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Ethereum (ETH) rose 10% in February. What about the $3000 barrier?
Ethereum broke through key resistance levels The weekly chart reveals a steady upward trend for Ethereum since June 2022. After forming two rising lows (green icons), the price experienced accelerated growth following each low. In November 2023, the token surpassed a long-term horiz ...
Polygon (MATIC): Will Long-Term Support Hold?
In November 2023Polygon consolidates above support level The weekly chart shows that MATIC has been rising since October 2023. A month later, the price broke through the horizontal resistance area, and in December it reached a new yearly high of $1.09. Although the price has fallen ...
ImmutableX (IMX) hits 2-year high and breaks into top 25
IMX token has experienced a significant rise in price, surpassing $3 in recent trading. This surge in value has been ongoing since October 2023, reaching a high of $2.60 in December of the same year. Following a period of correction, IMX price finally broke through a resistance area la ...
The price of Avalanche (AVAX) has risen to $40: should we expect it to continue?
Avalanche shattered a significant resistance level, indicating a bullish trend reversal. The weekly timeframe reveals that AVAX price has been steadily climbing since the rebound on January 22. This upward movement solidified the critical horizontal area as a support level, which had previous ...
Hackers hacked PlayDapp gaming platform and withdrew assets worth $31 million
Experts from PeckShield have recently uncovered a shocking incident involving the unauthorized minting of 200 million PLA tokens, equivalent to approximately $31 million, on the PlayDapp gaming blockchain platform. It appears that the perpetrators were able to exploit a ...
Vitalik Buterin proposed a way to combat deepfakes
Ethereum co-founder Vitalik Buterin has proposed an innovative solution to combat the increasing threat of deepfakes in digital communications. Deepfakes, which are convincing fake audio and video generated by artificial intelligence (AI), pose risks when verifying identities du ...
Polygon (MATIC), Solana (SOL), Monero (XMR): technical analysis
Polygon (MATIC) MATIC is facing challenges in its recovery above $0.85. Moreover, the MATIC/USD rate has experienced a 20% decline since reaching its peak of $1.1 on January 11. If the token fails to surpass the $0.85 barrier in the short term, it could lead to a decline with a targ ...
Crypto exchange Kraken received a license to operate in the Netherlands
In an exciting development, the renowned American cryptocurrency exchange Kraken has recently obtained a virtual asset service provider (VASP) license from the Dutch Central Bank (DNB), marking an important milestone for the company.With this license, Kraken will now be ...
Coingecko: Bitcoin is growing and rapidly approaching the resistance line
The leading cryptocurrency by market capitalization is approaching the critical resistance level of $48,000, signaling the potential for a significant liquidation event and subsequent rebound, as per Coingecko's data analysis. Bitcoin made a strong breakthrough on Frida ...
Hong Kong to begin anti-money laundering checks for over-the-counter crypto asset trading
The Financial Services and Treasury Board (FSTB) in Hong Kong has started seeking input from local authorities and market participants on its proposed legislation to regulate over-the-counter trading of virtual assets.The FSTB aims to enhance control over virtual asset ...