Crypto news

The bitcoin and cryptocurrency spaces are really starting to pick up speed. At the time of writing, the world’s primary digital currency by market cap is trading for just over $54,000, which is about $4,000 higher than where it was just a few weeks ago. Bitcoin Continues to Make Its Mark On the World The currency typically experiences bearish activity in September. In 2020, for example, the currency fell to about $10,000 per unit from $12,000 during the previous month....

BTC managed to make a strong weekly close above $52.9k, the highs from September, further validating the bear trap to $39.6k. After holding the higher low at $40.7k, a level we have been watching closely, BTC successfully followed through higher by printing a second weekly candle higher. This validates the previous week’s bullish engulfing candle, adding strength to near-term technical momentum and structure. Although last week’s technical conditions were slightly overbought,...

[PRESS RELEASE – Dubai, UAE, 11 October 2021] Momento’s DeFi and NFT platform has announced a partnership with Luna PR, an award-winning PR, and Marketing firm based in Dubai, UAE. This partnership between Momento and Luna PR is aimed at bringing traction to the features offered on the Momento platform. Momento is at the forefront of shifting the NFT space as we know it. Their innovative DeFi and NFT platform turns the most iconic moments and journeys of the past into...

Although the price of bitcoin has increased by more than 35% in the past two weeks or so, retail investors have yet to return to the scene. Google trends data shows that the number of queries on the search engine is still a long way away from the previous heights. No Retail Hype Yet: Google Trends On September 30th, BTC dropped below $41,000 for the third time that week. Now, less than two weeks later, BTC trades above $56,000 after marking a new five-month high at $57,000...

[PRESS RELEASE – San Francisco, California, 10th October 2021] BitTorrent, a leader in peer-to-peer protocols and products, announced the first-round winners of the Golden Wallet Sweepstakes – a new incentive program designed to reward the community members and drive more engagement. Eray Özgen, a Turkey resident, was awarded the 1 million BTT in the first weekly drawing. Özgen, who owns a film production company with his brother, said he plans to invest a portion of that...

[PRESS RELEASE – Please Read Disclaimer] Aloha has announced that it will launch its Surf Invaders game on the Polygon network, integrating the latter’s full-stack scaling solutions to help power Aloha’s NFT-based game. Surf Invaders is an endless runner-type game designed to be fun while being accessible. The team likens the game to the smash hit Flappy Bird. Players will be incentivized to get as high a score as possible so that they can be featured on the global...

LBank Exchange, the world-class digital asset exchange, is excited to announce that it’s launching a poll for the community’s favorite token, everyone who votes will get rewarded and have a chance to win iPhone 13 Pro Max, Apple Watch and iPad mini at once! The poll will last for 7 days from Oct 11, 2021, 20:00 to Oct 18, 2021, 20:00 (UTC+8), participants need to choose their favorite token from 10 quality projects’ tokens elaborately selected by LBank Exchange, the...

The infamous US whistleblower – Edward Snowden – criticized CBDC’s potential impact on the financial network. He labeled them as a “perversion of cryptocurrency” and a “cryptofascist currency,” as they could grant a lot of power to the governments and leave less freedom to the people. CBDC – ‘a Cryptofascist Currency’ The computer programmer who worked as a subcontractor for the National Security Agency (NSA) – Edward Snowden – opined strongly against the potential use cases...

Stellar lumen price started a steady increase above $0.3000 against the US Dollar. XLM price is now trading above $0.3200 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $0.3600 on the 4-hours chart (data feed via Kraken). The pair could start a fresh rally if there is a clear break above the $0.3600 resistance zone. Stellar lumen price is trading well above $0.3000 against the US Dollar, similar to bitcoin. XLM...

Ripple price started a steady increase above the $1.00 resistance against the US dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.120 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue higher as long as it is above the $1.10 support zone. Ripple price is showing positive signs above $1.10 against the US Dollar, similar to...