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Tag: Smart Contracts

Cardano ($ADA) Sees Transaction Volume Briefly Surpass That of Ethereum ($ETH) Ahead of DEX Launch

The transaction volume seen on the Cardano ($ADA) network has briefly surpassed that of the Ethereum ($ETH) blockchain ahead of the launch of a highly-anticipated decentralized exchange on Cardano called SundaeSwap. According to data from Messari, Cardano’s daily transaction volume was at one point above the $7 billion mark, surpassing the daily transactions volume seen […]

ADALend: A New Perspective On Native Cardano DeFi From the Eyes of ADALend’s CEO

A scalable, trustless, and decentralized lending protocol called ADALend is being developed to allow users to operate in a self-governed environment. They made a commitment from the beginning to build natively on the Cardano blockchain, which will allow the lending platform to aggregate protocols that support business models that provide economic support to billions of […]

Blockchain Courts and Cats That Look Like Dogs: How DAOs Wrestle With the Law

The 2018 "case of the 50 ETH doge" was just the beginning. Now DAOs are trying to decentralize legal disputes—but it isn't so easy to cut out humans.

Know Bunzz? A Blockchain Startup

Know Bunzz? A Blockchain Startup

E-Crypto News' update provides the latest articles on technology and cryptocurrencies.

e-cryptonews.com

Continue reading Know Bunzz? A Blockchain Startup at E-Crypto News.

Cardano Hits 3-Week High Amid Flurry of Activity

The smart contracts platform Cardano (ADA) is up 8% in the last 24 hours as more projects go live on the network.

What are Lucky Kittens?

Lucky Kittens is an algorithmically-generated Solana-based NFT collection composed of 5,888 pixelated cats. A relatable image is one of the factors that can catapult a non-fungible token (NFT) collection to success, but the problem is, most creators wrongly took this ‘relatable’ element by merely producing copycat creations. While the NFT market is awash with all sorts […]

The post What are Lucky Kittens? appeared first on Asia Crypto Today.

SafeInsure Business Review: Decentralizing the Insurance Marketplace

Health-centrist blockchain initiatives reviewed for digital health adopters worldwide.

SafeInsure Business Review: Decentralizing the Insurance Marketplace

Decentralized insurance is another rapidly growing DeFi application enabled by blockchain technology. Decentralized insurance cuts transaction costs and claim cycles by eliminating costly insurance assessment protocols and leveraging significant advancements in an automated payout process. [...]

Blockchain Healthcare Review - Where Healthcare Consumers and Innovators Find Each Other

SCRT Technical Analysis: Rounding Bottom Breakout Aims to Reach $16: Can Bulls Overcome Selling Pressure at $10?

SCRT Technical Analysis

SCRT coin price breaks above $9 and is soon to complete a rounding bottom breakout. Can we see the bulls create a new high above $10? Secret Network is based on original privacy research and papers from MIT in 2015, including “Decentralizing Privacy.” It is an open-source and permissionless blockchain. It is one of the most influential papers in the blockchain space with 2,000 academic citations.  Nodes on the Secret Network perform general computations on encrypted data that help smart contracts use private and sensitive data as inputs. The primary focus of the network is computer privacy, not just the transactional privacy that is apparent from its name. Let us move ahead to read about Secret technical analysis. Past Performance of SCRT The SCRT coin price action jumps more than 70% resulting in the breakout of $9 in the past week. The breakout of the $9 horizontal level was expected in our previous Secret network technical analysis. Combining the bullish growth and the 50% jump in the intraday trading volume suggests a rise in buying pressure. Therefore, the bulls are strengthening their grip on trend control. SCRT/USD Daily Chart SCRT Technical Analysis The SCRT coin price hints at the completion of a rounding bottom pattern in the daily chart. The breakout of the pattern teases a bull to $16 if the buying pressure sustains. Therefore, traders can find an excellent breakout entry shortly. Crucial EMAs (50, 100, and 200) manage to sustain their bullish alignment as the price jump helps the 50-day EMA avoid crossing below the 100-day EMA. The 20-day EMA provides constant support and rises along with the bullish rally.  The RSI indicator at 73% shows a sudden slanting spike in the slope as it enters the overbought zone. Moreover, the 14-day SMA is above the 50% mark and approaches the overbought zone. The MACD indicator shows the MACD and signal lines maintain equal distance while rising higher into the positive zone. Moreover, the continuation of bullish histograms reflects the bulls regaining trend control again. Therefore, the SCRT price action and technical indicators showcase a boom in buying pressure and trend momentum. That is why the breakout of the rounding bottom pattern seems imminent.  Upcoming Trend The SCRT coin price action is close to completing an extremely bullish price pattern in the daily chart. The breakout of the rounding bottom pattern can drive the prices higher to $16. Therefore, traders can find buying at current prices or at the breakout of $10 to ride the potential rally.  The Secret Network price action suggests high supply areas after $10 at $11 and $12.35. And, in case of a reversal from the neckline at $10, the price can find support at $8 and $7. At press time, the sentiments chart gives a “BUY” signal for the SCRT coin. Technical Analysis for SCRTUSD

The post SCRT Technical Analysis: Rounding Bottom Breakout Aims to Reach $16: Can Bulls Overcome Selling Pressure at $10? appeared first on Cryptoknowmics-Crypto News and Media Platform.

2021: The Year in Crypto Wrapped

2021 was a pivotal year for Digital Assets and the wider Crypto markets, as such I thought in light of recent developments it’d be…

ADA Technical Analysis: Double Bottom Breakout Can Reach $2, Is It the Best Buy of 2022?

ADA Technical Analysis: Double Bottom Breakout Can Reach $2, Is It the Best Buy of 2022?

ADA coin price is under tremendous buying pressure and hints at double bottom breakout. Will the increased trend momentum reach $2? Founded by Charles Hoskinson, one of the co-founders of Ethereum, CEO of IOHK, Cardano is one of the largest blockchains to successfully use a proof-of-stake consensus mechanism. The new consensus consumes less power than the proof-of-work algorithm on which Bitcoin is based.  On September 12, Cardano released its highly anticipated Alonzo update. After the update, the network now supports a wide array of crypto applications, including non-fungible tokens (NFTs) and smart contracts. Let us look at what the Cardano technical analysis reveals: Past Performance of ADA The ADA coin price action shows a V-shaped recovery in the daily chart with a 30% price jump following the downfall to $1.125. The coin price shows a rise of almost 10% in the past 24 hours, with a 130% rise in intraday trading volume. This indicates a boom in the underlying buying pressure. The price approaches the crucial resistance level of $1.5 that may soon generate a breakout entry opportunity. ADA/USD Daily Chart ADA Technical Analysis The V-shaped in the ADA coin price completes a double bottom pattern in the daily chart. The neckline of the patterns coincides with the resistance level at $1.5. Therefore, the breakout of the pattern will give an excellent buying spot.  Crucial EMAs (50, 100, and 200) trend lower in a bearish alignment in the daily chart. The price breaks above the 50-day EMA and continues to reach the 200-day EMA.  The RSI indicator at 59% shows a sharp increase in the slope resulting in the central line (50%) breakout in the daily chart. Therefore, the indicator reflects a boom in the underlying bullish momentum. The MACD indicator shows a sudden rise in the MACD line driving the line further away from the signal line after the bullish crossover. Moreover, the solid growth in bullish histograms suggests increased buying pressure. Therefore, the rising buying pressure is evident by the technical indicators, increasing the chances of a bullish breakout of $1.5.  Upcoming Trend The double bottom pattern made by the ADA coin price action can shortly give a bullish breakout of the neckline at $1.5. Therefore, traders can expect the breakout to reach the $2 mark by the end of January.  The price action suggests upcoming resistance levels at $2 and $2.30 following the level at $1.5. And, in case of a bearish reversal, the price can find support at $1.125  and $1. At press time, the sentiment chart gives a strong “BUY” signal for the ADA token.

The post ADA Technical Analysis: Double Bottom Breakout Can Reach $2, Is It the Best Buy of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

What are the ERC-20 Tokens Supported by Coins.ph

In this guide, we list the ERC-20 tokens currently supported by mobile wallet Coins.ph in the Philippines.

The post What are the ERC-20 Tokens Supported by Coins.ph appeared first on BitPinas.

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