BITCOIN

Bitcoin rallied above the $42,000 resistance zone against the US Dollar. BTC is correcting gains, but it might find support near the $40,000 zone. Bitcoin extended rally and even traded above the $42,000 resistance zone. The price is trading above $40,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $40,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start a fresh increase unless there is a close below the 39,500 support zone. Bitcoin Price Dips Bitcoin price remained well bid above the $40,000 support zone. BTC extended rally and climbed above the $42,000 resistance zone. The price even spiked above the $42,500 level and settled above the 100 hourly simple moving average. A high was formed near $42,547 before the price started a downside correction. There was a minor decline below the $41,650 support level. Bitcoin traded below the 23.6% Fib retracement level of the upward move from t

Welcome back to The Nightly Mint. While NFT volumes and general sentiment has been running low on steam thus far in March, the numbers are still comparable to Q4 2021 – which blew last year’s numbers out of the water. So while critics claim that NFTs are on their downfall, if we look at the big picture, it’s a small blip over the past year of growth. Until we see sustained weeks to months of sliding activity, there’s little conclusions to draw quite yet. The Nightly Mint Latest Mint: LimeWire Turns Back Time Remember LimeWire? Yes, the old P2P file-sharing platform is apparently releasing a new token, LMWR, and is also working on plans to release an NFT marketplace later this year. While the blockchain of choice is yet to be disclosed, core team members have stated that they will be partnering with “a leading blockchain.” ‘Right click save’ is taking a whole new twist on this one. Related Reading | Dogecoin Continues On A Downtrend Post A Mini Revival OneOf has found it's latest

The crypto market overall noted gains in the last 24 hours reversing certain effects of the recent bloodbath. Dogecoin on the other hand particularly saw some extreme choppiness over the past week or so. It is however too soon to say if the market is on its way to a solid recovery. Bitcoin was priced at $41k, as it recently toppled over the $40,000 mark marking a sharp increase by 8% over the past day.  The price of the meme-coin nose-dived by 10% since the beginning of March, ever since which all eyes have been fixed on Dogecoin. Although Dogecoin in the last week had managed to secure a break-out from the downtrend, the bears continued to claw the price momentum down. Related Reading | Bitcoin Trading Volume Has Now Stabilized At High Values, But For How Long?  Price Analysis: DOGE/USD Four-Hour Chart  Image Source – Trading View DOGE/USD Four-Hour The price of Dogecoin stands at $0.120 at the time of writing. On February 24, the meme-coin had plummeted to a multi-month low of $0.