In more stable regions, investment and speculation make the primary use case for Bitcoin. But in Turkey, the leading cryptocurrency has become something of a lifeline as the effects of economic panic begin to be felt. Bitcoin Trades for $100k on Turkish P2P Platforms The lira plummeted 14% against the dollar on Monday, triggering widespread…
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Key Uniswap Takeaways Uniswap (UNI/USD) surged on Wednesday but lacked the momentum to turn the upside move into a price rally. The move uphill appeared after the decentralized exchange unveiled a long-awaited network upgrade. No hints on gas-solving layer-2 solution left bulls wanting more upside cues. Uniswap climbed on Wednesday after the leading decentralized exchange…
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Non-fungible tokens (NFTs) are digital assets that represent a range of unique real-world and intangible things. In recent times, digital NFT artwork has really taken off, thanks mostly to a string of high-profile sales. The main selling point of NFTs is their scarcity. An implied benefit is that they will exist forever on the blockchain.…
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Key Bitcoin Takeaways Bitcoin reversed its short-term downside bias after Elon Musk introduced a new BTC payment option on Tesla online stores. Meanwhile, the US dollar index reached a fresh year-to-date after Jerome Powell’s congressional testimony on Tuesday. One researcher warned that any further strength in the US dollar market could force Bitcoin prices lower.…
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The derivatives exchange Bitget issued an official announcement that in order to meet the needs of more trading users and improve user experience, Bitget will officially launch USDT Unified Account and Quanto Swap Contract at the end of March. Several days ago, Bitget launched a new feature voting and set up a $100,000 prize pool…
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THETA started a strong increase from the $6.50 support zone against the TetherUS. The price is now up over 25% and it is likely to continue higher above $15.00. THETA started a strong rally above the $8.00 and $10.00 resistance levels against the TetherUS. The price is trading nicely above $12.00 and the 100 simple…
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Ethereum is struggling to recover above the $1,710 and $1,750 resistance levels against the US Dollar. ETH price is likely to continue lower if it fails to stay above the $1,650 support level. Ethereum is showing a few bearish signs below the $1,750 and $1,710 resistance levels. The price is currently trading well below $1,750…
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After some heightened exposure and interest that rallied behind SaTT integration with Binance Smart Chain and its deployment and listing on PancakeSwap, the blockchain-based advertising project is on another streak of accomplishing yet another novel milestone that signals its token listing on HitBTC with BTC & USDT pairs, one of the leading global crypto exchange.…
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Bitcoin price failed to correct above the $55,750 zone against the US Dollar. BTC is showing bearish signs and it remains at a risk of more losses below $54,000. Bitcoin failed to correct higher and it struggled to settle above $55,500. The price is now trading well below $55,500 and the 100 hourly simple moving…
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Litecoin during the last cycle was as popular and hyped as other top cryptocurrencies Bitcoin and Ethereum. This time around, however, the coin called digital silver isn’t performing anywhere nearly as well as its digital gold counterpart or even other altcoins. Whatever has been causing the lag behind the rest of the market, there are…
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