Bitcoin opened this week in negative territory as its price wobbled around a key support/resistance level of $57,000. The benchmark cryptocurrency was down 0.97 percent, trading for $57,639 ahead of the New York opening bell Monday. Its move downhill came as a part of a broader bearish correction that started after the price crossed $60,000…
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NFTs are changing the digital art scenario by enhancing its security and productivity. Several companies have joined the race to become the best NFT and launched their unique tokens in the market. Among these, TFT or The Famous Token, an innovative non-fungible token (NFT) platform, was also launched recently with some unique capabilities. As the…
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CoinMetro, the crypto-platform powering the future of finance, announced today that they’ve shattered their growth expectations, with revenue leaping 100x in March 2021 compared to March 2020. Buoyed by a strong crypto market, a vibrant community, and an ever-expanding product lineup, CoinMetro has more than doubled its revenue projections for Q1 2021, putting the Tallinn-based…
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The first quarter of 2021 brought many new exciting updates to the blockchain industry. Over a half-billion dollars worth of NFTs were transacted, nearly $50 billion was locked in various DeFi protocols, and mainstream adoption exploded with the likes of VISA, Tesla, and other institutions actively participating in the market. Without question, one of the…
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In an unexpected turn of events, XRP is the top-performing large-cap today. Over the last 24-hours, XRP has soared 16%, even spiking as high as $0.74 in the early hours of the European session. Analysis of the chart shows a definite uptrend suggesting that, despite the difficulties endured due to the U.S Securities and Exchange…
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BitTorrent turned alarmingly overvalued on Monday as its price popped higher by as much as 164 percent quarter-to-date. The BTT/USD exchange rate surged to $0.013, its highest level on record, after rallying seven days in a row. Every sell-off attempt met with an equally aggressive accumulation, prompting more and more traders to buy the Justin…
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New tokens and assets launch daily in the cryptocurrency space. Culling the wheat from the chaff can be difficult, as every new listing is a potential unicorn. Jigstack’s STAK token has potential as it provides passive revenue streams to all token holders. Exploring The Jigstack Ecosystem Whenever a new token launches, it is essential to…
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Ripple started a fresh rally above the $0.6000 resistance zone against the US Dollar. XRP price even broke $0.7000 and it seems like there are high chances of more upsides. Ripple gained strength after it broke the $0.5500 and $0.6000 resistance levels against the US dollar. The price is now trading nicely above $0.6500 and…
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Ethereum traded to a new all-time high at $2,140 before correcting lower against the US Dollar. ETH price is now holding gains above the $2,000 support zone. Ethereum is showing a lot of positive signs above the $2,000 support zone. The price is now well above the $2,000 support and the 100 hourly simple moving…
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Bitcoin price is currently facing resistance near $58,250 and $58,500 against the US Dollar. BTC could dip in the short-term, but the bulls are likely to remain active near $57,000. Bitcoin recovered above $57,500, but it is facing resistance near $58,250. The price is still trading well below $58,500 and the 100 hourly simple moving…
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