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KEY Price   

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KEY

Selfkey  

#KEY

KEY Price:
$0.00500
Volume:
$1.1 M
All Time High:
$0.09
Market Cap:
$28.2 M


Circulating Supply:
5,639,069,446
Exchanges:
13
Total Supply:
5,999,999,954
Markets:
18
Max Supply:
5,999,999,954
Pairs:
30



  KEY PRICE


The price of #KEY today is $0.00500 USD.

The lowest KEY price for this period was $0, the highest was $0.00500, and the exact current price of one KEY crypto coin is $0.00499675.

The all-time high KEY coin price was $0.09.

Use our custom price calculator to see the hypothetical price of KEY with market cap of ETH or other crypto coins.


  KEY OVERVIEW


The code for Selfkey crypto currency is #KEY.

Selfkey is 6 years old.


  KEY MARKET CAP


The current market capitalization for Selfkey is $28,177,035.

Selfkey is ranking upwards to #468 out of all coins, by market cap (and other factors).


  KEY VOLUME


There is a big volume of trading today on #KEY.

Today's 24-hour trading volume across all exchanges for Selfkey is $1,097,012.


  KEY SUPPLY


The circulating supply of KEY is 5,639,069,446 coins, which is 94% of the maximum coin supply.


  KEY BLOCKCHAIN


KEY is a token on the Ethereum blockchain, and has digital contracts with 1 other blockchain.

See list of the KEY Blockchain contracts with 2 different blockchains.


  KEY EXCHANGES


KEY is integrated with many pairings with other cryptocurrencies and is listed on at least 13 crypto exchanges.

View #KEY trading pairs and crypto exchanges that currently support #KEY purchase.


  KEY RELATED


Note that there are multiple coins that share the code #KEY, and you can view them on our KEY disambiguation page.


  KEY RESOURCES


Websiteselfkey.org
Whitepaperselfkey.org/whitepaper
TwitterSelfKey
Redditr/selfkey
Telegramselfkeyfoundation


  KEY NEWS


ADA Price Reaches Key Juncture – Can Cardano Start A Fresh Surge?

    Cardano (ADA) is correcting gains from the $0.642 resistance zone. ADA could start a fresh rally if it stays above the $0.5550 support zone. ADA price is showing a few bearish signs below the $0.600 level. The price is trading above $0.5550 and the 100 simple moving average (4 hours). There was a break below a key bullish trend line with support at $0.610 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could attempt a fresh increase if the bulls remain active above the $0.570 support. Cardano Price Dips To Support After forming a base above the $0.520 level, Cardano started a fresh increase. ADA price was able to climb above the $0.555 and $0.565 resistance levels to move into a positive zone, like Bitcoin and Ethereum. The bulls pushed the pair above the $0.600 resistance zone. However, the bears were active near the $0.6420 resistance zone. A high was formed near $0.6419 and the price started a downside correction. There was a move below the $0.600 level. There was also a break below a key bullish trend line with support at $0.610 on the 4-hour chart of the ADA/USD pair. The price declined below the 23.6% Fib retracement level of the upward move from the $0.4718 swing low to the $0.6419 high. ADA price is now trading below $0.600 and the 100 simple moving average (4 hours). The bulls might remain active near the $0.5700 support or the 50% Fib retracement level of the upward move from the $0.4718 swing low to the $0.6419 high. Source: ADAUSD on ... read More



Bitcoin Goes To The Doctor: 5 Key Metrics For BTC In 2024

    The Bitcoin network and its underlying assets have evolved since its launch in 2009, and keeping up with the changes and updates can be challenging. In a post, financial strategist Lyn Alden broke down five key metrics to help BTC investors assess the network's current state.    Beyond Price: A Look At The Bitcoin Network Vitality As Lyn Alden suggests, a deeper dive into the Bitcoin network is essential for any investor. This approach offers a more nuanced understanding of Bitcoin's status, moving past the 'superficialities of price fluctuations' to gauge its true potential and challenges. Alden claims that price may not capture the complete story but remains a critical signal of adoption and market positioning. Bitcoin competes not just with other cryptocurrencies but also with traditional assets like gold and fiat currencies. Its fluctuating price reflects its relative youth and volatility compared to more established currencies. However, its fixed supply of 21 million Bitcoin provides an alternative to the constantly inflated supply of fiat currencies, such as the US dollar. The analyst stated: The Bitcoin network itself might be serving as a heartbeat of clockwork order in a world of chaos, but price is nonetheless a measure of its adoption. Bitcoin has consistently shown an upward trend, historically making it one of the best-performing assets, as seen in the chart below. The uptrend in the BTC price shows that the project has successfully operated as an alte... read More



Ethereum Price Plunge To $2K Imminent as Key Support Line Crumbles

    Ethereum price extended losses and tested the $2,150 support. ETH is struggling to recover and might continue to move down toward the $2,000 support zone. Ethereum started a fresh decline below the $2,350 and $2,250 levels. The price is trading below $2,250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $2,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair attempt a fresh increase if it clears the $2,240 and $2,280 levels. Ethereum Price Extends Losses Ethereum price remained in a bearish zone below the $2,400 pivot level. ETH extended its decline and traded below the $2,250 support level, like Bitcoin. It even spiked below the $2,000 level. A new weekly low was formed near $2,165 and the price is now consolidating losses. There was a minor increase above the $2,220 level. The price tested the 23.6% Fib retracement level of the downward wave from the $2,480 swing high to the $2,165 low. Ethereum is now trading below $2,250 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $2,240 level. There is also a key bearish trend line forming with resistance near $2,240 on the hourly chart of ETH/USD. The next hurdle could be $2,280, above which the price could aim for a decent recovery. The next major resistance is now near $2,360 or the 61.8% Fib retracement level of the downward wave from the $2,480 swing high to the $2,165 low. Source: ETHUSD on TradingView.com... read More



Cardano (ADA) Outperforms Bitcoin and Ethereum in This Key Metric: Detai...

    TL;DR Cardano's coin tops BTC and ETH in certain fields but faces a price decline. Market trends are bearish, yet experts stay optimistic about ADA's future. According to market intelligence platform Santiment, Cardano's ADA was the top cryptocurrency by development activity in the last 30 days. Polkadot (DOT) and Kusama (KSM) ranked second and third, respectively, while Ethereum (ETH) was placed tenth. Interestingly, Bitcoin (BTC) did not find a spot on the list. Here are #crypto's top coins by development activity. Notable #github commits past 30d: 1 @cardano $ADA T2 @polkadot $DOT T2 @kusamanetwork $KSM 4 @optimismFNP $OP 5 @ethstatus $SNT 6 @hedera $HBAR 7 @cosmos $ATOM 8 @dfinity $ICP 9 @chainlink $LINK 10 @ethereum $ETH pic.twitter.com/zhN01674ag — Santiment (@santimentfeed) January 22, 2024 As CryptoPotato reported, ADA surpassed the leading cryptocurrencies in that metric in November, too. Back then, ETH was ninth, whereas BTC was once again out of the ranking. Cardano has also witnessed some progress in the non-fungible token niche, with NFT sales volume soaring above $165,000 for the last 24 hours (an almost 40% increase on a daily scale). Ethereum has comprised over $14 million for the past day, representing a 9% jump. Contrary to those achievements, ADA's price has been on a severe downfall lately, dropping by nearly 15% on a weekly basis (per CoinGecko's data). Its collapse coincides with the overall bearish condition of the market, with BTC down ... read More



Bitcoin Price Drops Sub $39,000 – 3 Key Reasons

    The Bitcoin price has plummeted below the $39,000 mark, the lowest level since December 2. This significant drop can be attributed to three main factors that have collectively contributed to the current market sentiment and price action. #1 Selling Pressure From Grayscale’s GBTC Outflows The market has been heavily influenced by the continuous outflows from the Grayscale Bitcoin Trust (GBTC). Bloomberg analyst James Seyffart commented on the severity of the situation, stating, “Woof. BAD day for Bitcoin ETFs overall in the Cointucky Derby. GBTC saw over $640 million flow out today. Outflows aren't slowing — they're picking up. This is the largest outflow yet for GBTC. Total out so far is $3.45 Billion.” Nevertheless, the volume on the Bitcoin ETFs remained very strong, surpassing $2 billion, with GBTC accounting for over half of this volume. The total volume for the first seven trading days approached $19 billion. Interestingly, while GBTC experienced significant outflows, the broader spot Bitcoin ETF landscape paints a different picture. Excluding Grayscale, the nine new ETFs have collectively amassed 95,000 Bitcoin ($3.8 billion), in stark contrast to the 65,000 Bitcoin ($2.9 billion) that flowed out of GBTC. 22,000 BTC have been from selling from the FTX Estate, meaning not flowing into others. While the cessation of this supply overhang is generally positive for the market, it remains crucial to monitor whether the outflows from Grayscale persist ... read More



Coinbase CLO Warns Pokémon Might Be Key in Rejecting SEC's Expand...

    Paul Grewal, CLO of Coinbase, believes collectibles, like Pokémon cards, might be essential in rejecting the expanded definition of what the U.S. Securities and Exchange Commission (SEC) claims to be a security. To Grewal, these cards are also part of an ecosystem fueling their value, an element the SEC considers part of what makes some tokens securities. Coinbase CLO Argues Pokémon Collectibles Might Throw Down SEC's Case Coinbase CLO Paul Grewal commented about how playing card games like Pokémon, the Nintendo franchise, might dent the logic that the U.S. Securities and Exchange Commission (SEC) presented during the first hearing in its case against the exchange. In June, Coinbase was charged by the SEC under allegations of operating as an unregistered broker and infringing upon various securities laws. During this first encounter, one of the core discussions involved the definition of security, which differed for each party. While Coinbase argues that none of the tokens involved in the case (ICP, AXS, CHZ, FLOW, DASH, VGX, FIL, NEXO, NEAR, ADA, SAND, SOL, and MATIC) are securities due to the lack of a signed contract between seller and buyers in secondary markets, the SEC introduced a new element, citing the existence of an ecosystem behind these tokens as a part of its expanded understanding in the issue. Nonetheless, Grewal argues that not only tokens can have an ecosystem behind them to back them. In a post on X, Grewal stated:... read More



Former SEC Official: Crypto Holds the Key to 2024 US Presidential Electi...

    The U.S. Securities and Exchange Commission’s former head of internet enforcement has explained that crypto holds the key to the 2024 U.S. presidential election. He stressed that every U.S. presidential candidate should immediately appoint an internal Crypto Czar. 'The stark reality is that above all else, people have always voted with their wallets,' he emphasized.Former SEC Official on Crypto and Presidential Election Former U.S. Securities and Exchange Commission (SEC) official John Reed Stark has shared his view on crypto and how it could influence the outcome of the 2024 U.S. presidential election. Stark is currently president of cybersecurity firm John Reed Stark Consulting. He founded and served as chief of the SEC Office of Internet Enforcement for 11 years. He was also an SEC enforcement attorney for 15 years. The former SEC official detailed on social media platform X Wednesday: The crypto movement holds the key to the 2024 presidential election. Every presidential contender should immediately appoint an internal Crypto Czar to serve as the crypto-focal point and crypto-spokesperson for that candidate. 'The Crypto Czar should join the stages of all of the crypto-spaces and participate in all of the crypto symposium/meetings to mobilize crypto-enthusiasts and issue a proclamation as to the candidate's position on crypto-related issues,' Stark continued. 'While I firmly believe that crypto is a mammoth Ponzi scheme, I also believe that members of the crypto comm... read More



XRP Price Breakout To $5: Analyst Reveals Key Levels Of Importance

    Crypto analyst Egrag Crypto has revealed key price levels to watch out for in one of his latest analyses of XRP. The analyst hinted that these prices could be crucial especially following his prediction that the crypto token will rise to $5 in 90 days.  Targets That Confirm An XRP Bull Run  In a post on his X (formerly Twitter) platform, Egrag highlighted $0.60, $0.75, $0.95, and $1.3 as price levels to keep an eye out for as they will validate a bullish trend. He says, “A weekly close above any of these levels signifies robust support and a continued upward trajectory.”  #XRP Blue Channel vs. Red Channel Unveiled: To decipher the intricate details within the chart below, let's break it down into three crucial sections: 1) Blue Channel in comparison to Red Channel: Should the Blue Channel align with the Red Channel, a potential flash crash to… pic.twitter.com/2w5hmoH872 — EGRAG CRYPTO (@egragcrypto) January 19, 2024 Further elaborating on their importance, he noted that these targets “offer crucial insights into significant price behavior.” Considering that XRP has continued to trade below those levels, the token hitting any of those targets will easily suggest that the sentiment towards the altcoin has changed.  Meanwhile, the crypto analyst also raised the possibility of XRP experiencing a 50% drop in pursuit of a move similar to the one in 2017, when XRP surged by 61,000%. Interestingly, Egarag believes that XRP r... read More



Ethereum Price Dips Alongside Bitcoin, Decoding Key Hurdles To Fresh Inc...

    Ethereum price struggled to rise above $2,550 and $2,580. ETH started a fresh decline like Bitcoin and traded below the $2,500 support zone. Ethereum attempted a fresh increase but failed to surpass $2,550. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near $2,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair continue to move down if there is a move below the $2,425 support. Ethereum Price Extends Decline Ethereum price struggled to gain pace for a move above the $2,550 and $2,580 resistance levels. ETH formed a short-term top and started a fresh decline below $2,500 like Bitcoin. There was a move below the $2,450 level. A new weekly low was formed near $2,424 and the price is now consolidating losses. There was a minor increase above the $2,450 level, but the bears were active near the 23.6% Fib retracement level of the downward move from the $2,614 swing high to the $2,424 low. Ethereum is now trading below $2,500 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $2,465 level. The next hurdle could be $2,480. There is also a connecting bearish trend line forming with resistance near $2,480 on the hourly chart of ETH/USD. The next major resistance is now near $2,520. A clear move above the $2,520 level might start a decent increase. In the stated case, the price could rise toward the $2,580 level. Source: ETHUSD on ... read More



Why Is Bitcoin Price Trading Sideways? 3 Key Factors

    The Bitcoin price has been experiencing a phase of stagnation over the past days, leaving investors and analysts searching for the underlying causes. Three key factors can be seen as central to explaining Bitcoin's current sideways trading trend: #1 ETF Inflows Are Offset By GBTC Selling, But For How Much Longer? The spot Bitcoin ETFs continue to be the dominant theme on the market, and Grayscale in particular, with its GBTC, remains the focus of analysts. While the ETF inflows continue to be record-breaking, the Bitcoin price remains flat. One of the main reasons for this is presumably the outflows on GBTC, which is viewed as overpriced with its fee of 1.5% per year (compared to 0.25%) by other issuers. Thomas Fahrer of Apollo pointed out the significant flow discrepancies in the market: “In three days of trading. IBIT +16K BTC, FBTC +12K BTC, BITB +6.7K BTC, ARKB +5.3K BTC, GBTC -27K BTC. GBTC BTC is flowing but not enough to sustain the other ETFs. Supply shock inbound imo.” Alessandro Ottaviani provided further insights, stating, “Bitcoin inflow in the ETFs: +47k, Bitcoin outflow from Grayscale: -27k, net inflow: 20k. Soon or later I expect Grayscale outflow stopping or reducing significantly. Those who have Grayscale GBTC were already into Bitcoin and therefore I think they already made the decision to sell, the execution of which should happen not so much later than the launch of the ETF. Bloomberg analysts James Seyffart and Eric Balchunas expect a p... read More



Ethereum Price Rejects $2,600, Can Bulls Save This Key Support?

    Ethereum price struggled to extend gains above $2,600 and $2,620. ETH trimmed gains and might struggle to stay above the $2,500 support zone. Ethereum attempted a fresh increase but failed to surpass $2,620. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair start another increase if the bulls protect the $2,500 and $2,470 support levels. Ethereum Price Revisits Support Ethereum price started a fresh increase above the $2,520 resistance zone. ETH even climbed above the $2,550 level, but the bears were active near $2,600, like Bitcoin. The price traded as high as $2,614 and recently started a fresh decline. There was a move below the $2,550 support zone. The price traded below the 61.8% Fib retracement level of the upward wave from the $2,471 swing low to the $2,614 high. Ethereum is now trading below $2,550 and the 100-hourly Simple Moving Average. The bulls seem to be currently active above the 76.4% Fib retracement level of the upward wave from the $2,471 swing low to the $2,614 high. On the upside, the price is facing resistance near the $2,540 level. There is also a key bearish trend line forming with resistance near $2,540 on the hourly chart of ETH/USD. The next major resistance is now near $2,580. A clear move above the $2,580 level might start a decent increase. In the stated case, the price could rise toward t... read More



Bitcoin Price Consolidates Losses, Why 100 SMA Is The Key To Recovery

    Bitcoin price is struggling below the $43,500 resistance zone. BTC could start another decline if it stays below the 100 hourly SMA. Bitcoin price started a major decline from the $49,000 resistance zone. The price is trading below $43,250 and the 100 hourly Simple moving average. There is a key declining channel forming with resistance near $43,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh decline if it stays below the $43,250 resistance zone. Bitcoin Price Turns Red Bitcoin price started a major decline from the $49,000 resistance zone. BTC traded below the $46,500 and $45,000 support levels to enter a short-term bearish zone. The bears even pushed the price below the $42,500 support zone before the bulls appeared. A low was formed near $41,476 and the price is now consolidating losses. It recovered a few points above the $42,000 level. The price tested the 23.6% Fib retracement level of the key drop from the $49,000 swing high to the $41,476 low. Bitcoin is now trading below $43,250 and the 100 hourly Simple moving average. There is also a key declining channel forming with resistance near $43,050 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $43,000 level and the channel zone.  The first major resistance is $43,250 or the 100 hourly Simple moving average. A clear move above the $43,250 resistance could send the price toward the $44,450 resistance. Source: BTCUSD on Tradin... read More



Solana In 2024: Roadmap And Key Price Targets For This Year

    The Solana Foundation has unveiled a roadmap for 2024, focusing on innovation, developer engagement and network scalability. '2024 is the year of Solana,' the foundation proclaimed, focusing on the key milestones achieved and strategic goals for the year in the statement. The “Solana Foundation's State of Developer Ecosystem Report” highlights a surge in developer activity, with over '2,500 active developers committing to open source repositories' and an impressive increase in developer retention, rising 'from 31% to over 50% throughout the previous year.' The report further elucidated the evolution of Solana's infrastructure, which in 2023 saw a leap in maturity with the deployment of 'program frameworks for Rust, Python, and more,' as well as 'SDKs available for 10 languages, laying a solid foundation for diverse dApp development.' Solana Labs’ innovative GameShift API has been a game-changer, a piece of 'app-specific tooling' designed to revolutionize the gaming space on Solana's blockchain. On-chain data provided by Messari reinforces the network's growth narrative, citing 'a 65% quarter-over-quarter increase in daily average non-voting transactions, reaching 40.7 million, and a remarkable 102% quarter-over-quarter rise in average daily fee payers, amounting to 190,000.' The roadmap also unveils forthcoming advancements poised to redefine blockchain capabilities. First, Solana aims to introduce “token extensions to empower more complex and multifa... read More



Crypto Analyst Reveals Why $0.087 Is A Key Profitable Level To Watch For...

    Crypto analyst Skew has highlighted a particular price level for Dogecoin (DOGE), which could turn profits for those invested in the meme coin. He also shared his thoughts on price levels to keep an eye on when positioning for entry in anticipation of an uptrend for DOGE. $0.087 Is The Dogecoin Price Level To Watch Out For Analyzing the daily Dogecoin chart, Skew hinted that there is a better risk-reward above $0.08750 for those who might be looking to get in on the meme coin. The analyst seemed to have a strong conviction about that price level as he made this comment despite noting that there was still a huge HTF range developing on the chart.  Meanwhile, the analyst also highlighted other critical price levels to watch out for. These levels could paint a bullish momentum for the meme coin. He stated that he would be looking for a higher high above the December 2022 high of $0.11 and a higher low around $0.0094 or Doge’s peak in December 2023 when it rose to $0.10.   Considering that DOGE has for a long time maintained a relatively tepid price movement, the meme coin hitting these price levels will mean that a significant rally could be underway. Going by crypto analyst Jaydee’s prediction, this rally could come once there is an ASO (Average Sentiment Oscillator) cross on the charts.  Jaydee highlighted that as one of the three things that occur before the meme coin makes a significant move to the upside. This indicator seems to be the only ... read More



Shiba Inu Lead Dev Hints At Major Progress As SHIB Holds Key Support

    Shiba Inu lead developer Shytoshi Kusama has hinted at significant progress in the project's ambitions. Kusama's statements, shared on X (formerly Twitter), provide insights into the strategic direction of Shiba Inu and its integration with broader internet infrastructure. Alluding to the fake spot Bitcoin ETF approval news, Kusama stated, “Hey, SHIBARMY! While everyone is focused on approved or not, hacked or not, we remained focused on creating what we said we would: A Network State. Since I'm hearing a lot of Web 3 but not enough WEB, let's talk about SHIB NAME TOKENS.” Elaborating on the project's direction, Kusama highlighted the importance of domains in the digital world: “Domains are the identity layer of the Internet. For 40 years, they have made using the Internet easier for all. If you type http://shib.io into your browser, you go to the Shib website. What if you could do more?” In a push to gain adoption, Shiba Inu is partnering with D3 to apply for the .shib Top-Level Domain (TLD), aiming to make a significant impact on the internet landscape. “This will allow us to tap into infrastructure that is used by 5.3 BILLION people worldwide,” Kusama noted, emphasizing the extensive reach of this endeavor. The plan involves utilizing domains to establish a seamless identity layer for Shib across the internet, without necessitating special software, wallets, plugins, or extensions. This move could drastically simplify user interaction w... read More



ADA Price Faces Key Hurdle, Can Cardano Surpass This To Start Fresh Rall...

    Cardano (ADA) is attempting a recovery wave from the $0.4650 zone. ADA could start a fresh rally if there is a close above the $0.550 resistance. ADA price is moving higher from the $0.4650 zone. The price is trading below $0.570 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.545 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could accelerate higher if there is a clear move above $0.545 and $0.550. Cardano Price Attempts Fresh Increase After a strong rally, Cardano faced sellers near the $0.675 zone. ADA started a fresh decline below the $0.620 and $0.600 support levels, unlike Bitcoin and Ethereum. There was a drop below the $0.550 support and the 100 simple moving average (4 hours). Finally, the price found support near the $0.4650 zone. The price is now attempting a fresh increase above the $0.500 resistance zone. The price tested the 23.3% Fib retracement level of the downward move from the $0.6768 swing high to the $0.4650 low. ADA is now trading below $0.570 and the 100 simple moving average (4 hours). There is also a key bearish trend line forming with resistance near $0.545 on the 4-hour chart of the ADA/USD pair. On the upside, immediate resistance is near the $0.532 zone. The first resistance is near $0.545 and $0.550. The next key resistance might be $0.570 or the 50% Fib retracement level of the downward move from the $0.6768 swing high to the $0.4650 low. Source: ADAUSD... read More



XRP Price Prediction – This Resistance Is The Key To Next Rally

    XRP price is moving higher from the $0.4540 support. The price could start a fresh rally if there is a clear move above the $0.600 resistance. XRP is attempting a fresh increase from the $0.4540 support level. The price is now trading below $0.5950 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6080 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair start a fresh rally if it clears the $0.600 and $0.608 resistance levels. XRP Price Faces Hurdles This past week, XRP price saw a sharp decline below the $0.550 level. The price declined below the $0.500 support and even spiked below $0.480. A low was formed near $0.4541, and the price is now moving higher, like Bitcoin and Ethereum. There was a move above the $0.500 and $0.520 resistance levels. The bears cleared the 61.8% Fib retracement level of the main drop from the $0.640 swing high to the $0.454 swing low. However, the price is still below $0.5950 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.595 zone or the 76.4% Fib retracement level of the main drop from the $0.640 swing high to the $0.454 swing low. The first key resistance is near $0.600 and $0.608. There is also a key bearish trend line forming with resistance near $0.6080 on the 4-hour chart of the XRP/USD pair. Source: XRPUSD on TradingView.com A close above the $0.6080 resistance zone could spark a strong increase. The next ke... read More



Ethereum Price Avoids Trend Reversal But Key Hurdle Still Intact

    Ethereum price managed to stay above $2,170 and recovered losses. ETH consolidating and still facing many hurdles near $2,350 and $2,400. Ethereum is attempting a fresh increase above the $2,300 resistance level. The price is trading above $2,250 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $2,245 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a close above the $2,350 level. Ethereum Price Regains Strength Ethereum price extended its decline below the $2,200 level. However, ETH remained stable near the $2,180 and $2,170 levels. A low was formed near $2,170 and the price started a fresh increase, like Bitcoin. There was a decent increase above the $2,240 level. There was also a break above a connecting bearish trend line with resistance near $2,245 on the hourly chart of ETH/USD. The pair climbed above the $2,320 resistance, but the bears were active near $2,350. A high was formed near $2,358 and the price is now correcting gains. There was a minor decline below the $2,320 level. The price moved below the 23.6% Fib retracement level of the upward move from the $2,170 swing low to the $2,358 high. ETH is now trading above $2,250 and the 100-hourly Simple Moving Average. If there is a fresh increase, the price might face resistance near the $2,350 level. The next major resistance is now near $2,400. Source: ETHUSD on TradingView.com The main uptren... read More



Ethereum Poised For Breakout? Analyst Pinpoint Key Levels For Monumental...

    So far, Ethereum appears to be showing signs of an impending bullish run, according to Crypto Tony, a renowned analyst in the crypto space. Crypto Tony suggests that Ethereum's journey to bullish momentum could commence if it successfully maintains its position above the crucial level of $2,130. Fortunately, the asset trades above this price level and appears to be climbing further above it, with its current trading price of $2,264 at the time of writing. Key Levels For Major ETH Rally The $2,130 price mark, as disclosed by Crypto Tony, is seen as a pivotal point for Ethereum, as maintaining this level could signal 'strength and stability,' setting the stage for further gains. This optimism further escalates should Ethereum reclaim the range high at $2,500, a price level Crypto Tony revealed that would reinforce the bullish sentiment in the Ethereum market. Notably, Crypto Tony's bullish outlook aligns with the sentiments of other analysts in the crypto community. $ETH / $USD - Update The ETH range is simple. Remain above $2,130 and we are bullish .. Reclaim the range high at $2,500 and we are really bullish pic.twitter.com/YKOph2YbRY — Crypto Tony (@CryptoTony__) January 8, 2024 For instance, Ali Chart, another notable crypto analyst, has identified $3,830 and $5,100 price levels as Ethereum's following major targets based on the Market Value to Realized Value (MVRV) price bands. For context, MVRV is a key on-chain metric or indicator that compares a cryptocurrency's... read More



Bitcoin Price Plunge Imminent as Bears Protect Key Resistance

    Bitcoin price is still struggling to clear the $44,500 and $44,700 resistance levels. BTC is showing a few bearish signs and might drop toward $42,150. Bitcoin is facing a major hurdle near the $44,500 resistance zone. The price is trading below $44,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $44,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could decline toward the $42,350 and $42,150 support levels. Bitcoin Price Faces Hurdles Bitcoin price attempted a fresh increase above the $43,500 resistance zone. BTC even broke the $43,800 resistance zone but the bears were active near the $44,500 resistance zone. There were a few attempts to gain strength above $44,500, but the bears remained active. A high was formed near $44,483 and the price is now showing a few bearish signs. There was a drop below the $44,000 support zone. The price traded below the 50% Fib retracement level of the upward move from the $42,480 swing low to the $44,483 high. Besides, there was a break below a key bullish trend line with support at $44,000 on the hourly chart of the BTC/USD pair. Bitcoin is now below $44,000 and the 100 hourly Simple moving average. Source: BTCUSD on TradingView.com On the upside, immediate resistance is near the $44,000 level. The first major resistance is $44,200. The main resistance is now forming near the $44,500 level. A close above the $44,500 level could send the price furthe... read More



Grayscale Updates Spot Bitcoin ETF Application but Left out Some Key Inf...

    Crypto asset management firm Grayscale Investments has updated its spot bitcoin ETF filing in hope of being included in the initial round of decisions by the U.S. Securities and Exchange Commission (SEC). However, the firm has omitted some key information that the SEC reportedly wants included in the filing, which several other asset managers have disclosed, including details relating to authorized participants.Grayscale Files 3rd Amendment to Spot Bitcoin ETF Filing Most asset managers seeking to launch a spot bitcoin exchange-traded fund (ETF) updated their applications with the U.S. Securities and Exchange Commission (SEC) on Friday, which was the deadline given by the regulator for amended filings. Grayscale filed the third amendment to its S-3 filing to convert its bitcoin trust (GBTC) into a spot bitcoin ETF on Friday. Commenting on Grayscale's amended filing, Bloomberg ETF analyst Eric Balchunas shared on social media platform X Tuesday: New Grayscale amendment just dropped. Clear language on cash only but still no AP [authorized participant] named, just blanks where name should go. Not sure why since SEC wants to see it and they have been pretty cocksure about having one. The analyst further pointed out that there was nothing about the fee in Grayscale’s amended filing that he could see. The firm's authorized participant agreement is found in Exhibit 4.5 of the filing. The SEC reportedly required spot bitcoin ETF applicants to submit updated filings by last Fri... read More



Will Grayscale's Bitcoin ETF Launch On Time? Application Missing Key Det...

    A wave of anticipated Bitcoin (BTC) spot ETF approvals appear days away from launch – yet one of the race’s largest players may be behind on its regulatory procedures. Bloomberg ETF analyst Eric Balchunas noted on Tuesday that the firm’s latest S-3 filing for its Bitcoin ETF is still absent critical information that rival fund managers have already included in their applications. What Is Grayscale Waiting For? As of January 2, Grayscale still hasn’t confirmed what firms will be “authorized participants” (APs) for its Bitcoin ETF. APs are responsible for creating and redeeming shares of the ETF to keep its price joined at the hip with BTC at all times. At the Securities and Exchange Commission (SEC)’s request, Grayscale stated that APs will only deliver and receive cash for such activities, rather than actual BTC – but left blank spaces where the APs should actually be named. “Not sure why since SEC wants to see it and they have been pretty cocksure about having one,” wrote Balchunas to X (formerly Twitter) on Tuesday. When applying for ETF approval in June 2022, Grayscale announced that its APs would have been market-making giants Jane Street and Virtu. The company has even tweeted that it had an AP picked out already. “Until we see we aren't counting any horse as official,” added Balchunas. “Also, BlackRock, Fidelity et al did it, so why not be done with it?” Incoming ETF Approvals The SEC ha... read More



Player Liquidity: A Key Theme for 2024 in Blockchain Gaming

    The infrastructure for Web3 game development is experiencing rapid expansion, according to Delphi Digital's recently published report titled 'The Year Ahead for Gaming 2024.' The collective market capitalization of 183 gaming projects has demonstrated relative stability, fluctuating between $4 billion and $7 billion throughout the year. This range is notably 86% lower than the peak observed in 2022. Despite this, there exists substantial potential for expansion. Blockchain Gaming Ecosystem At present, around 1.2 million daily distinct active wallets are participating in gaming protocols, leading to a daily range of 15 to 25 million gaming transactions. Optimism and the OP Stack framework have emerged as perhaps the most favored options among developers engaged in fully on-chain crypto gaming (FOCG). Starknet stands out as another widely embraced infrastructure choice for FOCG. Insights from the report shared by Web3 marketer Stacy Muur also revealed that the primary markets for blockchain gaming, ranked in order, include - the Philippines, Nigeria, Pakistan, Singapore, Vietnam, South Korea, Hong Kong, China, and the United Arab Emirates. Delphi Digital found that mobile gaming has become an increasingly appealing platform for Web3 developers, thanks to enhanced onboarding processes and more lenient regulations. Meanwhile, the total count of gaming-centric networks has been steadily increasing, with 76 new networks emerging in 2023 alone, encompassing general-use L1s, L2s, and... read More



Flippening: Ethereum (ETH) Surpasses Bitcoin (BTC) in This Key Metric

    The amount of Ethereum owned by long-term hodlers reached a record of over 70% in December, according to data from blockchain analytics firm IntoTheBlock. These committed holders have refrained from selling their Ethereum stash, contributing to the altcoin's new benchmark. The latest ITB data also reveals that Ethereum has surpassed Bitcoin in terms of the percentage held by long-term holders, with the latter a little below the 70% mark. HODLers, individuals who hold onto their crypto regardless of market volatility or price fluctuations, play a crucial role in maintaining the overall health of any blockchain. The rise in Ethereum ownership by HODLers indicates a strong belief in the asset's long-term potential, with investors demonstrating patience and conviction despite market uncertainties. Despite Ethereum's impressive 85% growth in market capitalization in 2023 and various positive developments such as upgrades, ETF applications, and 'robust' adoption metrics, it has slightly underperformed compared to other major assets, as per a previous ITB analysis. However, experts are optimistic about the altcoin's price trajectory in 2024. Glassnode co-founders Jan Happel and Yann Allemann, for one, have set a target for Ethereum, aiming for $2,500, citing 'market enthusiasm.' They suggest that a more ambitious push could help Ethereum potentially climb to $2,700. The success of Ethereum in 2024 may depend significantly on the level of acceptance it receives from traditional fina... read More



Ethereum Price Reaches Key Juncture – Can Bulls Pump ETH To $2,500...

    Ethereum price is still struggling to clear the $2,265 resistance while Bitcoin extended gains. ETH could rally if there is a close above $2,265 and then $2,320. Ethereum is still struggling to gain pace for a move above the $2,265 resistance zone. The price is trading above $2,220 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $2,180 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a strong increase if there is a close above $2,265 and $2,320. Ethereum Price Aims Higher Ethereum price managed to stay above the $2,200 support zone. The bulls protected a major downside break and pushed the price above the $2,220 level. There was a push above the $2,250 level, but the bears are still active near the $2,265 resistance zone. A high was formed near $2,264 and the price is now consolidating gains near the 23.6% Fib retracement level of the recent increase from the $2,155 swing low to the $2,264 high. Ethereum is now trading above $2,220 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support near $2,180 on the hourly chart of ETH/USD. On the upside, the price is facing resistance near the $2,265 level. A close above the $2,265 barrier could start a decent increase. The next key resistance is near the $2,320 level. A clear move above the $2,320 zone could send the price toward the $2,400 level. Source: ETHUSD on TradingView.com The next resistance sits at... read More



Bitcoin NFTs Skyrocket With $425M in Sales This Week; Key Collections Ce...

    In the last week, markets for non-fungible tokens (NFTs) minted on top of Bitcoin have generated approximately $425.63 million in sales. The leading ten NFT collections over the seven-day period all originate from the Bitcoin blockchain. Several collections of Ordinal inscriptions based on Bitcoin are witnessing substantial trading volumes, establishing strong baseline values for these digital collectibles.Bitcoin NFT Market Continues to Evolve In the past six weeks, Bitcoin-based NFTs, also known as Ordinal inscriptions, have been selling at an impressive rate. In November, NFT sales from Bitcoin exceeded those from Ethereum, and this trend has persisted into December. Data from cryptoslam.io this week reveals that Bitcoin achieved $425.63 million in NFT sales, surpassing the runner-up Solana, which recorded $104 million in seven days. Ethereum, previously the frontrunner in NFT sales, now ranks third with approximately $79.98 million in sales over the seven-day period. Currently, the leading trio of marketplaces in the realm of Bitcoin-based NFT sales comprises Okx, Unisat, and Magic Eden. As of Dec. 20, 2023, Okx has a commanding lead, holding over 85% of the market share in this niche. Unisat follows with an 8.3% share, while Magic Eden captures about 4.3%, according to data from Dune Analytics. In the past week, Magic Eden's seven-day market data reports that Bitcoin Frogs has been the most traded collection in the BTC-based NFT space. As for the market value, a Bitcoin... read More



Bitcoin Price Outperforms – Key Reasons Why Bulls Still Aim $48K

    Bitcoin price is moving higher and recently broke the $43,500 resistance. BTC is still in a strong uptrend and might gain pace for a move above $45,000. Bitcoin extended its increase and climbed above the $43,500 resistance zone. The price is trading above $43,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support near $43,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move up if there is a close above $44,500 and $45,000. Bitcoin Price Regains Strength Bitcoin price remained stable above the $42,000 resistance zone. BTC gained bullish momentum and climbed above the $43,000 resistance zone. It even cleared the key $43,500 barrier. Finally, the price tested the $44,300 level. A high is formed near $44,300 and the price is now correcting gains. There was a minor decline below the $44,000 level. The price dipped below the 23.6% Fib retracement level of the recent increase from the $41,828 swing low to the $44,300 high. Bitcoin is now trading above $43,000 and the 100 hourly Simple moving average. There is also a connecting bullish trend line forming with support near $43,100 on the hourly chart of the BTC/USD pair. The current price action and the recent breakout calls for more gains. On the upside, immediate resistance is near the $44,000 level. The first major resistance is forming near $44,300 and $44,500. A close above the $44,500 resistance could set the pace for a move ab... read More



Making Privacy Solutions EVM-Compatible Is Key to Integrating Them With ...

    While proponents of fully homomorphic encryption (FHE) have sometimes touted it as a better privacy solution than zero-knowledge (ZK) proofs, Guy Itzhaki, the founder and CEO of Fhenix, said both are cryptographic-based technologies which, when combined, can form a robust and efficient encryption layer. To support this viewpoint, Itzhaki pointed to a research study whose findings suggest that 'combining ZKPs with FHE could achieve fully generalizable, confidential decentralized finance (defi).'The Blockchain and AI Converging Despite their great promise, privacy solutions have yet to become an important part of blockchains and decentralized apps (dapps). In his written answers sent to Bitcoin.com News, the Fhenix CEO said one of the reasons for this may be the perceived burden they bring to developers and users. To overcome such problems, Itzhaki proposed making these solutions EVM-compatible and also bringing FHE encryption capabilities to the programming language Solidity. Meanwhile, when asked how developers and users can protect their privacy in a world where blockchain and artificial intelligence (AI) are converging, the founder of Fhenix — an FHE-powered Layer 2 — said that the first step would be to raise awareness about the presence of emerging risks or challenges. Taking this step will force developers to design applications that address these challenges. For users, Itzhaki said the best way to protect themselves is to 'educate themselves about safe usage... read More



BNB Price Clears $250 and Could Rally 10% To Retest This Key Resistance

    BNB price gained momentum and climbed above the $250 resistance. It is showing positive signs and might rally toward the $272 resistance zone. BNB price is moving higher above the $250 resistance. The price is now trading above $250 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $252 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might continue to move up if there is a clear move above $258. BNB Price Regains Traction These past few days, BNB price formed a base above the $230 level. The price started a decent increase above the $240 and $242 resistance levels. In the past two sessions, it even outperformed Ethereum and Bitcoin. BNB broke the 76.4% Fib retracement level of the downward move from the $257.1 swing high to the $231.9 low. There was also a break above a key bearish trend line with resistance near $252 on the 4-hour chart of the BNB/USD pair. It is now trading above $250 and the 100 simple moving average (4 hours). The current price action is positive and signaling more upsides above the $258 resistance zone. The next resistance sits near the $262 level. A clear move above the $262 zone could send the price further higher. In the stated case, BNB price could test $272. It is close to the 1.618 Fib extension level of the downward move from the $257.1 swing high to the $231.9 low. Source: BNBUSD on TradingView.com A close above the $272 resistance might set the pace f... read More



Bitcoin Price Rallies 5% But Key Breakout Resistance Is Still Intact

    Bitcoin price jumped from the $40,500 support zone. BTC is up over 5% but the bears are still defending the $43,500 resistance zone. Bitcoin started a strong increase from the $40,500 support zone. The price is trading above $42,000 and the 100 hourly Simple moving average. There was a break above a major bearish trend line with resistance near $41,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could decline again if it fails to clear the $43,500 resistance zone. Bitcoin Price Revisits $43,500 Bitcoin price extended its decline below the $41,200 support level. However, BTC remained well-bid above the $40,500 support zone. A low was formed near $40,515 and the price started a fresh increase. There was a steady increase above the $41,200 and $42,000 levels. There was a break above a major bearish trend line with resistance near $41,850 on the hourly chart of the BTC/USD pair. The pair rallied above the $43,000 resistance zone. Bitcoin is now struggling to clear the key $43,500 resistance zone. A high is formed near $43,464 and the price is now consolidating gains. It is above the 23.6% Fib retracement level of the upward move from the $40,515 swing low to the $43,464 high. It is well above $42,000 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $43,250 level. The first major resistance is forming near $43,500. A close above the $43,500 resistance might start a steady increase. Source: BTCUSD on TradingVi... read More



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