Bearish divergences and overbought conditions on the RSI are signals traders can look for when considering whether to close a position. A trade is profitable only if both the purchase and the sale are done at the right time. Many times, traders sell their positions too early and leave profits on the table or they …
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Tokenized Apple, Tesla and GameStop stocks have surpassed $1 million per day in trading on cryptocurrency exchanges Binance and FTX. Is tokenization of securities the way of the future? In an interview with Raiffeisen Bank International, the bankers leading its blockchain research hub stated that indeed, by 2030, most securities will have been tokenized. To …
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Cardano price is going from strength to strength as it reclaims $1.80 with the next stop looking like the psychologically all-important $2.0 mark. Cardano has suffered the least of the major altcoins in the wake of the May correction pain. The price nudged $1.88 today but has since given up some of those gains as …
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“Bitcoin $20,000 or $100,000 in 2021? Crypto Trend Is Upward,” wrote Bloomberg senior commodity strategist Mike McGlone. Despite a massive drawdown in May, the Bitcoin (BTC) bull market appears to be intact, with a $100,000 price target more likely than a retrace to $20,000, according to Mike McGlone, Bloomberg’s senior commodity strategist. $20K or $100K …
Regulatory hurdles and the economic impact of the pandemic have derailed some CBDC projects, but not all hope is lost. With the crypto market turning up its pace of growth over the last year and a half, the idea behind central bank digital currencies (CBDCs) seems to have gained an increasing amount of traction among …
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ROK Capital and the Solana Foundation have formed the Solana Eco Fund, aiming to spark a fire of Solana blockchain-based growth in Korea. Solana-related news has surfed a number of headlines in recent months. The blockchain now appears headed for major strides in Korea, with significant funding for its surrounding ecosystem. “As one of the …
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Miami is about to host thousands of attendees for the Bitcoin 2021 conference — here are some of the major appearances and talking points to watch for. From Thursday through Saturday, a throng of crypto faithful will gather at the Mana Wynwood Convention Center in Miami for the Bitcoin 2021 conference. Bitcoin 2021 perhaps holds …
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As the prices of some cryptocurrencies rebound, this is a great opportunity to buy at appealing entry prices. But note, you must consider your risk tolerance for digital assets investment before investing. Also, your familiarity with a cryptocurrency can help you select the coin wisely for investment. You can buy cryptocurrencies either as an investment …
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A unit of Standard Chartered PLC is set to launch a platform that will provide cryptocurrency exchange and brokerage services, targeting its institutional and corporate clients. The new exchange platform will be created through a partnership between SC Ventures and BC Technology Group, which manages OSL, a crypto exchange licensed in Hong Kong. SC Ventures …
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Ripple XRP has been on everyone’s lips for a while now. The asset has managed to stay afloat and hit new highs despite a legal case against its developers, Ripple Labs, by the Securities and Exchange Commission (SEC). In April the XRP price topped out at $1.82, marking a four-year high and showing that the …
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BCH Exhausts Energy – June 3The market worth of BCH/USD has been on over a time struggling to push northward for increment but it has not able to swing past the resistance of $800. The market now exhausts energy to upswing as price trades around $712 at a rate of 2.11% appreciation as of writing. …
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Former U.S. congressman Ron Paul says that he wants to legalize the dollar’s competition, including bitcoin, and let the people decide which money to use, not the government. “Freedom of choice will sort it out,” he said. Ron Paul Wants to Legalize Bitcoin as Money to Compete With Dollar Former presidential candidate Ron Paul discussed …
Apple co-founder Steve Wozniak has lost his lawsuit against Youtube over bitcoin giveaway scams using his name and image. The judge reportedly said that “Youtube and its parent, Google LLC, are protected by the federal law that shields internet platforms from responsibility for content posted by users.” Bitcoin Giveaway Scams Continue on Youtube as Steve …
On Wednesday, the U.S. Federal Reserve announced it would be winding down its corporate bond purchases and selling part of its portfolio. The central bank plans to start with exchange-traded funds and then move on to bonds as the Fed insists “sales will be gradual and orderly.” Federal Reserve Starts to Unwind QE All eyes …
Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s aggregate total-value locked (TVL) dropped to a …
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