BNB/USD – BNB Makes Attempt At Symmetrical Triangle Upper Boundary Key Support Levels: $320, $305, $280.Key Resistance Levels: $360, $388, $400. BNB is currently trading inside a short-term symmetrical triangle pattern. It had rebounded from support at $255 during the capitulation week and pushed higher to meet resistance at $388 (bearish .382 Fib) last week. From there, it headed lower throughout the rest of last week and eventually found support at $305 (.786 Fib). This...
Read More »Mark Cuban Ironically Denies Referring to Cardano in DAO Assessment
While explaining the potential impact of decentralized autonomous organizations on legacy businesses, billionaire investor Mark Cuban, who recently joined the cryptocurrency space, ironically denied referring to Cardano’s blockchain. No, Not Cardano, Says Cuban Mark Cuban used to be among the many critiques of the cryptocurrency industry in the past. However, as it happened with quite a few of them, he changed his mind recently and has become a vocal proponent of blockchain...
Read More »2local Native Coin 2LC Will Be Listed On Bitrue Exchange On The 1st Of June
2Local is an eco-conscious fintech company from the Netherlands. The company is getting more recognition in the crypto/blockchain space as 2local continues to reach new milestones on its roadmap again and again to deliver what has been promised. Many milestones have already been reached. The last one was attained on the 11th of April when the 2local demo DeFi crypto exchange went live. On the 1st of June, 2local will deliver another promise – the 2local native coin 2LC...
Read More »Bitcoin Is Too Big to Escape Regulations, Says the Governor of Sweden’s Central Bank
Bitcoin has become too big of an asset to escape regulatory frameworks, argued the governor of Sweden’s central bank – Stefan Ingves. At the same time, the nation’s finance minister confirmed that the country is already looking into implementing tighter rules around cryptocurrency exchanges. BTC: Too Big Not to Be Regulated During a recent speech cited by Bloomberg, Riksbank Governor Stefan Ingves joined the trend of central bankers commenting on bitcoin amid its recent...
Read More »Ethereum Price Analysis: ETH Eyes This Level Before Attempting Another Shot at $3K
ETH/USD – Ether Breaks Above Short Term Triangle Key Support Levels: $2600, $2470, $2333.Key Resistance Levels: $2740, $2890, $3000. ETH surged 4% over the past 24 hours to break above a short-term symmetrical triangle. The coin had hit the support at the lower boundary of this triangle over the weekend after briefly spiking beneath $2200. Since then, ETH pushed back above the 100-day MA and broke the triangle’s upper boundary yesterday as it broke above $2600. Today, ETH...
Read More »Cardano (ADA) Price Analysis: Bulls Aim Fresh Rally To $2
ADA price started a fresh increase after it tested the $1.32 support zone against the US Dollar. The price is now trading above the $1.50 zone and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1.68 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but the bulls are likely to remain active near $1.58 and $1.55. Cardano price is showing positive signs above the $1.50 zone...
Read More »Ethereum Price Analysis: ETH is Showing Signs of Fresh Increase To $3K
Ethereum price formed a base above $2,200 and it is slowly rising against the US Dollar. ETH price is now trading above $2,500 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $2,550 on the 4-hours chart (data feed from Coinbase). The pair is likely to rise steadily towards the $3,000 resistance zone in the near term. Ethereum price is slowly moving higher above $2,500 against the US Dollar. ETH/USD...
Read More »Goldabbau: Direkte und indirekte Risiken für die Umwelt
Luftaufnahme einer Goldmine in Atlanta, USA. Foto CC0 Gemeinfrei via Unsplash Kaum ein Metall ist so begehrt und teuer wie Gold. Der Grund dafür ist, dass es weder einfach hergestellt werden kann, noch problemlos aus der Erde gefördert werden kann. Gold wird im Technologiesektor, in der Schmuckfertigung und klassisch im Finanzsektor als Wertanlage benötigt. Dabei steigt die Nachfrage kontinuierlich und damit verbunden auch der Preis....
Read More »Mozik (MOZ) Double IDO Rundown
[PRESS RELEASE – Please Read Disclaimer] It’s just right around the corner! For the lucky ones, here’s what you need to pin on your calendar: Mozik (MOZ) BSCpad IDO details Launch Date: Sunday, June 6th Staking Eligibility Cutoff: 5:00 AM UTC Allocation Round Open: 8:00 AM UTC Public Sale (FCFS) Round Open: 1:00 PM UTC Pancakeswap Listing Date/Time: Monday, June 7th, Time TBD Details & Instructions on Mozik BSCPAD IDO Mozik(MOZ) Ignition IDO details IDO Launch: Monday,...
Read More »Crypto Exchanges in India Are Garnering a Lot of Money
Cryptocurrency has never been looked at through a positive lens by India, and the Asian country has always had a certain sense of animosity towards it. Nevertheless, cryptocurrency exchanges and related firms have continually put their money into India, hoping that things will change in the coming future. India Is Getting a Lot of Financial Attention India really set itself up on the “crypto enemies” list back in early 2018 when it was announced that the country was...
Read More »