Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.A bearish dip is underway as both Bitcoin (BTC) and Ethereum (ETH) are parring off losses following an earlier takeover by the market bears. The ongoing slight gains from both digital currencies have resulted in a 1.36% gain in the total cryptocurrency market capitalization, a metric that is currently at $1.81 trillion.The effect of the earlier drop in the...
Read More »Cardano Drops Out of Top 3 as Bitcoin Struggles at $58K (Market Watch)
After a highly volatile day in which BTC touched $60,000, the primary cryptocurrency has slipped to 58,000. The altcoin market is even more fluctuating, as Cardano has retraced following the latest gains and has lost its top three spot to Binance Coin.Top Ten Rotations Continue; BNB Ahead of ADAThe past several days were quite volatile for the altcoin space. However, most larger-cap alternative coins have calmed on a 24-hour scale.Ethereum, Polkadot, Ripple, UNI, Litecoin, and Chainlink have...
Read More »US Actress Lindsay Lohan to Release Exclusive NFT Collection on TRON
Just a month after openly endorsing TRON on Twitter, the American actress Lindsay Lohan has partnered with the Justin Sun-founded blockchain project. Moreover, she has delved even further into the ongoing NFT craze by creating her own collection, which will be released on the TRON network. TRON, the popular blockchain project founded by Justin Sun, announced its latest partnership milestone in a press release shared with CryptoPotato. The post highlighted the recently launched TRC-721...
Read More »Between 7%-10% of Americans Plan to Buy Bitcoin with their Stimulus Checks: Poll
The US government sent another set of stimulus checks to its citizens following the most recent relief bill signed by President Joe Biden. Interestingly, two surveys asking people how they plan to utilize the funds indicated that about 10% will be allocated in cryptocurrencies.10% of Americans to Put Stimulus in Crypto?Earlier this month, the 46th President of the United States signed the latest relief bill, which indicated that US citizens will receive $1,400 stimulus checks. Last Friday,...
Read More »Pumpy Finance Protocol (PMP) Launches Yield Farming
[PRESS RELEASE – Please Read Disclaimer]Pumpy finance announced the launch of a low-fee Yield Aggregator with Limited Supply on the Binance Smart Chain. The new project seeks to solve major Ethereum based project issues by lowering fees, thus the amount needed to earn rewards.The protocol will be charging a 0.2 to 0.5 percent fee to cover gas costs for their dynamically optimized auto-compounding. Withdrawal is completely fee, Vault Fee (PMP Buyback & Burn) is 1.5% and Entrance Fee is...
Read More »Litecoin (LTC) Price Analysis: Why Break Above $210 Is Important
Litecoin price is recovering from the $190 support zone against the US Dollar. LTC price is now trading above the $200 level and testing the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear the $210 resistance to start a strong increase in the near term. Litecoin price is consolidating above $195 and $200 against the US Dollar, while...
Read More »Tech Firm Meitu Buys Another $50 Million Worth of Bitcoin and Ethereum
Meitu is a software development firm listed on the Hong Kong Stock Exchange, most known for its selfie-editing app. The app was massively popular in China before adding built-in filters and editors to major social media platforms.Since then, however, the company has struggled to find new avenues of growth. Now, the company is following other major corporations’ footsteps and buying cryptocurrency, not only because they believe the price will go up.Hundred-Million Dollar Buy-InToday, Meitu...
Read More »HYVE PancakeSwap Listing Date & BSC Bridge
[PRESS RELEASE – Please Read Disclaimer]The HYVE ERC-20 token will be listed on Binance Smart Chain (BSC) as a HYVE BEP-20 token. The HYVE token can be changed cross-chain, from Ethereum to BSC.“Not only are we launching the bridge to allow people to freely change their tokens, we are also listing HYVE on PancakeSwap and providing initial liquidity as promised. Considering the recent increase in volume on PancakeSwap due to the ETH gas problems, we believe this will allow our users to have a...
Read More »Grayscale Adds LINK, BAT, MANA, FIL and LPT Investment Trusts
Grayscale Investments now supports 14 trusts including Bitcoin and Ethereum trusts.Digital Currency Group-backed Grayscale Investments has launched five new digital currency investment trusts. Among the new trusts includes Grayscale Chainlink trust, Grayscale Basic Attention Token trust, Grayscale Decentraland trust, Grayscale Filecoin trust, and Grayscale Livepeer trust.Grayscale noted that there has been a huge influx of digital assets demand in the recent past. The demand has emanated from...
Read More »Retail Investors Continue to Buy ETH While the Number of Whales Dropped to a 3-year Low
Retail interest for Ethereum has been growing gradually in the past several weeks, at least judging by the new record levels of smaller addresses holding ETH portions.Additionally, the total value locked in the ETH 2.0 Deposit Contract has also reached a fresh ATH of over $6.2 billion worth of the token.ETH: Retail Purchase, Whales SellThe Ethereum network, the underlying technology behind some of the most booming crypto fields lately – NFT and DeFi – has enjoyed a gradual increase in...
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