Crypto news

[PRESS RELEASE – Singapore, Singapore, 2nd November 2021] APENFT, the premier NFT foundation and fund, and TRON have announced the formal establishment of the $100million ‘Art Dream Fund’ to explore, cultivate, and support talented NFT and digital artists. APENFT aims to collect meaningful stories and promote the fusion of finance, culture, and art in the metaverse and will do so by building three main pillars: acquisition of culturally significant NFT artworks, investment...

[PRESS RELEASE – Please Read Disclaimer] Blockchain-based casinos have skyrocketed in popularity in the past few years because of their ability to provide customers with enhanced security relying on the groundbreaking technology features. With the growing competition among all available participants, many have resorted to compelling games and rewards to attract new clients. With Halloween 2021 recently taking place, one of the popular online casinos – Tower Bet – has decided...

Key Support levels: $1.12; $1.06  Key Resistance level: $1.2; $1.4 XRP has finally managed to break above the pennant in blue with a nice rally of around 5%. The resistance at $1.2 is holding XRP back right now, but this level should not pose a lot of difficulty for bulls. If successful, the true test will come at $1.4, which is the most important resistance right now.  Should the bulls slip and lose control, the nearest support is not far below right now at $1.12. Chart by...

Tron price started a fresh rally above the $0.1000 resistance zone against the US Dollar. TRX price is now trading above $0.1000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1020 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.1000. TRON price remained well bid above $0.1000 against the US Dollar, similar to bitcoin. TRX price...

Bitcoin price started a fresh increase above the $62,000 zone against the US Dollar. The price is now trading above $62,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $62,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move higher if there is a break above $64,500. Bitcoin price is back above the $62,000 pivot level against the US Dollar. BTC could...

It appears that investors are more interested in memes than they were ever before. SHIB’s strong price action has lured even the skeptics under its hood, and the latest data reveals impressive results. The hype around the dog-inspired cryptocurrency Shiba Inu has grown so much that it has emerged as the fifth most called smart contract on the Ethereum network. Shiba Inu’s (SHIB) Growing Appeal According to the latest data compiled on Dune Analytics, Shiba Inu has even...

Gary Gensler – chairman of the Securities and Exchange Commission (SEC) – recently revealed the US government’s completed stablecoin report. It outlines risks associated with such tokens and provides “prudential” recommendations to congress on how to address them. Stablecoins: Benefits and Risks The POTUS’ Working Group on Financial Markets (PWS) produced the report in collaboration with the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the...

There has been a lot of hype surrounding the recent Pro Shares bitcoin-based exchange-traded fund (ETF). The product has been something traders have long sought, and after many failed applications, it looks like an ETF has finally been unveiled. This ultimately drove bitcoin into reaching its most recent all-time high of approximately $66,000 per unit. Why the Bitcoin ETF Isn’t All It’s Cracked Up to Be While things have appeared rather stable for the past few weeks,...

As the cryptocurrency industry progresses to mainstream adoption, investors seek to understand more about this rapidly growing industry and how they can increase their exposure to it. On Monday, Nov. 1, 2021, the American multinational investment bank Morgan Stanley published a report on cryptocurrencies for its wealth management clients. Incoming Regulations In the document, strategists at Morgan Stanley Research gave a detailed analysis of the various activities, sectors,...

Graham Jenkin – the CEO of Coin List – claimed in a recent interview that he could easily see bitcoin reaching six figures – approximately $100,000 – by the time 2022 is ready to begin. Graham Jenkin: We’ll See the Six-Figure Bitcoin in 2022 No doubt 2021 has been one of the craziest and most up-and-down years for the world’s number one digital currency by market cap. The asset began the year in the mid-$20,000 range, which was already considerably higher than it had...