It appears certain individuals have developed an interest in purchasing listed tokens that no longer have market value or development activity.

XRP price is trading sideways alongside most cryptocurrencies in the market today. The coin had been trading above $0.5 until April 21, when a bearish wave pushed it below $0.45 to $0.43. The token has witnessed a slight recovery above $0.46 today.

As a result, crypto enthusiasts fear a further decline in XRP. Notably, a prominent crypto analyst shared a post responding to his friends forecast of XRP slumping to $0.10, but Egrags response was that technical indicators on XRP price dont support such a price decline. 

No Technical Indicator Supports Dropping To $0.10, Says Egrag

The ongoing market-wide downturn has caught up with XRP, its price has been gaining momentum over the past few weeks. The coin succumbed to the bearish trend, pushing it to lose its past weeks gain by 9.87%. This downturn has stirred reactions among the crypto community, with people, including Egrags friend speculating a drop back to $0.10.

However, Egrag reacting to his friends forecast, said it was a wrong call. The analyst shared some technical insights for XRP in response to the friends prediction. Egrag noted that XRPs movements aligned with his predetermined technical indicators like the Fibonacci targets. And no technical indicator or Fibonacci targets support the idea of Ripples native coin price correction to $0.10.

Egrag said his friends forecast seems more like a personal speculative opinion than an analytic insight. He further noted that while a price correction to $0.10 is possible, the probability is slim and not as low as his friend speculates. Nevertheless, sudden regulatory enforcement could stir up such a price drop for XRP.

Egrag argued that while crypto assets have some immunity against bearish economic events, their prices are still susceptible to unforeseen occurrences. Therefore, any notable XRP price decline to $0.10 would rather be due to a regulatory action instead of mere market forces. 

So, Egrag concluded that a price fall to $0.10 for XRP is technically impossible without unfair regulations. He encouraged the XRP Army to remain steadfast in support of the token as a significant price correction presents a buying opportunity.

XRP Price Outlook

Meanwhile, the XRP community anticipates the summary judgment for the Ripple vs. SEC lawsuit regarding the tokens status as a security. 

Related Reading: Shiba Inu Gets Stuck In Price Range Will SHIB Break Free?

Experts speculate the outcome of this lawsuit will cause a notable change in the crypto market. Attorney John Deaton, Amicus Curiae in the XRP lawsuit, forecasted tha...

Bitcoin's weekly price chart (CoinDesk/Highcharts.com)

To bring about much-needed evolution in DeFi, entrepreneurs will need to rethink business strategies to fit investors evolving expectations for more than quick returns.

<p class="p2">The crypto market was hit hard during the weekend as prices from Bitcoin to altcoins fell rapidly. During this time, there was also a decline in the trading volume and momentum in the market, which was partly responsible for the losses recorded. Now, with the new week, there is still a lot of skepticism in the market as Bitcoins decline below $30,000 could mean that the bear market is back in full force.</p> <h2 class="p2">Crypto Fear & Greed Index Remains Neutral

One thing that highlights how investors are feeling when it comes to the market is the Crypto Fear & Greed Index. This index takes into account things such as social media sentiment, market momentum, volatility, etc, and with this, it provides a score based on a 1-100 scale.

Now, on this index, 1-25 marks extreme fear, which is when investors are very wary of the market. 26-50 is the fear territory but with less wariness from investors. 51-75 is greed, a region that shows investors are more likely to invest in the market. And finally, 76-100 is extreme greed when the euphoria is the highest in the market, usually seen in bull markets.

However, the 48-52 levels are usually reserved for the neutral level which is where the index currently sits. At this level, investors are usually reeling from a price surge or crash, and it shows an unwillingness to make any further moves until there is a better-defined movement in the market.</p> <p><img alt="Crypto Fear & Greed Index" class= "size-medium wp-image-528310 aligncenter" height="140" src= "https://www.newsbtc.com/wp-content/uploads/2023/04/Screenshot-2023-04-24-at-13.02.05-460x140.png" width="460"></p> <p class="p2">If the index continues to maintain its neutral territory, then the crypto market may see prices consolidate for a while until investors are confident enough again to start getting back into the market.</p> <h2 class="p2">Could The Bear Market Be In Full Bloom?</h2> <p class="p2">Presently, the crypto market is still seeing sideways movement rather than a definite upward or downward movement. This only shows a lack of interest in the market right now and...</p>

Binance released a new AI-driven tool it named the Binance Sensei that uses machine learning to generate answers from its education platform to help users learn about Web3.

A single Cointelegraph Markets Pro alert delivers a triple-digit winner in 24 hours for crypto traders.

France will align its domestic set of crypto rules with the EU's MiCA (Pierre Blach/Pixabay)

Zimbabwe will introduce a gold-backed digital token as legal tender. (Camomile Shumba/CoinDesk)

A crowd looks past the Cardano booth at Consensus 2022 in Austin, Texas. (Danny Nelson/CoinDesk)

Here are 10 data points to help you figure out whether a project could be worthy of investment, or should be desperately avoided.

China was one of the first nations to start working on its CBDCs. However, despite the completion of its development, the government is yet to officially launch the CBDC.

Terraform Labs founder Do Kwon in a 2021 photo. (Terra)

One day, you will probably tell your grandchildren about the Wild West days of cryptocurrency.

Money Cash Currency Bills (Pixabay)

Bitcoin has been declining since it hit $30,000 last week. (Andriy Onufriyenko/GettyImages)

The deep correction in the crypto market, led by the collapse of the Bitcoin price, has pushed the Shiba Inu (SHIB) price back into bearish territory. From a technical point of view, new bull moves are far away at the moment; before that, an make-or-break price level has to be defended and a resistance level that has manifested itself since the beginning of March has to be broken.

Shiba Inu Price At Pivotal Point

But first things first. A look at the 1-day chart of Shiba Inu shows that the price has fallen to the edge of the key support level. At press time, SHIB was trading at $0.00001021, slightly above key support at $0.00001005.

As recently as early last week, a bullish picture was evolving for Shiba Inu. The price formed an ascending triangle on the 1-day chart, which is one of the continuation patterns and thus opened the chance for a more than 50% rise within the next weeks.

However, due to the market-wide downturn, SHIB broke the ascending triangle to the downside. The pattern was invalidated, so that the Shiba Inu price is now stuck again in the range between $0.00001005 and $0.00001151.

If the bulls fail to defend the range, a fall to $0.00000965 would be the most likely scenario before SHIB could possibly drop to the price level at $0.00000855. A breakdown below the trading range would be a clear break with the trend.

Holding the support is of utmost importance to start a new run towards the range high at $0.00001155.

A look at the 1-hour chart reveals that SHIB is showing slight signs of recovery. The price has initially formed a falling trend line which was broken at press time. This was followed by a re-test that is currently underway. SHIB now needs to show a significant move to the upside; at best a bounce and break above the $0.00001080 price level.

The crypto exchange announced that it will fully reimburse all the verified asset losses from the fake giveaway promotion.

A former sales account manager describes pitching Bitcoin with a focus on influencing perspectives while maintaining honesty and integrity.

This is an opinion editorial by Source Node, a former sales account manager with a background in training and industrial-organizational psychology.

When I pitch Bitcoin to a relative, to a friend or to a complete stranger in the bathroom stall next to me, they will inevitably ask, "How is this benefiting you? Are you going to make money from me buying bitcoin?"

In one sense, the honest answer is yes, but my main objective is actually to alleviate suffering.

Will any single investor buying bitcoin make my bitcoin increase in value? Not unless I'm convincing a hyper-rich communist sympathizer like Charlie Munger to hop onboard. The average investor buying $1,000-worth of BTC is not going to change the price of bitcoin. In fact, even a very wealthy investor allocating $100 million may not significantly change the price of bitcoin. In that sense, I am not benefiting directly from convincing individuals to buy bitcoin at all.

However, given the early stage of adoption that we are currently experiencing, the asymmetric upside of investing in bitcoin today has the potential to turn a relatively-small investment into life-changing financial security. For this reason, the motivation to pitch Bitcoin to people I care about is greater now than it will be in the future. The potential future which Bitcoin enables for myself and for society is the primary driving force behind my participation in the network. The prospect of living in a world of abundance, voluntary behavior and geopolitical cooperation is becoming more achievable by the block. I wish to benefit from the transition to that world and I wish for those whom I love (as well as random strangers I encounter) to benefit from it as well.

I know I am not the only one who holds this view. It seems to be a natural inclination for nearly every Bitcoiner to compulsively pitch Bitcoin to their friends, relatives and acquaintances. Unfortunately, I have seen many people become exhausted with these pitches. This exhaustion seems to slow down adoption more than support it, which indicates to me that some of what I have...

After seizing 213,000 bitcoin in 2017, Bulgaria now has an opportunity to become one of the wealthiest countries on earth.

This is an opinion editorial by Ahmed Botan, a marketing professional with a focus on Bitcoin-based projects.

Bulgaria, a small country located in Southeast Europe, nestled between Romania and Greece, is set to become one of the wealthiest countries in the world.

The reason for this is its possession of 213,000 bitcoin, which its authorities seized from a group they labeled as criminals in 2017. According to the South East European Law Enforcement Center (SELC), the group hacked the Bulgarian customs agencys computers and made changes to the system so that their partner companies could import goods while avoiding paying taxes on them.

Immediately following the crackdown, the bitcoin seized was worth about $500,000, however, it would now be worth closer to $6 billion dollars, as of April 2023. While the details around the BTC seizure are unclear, and it is not totally clear whether the country still holds that bitcoin or what it plans to do with the stack if it does, the potential of a nation like Bulgaria holding this much BTC is worth exploring.

As the value of bitcoin is, in the view of many, set to go up a lot higher still in the coming years, Bulgaria could stand to become very wealthy.

The Rising Price Of Bulgarias Bitcoin

While the future price of bitcoin is impossible to predict, there are some prominent examples of experts explaining why they are confident Bulgarias bitcoin holdings will grow exponentially in value.

Jesse Meyers, the COO of Onramp Bitcoin who holds an MBA from Stanford University, has predicted that the bitcoin price will hit $10 million in the coming decades. Ark Invest CEO Cathie Wood has predicted bitcoin will reach $1 million by 2030 in a bullish scenario. Similarly, Arthur Hayes, co-founder of BitMex believes that bitcoin could hit $1 million by 2026.

Most recently, the former CTO of Coinbase,...

Bitcoin on-chain data hints that selling from the miners may have been behind the latest plunge in the assets price below the $28,000 mark.

Bitcoin Miners Have Shown Signs Of Selling Recently

As pointed out by an analyst in a CryptoQuant post, miners had been putting on some selling pressure on Bitcoin while the decline had happened. A relevant indicator here is the miner netflow, which measures the net amount of Bitcoin entering into or exiting the wallets of all miners.

When this metric has a positive value, it means a net number of coins is being transferred into the wallets of miners right now. Such a trend implies that these chain validators are accumulating currently, which is naturally something that could be bullish for the price.

On the other hand, negative values suggest miners are transferring some BTC out of their holdings at the moment. Usually, miners transfer out their coins whenever they want to sell them. Hence, negative netflow values can have bearish consequences for the asset.

Now, here is a chart that shows the trend in the 30-day simple moving average (SMA) Bitcoin miner netflow over the past week or so:

As displayed in the above graph, the 30-day SMA Bitcoin miner netflow registered a very sharp red spike when the cryptocurrencys price was in the middle of its decline a few days ago.

BTC was just above $28,000 when this spike came, but the asset rapidly plummeted to the low $27,000 level following it. The timing of these large net outflows taking place from the miners may be a sign that it was this cohorts selling that at least partially contributed to the coins drawdown.

The chart for the 30-day exponential moving average (EMA) Bitcoin miner reserve, a metric that measures the total amount of BTC all miners are holding right now, also shows this spike:

This plummet in the Bitcoin miner reserve from a few days ago naturally makes sense, as the netflow is nothing but a measure of the changes taking place in this metric. From the chart, its visible that while the outflows may have bee...

The court says that It is difficult to see the Luna token as a financial investment product regulated by the Capital Markets Act.

Romanias Informatics Institute is set to launch an institutional NFT trading platform, using Web3 to create a link between the public and private sectors.

Learn how to become a game developer with the help of ChatGPT, including learning programming among other things.

After weeks of gains, the crypto market finally succumbed to the bears. According to CoinMarketCap, the total market cap of cryptos is at $1.12 trillion, a measly 0.22% increase from yesterday. Since the start of the week, the metric has gone down by 9%. 

This was largely caused by economic woes that plagued US equity markets. With stocks also experiencing meager gains, these cryptocurrencies are to be avoided, if you are an investor, as they bled the hardest as major cryptos dropped in value. 

As the markets continue to bleed, will these cryptos drop even lower?

Top 5 Cryptos Usher In The Week With Losses

CFX

As Ethereum experiences the biggest drop compared to its Bitcoin peer, Conflux followed the top altcoin in the market closely. According to CoinGecko, the token is down 23% since the past week, signaling to investors CFXs losing week. 

Investors should be cautious of a bearish breakthrough on $0.2847 as it could bring the token back $0.1471. However, the bearish scenario might turn into a reality as CoinGlass data points to a robust bearish presence in the market. 

ARB 

As of writing, ARB is down nearly 21% in the same timeframe. Investors on the token are closely following the sentiment around Bitcoin and Ethereum, and with the two biggest cryptos experiencing pain, ARB is experiencing a magnified bearish sentiment. 

Investors and traders on ARB should be cautious about putting more money on the token. At press time, ARBs current trajectory puts it on the path back toward $1.1930. If this comes to fruition, ARB bulls are left to defend this crucial support. 

APT 

Even with development strongly favoring Aptos continues, the token is not fairing well amid a bearish takeover. According to CoinGecko, APT itself is down nearly 20% in the weekly timeframe. 

ICYMI: @BwareLabs will be on the next...

The Canadian musician took to Twitter to voice her support of AI-generated music using her voice, saying she is willing to be a guinea pig for the new technology.

Former bounty hunter Steven Walbroehl says companies sometimes downplay bug discoveries and refuse to pay bounties, claiming that the bugs were not critical.

Bitcoin price has written a red candle in the 1-week chart for the first time after five consecutive weeks. As NewsBTC reported, the price is in a critical zone in the 1-day chart to maintain the long-term uptrend. Therefore, the next few days could be of great importance to determine the trend.

Was $27,000 Already The Local Bottom For Bitcoin?

Co-founders of on-chain analytics solution Glassnode, Jan Happel and Yann Allemann, agree that the bulls remain in control, but need to slowly turn the tide. Bitcoins long-term uptrend is intact, they write, but point to weakened momentum due to low trading volume.

As Bitcoin currently hovers near support levels, smaller fluctuations of +/- $1k are anticipated, while moves between $27.5k and $32k would still be within the normal range as shown by the weekly volatility bands.

However, the analysts expect some wicks to the downside. In case of a sustained downside break, the next support area would be at $25,500 to $26,000 . But according to the analysts, the risk is rather low.

The Bitcoin risk signal is at 0 and looks a bit shaky in the short term despite the recent volatility, but is not indicating any panic selling. The Fear and Greed Index has pulled back from the greed zone to a neutral position at 52 points. Moreover, the analysts argue for a healthy correction in the market:

The current market environment, characterized by unrealized profits outpacing unrealized losses (see NUPL on glassnode), implies optimism in the medium and long term.

Technical analyst Michal van de Poppe expects that there will be a classic Monday drop before ther...

BTC price action may have taken a serious hit last week, but not every class of Bitcoin investor is dashing to the exit.

AI can contribute to fraud management by detecting data anomalies, identifying fraudulent behavior patterns and automating fraud detection processes.

(Unsplash, modified by CoinDesk)

The video showed multiple scenes depicting rows of what appears to be Bitcoin mining rigs, but the cryptocurrency never got a mention.

(Unsplash, Kanchanara)

Janet Yellen called for further regulation of nonbank institutions, claiming they pose a systemic risk to U.S. financial stability.

Loopring (LRC) prices remain under pressure, dropping roughly 20% days after announcing the launch of non-fungible token (NFT) Red Packet 2.0.

Loopring Announces Red Packet 2.0

Loopring, a layer-2 decentralized exchange using zkRollups on Ethereum allowing traders to exchange assets, said NFT Red Packet 2.0, currently available on their Loopring Smart Wallet and the web app, let users transfer ERC-20 tokens and NFTs adapted to the ERC-1155 standard. 

Unlike the popular ERC-721 standard for building NFTs, the semi-fungible tokens and ordinary NFTs. 

Loopring developers started building Red Packets in 2021. However, developers expanded on traditional Red Packets creation when they also announced Blind Red Packets on April 20. 

Using this solution, users can only unveil the content of the packet after a given period. 

Supporters claim Red Packets will change the economics of NFTs and drive mainstream adoption while opening up more possibilities, especially in gaming, ticketing, and more, primarily because of the cost involved.

Unlike transacting on the Ethereum mainnet, using layer-2 platforms for trading or asset transfer is relatively cheap. 

Users can securely send assets, including tokens and NFTs, off-chain while avoiding the high fees. However, they still are secured by the Ethereum mainnet.

As an illustration, users on the mainnet have to pay $43.83 when writing on April 23. Meanwhile, based on L2Fees data, sending ETH on Loopring costs $0.06. 

Because of this allowance, users can pack thousands of NFTs on Looprings Blind Red Packets and gift them to users without having to pay high fees. It is an addition that the Loopring community has positively received, but that has not prevented prices from edging lower, as visible in the daily chart.

LRC Drops 20% In 5 Days

LRC is trading at $0.338, down 20% from April highs, and is underperforming Bitcoin and Ethereum in the past 24 hours. 

Notably, prices broke lower on April 19 before they were confirmed on April 20 and in the second half of last week. 

When writing, prices are stable but remain within a bearish formation, having reversed all losses posted on April 14. On this day, Loopring revealed that more than 200,000 unique addresses were using its platform.

Despite the contraction of LRC prices, the...

Cardanos price started a fresh decline from the $0.460 resistance. ADA could decline further if there is a clear move below the $0.38 support.

• ADA price declined heavily from the $0.460 resistance against the US dollar.
• The price is trading below $0.400 and the 100 simple moving average (4 hours).
• There was a break below a key bullish trend line with support near $0.4150 on the 4-hour chart of the ADA/USD pair (data source from Kraken).
• The pair could start a recovery wave if it clears the $0.400 resistance zone.

Cardanos ADA Price Revisits Key Support

After a decent increase, Cardanos price faced resistance near the $0.460 zone. The price faced an increase in selling pressure and started a fresh decline below $0.420, similar to Bitcoin and Ethereum.

There was a clear move below the $0.40 support zone. Besides, there was a break below a key bullish trend line with support near $0.4150 on the 4-hour chart of the ADA/USD pair. The pair even tested the $0.380 support zone.

A low is formed near $0.3803 and the price is now consolidating losses. It is trading below $0.400 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.400 zone. It is near the 23.6% Fib retracement level of the main decline from the $0.4616 swing high to the 0.3803 low.

The next major resistance is forming near the $0.410 zone or the 100 simple moving average (4 hours). If there is an upside break above the $0.400 and $0.410 resistance levels, the price could start a decent increase.

Source: ADAUSD on TradingView.com

In the stated case, the price could rise steadily toward the $0.41...

MATIC had been consolidating between $1.4 and $1.8 until it faced bearish pressure and declined. Over the last week, it depreciated nearly 16%, with a 6% dip on the daily chart. The technical outlook indicated bearish price action, with a drop in demand and accumulation.

Major altcoins also struggled to surpass their resistance levels as Bitcoin corrected itself. MATIC is currently stable on its local support line, but it broke two crucial price floors, suggesting that bears could dominate upcoming trading sessions.

A further round of bearish pressure could cause bears to take over entirely, causing MATIC to fall through its local support line. On the daily chart, the altcoins market capitalization indicated a negative change, implying that sellers were taking control.

MATIC Price Analysis: One-Day Chart

The altcoin had struggled to maintain its value above $1 and dropped to $0.98. The overhead resistance of MATIC was $1.02, but due to a consistent decrease in demand, buyers lost confidence in the asset. If the price can break above the $1.02 resistance level, it may reach $1.06 and recover the bullish momentum.

However, if the price falls below $0.98, the local support line is at $0.96, and if the altcoins value drops further, it may break through the support line and trade around $0.90 before seeing any recovery. The last session showed a red volume bar, suggesting a decline in buying pressure on the daily chart.

Technical Analysis

The post A New Dawn for Crypto? | This Week in Crypto Apr 24, 2023 appeared first on 99 Bitcoins.

Crypto regulation is in the spotlight as the EU passes the worlds first crypto legislation

A New Dawn for Crypto? | This Week in Crypto Apr 24, 2023 Read More

The South Korean central bank will be able to access crypto transaction data from exchanges operating in the country.

Ethereum price extended its decline below $1,920 against the US Dollar. ETH could continue to move down if it breaks the $1,820 support zone.

• Ethereum traded further lower below the $1,920 support.
• The price is trading below $1,920 and the 100-hourly Simple Moving Average.
• There was a break above a major bearish trend line with resistance near $1,860 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair could start a decent increase if it clears the $1,920 and $1,975 levels.

Ethereum Price Turns Red

Ethereums price gained bearish momentum after it settled below the $2,000 support. ETH extended its decline below the $1,950 and $1,920 support levels, similar to Bitcoin.

The bears even pushed the price below the $1,880 support. A low is formed near $1,827 and the price is now consolidating losses. Ether is now trading below $1,920 and the 100-hourly Simple Moving Average. Recently, there was a minor increase above $1,850. There was a break above a major bearish trend line with resistance near $1,860 on the hourly chart of ETH/USD.

Immediate resistance is near the $1,900 zone. It is close to the 23.6% Fib retracement level of the main drop from the $2,125 swing high to the $1,827 low. The next major resistance is near $1,920.

An upside break above $1,920 might send Ethereum toward $1,975 or the 50% Fib retracement level of the main drop from the $2,125 swing high to the $1,827 low. The next major resistance is near the $2,000 zone, above which the price may start a decent increase.

Source: ETHUSD on TradingView.com

In the stated case, the price could rise toward the $2,080 resistance. Any more gains could send...

Hydrogen Technology Corp. and its former CEO will pay $2.8 million in fines and remedies for allegedly operating a price manipulation scheme.

Crypto analysts are pondering the market's next turn. (Musee Rodin via Wikipedia, modified by CoinDesk)

OPNX chief Leslie Lamb called out a number of venture capital firms on Twitter after some rushed to distance themselves from the company.

Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York.

Altcoin prices have crumbled since BTCs sharp pullback, but BNB, ADA, XMR and TON could be the first to bottom.

The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency.

Over the last few days, Avalanche has experienced significant losses, plunging by almost 20%. On a weekly timeframe, AVAX has lost 10% of its market value. Although the daily timeframe indicates that AVAX has made a slight upward movement on its chart, with an appreciation of 1.6%, the technical outlook for Avalanche remains bearish.

Buyers have been cautious about price movements while sellers have dominated the market, leading to a decrease in both demand and accumulation on the daily chart. In order for the Avalanche price to experience some relief, it needs to break above the $18 mark.

However, the $17 price level has acted as a supply zone for the altcoin. If bulls cannot defend the current price mark of the altcoin, the bears may take full control of the assets price.

Similar to other prominent altcoins, major market movers have been struggling to break their crucial resistance levels. The decline in AVAXs market capitalization indicates a decrease in buying pressure in the market.

Avalanche Price Analysis: One-Day Chart

At the time of writing, AVAX was priced at $17.17. The immediate resistance for the altcoin was at $18, and if breached, could lead to a push towards $19, thereby strengthening the bulls.

However, if Avalanche continued to trade sideways, a fall below the $17 level was expected. In such a case, the next support level for the asset was $15.

The altcoins recovery was dependent on buyers stepping in to push its price above the $18 mark. The recent amount of AVAX traded was red, which suggested an increase in selling pressure in the market.

Technical Analysis

An educator recalls three times she was able to help strangers better understand Bitcoin out in the wild.

This is an opinion editorial by Tali Lindberg, co-founder of Free Market Kids, a company focused on financial literacy and Bitcoin education.

My husband and I decided to become Bitcoin educators because we passionately believe that Bitcoin is a money standard everyone should know about. However, it can be very discouraging sometimes when most people see us as religious, cult evangelists who they should avoid or only politely tolerate.

But then, out of the blue, Ill experience amazing conversations with people who are ready to hear what we have to say. They are just waiting to find someone to discuss Bitcoin who can help them understand it better.

This article describes three such encounters Ive had in unexpected places. As the saying goes, (slightly modified), When the student is ready, the teacher (me) will be sent to them.

One: GoDaddy Tech Support

A few months ago, when my husband Scott and I were just starting our financial-literacy- and Bitcoin-focused organization Free Market Kids, we had a lot of trouble getting our website to work correctly. I spent hours with tech support through various service providers. During this incident, I called GoDaddy support and was instructed to reboot my computer.

While we were waiting for the computer to do its thing, instead of sitting on the line in silence, I began to chit chat with the support guy about where he was located, the weather, etc. Pretty soon, we were asking each other about our work and life experiences.

He asked, So, what is Free Market Kids?

Well, we teach people about Bitcoin and money with our board games, I answered.

Bitcoin! Sighing deeply, he continued, I sold mine years ago.

He explained that, early on, he had been persuaded by his friend to mine Bitcoin. When the price went up, he got excited and sold all his bitcoin because he needed the cash for something.

And now, he lamented, Im watching the bitcoin price go up like crazy, and I cant believe I blew my chance!

I asked him what he knew about Bitcoin, aside fr...

The price of Ethereum has fallen below $1,900, dropping from the $2,000 mark that was previously held by bulls. This has led to another sell-off and the bearish influence remains strong despite attempts at recovery.

In the last 24 hours, Ethereum has risen by only 1.2%, but on the weekly chart, the altcoin has seen a significant drop of over 10%. The technical outlook for Ethereum is also in favor of the bears, as demand and accumulation for the altcoin have decreased. In order for Ethereum to make a recovery, it is crucial for it to breach the immediate resistance strength from buyers.

Despite this, most altcoins, including Ethereum, have remained bullish on the higher time-frame structure. However, bulls must defend the following support line or supply zone for Ethereum to start its recovery.

With Bitcoin struggling under the $30,000 price mark, many altcoins are also experiencing difficulty in breaking through their immediate price ceilings. On the one-day chart, the decline in the market capitalization of Ethereum indicates a decrease in buyers.

Ethereum Price Analysis: One-Day Chart

At the time of writing, ETH was valued at $1,880, having fallen below its bearish block ranging from $1,900 to $2,000. This drop in price is likely due to a routine price pullback, as Ethereum had traded above the $2,025 price mark after approximately eight months. However, as selling pressure increased, the bears have taken control.

The immediate overhead resistance for the altcoin is $1,910. A move above this level could potentially push ETH to touch $1,950, which may help to facilitate a price recovery. Conversely, the support levels for ETH are currently at $1,840 and $1,820.

During the previous session, the amount of ETH traded was in the red, indicating an increase in selling pressure.

Technical Analysis

PepeCoin (PEPE), a newly launched memecoin, has been a focal point of investors interest in the last few days due to its massive market gains. In a crypto market that is generally bleeding red, PepeCoin, along with a host of other memecoins, has been quite profitable for investors. 

PEPE Gains 42% In 24 Hours

According to data from CoinMarketCap, PEPEs market price has increased by 42.03% in the last day, making it one of the biggest gainers in the crypto space. More interestingly, PEPE has gained over 528.17% following its launch on Monday, April 17.

As earlier stated, PepeCoin (PEPE) is a memecoin; however, it differs from most popular memecoins as it was inspired by the cartoon character Pepe the Frog rather than the Shiba Inu dog. According to the bio on its official Twitter handle, PEPE is described as the most memeable memecoin in existence by its developers.

Interest quickly grew around PEPE following a high-profile purchase that saw an investor reap nearly 4,500 times his initial investment. 

Barely days after purchasing 5.9 trillion PEPE tokens with 0.125 ETH, valued at $250, this memecoin investor saw his investment surge to a peak value of $1.8 million. As expected, this led to a massive influx of investors into the PEPE market as everyone is seeking to make a quick profit.

However, there is still much concern about PEPE, as with all memecoins. For PepeCoin, its major concerns center on the currently low liquidity of the token. Without a moderate liquidity level, it may be hard for investors to convert their tokens to profit regardless of how high their value rises.

At the time of writing, PepeCoin is trading around 0.0000003341, with a daily trading volume of $87.98 million. Based on additional data from CoinMarketCap, the token has also attained an impressive market value of $145.66 million. 

Memecoins Record Heavy Gains, Draw Investors Interest

Memecoins are a type of cryptocurrency based on internet memes and are promoted majorly by celebrities engagements. While these tokens are usually criticized for their lack of utility, they can serve as a source of quick and large gains especially upon launch as seen with PepeCoin.

In addition to PEPE, some other meme coins have generated significant profit in recent times, even amidst the general crypto market dump. 

Examples of such tokens include Tamadoge (TAMA), ArbDoge AI (AIDOGE), and Good Gensler (GENSLR), whic...

Following its disappointing market dip last week, the price of Shiba Inu (SHIB) seems to be in recovery at the moment. In fact, some analysts are backing the meme-inspired token to embark on an impressive bullish run anytime from now.

Over the past 24 hours, Shiba Inu seems to be on a reversal after losing nearly 10% of its value during the week. Today, SHIB is up by 2%, and it appears to be building momentum for a price rally.

Shiba Inu Holds Above Critical Support

Shiba Inu has been on a downward trend in the past few days, despite the buying frenzy by the SHIB whales. It is, however, worth noting that this whale accumulation trend has somewhat slowed down in the last 24 hours.

Bitcoin, the largest cryptocurrency by market cap, experienced a significant price drop in the previous week, which affected the entire crypto market. It is understood that the latest bearish trend of the blue-chip crypto impacted the value of several altcoins, including SHIB.

The Shiba Inu price decline started on Wednesday, 19th April, with the coin losing more than 5% of its value in one day. The meme token would fall by a further 7.47% in the next few days.

However, SHIB has displayed remarkable strength and stability by not sliding beneath the $0.00001 price level, which was last breached on March 10. Since rising back above this level on the same day, the Shiba Inu market has been in consolidation, with its price ranging between a low of $0.0000101 to a high of $0.0000117.

Time For A Rally?

As of this writing, a SHIB token is valued at $0.00001046, according to data from CoinGecko. This reflects a nearly 3% increase since the coin found support at the critical $0.0000101 level.

Shiba Inus ability to hold above this significant support level is a strong indicator of bullish momentum. After all, this threshold has proven to be a vital point a couple of times already. A sustained hold above this level would likely lead to a major price upswing.

Additionally, going by past price action, Shiba Inu looks set for another retest of the range high at $0.0000117. If there is prolonged buying pressure, we could see SHIB break this level to the $0.0000126 point. This move would represent a 20.4% increase from the current price.

While this projection looks very much plausible, it may not go as planned if the SHIB price does not gather enough bullish momentum from this current run. 

A horrendous bearish engulfing risks defining the weekly close, but all may not be lost, insist Bitcoin price analysts.

Personnel in public service, public institutions and state-owned units at all levels in the city will be compensated with the digital yuan.

The new unit, Google DeepMind, was formed by merging the Brain team from Google Research and DeepMind, a London-based AI company Google purchased in 2014.

CryptoKitties is a blockchain-based game where players can buy, sell and breed digital cats with unique attributes.

Decentralized exchange Uniswap and venture capital firm Andressen Horowitz were revealed as former clients of LaBolt in a recently published public financial disclosure report.

0.00010 BTC = 2.76 USD
1.00 USD = 0.00004 BTC
Converter

China and Singapore will collaborate on concrete initiatives that will catalyze capital flows to support a credible and inclusive transition to a low carbon future for our countries and the region.

Solana is facing its share of the bearish sentiment in the cryptocurrency market today. SOL has held above $20 since it jumped from $18 to $24 on January 14. 

However, the coin has seen a drop of 12.54% in price in the last seven days. Now, investors wonder if there are any signs of recovery.

Crypto Market Plunge Affects Solana

After the collapse of Alameda Research and FTX last year, SOL price joined the trend of price losses in the market. The Solana blockchain raised funds from FTX and Alameda Research, the trading firm of FTX former CEO, Sam Bankman-Fried.

However, when Binance withdrew from its planned takeover of the exchange, it spooked many investors as it meant the termination of support for Solana.

Following the incident, many key investors pulled out from the Solana blockchain. This action led to a drastic drop in price, leaving SOL to struggle. However, the asset started recovering in 2023. It started the year at $9.9610 but gradually climbed, recording rallies and pullbacks until it hit $25 on January 21 before retracing. 

The past weeks were eventful for SOL, as it touched a significant high of $24.7 (April 15). But recently, Solanas price has also been facing challenges as the crypto markets portray several signs of fear due to the threat of economic recession. 

At the time of writing, Solanas price stands at $21.33, indicating a drastic plunge in price by over 13% in the past week, compared to its past weeks performance.

For instance, on January 10, 2023, Solana enjoyed a 12% price increase after the blockchains Shiba-Inu-themed token, BONK, launched.

If another development or event occurs on the Solana blockchain, there could be a possible recovery for the asset.

$19.8 Support Critical To Halt SOLs Downtrend

SOL is in a downtrend today, losing most of its gains in the past week. The asset has declined to the $21 price level as the bears seize market cont...

The price of Polkadot (DOT) has been gradually moving south over the past few days. The price decline cuts across the entire crypto market, with strong signs of bears. The cumulative market cap has dropped by 2.58% to sit at $1.25 trillion in 24 hours.

DOT has finally lost its grip on the $6 region as the bears became aggressive on the token over the past 24 hours. The market is wondering if Polkadot still has a chance to reverse the downtrend.

Polkadot Price Drops Drastically With Prevailing Bearish Trend  

The past few days seem to be turning out more negatively for DOT. The asset hovered between $6.1 and $6.9 last week except on April 21, when it dipped. 

Currently, the 60-day and 90-day price action for Polkadot shows negative values of 4.45% and 5.36%, respectively. Also, DOT dipped by 12.46% over the past 7 days.

After losing its hold on the price level of $7 in February, DOT has maintained a trading price within the $6 region. As of April 21, the price of DOT dropped to its resistance point of $5.8 before correcting. 

However, the price analysis of DOT for the past 24 hours shows the token is gradually going down again within the past few hours. 

At the time of writing, DOT is trading at $5.921, indicating a slight reversal after plunging. The bearish push on DOT from the past few days has spilled over to the weekend.

The crypto market is undergoing a bearish trend, with most crypto assets battling for price stability. Polkadot is included in the market performance. Hence, the selling pressure for the token has exceeded its buying pressure, forcing the price of DOT below the $6 region.

Bears Push DOT Below $6

After three consecutive red days, DOT has formed a green candle on the price chart. However, the bears are still in control as they struggle to reclaim past price levels. 

DOT has dropped below its 50-day and 200-day Simple Moving Averages (SMA), indicating a bea...

The new cell phones purchased for Bankman-Frieds parents cannot automatically photograph the devices users every five minutes as required by the Order, according to a recent court filing.

Elon Musk suggests suing Microsoft, congressman plans bill to remove Gary Gensler, and Societe Generale launches euro-pegged stablecoin.