Ethereum Price Undergoes Technical Correction: Market Adjusts After Recent Increase

As an experienced financial analyst, I’ve closely observed Ethereum’s price movements and based on the current trend, it seems that Ether is undergoing a correction after touching the $3,040 resistance zone. The price has dipped below key support levels such as $2,960 and the 100-hourly Simple Moving Average. Furthermore, there’s a bearish trend line forming … Read more

Major Success For Chainlink: US Banks’ Pilot Program Propels LINK Price Up 6%, Details

As a seasoned crypto investor with a background in traditional finance, I’m thrilled about the recent partnership between DTCC, Chainlink, and several major US banking institutions. This collaboration marks a significant milestone for blockchain technology’s adoption in the asset management sector. As a crypto investor, I’m excited to share that the Depository Trust and Clearing … Read more

XRP & Cardano Whales Load Up Bags: Preparation For Altcoin Rally?

As an experienced analyst, I find the recent accumulation of XRP and Cardano whales to be a bullish sign for these altcoins. The buying behavior of these large investors indicates that they have confidence in the future price movements of these cryptocurrencies. Evidence from the blockchain indicates that large investors, referred to as “whales,” have … Read more

ICP Price Drops 10% As DFINITY Foundation Unveils Updated Internet Computer Roadmap

As a researcher with a background in blockchain technology and artificial intelligence, I’m intrigued by the DEFINITY Foundation’s updated roadmap for the Internet Computer protocol. The focus on reducing latency and increasing storage capacity, as well as integrating AI capabilities as smart contracts, is particularly noteworthy. The DEFINITY Foundation, the organization responsible for creating the … Read more