Markets

Bitcoin’s recent uptrend has paused temporarily upon arriving at the major swing level of roughly $22.8K. Although there are some bullish signs based on the on-chain analysis, there is a significant resistance region ahead in Bitcoin’s path. Technical Analysis By Shayan The Daily Chart The market appears to be looking for direction as the price has now reached a critical resistance zone. The descending trendline had been supporting the price until Bitcoin experienced a sudden...

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The digital asset markets have been shaky in the past year, but the blockchain sector continues to scale as demand intensifies from both crypto-native as well as traditional institutions eyeing to leverage the space. Decentralized smart contracts platform Injective is the latest to announce a new $150 million ecosystem initiative to spur the adoption of interoperable infrastructure and DeFi. Leading the charge is a consortium of prominent Web3 players such as Pantera Capital,...

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Coinbase – one of the largest and most popular digital currency exchanges in the world – has announced it will pay roughly $50 million in settlement fees to New York regulators for allegedly failing to comply with the Empire State’s anti-money laundering laws. Coinbase Allegedly Did Not Comply with Anti-Money Laundering Laws Regulators say that Coinbase has several older accounts that it hasn’t bothered to apply anti-money laundering laws to. There have been several...

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Tron price started a fresh downside correction from the $0.064 zone against the US Dollar. TRX price is now trading below $0.0620 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0620 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0585 support zone. TRON price started a downside correction below the $0.0620 against the US Dollar, similar bitcoin. TRX...

Bitcoin price started a fresh increase from the $20,400 zone against the US Dollar. The price is now trading above $22,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $22,450 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 $21,500 resistance zone. Bitcoin price is rising above $22,000 against the US Dollar. BTC might extend gains if...