Decred Price(DCR)

The global cryptocurrency market cap now stands at $1.06T, down by -0.61% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $25,713 and $26,433 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $25,933, down by -0.83%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include DCR, LSK, and MLN, up by 24%, 13%, and 12%, respectively.Top stories of the day:Sam Bankman-Fried Can Contest Extra DOJ Charges, Bahamas Supreme Court SaysSEC Asks for More Time to Respond to Coinbase Call for Crypto Clarity Australia's Crypto Industry Body Denounces Recent Banking Restrictions on Cryptocurrency Bitcoin Cash Rises More Than 3% in 24 Hours U.S. Judge Rebuffs SEC Request for Binance.US Asset Freeze for NowBNB Recovers 5%, BTC Remains Calm At $26K After CPI Announcement (Market Watch) Market movers:ETH: $1745.1 (-0.37%)BNB: $247 (+3.96%)XRP: $0.5045 (-4.65%)ADA: $0.2733 (-3.02%)DOGE: $0.06178 (-0.23%)TRX: $0.07251 (+0.89%)MATIC: $0.6536 (+1.02%)SOL: $15.15 (-2.26%)LTC: $77.71 (-1.25%)DOT: $4.638 (-0.02%)Top gainers on Binance:DCR/BUSD (+24%)LSK/BUSD (+13%)MLN/BUSD (+12%)

Be[In]Crypto takes a look at the five cryptocurrencies that increased the most last week, more specifically, from Aug 5 to 12. These cryptocurrencies are: Celsius (CEL) : 93.59% Ankr (ANKR) : 50.59% Decred (DCR): 29.33% Near Protocol (NEAR) : 26.58% Nexo (NEXO) : 23.66% CEL CEL had been decreasing underneath a descending resistance line since Jan. 1. This downward movement led to a low of $0.09 on June 13. The price has been increasing since and managed to break out from its descending resistance line on the third try (red icons). The breakout occurred on Aug 8. Moreover, CEL reclaimed the $2.10 horizontal area. If the upward movement continues, the next closest resistance area would be at $3.45. CEL/USD Chart By TradingView ANKR ANKR has been gradually moving upwards since June 18. It created a higher low on Aug 10 and increased sharply the next day, leading to a high of $0.058. Despite this considerable increase, ANKR failed to reclaim the $0.0535 area, which is now acting as resistance (red icon). The area has previously provided support since June 2021 (green icons). So, ANKR has to reclaim this level in order for the bullish trend reversal to be confirmed. ANKR/USDT Chart By TradingView DCR Similarly to ANKR, DCR had been following a descending resistance line. So far, it has made four attempts at breaking out (red icons). Unlike ANKR, the price has yet to break out, creating long upper wicks and being rejected each time (red icons). Until it manages to break out, the trend cannot be considered bullish. DCR/USDT Chart By TradingView NEAR NEAR had been increasing inside an ascending parallel channel since June 18. It broke out from it on Aug 5 and returned to validate it as support two days later (green icon). Since then, NEAR has been increasing at an accelerated rate. If the upward movement continues, the next closest resistance area would be at $6.45. NEAR/USDT Chart By TradingView NEXO Similar to DCR, NEXO has been decreasing underneath a descending resistance line since the beginning of the year. Currently, it is making its fourth attempt at breaking out (red icons). The line also coincides with the $0.95 resistance area. If a breakout occurs, the next resistance would be at $1.17. NEXO/USDT Chart By TradingView For Be[in]Crypto’s latest Bitcoin (BTC) analysis, click here The post Ankr (ANKR) Nearly Doubles In Price In a Day: Biggest Weekly Gainers appeared first on BeInCrypto.

The Decred team has urged its users to upgrade to v1.7 at their soonest convenience. While announcing this latest development on Twitter, the team said the new version will enable 4 consensus votes and result in a hard fork should any of them pass. Furthermore, miners that didn’t upgrade by February 21, 2022 will have their rewards reduced to zero. Decred is a hybrid blockchain featuring both Proof of Work (PoW) and Proof of Stake (PoS). 60% of block rewards go to PoW Miners, 30% go to PoS ticket holders, and 10% of block rewards go to fund the team treasury.DCR, the native token of the Decred ecosystem, is down 1.17% so far today and is currently trading at $67.1.Source: Twitter