March 12 Daily report: Ethereum Forms Bullish Pattern, BTC is gearing up for correction to $50,000, BlockFi reaches $3 billion, Zilliqa blockchain establishes investment and Massive Altcoin Rally

Ethereum Forms Bullish Pattern, Why Close Above $1,850 Is Critical

Ethereum is holding gains above $1,750 against the US Dollar. ETH price is likely setting up for a crucial upside break above the $1,850 and $1,880 resistance levels. Ethereum corrected further lower below the $1,750 support zone, whereas bitcoin extended its rise. However, ETH remained well bid above $1,720 and $1,700 levels.

Bitcoin Price Prediction: BTC is gearing up for correction to $50,000 if the $58,000 hurdle remains unshaken

Bitcoin fails to enter a new price discovery mode due to a rejection suffered marginally above $58,000. BTC risks breaking down massively amid the formation of two bearish patterns. Support is anticipated at $56,000, 54,000 and $52,000 to halt the declines before reaching $50,000.

Crypto bank BlockFi reaches $3 billion valuations after $350m raise

Crypto lender BlockFi has raised over $350 million in a Series D round and is now valued at over $3 billion, the firm said in a release today. The firm is one of the few reputed ‘CeFi’ firms that allow people to earn a yield on their cryptocurrencies—6% on Bitcoin and over 8.6% on stable coins.

Zilliqa blockchain establishes investment and business entity to grow the ecosystem

Through a network of strategic investments, Zilliqa Capital looks to nurture entrepreneurs and developers to further cement Zilliqa’s position as the blockchain platform of choice across Southeast Asia and India, all while enhancing its impact globally.

Popular Crypto Trader Predicts Massive Altcoin Rally This Month

Popular crypto trader Capo is predicting a deep pullback for bitcoin in the coming month, leading to the ignition of an altcoin rally. In a recent series of tweets, Capo said bitcoin’s dominance index is waning, giving an indication that altcoins are about to experience a rally.

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Dai vs. Traditional Fiat: Examining the Advantages and Disadvantages

In the world of finance, the emergence of cryptocurrencies has brought about significant changes to the traditional financial landscape. One such cryptocurrency that has gained considerable attention is Dai. In ...
Read More

Finding the Best Crypto News Sources in 2023

The cryptocurrency market is fast-paced and ever-changing. With new projects launching, regulations shifting, and prices fluctuating daily, it's essential for crypto investors to stay up-to-date on the latest developments. However, ...
Read More

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It's the year 2023, and the meme culture got more popular than anytime. Every industry started to use memes for marketing or purely for fun. The crypto space is not ...
Read More

Momentum Trading in Cryptocurrencies: Riding the Price Trends to Profit in 2023

In the ever-evolving world of cryptocurrencies, momentum trading has emerged as a prominent strategy for savvy investors seeking to capitalize on price trends. With the volatile nature of digital assets, ...
Read More

Australian crypto exchange launches learning scheme

There has barely been a day over the past year or so when crypto has been out of the news in Australia. It all began with the sudden collapse of ...
Read More