{
Cryptocurrency Markets

SubCategory

}
dogecoin faces significant decline risks dropping below twenty cents
Dogecoin (DOGE) has seen a significant decline of over 30% from its yearly high of $0.48, with bearish signals indicating a potential drop below $0.20. The formation of a "Death Cross" on the DOGE/USD chart and bearish readings from the Super Trend Indicator suggest ongoing downward momentum. Currently trading below $0.33, DOGE faces critical support levels at $0.28 and $0.23, with a risk of slipping to $0.17 if selling pressure continues.
BeInCrypto
Finance & Economy, Market Report
10:30 22.12.2024
solana price struggles at 180 as analysts predict potential rebound
Solana (SOL) has experienced a significant decline, dropping below $200 for the first time in over a month, currently trading around $180 after a 6% drop in 24 hours and nearly 17% over the week. Despite the bearish trend, analyst Ali Martinez suggests a potential rebound, noting that SOL is testing a key support zone between $188 and $179, which previously served as resistance. Indicators like the Relative Strength Index (RSI) and stochastic RSI indicate oversold conditions, hinting at a possible price reversal.
TradingView
Solana USD Ali Martinez
Finance & Economy, Market Report
10:00 22.12.2024
solana price struggles at 180 as analysts predict potential rebound
Solana (SOL) has experienced a significant decline, falling below $200 for the first time in over a month, currently trading around $180. Despite this downturn, analyst Ali Martinez suggests a potential rebound, noting that the price is testing a key support zone between $188 and $179, which has historically acted as a significant resistance level. Additionally, indicators like the Relative Strength Index (RSI) and stochastic RSI are signaling oversold conditions, hinting at a possible reversal in price trends.
NewsBTC
Solana USD Ali Martinez
Finance & Economy, Market Report
10:00 22.12.2024
Hong Kong boosts crypto licenses amid rising transaction volumes and retail challenges
Hong Kong is solidifying its status as a global crypto hub, with a remarkable 85.6% increase in transaction volumes year-over-year, despite retail adoption remaining at 24%. The Securities and Futures Commission (SFC) has accelerated licensing for virtual asset trading platforms (VATPs), now totaling seven, while the Hong Kong Monetary Authority (HKMA) is spearheading initiatives like Project Ensemble to integrate digital assets into traditional finance. These efforts aim to enhance investor protection and foster a stable yet innovative digital asset ecosystem.
Crypto News Flash
Securities AND Futures Commission HKG
Finance & Economy, Market Report
10:00 22.12.2024
bitcoin and altcoins face significant declines as market volatility continues
Bitcoin's price has sharply declined from a recent high of over $108,000, dropping to around $92,000 before recovering slightly to just under $96,000. This downturn has significantly impacted altcoins, with major losses reported for SOL, DOGE, ADA, and others, contributing to a $100 billion drop in the total crypto market cap, now at $3.460 trillion.
CryptoPotato
Finance & Economy, Market Report
09:52 22.12.2024
crypto.com extends partnership with formula 1 until 2030
Crypto.com has extended its partnership with Formula 1 until 2030, enhancing its role as the official crypto and NFT partner. This collaboration includes sponsorship of the Miami Grand Prix and aims to promote blockchain visibility and crypto adoption among F1's global audience of 750 million fans. The partnership reflects a strategic alignment with the sport's growth and Crypto.com's commitment to integrating blockchain technology into the F1 ecosystem.
Crypto News Flash
Crypto.com Staked ETH USD HKG Emily Prazer Karl Mohan
Finance & Economy, Press Release
09:25 22.12.2024
solana shows resilience amid crypto market turbulence and volatility
Amid a turbulent crypto market, Solana (SOL) demonstrates resilience, despite a recent 17.13% drop. Key indicators, including a moderate MVRV ratio and impressive daily net flows of $776 million, suggest strong investor confidence and potential for future growth. With a remarkable 2,143% recovery since November 2022, Solana remains a strategic opportunity, though caution is advised as it navigates a volatile landscape.
Cointribune
Finance & Economy, Market Report
09:20 22.12.2024
bitcoin poised for parabolic rally as technical signals align
A prominent crypto analyst predicts that Bitcoin is on the verge of a parabolic rally, citing technical signals reminiscent of previous market surges in 2016 and 2020. The analyst highlights Bitcoin's recent breach of the upper Bollinger Bands and the early stages of a parabolic ascent indicated by the logarithmic moving average convergence divergence (LMACD) indicator. Currently trading at $97,274, Bitcoin's cycle top is suggested to be yet to come, with the LMACD needing to reach a resistance level of 0.12.
dailyhodl.com
Finance & Economy, Market Report
09:04 22.12.2024
Cardano's ADA Token Growth and Path to Financial Freedom Explained
Cardano's ADA token has shown significant growth potential, currently priced around $0.89, with projections suggesting that 1,000,000 tokens would be needed for millionaire status at a price of $1, while only 25,641 would be required if it reaches its all-time high of $39. The platform's methodical approach to development, highlighted by recent upgrades like the Hydra scaling mechanism and Voltaire DAO, positions it for real-world applications, including potential integration into federal voting systems. With a recent surge in Total Value Locked from $198 million to $695 million, Cardano remains a strong candidate for long-term success in the blockchain ecosystem.
Crypto News Flash
United States Dollar Cardano USD Charles Hoskinson
Finance & Economy, Market Report
09:00 22.12.2024
remittix revolutionizes cross-border payments with blockchain and fiat integration
Remittix (RTX) is revolutionizing cross-border payments by enabling users to convert over 40 cryptocurrencies into fiat and transfer it to any global bank account. With a focus on simplicity, affordability, and transparency, it eliminates hidden fees and middlemen, making it an attractive option for unbanked individuals. The platform also allows businesses to integrate its Pay API, facilitating cryptocurrency payments while providing merchants control over cashing out in multiple fiat currencies.
Analytics Insight
United States Dollar Wise plc Coinbase Global, Inc.
Finance & Economy, Market Report
09:00 22.12.2024
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