Photo: Unsplash.com Ripple price analysis keeps on displaying bearish indicators, with the price dropping another 4% to $0.75. The former support at $0.78 was broken earlier in the day, and the downward trajectory could bring the price further down to the next support at $0.70. But the latest downward trajectory could give a prime opening …
Ripple Price Analysis Shows Bearish Market Price Read More »
Bitcoin took a heavy fall with a 70% plummet from its peak in November 2021, wiping $2 trillion off the value of the entire cryptocurrency market. The past few weeks have seen the crypto asset trade at a tight range between $19,000 and $22,000 without any major catalyst to the upside, leaving traders guessing where …
Factors Needed to Bring Bitcoin to Bottom; Possible 30% Drop Read More »
Photo: Unsplash.com Terra developer Terraform Labs and the Luna Foundation Guard (LFG) have bought a total of $200 million worth of Avalanche ($AVAX) to boost the reserves of UST stablecoin by Terra. As per the Terraform Labs’ official announcement, it exchanged $100 million worth of its own token LUNA for AVAX to “strategically align ecosystem …
Terra Buys $200 Million Worth of $AVAX to Boost UST Stablecoin Reserve Read More »
Despite the volatility of the cryptocurrency market, many enthusiasts (especially Black people) believe it can become an alternative financial system. History has shown that people of color are always under-banked and discriminated against by traditional financial institutions. Research from the Federal Deposit Insurance Corporation supports this argument by reporting that low-income Black and Hispanic families …
Photo: Financial Express The crypto market crashing plunged many crypto assets, including Bitcoin and Ethereum. While crashes are typical, the most recent one saw billionaires lose their wealthy status, including Ethereum co-founder Vitalik Buterin, who took to social media to announce his loss. Buterin posted on Twitter on May 20 that he was no longer …
The crypto market crashing is nothing new in the space, but this year saw the market crash with significant losses in May. However, two days ago, the market saw another crash that saw popular digital assets fall significantly in value. All eyes have been on Bitcoin, the most popular of the bunch, as it continues …
The crypto market crash in May left a considerable impact that continues to be felt today as the top coins continue to fall. Bitcoin continues to take heavy hits, dropping further down than ever before. As of this writing, Bitcoin is selling at $24,677.65, down by 21.33% in the past seven days, with a market …
Bitcoin Continues Its Downward Spiral, Dropping to $24k Read More »
Photo: Unsplash.com Following months of volatility, crypto prices have finally shown indications of leveling and even recovery. According to InvestorPlace.com, the global cryptocurrency market cap exceeded $3 trillion in November 2021. However, by January 2022, it made a downturn to $1.5 trillion. Currently, the market cap stands at around $2.1 trillion. On the other hand, …
3 Cryptos to Look into After Their March Upswing Read More »
Photo: Reuters On Friday, the Russian rouble rebounded to its surging levels against the euro and dollar since June 2015 and March 2018, which analysts say is due to EU nations getting ready to pay Russia for gas and capital retaliations implemented by Moscow. According to Russia on Thursday, half of the gas behemoth Gazprom’s …
Rouble Hits High Levels Against Euro, With EU Getting Ready to Pay for Gas Read More »
Photo: News BTC The third wealthiest man in Mexico, Ricardo Salinas Pliego, has been making headlines for his outlook on bitcoin. The businessman is looking for supermarket chain Elektra to be the first-ever to take bitcoin as payment in the future. He has also been supporting the idea of digital asset investments over traditional ones. …
Third Wealthiest Mexican Says Bond Is Terrible, While Bitcoin Is a Yes Read More »
Photo: Crypto Daily Crypto and blockchain enthusiasts have finally met in person in Dubai after years of lockdowns for weeks of events. IoTeX members were there for several days of comprehensive speaking, meeting, networking, and exhibiting this MachineFi-focused and its visions. Several of those IoTeX associates saw each other for the first time – physically. …
IoTeX Shows Dubai Its Magnificent Service and Members Read More »
by Wes Bewley In the months and years ahead, it will become more and more important to secure passive investment incomes from multiple sources. No one can predict what will happen to stock and asset prices in the near or far future. We’re already starting to see inflation hit in the U.S., so everyone should …
Coin collectors earn income by trading all or a portion of their collections, sometimes for financial gain, sometimes to dispose of a collection, and sometimes to cover expenses. “Many coin collectors collect coins for the sheer pleasure of it. It’s possible to make money with coins as a business, but you have to learn about …
Source: Investment U The recent declines across cryptocurrencies have made some analysts express their concerns about near-term price direction ahead of the U.S. Federal Reserve Open Market Committee (FOMC) meeting. Market participants expect the central bank to hasten the speed at which people acquire assets, which could make some investors reduce their exposure to speculative …
Altcoins Underperform as Bitcoin Price Falls below $48,000 Read More »
Photo by Executium on Unsplash The cryptocurrency market experienced a roller-coaster week, with many coins recording gains or losses. This past Monday, one of the more notable performances was provided by DOGE/USD, which rose 25% over its prior valuation to become one of the only major cryptocurrencies that delivered positive returns on Thursday afternoon during …
Dogecoin Gains 25% After Elon Musk Confirms Tesla Will Accept DOGE for Merchandise Read More »
Source: Crypto Pro The crypto markets were in a bloodbath on Tuesday as macroeconomic factors, and technical signs played a major role in how things turned out. The Algorand, Avalanche, and Cosmos tokens were among the biggest losers in the hit on the crypto market. This came in the wake of some Asian stocks that …
Avalanche, Cosmos Lose in the Cryptocurrency Market as Altcoins’ Down Spiral Continues Read More »
Photo by Executium on Unsplash The Ethereum network implemented a major upgrade on Dec. 9 called Arrow Glacier which delays the launch of a feigned “difficulty bomb” and will impede further mining of its Ether (ETH) cryptocurrency for six months. Tim Beiko, coordinator of Ethereum’s protocol developers, said that “after the transition, the ‘bomb’ will …
Ethereum 2.0 Impedes the Onset of “Difficulty Bomb” Read More »
Photo by Maxim Hopman on Unsplash The Bitcoin price is dipping again. Analysts say that the current market structure of a large selling pressure mirrors early bull-market days right when BTC was at its height in 2017. The crypto markets tanked again on December 9th, but most analysts agree that the price of Bitcoin (BTC) …
Bitcoin’s Latest Price Reflects 2017 Pre-Breakout Market, Says Analysts Read More »
Photo: Nasdaq As 2022 approaches, Europe crypto-based exchange-traded products keep inflating. On the Swedish trading platform, twenty-one shares have been recorded in its first two physically-backed exchange trade notes (ETN) announced Tuesday by stock exchange giant Nasdaq Stockholm. Bitcoin (BTC) and Ether (ETH) both the most popular cryptocurrencies in existence today, have been adding to …
Bitcoin and Ether ETN Enlisted by Nasdaq Stockholm Read More »
Photo: ChainDebrief XTZ price is on fire. The recent news that Ubisoft’s new NFT platform will be built on the Tezos blockchain has ignite the rally. And XTZ prices are 50% higher now than they were before. Cryptocurrencies are on a hefty rise this year, with Bitcoin prices especially increasing. The emergence of DeFi and …
Photo: CNBC The price of Bitcoin continues its steady climb as the Wall Street open approaches, buoyed by punters who are still betting on another dip. Bitcoin (BTC) aimed to break $51,600 resistance throughout December 7 as BTC secured in line with a rebound in equities. “The trend is still up” for Bitcoin The largest …
