Category: Crypto News

Crypto News

Stacks (STX) coin and BTC dApps

What are Smart Contracts? Every blockchain is bringing their own smart contracts. Smart Contracts are algorithm that becomes functional when certain conditions are met. These conditions are defined in the contract algorithm. The codes use the functional statements of If and else. Smart contracts allow for more reliability, security, speed and ultimately reduce the cost of the whole operation of executing a transaction. This removes the need for lagging and external controlling mechanism that render the transactions traceable and irreversible. What are dApps? dApps are decentralized applications that run a block chain. They have no central authority. They aren’t stored

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Will XMR Coin cross $300 soon?

Current and Past movement At the time of writing Monero (XMR) coin stands at a price of $230.8 with a decrease of 1.45% in a single day currently ranging below the last day’s opening. It reached $244.19 and $228.38 as maximum and minimum today. XMR created its all-time at the price of $519.1 in May 2021 and then dropped down almost 35.46% retracement and almost invalidated the gain it had done during the last month where it had shown a bull move of almost 71.59%. During the same month when it created its ATH, XMR also created its bottom and

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Where will Tezos (XTZ) coin move now?

Price movement of XTZ Tezos (XTZ) coin has been very bullish on higher time frames. Looking at the monthly time frames, XTZ seem to be in bullish trend for long term. XTZ created its all time high at the price of $8.420 during the month of May 2021, but the price couldn’t be sustained due to the crash in the market and the price dropped down to the price of $2.430 before closing at $3.606. During the next three months price invalidated the gains of 3 months and retraced back to the price it had in February 2021. At the

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Will Algorand (ALGO) Coin bounce from here?

Algorand (ALGO) coin at the time of writing is being traded at the price of $1.64. The price had a decrease of 4.11% in the past 24 hours. Today the coin achieved the maximum price of $1.74 and the minimum of $1.60. The coin after an explosive move a few days ago is due to retrace at this point and is currently in that phase. Algo has achieved its all-time high at the price of $3.440 in June 2019 and hasn’t been able to break the price since then. The candle at that time closed in red and went to

Crypto News

Quant (QNT) coin on to mitigate the bottom of the recent Impulse?

QUANT (QNT) coin at the time of writing is being traded at the price of$ 282.97. The price had a decrease of 9.03% in the past 24 hours. Today the coin achieved the maximum price of $307.66 and the minimum of $276.37. The coin recently has rallied up very much creating its All-Time High, so now it’s in a retrace move of that high price. QNT has achieved its all-time high at the price of $429.695 on the 11th of September 2021 and hasn’t been able to break the price since then. QNT works on Ethereum Blockchain. The volume of

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FTT coin on the verge of a breakout?

Different exchange platforms have launched their own native tokens. Binance launched BNB, Kucoin launched KCS, similarly FTX has FTT coin. Being one of the popular exchange platforms in the masses, FTX boasts the 4th most trading volume behind Huobi, OKEx and Binance. The price of FTT is a reflection of it. All of these exchanges provide incentives to its users if they hold native tokens in their exchanges. FTX also provides certain benefits to people who hold FTT. At the time of writing FTT coin stands at the price of $53.36 with a decrease of 4.39% in the last 24

Crypto News

Filecoin (FIL) to show reversal again?

Past Movement Filecoin (FIL) at the time of writing is being traded at a price of $61.09 with an increase of 6.33% in the last 24 hours. FIL had made its all time high at the price of $238.20 on 1st April 2021. After that the market showed reversal and fell down to a price of almost $39. The price then showed reversal again and now is at the current stage of price unfolding. Technical Analysis of FIL Previously price has reacted in the drop base drop zone. This is a supply and demand pattern. It has been normally seen

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XLM to break Structure or not?

Current and Past Movement At the time of writing Stellar (XLM) stands at the price of $0.2714 with a decrease of 1.78% in a day. On a monthly time frame XLM has shown a decrease of almost 20%. It had shown an increase of almost 19% in the month and in September it had completely retraced back bringing it back to the price it had on August and July breaking the August High. XLM stands at 24 place according to market cap on coinmarketcap. Technical Analysis Talking about XLM recent pricing and how it has performed and how it will.

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Will HBAR coin touch its ATH again?

Hedera Hashgraph (HBAR) at the time of writing stands at a price of $0.3469 with an increase of 3.53% in the past 24 hours. The coin had created its all time high and touched a value of almost $0.58 (in my opinion the coin is undervalued at this point) a few days back. The last ATH was around $0.458, the price broke that level on 15th and 16th September 2021 and went into price discovery. HBAR is one of those coins that went to its ATH during this corrective wave along with the likes of Sol, Luna, Ada. HBAR Technical

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How Well Can Theta Perform?

At the time of writing Theta stands at a price of $5.231 with an increase of 1.31% in a single day. Higher time frames like most of the coins, theta has a decrease of almost 21% in a month. Theta had achieved its all-time high at a price of almost $15.862 in April 2021. The fact that it had a drop after that shouldn’t be of surprise of anyone as most of the coins were damaged a lot. New coins that were launched during that time have suffered the most as most of the coins have vanished and almost went