BTC’s recent 46% rally from the lows at $39.6k has been very impressive as prices pushed above $50k, the September high at $52.9k, with higher highs being made. The above further validates the completion of the bear trap down to $39.6k. Bitcoin has been finding initial resistance as anticipated in the $57.1k to $58.3k, a major zone of technical and on-chain resistance. Chart by TradingViewThe $50k to $58.3k zone includes many buyers from earlier this year who acquired Bitcoin...
Read More »Polkadot Parachains Ready to Launch, Auction Dates Proposed
Polkadot was first introduced in a Whitepaper almost five years ago. Now, the heterogeneous multichain network announces a massive milestone – its parachains are officially ready to launch on the mainnet. Polkadot Parachains Greenlighted Polkadot’s parachains are one of, if not the most integral component of its network. They represent diverse and specialized blockchains that connect to Polkadot’s Relay Chain. They also constitute the multichain aspect of Polkadot’s...
Read More »Kawaii Islands – an NFT Play-to-Earn Game – Set to Launch its Anticipated IDO
[PRESS RELEASE – Tortola, British Virgin Islands, 12th October 2021] Kawaii Islands, an NFT play-to-earn game that launched in September of this year, will be conducting an IDO via the Polkastart platform at 13:00 UTC, Tuesday (October 12, 2021) and TGE on PancakeSwap at 14:00 UTC. The token’s initial market cap stands at around $800,000 and each $KWT is trading at $0.03 per token. Kawaii Islands aims to secure $250,000 in capital through their IDO. Kawaii Islands, as a...
Read More »Muslim Coins IEO Goes Live on ProBit Global
Tallinn , Estonia / October 13, 2021 / Muslim Coins (MUSC) Initial Exchange Offering (IEO) went live on Probit Global exchange on September 30. Its first round ended October 10th and reportedly raised up to half a million. A second round is live as we write. This second round is scheduled to end on October 24th And is offering up to 15% bonuses. The native token incorporates a zakat system: a 2% tax on every transactions and all the incoming projects are...
Read More »SEBA Bank Rolls Out Yield Earning Program For Holders of Cardano, Tezos, Polkadot
SEBA Bank, a fully regulated Switzerland-based financial institution that offers several crypto services to its clients, announced that customers will now be able to earn yield on their digital asset holdings. SEBA Launches Yield Earning According to an official press release, SEBA Bank has launched a new institutional-grade solution dubbed SEBA Earn, which will allow crypto holders to earn yield on their digital currencies. The bank noted that the sharp growth witnessed...
Read More »BUMooN.io to Address Real-World Environmental Issues
BUMooN.io, an Indonesian blockchain, IoT, and AI firm, works with Wastelab Indonesia and Sampangan.id to help address environmental issues in support of the government. The cooperation of three environmental management and sustainability companies in response to the Minister of SOEs, Erick Thohir, challenged them to become one of Indonesia’s 50 top startups. As stated by Happy Murdianto, co-founder of BUMooN.io, this cooperation will help manage trash mining. BUMooN.io...
Read More »Tron (TRX) Price Analysis: Rally Could Restart Above $0.10
Tron price is forming a base above the $0.0920 zone against the US Dollar. TRX price is now trading below $0.1000 and the 55 simple moving average (4-hours). There was a break below a major ascending channel with support near $0.0990 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 remained well bid above $0.0880 against the US Dollar, similar to bitcoin. TRX price is...
Read More »Bitcoin Price Analysis: BTC Remains Supported Above $54K
Bitcoin price started a fresh increase above the $50,000 resistance against the US Dollar. The price is now trading above $52,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $55,250 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is showing positive signs and it could continue to rise above the $56,500 level. Bitcoin price is gaining pace above $50,000 against the US Dollar. BTC...
Read More »Elliptic Raises $60M From SoftBank and Wells Fargo to Accelerate Crypto Adoption
Elliptic – a London-based blockchain analytics firm – has secured $60 million in Series C funding led by Japanese investment manager SoftBank Group and American multinational Wells Fargo. The funds will be used to accelerate cryptocurrency adoption by global financial markets. Accelerating Cryptocurrency Adoption by Large Institutions Elliptic announced the disclosure of a $60 million fundraising in a press release on October 11th. The company plans to use the funds to...
Read More »Two Texas Siblings Seek to Create Their Own Crypto Token
Not long ago, Live Bitcoin News produced an article about a pair of siblings living in Texas that had created their own successful mining business. Ishaan and Aanya Thakur – 13 (now 14) years of age and nine years of age, respectively – had studied mining videos on YouTube and converted old equipment to extract Ethereum and other forms of crypto from the blockchain. Texas Siblings Take Their Love of Crypto to the Furthest Reaches Now, these siblings are looking to take...
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