Author: Staff Reporter

Staff reporter brings the latest financial technology, cybersecurity news and tech updates.

Highlights A breakout above $0.025 resistance could confirm further upside on HOT/USD Holochain announced rolling out an update to all HoloPorts in the prior week Holochain (HOT) is posting mild intraday gains after a rebound from the ascending trendline support at $0.0168. HOT Price remains capped at the $0.023 barrier after a failed close above this level in the prior day. Today’s price action left a Doji candlestick signaling indecision at $0.016 key support (April 10 low) cracked on the asset’s further downside move. A breakout above $0.026 resistance could confirm further upside on HOT/USD. Holochain is a new open-source…

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Highlights Ethereum price remains in consolidation since April 2 Ethereum rallied to new highs on the back of the favorable technical structure and underlying fundamentals Ethereum price remains in consolidation since April 2. Despite the run-up to recent all-time highs of $2,151. The near-term picture improved after this week’s steep fall was contained by the support at $1,929, but recovery was so far limited and lacking momentum to extend. Ethereum, the second-largest cryptocurrency has a current market cap of $241 billion and $21.3 billion in trade volume over the past 24 hours. At the time of writing, Ethereum was trading…

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Highlights BNB puts in a new all-time high today at $444 The gains came on the back of developing fundamentals Binance coin (BNB) rose by more than 2% intraday on Friday, as the price broke the previous highs of $424. At the time of writing, BNB witnessed a new all-time high today at $444, retaining its bullish momentum. The gains came on the back of developing fundamentals that are positive for the asset. BNB is a utility token to pay for the fees on the Binance exchange, and for participation in token sales on the Binance Launchpad. BNB has a…

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Highlights Chiliz (CHZ) price has been trading in a descending trend line since mid-March The interest in Chiliz coin as well as the company’s fan tokens has grown tremendously in 2021 Chiliz (CHZ) is rising back after massive declines to lows of $0.3658. It has been trading in a descending trend line after attaining all-time highs at $0.97 on March 12. After recording some gains on Wednesday, the sports fan token is presently attempting to close bullish for the second consecutive day. Chiliz is a token designed to allow fans to support their favorite sports teams through blockchain-based interactions. Chiliz…

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Highlights On a new push, IOTA/USD breaks the pivotal barrier The final phase of the Chrysalis network upgrade released by IOTA IOTA’s price continues to rise in quiet trade as buyers made substantial progress on upside goals toward the $2.0 level while providing the momentum for sustainable recovery to former high levels. The IOTA price hit the past two days high on Thursday at $1.96 after its upside showed that buyers would keep pushing for some time, which deflated the dollar and boosted tokens’ appeal.  A new push had broken the key barrier at $1.70 (March 26 high) with a…

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PancakeSwap (CAKE) is edging higher in Thursday tradeCAKE was trading at $20.25, having gained 22.88% in the last 24 hoursPancakeSwap highlights March’s top developing DeFi project After a brief consolidation, PancakeSwap (CAKE) is edging higher against the US dollar in Thursday trade, following a breakout above the $20 psychological level. Volatility is expected to pick up pace in the coming days after the market sell-off. The Altcoin market led by Ethereum succumbed to selling pressure at the week’s start. PancakeSwap is a Decentralized Exchange (DEX) built on top of Binance Smart Chain (BSC), while CAKE is the governance token for…

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Highlights ENJ/USD price seeks direction outside $1.917 and $2.965 range Enjin Coin $ENJ listed on Coinbase Pro Enjin Coin points to a ranging start as investors look ahead of its anticipated breakout. ENJ/USD trades at a three-week high and bulls extend gains ahead of March 18 highs at $2.87. The ENJ reached a fresh all-time high during mid-March at $3.33 before retracing mildly lower. Even so, the mood in the market remains optimistic amid the impressive rebound from recent lows as bull’s eye $3.0 on upside optimism. As per the CoinMarketCap, Asset’s market cap is $2.17 billion and $807 million…

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Highlights Retains bullish phase above prior day’s high of $0.108 Enterprise-level adoptions continue to drive the price of VeChain VeChain price is consolidating under a new record high, posted after a rally on Tuesday, sparked by new partnerships. VET/USD increases above the previous day’s high of $0.108 after the rebound-off lows from $0.086 of the ascending trendline support. This technical formation has a bullish bias after the rebound from the recent low was triggered. Despite a leg lower on the Apr. 3, the VET token retains its bullish phase for the 3rd day in a row. At the time of…

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Highlights Resistance may run-up to the $0.160 level On March 25, Poloniex announced TRX staking TRON is firing on all cylinders after hitting a yearly high near the $0.15 price level on Apr. 5th. TRX/USD grew by +100% in the last 7 days, making it one of the week’s top-performing Altcoin. However at the time of writing TRX/USD is slowing its momentum after the rise in the relative strength index (MA 50), finding crucial support at $0.125. Although the pair is sustaining its upward trajectory above the prior day’s low amid the technical correction, the TRON upside run is still…

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Highlights XLM/USD is correcting higher after lifting off from lows at $0.4220 Stellar Lumens may be used by the EU to launch CBDCs XLM price found support near $0.4000 and started an increase against the US Dollar at press time. The price climbed above the moving average (MA 50) at $0.4220 and attacked the $0.4830 resistance levels to move into a positive zone. This is mostly because of the rising demand as more institutional investors moved to buy the coin.  Stellar is a service that makes it easier to make payments between people and businesses. Ranking 16th largest, Stellar market…

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Highlights The XRP token has gained nearly 20% to trade at $0.7387 intraday highs  SEC offers to amend two documents in the Ripple lawsuit Ripple and XRP are still battling to assert their level of decentralization in the eyes of the public and against class-action lawsuits. Ripple (XRP) has recovered strongly after dropping to a low of $0.1686 on Dec 29th,2020 but is down 82% from the all-time high set in Jan 2018. However, the market cap stands as the 7th largest, at $33 billion, with $11 billion in trading volume over the past 24 hours.  XRP/USD accelerated higher during…

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Highlights WazirX (WRX) spikes higher, buyers push gains past 140% in 24hrs Increased trading volumes have bolstered WazirX price The cryptocurrency market is currently trending upwards as Bitcoin prepares to retest the $60k resistance region. Besides that, upward momentum is gaining traction on some Altcoins. With over 400,000 users and an average app ranking of 4.6, WazirX reports being India’s fastest growing cryptocurrency exchange. WRX is a token that is part of the Binance community. WazirX and Binance have announced the release of a $50 million‘ Blockchain For India’ project. At the time of this post WRX/USD is consolidating gains…

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Highlights The BTT traction presses on, hits a fresh high at $0.0085 on bullish acceleration NFT positive sentiment boosts BitTorrent’s Value The digital asset has experienced a significant shift in momentum in the past week in favor of the bulls. The BTT/USD spots a bullish breakout on the 29th of March 2021 and ever since remains on the buyers’ radar with an upside run for 7 days in a row. BitTorrent (BTT) is a file-sharing protocol that can also be used to pay for decentralized storage services. It has a present market valuation of $8.30 billion with a circulating supply…

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Highlights DOT/USD next major target on the upside is near the $50.0 round figure. ICON blockchain core developers integrate Polkadot Ecosystem Polkadot (DOT), a blockchain ecosystem that aims to be a scalable, sharded variant of Ethereum, is off to a good start in 2021. Even though the token was only released last year for active trading and transferability, the project has rapidly grown in value. DOT is the 5th largest asset on the Coinmarketcap table, with an estimated market cap of $41.77 billion. DOT, the native token of Polkadot, at the time of writing is trading for $45.19. It has…

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