It’s true that Bitcoin revolutionized the financial industry and provided society with a new perspective on decentralized payments and peer-to-peer transactions. Bitcoin also gave rise to a digital store of value that was never before possible, but the need for a bridge between fiat and crypto and digital assets with a stable price was needed, […]

The post The Ultimate Guide to Stablecoins appeared first on Coin Bureau.

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Bitcoin extended its rally and rose nearly 2%, with top 10 cryptocurrencies by market capitalization, excluding stablecoins, mostly higher on the day, led by Dogecoin’s 18% gain as Elon Musk’s purchase of Twitter neared completion.

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The world’s largest crypto exchange Binance burns over 1.34 billion Terra Classic (LUNC) tokens in the fourth batch of Binance burn mechanism. With the latest burn, Binance has sent nearly 12.5 billion LUNC tokens in total to the burn address. However, the Terra Classic burns by Binance dropping is a minor concern for the community.

The post Binance Burns Over 1.34 Billion Terra Classic ($LUNC) Tokens appeared first on CoinGape.

The post Flasko (FLSK) Becomes The Most Discussed Cryptocurrency Over Shiba Inu (SHIB) and Apecoin (APE) appeared first on Coinpedia Fintech News

The recent few months have been quite challenging for cryptocurrency investors because some of the well-doing cryptocurrencies in the past, like Shiba Inu (SHIB) and Apecoin (APE), are now struggling to deliver profits to investors.  With this, Shiba Inu (SHIB) and Apecoin (APE) investors are looking for more innovative cryptocurrencies such as Flasko. Shiba Inu …

CSPR’s price remains strong despite price facing rejection from a high of $0.055 as the price holds above the key support area.  TWT breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down.  The price of CRV respects the downtrend line as the price aims to break out of its downtrend price movement.  The crypto market has not had the Uptober that many expected, as the market has continued to range despite showing some great signs of rallying in the early part of the month. Except for a few exceptional coins, such as Casper Network (CSPR), Trust Wallet Token (TWT), and Curve DAO (CRV), have shown strength despite the growing concern for Bitcoin Dominance (BTC.D) as this could affect the price of altcoins when BTC retraces. Here are 3 altcoins that have defied the pull of BTC.D. Related Reading: Arca Firm CEO Believes Crypto Winter Has Reached The End, How True Is That? Casper Network (CSPR) Price Analysis On The Daily Chart Most projects have fared poorly in the bear market, with many experiencing more than 50% price declines, discouraging most traders and investors from stockpiling these assets. With Bitcoin’s dominance (BTC.D) rising and the price of BTC moving in a range, this has affected most crypto projects. The price of CSPR has enjoyed a somewhat good price rally. After dropping to a daily low of $0.03, the price of CSPR rallied to a high of $0.055, reclaiming its key support.  CSPR’s price needs to hold above $0.045, which corresponds to the 200 Exponential Moving Average; a close above this region could push the price to $0.077. Daily resistance for the price of CSPR – $0.077. Weekly support for the price of CSPR – $0.045. Price Analysis Of Trust Wallet Token (TWT) The daily timeframe for the price of TWT has shown resilience as the price continues to maintain its bullish strength after a successful breakout from a descending triangle.  TWT’s price faces resistance at $1.2; the price needs to break this region to rally higher; if the price fails to break this range, we could see the price retesting the support at $1.  Daily resistance for the TWT price – $1.2. Daily support for the TWT price – $1. 3 Altcoins – Price Analysis Of Curve DAO (CRV)  After dropping to a daily low of $0.5, the price of CRV bounced from that area as the price rallied to a high of $1.5 before facing rejection to trend higher. The price of CRV saw rejection as the price continued to range, forming a descending triangle with a possible breakout to a high of $1. Daily resistance for the CRV price – $1.2. Daily support for the CRV price – $0.65. Related Reading: This On-Chain Metric Suggests Bitcoin Not In Danger Of Another Sharp Drawdown Featured Image From zipmex, Charts From Tradingview