Popular cryptocurrencies that formerly boasted massive user bases are now falling out of favor. New cryptocurrencies with strong foundations and useful features are making a splash in the rapidly growing market. Both Tron (TRX) and Monero (XMR) fall under this category (BCH). As researchers forecast these top cryptocurrencies to drop, so do they recognize Flasko, whose presale has produced large returns for investors.  Tron (TRX) Gradually Regaining Lost Value Tron (TRX) is constructed on… Source link

Cryptocurrency exchange Binance has offered to support Azerbaijan in efforts to establish regulations for digital assets. The leading coin trading platform has been active in the region this year, seeking to expand market presence and increase interaction with authorities. Binance to Assist Azerbaijan’s Monetary Authority With Regulations for Cryptocurrencies The world’s largest exchange for crypto assets, Binance, is ready to provide support to the Central Bank of Azerbaijan… Source link

Real Vision CEO Raoul Pal says that Polygon (MATIC) and a pair of Ethereum (ETH) challengers are on the cusp of ‘unlocking something big.’ In a new video update, the macro guru says that Solana (SOL), Polygon and Avalanche (AVAX) are furthering crypto adoption by carving out their own niches within the industry. According to Pal, SOL has been cutting deals with Big Tech companies and has launched its own retail store, giving it an edge despite a harsh year for its… Source link

Analyst declared Litecoin could face market wipeout, along with two other cryptocurrencies LTC traders opted for unbias as investor sentiment remained negative Leader of the CNBC Investing Club, Jim Cramer, categorized Litecoin [LTC] as one of the cryptocurrencies that might not see the light of another day in the coming years. Appearing at an interview with CNBC’s Squawk Box, Cramer also added Ripple [XRP] and Dogecoin [XRP] to the list that could face an eradication. “I… Source link

Analyst declared Litecoin could face market wipeout, along with two other cryptocurrencies LTC traders opted for unbias as investor sentiment remained negative Leader of the CNBC Investing Club, Jim Cramer, categorized Litecoin [LTC] as one of the cryptocurrencies that might not see the light of another day in the coming years. Appearing at an interview with CNBC’s Squawk Box, Cramer also added Ripple [XRP] and Dogecoin [XRP] to the list that could face an eradication. “I… Source link

The legendary trader who accurately predicted Bitcoin’s crash in January of 2018 says BTC looks primed for another sell-off event. Seasoned analyst Peter Brandt tells his 689,700 Twitter followers that Bitcoin is flashing a candlestick formation indicating a fresh move to the downside for the king cryptocurrency. “Please all be aware that Bitcoin BTC is developing the infamous ‘three blind mice’ chart construction.”  Source: Peter Brandt/Twitter Although the three blind… Source link

Ethereum (ETH) might be gradually turning into a store of value based on the volume of the digital asset being held by long-term investors, CryptoSlate’s analysis of Glassnode data revealed. With Ethereum down by more than 70% from its all-time high during the current market cycle, one would think that investors would massively dump the coin to recoup their funds. However, Glassnode HODL waves data showed that long-term investors currently hold 80% of ETH supply, i.e., those holding the… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Momentum on the daily timeframe flipped in favor of the sellers. If XMR can defend $135, lower timeframe traders could look for buying opportunities. It was a red week for the S&P 500 which fell 6.4% from Tuesday’s (13 December) open at 4092 to a low of 3829 on Friday (16 December). This began to hurt Bitcoin on Wednesday (14 December) when… Source link

Top Stories This Week FTX founder Sam Bankman-Fried arrested, set to be extradited to US Sam Bankman-Fried was taken into custody by the Royal Bahamas Police Force and is likely to stay there until February, after his application for bail was denied in Bahamian court. A second application for bail has been reportedly filed by SBF in the Supreme Court of the Bahamas. His arrest came after the United States government officially filed criminal charges against him —… Source link

InvestorsObserver gives Monero a strong long-term technical score of 89 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders. XMR at this time has a… Source link