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In response to yet another interest rate hike, the U.S. dollar index rose by a record-breaking 3% over the week. The long-term parallel channel's top and resistance at 113 have both been reached by the DXY. The DXY's parabolic surge has drawn criticism from the crypto community.

From a long-term ascending parallel channel, Bitcoin has broken down. BTC is trading above the $27,800 Fib support level. RSI on a daily basis is bullish. The daily and weekly time frames of Bitcoin's (BTC) RSI have shifted from bearish to bullish, but the price movement has not yet caught up with this trend reversal.

The largest cryptocurrency order book aggregator in Latin America, BitPreço, announces the acquisition of the Biscoint exchange amid a consolidation tendency in the Brazilian sector. The platform intends to grow its business with the transaction and introduce new products including a Crypto Bank.

In BTCD, a triple bottom pattern has been formed. The weekly RSI is positive. Resistance exists at 48% and 52.30%. In both the weekly and daily timeframes, the Bitcoin Dominance Rate (BTCD) is trading at a convergence of support levels. The current support level is predicted to spark a bounce if the rising trend is to continue.

Legend for on-chain analysis According to Willy Woo, BTC has not yet hit a macro bottom. Three points are intended to support his thesis. Does this perspective conflict with other on-chain analytics metrics? According to Willy Woo, a renowned on-chain analyst in the cryptocurrency industry, such is the case. He posted a number of tweets today to support his assertion. These three factors suggest that Bitcoin has not yet achieved its bottom price.

A lengthy lowering resistance line has been overcome by ATOM. Resistance is there at $17.60 and $22. Short-term double top pattern produced by ATOM.

The artwork produced by a robot that won the art contest. The judges claim they were unaware that it was produced by AI. Many folks are experiencing a good ol' fashioned meltdown as a result of the issue going public.

The advancement of cryptocurrency since the introduction of bitcoin 13 years ago has been astounding. Almost every industry has been transformed by it, including music, real estate, art, and banking. Thanks to NFTs, people can now possess assets that can be authenticated. Additionally, the expansion gave rise to DeFi, which made it possible for people to lend and borrow assets in an easy and transparent manner.

Metaverse hustle: You don't need to put a lot of money into virtual worlds to generate a solid return. Even in a bad market, Tom McDermott from Metaprints offers some advice to get you started on the path to being a metaverse billionaire. Industry forecasts predict that the Metaverse and virtual reality gaming industries will produce more than $1 trillion in revenue by 2025.

The rate of growth in the cloud hosting sector keeps rising, and new technologies are becoming more fascinating and enjoyable. Examples of information stored and made available quickly on the cloud include Netflix, Spotify, and Instagram. Cloud gaming refers to the hosting and processing of video games on internet servers. We are going to talk about the top three cloud gaming services in 2022.

With the introduction of Solible Marketplace, the Solana ecosystem will be able to participate in the current NFT craze. The ecosystem's already quick expansion is accelerated by this, which is enabled by bitcoin exchange FTX. With the release of this information, the NFT mania is growing across all cryptocurrency platforms.

A former business partner has filed a $400 million lawsuit against Stake com. Any of the claims have been categorically refuted by the casino. Everton FC, which Stake com sponsors, also requested that it remove any graphics from its betting advertisements.

More money is spent on seven crypto billionaires than on the entire XRP market cap. Who are the crypto billionaires?

On L2 O, 1inch has now joined the likes of Uniswap and Synthetix. As infrastructure is tested, transition will take place in stages.

It appears that Andy Warhol is still relevant. 961 fragments of an original piece by the renowned artist, created in 1967, will go on sale. But this time, 961 individuals will be able to purchase an NFT piece of the artwork, as Andy Warhol NFT.

Youtuber Siraj Raval claims to have been able to mine $800 per month in ether (ETH) cryptocurrency using Tesla Model 3. However, other Tesla enthusiasts questioned the accuracy of Raval's claims.

After receiving $10 million in pre-seed funding, Real Vision CEO Raoul Pal has announced the founding of a Web3 tech company that aims to tokenize popular culture, and formed ScienceMagic.Studios.

BlockFi made modifications to its withdrawal and deposit rates. New deposit rates have been impacted by high Treasury Yields. One of the factors contributing to BlockFi's confidence in its innovative approach is its 100% uptime.

The BTC Fear & Greed Index succumbed to Fed chatter from Thursday. Today's market activity will be mostly influenced by US nonfarm payrolls.

Vitalik Buterin, the co-founder of Ethereum, hopes that Zcash, a privacy token, and Dogecoin, a popular meme coin, will migrate to the Proof-of-Stake (PoS) consensus mechanism.