.85 and $1.65, below the 100-day EMA. At press time, the sentiments chart remains “NEUTRAL” on the STX coin.

The post STX Technical Analysis: Growing Consolidation Within EMAs Teases A Bull Run: Is It Too Soon To Buy? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Companies look to multifactor authentication and identity and access management to block attacks, but hedge their bets with disaster recovery.

There were also 140,000 NFTs minted on the Stacks blockchain during its inaugural year.

Avalanche (AVAX) saw a bump in price after internet finance firm Circle announced it was launching native support for its USDC stablecoin on the smart contract platform. USDC is the second most widely used stablecoin in the world after Tether (USDT), boasting a market cap of over $41.8 billion. AVAX rallied as much as 18% […]

The post Avalanche Jumps 17% After Integration With USDC Stablecoin appeared first on Coin Bureau.

Stacks (STX) is an NFT ecosystem that utilizes the best of two worlds; it’s secured by the Bitcoin network while also on Bitcoin that leverages the scalability of the Ethereum…

The post Stacks (STX) NFTs: Exploring NFTs Secured By Bitcoin appeared first on CoinCentral.