EOS extended its decline and traded below the $3.50 support zone against the US Dollar. The price is now trading below the $3.75 support and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $3.40 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $3.55 and $3.75 resistance levels in the near term. EOS price is showing positive signs above...
Read More »Feeless Trade: The Fairest and Most Community Dedicated Exchange Service
Crypto trading has become one of the most popular forms of trading over the past couple of years. The 24-hour market added with the price volatility makes it one of the most exciting trading classes, but some of the most popular crypto exchanges charge absurd trade execution prices and limitations on freedom of trade. The Feeless Trade tokens (FLT) are here to change that notion with their revolutionary exchange platform. Feeless trade is fashioned on the notion that...
Read More »Mind Music: A Rug Pull Proof DeFi Project Working to Bring Awareness Around Mental Health
Mental health is still a taboo subject as not many who suffers from it silently ever comes out in the open to share their problems or seek medical help. One of the key reasons for that is the lack of awareness among the general masses on how to deal with and help people suffering from mental health issues. The two-year-long pandemic which is still going on also play a key role in aggravating mental health issues as people lost their jobs, closed once, and life...
Read More »Litecoin (LTC) Price Analysis: Chances of Steady Recovery Above $120
Litecoin price extended its decline below the $110 support zone against the US Dollar. LTC price is now trading below $120 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $114 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase above the $118 and $120 resistance levels in the near term. Litecoin price is attempting a recovery above $110 against the...
Read More »Revolut wird zum wertvollsten UK Fintech-Unternehmen
Revolut: Screenshot aus der Revolut App Der britische Digitalbanking-App Anbieter Revolut sammelt in einer neuen Finanzierungsrunde mehr als 800 Millionen Dollar ein. Die Bewertung der Neo-Bank steigt damit auf über 33 Milliarden US-Dollar. Damit baut es seine Marktführerschaft in Europa weiter aus. Investiert haben 2 echte Schwergewichte und zwar Softbank und Tiger Global, teilt das Unternehmen mit. Aktien, Bitcoin und bald...
Read More »45% of the Ultra-Rich Are Interested in Crypto, Goldman Sachs Reports
While the world worries about the fall of Bitcoin prices, billionaires are increasingly enamored with the cryptocurrency. A recent Goldman Sachs study revealed that at least 45% of family offices are interested in investing large amounts of money in cryptocurrencies. Family offices are firms in charge of managing the money of billionaires such as Amazon’s Jeff Bezos, Google co-founder Sergey Brin or Alibaba’s Jack Ma. Generally, each office manages the wealth of a family....
Read More »JPMorgan Exec: Demand for Bitcoin is High, Most Clients See it as an Asset Class
While being skeptical about offering bitcoin investment options to its clients, the American multinational investment bank JPMorgan Chase & Co has admitted that demand for the asset class has increased significantly. Growing Demand for Bitcoin In a recent interview with Bloomberg, Mary Callahan Erdoes, JPMorgan’s director of Asset and Wealth Management, noted that most of the company’s clients view bitcoin as an asset class. To maintain its client base, Erdoes stated that...
Read More »Random Numbers Don’t Lie: A Closer Technical Look into Recent DeFi Hacks
As Ethereum gas fees soared to record highs during the 2021 bull market, rendering many decentralized finance (DeFi) protocols unusable for casual users, several projects were forced to deploy on other chains. This created a huge surge in demand for cross-chain mechanisms – called bridges – able to securely transfer user assets from one chain to another. Cross-chain bridges can generally be divided into centralized custodial bridges (CCB) and Decentralized non-custodial...
Read More »Some Analysts Think Bitcoin Is Poised for a Big Comeback
Bitcoin has endured a rather dramatic fall over the past few months, but for many analysts, the world’s number one digital currency by market cap is not entirely down for the count yet. Bitcoin May Be Getting Ready to Make Its Triumphant Return Bitcoin hit a new all-time high of roughly $64,000 per unit by mid-April of 2021. The currency seemed unstoppable until suddenly, it began experiencing a rough period of heavy drops that about two months later, brought its value...
Read More »Elon Musk on Dogecoin: Entertained if a Joke Will Become The Leading Cryptocurrency
Elon Musk has a funny theory about why Dogecoin (DOGE) might conquer the crypto space. In his panel discussion with Jack Dorsey and Cathie Wood at “The B Word” online event, Elon Musk expressed an amusing theory about Dogecoin as an aside. When asked about the meme coin’s prospects, Tesla’s Founder first explained the traditional theory of Occam’s razor: “The simplest explanation is the most likely explanation.” He then expressed one of his friend’s variants of that theory:...
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