Markets

Bitcoin price started a fresh increase from the $21,500 zone against the US Dollar. The price is now trading above $22,500 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $23,240 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $22,200 support zone. Bitcoin price is rising above $22,500 against the US Dollar. BTC might extend gains...

NFT marketplace SudoSwap said it debuted its native governance token called SUDO with an airdrop of coins to early supporters. The move comes amid a recent resurgence in NFT trading volume after a lull that was part of a broader downturn in crypto activity. SUDO Tokens to Be Airdropped to SudoSwap LPs SudoSwap announced the launch of its SUDO token on Monday, Jan. 30. The token release, updated earlier today, included an airdrop for early supporters of the project. The SUDO...

Strike – a Bitcoin payment company and wallet provider – has expanded its “Send Globally” feature to the Philippines, allowing locals to receive lightning-based remittances directly to their bank account.  This marks the second-wave rollout for Send Globally after its initial release to Africa in December.  Fixing the Remittance System In a press release published on Tuesday, Strike explained that its new feature enables “fast, secure, and low-cost” money transfers between...

Huobi Global – one of the world’s biggest digital currency exchanges – has announced that it’s going to release approximately 20 percent of its staff due to the ongoing volatility and speculation of the digital currency industry. Huobi Global Is Parting with Several Staff Members A Huobi spokesperson said: With the current state of the bear market, a very lean team will be maintained going forward. Huobi employed about 1,600 people in October of last year. With the 20...

Boston-based communications firm Media Shower has unveiled its new BMJ Reward Token, a blockchain-focused reward system that provides digital rewards to the paid, premium subscribers of its Bitcoin Market Journal (BMJ) newsletter. Media Shower Is Delivering a New Kind of Digital Rewards Token Media Shower has spent the last several months developing real-time rewards for its users. Many of these rewards include uniquely branded clothing items like hoodies, shirts, socks,...

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ADA price seems to be in a bullish zone above the $0.35 level against the US Dollar. The price is now trading above $0.36 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.368 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it clears the $0.380 and $0.392 levels. Cardano price is showing positive signs above $0.355 against the US Dollar, similar to bitcoin. ADA price could...