Cryptocurrency Analysis and News Portal
Place/Date: - December 23rd, 2022 at 2:06 pm UTC · 3 min read Source: Snowfall Protocol Most cryptocurrencies have failed to perform as expected in 2022. The bear market hit hard making coins like Solana (SOL) and Aptos plummet. Investors have been left with no choice but
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Ethereum faced a strong rejection near $1,300 against the US Dollar. ETH is declining, but there is a major support waiting near $1,240 and $1,220. Ethereum struggled to clear the $1,295 and $1,300 resistance levels. The price is now trading below $1,260 and the 100 hourly simple moving average. There was a break
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Bitcoin price extended its increase and tested the $17,500 resistance. BTC corrected gains, but it remains well supported above the $16,800 support. Bitcoin extended its upward move above $17,100 and $17,300 resistance levels. The price is trading near $17,000 and the 100 hourly simple moving average. There was a break below a key
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The fall of the FTX crypto exchange forced many to reconsider their overall approach to investments — starting from self-custody to verifying the on-chain existence of funds. This shift in approach was driven primarily by the lack of trust crypto investors have in the entrepreneurs after being duped by FTX
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ATOM’s price shows strength as price bounces off from a weekly low of $8.5 giving bulls some relief. ATOM’s price continues to look bearish as more sentiment for the market lingers, with things looking uncertain for most traders and investors. ATOM’s price rallies high on the daily timeframe as the price moves
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BTC’s price shows strength as price bounces off from a weekly low of $15,500 to trend higher, giving bulls some relief. BTC’s price continues to look strong as bearish sentiment for the market lingers, with things looking uncertain for most traders and investors. BTC’s price bounces from a low of $15,500 on
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On Nov. 18, 2022, at 5:47 p.m. (ET), Grayscale Investments’ official Twitter account shared information on the safety and security associated with Grayscale’s digital asset products. The update from Grayscale follows the recent FTX collapse that has shaken crypto investors, and Digital Currency Group’s (DCG) Genesis pausing the firm’s lending
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The collapse of numerous major crypto ecosystems in 2022 revealed the urgent need for revamping the way crypto exchanges operate. Ethereum (ETH) co-founder Vitalik Buterin believed in exploring beyond “fiat” methods to ensure the stability of crypto exchanges, including technologies such as Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (ZK-SNARKs). Following a
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ETH’s price reclaims its demand zone of $1,200 as price bounces to a region of $1,250 despite market turmoil. ETH’s price continues to show strength after a bearish downtrend with the market’s current state, as things look uncertain for most traders and investors. ETH’s price bounces from a low of $1,100 on
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Experts have criticized that data, which analyzed 27,000 tokens, saying that not every low-effort phishing or pyramid scheme has takers. Some, like Mark Zeller, vice president of the DeFi committee at L'Adan, a French digital asset industry group, said crypto users know the risks when they decide to get involved.
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