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Litecoin (LTC) Price Analysis: Recovery Possible Above $155

Litecoin price declined heavily below $165 and tested $155 against the US Dollar. LTC price is now trading below $160 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $148 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must move above the $155 resistance to start a decent recovery in the near term. Litecoin price is recovering losses from $140 against the US Dollar, similar to...

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Dow Jones Index: Wir befinden uns hier!

Es existiert folgende Börsenweisheit: Never buy an All Time High. Zu Deutsch: Kaufe nie auf einem Allzeithoch. Egal welches Asset, egal welche Investition. Allerdings entspricht dies nicht ganz der Wahrheit. Wer investiert, kauft sich das, wovon er sich Gewinn verspricht. Also steigende Kurse. Da ist die vergangene Kursentwicklung im Prinzip egal. Momentan stehen viele Aktienmärkte auf einem Allzeithoch. So auch der bekannte Dow Jones Index. Soll...

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RMRK Token, the First Kusama Statemine token tradable on CEXes

Zug, 29 Sept – The RMRK Association announces that the $RMRK token, the utility and governance token of the most advanced NFT protocol created to date, is now available for purchase on Kucoin and Gate. This is the very first Statemine fungible token to be available for trading globally. Statemine is a public-good parachain on the Kusama network, Polkadot’s canary network, designed to be the canonical balance-keeper of thousands of different fungible and non-fungible...

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Thailand’s Tourism Authority Intends to Launch its Own Utility Token: Report

The Tourism Authority of Thailand (TAT) plans to create a utility token called the TAT coin. To implement it in the country’s financial network, though, the state agency would need approval from the related organizations. Crypto Can Bring Back Tourists to Thailand According to a recent report by Bangkok Post, the Tourism Authority of Thailand aims to attract cryptocurrency owners to the country by launching its own utility token. Named after the entity, the TAT coin would...

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Kentucky and Texas Are Seeing a Boom in Crypto Mining Projects

State like Texas and Kentucky are really starting to benefit from the growing crypto mining space and the mass China exodus. Not too long ago, China decided that it was time to remove all digital currency miners from its territory, and many sought to establish new businesses in these regions thanks to the states’ incentives and cheap electricity. Texas and Kentucky Are Becoming Head Honchos in the World of BTC Mining The arguments surrounding crypto mining have been...

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BTC’s Price to Reach $90,000 in Late 2022, Predicts Technical Traders’ CEO

Chris Vermeulen – Founder and CEO of Technical Traders LTD – opined that bitcoin’s USD value would increase to $90,000 in about a year. Nonetheless, its price might plunge to $16,000 on its way to the new all-time high record. How Does The Road to The Top Look Like? In a recent interview for Kitco, Chris Vermeulen spoke about the future price tag of bitcoin. According to the presented charts and his analysis, the USD value of the primary cryptocurrency would go through major...

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Polar Sync Raises $5M to Accelerate Dev of Indexing & Query Solutions for Blockchain Apps

[PRESS RELEASE – Please Read Disclaimer] Polar Sync, the world-class API service platform designed for decentralized applications, today announced it has raised $5.0 million in total funding from private and strategic investors, including ChainRidge Capital.  The funding will be used to accelerate the development of a highly robust, scalable infrastructure designed to provide lightning-fast data indexing and query functionality to decentralized applications. Polar Sync...

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African Crypto Exchange Yellow Card Gets Its Hands On a Lot of Money

African cryptocurrency exchange Yellow Card has garnered more than $15 million in Series A funding, making this the largest funding round for a digital currency trading platform situated on the continent. Yellow Card Gets a Lot of New Funds The money was raised with the help of Valar Ventures, Third Prime, and Castle Island Ventures. Companies like Square, Coinbase Ventures and Blockchain.com Ventures also contributed funds to the growing business. The company has its...

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Mike McGlone Sees Bitcoin Hitting $100K in October

Bitcoin is recuperating from the recent losses it incurred thanks to China. The nation has become the biggest as of late to rock the crypto world by ending all bitcoin transactions and declaring the digital currency and all its counterparts illegal. Bitcoin Is Headed for the Stars However, it looks like bitcoin has survived the aftermath and after falling to about $42,000 per unit, the currency is trading once again above $43K. In addition, smaller coins – such as...

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Ripple to Launch a $250M Creator Fund to Bring NFTs to XRP Ledger

Ripple has announced the establishment of a new fund worth $250 million to support the building of non-fungible token projects on its XRP ledger. The company promised to provide artists with the necessary support. Ripple took it to Twitter earlier on September 29th to outlined its newest endeavor, which this time will focus on the NFT industry. The new product, dubbed the $250M Creator Fund, is set to “enable creators to explore new use cases for NFTs on the XRPLedger and...

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