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XRP displayed bullish sentiments last month after it jumped from $0.43 and reached $0.53, but backtracked to $0.45. The crypto is repeatedly being rejected around $0.50 levels and is unable to breach the mark since May 2022. The Ripple community remains bearish on XRP as they voted for their estimated price prediction for November 2022. The majority of XRP holders believe that its price will not move forward this month and will mostly remain stagnant. Investors predicted on CoinMarketCap that XRP will reach a price of $0.4632 by November 30, 2022. As per the price estimate s, XRP would rise $0.01357 from its current level and go up by 3.02%. The crypto has been trading sideways and could repeat the feat in November 2022. Source: CoinMarketCap.com Also, another price estimate pointed out that investors are bearish on XRP’s prospects. The community has estimated that XRP will reach $0.03163 by the end of December 31, 2022. The price estimate is 7.03% lower than the current pri...

Join Our Telegram channel to stay up to date on breaking news coverage The crypto market has been slugging with a bearish performance since the start of this year. The sector’s market cap has come down by 50% since the start of this year, and investors are now on the lookout for new investment opportunities. This is where Tamadoge (TAMA) comes into the picture with its play-to-earn (P2E) earning opportunities.   The price of this crypto has been treading on a bullish trend in the past couple of days, with TAMA being one of the top 10 gainers earlier today. Tamadoge (TAMA) recently hit the $0.03 mark, which many novices say consolidates the token’s uptrend in the upcoming days. Does this make Tamadoge (TAMA) worth your investment? Let’s find out! More On Tamadoge (TAMA) Token Tamadoge is a P2E platform where users can use Tamadoge (TAMA) tokens to buy, sell and trade Tamadoge pets. These pets are virtual dog-like creatures minted as NFTs that one can ...

Fed Chair Jerome Powell. Source: Screenshot, YouTube/Federal Reserve Prices of major crypto assets could pump hard this week if the Federal Reserve in the US even hints at slowing the pace of rate increases later this year. The expectation that markets could rally this week leading up to – and potentially following – the Fed’s rate announcement on Wednesday is shared by both investment banks and members of the crypto community . However, opinions still differ on what a rally will look like and what exactly is needed for it to happen. It is widely expected by analysts that the Fed will raise rates by 75 basis points this week, but economists are unsure what will happen at the next Fed meeting in December. The expectation for a 75-point hike at this meeting is also shared by the market, with derivatives exchange CME’s FedWatch Tool currently indicating an 86% probability that the Fed will raise rates by 75 basis points. Notably, the tool also ...

Cardano’s ADA token has been a beneficiary of the current market rally. However, what are the prospects of the asset hitting the $10 mark by the end of next year? ADA Price Action  At press time, ADA trades at $0.40, marking a downtrend of 1.36% in the last 24 hours. However, ADA increased by 12.36% over the past week, in line with the crypto market. The crypto asset has benefited from the recent market rally, which pushed the industry over the $1 trillion market cap value for the first time in over two months. ADA’s strong performance has led it to some impressive technical gains. The asset is trading in line with its 10-day moving average (MA) of $0.4020, and it currently outperforms all other short-term MA metrics. ADA’s 100-day and 200-day MA, which stand at $0.41 and $0.40, respectively, also align with its trading price . ADA displays a positive moving average convergence divergence (MACD), indicating a buy signal. And with a relative str...

Dogecoin price is exchanging hands at $0.1198 after losing 8% of its value over the last 24 hours. This $16 billion meme coin grew by over 100% in the past week amid an Elon Musk-triggered rally. Dogecoin proponents backed the rally in droves, compelling bullish forecasts to $1. However, DOGE started giving up some of its gains before the $0.15 level. It now appears to be sitting on top of robust support, slightly above $0.1100. Overhead pressure will increase if holders choose to lock in the gains, but if this support holds, the Dogecoin price could quickly resume its uptrend. Is Dogecoin the Best Cryptocurrency to Short The entire cryptocurrency market is turning its attention to the upcoming Federal Reserve meeting, scheduled to take place on November 2. Market participants expect the regulator to continue tightening its grip on interest rates as it combats inflation. A 0.75% rate hike or, if you like, 75 basis points will likely mount more pressure on riskier as...

Binance coin rose to a five-month high on Monday, as cryptocurrency prices continued to trade higher. The token rose to its highest point since mid-May, extending recent gains in the process. Avalanche was also in the green, climbing to a six-week high during today’s session. Binance Coin (BNB) Binance coin (BNB) rose to a five-month high to start the week, as cryptocurrency markets surged on Monday. BNB/USD moved to a peak of $336.52 earlier today, which comes less than a day after trading at a low of $307.37. Monday’s rise in price sees the token hit its highest point since May 9, when the coin was trading at $359. BNB/USD – Daily Chart Overall, BNB has now extended its recent bull run, with prices moving higher for a fourth consecutive day. Despite recent hacks on a blockchain linked to Binance, its native token remains unscathed, and has now risen by as much as $100 in the last ten days. As a result of this, the 14-day relative strength index (RSI) has...

This week, pax.world launched $PAXW, its proprietary utility token for the metaverse. The process of designing and launching $PAXW has provided a clear understanding of the token’s inherent purposes, enormous potential, and possible dangers. Let’s begin at the top: A utility token is a cryptocurrency that serves a specific purpose within a particular ecosystem. Utility tokens give holders the right to perform specific actions on a blockchain network or decentralised application – in this case, $PAXW is native to pax.world. It is a utility and governance token rolled into one – minted, stored, and kept secure on the blockchain. One of $PAXW’s purposes is to grant the token holder a stake in the platform’s governance. Typically, governance tokens can hold the key to voting rights, a say in project direction, new partnerships, and upcoming platform features. In this regard, $PAXW plays an essential role in the decision-making process of the soon-to...

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. New crypto gaming project Calvaria has now raised nearly $1 million in its presale after attracting a slew of investors in the last week. The project, which is currently in stage 3 of its 10-stage presale, is gathering a huge amount of buzz in the crypto space given its unique solution to solving two major issues of blockchain gaming. While the huge potential of GameFi is undeniable, the space has continued to struggle to attract regular gamers. The likes of Decentraland and The Sandbox may command market caps of more than $1 billion each, they had just 20,000 combined players in October, according to DappRadar. Calvaria to Solve Two Major GameFi Issues Calvaria aims to solve two of the biggest issues in the GameFi space by making its flagship game - Duels of Eternity - not only available as a play-to-earn (P2E) game but a...

Join Our Telegram channel to stay up to date on breaking news coverage Price movement in the Lucky Block market has shown some impressive performance. In recent times LBLOCK has been quite impressive, and at this point still is showing promising signs. LBLOCK: October 31st, 2022 Lucky Block Price: $0.0002106 Lucky Block Market Capitalization: $0.76 million LBLOCK Flowing Supply: —– Total Supply of LBLOCK: 3.65 billion Lucky Block Coinmarketcap Rank: #3874 Crucial Price Marks: Ceiling Levels: $0.0002120, $0.0002142, $0.0002190 Floor Levels: $0.0002106, $0.0002100, $0.0001990   Lucky Block Price Prediction: Remain Well Position for an Upside Rally LBLOCK/USDT Price action in recent times remains above the SMA curve. On the four hours chart market signs still retains signs of upside movement. It could be seen that the Smooth Moving Average line lies below price action in recent times , even the last red candle here still is above the MA curve. Also,...

The Argentine Tax Authority (AFIP) is ramping up its fight against cryptocurrency-related tax evasion. On Oct. 28, the organization informed it had sent notifications to 3,997 taxpayers about incongruencies between their tax statements and reports on their cryptocurrency holdings. These statements being reviewed correspond to reports of operations happening in 2020. Argentine Tax Authority AFIP Ramps up Crypto Vigilance The Argentine Tax Authority (AFIP) is using the reports coming from local exchanges to cross the data in the tax statements and the crypto holdings of several taxpayers and has already found incongruencies. According to reports, the organization has already sent notifications of these problems to 3,997 Argentine citizens, that will have the opportunity to correct their statements to include their cryptocurrency holdings and pay additional taxes. These notifications would be linked to statements that were filed during 2020 and would be sent to taxpayers that have o...

The Cosmos price prediction may continue to show a bullish movement if the market could rise above the $14 resistance level. Cosmos Price Statistics Data: Cosmos price now – $13.94 Cosmos market cap – $3.9 billion Cosmos circulating supply – 286.3 million Cosmos Coinmarketcap ranking – #21 ATOM/USD Market Key Levels: Resistance levels: $17, $18, $19 Support levels: $11, $10, $9 ATOM/USD is showing positive movement as the market remains above the 9-day and 21-day moving averages. Apart from this, the Cosmos price still needs to head towards the upper boundary of the channel and traders can expect the price to continue to rise as soon as this is done. Cosmos Price Prediction: Cosmos Price Will Shoot to the North The daily chart shows that the Cosmos price is attempting to create more positive trends , and traders can expect a bullish continuation which could test the resistance level of $15. More so, the technical indicator reveals Relative Strength...

After Huobi Global announced that it would be delisting the stablecoin HUSD and auto-converting customer balances 1:1 with tether tokens, the stablecoin asset has dropped significantly in value sliding to a low of $0.72 per unit. HUSD Remains Below the $1 Peg Another stablecoin is struggling to maintain parity with the U.S. dollar as HUSD has slipped from the $1 peg to $0.746 per unit on Oct. 30, 2022. At the time of writing, the stablecoin token is exchanging hands for $0.765 per unit and there’s only $59,790 in global trade volume during the past 24 hours. Two days ago, Bitcoin.com News reported on Huobi Global announcing that it would delist HUSD, a stablecoin asset issued by Stable Universal. While Huobi and the stablecoin shared the same name, and Huobi introduced HUSD on Oct. 19, 2018, the exchange disassociated itself from the stablecoin token this year. HUSD depegged earlier this year, when it dropped to a low of $0.82 per HUSD on Aug. 18. HUSD also slipped below the $1 p...