Author: Idowu Deborah

Today Ethereum price analysis is bullish, directing to a retest of the $4,400. Although over the past few days ETH/USD has created a strong base and is expected to breakout. In the last 24 hours, bitcoin lost 0.48% while Ethereum gained 3.94%, but Axie Infinity (AXS) is the top performer today, with a gain of over 11%. Ethereum rallies back towards the $4,400 previous all-time high Within the last 24 hours, ETH/USD traded in a range of $4,129.20 – $4,400.97 showing substantial volatility. The trading revel an increase of 4.23% and totals $24.82 billion with a total market cap of…

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Charles Hoskinson, the founder of Cardano affirmed he had signed a memorandum of understanding (MOU) with the government of Burundi. In mid-October 2021, the MOU agreement is Hoskinson’s first major preliminary agreement that secured kickstarting Cardano’s African tour. A meeting was held between Zanzibar and Hussein Ali Mwinyi island national president. Hoskinson Burundi helped Cardano in April 2021 to achieve its latest major agreement with an African state. Burundi government as well as Cardano’s latest achievement, Hoskinson went on Twitter and shared some key moments of his Burundi tour. He said: “Great meeting with his excellency President Évariste Ndayishimiye about…

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This week Solana’s native token has skyrocketed in value as a Solana-based perpetual swap platform, Drift Protocol announced a $3.8 million funding from strategic investors. Centralized exchanges like Binance, FTX, By bit, and Bitmex are known for offering crypto-based perpetual swaps to take the large amounts of trading volume these trading platforms command. Solana-based perpetual swap platform launched its mainnet on October 25, “We successfully launched our mainnet at the Solana’s Chicago Hacker House, working with the guidance of Bartosz, Jordan, and alongside the rest of the residents (HXRO and Mango teams).” The Drift Alpha Ticket is a collection of…

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Dogecoin’s spin-off, initially introduced a bit of a joke while Shiba Inu gains 10% value overnight. Although Shiba Inu gains much from Elon Musk’s tweets, the recent 10% gains bring Shiba Inu to new heights. Overnight Shiba Inu (SHIB) has seen a rise in value as the decentralized token moves closer to the $0.00005 mark. SHIB recent price volatility SHIB surpassed that of Ethereumm which makes it the second-largest cryptocurrency in the world by market capitalization. In the crypto market, Ethereum managed to reach its highest-ever weekly. On Sunday SHIB achieved development and experienced in rising of price by almost…

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Earlier today Bitcoin price analysis was bullish as the $62,000 mark having retested after a slow retracement. BTC/USD increased over the next 24 hours and try to break the $65,000 mark next. Bitcoin price in the last 24 hours Over the last 24 hours, BTC/USD traded in a range of $62,241.17 – $63,729.33. There was an increase of 8.23% in the trading volume and totals $32.7 billion with the total market cap trades around $1.18 billion, resulting in the market dominance of 45.09 percent. BTC/USD 4-hour chart According to the 4-hour chart, Bitcoin price action consolidates above $62,000 as bulls…

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Fintech software company Appzone Group declare the launch of Zone, a blockchain platform for making payments. With this new system, Appzone Switch facilitates local and regional payments in fiat and digital currencies. Although AppZone makes fintech and banks do transactions with a centralized electronic financial transaction (EFT) switches. Thou EFTs lead to long delays, especially in the event of default, thus delaying financial transactions. Uche Elendu CEO of Appzone Switch said: “Zone Switch represents the future of cashless and borderless payments in Africa. […] The platform will eliminate the systemic risk associated with centralized payments systems while providing the uptime…

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Today, Binance coin price analysis $470 support got retested, therefore, it is anticipated that in the next 24 hours BNB/USD continue higher. Meanwhile, Bitcoin and Ethereum are the market leaders and they have gained 4.62% and 2.77% Binance Coin price in the last 24 hours Over the last 24hours, BNB/USD traded a range of $468.20 – $484.87. The trading volume has increased by 22.22 percent and totals $1.37 billion. BNB/USD 4-hour chart According to the 4-hours chart, we can notice a bullish pressure returning for the Binance Coin price action. Over the past few weeks, the price action has been…

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LTNM, the next-generation guaranty asset-backed cryptocurrency is set to gain momentum and expand its global acceptance as it was listed on FMFW.io exchange formerly Bitcoin.com Exchange. The milestone for both parties where LTNM will list on one of the world’s leading exchanges. Although on the list FMFW.io will be the second crypto exchange. However, LTNM was advanced byMonsoon Blockchain Corporation which allows insured asset-backed cryptocurrency. It is a faster and more secure version of Bitcoin competent in managing massive crypto transactions while being highly efficient. LTNM focuses on serving industries like Media, Gaming, Telecommunications, and Cloud Computing. LTNM Its asset…

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In the last 24 hours, Cardano’s price analysis is a bullish lower low. Due to that, we anticipate that ADA/USD recover some of its loss later as bears are worn out. In the overall market, Coin360 reports that it is operating in the red zone with shedding 2.92% bitcoin and 0.34% of Ethereum. But, after crossing the $200 psychological support Solana is the best performer of the day. Cardano price in the last 24 hours Over the last few days ADA/USD pair increased from a low of $2.08 to a high of $2.24, showing volatility during that time. Although 27%…

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‘Nigeria and Zimbabwe should back up their currencies with bitcoin, if they want to fix their economies’, this was suggested by the  CEO of Microstrategy, Michael Saylor. The Microstrategy CEO concluded that using the bitcoin standard will end hunger they should allow citizens of both countries to have a moderate life. Bitcoin network cannot scale so due to that Saylor advise that if Nigeria and Zimbabwe acquire bitcoins worth $2-3 billion they will end the currency the present face. Saylor commented in a video: “You wanna fix your country like Nigeria, or Zimbabwe? The way you fix your country is…

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