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Monero: Watch out for this key development before taking a position

Source Node: https://ambcrypto.com/monero-watch-out-for-this-key-development-before-taking-a-position/
Time Stamp: September 2, 2021 7:30 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Monero has traded within the confines of a descending channel for over a week now. A broader market rally seems to have been the missing catalyst in the XMR market as the price attempted to break north of its upper trendline. However, a few conditions have to be met first before a blowout can be expected. At the time of writing, XMR was trading at $306.16, up by 6%

Luxury Hotel in Swiss Alps Accepting Crypto Payments

Source Node: https://beincrypto.com/luxury-hotel-in-swiss-alps-accepting-crypto-payments/
Time Stamp: August 27, 2021 10:35 AM - Modified On: August 27, 2021 - Published By:
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The Chedi Andermatt, a luxury hotel in the Swiss Alps, announced that guests can now use cryptocurrency to pay for their stay. Sponsored Sponsored Initially, the hotel will accept both Bitcoin and Ethereum, but will consider taking other cryptocurrencies in the future. Swiss crypto service provider Bitcoin Suisse, as well as payment-service provider Worldline, will facilitate the crypto payments for the hotel. Payments in cryptocurrency are immediately converted into Swiss francs upon confirmation, the hotel said. The resort initially considered taking cryptocurrencies as a payment option about four years ago. However,

Chicago Blackhawks Unveil Debut NFT Collection

Source Node: https://beincrypto.com/chicago-blackhawks-unveil-nft-collection/
Time Stamp: August 27, 2021 2:45 AM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

The Chicago Blackhawks of the National Hockey League (NHL) have announced the launch of the team’s first non-fungible token (NFT) collection. Sponsored Sponsored Professional hockey team, the Chicago Blackhawks, have announced the team’s first official NFT collection is now available. The team is making officially licensed ERC-721 NFTs with some being sold at a fixed price and others being auctioned off to the highest bidder. The collection is available on the Sweet platform using the Amazon Web Services Content Delivery Network (CDN) to host the digital collectibles publicly. Sweet allows brands

Ethereum Competitor Solana Hits All-Time High As Market Continues to Rise

Source Node: https://decrypt.co/79093/ethereum-competitor-solana-hits-all-time-high-as-market-continues-to-rise
Time Stamp: August 21, 2021 7:11 AM - Modified On: August 21, 2021 - Published By:
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Republished By Plato

Having briefly entered the top ten cryptocurrencies by market capitalization earlier this week, Solana has set new all-time highs over the last few days, including today. The SOL token briefly set an ATH of $78.63 in the early hours of this morning UTC, according to crypto data aggregator Nomics. Solana’s price has since retreated a little. It currently sits at $78.17, though this still represents an overnight increase of 8.91%. Solana’s price was under $40 at the beginning of last week, so in the last fortnight SOL has blown up by

Here’s the caveat to Bitcoin Cash, Ethereum Classic’s price actions

Source Node: https://ambcrypto.com/heres-the-caveat-to-bitcoin-cash-ethereum-classics-price-actions/
Time Stamp: August 3, 2021 8:30 AM - Modified On: August 3, 2021 - Published By:
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Republished By Plato

On the back of recent gains, most altcoins started moving north too. In fact, before minor corrections set in, these alts saw pretty decent rallies, with Bitcoin Cash and Ethereum Classic among them. However, what really matters is whether they can sustain these rallies or not. For the likes of BCH and ETC, this is a very critical question.  What does the price say? Both Bitcoin Cash and Ethereum Classic were up more than 40% since 20 July, at the time of writing. While both altcoins followed Bitcoin’s footsteps, their

High Volatility for Cardano, 60% Price Move Coming

Source Node: https://coinquora.com/high-volatility-for-cardano-60-price-move-coming/
Time Stamp: July 24, 2021 8:25 AM - Modified On: July 24, 2021 - Published By:
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Altcoin News Two critical price points will determine Cardano’s price movement. To be optimistic, rising above the $1.30 resistance level can take ADA to $2.00. However, if the $1.00 support fails, investors may have to prepare for a 60% crash. In a twisted turn of events, Cardano’s dormant stance could be heavily challenged by it coming closer to the peak of a consolidation pattern. This means that the chances for a groundbreaking price move are high. By this, we just mean that Cardano’s fate, and by extension the fate of