Bitcoin price extended its decline and tested the $53,000 zone against the US Dollar. BTC is correcting higher, but it is facing a lot of hurdles near $55,000 and $56,000. Bitcoin remained in a short-term bearish zone and it extended its decline to $53,000. The price is now trading well below the $56,000 level and…
Details
Fine arts dealer Sotheby’s is now accepting Bitcoin and Ether as payment methods. The first offering to test the response is Banksy’s Love is in the Air, which depicts a masked man throwing flowers. This is made possible by partnering with Coinbase, which has set up a bespoke solution to enable this. Stefan Pepe, Sotheby’s…
Details
XRP has picked bullish momentum in the 1-hour chart with a 4.7% increase. Higher timeframes seem equally bullish with the weekly and monthly chart recording a 7.8% and 154% rally, respectively. XRP retraces in the daily chart. Source: XRPUSDT Tradingview XRP price performance has recovered since the start of 2021 when the token experienced a…
Details
Litecoin goes against the general market sentiment with a 24.5% and 57% rally in the higher timeframes. At the time of writing, LTC trades at $316 with 4.8% profits in the daily chart. LTC on the offensive towards new highs in the daily chart. Source: LTCUSDT Tradingview Anonymous trader Julio_LTC has set support for LTC…
Details
After a few days below the mid-range in the $50,000 zone, Bitcoin has retraced. At the time of writing, BTC trades at $54,137 with sideways movement in the 1-hour chart, approaching correction levels in the 24-hour chart. Certain indicators point to more depreciation, at least, in the short term. BTC with moderate losses in the…
Details
Litecoin is cleared for takeoff after a brutal downtrend against Bitcoin and the dollar. Could the cryptocurrency known as digital silver be the next altcoin to pop like Ethereum, Dogecoin, and the rest of the pack? Here’s a closer look at the technical signals suggesting a change in the tides is here – a reversal…
Details
The NFT industry is firing on all cylinders as more major brands are exploring digital collectibles. The latest franchise to embrace Non-Fungible Tokens is Star Was. Over 800 limited edition collectibles will be issued as NFTs with the help of StarColl. The NFT Industry Continues To Grow It is interesting to note the ongoing growth…
Details
For the last few days, Ethereum has been adding incredible returns for investors. According to CoinMarketCap, on Monday, ETH added over 16% pushing the coin to a new record of slightly over $3,450. At the time of writing, the coin was trading at around $3,470, a gain of 9.43% over the last 24 hours. Ethereum…
Details
In a bid to wake people to the dangers of Modern Monetary Theory (MMT), a message that read “printing money is stealing from the poor,” accompanied by a Bitcoin symbol, was projected on the Bank of England (BoE) building. The incident has highlighted the disconnect between economic policy and cryptocurrency in general. With alarm bells…
Details
Web3 ecosystem is in the nascent stage and evolving continuously with cutting-edge products and more innovators taking a keen interest in exploring blockchain in general. But, when we talk about web3 adoption at scale, it somehow fails due to some significant hurdles faced by many. For starters, if you’re a new entrant exploring the Dapps…
Details
