Coinidol.com analyzing cryptocurrency market. The 5 worst performers last week: Conflux, Stacks, Algorand, Graph and BitDAO coins. The collapse of cryptocurrencies was caused by the deteriorating trend. Altcoins are trapped between the moving average lines as they try to overcome them. The cryptocurrencies occasionally fall as the moving average lines continue to reject them. Coinidol.com analysts briefly discuss a few […]

The past few days have favored altcoins with incredible gains. Among the soaring coins is MakerDAO’s governance token Maker (MKR). MKR witnessed impressive price performance in the last seven days, outpacing top cryptocurrencies with over a 48% price increase on the weekly top gainers’ chart. CoinMarketCap data shows that Maker (MKR) price recorded a significant gain of 46.78% among top […]

Coinbase, a prominent United States cryptocurrency exchange, has recently witnessed an upswing in its COIN share prices. This surge comes on the heels of the world’s largest asset manager, BlackRock, choosing Coinbase as a surveillance partner for its re-filed Bitcoin ETF application. In the limelight of this crypto-mainstream finance crossover, Coinbase’s shares have soared by a nearly 12% over the […]

Initial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant towards non-Bitcoin investments by venture capitalists over the past five years. Blockstream CEO Adam Back highlighted the juxtaposition between the lack of venture investment in Bitcoin in comparison to its dominance of the total cryptocurrency market capitalization in conversation with […]

Industry experts believe Hong Kong’s shifting attitude toward blockchain technology, cryptocurrencies and Web3 could entice businesses away from the United States. The city has made a series of moves over the past year to foster the development of the Web3 space and enable retail investment into cryptocurrencies. The latest example of this is the formation of its Task Force on […]

Crypto exchange Gemini founder and CEO Cameron Winklevoss is again threatening to sue Digital Currency Group and its CEO Barry Silbert over delays in the resolution of Genesis for its Earn customers while slamming the CEOfor allegedly trying to play the victim card. In the July 3 “Open Letter to Barry Silbert,” Winklevoss alleged the DCG enterprise had engaged in […]

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 ADA price is showing positive signs above the $0.280 zone against the US Dollar. The price is now trading above $0.285 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.2950 on the […]

The price of Avalanche (AVAX) has shown positive momentum, but it remains range-bound. In the past 24 hours, the altcoin saw a 1.8% increase. However, on the weekly chart, it has retraced all its gains due to the lack of significant movement within the range. AVAX is struggling to surpass the $14 level, which has historically acted as a significant […]

Bitcoin price is moving higher above the $31,000 resistance. BTC could soon rally if there is a close above the $31,400 resistance zone. Bitcoin is showing positive signs and trading above the $30,800 resistance zone. The price is trading above $30,850 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support near $30,920 […]