– Polkadot price lost 10% of its market value last week. – DOT shows a strong potential to decline toward the $5.36 level. – Invalidation of the bearish thesis would arise from a break above $7.04. Polkadot price shows short-term bearish bias within an uptrend rally that began in the winter of 2023.Traders should keep…
Crypto Hard Forks
Algorand fights FUD from $9.2 million hack, wallet provider urges users to withdraw funds
– Algorand wallet provider MyAlgo urged users to withdraw their funds as the project continues to investigate the cause of the recent $9.2 million hack. – John Woods, CTO at Algorand shared an update on the exploit, confirming there is no underlying issue with the protocol or the Software Development Kit. – ALGO price remained…
Ethereum Completes “Shapella” Upgrade in Preparation for Shanghai Hard Fork
The Ethereum blockchain is set to undergo another major upgrade when the Shanghai testnet occurs next month.And with anticipation already building, its developers have announced a successful rehearsal for the event. All Set for Shanghai An Ethereum insider announced on Tuesday that the blockchain’s Sepolia testnet had successfully undergone an upgrade that essentially simulates the…
Ethereum’s second testnet perfectly models the Shanghai Hard Fork
Today, a second Ethereum test network (testnet) called Sepolia replicated successful withdrawals of staked ether (ETH), pushing the Ethereum blockchain closer to its much anticipated Shanghai Upgrade.The upgrade was initiated at epoch 56832 at 4:04 UTC; completed at 4:17 UTC (11:17 p.m.ET). Ethereum achieves yet another milestone The Ethereum blockchain’s Sepolia testnet has undergone a…
Starter’s Guide: Introduction in Cryptocurrencies
otcsignals59741.myparisblog.com Starter’s Guide: Introduction in Cryptocurrencies Starter’s Guide: Introduction in Cryptocurrencies Blog Article Introduction: To Invest in Cryptocurrencies The first cryptocurrency which comes in to the existence was Bitcoin which was built on Blockchain technologies and doubtless it had been released in 2009 by a mysterious individual Satoshi Nakamoto.At the time penning this site, 17…
New Zealand Retail Sales ex Autos (QoQ) came in at -1.3% below forecasts (1.7%) in 4Q
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UK’s Raab: UK on cusp of new Brexit deal with EU over Northern Ireland
“The UK ‘is on the cusp’ of securing a new Brexit deal on Northern Ireland,” British Deputy Prime minister Dominic Raab told BBC’s Laura Kuenssberg on Sunday. More comments The government had made ‘great progress’ negotiating with the European Union. We’re not there yet, but it would be a really important deal. I think it…
UK PM Sunak may have obtained significant concessions in a looming Brexit deal – The Times
“UK Prime Minister Rishi Sunak has launched a private charm offensive to win around influential Conservative Brexiteers to his compromise Northern Ireland Brexit deal,” said The Times on Sunday. “Sunak may have obtained significant concessions in a looming Brexit deal,” the news adds. Also read: UK’s Raab: UK on cusp of new Brexit deal with…
GBP/USD Price Analysis: Downside looks favored as US PCE data supports more rates from Fed
– GBP/USD is looking vulnerable above 1.1940 amid the risk-off market mood. – The USD Index is gathering strength to reclaim the immediate resistance of 105.00 amid hawkish Fed bets. – Downward-sloping 20-and 50-period EMAs add to the downside filters. The GBP/USD pair is displaying a volatility contraction around 1.1940 in the early Tokyo session.The…
ECB Lagarde: We will do another 50 basis points in March
More tightening will be required if fiscal cooperation is absent, Christine Lagarde, president of the European Central Bank said as reported in The Economic Times. Largde said, ”there is every reason to believe that we will do another 50 basis points in March.After that, we will see.We are data dependent.” She added, ”we will do…