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Millions of dollars in capital are leaving the Avalanche (AVAX) ecosystem amid a major network outage on February 23. At the time of writing, the Avalanche network is still down and is not producing any new blocks. Notably, DavyCrypto was one of the first accounts to notice and report the issue on X at 13:50 (UTC). Davy mentioned “another major chain” in reference to Solana’s (SOL) major outages, which have become common in the past few years. ️#Avalanche is down️ Another major chain going down. pic.twitter.com/0JfU9YfaBq — DavyCrypto (@Davyegld) February 23, 2024 The Avalanche official account has not posted or shared any information about this major network outage by press time. However, the website Avalanche Status is sharing updates to what it has called a “Block Finalization Stall” issue. Picked for you Dogecoin competitor threatens 100% bullish breakout 2 hours ago Early backers fund Flare, reducing liquidity and fueling increased investment in t...

Each zodiac sign has several Billionaires worldwide who are in the rare 1%. Forbes released a list of Billionaires according to zodiac signs and five of them have 20 or more Billionaires . The Billionaires include Elon Musk, Bill Gates, Mark Zuckerberg, Jeff Bezos, Mukesh Ambani, and Bernard Arnault, among others. In this article, we will highlight the number of Billionaires as per zodiac signs, according to Forbes . Also Read: Cryptocurrency: Man Turns $51 Into $11,000 in 2 Hours Number of Billionaires as per Zodiac Signs: Forbes Source: Forbes Zodiac signs show different personalities and behaviors of an individual. While some are outspoken, bold, and extroverted, others are quiet, shy, and introverted. Below is the list of the number of billionaires as per their zodiac signs, released by Forbes. The study is based on the top 250 billionaires who are featured in the prestigious Forbes magazine. Also Read: India Begins To Study BRICS Currency Libra: 27 billionaires ...

Dogecoin (DOGE) supporters and investors are closely observing the asset’s behavior as March 2024 progresses. DOGE is currently struggling to maintain its position above the $0.08 mark, following a 10% decline on Feb. 21, prompting market participants to closely analyze its trajectory in the forthcoming weeks. Despite this recent setback, data from on-chain sources indicates that large-scale investors, colloquially known as “whales,” are continuing to amass significant quantities of DOGE, demonstrating a steadfast belief in the coin’s long-term viability despite short-term fluctuations. At present, DOGE is trading at $0.08516, marking a modest 1% increase in its daily value. Forecasting Dogecoin’s Trajectory Changelly’s technical Analysis provides insights into the expected trajectory of Dogecoin prices throughout 2024. According to their projections, the anticipated lower limit of Dogecoin ’s value is estimated to be $0.0719. However, th...

A UK newspaper says it has started an investigation after it published an article that appeared to promote a suspicious NFT project claiming to be in support of the country’s National Health Service (NHS). On Wednesday the Northamptonshire Telegraph ran an article promoting the ‘Nurse Coin Token and NFT’ via its Your World contributor system, which allows anybody to publish stories on the newspaper’s website. The article ’s author, Sylvester Sean Masango, describes himself as a ‘ crypto wizard’ helping “to bolster the welfare of NHS heroes and their families,” with his NFT s.  According to Masango, purchasing one NFT costs $334 and the project will donate half of the transactional costs to the NHS to help fund childcare and medical expenses and develop “much-needed care homes and hospices.” It also offers token holders discounts on various goods and services but doesn’t specify which ones. Screenshot taken of the published article before it was remo...

Despite a positive market sentiment, Ripple’s XRP token struggles to overcome the $0.55 level. The asset has faced a 2.6% correction in the daily chart. However, XRP is still up by 5.3% in the weekly charts, 9.8% in the 14-day charts, and 3.1% over the previous month. Moreover, XRP’s price has surged nearly 40% since February 2023. Source: CoinGecko Also Read: Ripple XRP: ChatGPT Predicts XRP Could Hit $10, Here is When XRP’s slow movements could be due to Ripple’s ongoing lawsuit with the US SEC (Securities and Exchange Commission). The fintech company received a favorable verdict from a district court last year, which stated that Ripple selling XRP to retail clients did not breach securities laws. However, the lawsuit is now in the high court, and investors await a ruling. Will a spot ETF push Ripple’s XRP to $5? In January, the US SEC approved 11 spot Bitcoin (BTC) ETFs (Exchange Traded Funds). The development has opened the doors for more ...

Sam Bankman-Fried faces scrutiny over potential conflicts of interest in his legal representation. Prosecutors raised concerns about shared legal counsel with Celsius’ CEO. The issue stemmed from Alameda Research’s role in Celsius’ bankruptcy. According to a Bloomberg report, the disgraced FTX founder Sam Bankman-Fried (SBF) makes a rare appearance in a New York courtroom on Wednesday. The hearing comes amid concerns over potential conflicts of interest surrounding his legal representation. The report noted that Bankman-Fried would field questions from a federal judge regarding his awareness of possible conflicts arising from his lawyers’ dual representation.  In particular, SBF lawyers Marc Mukasey and Torrey Young also represent Alex Mashinsky, the former Celsius Network CEO. Mashinsky is facing a separate criminal matter about Celsius’ implosion. The prosecutors’ concerns stem from potential conflicts related to Alameda Research, ...

The Bitcoin price has dropped a fraction in the past 24 hours to trade for $51,871 as of 1:25 a.m. EST time on trading volume that surged 45% over the last 24 hours. As things stands, the Bitcoin price is 23% away from its all-time high of $69,000, recorded on Nov. 10, 2021. #Bitcoin Price Drawdown from ATH – currently stands at -23% pic.twitter.com/upAGrYmgHG — Axel 💎🙌 Adler Jr (@AxelAdlerJr) February 20, 2024 Nevertheless, retail investors appear absent despite BTC rising 242% over the last 15 months. This is unorthodox considering retail has predominantly been the main driver of previous bull runs so far. To put this in perspective, a Google Trends search shows there is low interest in this cycle. Meanwhile, reports indicate that VanEck’s HODL, the firm’s spot BTC exchange-traded fund (ETF) product, recorded a striking rise in trading volume. The surge comes less than a week after VanEck indicated it would slash fees, but the massive sp...

Bitcoin, the pioneer of cryptocurrencies, continues its impressive rally as it edges closer to the $69,000 mark, driven by a surge in market capitalization that surpasses $2 trillion. This monumental achievement reflects the growing confidence and adoption of digital assets, propelling Bitcoin to new all-time highs. Bitcoin’s market cap milestone The recent surge in Bitcoin’s price is underpinned by a significant boost in its market capitalization, which now exceeds $2 trillion. This milestone solidifies Bitcoin’s position as the top cryptocurrency to buy, attracting institutional and retail investors seeking exposure to the digital asset market . The unprecedented growth in market cap underscores Bitcoin’s status as the best cryptocurrency to invest in for long-term returns. Favourable market conditions and increasing demand from investors worldwide fuel Bitcoin’s upward trajectory. The cryptocurrency market’s bullish se...

If Bitcoin’s dominance drops, bulls might push ETH’s price above $3,000. ADA could head toward $0.90 if bulls successfully break the $0.63 resistance. The analyst noted that the recent ADA and ETH rallies are only a little of what could come. Dan Gambardello, a crypto analyst, has revealed that Cardano (ADA) and Ethereum (ETH) would trigger a full-blown altcoin season as soon as Bitcoin (BTC) dominance falls. Gambardello based his thesis on previous cycles where both cryptocurrencies registered notable increases before other altcoins joined the climb. According to the crypto analyst, ETH would soon start outperforming BTC. He noted that when this happens, ADA would join before tokens like Ripple (XRP) and Solana (SOL) move. However, the analyst noted that Bitcoin has not yet slowed down its dominance. Bitcoin Dominance Chart (Source: TradingView) As such, the significant price increase ETH and ADA had recently was not confirmation that the altcoi...

Key takeaways Bitcoin could be heading towards a new all-time high soon as it broke past the $52k mark for the first time since December 2021. The Bitcoin halving is only 66 days away and the market could provide numerous opportunities to investors. Bitcoin touches $52k for the first time in more than two years Bitcoin, the world’s leading cryptocurrency by market cap, is having a positive month so far. It rallied by more than 10% last week to touch the $52k mark for the first time since December 2021. Following this rally, Bitcoin is now only $17k away from the all-time high of $69k it set in 2021. At press time, the  price of Bitcoin stands at $51,687 per coin. Investors are already expecting a new all-time high ahead of the next Bitcoin halving event. The next  Bitcoin halving is 66 days away and it could usher in another bullish cycle in the market.  AltSignals’ adoption continues  AltSignals continues to gain mo...

A widely followed crypto analyst is warning traders not to bank on a significant correction in the altcoin market to scoop up at lower prices. In a new video update, crypto strategist Jason Pizzino tells his 311,000 YouTube subscribers that recent history indicates an upcoming altcoin crash isn’t a likely scenario. Pizzino says he’s looking at the monthly chart of TOTAL3, which tracks the total market cap of crypto assets excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins. According to the trader, TOTAL3 is now in the midst of a consolidation phase in preparation for a burst to the upside, suggesting that a severe correction in the altcoin market is unlikely. It’s the sixth straight month now for the altcoin market cap to be up. Of course, eventually, we do have some sort of corrections but when we’re looking at the monthly chart, the corrections in the past, they have not broken down on the swing chart. You’ve had the lows holding ou...

Feb 18, 2024 at 15:44 // Price Author Coin Idol The price of Quant (QNT) has regained its positive momentum and has risen above the 21-day moving average. Long-term Quant price forecast: bearish The bullish momentum is failing to break above the moving average lines. The cryptocurrency is stuck between two moving average lines. At the time of writing, the altcoin is trading at $107. If the bears break below the 21-day SMA, the Quant will fall and find support above its previous low of $100. It is unlikely that the cryptocurrency will rise much more. The c...

TLDR DAI flips Bitcoin Cash, experiencing a price downturn due to low investor interest. Shiba Inu’s massive rally slowed, despite the project’s upcoming Sheboshi NFT debut. NuggetRush creates an all-inclusive ecosystem for various investors to thrive and connect. Dai (DAI) is a top stablecoin in the market that isn’t tied to a single currency; its value comes from the collateral supporting it. Recently, DAI flipped Bitcoin Cash ( BCH ), as BCH witnessed a sharp decline of over 16% from its January peak. This decline discouraged many who sought to purchase the token, and investors are wondering if Shiba Inu (SHIB) will next follow the halt in its rally. Despite the prevailing bearish trends, traders set their sights on new memes like  NuggetRush (NUGX)  and Bonk (BONK). NuggetRush features a unique combination of crypto mining adventures, non-fungible token (NFT) rewards, and community engagement. Bonk stormed the mark...