Markets

Every day brings something new to the cryptocurrency market as the DeFi craze continues to boom and surprise.Announced on August 26th, the SushiSwap project is attempting to take the concept behind the leading decentralized exchange protocol, Uniswap, and offer an alternative with further incentives to liquidity providers.Enters SushiSwap: What is it?In an announcement from August 26th, a team of developers revealed the SushiSwap project – an initiative attempted to be “an evolution of...

If the TikTok deal goes through, it can give a massive boost to Walmart’s online advertisement and e-commerce business. Besides, Walmart will have a strong footprint in the social media world competing directly against giants like Facebook, Amazon, and Alphabet.The U.S. retail giant Walmart Inc (NYSE: WMT) has been the recent entrant in a bid for TikTok. On Thursday, Walmart confirmed that it will partner with tech giant Microsoft for the TikTok bid. Walmart share price has surged by over 7%...

With two companies joining forces, HedgeTrade’s traders will now be able to publish and monetize predictions for TRX trading pairs by creating the aforementioned Blueprints.TRON has announced a partnership with blockchain-based social trading platform HedgeTrade, giving TRON users a way to gauge market sentiment on TRX.The native currency of the TRON ecosystem will be integrated into Singapore-based HedgeTrade’s popular predictions platform, where traders post predictions into smart...

Following a few days of adverse price movements, most of the cryptocurrency market is recovering and is in the green today. Bitcoin is up to $11,500, Ethereum is trading above $400 for the first time since Tuesday. Even more impressive gains are evident from the lower-cap alts.Bitcoin Back Above $11,500The primary cryptocurrency saw its fair share of price dumps in the past few days. BTC even experienced quite volatile developments following an announcement from the US Federal Reserve...

The number of digital wallets containing more than 1,000 bitcoin units has grown to an all-time high. According to the Bitcoin Rich List, roughly 2,190 separate wallets contain 1,000 units of bitcoin or more each, which makes sense considering the circumstances that have surrounded the world’s most popular – and largest – cryptocurrency by market cap as of late.A High Number of Growing Bitcoin WalletsAs it stands, more and more people are beginning to view bitcoin in a positive light. In...

Bitcoin had a rather unproductive week of trading as it declined from about $17,750 to where it’s currently at $11,500, losing about 2% in the process.However, the last seven days were not without their highlights. Just yesterday, the US Federal Reserve’s Chairman, Jerome Powell, announced a historic shift in the institution’s approach towards inflation average targeting, and the markets reacted. Bitcoin shot up from about $11,300 to $11,600, following gold and silver, as well as stocks. The...

The last couple of weeks have been nothing short of intense on the cryptocurrency market. For the first time since 2016, an altcoin flipped Bitcoin’s price as YFI traded above 1 BTC.Polkadot (DOT) is currently all the rage as all eyes are turned on the project and its native cryptocurrency. Data from CoinGecko suggests that it’s the most trending coin over the past seven days, followed closely by several DeFi coins such as Mantra DAO, YF Value, and YF Link.Polkadot (DOT) Dominates Recent...

Amid gains of other fintech companies, Square stock has now added nearly 150% in its year-to-date record, rising with other fintechs.On Thursday, the stock price of American financial services provider, Square Inc (NYSE: SQ) jumped more than 5% in early trading. Later in the day, SQ was still up over 2.5% and finally closed up 1.22% to $155.61. Share prices of other fintech companies are also on the rise. Today, however, SQ is 0.29% down, at $155.16.According to a CNBC report, Mizuho analysts...

BitcoinBitcoin saw a small 4% price drop this week as it headed into the $11,300 support (downside 1.272 Fib Extension). During the week, the coin broke beneath the August rising trend line. The bulls attempted to recover, but the previous support flipped into resistance and the buyers failed to overcome it.On Tuesday, Bitcoin plummeted by 6% from $11,770 to a low of $11,150 (.382 Fib Retracement). Luckily, the bulls pushed higher to close the daily candle above the $11,300 support (downside...

With RealioX, Realio distinguishes itself from existing issuance platforms by developing a decentralized exchange that has a failsafe, 24/7 availability.The ability to tokenize illiquid assets and partially sell them as fractional ownership tokens might turn out to be a boon for the real estate market. At the same time, asset tokenization could become one of the most important use cases for blockchains.Like virtually all blockchain use cases, this however comes with a few pitfalls. Most of...