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Popular crypto analyst and trader, Michael van de Poppe, took to Twitter yesterday to share some of his thoughts on Avalanche (AVAX) and what the price of the cryptocurrency could do in the near future. In his tweet, van de Poppe also explored what could happen if AVAX’s price is able to stay above $16.85. AVAX / Tether US 4h (Source:TradingView) The tweet from yesterday mentioned that the support for AVAX was around $17.17 at the time. Van de Poppe concluded the tweet by stating that if AVAX could stay above $16.85, the price of the crypto will likely target higher prices. He also believes AVAX’s price could rise as high as $18.50 or even $19.50 if the crypto can stay above the aforementioned level. AVAX price (Source: CoinMarketCap) CoinMarketCap indicates that AVAX has been able to stay above $16.85 since yesterday despite a slight price decrease. At press time, AVAX is trading hands at $17.40 after a 0.88% price drop over the last 24 hours. During this time, the a

Also Read: Bitcoin Rally In Sight; U.S. Officials Seeks To Rescue First Republic advertisement First Republic Bank Set To Collapse? Reports suggest that U.S. officials getting into urgent rescue talks about the collapsing First Republic Bank (NYSE: FRC). To this situation, Arthur Hayes, former CEO of BitMEX stated that another Friday and another US bank is on the brink of a historic slump by the Federal Deposit Insurance Corporation (FDIC). Hayes mentioned that the issue with the First Republic Bank is the balance sheet holding few treasuries and a lot of commercial real estate loans. However, these loans are not eligible collateral for the banking funding program. The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Trending Stories Top 3 Memecoins To Buy In This Dip; Dogecoin, Shiba Inu, Floki Price Analysis 24/

BRICS countries are moving to replace the U.S. dollar with a new currency on the global stage to settle international trade. A recent report highlighted that 19 different nations have formally sent applications to join the BRICS alliance. The developing countries aim to dethrone the dollar from its global reserve status and create a new financial order. Around 5 Arab nations have shown their interest and are ready to join the BRICS bloc. The five Arab nations that formally requested to join the BRICS alliance are Saudi Arabia , the United Arab Emirates, Bahrain, Egypt, and Algeria. Iran is the sixth Arab nation to have shown interest to enter BRICS . Also Read: If BRICS Expands, Its GDP Could Cross $30 Trillion, Bigger Than U.S. GDP $25.5 Trillion Arab countries are rich in oil and gold reserves that may boost the BRICS alliance if allowed entry into the bloc. This could make the alliance of nations stronger and challenge the G7 countries. The G7 countries are developed

The Shiba Inu ecosystem and the community have a lot to look forward to in 2023. Following the beta launch of Shibarium, the mainnet deployment is sought after by many members of the community. As the Metaverse started to garner steam, the network decided to update the community regarding the progress of SHIB: The Metaverse. Earlier today, the Shiba Inu network announced on Twitter that Rocket Pond will soon be revealed. In order to raise their concerns and get them addressed in the following blog update, the team has urged the community to reach out and submit MV-related inquiries. Get ready to uncover the secrets of Rocket Pond! Stay tuned to @mv shib and https://t.co/yPe8r4GQrl for an exclusive look at our #metaverse. Plus, don't miss your chance to win some lands – there's only a few days left to enter the contest! WOOF! https://t.co/SQSnW61rP3 — Shib (@Shibtoken) April 28, 2023 The Rocket Pond concept was first introduced in September 2022. A black-and-w

Casper’s (CSPR) bullish momentum has been strong in the previous 24 hours, with bulls moving prices from a support zone of $0.05176 to an intra-week high of $0.05754 before encountering resistance. Despite this obstacle, CSPR bulls remained in command, leading a 1.03% increase to $0.0541 as of press time. During this bullish rise, CSPR’s market capitalization and 24-hour trading volume increased by 1.03% and 92.50%, respectively, to $592,973,363 and $22,612,957. If bullish momentum breaks beyond the 7-day high of $0.05754, the following psychological mark for traders and investors to take gains or open new positions might be near $0.06. CSPR/USD 1-day price chart, Source: CoinMarketCap Despite being bullish, the MACD line moved in the negative zone with a value of 0.000333, indicating that CSPR’s bullish momentum may diminish. A bearish crossing may occur if the MACD line continues to move downwards toward the signal line. The histogram’s negative trajectory furt

Introducing Gemini Foundation, a non-US crypto derivatives platform. Its first derivatives contract will be a BTC perpetual contract denominated in Gemini dollars  (GUSD). An ETH/GUSD perpetual contract will launch soon thereafter. Gemini Foundation will allow eligible customers to leverage their crypto assets to achieve long or short crypto exposure in order to manage risk, generate returns, and gain directional exposure. Eligible customers will be able to trade both spot and derivatives products and execute all of their trading strategies within a secure and trusted platform. Gemini Foundation  will be available  to customers in the following areas: Singapore, Hong Kong, India, Argentina, Bahamas, Bermuda, British Virgin Islands (BVI), Bhutan, Brazil, Cayman Islands, Chile, Egypt, El Salvador, Guernsey, Israel, Jersey, New Zealand, Nigeria, Panama, Peru, Philippines, Saint Lucia, Saint Vincent & Grenadine, South Africa, South Korea, Switzerland, Thailand, Turkey, Uruguay, and Vie

Blockchains usually rely on networks of nodes or in some instances on computers, that run designated software to confirm transactions & store historical data. These nodes run programmatic codes for various crypto networks and act as an essential building block for the Web3 ecosystem to function properly. The more nodes a network has, the more scalable, trustworthy, secure & decentralized it will be.  advertisement Officially called the “Blockchain Node Engine”, the new offering from Google will allow creators & developers to rely on Google Cloud to produce a new node, which will make the whole process a lot easier, quicker & safer. The service will be fully managed by Google, therefore removing the pain of hiring a separate team to maintain & monitor the nodes. According to Google, “it actively monitors the nodes and restarts them if anything goes wrong”. Addressing Core Challenges The two principal challenges the Blockchain Node Engine will

Apr 26, 2023 at 09:40 // Price Author Coin Idol TRON (TRX) price is falling below the 21-day line SMA. The cryptocurrency asset is between the moving average lines at the moment. TRON price long term forecast: bearish At the time of writing, the altcoin is currently trading at $0.065. TRON price has maintained a tight range between $0.062 and $0.065. This range has not been broken due to the presence of Doji Candlesticks. When Doji Candlesticks are seen, the price movement is hesitant. The candlesticks show that neither buyers nor sellers are sure about the pric

Economist Peter St Onge has warned that U.S. dollar weaponization will lead to “soaring inflation, a catastrophic fallen American standard of living, and a U.S. that falls off the world stage.” Commenting on the economist’s warnings, Tesla and Twitter CEO Elon Musk weighed in on de-dollarization. De-Dollarization Happening Faster Than People Realize, Says Economist Economist Peter St Onge warned about the dire consequences of weaponizing the U.S. dollar in a video he posted on Twitter Monday. St Onge is a Research Fellow and the Mark A. Kolokotrones Fellow in Economic Freedom at the Heritage Foundation. Before joining the Heritage Foundation, he was a Fellow at the Mises Institute, a Senior Fellow at the Montreal Economic Institute, and an Assistant Professor of International Trade and of Marketing at Taiwan’s Feng Chia University. Citing a former Morgan Stanley analyst, Stephen Jen, stating that the U.S. dollar has already suffered a “stunning collapse” and is losing its reserve cu

IDEX, the underlying cryptocurrency of the decentralized exchange with a similar name, gained over 70% in the past 48 hours. The crypto asset, which opened at $0.559 yesterday, reached a new yearly high of $0.1057 in less than two days. IDEX/USD Daily Chart on TradingView Data from the TradingView shows a ballistic price movement on IDEX that has broken multiple resistances, with bullish candles of significant momentum. CoinmarketCap data shows that in the past 24 hours, the IDEX trading volume has increased by almost 600% to reach $310.7 million, while its market capitalization climbed to $63.5 million, reflecting a 52% increase. The current price surge comes after IDEX’s release of its Layer 3 capabilities. In an update, the IDEX team announced it released the latest version of its product, allowing users to take total control of their trading activities without relinquishing either performance or security. It described the innovation as a synthesis of centralized exch

With the world of traditional banking suffering a severe blow to its public confidence after the SVB debacle, it’s no wonder many individuals might look for an investment alternative. For this reason, cryptocurrency has gained not only more attention but also more participants in the game of trading and investing. Meanwhile, in the music industry, which may appear to be worlds apart from crypto, those who enjoy relaxing to popular tunes might look for artists who offer a totally distinct vibe (and do not contribute to any media drama). However, without the high- PR ofile agents and the name recognition, these artists would go undiscovered, given the competition in the music business. With these situations in mind, one might wonder how these two industries, cryptocurrency, and music, could possibly correspond to each other. Tunedly PR oudly answers that question by meeting two disparate demands that involve giving musicians opportunities for airtime that they wouldn’t otherwise ga

Blockchain data and research platform Nansen has shared updated data regarding the total ETH locked. The latest data reveal that the total ETH locked has hit an all-time high since the Shapella upgrade. Total ETH locked* hit a new all-time high since the Shapella upgrade 18,879,775 ETH locked pic.twitter.com/RVJgmy4znI — Nansen | Consensus2023 (@nansen_ai) April 24, 2023 Nansen data depicts that at present, 18,879,775 ETH are locked. Locked ETH represents the ether that is out of circulation. These include the ETH staked on the beacon chain, the ETH deposited to the beacon contract but not validating yet, and also the rewards on the beacon contract. The blockchain data platform has also shared additional information, revealing that 894,671 ETH are waiting for a full exit. Additionally, 27,809 validators are also waiting for a full exit, according to the data. Nansen also pointed out that 86.4% of validators have updated the 0x01 withdrawal address. The analytics

Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of income resulting from cryptocurrency transactions. Ukraine Set to Incorporate EU Crypto Regulations Into National Law A regional leader in crypto adoption, Ukraine now plans to follow in the footsteps of the global leader in crypto regulation, the European Union. Statements in Kyiv have indicated that Ukrainian authorities are going to incorporate the new EU norms into their country’s legal framework. On Thursday, European lawmakers gave their final approval to the Markets in Crypto Assets (MiCA) package. It is the world’s first comprehensive attempt to regulate the crypto space. It introduces licensing for crypto service providers and mechanisms for investor protection. “This is a truly historic event, I am sure Ukraine will be one of the

Blockchain technology has been a significant disruptor in various industries over the past decade, and it’s only expected to continue growing in influence and adoption in the coming years. In particular, David Rojas and Ashissh Raichura have earned a reputation as industry leaders in blockchain and cryptocurrency. Over the past decade, Buterin and Ethereum have been at the forefront of driving innovation and adoption in the industry. Along with other established players like Bitcoin and newer projects like Solana and Polkadot, Buterin and Ethereum are among some of the blockchain leaders disrupting the industry and pushing the boundaries of what is possible with decentralized technology. The cryptocurrency industry is still growing rapidly. Many innovative projects and solutions are being developed within the industry, with ambitious leaders pushing the boundaries of what is possible with decentralized technology. David Rojas, CEO of Blue Castle Ventures LTD, is a unique player in t

Former U.S. President Donald Trump was recently back making headlines. This time, it was his NFT collection that turned out to be immensely popular. After the successful launch of his first NFT collection in December 2022, Trump came back with another one. The 45th U.S. President rolled out his second collection earlier this week, and managed to rake in quite some profits. Trump’s NFT game is on track despite his latest indictment. The former president took to Truth Social on April 18, to announce the launch of the second series of digital trading cards from his NFT collection. JUST IN: Former President Donald Trump launches second series of his NFT collection. pic.twitter.com/V4SkDu5EDB — Watcher.Guru (@WatcherGuru) April 18, 2023 Within a day of being made available to the public, the second batch of the Donald Trump -inspired NFTs were all sold out. Additionally, the 47,000 tokens included limited, one-of-a-kind NFTs as well as signed cards, and they went for $99

The SHIB burn rate on Shibarium is estimated at less than 500 billion SHIB per year, according to SHIB BPP, a top member of the Shiba Inu community on Twitter. In a tweet, SHIB BPP claimed to have deduced the burn rate after running a burn estimate based on the current prices of BONE and SHIB, with the number of transactions of the top L2 in the previous 30 days. I just ran new burn estimates for Shibarium. Shibarium will impress me if it can burn 500 billion $SHIB per year. This is based on the current prices of BONE and SHIB, as well as the number of transactions of the top L2 in the previous 30 days. pic.twitter.com/L7dLE2T9JF — $SHIB BPP (@ShibBPP) April 18, 2023 SHIB BPP’s estimation has sparked reactions from members of the Shiba Inu community who expected better numbers from the yet-to-be-launched layer 2 protocol, Shibarium. One of SHIB BPP’s respondents calculated that burning only 500 billion SHIB a year would take the project 100 years to burn 5% of the total s

The NFT market needs to weed outwash traders to become a sustainable and reliable environment. The nonfungible token (NFT) market has seen an unprecedented number of new NFT collections introduced in 2022 despite the year-long crypto winter, showing that the turbulent state of the crypto market was not enough to deter NFT creators and collectors. With more than half a million new contracts across Ethereum, Polygon and Avalanche, the NFT market inevitably met with its own set of troubles, with the primary issue being NFT wash trading. A recent study by AI-powered NFT analytics provider bitsCrunch and Cointelegraph Research titled “BitsCrunch NFT Wash Trade Report for 2022” revealed that over 610,000 new NFT contracts were made during 2022, showing an 860% jump from the previous year. This translated into over 85 million new NFTs, largely thanks to the recent surges in NFT gaming and sports-related collectibles. The total NFT sale volume for 2022 hit $54 billion, with Yuga Labs, the tea