Litecoin Begins a Rally– May 25The LTC/USD market begins a rally after seeing a significant drop in its values over a couple of days’ trading sessions recently. Meanwhile, the crypto market hasn’t intensified much-required efforts to capitalize on the rallying motion over some last hours until now as price trades around $174 at a rate …
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China has reignited plans of cracking down on Bitcoin mining and trading within its borders Bitcoin has dipped from $41k to a local low of $36,600 due to the news China’s government had announced and initiated a similar crackdown in 2018 which officially kicked off the bear market then The Chinese government has once again …
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Ethereum could reclaim $3.2k to $3.5k in the short term This price target is reliant on Ethereum breaking the $3k ceiling Ethereum’s 50-day moving average is also acting as a resistance at the $3k price area The London Upgrade in July could assist Ethereum in rallying back to $4k Ethereum (ETH) could reclaim the $3,200 …
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Since well before the onset of Covid-19, the U.S. Federal Reserve had initiated monetary easing policies and from then on, the M1 Money Stock supply skyrocketed to levels never-before-seen in history. This weekend reports disclosed that the Fed has started to taper quantitative easing (QE) when it removed $351 billion from the market last week. …
PRESS RELEASE. Realm, a new NFT microverse platform, has closed its first investment round at $2.25M led by Alphabit with strategic investments from NGC, Genesis Block Ventures, LD Capital, Moonrock, and SL2 amongst other funds. Realm aims to challenge the current NFT platforms by offering creators and players a personalised metaverse aptly dubbed a “microverse”. …
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After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on the panic sellers. Meanwhile, when bitcoin prices plunged, the number of bitcoin addresses in accumulation tapped an all-time high at 545,115 addresses. Number of Bitcoin Accumulation Addresses Hit New Highs Bitcoin (BTC) prices slid from …
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On Monday, the crypto asset fund manager One River filed a unique bitcoin exchange-traded fund (ETF) registration with the U.S. Securities and Exchange Commission (SEC). According to the Form S-1 filed, One River wants to list a carbon-neutral bitcoin ETF on the New York Stock Exchange (NYSE). One River’s Bitcoin ETF Aims to Provide a …
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Between strict capital controls and regulations, Korea’s cryptocurrency industry is so closed off that Bitcoin commands a steep premium and DeFi is in its infancy. On a day in which Bitcoin crashed briefly to $30,000 in a rampant bear market, the leading cryptocurrency never got anywhere close to that on Korean exchanges. The so-called “kimchi …
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The best traders keep a sharp eye on an asset’s momentum. Here’s why the RSI and moving averages are the perfect indicators for this task. Technical analysis, the study of chart patterns, is a tool that helps traders increase their edge over others. This is done by keeping the trader on the right side of …
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White House officials are believed to be examining existing rules around cryptocurrencies and whether new restrictions are needed to protect investors from massive drawdowns like we saw last week. Officials within the Biden administration are reportedly studying “gaps” in cryptocurrency regulations following the latest bout of volatility in the market, sending a signal that new …
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Airtm is aiming to solve a myriad of financial challenges in Latin America tied to last-mile remittance, affordability and equitable access to the global banking system. Airtm, a Mexico City-based digital wallet and exchange operator, has received $15 million in funding from the Stellar Development Foundation, or SDF, as it seeks to expand financial services …
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The year 2020 was a year of boom for industries adopting cryptocurrency payments, most especially Bitcoin. For instance, in the latter part of 2020, the renowned Payment system, Paypal made an announcement that it was going to incorporate Bitcoin into its array of products. Blockchain technology is steadily taking over various industries in the world, …
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ETH Ethereum has continued its relentless charge with the coin blasting above the $3,600 level and then $4,000. As of Monday morning, ETH trades around the $4,188 level. ETH Price Index It’s no coincidence that Bitcoin has toiled this week as the coin came close to $60k but is not seeing the flows of early-2021. …
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People buy Litecoins and Bitcoins not only for trading but for placing bets on the 22Bet sportsbook or traveling. Want to familiarize yourself with cryptocurrencies? Use these platforms. TradingView TradingView is one of the most popular platforms allowing traders to share their market forecasts and make accurate technical analysis. The main advantage of the service are …
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Although many people still do not know all the crypto market’s intricacies, most of us understand its basic concept. Most people know that it involves trading, like all the other currencies in the world, however, some aspects connected with Bitcoin and other cryptocurrencies make it look more like an investment or gambling. Here is what …
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