With the recent news surrounding Kraken and the SEC, many digital currency participants believe a staking ban could be around the corner. Could Kraken Just...

It’s obvious to anyone paying attention that 2022 did not go as well as cryptocurrency holders hoped. More than $2 trillion worth of...

Anthony Georgiades is the Co-Founder of Pastel Network, a fully decentralized, developer-friendly layer-1 blockchain serving as the preeminent protocol standard for non-fungible tokens (“NFTs”) and Web3 technology   Georgiades began building  Pastel with Co-Founders Jeff Emanuel and Alexey Kireyev in 2018, a time when NFTs were still in their infancy.  Pastel infrastructure enables existing layer-1 […]

The post Pastel Co-Founder Anthony Georgiades on the SmartMint Launch appeared first on CoinCentral.

Ethereum is the 2nd biggest blockchain platform after Bitcoin. But, Ethereum is not perfect. Also, it is a second-generation blockchain platform that uses proof-of-work...

Despite mainly being in the red, there were a few notable big movers in crypto markets on Friday. Initially, STX was one of them, climbing by as much as 36%, before giving up all of these gains. However, RUNE and KDA managed to sustain gains. Thorchain (RUNE) Thorchain (RUNE) rose for the second time in […]

KDA coin price fails to surpass the sellers at the 200-day EMA and retraces to the $5.75 support. Will the trendline influence bring another fallout? Key technical points: The KDA price trends lower under the influence of a descending trendline The RSI slope crosses below the central line. The 24-hour trading volume in the Kadena token is $46 Million, indicating an 11% fall.  Past Performance of KDA KDA coin price shows a reversal from the $5.75 support level and rises higher to the highly bearish resistance trendline. However, the increased selling pressure along the trendline and the 200-day EMA crushes the bullish attempt resulting in a 15% downfall within 48 hours.  Source-Tradingview KDA Technical Analysis  KDA coin price retraces to $5.75 after the rejection from the $7.70 mark as the selling pressure increases. Hence, the altcoin brings a selling opportunity at the current prices.  The falling 50-day EMA crosses below the 200-day EMA as sellers reject another bullish attempt. Moreover, the crossover of 100 and 200-day EMA may shortly follow the death cross in the KDA/USD chart.  The Stochastic RSI indicator shows the end of the bull cycle as the K line crosses below the D line. Hence, the diving lines indicate the increasing chances of downfall below the $5.75 mark. The RSI indicator slope fails to sustain above the 50% mark and returns to the 14-day average. However, the uptrend in the RSI slope continues with the 14-day SMA. Hence, the indicator reflects the possibility of a reversal. In a nutshell, KDA technical analysis projects a bearish bias as the rejection from the 200-day EMA gains momentum. Upcoming Trend KDA coin price action brings a selling opportunity with the rejection from the death cross. Hence, a higher price rejection can be seen in the currently making bullish candle. Moreover, the fallout of $5.75 can result in a 25% discount. Conversely, if bulls regain trend control with a reversal from $5.75, the altcoin would rally higher and retest the trendline.  Support Levels: $5.75 and $4.35 Resistance Levels: $7 and $7.75  

The post KDA Technical Analysis: Deathcross Increases Bearish Influence  appeared first on Cryptoknowmics-Crypto News and Media Platform.

Cryptocurrencies have fallen to their previous lows, including the largest cryptocurrency. Most altcoins have reached the oversold region of the markets. Can the altcoins recover from their previous lows? Let us examine the individual charts.

IOTX was Friday’s big gainer, as crypto markets were lower across the board to end the week. Overall, the global cryptocurrency market cap is down close to 4% in today’s session. Biggest gainers Following a strong start to the week, which saw the likes of shiba inu (SHIB), and leo token (LEO) both rally by […]

Despite most cryptos being in the red over the past 24 hours, it has…

The post Market highlights February 11: Inflation spooks investors, cryptos to finish the week strong appeared first on Coin Journal.

On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire crypto-economy has slipped under the $2 trillion mark, down […]

The network can process up to 480,000 transactions per second. On November 3, 730,000 KDA tokens were deposited in 20

The post has appeared first on thenewscrypto.com

The largest cryptocurrency is on the way down. This is affecting Loopring, Kadena, Internet Computer, SushiSwap, and Elrond. These altcoins have fallen significantly and will continue to fall.