After 80% correction since reaching its ATH, positive news about Shiba is popping and might cause a trend reversal. However, the SHIB price is facing challenges from a technical standpoint on its way up. The Daily Chart Technical Analysis by Grizzly On the daily timeframe, Shiba Inu’s SHIB is trading inside a falling wedge, which is a textbook bullish reversal pattern. The wedge was tested its upper boundary several times over the past month. The price is currently struggling...
Read More »Phemex Organizes Trading Rebate Rewards With $2 Million Prize Pools
[PRESS RELEASE – Please Read Disclaimer] Phemex, one of the most efficient crypto trading platforms, is hosting another grand trading competition, Trading Rebate Rewards event, with a massive prize pool. You are invited to join the event to claim your slice of a whopping $2 million reward supply. The competition lasts four weeks, and you can register to join ahead of time to participate in the weekly missions where you can complete to double, triple, or even 5X your potential...
Read More »Bitcoin-Friendly Portugal a Perferred Destination for Ukrainian Refugees
The count of citizens leaving their homeland in Ukraine because of the ongoing war with Russia continues to increase. Estimates from various sources put the number anywhere between 2.5 and 4 million. Data from CBS News points at roughly 3 million people leaving Ukraine. Another report hints that Portugal is shaping as a preferred destination for a range of reasons, one of which being the crypto-friendly policies of the country. Ukrainians Seeking Refuge in Portugal A recent...
Read More »Cardano Price Analysis: ADA Soars 12% in a Week, What’s the Next Target?
After recording an all-time high at $3.10, Cardano entered into a correction that’s ongoing for 200 days so far. Meanwhile, bad news, such as delisting from the eToro exchange, has become a catalyst for further price retracement. Despite the rumors of burn mechanism rollout, there is no significant reaction. Technical Analysis by Grizzly The Daily Chart: Source: TradingViewOn the daily timeframe, ADA is trading in a descending channel (marked by yellow). During the downtrend,...
Read More »The Mind-Blowing ROI of Minting and Holding a Bored Ape NFT From the Beginning
Bored Ape Yacht Club NFT collection made headlines recently with several bombshell revelations – from the purchase of the iconic CryptoPunks to the release of the ApeCoin. The launch of the APE token was as volatile as one might expect as the cryptocurrency dropped to a low of around $6 and is currently trading around $11. With everything that’s going on with the BAYC ecosystem, we decided to see what’s the approximate ROI of minting and holding just one Bored Ape NFT (and...
Read More »Litedex Protocol, the First DEX in Indonesia Supported by Deputy Minister of Trade as a Meta Finance Blockchain Developer, to be Listed on LBank
INTERNET CITY, DUBAI, Mar. 18, 2022 – LBank Exchange, a global digital asset trading platform, will list Litedex (LDX) on March 23, 2022. For all users of LBank Exchange, the LDX/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 23, 2022. Decentralized Exchange (DEX) Protocol is a blockchain based financial system which designed to provide an open financial service that are transparent without intermediaries, permissions and available...
Read More »Ripple Facing Critical Resistance, Failure Could Send XRP Below $0.7 (Price Analysis)
Ripple has been in a downward trend over the past eleven months. This comes shortly after topping at almost $2. Despite this week’s green candle so far, the daily candles have not shown any strength. The Daily Chart Technical Analysis By Grizzly Ripple is trading below the EMA200 line (marked by white) on the daily timeframe, which has provided resistance for the recent months, and currently lies at $0.85. Going forward, the primary key level is the static resistance at $1...
Read More »LBank Exchange Will List Triverse (TVER) on March 21, 2022
INTERNET CITY, DUBAI, Mar. 17, 2022 – LBank Exchange, a global digital asset trading platform, will list Triverse (TVER) on March 21, 2022. For all users of LBank Exchange, the TVER/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on March 21, 2022. The world is changing rapidly while reality is blending into the digital world, those who make the first move and stand at the apex of the new world will be renowned as the winner. To be a pioneer...
Read More »FTX CEO Frustrated With Allegations About Russians Using Crypto to Bypass Sanctions
With the start of the war between Russia and Ukraine, cryptocurrencies have taken a few roles, being sent as donations to aid the attacked nation but also in speculations that Russian oligarchs used such assets to bypass sanctions. However, community insiders continue to refute these allegations, and the latest to do so was FTX’s founder – Sam Bankman-Fried. SBF’s Frustration It’s been almost a month since Russia launched its “special military operation” against its Eastern...
Read More »Sebastien Vachon-Desjardins to Face Trial in U.S. for Crypto Ransomware Scheme
A Canadian government employee thought to be involved in a series of crypto-related ransomware attacks has been extradited to the United States to face judgement. Sebastien Vachon-Desjardins – who worked as an IT consultant for Public Works and Government Services in Canada – is believed to have carried out attacks that led to approximately $28 billion in bitcoin being paid out by targeted individuals and enterprises throughout the Americas. Vachon-Desjardins Will Face...
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