Markets

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Changpeng Zhao – the man behind famed digital currency exchange Binance – has pledged roughly $2 billion to help save the digital currency arena. Binance Is Looking to Save the Crypto Space The crypto space has been failing as of late. Bitcoin, for example, has lost more than 70 percent of its overall value since it reached its new all-time high of about $68,000 per unit in November of 2021. In general, crypto has lost more than $2.2 trillion in valuation, and many...

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Online gaming is undoubtedly catching speed as more and more people get on board. With multi-million dollar tournaments and millions of people playing various games across the world, it’s no longer a niche field. In fact, some estimations have the global gaming market reaching a value of a whopping $268 billion by 2025. Interestingly enough, online gaming is also commonly touted as one of the best applications for blockchain-based technology. In 2021 and 2022, we saw a...

INTERNET CITY, DUBAI, Jan 4, 2023 – LBank Exchange, a global digital asset trading platform, has listed REGENT COIN (REGENT) on January 4, 2023. For all users of LBank Exchange, the REGENT/USDT trading pair is now officially available for trading. Encompassing the entire crypto universe in one circle, Regent has simplified the whole utility token scenario for all users with its safe transactions, faster processing, all time availability, and worldwide usage. The REGENT...

Bitcoin price started a recovery wave above the $16,500 support against the US Dollar. The price is now trading above $16,500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $16,780 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $17,000 resistance zone. Bitcoin price is recovering above $16,500 against the US Dollar. BTC might extend its...

American banking watchdogs warned domestic financial institutions that delving into the world of crypto could carry various risks, such as fraud. The warning comes as a result of a catalytic 2022, which saw the demise of multiple cryptocurrency giants, including FTX, Terraform Labs, Three Arrows Capital, Celsius Network, and more. The collapse of those firms triggered multi-billion investor losses and infused panic in the industry, resulting in a massive market decline....

As we head into 2023, the markets are beginning to show some interesting movements, and Bitcoin is no exception. Its price is currently testing a key resistance zone, and the outcome would likely determine the short-term trend for the crypto market. Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price seems to be closing in on finally disrupting the consolidation of the last few weeks, as the 50-day moving average is being tested once more around the...