Binance coin’s price chart shows that a trend has emerged and the altcoin may be consolidating. The price has dropped to the $485 level and below the $500 level, Binance coin is undervalued based on the on-chain metrics. For traders who missed Binance Coin’s price rally, and the 125% return in less than a month,…
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Cardano needed to rise above $1.23 resistance to regain some form of bullish control. Aave attempted a comeback above $372.8-resistance, while Dogecoin moved within a symmetrical triangle but a breakout would largely depend on broader market cues. Cardano [ADA] Prior to the sharp pullback seen over the last few sessions, Cardano made three lower peaks…
The EOS price saw a 30% depreciation in the early hours of 18 April due to the dip in the Bitcoin market. The falling price has changed the dominant trend in the market and has given rise to a level of bearishness that could further push the value of the altcoin lower. At the time…
After Bitcoin retraced by 12% in the last 24 hours and fell below multiple support levels, bearish sentiment spilled over to the broader altcoin market and panic selling was seen across the board. Ethereum dipped below $2,085-support but a comeback was expected before the 200-SMA (around 1,940). Elrond was projected to drop towards $157.7, while…
The DeFi tide in South Asia ascended even further as XRP stepped into its territory. XRP’s DeFi integration with Wanchain, a blockchain interoperability platform, could turn the tables and prove to be a game-changer in the crypto space. The cross-chain platform, Wanchain, connects isolated public and private blockchains and facilitates the transfer of assets by hosting…
The text below is an advertorial article that was not written by Cryptonews.com journalists. Unless you’ve been living under a rock, you’ll know that Bitcoin has grown at an unbelievable rate over the last year. It recently hit a new peak of over 64,000 USD for a single BTC, rising by 63%, in the first…
Master Snooker by DinizBr ArtW. Are non-fungible tokens (NFTs) one-trick ponies? They’ve certainly taken the art and digital collectible world by storm, raising millions of dollars for a handful of high-profile artists and (mostly) the NBA, but what else can they do? Well, given that the NFT is essentially a technical standard for creating and…
The Franklin Delano Roosevelt Memorial in Washington. Mary O'Sullivan, Professor of Economic History, Université de Genève. ___ At the start of the COVID-19 pandemic in March 2020, US Federal Reserve System governor Jerome Powell made an extraordinary declaration: “We’re not going to run out of ammunition.” The central bank stood ready to take any action
USD 9.9bn worth of trading positions in the crypto derivatives market were liquidated in the past 24 hours as the crypto market experienced a sharp selloff on Sunday. More than USD 5bn of them are positions in bitcoin (BTC). Total liquidations: At around 03:00 UTC, BTC dropped from USD 59,000 to below USD 53,000, or…
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Major Australian fintech, 'buy-now-pay-later' company Zip Co. is looking at expanding into crypto and stock trading, reported the Wall Street Journal, citing co-founder Peter Gray. Zip may offer the services