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Raze Network Announces Partnership with UNION

[PRESS RELEASE – Please Read Disclaimer] Today, we are excited to let you know Raze Network partners with UNION, a technology platform that combines bundled protection and a liquid secondary market with a multi-token model. Under the UNION system, DeFi participants are able to manage their multi-layer risks across smart contracts and protocols in one scalable system. UNION also aims to decrease the entry barriers for retail users and lays the foundation for institutional...

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Bitcoin Price Analysis: Losing $4K in 24 Hours, Can BTC Hold the Critical Support Area?

Bitcoin fell by a sharp 4% so far today as it dropped as low as $55,600. The cryptocurrency had started the month with another attempt to breach the $60,000 benchmark level. Unfortunately, it was unable to overcome this resistance through the week as it set a range between $60,000 and $57,000. Today’s price drop caused bitcoin to break beneath this range as mentioned above. As of writing these lines, and as seen on the following 4-hour chart, it is currently holding the...

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Demand for Bitcoin Increases Despite Regulatory Restrictions: Goldman Sachs CEO

The existing regulatory framework around cryptocurrency restricts Goldman Sachs from implementing its projects covering digital currencies, said the bank’s CEO, David Solomon. He added that customer demand has skyrocketed in recent months, which is the reason behind GS’s proactive crypto approach. US Rules Bring Challenges for Institutions Engaging with BTC Founded in 1869, Goldman Sachs is a giant US multinational investment bank that has displayed a somewhat controversial...

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$1.8 Billion Longs Liquidated in a Day as Bitcoin Price Dips Below $56K

The bears had the upper hand in today’s trading session as markets are red across the board. Bitcoin’s price dipped to $55,600, causing a serious number of liquidated long positions. Bitcoin’s price took a turn for the worst today and declined from an intraday high of around $58,600 to a low of $55,600, losing $3,000 from its dollar value. At the time of this writing, the price hovers indecisively around $56,000. BTC/USD. Source: TradingViewThe entire cryptocurrency market...

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CryptX Terminal Rolls Out Smart Trading Bots

[PRESS RELEASE – Please Read Disclaimer] With the recent launch of CryptX Terminal, the company’s newest crypto product, Bolkvadze spoke about the advantages of using automated trading strategies, especially now when the market is fluctuating from moment to moment. “More than ever, it’s essential to be able to follow price trends and quickly execute trades at any time of day or night.” He also noted that the Arbitrage bot has been the most popular tool from the outset....

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Seven Time Super Bowl Champion Tom Brady to Release an NFT Platform

One of the most successful sportspersons, Tom Brady, looks to take advantage of the growing mania of non-fungible tokens. The legendary quarterback has announced intentions to release his own NFT platform called Autograph.  The 43-year-old Brady is arguable the most successful American football player with a mind-blowing record as a seven-time Super Bowl champion.  According to a CNN coverage, the quarterback has set his sights on perhaps the most quickly growing in...

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Tron (TRX) Price Analysis: Rally Stable Above $0.10

Tron price started a fresh rally from the $0.0800 support zone against the US Dollar. TRX price is now trading above the $0.1000 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.1050 on the 4-hours chart (data feed via Bitfinex). The pair is likely to resume higher if it clears the $0.1300 and $0.1420 resistance levels in the near term. TRON price is trading in a positive zone above $0.1000 against the US...

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Bitcoin Price Analysis: BTC Approaching Crucial Break

Bitcoin price failed to clear the $60,000 resistance and corrected lower against the US Dollar. The price is now trading below the $58,500 support and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $58,650 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a strong rally if there is a clear break above the $58,650 and $58,800 resistance levels. Bitcoin price is trading in a...

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BlackRock Is Now “Dabbling” in Crypto Futures

Asset manager BlackRock says it has made more than $350,000 in bitcoin futures over the past three months. The company has been dabbling in such futures since January and has garnered a pretty profit in return. BlackRock Is Beginning to Make Money On BTC Futures As it stands, two funds associated with BlackRock have permission to invest in crypto futures according to documentation brought forth by the Securities and Exchange Commission (SEC). At the time of writing,...

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After Bitcoin and Ethereum, CoinShares Launched a Physically-Backed Litecoin ETP

After releasing physically-backed exchange-traded products tracking the performance of Bitcoin (BTC) and Ethereum (ETH) earlier this year, CoinShares has expanded its portfolio with the addition of a Litecoin ETP. Litecoin ETP Arrives from CoinShares According to an announcement from April 6th, CoinShares has released another exchange-traded product tracking the performance of a cryptocurrency asset called CoinShares Physical Litecoin. The company revealed that the base fee...

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