Crypto news

Key Support levels: $0.75, $0.70 Key Resistance level: $0.89 Ever since XRP was rejected by the $1 resistance, the price went through a continuous decline which was exacerbated by the market crash on Saturday. The support at $0.89 was turned into resistance during the crash, and the next key support level is found at $0.75. Despite this painful downtrend, XRP’s price action seems to indicate that the bulk of this correction may approach the end. Particularly because the...

Options Market Analysis 25 Delta Skew and Volatility Analysis On December 4th, the bitcoin price dropped about $16k. Options traders have set different hedging strategies like buying lots of puts at $50k & $52k strike prices during the last weeks for the possible downside. To find out what happened in the options market, It’s better to look at 25 delta Skew. This is a way of measuring the volatility skew. For example, for one month, it can be computed using the following...

The blockchain provider and development platform – Syscoin announced that its Layer 1 for Ethereum Virtual Machine (EVM) smart contracts has reached mainnet on block 1,317,500. With that development, it has fulfilled Phase One of the NEVM launch. Syscoin Combines Bitcoin And Ethereum According to a press release seen by CryptoPotato, this upgrade will allow users of the platform to enjoy more benefits, such as enhanced security and flexibility of smart contracts on a modular...

On December 4, bitcoin suffered its worst trading day since mid-May, as its price plunged to a two-month low of $42,000. Somewhat expectedly, this massive $16,000 crash in less than 24 hours led to a change in investors’ sentiment as the popular Bitcoin Fear & Greed Index went into “extreme fear” territory once again. Extreme Fear Shakes The Crypto Community The Bitcoin Fear & Greed Index works as an indicator of momentary investor sentiments towards the primary...

[PRESS RELEASE – Please Read Disclaimer] As the cryptocurrency space grows to be a multi-trillion dollar industry with retail, professional, and institutional investors rushing in, the need for a stable and secure source of compounding and passive income has become greater than ever. Consequently, countless projects have attempted to provide solutions. One of them is BNBBanker, which, as the name suggests, is focused on projects and tokens supported by the world’s largest...

Stellar lumen price started a fresh decline from the $0.3600 resistance against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.2900 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.3000. Stellar lumen price is trading in a bearish zone below $0.3000 against the US Dollar, similar to...

Ripple price started a fresh decline from the $1.05 resistance against the US dollar. The price is now trading below $0.90 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.8800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is no recovery wave above $0.90. Ripple price is showing bearish signs below $0.90 against the US Dollar, unlike bitcoin....

Pulse Bomber is a token offering passive income potential on a sustainability-focused crypto mining platform, has incepted the Binance Smart Chain in pursuit of becoming the first migrator to the PulseChain Network. The project is aiming to become a prominent player once the new blockchain goes live, and has announced several releases on their roadmap. Investors in the crypto space have already recognised the passive income potential that the Pulse Bomber Miner is...

KEYS aims to develop new blockchain solutions based on the trade of luxury assets in both the Metaverse and the actual world. Holding KEYS gives investors access to special investment opportunities, either in real estate or luxury assets, to name a few, as well as a strong network. To access the project’s unique ecosystem, investors must own the platform’s native token, KEYS. The Token, the team argues, can provide access and discounts when purchasing real estate and...

The European Central Bank (ECB) published a paper on ‘Central Bank Digital Currencies'. The European Central Bank (ECB) has published a paper on ‘Central Bank Digital Currencies‚ recently. In July 2021 the #ECB decided to launch a two-year investigation phase into a #digitaleuro project, starting on 1 October 2021. The expectation that #CBDCs will eventually be issued reflects the benefits of maintaining #centralbank #money in a world where...