Markets

Well-known cryptocurrency market analyst, Michael van de Poppe, anticipated a strong surge in Shiba Inu (SHIB) price, exceeding 44% in the coming weeks. This bullish outlook relies on SHIB holding on to three key support levels long enough to reestablish an upward trajectory. In stark contrast to the current crypto market demeanor, which remains predominantly devoid of action, SHIB, currently ranked 15th by market cap, has been on-and-off with its price action recently. SHIB...

CoinspeakerCME Group and CF Benchmarks Floats BTC and ETH Reference Rates in APAC This strategic collaboration aims to provide market participants with accurate and timely pricing information, fostering greater transparency and confidence in the evolving digital asset space. CME Group and CF Benchmarks Floats BTC and ETH Reference Rates in APAC

CoinspeakerCoinbase’s Crypto Futures Approval Seen as a Big Deal  For many in the crypto industry, this approval signifies a notable regulatory achievement for both the company and the broader crypto landscape due to the ongoing legal battle between the exchange and the US SEC.  Coinbase’s Crypto Futures Approval Seen as a Big Deal 

CoinspeakerBitGo Successfully Completes $100 Million Fundraise Despite Rough Market Conditions Despite challenging market conditions, BitGo secures massive funding as it successfully navigates through the uncertainties in crypto regulations. BitGo Successfully Completes $100 Million Fundraise Despite Rough Market Conditions

EOS price started a fresh decline from the $0.730 zone against the US Dollar. The price is now trading below $0.70 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6720 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 $0.672 and $0.700 resistance levels. EOS price is struggling below $0.700 against the US Dollar, unlike Bitcoin....

Litecoin is showing bearish signs and trading below $80 against the US Dollar. LTC price is now trading below $78 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $79.00 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 $80 resistance zone. Litecoin price is struggling below $80 against the US Dollar, similar to Bitcoin. LTC price...

PayPal announced that it will temporarily suspend crypto purchases on its platform for its U.K. based users beginning in October. The move comes in response to evolving regulatory guidelines provided by the Financial Conduct Authority (FCA) – Britain’s chief market regulator. PayPal Pauses Crypto Buys Per an email received by certain U.K. users on Wednesday, the suspension will take effect on October 1, and is expected to last until early 2024. “Your crypto remains safe,”...

The cryptocurrency industry had a number of noteworthy events in the first half of 2023, reaffirming its status as a top global risk asset. Investors sought solutions to handle the highly unpredictable market and secure larger returns in the face of the hurdles offered by significant market changes. As a result, many people began trading high-leverage contracts, exposing themselves to potential liquidation and trading failures owing to a lack of experience and...

Matrix Port – a provider of crypto and blockchain services – is confident that in a year and a half from now (at the end of 2024), the price of bitcoin will rise to a whopping $125,000. Matrix Port: Bitcoin Is Going to Rise, Rise, Rise The company is basing its hypothesis on historical data, which includes former bullish trends and significant increases in market value. Matrix Port believes that these little points will repeat themselves and ultimately bring the...

[PRESS RELEASE – San Francisco, USA, August 16th, 2023] Linera reaches a total of $12M in seed funding. The new round of funding was led by Borderless Capital with contributions from a16z crypto, Laser Digital Ventures, Matrixport, Flow Traders, GSR Markets, and more Linera, the first blockchain network scalable via microchains, has successfully closed an additional $6M round, led by Borderless Capital. Founded by Mathieu Baudet, former Meta researcher on the Novi digital...