Category: Economy

DeFi is becoming popular, and science-backed cryptocurrencies are leading the blockchain world. Neo stands out with its unique features. The NEO token has been making strides in the crypto sphere, attracting the attention of investors and traders. The token surged 39.4% in January, nearly hitting $10. 

NEO Price Analysis & Pattern

The value of all digital currencies added up to more than $970 billion at the beginning of the year. Among them, NEO was worth $529.7 million and went up by 3.24% that day. Sadly, the drop of FTX caused serious harm to those who bought it and hit its lowest point in a year at $5.94 on December 30, 2022. But the good news is that the crypto market is bouncing back after the recent dip.

Source: NEO/USDT by Tradingview 

Basically, the stock price of NEO has been going up and seems to be supported around $5.9 to $6.0. … Read more

The FIL token has seen an impressive surge in popularity over the past few months as its utility has increased in the decentralized finance space. The price of Filecoin (FIL) has risen by 27.4% in the past week and is currently standing at $5.45 at press time. As more investors enter the DeFi space, the potential of FIL token price prediction has become an important consideration.

Filecoin (FIL) Network Overview

The decentralized storage network Filecoin utilizes the Interplanetary File Storage (IPFS) protocol to convert unused storage globally into an efficient storage market. Customers pay for low-cost storage with Filecoin (FIL), and nodes that provide storage to the network earn Filecoin as payment for their service. 

This contrasts with centralized cloud storage solutions like Amazon Web Services, Google Cloud, or Dropbox, where data is stored on servers owned by private corporations. The objective of Filecoin is to ensure permanent and … Read more

The price of Loopring has increased by 4.44% in the past week. The price of Loopring (LRC) has decreased today, currently at $0.292924 at press time with a 24-hour trading volume of $169,003,201. However, the price indicates a drop of -1.1% in the last 24 hours. The circulating supply of LRC coins is 1.2 billion, with a total supply of 1373873397.44246. 

Loopring Protocol Partnership with Protocol Gemini

Earlier in the week, the loopring protocol announced its partnership with the Gemini protocol to bring their cutting-edge Web3 games to Ethereum’s Layer 2 solutions. Gemini will elevate on-chain experiences by integrating augmented reality games, metaverses, and escape room experiences. 

Their mission will be to empower players to build communities and infrastructure without restrictions by connecting decentralized and virtual worlds to the real-time environment. Perhaps this is the reason the LRC token is surging to new heights in the crypto sphere.

We’re thrilled

Bitcoin Is in a Narrow Range as BTC Price Stabilizes Above $21K – January 20, 2022

BTC/USD has been trading in a narrow range between $20,600 and $21,500 as BTC Price stabilizes above $21K. Buyers have been working hard over the previous week to keep the price over $21,500. The bottom line is that sellers are still defending the $21,500 barrier level. Additionally, the overbought area of the market is where Bitcoin is restricted. However, Bitcoin can rise if the price returns over the $21,000 support line.

Bitcoin Price Statistics Data:
•Bitcoin price now – $21,095.63
•Bitcoin market cap – $406,448,733,357
•Bitcoin circulating supply – 19,267,218 BTC
•Bitcoin total supply – $443,002,378,470
•Bitcoin Coinmarketcap ranking – # 1

Resistance Levels: $50,000, $55, 000, $60,000
Support Levels: $25,000, $20,000, $15,000

Bitcoin (BTC) has recovered upward momentum as it moves above the $21,000 support level. While attempting to break through the … Read more

Bitcoin Trades in a Tight Range as the Current Uptrend Remains Stationary – January 16, 2022

BTC/USD has been trading below the $21,000 resistance area for the last 48 hours as the current uptrend remains stationary. If buyers manage to keep the price above the $21,000 resistance and the bullish momentum is maintained, the current uptrend will resume. As of this writing, the price of one Bitcoin is $21,191.

Bitcoin Price Statistics Data:
•Bitcoin price now – $21,191.37
•Bitcoin market cap – $408,159,806,317
•Bitcoin circulating supply – 19,263,625 BTC
•Bitcoin total supply – $444,935,300,772
•Bitcoin Coinmarketcap ranking – # 1

Resistance Levels: $50,000, $55, 000, $60,000
Support Levels: $25,000, $20,000, $15,000

Following a minor retracement, Bitcoin is trading in the bullish trend zone. The market for Bitcoin has become overbought as a result of the recent sharp rally. The biggest cryptocurrency is currently retesting the $21,470 historical price level of … Read more