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Join Our Telegram channel to stay up to date on breaking news coverage The Bancor price prediction shows that BNT may cross below the lower boundary of the channel as the coin may settle in consolidation. Bancor Prediction Statistics Data: Bancor price now – $0.47 Bancor market cap – $75.9 million Bancor circulating supply – 158.6 million Bancor total supply – 161.1 million Bancor Coinmarketcap ranking – #319 BNT/USD Market Key Levels: Resistance levels: $0.60, $0.65, $0.70 Support levels: $0.35, $0.30, $0.25 BNTUSD – Daily Chart At the time of writing, BNT/USD is pushing for consolidation around $0.47 as the coin may cross below the lower boundary of the channel. However, the technical indicator is returning to the bearish scenario as the Relative Strength Index (14) moves to cross below the 40-level which reflects the influence of the sellers over the price. Bancor Price Prediction: BNT Price May Consolidate Below the Channel The Bancor price touches the resist

Join Our Telegram channel to stay up to date on breaking news cover age The floor prices for blue-chip NFT collections such as CryptoPunks and Bored Ape Yacht Club have significantly dropped below $100,000 worth of Ethereum, marking the lowest prices in months. While the prices have rebounded slightly, it currently costs around $93,692 to buy a CryptoPunk, a 30% decrease from a month ago when the cheapest CryptoPunk was worth over $128,000. Similarly, the minimum cost to purchase a Bored Ape is now 49 ETH or $92,200, the lowest it has been since November 2021. The broader NFT market has also slumped, with daily trades across all NFT marketplaces plummeting by 71% since mid-April, signaling a potential bottom of the NFT bear market. This has led a lot of investors to look beyond NFTs and towards better investment options. Launchpad is one such crypto project that has caught up a lot of momentum recently and might be just what you’re looking for. Launchpad Shakes Up Web3 Inves

By participating in Cointelegraph’s Accelerator Program, Brickken aims to support companies through the entire tokenization cycle. As digitalization takes over the financial industry, tokenization is becoming an integral part of tomorrow’s capital market. While making use of blockchain technology, tokenization securitizes assets in a digital way and creates a flurry of opportunities for assets, markets and potential investors. The continuously growing tokenization market is expected to reach $16 trillion by 2030 in the illiquid segment alone, according to the Boston Consulting Group. In addition, the World Economic Forum predicted that up to 10% of global GDP will be managed on-chain by 2025. A similar figure was provided by banking giant HSBC, which estimates that up to 10% of all assets will be token ized by 2030. Without wasting any time, some market players like Brickken have already taken the first steps to capitalize on the growing demand. Brikken is a tokenization platform th

Digital bank Revolut has partnered with Koinly to integrate cryptocurrency tax report services for users. As Cryptocurrencies increasingly fall under the purview of global tax authorities, digital bank Revolut has integrated an automated tax report ing service for its users. The digital financial services provider has partnered with cryptocurrency tax solution Koinly to allow users to generate cryptocurrency tax reports to work out gains and losses. Revolut users will be able to synchronize their cryptocurrency transaction history with Koinly to expedite tax calculations. A discount on the service is being offered to new Koinly customers, with the onboarding process facilitated through the Revolut mobile app. Revolut serves over 18 million users across a number of different jurisdictions around the world following the acquisition of a banking license in Lithuania in late 2018. The digital bank has been offering cryptocurrency custody services since Dec. 2017. The fintech firm has sin

Brazil’s president, Luiz Inacio Lula da Silva, has expressed support for the creation of a BRICS currency. His statement of support comes as the BRICS bloc is gaining global influence, with 19 countries seeking to join the group. Brazilian President Lula Supports BRICS Currency Creation Brazilian President Luiz Inacio Lula da Silva reiterated Wednesday that he supported creating a currency for trading between BRICS countries, Reuters reported. The BRICS nations comprise Brazil, Russia, India, China, and South Africa. In a speech during a trip to Spain, he said without providing further details: I am in favor of creating, within the BRICS, a trading currency between our countries, just like the Europeans created the euro. Lula’s support for the creation of a BRICS currency followed his statement urging developing countries to stop using the U.S. dollar and adopt local currencies instead. The Brazilian president said on April 13 during his visit to the New Development Bank in Shangha

The hype around the Non-fungible token [NFT] space began dying down last year. The 2022 bear market certainly added to this decline. However, along with the crypto market, NFTs managed to resurrect from the dead in 2023. While several believed that this notion would be carried on throughout the year, April proved to be an unfavorable month for NFTs. According to recent data, there were more sellers as opposed to buyers during the month. For instance, on April 26, there were only 7,907 purchasers while there were 8,641 individuals aiming to sell their NFTs. Source Sadly, with just 5,893 purchasers, the NFT market touched its second-lowest point on April 19. This was relatively higher than the lowest recorded day in the previous year, which was June 18, 2022, with 5,343 buyers. The highest number of buyers in the market was 18,495 on April 5. But, once again, sellers outshined them with 36,423 in number. Why is the NFT space crumbling? This notion was carried on from March.

The move came as crypto exchange OKX listed BONE after conducting a special voting event to find favorite meme coins followed by the crypto community. BONE and AIDOGE received more voting among the five meme coins selected for voting. advertisement Huobi Listed Shiba Inu’s Bone ShibaSwap (BONE) Token In an official announcement on April 25, Huobi Global revealed that it is listing Bone ShibaSwap (BONE), which is the Shibarium Layer-2 blockchain’s only gas fees token. The exchange will list BONE on April 25, with deposits opening from 06:30 UTC onwards. The BONE/USDT spot trading pair will open for trading as the deposit volume meets the market demand. Furthermore, users can withdraw their BONE tokens from 08:00 UTC on April 26. The exchange also took to Twitter to announce the listing of the BONE token and trading going live on the same day itself. Huobi has faced low trading volume despite several efforts by Justin Sun. The exchange is even listing shitcoin

Los Angeles, USA, April 26th, 2023, Chainwire. Today, an exciting announcement was made on decentralized social app Diamond that Bitclout 2.0, the highly-anticipated follow-up to 2021’s viral sensation that took the crypto world by storm, has been revealed by the infamous @diamondhands. Bitclout 2.0 aims to build upon the success of the original by introducing several new products and Features , effectively turning reputation into an asset class on par with what NFTs are today. BitClout 2.0 is expected to launch with a sophisticated airdrop after the DeSo blockchain’s transition to its new Revolution Proof of Stake consensus mechanism is complete. The white paper for BitClout 2.0 can be accessed at bitclout2.deso.com, and the password can be obtained by sending a DM to @bitclout on any DeSo app like Diamond or DeSo Chat Protocol. Bootstrapping A Stock Market for People One of the most groundbreaking new products BitClout 2.0 introduces is Creator Coins V2, a reimagined version o

On April 25, On-chain analysts Lookonchain pointed out activity from BTC addresses that have been dormant for over a decade. Accordingly, netizens have mixed reactions to the whale movements. Meanwhile, Crypto Influencer and YouTuber, Satoshi Stacker, presents a possible answer to the anomaly. Lookonchain noted particular activity from BTC whales that have been dormant for many years. “3 whales with 8,199 BTC (225M) have woken up in just 5 days,” Lookonchain noted in a tweet. Among them were addresses with 1,000 BTC activated after 12 years, 1,128 BTC after 10.5 years, and 6,071 BTC after 9.3 years.  Some $BTC whales that have been dormant for many years have woken up recently. 3 whales with 8,199 $BTC ($225M) have woken up in just 5 days. And the giant whale with 79,957 $BTC ($2.19B) has been dormant for 12 years, the price when he received $BTC was only $0.93. pic.twitter.com/2MZPDc8UuW — Lookonchain (@lookonchain) April 25, 2023 Netizens had mixed opinions about Lo

The world of cryptocurrency has exploded in recent years, with new tokens being introduced on a daily basis. While many of these tokens have failed to gain traction, there are a few that are showing immense potential for growth and change in the near future. In this article, we will take a closer look at three tokens below $2 that have the potential to change lives in 2023. Shiba Inu (SHIB) Shiba Inu (SHIB) is a meme-based token that was created in August 2020. The token was inspired by the success of Dogecoin and has gained a significant following since its launch. Shiba Inu aims to create a decentralized ecosystem for the exchange of digital assets. The token is listed on several exchanges, including Binance, Huobi, and OKEx. Why SHIB Could Change Lives in 2023 Shiba Inu has a strong and growing community that believes in the project’s potential. The token has already shown impressive growth, with a 27.13% increase in price so far this year.While the token’s price has seen some

The governor of the Zimbabwean central bank, John Mangudya, recently revealed that his institution is planning to introduce a gold-backed digital currency. According to the governor, the soon-to-be-introduced gold-backed digital currency is expected to help diminish local residents’ demand for the U.S. dollar. Taming High Demand for the US Dollar The Zimbabwean central bank has said it will introduce a gold-backed digital currency that will be used both as an alternative medium of exchange and a store of value. According to a report in the Sunday Mail, this gold-backed version of the Zimbabwean currency will complement the physical gold coins that were introduced in 2022 by the Reserve Bank of Zimbabwe (RBZ). As reported by Bitcoin.com News in early July of 2022, the gold coins were part of RBZ’s multi-pronged strategy that sought to halt the depreciation of the local currency. A few months after their introduction, the Zimbabwean central bank governor John Mangudya said the gold co

Apr 24, 2023 at 11:48 // Price Author Coin Idol Bitcoin (BTC) price slide has reached bearish fatigue after hitting a low of $27,155. Bitcoin price long-term forecast: bearish The BTC price has been hovering around the $27,000 support since April 21. In the last four days, the price of the cryptocurrency asset has fluctuated between $27,000 and $28,000. Bitcoin is currently trading between the moving average lines at $27,467. When the moving average lines are broken, the cryptocurrency value starts to trend. The bears tried to break the 50-day line SMA on April

Altcoin prices have crumbled since BTC’s sharp pullback, but BNB, ADA, XMR and TON could be the first to bottom. Bitcoin (BTC) is on target to finish the week with a sharp fall of around 9%. This suggests that some traders may be booking profits in fear of a resumption of the downtrend. Analysts expect Bitcoin to reach the $26,600 to $25,000 zone where buying interest may pick up. When an asset emerges from a bear market, it tries to form higher lows on the way up. These levels act as strong supports during subsequent corrections. The current pullback could end up forming a higher floor for Bitcoin, which may act as a launch pad for the next rally. Crypto market data daily view. Source: Coin360 If long-term investors believe that a bottom has been made, then panicking and selling on every corrective phase is not a good strategy. Rather, every dip could be an opportunity to build a portfolio. The correction in Bitcoin has pulled several altcoins lower. Only a handful of major cryptocu

Over the last 24 hours, the total crypto market cap has dropped 1.95% according to the crypto market tracking website CoinMarketCap. As a result, the global crypto market cap is estimated to be around $1.16 trillion at press time. This comes after the majority of cryptos printed losses over the last 24 hours. One such crypto is Render Token (RNDR). Currently, the price of RNDR stands at $1.67 after it dropped approximately 11% over the past day. The altcoin’s price was, however, able to reach a daily high of around $1.90 in the last 24 hours, but has since retraced to its current level. In addition to this, RNDR also weakened against Bitcoin (BTC) and Ethereum (ETH) by 8.83% and 8.12% respectively. Daily chart for RNDR/USDT (Source: TradingView) RNDR’s price lost the support of the 9-day EMA line over the last 24 hours and almost lost the support of the longer 20-day EMA line as well during this time. At press time,  RNDR’s price is resting on the 20-day EMA line and the