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  • Solana SOL/USD nears a single-digit price. Here is the price action and what you need to know

    Solana SOL/USD nears a single-digit price. Here is the price action and what you need to know

    Anyone would have thought Solana SOL/USD would trade at a double-digit price, let alone a single-digit one? Unfortunately, that is the reality for the lovers of the once promising cryptocurrency labelled the Ethereum killer. Having hit a high of over $265 in November 2021, the SOL was touted as the next token to reach $1,000. It now trades at a mere $11, exactly one year since its all-time high. The cryptocurrency is yet to find a bottom, with technical indicators pointing to a price below $10.

    While a bear sentiment is to blame for the significant SOL decline, recent woes reflect exposure to collapsed FTX. As CoinJournal reported, Alameda Research has significant holdings of SOL tokens. The exposure has seen Coin Bureau host “Guy” warning his 2.17 million subscribers on YouTube about SOL price.

    The analyst expects the price of SOL to come under further pressure and fall a further 40%. He says that the token will suffer when FTX and Alameda dispose of their holdings in Solana to pay off creditors and other users. He further notes that the SOL situation could be worse, with the cryptocurrencies showing they are yet to bottom. The analyst is projecting an $8 SOL price. A technical outlook shows we could see an even lower price level for the cryptocurrency.

    SOL crashing below an inside-bar pattern is a bear indicator

    SOL/USD Chart by TradingView

    A technical outlook shows SOL bulls losing the battle at $12. The MACD indicator has pushed further into the bear zone. The indicator shows an increasing bear momentum.

    Besides, SOL is initiating a bearish breakout from an inside bar pattern. Once confirmed, by the close of the daily candlestick, we should be ready to embrace a lower SOL price.

    What next for SOL?

    With weak momentum and a bearish inside bar breakout, SOL could likely head to a single-digit price. There is a potential 50% drop to the next likely support at $5. The level coincided with the start of bullish momentum in February 2021.

    Where to buy SOL    

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy SOL with eToro today

    Binance

    Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

    Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.


    Buy SOL with Binance today

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  • Bitcoin could slip below $16k as market losses nearly $40 billion

    Bitcoin could slip below $16k as market losses nearly $40 billion

    The cryptocurrency market has started the week in a negative manner, with prices of most coins down by more than 4% in the last 24 hours.

    Bitcoin, the world’s leading cryptocurrency by market cap, has been underperforming over the last few hours. The price of Bitcoin is down by more than 3% in the last 24 hours and is now trading at around $16,071 per coin.

    The poor performance could see Bitcoin drop into the $15k region over the next few hours. There is no major catalyst behind Bitcoin’s poor performance as it coincides with that of the broader crypto market.

    The total crypto market cap has dropped below the $800 billion mark for the first time in months, after losing 4% of its value in the last 24 hours.

    Ether, the second-largest cryptocurrency by market cap, has lost 7% of its value today. The price of Ethereum is now trading at around $1,110 per coin.

    Key levels to watch

    The BTC/USD 4-hour chart is bearish as Bitcoin has been underperforming over the last 24 hours. The technical indicators show that the bears are in control.

    The MACD line has dropped into the negative zone, due to Bitcoin losing 3% of its value in the last 24 hours. The 14-day relative strength index of 32 also shows that Bitcoin could enter the oversold region soon if the bearish trend continues.

    If the bears remain in charge, Bitcoin could fall below the first major support level at $15,813 before the end of the day. In the event of an extended bearish performance, BTC could dip toward the $15,500 support level.

    However, the bulls could make a comeback and push Bitcoin toward the $16,535 resistance level over the next few hours. Unless there is a massive bullish run, BTC will find it hard to move past the $17k resistance level in the near term. 

    Where to buy Bitcoin now

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy BTC with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy BTC with Bitstamp today

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  • 7 facts about Bitcoin casinos you need to know

    7 facts about Bitcoin casinos you need to know

    Bitcoin casinos have seen a great increase in popularity recently, with many people now looking for cool games to play. On such a website, just like on the vast majority of online casinos, offers great bonuses. But what’s unique about these crypto casinos is that they also accept payment with Bitcoin, making it easier for those holding crypto.

    Bitcoin as a gambling financier

    Bitcoin is the world’s most popular and most valuable cryptocurrency. It has grown enormously since it was first launched in 2009. Now a Bitcoin is worth around NOK 195,000, but historically it has been worth even more. Those who have Bitcoin thus have some money they can spend, and many prefer to use it when they gamble online. This is partly because they are protected by blockchain technology, which ensures that no one can cheat or lie about payments or deposits.

    1. The very first crypto casino

    Bitcoin as a cryptocurrency first appeared in January 2009, after a person under the pseudonym Satoshi Nakamoto launched it. No more than one year and nine months later, the first crypto casino was launched. This was called SatoshiDice online casino, and they were able to accept their first Bitcoin gamblers in October 2010. Here the very first bet was made on the K-League football league in South Korea.

    It was no more than 0.2 Bitcoin, which at the time was worth 24 US dollars, and today a little more than 18,000. The casino still exists, but is not so popular. Part of the reason is that they do not accept any cryptocurrency other than Bitcoin as payment. 

    2. Crypto gamblers are more anonymous

    Despite the fact that gambling is a common, and possibly incredibly exciting hobby, there are many people who want to remain anonymous on the various gambling sites. This can be for various reasons, including related to work, gains and income. When you gamble with cryptocurrency, you have precisely this opportunity, to be more anonymous. This is because crypto casinos online are completely decentralized and unregulated, which means that transactions are not linked to the player’s identity, and the site does not ask Bitcoin gamblers for personal information.

    3. Lower fees

    In connection with deposits and games, there are some fees when gambling, which can be annoying for many. When you gamble with cryptocurrency, on the other hand, you can worry about these to a lesser extent. There are lower and fewer fees here as the casinos are looking for cryptocurrency with low transaction and exchange costs. Many Bitcoin casinos even offer fee-free transfers to your Bitcoin wallet.

    4. More games for gambling

    Games are obviously an incredibly important part of playing at online casinos, and when you gamble with cryptocurrency, you actually have the opportunity to test out more games. 

    Many crypto casinos will offer more variety in the game, and games from a bunch of categories. Some crypto casinos offer both casino games and betting on sports, and even crypto trading in some cases. 

    On average, you can check out between 300 and 500 different gaming experiences on such sites, and many games are completely unique to each individual platform.

    5. Good customer service

    Another big advantage of playing at crypto casinos is the good customer service. It is set up so that you can always contact the site if you have any questions regarding transactions, exchanges, bonuses and games. 

    The best Bitcoin casinos all offer these and more, with some pages even having VIP communication with some of the most loyal customers, and you can contact them on several digital platforms. 

    Bitcoin casinos are always digital and online, which means that both you and customer service can be logged in at all hours of the day. This is a great advantage, and a luxury you only get at the best casinos. This is one of the many good reasons to check out the casino you want to play at carefully, so that you can make sure that it is safe and can offer you the help you need.

    6. New casinos

    When you gamble online, you often find a casino that you like playing at the most. This allows you to get to know the site well, and play from the same user all the time. Nevertheless, it is always exciting to check out new sites, to see what new games are available, and whether there are various bonuses elsewhere. 

    New crypto casinos are constantly being created, in fact as many as 150 casinos every year! The online casino industry is worth an enormous amount, and it grows every year, and among these we find crypto casinos, which are increasing in value. 

    There is a high demand for such pages, which is why many new pages are created every year.

    7. Exciting bonuses

    One reaction to the increase in the number of ideas that people can play on is bonuses. The already existing pages must ensure that they remain relevant, and new pages must be able to compete with those that already have many customers. They do this with the help of bonuses, which can be very fun and beneficial for you to use. There are many different bonuses out there, for example welcome bonuses. 

    You can find these at the vast majority of online casinos, and they can contain different types of bonus. It is common for them to have free spins, which can be used when playing slot machines. In addition, you can get deposit bonuses, which increase your first bet by a set proportion. 

    Such bonuses make it a little more fun to get started, if more desirable to continue playing.

    Conclusion

    Cryptocurrency has been a relevant topic since Bitcoin was launched in 2009, and it is no wonder that many people want to use them to gamble. Right now, many people are keeping their eyes open for Bitcoin’s little brother, and changes happening in the network. This can also be used to gamble with. Crypto casinos help connect a number of hobbies and interests, such as gaming technology, money, cryptocurrency, trends, sports, gambling, and much, much more.

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  • Bitcoin differs from other cryptocurrencies, says Jack Mallers

    Bitcoin differs from other cryptocurrencies, says Jack Mallers

    Bitcoin remains the dominant cryptocurrency and differs from the other coins and tokens currently available in the market.

    Jack Mallers, the CEO of Strike, a company that allows users to buy and sell Bitcoin, said Bitcoin differs from other cryptocurrencies. He mentioned this during a recent interview with CNBC.

    When asked about the recent FTX collapse and whether his company had exposure in the crypto exchange, Mallers said;

    “No. Strike, myself, and Bitcoin at large have nothing to do with Sam Bankman-Fried (SBF) and FTX. It is nothing other than an absolutely disgusting and malicious crime, in the same way, that someone a car down the street from my house. It has nothing to do with Bitcoin, either. However, an important point to note is that the world is finally starting to realise that there is Bitcoin, and then there is everything else.”

    Maller pointed out that many people have taken advantage of Bitcoin’s innovation to develop other coins like Orange Coin, Pink Coin, and FTX. According to Maller, most of these coins are used for crimes and have nothing to do with Bitcoin.

    The use of blockchain technology to create other cryptocurrencies and use them to scam people need to stop, Maller added. He highlighted that FTX’s collapse is an expensive lesson that shows that there is Bitcoin and there is everything else. He said;

    “It doesn’t surprise me that FTX owned zero Bitcoin. Because if you want to commit crime and fraud, you don’t use Bitcoin.”

    Maller added that although FTX’s collapse affected the broader cryptocurrency market, it is a good thing that it happened. The bad actors in the crypto space need to be washed out, and it is best that FTX is eliminated from the cryptocurrency market. 

    Bitcoin is down by more than 1% in the last 24 hours and is currently trading above the $16,500 mark. 

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  • Is Solana sol facing a catastrophic breakout from an inside-bar pattern?

    Is Solana sol facing a catastrophic breakout from an inside-bar pattern?

    It’s an indecision moment as Solana trades at an oversold level of $13. The cryptocurrency has formed multiple pin bars at the level, indicating indecision in the market. A potential breakout to the downside could see SOL claim a single-digit price.

    CoinMarketCap data shows that SOL has lost more than 25% in a week. The loss is among the highest among the cryptocurrencies in the top 100 bracket. Concerns that the Solana ecosystem has a huge exposure to the collapsed FTX and Alameda have been fueling the bear market. Alameda is believed to hold 50.5 million SOL worth $708 million. Amid the exposure, Solana founder Anatoly Yakovenko has maintained that the investment is unaffected.

    SOL remains under the mercy of bears, who are increasingly active at the $13 price level. Here is the price outlook:

    SOL is under pressure at $13 even as the price hits oversold levels

    Technically, SOL is creating a support zone at $13. However, a likely bullish reversal looks unlikely as the token trades with weakening momentum. The formation of multiple inside bars at the crucial level suggests that buyers and sellers match the effort. 

    SOL/USD Chart by TradingView

    Turning to the RSI shows that SOL is oversold. An attempted recovery has been muted, with a further slip of the RSI reading to 29. The MACD indicator underlines a weak and worsening momentum.

    Which way is SOL?

    An inside-bar pattern can break on either side. An upside breakout will confirm a bullish reversal for SOL. However, a quick sell-off for SOL could occur if the breakout occurs to the downside. In such a case, the SOL price could touch $10 or below. 

    With the weak sentiment, a bearish breakout carries a higher chance. Investors should be cautious about buying SOL at this level.

    Where to buy SOL

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy SOL with eToro today

    Binance

    Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

    Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.


    Buy SOL with Binance today

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  • Is it now the time to buy Shiba Inu (SHIB/USD)?

    Is it now the time to buy Shiba Inu (SHIB/USD)?

    As cryptocurrencies continue to whipsaw, Shiba Inu (SHIB/USD) has been in the trenches. With a drop of more than 6% in a week, the cryptocurrency now trades at $0.0000092. A dip-buyer could be interested in the price level. That considers that SHIB has been holding it since touching a low of $0.000008 for a week.

    The main concern for SHIB and other cryptocurrencies has been a confidence crisis brought about by the collapse of FTX. The sentiment is so far bearish as most tokens are currently trading lower. Other than that, SHIB has been building on the meme token strengths and looked to have overcome resistance at $0.000012. 

    Aside from the negative sentiment, Shiba Inu continues to suffer from the lack of significant developments. Notable among these is the SHIB metaverse, which has stalled for a while. On November 16, however, the Shiba Inu team issued some positive updates. The team gave a first concept art reveal of what to expect once the metaverse becomes a reality. Although the update reawakens expectations of the key project, SHIB investors are yet to show optimism. The price of the meme token has remained muted.

    SHIB price outlook amid a bear market

    SHIB/USD Chart by TradingView

    Technically, SHIB is under pressure despite buyers having defended $0.000008. The level does not coincide with a support zone, and the cryptocurrency will likely fall further.

    The RSI reveals that SHIB is not yet oversold, although there are more sellers. The indicator shows a downside on SHIB. The meme token also trades below the moving averages.

    SHIB prediction

    Shiba Inu’s price could fall to the yearly lows of around $0.000007 if the current weak sentiment continues. The level coincides with support, meaning we will likely see a lower price. The cryptocurrency doesn’t present an attractive buy.

    Where to buy SHIB

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy SHIB with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy SHIB with Bitstamp today

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  • Bitcoin BTC prediction as the token continues to stall

    Bitcoin BTC prediction as the token continues to stall

    Bitcoin (BTC/USD) may have settled above $15,000, but the pressure is mounting. As of press time, the cryptocurrency was trading at $16,623, losing 1.32% on the day. BTC is also largely consolidating rather than making a directional move. A technical outlook shows a potential decline to the next low.

    Bitcoin’s price action comes when data shows that BTC holders are withdrawing their holdings from crypto exchanges. According to Glassnode, there is over $1.75 billion per month of mass exodus of Bitcoin from exchanges. The withdrawals come after the collapse of the crypto exchange FTX.

    Further, Glassnode data shows investors are flooding exchanges with dollar-pegged digital assets. More than $1.04 billion worth of stablecoins flowed into exchanges after the FTX fiasco. The rising suggests that investors are gearing up to buy the dip as most cryptocurrencies tanked.

    An increase in stablecoins flowing to the exchanges preempts investors’ expectations. However, it does not indicate that we have hit the market bottom. From the BTC perspective, this is illustrated by increasing bear pressure for the cryptocurrency. 

    BTC analysis as price stalls below key level

    BTC/USD Chart by TradingView

    On the weekly chart outlook, BTC has a confirmed break below the $19,500 level. The MACD indicator shows the cryptocurrency is bearish. The momentum is also weakening further. 

    Will Bitcoin proceed lower?

    The current BTC price level could fail to hold due to weak momentum. The price also trades at a non-support zone, meaning the cryptocurrency is yet to settle.

    Based on the technical indicators, a lower price is possible for BTC. The next established support for BTC lies lower at $11,000. However, the level around $14,000 has shown price action before and could provide support for BTC. 

    Where to buy BTC

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy BTC with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy BTC with Bitstamp today

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  • Decentraland’s (MANA/USD) may take longer to see a recovery

    Decentraland’s (MANA/USD) may take longer to see a recovery

    Have you been looking to buy Decentraland’s (MANA/USD) this month? Unfortunately, a technical outlook shows the metaverse token is not ready yet. The token has claimed a new low in the year and looks increasingly bearish. At least, we expect a potential new low, and you would not want to chase the clouds for now. What is happening?

    A prolonged crypto winter has dealt a blow to the once-booming metaverse sector. Consequently, MANA has lost 92% of its value since November 2021. The token now trades at the lowest value since June 2021, losing its post-boom surge in the process. 

    Perhaps it has become lonely there in the metaverse as crypto winter ravages. According to data released by DappRadar last month, metaverse platforms, including Decentraland, are struggling to retain users. The low development activity has been responsible for the price weakness. Investors may have to wait longer before we see another recovery for the token.

    MANA technical outlook shows weakening momentum

    MANA/USD Chart by TradingView

    On the daily chart, MANA is on a clear downtrend. The key level at $0.8 was tested, allowing the cryptocurrency to proceed lower.

    Technical indicators are also bearish. Since August, the 20-day MA has never recovered above the 50-day MA. The MACD indicator remains in the bear zone. The momentum is weak, and the bear pressure is rising further.

    What next for MANA?

    MANA is heading to a bottomless pit after hitting the June 2021 lows. Although the bulls can arrest a further decline below the level, there is no such indication yet. 

    We hold a bearish view until suitable support is found and MANA shows sufficient upside. A recovery above the $8 resistance would be ideal to consider a bullish view.

    Where to buy MANA

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy MANA with eToro today

    Binance

    Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

    Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.


    Buy MANA with Binance today

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  • Trust Wallet Token (TWT/USD) – a cryptocurrency with 100% gains, but are higher prices possible?

    Trust Wallet Token (TWT/USD) – a cryptocurrency with 100% gains, but are higher prices possible?

    Trust Wallet Token (TWT/USD) has been the darling of investors this week. The token’s value has gained by triple digits in the past week, even as others soured over the weak crypto sentiment. If you have been wondering, the same reason that caused the decline of cryptocurrencies boosted TWT.

    The collapse of the FTX crypto exchange sent panic waves across crypto markets. With accelerated selloffs, over $1 billion was wiped out from the market. That’s because the collapse of a “sound” crypto exchange of the stature of FTX was least expected. At least not after the exchange positioned itself to help other struggling crypto firms to remain above the ground. But it happened, anyway, but TWT buyers had something to smile about.

    TWT hit an intraday high of $274 on November 14. The level was hit in a parabolic price move, as TWT overcame a low price of $1.0 as of November 10. The gains happened as whale accumulation intensified following the collapse of FTX. Investors were withdrawing funds from centralised exchanges in favour of self-custody wallets. The Trust Wallet gained in the process, with Changpeng Zhao also endorsing its post-FTX collapse.

    TWT price outlook and analysis

    Turning to the technical side, TWT has already been making slight but positive gains even before the FTX collapse. The latest cryptocurrency news just gave the token the catalyst to break above the $1.31 resistance level. 

    TWT/USD Chart by TradingView

    The moving averages are bullish for TWT. Turning to the RSI, TWT is deep in the overbought region. An imminent correction is likely, and a bubble burst could occur. The token is already initiating a correction and trades at $2.0.

    Time to exit TWT?

    Overbought conditions and a bubble burst could force a correction for TWT as investors adjust to the FTX scenario. 

    However, the price movement is positive for TWT as it has been making a slow bullish push before. The token should be on the investor’s watch list if bulls defend the key levels. The area around $1.36 and $1.31 should be watched.

    Where to buy TWT

    Binance

    Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

    Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.


    Buy TWT with Binance today

    Swapzone

    Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.


    Buy TWT with Swapzone today

     

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  • What is AnalDust ? A Binance Smart chain #memecoin ??

    What is AnalDust ? A Binance Smart chain #memecoin ??

    What is AnalDust ? A Binance Smart chain #memecoin ??

    ABOUT ANAL DUST

    Anal Dust is the story of a cryptocurrency community who had enough of being rugged, and having so-called “influencers” and callers take advantage of solid communities, only to fill their own pockets! Anal Dust started out with the goal of building a people-powered community to show the world what can be achieved when we all work together.

    Set to become “Meme of the Year”, Anal Dust plans to unite the entire space, and put an end to the ass fuckery once and for all! EVERYONE can have Anal.

    Moon or Dust!

    How to Buy https://poocoin.app/tokens/0x313bf7fcd96b8b9a924633284d4bf92546a63869

    IN THE LAST WEEK WHICH IS OUR FIRST WEEK, WE’VE HAD TOP COMMENTS UNDER KIM KARDASHIAN, PRESIDENT BIDEN, DOJA CAT, CNN, FOX NEWS, WORLD CUP TWEETS AND MANY MORE! WE’VE RECEIVED SEVERAL FREE SHILLS FROM TWITTER INFLUENCERS, AS WELL AS SOME LIKES FROM INFLUENCERS & ATHLETES. WE ARE OFFICIALLY A WEEK OLD TODAY AND HAVE MADE AMAZING PROGRESS BUILDING A WAVE! A WAVE THAT WILL SOON BECOME A TSUNAMI! ENJOY THE JOURNEY.