Hong Kong is emerging as Asia's new crypto capital, accordin | The Crypto Basic on Binance Square

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Hong Kong is emerging as Asia's new crypto capital, according to Bloomberg analyst Andy Mukherjee.#Crypto #CryptoLandscape #CryptoOpportunities #CryptoNews🔒📰🚫 

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Leading crypto exchange Crypto.com is set to launch a promotional event for Shiba Inu, triggering a reaction from lead developer Shytoshi Kusama. Crypto.com is preparing to launch a promotional event enabling its users to earn SHIB by staking Cronos (CRO). The exchange quietly unveiled the offering in its Crypto Arena without issuing an official announcement. #shiba⚡ #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA

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In the daily chart, AKT‘s price action shows a bullish reversal, breaking multiple resistance levels. As the trend momentum grows, the uptrend has crossed the $4 psychological mark and aims for a new 52-week high. Will this bullish recovery manage to surpass the $6.82 mark in 2024? Let’s find out. Akash Network (AKT) Price Analysis The ongoing recovery run started from the $2.07 low and is currently trading at $4.2037. Notably, the token has seen an intraday gain of 10.92%. The ongoing bull run accounts for a massive gain of 103% over the last 16 days from $2.07 to $4.2613. The recovery rally has surpassed the 61.80% Fibonacci level at $4.09, revealing a massive bullish influence on the daily chart. The 50-day and 100-day EMAs are poised to give a bullish crossover. Furthermore, the MACD and signal line have surged significantly, intensifying the bullish histograms. Hence, the technical indicators cement a credible bullish trend with no divergences. As the bullish trend breaks a long-coming resistance trend line, the reversal rally in AKT price is now aiming for a new 52-week high. AKT’s price is approximately 38% below its 52-week high of $6.82, indicating room for growth in the ongoing recovery. #AKash #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewss

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