Monat: Januar 2023

DOT Price Drops Below $6.2, Can It Reclaim Pre-FTX Level?

• Polkadot’s [DOT] price dropped after Bitcoin [BTC] broke below the $23.5K level. At press time, DOT was trading at $6.225, over 4% down in the past 24 hours. • DOT’s drop hit a critical support zone of $6.013 – $6.200 which could act as an inflection point if demand increases at the level. •…
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Ripple’s Battle with SEC: Will Crypto Innovation Succeed?

• Ripple’s lawyer has stated that full crypto regulation may not happen anytime soon, with the earliest enforcement possibly occurring in 2025. • John Reed Stark, a former SEC official, has described Ripple’s efforts to gain sympathy as utter nonsense. • XRP has seen a strong performance after the summer, but is now consolidating. Ripple,…
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Hedera [HBAR] Rallies 10%, Could Breakout to $0.0426?

• Hedera [HBAR] posted an impressive rally over the past seven days, trading at $0.0399. • A patterned breakout to the upside could target $0.0426, but there is a risk of a price reversal if RSI is rejected around the midpoint. • If trading volumes increase, a break below $0.0387 could give the bears more…
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Snapshot Voting Kicks Off for Aave Grants DAO Renewal Proposal

• Aave announced that snapshot voting for a proposal seeking for the renewal of Aave Grants DAO kicked off. • The official announcement revealed that the proposal being voted on was the 4th proposal of its kind aimed at boosting development. • More than 122 grants have been awarded since the last proposal, focusing on…
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