Crypto news

The popular crypto trading platform, Bybit, has revealed that it has entered into a multi-year partnership with the Ukrainian esports organization, Natus Vincere (NAVI). Bybit Collaborates With NAVI According to a press release shared with CryptoPotato on Wednesday, the new partnership marks Bybit’s entrance into the esports space and will open up various opportunities for both parties. The two industries have gradually revolutionized the traditional financial and sporting...

ETH/USD – Ether Returns To 20-day MA Support Key Support Levels: $3000, $2960, $2890.Key Resistance Levels: $3170, $3360, $3540. After surging by almost 94% over the past three weeks, Ethereum has finally seen a meaningful retracement. The coin is now down by a total of around 8% since hitting $3350 at the start of the week. The cryptocurrency met resistance at $3350 (bearish .618 Fib) over the weekend and failed to establish momentum above that. There were signs of bearish...

[Press Release – Please see Disclaimer] Molecule, a decentralised biopharma marketplace, has developed a novel IP-to-NFT framework with Web3 technology innovator Nevermined. In a historic transaction, the first biopharma IPNFT was successfully transferred to research collective VitaDAO to fund novel longevity therapeutics at the University of Copenhagen. 18th August 2021, Basel, Switzerland — For the first time in history, NFTs are being used for a transfer of IP ownership...

ADA/USD – Market Retraces From Weekend Surge Key Support Levels: $1.87, $1.77, $1.68.Key Resistance Levels: $2.00, $2.10, $2.20. Despite dropping 6.5% today, ADA is still up 17% over the week. This is because it surged aggressively on Friday as it climbed from $1.85 to break $2.00 and hit $2.15. It continued on Saturday to reach as high as $2.28, where it finally rolled over. On Monday, ADA dropped from $2.20 to hit $2.08, and it continued further yesterday as it fell beneath...

The President of the Federal Reserve Bank of Minneapolis – Neel Kashkari – opined quite negatively on the crypto industry and especially bitcoin. He referred to many digital assets as “garbage” and claimed they are “complete Ponzi schemes.” Kashkari’s Hostile Stance on Crypto During an appearance at the Pacific NorthWest Economic Region annual summit in Big Sky, Mont., the President of the Federal Reserve Bank of Minneapolis – Neel Kashkari – heavily criticized bitcoin and...

18th August 2021 Malta: QuickX is known for having strategic partnerships with the leading names of the crypto industry. Starting from Tangem to Simplex to Coinomi to Margin and the list goes on and on. Now QuickX’s CNexchange has recently partnered with Mercuryo. With Mercuryo, the users of CNexchange get an additional option to buy cryptocurrency from. Prior to this, CNexchange had already embedded two options to buy cryptocurrency from, namely Simplex and MoonPay....

Paris Saint-Germain have signed an exclusive three-year regional partnership agreement with www.Playbetr.com, one of Latin America’s leading online betting providers. The Parisian club is now one of the most popular clubs in Latin America, particularly in Brazil, which is the home country of many of its former and current players. Playbetr will thus benefit from the ever-increasing popularity of one of the world’s most influential sports clubs in Latin America and will...

The number of cryptocurrency-related companies aiming to go public continues to increase, with the latest example being Iris Energy Pty. The firm, focused on green Bitcoin mining, has filed with US regulators for a direct listing on Nasdaq this year. Based in Sydney, Australia, Iris Energy is a Bitcoin mining firm that “owns and operates real assets, including data center infrastructure, powered by renewable energy.” According to a press release dated August 18th, the company...

The bears have returned to the crypto market and have pushed bitcoin south to around $45,000. The alternative coins, which flew high recently, have struggled even more. ETH is close to breaking below $3,000, ADA is just above $2, and BNB is down to $400. Bitcoin Dropped to $44.5K Ever since the Saturday retracement in which bitcoin dropped below $46,000, the cryptocurrency’s price performance seemed rather healthy. In fact, BTC jumped and touched $48,000 on Sunday for the...

BTC’s weekly close above the 21-week and 200-day moving averages flashed the largest technical buy signal since April 2020, marking a major step forward for potential bull market continuation. Although this is a very bullish signal for BTC, it is important to see follow-through higher in the weeks ahead to validate it. Chart by TradingViewThere has been a bearish divergence forming on the 4-hour and daily BTC chart for over a week, signaling near-term caution on the...