Markets

Stellar lumen price started a fresh increase above the $0.070 resistance zone against the US Dollar. XLM price is now trading above $0.0750 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.0738 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.0780 and $0.0750 support levels. Stellar lumen price is trading above $0.0750 against the US Dollar, similar...

Ripple price is slowly moving higher above the $0.35 level against the US dollar. The price is now trading above $0.3400 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.3410 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bullish momentum if it clears the $0.3560 resistance zone in the near term. Ripple price is rising steadily above $0.340 against the US Dollar,...

INTERNET CITY, DUBAI, Jan 4, 2023 – LBank Exchange, a global digital asset trading platform, will list Etalon (ETAL) in April 2023. For all users of LBank Exchange, the ETAL/USDT trading pair will be officially available for trading this April. Connecting the online and offline world with the crypto market, Etalon (ETAL) enables users to unlock and enjoy numerous discounts, services, and benefits worldwide with just one token. The ETAL token will be listed on LBank...

Hayden Adams, the Uniswap creator, was just a 23-year-old native of the suburbs of New York in 2017 when he was laid off from his role as an engineer at Siemens. Adams began by writing an application from scratch, and his friend built a sleek new interface for Uniswap on top of what he describes as an “incredibly shitty” React codebase. Fast forward five years, and Uniswap has still managed to retain its position as a DEX leader. Uniswap’s Continued Dominance According to...

Amid the bear market and the fall of FTX, the crypto industry is still struggling to get back on its feet as innovation and technological advancement continue. However, the market has shown signs of improvement in the first week of 2023, with the Ethereum ecosystem leading the way. According to a report by blockchain data analytics firm Nansen, Ethereum liquid staking platforms have seen a significant increase in price in recent weeks. Liquid Staking Protocols Spike as Staked...

Financial markets for everything, including crypto, remain on pause as we mark off the first week of 2023. At this time of global economic uncertainty, people are holding their cash close. Here’s why it’ll be increasingly important for governments to hold their Bitcoin close. Bitcoin’s price barely budged after the release of the latest jobs report. It moved less than a percent, holding above $16,900 as the job data suggested more rate hikes. Bitcoin Is Poised To Become The...

Bitcoin continues to be unable to overcome $17,000, despite briefly jumping above that level yesterday. The altcoins have also calmed following the notable gains charted at the start of the weekend. ApeCoin, though, has marked a near one-month high. Bitcoin Stalls Below $17K 2022 brought little joy for the bitcoin bulls and the end of the year was quite similar, with the asset falling to a multi-week low of under $16,500. After a few calm days around New Year’s Day, the...

With the turnover of the new year, Bitcoin price analyst predictions are out. Meanwhile, a survey of the damage from the protracted 2022 crypto winter shows 70K fewer BTC wallet addresses with $1 million USD worth of Bitcoin or more. It has now been over a year since Bitcoin’s (BTC) last all-time price high of $68,789 on November 10, 2021. Since then, at today’s fair market price on crypto exchanges of around $16,900 for the coin, the Bitcoin price had declined 75% from the...

2022 saw many crypto-assets lose value, prompting investors to pull their money from the market. During turbulent times, inflows plummeted massively. According to the latest report by CoinShares, the digital asset inflow was recorded at $433 million, the lowest in four years. The last time figures were hovering near the current level was in 2018, when inflows stood at $233 million. Bitcoin saw the third-worst year for inflows with $287 million after declining by well over 60%...

When it comes to risky assets like crypto, Singapore banks are no longer required to hold 1:1 in collateral, but rather 1.25:1. What this means is that for every $1 in cryptocurrency, a financial institution needs to hold $1.25 in regular cash. This is designed to ensure there are enough reserves in place to cover losses or other problems should the crypto industry decide to crash and burn all over again. Singapore Is Trying to Stop Future Crypto Problems 2022 was one of...