Crypto News Updates

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As the broader crypto market continues to show some signs of life, Polkadot (DOT) has been consolidating gains around a very crucial support zone, a move that could trigger a 50% rally in the near term. The token is however facing several downside risks including slowing investor sentiment. Here are some notable highlights though: Polkadot (DOT) is holding strong above the crucial support of $15 and has done so for the past few days. At the time of writing, the coin was trading at $17 albeit it had dropped by about 6% in 24-hour intraday trading. If indeed these gains are sustained, DOT could surge by nearly 50% in the coming few days or weeks. Data Source: Tradingview.com  Polkadot (DOT) – price analysis and prediction The slump in January for DOT has been quite astonishing. In fact, between January 16 and January 24, the token lost almost 45% of its value in a massive bloodbath in the crypto market.  But we are starting to see some signs of recovery. Crucial...

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The crypto winter in January has seen many coins lose value. However, even though we are starting to see some price stability in the broader market, Terra (LUNA) appears to be going against the trend. The coin is quite literally on free fall right now so it begs the question, is it a good buy? Well, more on that below but here are some highlights: In the last month alone, LUNA has seen a sharp decline, falling by nearly 50% during the period. At press time, LUNA was trading at $45, down 8% for the day and down nearly 25% over the past week. The negative sentiment, mostly associated with Terra’s connections with Magic Internet Money (MIM), will continue in the near term. Data Source: Tradingview.com  Is a recovery in sight for LUNA? Right now, it is quite possible that the free fall will continue at least in the foreseeable future. Besides, some investors are raising concerns that the Terra ecosystem could be in danger due to its association with the Anchor Protocol ...

The policy for England, which also includes care staff, will be reviewed in light of the Omicron variant. from BBC News - Home https://ift.tt/WHtRcCnN3

The book identifies a person who may have betrayed Anne Frank and her family to the Nazis. from BBC News - Home https://ift.tt/tFe0YozGs

Terra (LUNA) might drop to over $25 per token in the next few weeks. Harsh monetary policies began to harm bullish assets when they were slack. The price of LUNA is in danger of falling lower, but experts predict a comeback when the cryptocurrency challenges a stable multi-month trend line for security. According to an analytical assessment given by experts, Terra (LUNA) might fall to around $25 per token in the following weeks as a head-and-shoulders (H&S) arrangement develops, signaling a 50% price decline. When the price produces three peaks in succession, the middle peak (referred to as the "head") is higher than the other two (left and right shoulders). The "neckline" is a standard price floor that connects all three peaks. When the market falls below the H&S neckline, traders usually try to begin a short position. Before launching a short position, some traders use a "two-day" rule, in which they wait for the second breakout verif...

Frank Lampard finalises a two-and-a-half-year deal as Everton's new manager and is putting his backroom staff in place and working on new signings. from BBC News - Home https://ift.tt/G1M0vnJUx

Meme coins have risen from relative obscurity to unprecedented popularity. Dogecoin (DOGE) and Shiba Inu (SHIB) achieved huge increases and are now in the top ten currencies in terms of market cap. Dogecoin began the year at USD 0.004681 and has since risen by over 15000 percent to USD 0.7376. Despite the massive price rise, Shiba Inu's returns dwarfed DOGE's, increasing over 70,000,000 percent and creating billionaires out of its early investors. The year 2021 was the year of meme coins. Almost all significant and well-known cryptocurrencies reached all-time highs, with Bitcoin and Ethereum having 134 percent and 563 percent gains, respectively. Shiba Inu (SHIB) price increases after a slow start in 2022 Shiba Inu has followed in the footsteps of Dogecoin since its inception in 2020. Self-styled as a DOGE-killer, it exceeded its canine cousin in terms of percentage gain in 2021. It fell in value at the start of the new year, following Dogecoin and the bulk of the res...

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On Saturday, Decentraland (Mana) expands the consolidated movements. Expect the rally to continue beyond the $2.50 to $3.0 demand zone. A breach below $2.03 would invalidate the bull's hypothesis. The price of Decentraland has remained stable at current levels, making a hammer candlestick on January 22. Although there is less purchasing activity in cryptocurrencies, they are still building a bullish setup. MANA/USD is now trading at $2.31, up 1.23 percent on the day. The current market capitalization of MANA is $4,304,417,127 USD, with a current circulation of 1,824,500,835 MANA coins and without maximum supply. Decentraland (MANA) prepares for a U-turn The price has been on a downward trend on the daily charts since testing the 50-day moving average on December 27. The price had already dropped from all-time highs of $5.91 on November 25, a total value drop of 48 percent. Investors challenged the $3.06 level three times, a support-turned-resistance level. As a result...

Relatives of those killed in Londonderry have gathered to remember loved ones, 50 years on. from BBC News - Home https://ift.tt/HDAca4JYi

While social media allows creators, brands, and communities to set up space on various platforms, they are subjected to some form of control. However, this control can be eliminated using social tokens. Social tokens are cryptocurrencies created by individuals, brands, or communities to serve a relative purpose. Its issuer defines the uses and benefits of a social token .  Although NFTs are non-fungible, they are in some ways social tokens. Personal token, social money, community coin, and creator coin are some of the names social token can be called. Unlike mainstream media, social tokens are built on the blockchain and are secure and decentralized.  Most social tokens are launched on the Ethereum blockchain. The Solana blockchain is also witnessing some action however minute. Social tokens help creators develop symbiotic relationships with their fans. The fans contribute to their growth by investing in their works and supporting them while the creators know what their fan...

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The trend is your friend, but while you can ride it for so long, it's often safe to know when to climb off the surfboard and get on another wave. This is the same for cryptocurrencies. 2021's top rewarding cryptocurrencies might not make the best investments in 2022. And so, to avoid capsizing under the reverse currents of a cryptocurrency, we bring you the top 10 cryptocurrencies to watch in 2022. Solana Competitive Edge: Solid framework and build (faster transactions and minimal fees) Solana is one of those altcoins that has continued to grow steadily through the years after its launch in April 2009. At inception, the project's main focus was to leverage bitcoin's permissionless nature to provide DeFi solutions like smart contracts, payment processing, peer-to-peer lending, and stable coins. Solana's framework allows up to 710,000 transactions per second on a 1GB network without data partitioning. The proof-of-scale also allows users a high level of scalabilit...

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Axie Infinity (AXS) , like most other metaverse and blockchain gaming tokens, has been falling sharply in the last few weeks or so. Nonetheless, we are starting to see some price consolidation. It seems the downtrend is stalling at least for now. But does this suggest a trend reversal is coming? We will analyze this below but first, some highlights: Axie Infinity (AXS) is largely trading sideways at the moment, holding on to its strong support zone of $48. At the time of writing, AXS was trading at $45, down around 5% in 24-hour intraday trading. AXS has been in the bear market for most parts of January and price consolidation could be a sign a trend reversal is near. Data Source: Tradingview.com  Axie Infinity (AXS) – Price prediction and analysis From our analysis, Axie Infinity (AXS) started its downward trend at the start of November 2021. There were a few rallies in between but the general trend has always been downwards.  The 2022 crypto crash did nothing...

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– The price of Cardano is still entrenched in a consolidation trend. – As the token recovers from the bottom border of the prevalent trend line, ADA is striving to hit high degrees. – If Cardano falls below $1.00, the bulls will be in a difficult position. Cardano blockchain has sustained record performance for over two weeks because of the debut of SundaeSwap, the first decentralised exchange (DEX) to be live on Cardano. Notwithstanding the drop in the token’s price due to the continuous down market, the overall value recorded for the ADA blockchain achieved a new high of almost $80 million. Cardano pricing is trapped in a falling parallel channel pattern on the daily graph, indicating that the coin could move downwards. ADA has remained above the bottom limit of the prevalent trend line as dependable support at $1.00. The 38.2 percent Fibonacci retracement level at $1.19 will be the first resistance point for Cardano pricing. Source – TradingView The 50-day SMA at $1.28, whi...

An audit finds the system for checking agri-foods entering Northern Ireland does not comply with EU rules. from BBC News - Home https://ift.tt/3r9Grt1

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A new health and social care tax is being introduced in April. from BBC News - Home https://ift.tt/3yQyUQl

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After experiencing a lot of selling pressure for the best part of the year, Dogecoin (DOGE)  has surged past a key support zone. The meme coin is now looking primed for a massive plunge and with the trend already being bearish, it would not be a surprise for DOGE to hit new lows. Here are some highlights. Dogecoin (DOGE) has slid below $0.15, a key support zone that bulls had protected fiercely in recent weeks. At the time of writing, DOGE was trading at $0.1448, down nearly 5% in 24-hour intraday trading. The meme coin is also way lower compared to the all-time highs it hit in 2021. Data Source: Tradingview Dogecoin (DOGE) – Is a wipeout coming? The $0.15 support zone has been tested several times before. But DOGE managed to rally from there after bulls held strong. But this time round it seems downward pressure is simply too much.  We are watching to see how long the meme coin can stay below that threshold. If there is no decent upward momentum in the comin...

Non-Fungible tokens or NFTs are becoming big and will be a huge part of the crypto world in the years ahead. Because of this, there are a lot of people out there who are buying and holding these assets. Of course, not all NFTs will make you money. But some have gone on to sell for millions so it's worth a try. Here is why NFTs will be big: We are starting to see a lot of institutional interest towards NFTs with many big players stepping in. There is a lot of buzz around NFTs and so much media coverage, something that could bring in more demand. More and more NFT exchanges are emerging to facilitate fast and low-cost NFT trading. Speaking of exchanges, in case you are thinking of buying NFTs, here are two top platforms where you can get amazing options: Crypto.com (CRO) Crypto.com (CRO ) is one of the most notable crypto exchange platforms in the world. It however launched an NFT marketplace designed to take advantage of its vast ecosystem and infrastructure,  Crypto...

Dave "the Rocket" Ryding won Britain's first ever alpine skiing World Cup gold medal on Saturday. from BBC News - Home https://ift.tt/3u2CsAg

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El Salvador adopted Bitcoin as legal tender in September 2021 and wants to build a ‘Bitcoin city’ . The IMF says the cryptocurrency poses threats to the country’s financial stability and consumer protection . The International Monetary Fund (IMF) has advised El Salvador to reconsider its decision on Bitcoin as legal tender, citing several risks it says are associated with the use of the cryptocurrency. El Salvador became the first sovereign state to pass a law adopting Bitcoin as legal tender in May 2021. The Bitcoin Law became effective in September, making the cryptocurrency money and mandating its use across the country. The government distributed $30 (roughly £22) worth of Bitcoin to every citizen with a Chivo wallet account, with over 200 Bitcoin ATMs installed to aid in the adoption across businesses. Although the move faced several challenges earlier on, President Nayib Bukele has maintained the country will ensure the use of Bitcoin works. But the IMF has never war...

The Equality and Human Rights Commission says "more detailed consideration" of the reforms is needed. from BBC News - Home https://ift.tt/35s1COw

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VeChain (VET) was one of the hardest-hit tokens in the recent crypto slump. The coin saw an epic downfall that saw it tank to nearly $0.05, over 85% lower from its all-time highs. But it looks like the token is pairing up some of these losses and could be in for a new bull run. Here are some notable highlights: Despite its recent rally, VeChain (VET) is still hovering way lower compared to its highs of 2021. At the time of writing, the token was trading at $0.05307, up nearly 20% in 24-hour intraday day trading. Also, VeChain remains in the bear market even though it has shown some signs of life in the last few days. Data Source: Tradingview.com VeChain – Will a bullish surge continue? There is no doubt that a 20% gain in 24 hours brings a lot of bullish optimism on any token. Besides, VET is also up around 17% in 7 days. These gains however come amidst a broader recovery in the crypto market.  In essence, the positive price action seen on VET could be largely base...

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Bitcoin Eyes near term support at $32108 The bulls might have a chance along with the support Bitcoin trade with a complete sell-off with little sign of the oversold condition. Negative market sentiment swept the value of Bitcoin by half of its previous ATH value of $69K in October. At the start of the new trading week on Monday, Bitcoin was spotted in an aggressive red pool of a bearish market. It was reported that Bitcoin has lost above 50% of its value when compared to the All-Time high value of $69Kin October 2021. With a three month downhill moment yet, there is no sign that this bearish price action will be ending soon Technical levels to watch before buying Bitcoin Source – TradingView Since the value of BTC trade is below the $38890 initial support, the price of bitcoin continues to expand its bearish wings to the South. After strong bearish market volatility was said to have aided the action of the bears towards plunging the price of BTC downward. In essence, if ...

Nato countries are trying to help Ukraine in the face of a possible Russian invasion. from BBC News - Home https://ift.tt/35prrif

Federal prosecutors allege the former officers "wilfully deprived" George Floyd of his civil rights. from BBC News - Home https://ift.tt/3HaQ8N6

BBC correspondent Jean Mackenzie finds children as young as 10 are being groomed in Romania, to be trafficked to the UK. from BBC News - Home https://ift.tt/3nSDGtR

The ex-minister's accusations prompt wider questions over how the party handles discrimination cases. from BBC News - Home https://ift.tt/3FVxcAz

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Lloyd Blankfein says crypto has benefited from trillions of dollars in investment and that though he remains skeptical, he’s practical about crypto’s potential. Crypto has matured to a point it’s attracting trillions of dollars from institutional investors, pushing the burgeoning sector towards greater adoption. That certainly is the view of former Goldman Sachs CEO Lloyd Blankfein, who was commenting on the current state of the crypto market during an interview with CNBC on Monday. Blankfein says his view of cryptocurrencies might not have changed drastically since the early years of the pioneer crypto Bitcoin. However, he holds a pragmatic view and acknowledges the evolution that has happened across the space in the last couple of years. This, even as the current market scenario leaves most digital assets badly battered. The ex-Goldman executive t revisited the early days of mobile phone development and how skeptical people were of the technology. But he says the tech did work...

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BBC Panorama has found an important tool to help victims of anti-social behaviour is rarely used. from BBC News - Home https://ift.tt/3rLZybp

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Kay-Achim Schönbach said the idea that Russia wanted to invade Ukraine was nonsense. from BBC News - Home https://ift.tt/3rNMy5s

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Crypto billionaire Mike Novogratz says markets are now in bear territory after recent sell-offs. In December last year, Galaxy Digital CEO Mike Novogratz said Bitcoin needed to hold support at the $42,000 level or risk further declines below $40,000. In a bullish outlook for crypto, the crypto billionaire noted that the pullback would however present a decent buying opportunity for institutional investors. This week has seen the broader crypto market track sell-off pressure in the equities, with Bitcoin and Ethereum both sliding below key support levels. According to Novogratz, the tumbling stocks have exacerbated the negative outlook across crypto and the drawdown seen in Nasdaq and other stock indexes means the bear market is here. Commenting on the crypto market outlook as well as the sell-off on Wall Street, he noted: “ The Russel index broke a major support and today’s roll over confirmed it’s broken. This is now a bear market. There is 1.2tr of bad equity longs above the m...

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The general outlook on Sandbox (SAND) over the last few weeks has been bearish. The metaverse token is now approaching a crucial support point in its price action. What happens from there will determine how it fairs in the near term. But can Sandbox (SAND) break the downtrend? The analysis is below but first, some highlight: Sandbox (SAND) is rapidly sliding down to its support zone of $4.2 after a bearish start to the year. This support level has however held strong after being tested twice before but bear pressure is very high. At the time of writing, the token was trading for $4.31, slightly above this zone and up around 2.5% in 24 hours. Data Source: Trading view Sandbox (SAND) – Price action and analysis Like most coins in the crypto market, Sandbox (SAND) has seen a consistent decline for most parts of the year. The coin is in fact trading 15% lower compared to seven days ago albeit it has managed to pair up some of those losses with a 2% intraday gain.  Howe...

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The price of Propy (PROP) token saw an astronomical rise between January 10 and January 18, before going into the current pullback that is small compared to the kind of surge the token made. Propy (PROP) token is the native token of the Propy protocol, a protocol that integrates blockchain technology with the real estate sector by automating the whole process of home buying to make it simpler, secure, and faster. In the course of 2021, Non-Fungible Tokens (NFTs) had gained popularity through digital images like the CryptoPunks and Bored Ape Yacht Club. However, Propy is determined to expand the functionality of the NFTs past the digital art space into the real estate NFTs. Why the surge in Propy price? The recent Propy price surge was a result of the growing potential of NFTs for use in different cases, its token listing on Coinbase exchange, and the first sale of the real estate NFT. The Coinbase listing The price surge of the PRO token on 14th Jan was mainly contributed by the...

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Daniel Kawczynski, Shrewsbury's Conservative MP, is sanctioned for undermining his own apology. from BBC News - Home https://ift.tt/3GJFAVj

Scottish beer giant shipped hundreds of kegs of beer to America which had not been legally approved. from BBC News - Home https://ift.tt/3FJPlS7

The US and UK have opened formal discussions on border taxes on UK steel and aluminium. from BBC News - Home https://ift.tt/3Abs2PS

Victoria Azarenka, Naomi Osaka and Ashleigh Barty call for more information on Chinese player Peng Shuai's wellbeing. from BBC News - Home https://ift.tt/3qIBgQt

Consumer goods giant Unilever says it will not sweeten its bid for the healthcare arm of GlaxoSmithKline. from BBC News - Home https://ift.tt/3qI8sHW

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Satellite and aerial images show impact of eruption of underwater volcano near Tonga island chain. from BBC News - Home https://ift.tt/3tDiRXe

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The trick to making money in crypto, or in any other investment, is often to get in early while the asset is still underpriced. Of course, not all penny cryptos go one to make money; some even tank further. But in case you are hunting for a bargain, then there are some amazing penny cryptos to buy this year. Here is why this makes a lot of sense: Penny cryptos are typically underpriced and have a lot of potentials to become big once they grow. Also, the cost of getting these crypto-assets tends to be low, so you can start even on a small budget. These cryptos also have a lot of intrinsic value, so if you are patient enough, there is always so much to gain. Well, the following is a list of three of the best penny cryptos that you can buy right now and hold in 2022: VeChain (VET) VeChain (VET) is marketed as an enterprise-grade smart contract platform that was launched back in 2015. The project has seen immense growth over the years.  Data source: Tradingview.com...

A disabled woman calls for a greater understanding of female safety after she "begged" a bus diver to let her travel home. from BBC News - Home https://ift.tt/3rK27Lt

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Fears are rising over Russia's plans to shake up the region, writes BBC Europe editor Katya Adler. from BBC News - Home https://ift.tt/325E0xI

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