A Minsk resident lost more than $20,000 while trying to invest in cryptocurrencies
A 28-year-old resident of the Belarusian capital reached out to authorities in Minsk after falling victim to a cryptocurrency scam in which he lost 65,000 Belarusian rubles ($20,500). The individual explained that in January of last year, he had met a woman on a messagi ...
DYDX breaks above $3 as bullish momentum strengthens
DYDX reclaims resistance levelThe price of DYDX has been steadily climbing within an ascending parallel channel since the start of 2023. The support and resistance trend lines of the channel have been tested multiple times, with the most recent test occurring in November (indicated by the ...
Credit Agricole: Refusal from the dollar in favor of cryptocurrencies has no basis
Banking giant Credit Agricole has refuted claims of an imminent de-dollarization of the global economy, emphasizing that forecasts based on the increasing use of digital asset market instruments are premature. Experts from Credit Agricole, one of France's largest financ ...
Polygon at a crossroads: 2 key scenarios for the MATIC trend
Polygon formed a bearish candle In December 2021, MATIC reached an all-time high of $2.90 and has since been declining along a descending resistance line. In June 2022, the price found its bottom at $0.32 and then began to rise. Despite the upward movement, the token was unable to b ...
Chainlink (LINK) has been consolidating for 70 days. Is he ready for the $20 assault?
Chainlink approaches range high The daily timeframe shows that the price of LINK has been rising since January 3, when it fell to a low of $12.24. On January 8, it formed an increasing low, which led to the appearance of a bullish engulfing candle. Since then, the token has been growing at ...
This signal led Ethereum (ETH) to rise 1000% in 2020. Will history repeat itself?
Will Ethereum's Growth Accelerate? ETH price has risen consistently since falling to a low of $880 in June 2022. The rally was contained by an ascending resistance line, which triggered four bounces (red icons). The last time this happened was in December 2023. During the rise, Ethe ...
PEPE rebounded, but trend remains uncertain
After the breakout, PEPE returns to provide supportThe price of the popular internet phenomenon token PEPE has been declining along a descending resistance line since May 2023 and hit its lowest point in September. Subsequently, the coin initiated an upward movement, which has been ...
Cardano (ADA) has reached a local bottom. A rebound in the direction of $1 is possible
Cardano is attempting to stage a recovery after a recent decline. On the weekly timeframe, ADA has been trading within a horizontal range since November 2022, with repeated tests of support and resistance levels. However, in October 2023, the price started to move upward quickly, breaking out ...
Bitcoin (BTC) fell below $43,000: exploring the consequences of “selling on news”
Bitcoin formed a bullish candle The monthly timeframe shows that the price has been steadily increasing throughout the year. After overcoming multiple resistance levels, BTC continued its upward trajectory. The price surge led to a new all-time high of $60 thousand on February 20, ...
Ukrainian citizen arrested on suspicion of hidden mining for $2 million
In a collaborative effort between the National Police of Ukraine and Europol, a 29-year-old Ukrainian national has been apprehended for his alleged involvement in organizing a cryptojacking operation that generated over $2 million in illicit profits. The arrest took pla ...