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Ethereum Price Analysis: ETH Consolidates Below $5K But a Bearish Divergence Looms

Key Support level: $4,354 Key Resistance level: $5,075 The momentum behind ETH remains very strong, which has pushed prices higher and higher. The expectation to see ETH at $5,000 is on everyone’s mind, and this price level is less than 5% from the current all-time high. This should be an easy target to reach for ETH considering the price action. However, there are a few warning signs that the bears may prepare a trap for the bulls as they push the price to the current...

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LBank Exchange Will List iBNB on November 11, 2021

INTERNET CITY, DUBAI, Nov. 9, 2021 – LBank Exchange, a global digital asset trading platform, will list iBNB on November 11, 2021. For all users of LBank Exchange, the iBNB/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 11, 2021. In recent years, DeFi (decentralized finance) has become one of the most important parts of crypto world, and lots of tools and platforms have emerged for people to participate in DeFi. As the first...

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izumi Finance Raises $2.1M to Innovate Liquidity Mining with Uniswap V3 LP Tokens

[PRESS RELEASE – Singapore, Singapore, 10th November 2021] Singapore, November 10th, 2021 — izumi Finance, a protocol providing liquidity as a service on Uniswap V3, has raised a total of $2.1M from a number of DeFi and crypto investors. The round was led by Mirana Ventures, with Everest Ventures Group, Youbi Capital, LucidBlue Ventures, Puzzle Ventures, WolfEdge, ICG, Adaptive Lab, Nothing Research, and Tess Ventures backing the startup in its fundraising efforts. The izumi...

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LBank Exchange Will List IMC on November 10, 2021

INTERNET CITY, DUBAI, Nov. 9, 2021 – LBank Exchange, a global digital asset trading platform, will list IMC (i-Money Crypto) on November 10, 2021. For all users of LBank Exchange, the IMC/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on November 10, 2021. Since the birth of cryptocurrency and blockchain technology, lots of unusable coins have emerged in the crypto field, people have been yearning for a real utility token. IMC (i-Money...

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Escrow Protocols Investment Platform Token is set to Start Trading on Exchanges Towards Year End

Lisbon, Portugal/ November 10, 2021 / Escrow Protocol, a decentralized funding platform made to protect investors from investment loss, announces the release of its first platform features and an upcoming exchange listing. Investors and projects within the crypto space, eagerly await to usher in the new digital era of investing. Escrow Protocol is a Blockchain-based Web3 platform where investors can fund start-ups with extended control of their financial contributions....

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Tron (TRX) Price Analysis: More Gains Possible Above $0.12

Tron price started a fresh rally above the $0.1050 resistance zone against the US Dollar. TRX price is now trading above $0.1050 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.1040 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.1100. TRON price remained well bid above $0.1050 against the US Dollar, similar to bitcoin. TRX price is...

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Bitcoin Price Analysis: BTC Could Correct Lower Towards $64K

Bitcoin price started a fresh increase above the $65,000 zone against the US Dollar. The price is now trading above $65,000 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $61,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct lower towards the $64,000 support zone in the near term. Bitcoin price traded to a new all-time high near $68,560 against the US...

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Ethereum Name Service Airdrops DAO Token, ENS Price Up 160% After Launch

Ethereum Name Service (ENS) – a popular system for decentralized naming – has just airdropped its new governance token on existing name registrants. Twitter is bustling with excitement as some name holders rake in incredible gains from its fast appreciating value. The Purpose of ENS Token On November 1st, Brantley.Eth – director of operations at ENS – announced and explained the recent airdrop. In the name of decentralization, he said the team would be “passing ENS governance...

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Coinbase Commission Fees May End with New Subscription Service

Coinbase – one of the largest and most popular cryptocurrency trading platforms in the world – is now testing commission-free trading for people who engage in large or regular transactions. Coinbase Is Looking to End Commission Fees for Some Customers Known as Coinbase One, the service will be available to customers willing to pay subscriptions. They can trade bitcoin along with several other digital currencies without having to pay commission fees, meaning whatever they...

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Russian Crypto Miners Should Be Legitimized, Say Local Ministries

The Ministry of Economic Development, the Ministry of Energy, and the State Duma want cryptocurrency mining in Russia to be a legalized business regulated as an entrepreneurial activity. However, the country’s central bank opposed such a move, citing the risks related to digital asset endeavors. Russian Crypto Mining Deserves “Respect And Regulation” According to a local report by Izvestia, some Russian authorities believe cryptocurrency mining needs to have a comprehensive...

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