Markets

After a prolonged period of tranquil price activity near the critical level of $1.8K, there has been a significant and rapid downturn at ETH following a notable rejection. This sudden cascade has caused the price to drop below the 100-day and 200-day moving averages (MAs), indicating a bearish signal for the ETH market. Technical Analysis By Shayan The Daily Chart Looking at the daily chart, a prolonged phase of quiet price action near the $1.8K resistance level led to a...

As we all know by now, BlackRock – which is trying to bring a bitcoin-based exchange-traded fund (ETF) to fruition – has partnered with Coinbase in its application as a means of creating a safe custody haven for users. However, some analysts believe this move is going to come back and bite the company in the rear. Should BlackRock Find a Replacement for Coinbase? Coinbase is currently being sued by the Securities and Exchange Commission (SEC), the financial agency...

CoinspeakerMeituan Surpasses Expectations with Impressive Q2 2023 Results In the face of changing dynamics for China’s tech giants, Meituan has demonstrated a commitment to strategic expansion into adjacent sectors. Meituan Surpasses Expectations with Impressive Q2 2023 Results

Crypto and fintech firm ZTX has stated it’s looking to build a new 3D virtual world atop the Arbitrum blockchain, which accounts for more than 60 percent of ETH’s Layer-2 market share. ZTX and Arbitrum… The Perfect Match? ZTX has said in this new virtual world, users can enjoy games, social interactions, and hold stakes in both economic and government activities while establishing and selling digital assets. ZTX is also a joint initiative between companies Jump...

CoinspeakerBinance to Suspend Crypto Debit Card Services in Latin America, Middle East Like other debit cards, the crypto debit card is a brainchild of Binance that allows its users to pay for day-to-day goods and services, using funds from their loaded crypto assets. Binance to Suspend Crypto Debit Card Services in Latin America, Middle East

CoinspeakerAI Tokens Rise after Nvidia Posts Impressive Q2 2024 Earnings Report Showing Increased Revenue and Net Income Tokens related to AI all rose after Nvidia's report, and are likely to continue reaping from institutional interest in artificial intelligence. AI Tokens Rise after Nvidia Posts Impressive Q2 2024 Earnings Report Showing Increased Revenue and Net Income

CoinspeakerBitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue? All eyes are on the Fed's Jackson Hole meeting ahead this week as Fed Chair Jerome Powell is likely to announce interest rate hikes. Bitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue?

EOS price started a fresh decline below the $0.625 zone against the US Dollar. The price is now trading below $0.610 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6145 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.615 and $0.625 resistance levels. EOS price is struggling below $0.615 against the US Dollar, unlike Bitcoin....

Litecoin is showing bearish signs and trading below $75 against the US Dollar. LTC price is now trading below $72 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $71.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $72 resistance zone. Litecoin price is struggling below $75 against the US Dollar, similar to Bitcoin. LTC price...

In a move to bring back dollar transactions for US customers, Binance.US, the American subsidiary of the world’s largest cryptocurrency exchange, has inked a new partnership deal with crypto payments startup MoonPay. Binance.US, which is in an ongoing legal battle with the Securities and Exchange Commission (SEC), suspended USD deposits for users in the United States following the departure of its banking partners. Binance.US and MoonPay In a blog post on Tuesday (Aug. 22,...