The crypto market experienced a sharp drop yesterday, liquidating many long positions. A lot of cryptocurrencies are approaching their long-term support levels, and it remains to be seen how bulls will defend them. Technical Analysis By Grizzly The Daily Chart On a daily time frame, XRP moves down inside a descending channel (in yellow). The intersection point of the channel’s midline with the horizontal support at $0.5 (in green) is a crucial level to monitor. If the bulls...
Read More »How Eric Taing Went from Real Estate Investments to Crypto Mining
Eng Taing is a real estate investor who loves making money. So much so that he’s now getting into crypto. Aside from putting his money into the housing market, he’s now established a new crypto mining firm consisting of about 261 machines. Eng Taing Has Set Up a Successful BTC Mining Firm In a recent article, Taing says that while crypto isn’t necessarily his first love, he sees the industry has a lot of potential. Thus, he wants to be in on the wealth secrets that the...
Read More »Bitcoin Price Analysis: BTC Collapses 10% in a Day, Here’s The Next Critical Support
Bitcoin has broken the $37K support to the downside as the price crashed more than 10% yesterday. This could trigger a bearish scenario towards the $30K demand zone. Technical Analysis By: Edris Daily Chart: Considering the current market structure, the 100-day and 50-day moving averages seem likely to chart a bearish cross in the next few days, further aggravating the selling pressure. On the other hand, if the price can close above the $37K level soon, the bearish...
Read More »Argentina’s Central Bank to Ban Local Institutions From Providing Crypto Services
The Central Bank of the Argentine Republic (BCRA) prohibited domestic financial institutions from facilitating crypto opportunities. The announcement comes a few days after two of the largest local banks – Banco Galicia and Brubank – revealed they will allow clients to purchase digital assets via their official websites. Argentina’s Central Bank Blocks the Crypto Offerings Earlier this week, the largest private bank in Argentina in terms of market value – Banco Galicia – and...
Read More »Cardano-based Metaverse Project Apexaverse Commences its AXV Private Sale
[PRESS RELEASE – Please Read Disclaimer] Apexaverse sits at the intersection of Play-to-Earn (P2E) 3D games, NFTs, and Web3 launches its private sale to early investors. The purpose of this sale is to raise funds to be able to develop key enablers beyond the combat game to offer the best experience for our users, community, and impact project investors. AXV token has already been listed on Cardanoassets, CardanoCube, Coincodex, Icoholder, and Coinmooner. Apexaverse’s AXV...
Read More »HOW TO PARTICIPATE ON HOSKINSEA SEED ROUND WHITELIST AS TOKEN SALE BEGINS
Its been barely two months since the inception of Hoskinsea NFT Marketplace of which we have made a convincing progress towards the development of our products and marketplace. At this moment we are working on several high-profile collaborations which will sharply increase the audience’s attention to our project as our community continues to grow every day at an accelerating rate! We just concluded our private sale with an amazing group of investors from which we...
Read More »LBank Weekly Listing Report, 5th May 2022
As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 5th May. For a more complete list please follow our twitter...
Read More »Cardiocoin (CRDC) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, May. 5, 2022 – LBank Exchange, a global digital asset trading platform, has listed Cardiocoin (CRDC) on May 4, 2022. For all users of LBank Exchange, the CRDC/USDT trading pair is now officially available for trading. Currently, smartphones and wearables alone are unable to prevent fake workout data from being generated, which hinders the process of offering incentives due to the risk of falsified and inaccurate data. To solve this issue, Cardio...
Read More »Beau Cat (BUC) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, May. 6, 2022 – LBank Exchange, a global digital asset trading platform, has listed Beau Cat (BUC) on May 6, 2022. For all users of LBank Exchange, the BUC/USDT trading pair is now officially available for trading. As a comprehensive beauty platform, Beau Cat (BUC) utilizes the power of blockchain to open up the future beauty market by simultaneously conducting non-face-to-face and face-to-face services. Its native token BUC has been listed on LBank...
Read More »Bitcoin Cash Analysis: Risk of More Losses Below $270
Bitcoin cash price started a fresh decline from the $300 resistance against the US Dollar. The price is now trading below the $280 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $281 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $270 support zone in the near term. Bitcoin cash price is struggling below $300 against the US...
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