Markets

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Aptos, the so-called “Solana Killer,” has been the most heavily discussed topic in the past couple of days. The protocol had previously vouched for being able to handle up to 160,000 transactions per second (TPS), and its native cryptocurrency, APT, is about to hit major exchanges in hours. Now, traders are flocking to the market, but it’s the wrong one. The price of the native cryptocurrency of Apricot Finance (APT) has soared by a whopping 70% today in an otherwise...

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ADA price failed to surpass the $0.420 resistance and declined against the US Dollar. The price is now trading below $0.400 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.392 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.350 support zone. Cardano price is struggling below $0.40 against the US Dollar, similar to bitcoin. ADA price could...

Ethereum price is showing positive signs above the $1,300 level against the US Dollar. ETH price is now trading above $1,300 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1,290 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,340 resistance zone. Ethereum price is rising above the $1,300 level against the US Dollar. ETH/USD could rise further if it clears...

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Changpeng Zhao (CZ) – CEO of Binance – called out a Reuters journalist on Monday over a handful of “accusations” they’ve made against the exchange over the past several months.  The executive said the reporter has written several articles about Binance based on anonymous sources, and that they recently crossed into “indefensible territory” with their line of questioning.  Binance and Binance U.S. The most recent article that Binance took issue with, titled “How Binance CEO...

Jamie Dimon – the head of JPMorgan Chase – has often spoken ill of bitcoin, so we already know he’s not a major cryptocurrency fan. However, in a recent interview, he offered even harsher words about the world’s number one digital currency by market cap, going so far as to say it was a Ponzi scheme and saying it was “dangerous” for investors. Jamie Dimon Shows More Anger Towards BTC The bitcoin and cryptocurrency spaces have fallen into serious problems over the past...

Deeper Dive into Filecoin (FIL) Filecoin is a decentralized storage and distribution network. It connects customers and data storage providers from around the world to aim to achieve an efficient and robust marketplace for data storage needs. There are two verifiable markets: the Storage Market and the Retrieval Market. The Storage Market allows clients to pay storage miners to store data. The Retrieval Market allows clients to retrieve data by...

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