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After a crucial week for Ethereum, a technical candlestick arrangement shows that ETH prices could prepare for a sharp upturn in the coming weeks and months. Pointing out events in the monthly chart, one analyst notes that the ETH/BTC ratio reverses from a multi-year support trend line. Usually, the analyst continued, when prices bounce from this line, altcoin prices tend to react, trending higher.  ETH/BTC Rising From Crucial Support Trend Line The ETH/BTC is a ratio closely monitored by technical…

The post Gold and Silver Surge to Record Highs: Is Bitcoin Next in Line? appeared first on Coinpedia Fintech News In recent times, precious metals like Gold and Silver have been on a remarkable rally, hitting new record highs. Gold, in particular, has been grabbing attention, soaring to a new all-time high against the USD, with Silver not far behind, reaching an 11-year peak above $30. This surge is driven by various factors, including geopolitical uncertainties and sustained demand from…

With the Bitcoin halving just days away, the cryptocurrency has been highly volatile leading up to the event. In fact, BTC lost almost 7% on Tuesday alone, fluctuating from $66,000 to the current price of $63,225, extending weekly loss to more than 12%. Bitcoin has so far wiped all the monthly gains and is now consolidating within a parallel channel. However, there are new resistance and support levels that investors need to watch out for. Key Support and Resistance Levels…

A self-acclaimed VeChain (VET) insider has made a bold claim about the token’s price. The insider suggested that VET’s tepid price action is a strategic ploy by the team, and the token will eventually make a parabolic rise when the time comes.  VeChain Will “Reach The Finish Line” The self-claimed insider known as ‘VeChain Whale’ admitted in an X (formerly Twitter) post that VET’s price is slow but added that the token will “reach the finish line.” He made this…

[PRESS RELEASE – London, United Kingdom, March 28th, 2024] Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed. CEO, Russell Bennett, forecasts a series of landmark announcements across Q2 and Q3, 2024. Commencing with the appointment of an advisory board. Jamie King, Dan Hibell, Elly Bradbury, and Anders Christiansen combine premium Web2-Web3 commercial nous to spearhead Metacade’s expansion across Talent, Product, Utility, and…

Social messaging platform LINE is set to develop a blockchain platform for Central Banks Digital Currencies (CBDC). Korean paper Chosun reported on Monday that LINE is in discussion with several Asian banks regarding the new development. The blockchain platform would enable the Central bank to launch CBDCs in a safe and scalable environment. Central Banks would also be able to add customizable features on the platform using different economic parameters. LINE has been proactive in its use of blockchain technology.…