Author: Haliys Smit

The Indian equity markets today, April 18th, have dropped in their share price. Benchmark NIFTY 50 index is down 0.77% to trade at 21,980.65, losing 168.75 points to its previous close of 22,147.90. The index has navigated a day’s range of 21,969.80 to 22,326.50, underlining the market’s inherent drop. Similarly, the BSE SENSEX  has dropped 0.74%, 543.49 points to trade at 72,385.70 as of writing. These figures set a cautiously optimistic tone as major companies gear up to announce their Q1 2024 earnings this week. Nifty 50 Chart. Investing.com Infosys Ltd   Infosys, a giant in the technology sector, is about…

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In recent trading sessions, Polkadot (DOT) has experienced a noteworthy decline, emphasizing a challenging period for the cryptocurrency amidst a broader market downturn. As of the latest updates, DOT has been trading around the $6.59 mark, struggling to surpass the resistance level at $7. This ongoing weakness in price action aligns with the negative trends observed across major cryptocurrencies, including Bitcoin and Ethereum. DOT/USD 24-hour price chart (source: CoinMarketCap) During the dip, DOT’s market capitalization and 24-hour trading volume dipped by 0.49% and 2.14% to $9,479,632,484 and $211,466,224, respectively.  Market Resistance and Support Levels Polkadot’s market behavior has seen the…

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As of the latest data, Litecoin price stands at $79.52, reflecting a 1% increase over the past 24 hours Litecoin, one of the prominent cryptocurrencies in the market, has recently experienced a dip in its price, falling below the $80 mark. This decline has raised questions among investors and enthusiasts about the future trajectory of Litecoin and the factors influencing its price movements. In this article, we’ll explore the recent price dip, analyze key metrics such as market cap and trading volume, and examine potential factors that could impact Litecoin’s future. Current Litecoin Price and Performance As of the latest…

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Kraken Wallet: Revolutionizing cryptocurrency management with self-custody and decentralization Crypto News: Kraken, a cryptocurrency exchange operating in the United States, has launched its very own crypto wallet recently. This launch makes this crypto exchange a tough competitor of other established exchanges in the market, i.e., Coinbase, MetaMask, Ledger, and Trezor. With the release of this “Kraken Wallet” the crypto exchange expands its services in self-custodial solutions. In most cases, it’s a third-party provider that operates traditional wallets. Kraken, on the other hand, enables its users to have full control over their digital assets. This approach of this crypto exchange complies…

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Understanding Bitcoin’s fourth Halving and its implications for the cryptocurrency market Crypto News: Bitcoin’s fourth halving is scheduled for April 20th. It is set to reshape the cryptocurrency market, just like it has done before. As we are all waiting for this event to happen, it is necessary to have in-depth knowledge of its effect on the cryptocurrency market. The event of Bitcoin Halving occurs every 4 years. With every subsequent halving cycle, the reward for miners diminishes for confirming transactions on the Bitcoin network. An effort like this serves to create an artificial shortage in the digital asset field.…

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Shiba Inu Coin, a popular meme coin, experienced a notable drop in its market value over the past 24-hours. At the time of writting, the price of Shiba Inu Coin is currently at $0.00002165, marking a 4.73% decrease in the past 24 hours. The cryptocurrency, inspired by a meme, continues its decline, breaking through key levels of support, indicating a downward trend.meme coin The meme coin Shiba Inu has experienced a notable dip recently, plummeting by 19% within the last 7 days. Its value has swung from $0.000028 down to $0.000019. This downturn is part of a larger 22% decrease…

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Over the past day, Chainlink’s price has demonstrated a series of fluctuations, showcasing a blend of bullish and bearish sentiments. The 24-hour trend indicates that the price initiated at a level higher than its current position experienced a dip to a lower level, underwent a partial recovery, and subsequently declined toward the end of the period. This succession of movements delineates an overall downward trend, with the price concluding lower compared to its initial value within 24 hours. Chainlink (LINK) 24-hour price chart (source: CoinMarketCap) During this period, LINK encountered notable price levels that delineate potential support and resistance zones.…

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In a surprising move, Ripple, the cryptocurrency giant, offloaded 100 million XRP tokens into a bearish market this past Sunday. The sale comes during a period of increased market volatility, with XRP prices experiencing a significant decline of 20.16% over the past 7 days, further sinking by 20.06% over the last 30-days. The current trading price stands at approximately $0.4845, marking a decrease of 1.21% in the last 24 hours. Ripple Puts 100 Million XRP Into A Sinking Market Amidst Recent Crash; Analyst Forecasts A Massive XRP Price Prediction https://t.co/barxhR4BfA — 🇳🇱 MackAttackXRP® 🇳🇱 67K-XRP-Followers (@MackAttackXRP) April 15, 2024 This…

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Read about what investors need to know as the ONDO price surges One of the cryptocurrency market’s most resilient and quickly expanding tokens is Ondo Finance’s (ONDO) token. In an otherwise bearish market, ONDO stands out as it has increased its value by an astounding 90% in only the last month. With Bitcoin halving coming up on April 20th, crypto investors are eager to explore alternative crypto coins such as ONDO to increase their crypto portfolio diversification At present, ONDO ranks 73rd in the list of crypto coins according to market capitalization. The altcoin’s market capitalization is approximately US$1.16 billion,…

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The Indian stock market, including major exchanges BSE and NSE, remains closed on Wednesday, 17th April 2024, in observance of Ram Navami, celebrating the birth anniversary of Lord Ram. Despite the pause, the anticipation around corporate earnings scheduled for release this week keeps investors engaged. Here’s a closer look at how the market performed yesterday and what investors can expect in terms of corporate earnings. Yesterday, the NIFTY 50 saw a decline, dropping 124.60 points to close at 22,147.90, marking a decrease of 0.56%. Similarly, the BSE SENSEX fell by 456.10 points, settling at 72,943.68, a decrease of 0.62%.…

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