Litecoin Market Hits Resistance at the Bearish Trend Line – March 20The trade operations between Litecoin and the US economy have concurrently featured in the descending triangular formation formed as the crypto market hits resistance at the bearish trend line. Price is currently trading between $118 and $112 at a percentage of 2.97 negatives. Market …
Monthly archives: March 2022
Fidelity Executive Says Crypto Markets Forming Setup Identical to Commodities Boom of 1990s
A top executive at Bitcoin custodial firm Fidelity Digital Assets Europe says that the crypto industry is mirroring the commodities boom of the 1990s. In a new interview with Real Vision founder and macro guru Raoul Pal, Christopher Tyrer says that crypto markets are setting up the same way commodities did decades ago. “People are …
6 Questions for John deVadoss of Neo and the Global Blockchain Business Council
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to John deVadoss, the head of development at Neo — an open-source blockchain development platform — and a governing board …
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Bitcoin eyes highest weekly close since early February as BTC price hovers under $42K
Bitcoin (BTC) stayed the near top of its recent trading range on March 20 as the weekly close looked set to crack a multi-week high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Weekly close could set 4-week high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maneuvering around the upper $41,000 zone Sunday. Friday’s late …
SXSW 2022 showcased immersive NFT experiences, lacking crypto and Bitcoin sessions
South by Southwest — commonly referred to as “South By” or “SXSW” — has returned to Austin, Texas this year to showcase the latest trends in interactive media, music, art, film and technology. While SXSW runs through March 20, 2022, the entertainment and technology festival kicked off its first weekend with a large focus on …
Top 5 cryptocurrencies to watch this week: BTC, LUNA, AVAX, ETC, EGLD
Bitcoin (BTC) rose above $42,000 on March 19 but the bulls continue to face a strong challenge from the bears at higher levels. Although Bitcoin’s price has recovered from $37,578 on March 13, Cointelegraph market analyst Marcel Pechman highlighted that the long-to-short net ratio of top traders across three major exchanges shows that professional traders …
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Dapper Labs and Flow Fdn. Dedicate $10M to Drive Web3 Gaming
Quick take: The Flow Foundation and Dapper labs have partnered to dedicate $10 million in USD and FLOW to support DApp builders in the NFT gaming industry The funds will be available for the next three months The top three projects will receive $100k in seed funding The Flow Foundation will soon announce a multi-million …
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Bitcoin (BTC) and Ethereum (ETH) Flashing Early Signs of Strong Bullish Reversals, Says Analyst Nicholas Merten
Widely followed crypto strategist Nicholas Merten says the charts are showing that Bitcoin (BTC) and Ethereum (ETH) are gearing up to end their four-month downtrends. In a new video, Merten tells his 513,000 YouTube subscribers that Bitcoin bulls have been keeping the market afloat since January as BTC repeatedly printed higher-low setups. “I want to …
Crypto Analyst Says One of Ethereum’s Main Rivals Appears Ready to Rally
A popular analyst has his eye on smart contract platform Avalanche (AVAX) and says that the Ethereum rival is looking ripe for a breakout. The pseudonymous analyst known as Pentoshi says that despite keeping his distance from altcoins for some time now, Avalanche may be showing all the right signs for a new bull run. …
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Tom Brady Admits He’s a Big Fan of Ethereum’s Vitalik Buterin
Quick take: Tom Brady has stated via Twitter that he is a big fan of Vitalik Buterin Mr. Brady’s tweet was made on the backdrop of Vitalik being trolled for appearing on the cover of Time Magazine’s recent NFT issue Social media trolls had compared Vitalik to Tom Brady, but not in a positive way …
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Op-ed: The transformative potential of tokenised assets
Recent years have widened the conversation around cryptocurrencies and NFTs and the awareness surrounding digital assets is growing in line with widespread adoption. At the same time, retail investors have flooded the many online trading platforms that are now available, wishing to participate in financial markets which had traditionally only allowed access to a limited …
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Venezuelan Minimum Monthly Wage Not Pegged to the Petro, According to Official Gazette Decree
The new decree that makes official the recently announced Venezuelan minimum monthly wage rise has been revealed in the Official Gazette, with no mention of its supposed peg to the petro, the national cryptocurrency. The law published mentions that the wage will be 130 VES, using the national fiat currency as a unit of account, …
Idea to Use Digital Ruble as Reserve Currency Circulated in Sanctioned Russia
A call to make the digital ruble a reserve currency has been issued in the State Duma, the lower house of Russia’s parliament. Meanwhile, concerns have been raised in the West that the new incarnation of the Russian fiat may be employed to evade sanctions that have been isolating the country. Digital Ruble to Serve …
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Metametaverse Secures $2 Million — Aims to Achieve Metaverse Interoperability
Metametaverse, a company whose purpose is the integration and interoperation of different metaverses, has already secured funding of $2 million for this idea. Joel Dietz, the founding father of this initiative and also from the uber-popular wallet Metamask, has stated this task might be achieved by building a common pool of assets and experiences through …
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Ethereum Price Prediction: ETH/USD Trade Rallies Closely to $3,000
Trade Rallies Closer to $3,000– March 20Several failed attempts had happened to keep the ETH/USD market below a critical support line at $2,500. The aftermath of that scenario has brought about making the crypto-economic trade rallies close to $3,000. The trading activity has witnessed a high of $2,965 and a low of $2,910 at a …
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