Bitcoin has endured a terrible plunge. The world’s number one digital currency by market cap – which was trading in the mid-$50,000 range over the past few days – has dropped dramatically and at the time of writing, is selling for just over $49,000, constituting a slip of approximately 17 percent. Bitcoin Has Crashed Again The drop occurred over a 24-hour period, spanning from around Friday morning to early Saturday. The currency has also caused other digital assets to...
Read More »Bitcoin Price Analysis: BTC Recovery Above $50K Stalls, More Pain Ahead?
Choppy price action and indecisiveness – this is how we can summarize the past couple of days on the cryptocurrency market. In our last BTC price analysis, we examined if whether or not $69K was the cycle’s top following the vicious corrections, and now, we take a closer look into how the market is developing from a technical and on-chain perspective. Options Market Analysis This Friday, December 10, about $946 million worth of bitcoin options contracts will expire in...
Read More »LBank Exchange Will List 4JNET on December 9, 2021
INTERNET CITY, DUBAI, Dec. 8, 2021 – LBank Exchange, a global digital asset trading platform, will list 4JNET tokens on December 9, 2021. For all users of LBank Exchange, the 4JNET/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on December 9, 2021. There is no doubt that metaverse is one of the concepts that has drawn the most attention recently, almost everyone is aware of and talking about it. 4JNET token will be listed on LBank Exchange at...
Read More »LBank Exchange Will List Lovely Inu (LOVELY) on December 13, 2021
INTERNET CITY, DUBAI, Dec. 8, 2021 – LBank Exchange, a global digital asset trading platform, will list Lovely Inu (LOVELY) token on December 13, 2021. For all users of LBank Exchange, the LOVELY/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on December 13, 2021. Meme tokens have caught a widespread popular attention in crypto world alongside other major projects in recent years. As a meme token built on BSC network, Lovely Inu (LOVELY) is...
Read More »Solana Price Analysis: SOL Holds Above Critical Support, is Reversal in Play?
Key Support levels: $187, $170 Key Resistance level: $204 SOL managed to find good support on the $187 level, which may provide some hope when it comes to halting the downtrend. The current resistance sits at $204, and it may take longer for SOL to attempt to breach above it. Ever since the cryptocurrency made the all-time high at $260, the price has charted lower lows and lower highs, putting SOL in a clear downtrend. Until this is reversed, the bears remain in control....
Read More »Pantera Capital CEO: Bitcoin Is Not a Ponzi Scheme, Bond Markets Are
Dan Morehead – Chief Executive Officer of Pantera Capital – said the controversial monetary policies, which the US government enforced, could create bubbles in the financial system. In his view, bond markets “manipulated” by the Fed are the real Ponzi Schemes and not bitcoin. The Danger Comes From The Fed; not Crypto In a recent interview for Bloomberg, Dan Morehead – Founder and CEO of Pantera Capital – warned that investors dealing with bonds “are going to get absolutely...
Read More »3Space Art Announces the Launch of Its Innovative NFT Platform
[PRESS RELEASE – Singapore, Singapore, 7th December 2021] 3Space Art is thrilled to announce the official launch of its groundbreaking NFT platform that facilitates widespread use of digital art in the real world by placing it in physical spaces. It gives artists and collectors the opportunity to showcase their collections not just online but also in offline events and exhibitions. Non-fungible tokens (NFTs) have witnessed a strong growth in demand in the last couple of...
Read More »Ape Fund’s Social Exclusive Platform for Token Holders Is Live
[PRESS RELEASE – Please Read Disclaimer] The decentralized nature of bitcoin, which was later inherited by most cryptocurrency protocols, has propelled industry insiders to continuously think about how they can further allow users to have greater power on making decisions and participating in networks’ development. This trend has gone from monetary systems to smart contract operations with the inclusion of staking tokens, and now a new wave of social tokens has emerged to...
Read More »ADABoy Introduces High ADA Rewards on the Binance Smart Chain
ADABoy Token launched on Binance Smart Chain with high ADA rewards for its users. As part of their advanced Ecosystem ADABoy is proud to announce their approach to becoming the ‘Tinder of Crypto’ as they create CryptoMatch. Building on the success of the ADA hype and powered by a finely tuned contract ADABoy at its core is a frictionless yield token which heavily rewards holders in ADA reflections. The CryptoMatch cleverly allows users to select what traits they are...
Read More »Tron (TRX) Price Analysis: Bulls Face Uphill Task Near $0.1
Tron price started a recovery wave above $0.0880 against the US Dollar. TRX price is now trading below $0.1000 and near the 55 simple moving average (4-hours). There was a break above a short-term declining channel with resistance near $0.0845 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1000 resistance. TRON price started a recovery wave from $0.0720 against the US Dollar, similar to bitcoin....
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