Ethereum failed to surpass $2,600 and started a fresh decline against the US Dollar. ETH price is holding the $2,400 support, but it is likely to face sellers near $2,550. Ethereum made two attempts to gain strength above $2,625, but failed. The price is now trading well below $2,550 and the 100 hourly simple moving…
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Does Coinbase’s mild direct listing performance have emerging crypto platforms thinking twice about going public? The latest comments from major cryptocurrency exchange Kraken might be suggesting so. In an interview with CNBC earlier this year, Kraken CEO Jesse Powell shared that the company was considering going public via a direct listing in 2022. Coinbase went…
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Bitcoin price extended its upward move above the $37,500 resistance against the US Dollar. BTC failed to clear $38,500 and it is now correcting lower. Bitcoin traded above $38,000, but it failed to continue higher above $38,500. The price is currently well above $35,000 and the 100 hourly simple moving average. There was a break…
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The U.S. Securities and Exchange Commission (SEC) has issued yet another cautionary bulletin for Bitcoin investors. Specifically, the Commission has warned about the dangers for BTC futures traders and has asked them to “weigh carefully the potential risks and benefits of the investment”. The bulletin called “Funds Trading in Bitcoin Futures” is part of a…
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The crypto market is in full fledged fear for the longest phase in more than a year, coinciding with a massive Bitcoin drop of more than 50%. The once trending cryptocurrency has yet to recover, leaving the market and participants in a state of extreme fear. But past data shows, fear is often a good…
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Bitcoin trades at $36,786 and records profits in the 7-day chart, after two consecutive weeks of losses. In the 30-day chart, BTC still has a 32.3% loss. The price action painfully moves higher in the current range, but without conviction from the bulls. BTC trends downwards in the daily chart. Source: BTCUSD Tradingview The crypto…
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NFTs are a thing of beauty (sometimes), and sometimes they are just downright weird. But they are collectible, and they are definitely having more than a moment. NFTs have grabbed the headlines with celebrities releasing their collections, from “The Mohammed Ali Collection”, to Tony Hawk and then prominent artists like Banksy and Beeple whose work…
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Proof-of-Work (PoW) cryptocurrency mining has been the subject of bad press in recent times. Critics argue that excessive energy consumption, and its use of fossil fuels, are wasteful and causing irreparable damage to the environment. But, UK-based entrepreneur Josh Riddett hopes to change that with his renewable energy business, which turns cow dung into energy…
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XinFin Network (XDC) is the most prominent, and fast-growing ecosystem. XinFin Network’s XRC20 based token standard now has the support of the biometrics hardware wallet, D’CENT. In a recent tweet, D’CENT wallet confirmed its support for the XRC20 token, StorX Network (SRX). We are excited to announce a new partnership with @StorXNetwork and to support…
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Upgrade supports new user sign up perks, an enhanced referral program, and up to 5% APR on DOT / BNB tokens Amber Group, the leading crypto trading and technology firm, announced new user perks and an enhanced referral program on its popular crypto finance mobile app – Amber App. Starting today, qualified new users are…
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