Tron price started a fresh increase from the $0.092 support zone against the US Dollar. TRX price is now trading above the $0.1100 support and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.1100 on the 4-hours chart (data feed via Bitfinex). The pair seems to be staging a strong increase above the $0.1300 and $0.1350 resistance levels. TRON price is holding the $0.1000 support zone against the US Dollar,...
Read More »Bitcoin Price Analysis: BTC Looks Set For More Upsides
Bitcoin price started a fresh increase after testing the $47,000 support against the US Dollar. The price is now trading well above $55,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $55,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $56,000 and $57,000 levels in the near term. Bitcoin price is rising steadily above $52,000...
Read More »Swisscom pilotiert Referenzkurs für digitale Assets
Sygnum granted capital markets services (CMS) licence for asset management in Singapore Mit einer gemeinsamen Machbarkeitsstudie legen SEBA, Swissquote, Sygnum, Vontobel und Swisscom den Grundstein für bankfähige Referenzpreise in der Welt der digitalen Assets. Digitale Assets wie Bitcoin werden immer populärer. Allerdings sind beliebte Datenquellen für Preise und Volumen anfällig für Manipulationen, was das Image und die Glaubwürdigkeit...
Read More »Microsoft and Intel Introduce a Shield Against Cryptojacking
The tech giant Microsoft has integrated the Intel Threat Detection Technology into its Microsoft Defender for Endpoint. This should increase detection ability and enhance protection against cryptojacking malware. The New Addition and Its Technology During the last few years, the primary cryptocurrency along with the many other altcoins have significantly appreciated in value which caused an uptick of interest for crypto mining as well. The process involves validating data...
Read More »Mike Novogratz Allegedly Isn’t a Fan of Dogecoin
Bitcoin and Dogecoin are two of the world’s biggest digital currencies right now. They have both been spiking like crazy as of late, with Dogecoin now taking the lead and working hard towards potentially reaching one dollar per unit by the end of the year. While they both look similar at first glance, Mike Novogratz – a billionaire investor and former hedge fund manager – claim that these assets could not be more different, and that investors need to be aware of the...
Read More »Jack Dorsey and Elon Musk Find Common Ground On Bitcoin Mining
It appears that Jack Dorsey – the man behind Facebook competitor Twitter and payment processor Square – and Elon Musk, the South African entrepreneur responsible for bringing both Tesla and SpaceX to the mix, agree on one thing. That thing is the future and power of bitcoin mining. Bitcoin Mining Is the Center of Many Arguments In a recent tweet, Dorsey commented that bitcoin “incentivizes” renewable energy. From there, he received a response from Musk which simply read...
Read More »Ethereum DeFi Ecosystm Hits 2 Million Users as ETH Price Paints ATH
The Ethereum DeFi ecosystem has hit 2 million users. The number of unique Ethereum addresses that have interacted with Ethereum-based protocols, as shown in the chart below by Dune Analytics, has seen a sharp increase recently, with volume ramping up heavily within the last 2 months. Source: Dune AnalyticsRecord Users and Record Prices During this period, ETH has been hitting record highs, going from $738 at the start of the year to $2,637 right now. Today, the price also...
Read More »Retail Investors Entering Crypto: The Reason Behind Recent Extreme Price Volatility?
The extremely volatile nature of cryptocurrencies is one of the major reasons why many traditional investors are still hesitant to join the industry. One minute, traders are basking in the euphoria of skyrocketing peaks, and the next they are scratching their heads wondering what happened. While there are no clear-cut indices to gouge crypto volatility, some of the reasons for it in traditional markets apply – including new developments and speculation. But new entrants in...
Read More »JPMorgan: If BTC Doesn’t Hit $60K Again, the Currency Is Doomed
Bitcoin has been undergoing a serious correction as of late. The world’s number one digital asset by market cap has hit a new high of approximately $63,000 per unit, but since that day, it has lost about $8,000 off its price. Thus, the currency is now trading for just over $55,000, and companies such as JPMorgan are beginning to take notice. JPMorgan: We Need to See $60K Again Soon In a new report, JPMorgan appears to be rather bearish on bitcoin… again. To be fair, it...
Read More »Lever Network announces its public sale on DAOMaker through SHO
Let’s get it straight, Defi has exploded in the last year and it is poised to grow exponentially in the near future. Last week Uniswap’s trading volume surpassed $10B, yes, $10B. There are a handful of well-known DEXs, and to trade in those, either, users have to use their own funds or transfer funds from lending platforms and transfer for trading. It is a time-consuming, laborious and expensive process to transfer from lending platforms to DEXs. Introducing Lever Lever...
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