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Jesus Dawal Jr.

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Ethereum Makes 12% Jump to Resume Relief Rally
Ethereum Makes 12% Jump to Resume Relief Rally

Ethereum price is currently seen at $1,613.49, a 12.5% jump in the last 24 hours.. ETH has established support from $1,500-$1,610. The $1,650 price ceiling remains impregnable. The massive selloff has proven short-lived, as most cryptocurrencies are now back at relief-rally levels. In fact, Ethereum made an impressive 12% jump, confirming a solid support zone at $1,500 – $1,610. As witnessed in the chart above, ETH is now changing hands at a relatively stable range just above $1,500. This was not an easy feat to accomplish. As a matter of fact, there were at least two red candles during the

2 mins read
Binance-Coin-Recovers-Support-Despite-Market-Selloff
Binance Coin Recovers Support Despite Market Selloff

Binance Coin has retaken its $250 support level. Bulls need to resume the uptrend until $270 to prevent BNB from entering a consolidation phase. BNB’s 24-hour trading volume is good compared to ADA and SHIB. Binance Coin (BNB) has retaken its crucial support level at $250 despite the recent crypto market selloff. At the time of writing, BNB is trading comfortably above the $255-$260 price range. BNB/USDT 4-hr chart (source: TradingView) As manifested by the chart above, BNB bulls have stepped up to prevent the crypto from falling below $240. Specifically, the chart displayed at least six all-green candlesticks after

2 mins read
Gala Games Accused of 'The Orbs' Rug Pull
Gala Games Accused of ‘The Orbs’ Rug Pull

Gala Games is being accused of scamming people. The alleged rug pull is related to The Orbs NFT drop by musician BT. 888 claimed the allegations are false. Gala Games is under fire for allegedly concocting an elaborate plan to scam people. According to accusations, Gala Games rug pulled “The Orbs” NFT drop, causing people to lose hundreds of thousands of dollars’ worth of Ethereum (ETH). The NFT drop in question was in partnership between Gala Games and influencer @crypto888crypto, otherwise known simply as “888”. The two entities teamed up to provide an avenue for Grammy-award nominee musician BT. As

2 mins read
ETH Shows Mixed Signals During Consolidation
ETH Shows Mixed Signals During Consolidation

Ethereum is displaying mixed signals during its consolidation phase. However, ETH is not oversold yet, which may encourage day traders to buy in. At the time of writing, ETH is changing hands at $1,601.71, according to CoinGecko. Ethereum (ETH) continues to lead the much-needed relief rally, as it continues to establish a strong base right above the $1,500 price mark. However, a couple of signals recently appeared, causing another strong tussle between the bears and the bulls. The collective crypto market has been indecisive in the last couple of days, as Bitcoin and most altcoins are lingering longer than they

2 mins read
SHIB Inches Closer to DOGE; Memecoin War Repeat?
SHIB Inches Closer to DOGE; Memecoin War Repeat?

Shiba Inu is once again the 12th largest cryptocurrency in market capitalization. The memecoin war may resume if SHIB flips Polkadot. SHIB must break the $0.000013 resistance first. Shiba Inu (SHIB) continues its bullish move, making it into the top 12 cryptocurrencies in market capitalization. After a dismal performance in the last couple of months, SHIB bulls have proven that they are now holding control once again. At the time of writing, SHIB price is at $0.000012, a 22% gain in the last 7 days. It also has a total market capitalization of $7.230 billion, as per CoinGecko. Earlier, CNL

2 mins read
Cardano May Be the Dark Horse of Current Relief Rally
Cardano May Be the Dark Horse of Current Relief Rally

Cardano may enjoy a huge gain during the current relief rally. ADA has shown a Three Rising Valleys pattern, while Vasil hard fork has been rescheduled to the end of July. At the time of writing, ADA is trading at $0.50. There may be a reason to believe that the crypto market is in a relief rally, as major cryptocurrencies are witnessing significant gains. This is despite the global market suffering from various socio-economic and political events. Bitcoin and Ethereum recently hit virtually impossible prices a couple of weeks ago. However, today, BTC price is at $23,554.53, while ETH is

2 mins read
XRP Price on Track for ATH With Bullish Indicators
XRP Price on Track for ATH With Bullish Indicators

Major altcoins are outperforming Bitcoin by a significant margin. XRP showed the Cup and Handle pattern on its 4-hour chart. Jed McCaleb has sold all of his XRP, Ripple confirms. At the moment, the crypto market appears to be back in full swing, as some major cryptocurrencies are showing bullish indicators. For instance, leading altcoins such as Ethereum (ETH), XRP, and Polygon (MATIC) are outperforming Bitcoin (BTC) by a huge margin. However, among these three, XRP is the most interesting altcoin to watch out for due to the presence of a couple of bullish signals.  As seen on the chart

2 mins read
Polygon Steals the Show With Potential Surge to $1.5
Polygon Steals the Show With Potential Surge to $1.5

Polygon (MATIC) is leading the charge among the top 20 cryptocurrencies. MATIC has seen a 24-hour increase of 17.4% and a weekly surge of 57.8%. At the moment, MATIC is witnessing a correction at $0.90. Among the top 20 cryptocurrencies today, Polygon (MATIC) is currently the best cryptocurrency in terms of market performance. It has even outshined Bitcoin (BTC) and even Ethereum (ETH) which had a very bullish update recently.  At the time of writing, MATIC is changing hands at $0.90, according to CoinGecko. This is a staggering increase of 17.4% and 57.8% in the last 24 hours and 7

2 mins read
-Crypto-Buyers-Flock-to-SHIB,-92%-of-Coinbase-Users-Buy-Shiba-Inu
Shiba Inu Overtakes Tron as Whales Stack Their SHIB Bag

Shiba Inu has flipped Tron in terms of market capitalization. Despite unimpressive trading volumes, SHIB remains the favorite of top 10 Ethereum whales. ETH and MATIC are the biggest gainers among the top 20 cryptocurrencies. The Shiba Inu (SHIB) dream lives on, as the second-largest memecoin by market capitalization has overtaken Tron to occupy the 13th spot. Shiba Inu’s upward — but reluctant — momentum has somehow elevated fans from the rut where it was lingering for over a month. In fact, SHIB reached as low as $0.000007 when it was in the 16th spot. At the time of writing,

2 mins read
OpenSea Lays Off 20% Staff, Economy Unsure: CEO
OpenSea Lays Off 20% Staff, Economy Unsure: CEO

OpenSea has laid off 20% of its total workforce. The announcement was met with mixed reactions from the community. Meanwhile, OpenSea has recorded $45.5 million in the last 7 days from the top 5 collections alone. Premier NFT marketplace OpenSea has laid off 20% of its total workforce, according to CEO Devin Finzer. Within the tweet, Finzer shared the message he sent to the entire OpenSea employee Discord channel. As part of the layoff, the company will give “generous” severance, healthcare insurance up to the end of the year, and more. Finzer stated that the “uncertain” global economy due to

1 min read
Bitcoin in Green as Exchanges Defy Russia Ban Calls
Bitcoin Maximalist Woes: Old Arguments Resurface

Some unearthed facts stated that Satoshi Nakamoto took part in the creation of Namecoin. The Bitcoin Maximalism controversy sparked anew after Nic Carter criticized the ideology. A couple of months ago, Vitalik Buterin wrote a piece in the defense of Bitcoin Maximalism.   Amid increasing controversies regarding the Bitcoin Maximalist ideology, a couple of old arguments have resurfaced, adding to the maxis’ woes. Specifically, the thread was published by Twitter user High Stakes Capital, who was a Bitcoiner back in 2013. According to the thread, Satoshi Nakamoto, the enigmatic creator of Bitcoin, did not have an ideology similar to the

2 mins read
Cardano-Speeds-up-Network-Upgrades,-Gears-To-Hit-$1-Soon
Polygon Makes Bullish Triangle, Gets 20% Surge in 7 Days

Polygon (MATIC) price is the highest gainer among the top 20 cryptocurrencies in the last week. MATIC chart showed an ascending triangle pattern, which is a bullish sign. Meanwhile, the crypto market is underperforming like other financial markets. Despite the crypto market getting rejected from its $1 trillion capitalization, a couple of cryptocurrencies are hinting that they are more than ready to explode. Among these cryptocurrencies, Polygon (MATIC) seems to be the most promising. In detail, MATIC has been the top performer in the 20 leading cryptocurrencies in market capitalization. For instance, MATIC price has seen an increase of 4.2%

2 mins read