A recent analysis by a CryptoQuant analyst suggests that Ether (ETH) could be gearing up for a rally in the near future. This prediction is based on metrics observed in the cryptocurrency’s futures market. Following a significant liquidation event, the analyst, Shayan, believes that ETH may experience a price rally as the market stabilizes, and
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As bitcoin faces another retreat, analysts are closely examining technical indicators and signals to determine its next move. According to CoinGlass, the liquidity heatmap is currently indicating key first-test lines at around $56,800. If BTC manages to bounce off this support level, it may test higher resistance levels. However, a weak bounce could result in
Immutable, a prominent player in the NFT and blockchain gaming space, has recently announced its decision to close down its NFT marketplace. This strategic move is in line with the company’s vision of bolstering its network by supporting other marketplaces within its ecosystem. The closure of Immutable Marketplace is scheduled to begin on August 13,
The cryptocurrency market recently experienced a significant dip, with the total market capitalization falling below $2 trillion and wiping out $500 billion within a week. Bitcoin dropped below $50,000, and Ethereum saw a 23% decline in just one day, falling below $2,200. However, despite this sharp decline, the total market cap has since rebounded by
The recent cryptocurrency market turmoil has sent shockwaves through the industry, with Bitcoin and Ethereum experiencing significant drops in value, each plummeting over 20% in just 24 hours. This rapid sell-off has left investors reeling and searching for answers as to what triggered such a drastic downturn in the market. At the center of this
The Abu Dhabi Blockchain Center has been unveiled as a symbol of the region’s dedication to driving innovation and growth within the entire Web3 ecosystem. This new center is poised to position Abu Dhabi as a global leader in blockchain technology and innovation, providing a platform for startups, enterprises, and academic institutions to thrive. The
In a recent price analysis, a crypto analyst has pointed out a crucial support level for Bitcoin (BTC) that could potentially determine the future price movement of the pioneer cryptocurrency. The analyst, known as DonAlt, emphasized the significance of the $63,000 support level for Bitcoin and warned of a possible price crash to $42,000 if
The decentralized finance (DeFi) sector has been making a comeback, with key metrics such as active loans and total value locked (TVL) showing growth from their lows in 2023. DeFi lending, which allows investors to lend their crypto assets in exchange for interest, plays a crucial role in indicating the participation and health of the
Doodles has recently announced the launch of their Super Pass for DoodlesTV on Coinbase’s Base, an Ethereum layer-2 scaling network. This marks a significant step in Doodles’ transformation from a collection of NFTs to a multi-faceted Web3 entertainment company. DoodlesTV, the latest addition to The Stoodio at the Doodles site, leverages Web3 technology to revolutionize
When it comes to the realm of blockchain gaming, MetalCore Arena emerges as a standout title that not only offers entertainment but also ushers in a new era of digital ownership and player-driven economies. This free-to-play game allows players to engage in strategic battles with modifiable teams of mechanized units and squads of infantry. Let’s