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Read More »Cardano (ADA) Price Analysis: Risk of Heavy Losses Below $0.40
ADA price failed to surpass the $0.450 resistance and declined against the US Dollar. The price is now trading below $0.420 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.410 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.385 support zone. Cardano price is struggling below $0.42 against the US Dollar, similar to bitcoin. ADA price could...
Read More »Ethereum Price Analysis: ETH Reaches Key Juncture, Key Support Nearby
Ethereum price started a fresh decline from the $1,380 zone against the US Dollar. ETH price is now trading below $1,325 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,300 on the 4-hours chart (data feed from Coinbase). The pair could decline heavily if there is a clear move below the $1,250 support zone. Ethereum price is struggling below $1,350 against the US Dollar. ETH/USD remains at a risk of more...
Read More »From Over $620K to $10: Logan Paul’s Unsuccessful NFT Investment
The American YouTuber, actor, and social media personality – Logan Paul – sits on a $623,000 unrealized loss due to his investment in a non-fungible token (NFT), part of the Azuki collection. His interaction with cryptocurrencies is not successful, too. Due to the market crash, the valuation of his holdings has shrunk by over $500,000. Logan Paul’s Crucial Paper Losses Similar to many other individuals, the popular YouTuber hopped on the crypto bandwagon last spring when the...
Read More »LCX Relaunches Regulated Cryptocurrency Exchange
LCX Relaunches Regulated Cryptocurrency Exchange LCX, Liechtenstein’s leading blockchain company, has relaunched its crypto currency exchange – the regulated cryptocurrency trading experience to buy, sell and store a variety of digital assets. Originally launched in 2018, the LCX Exchange Revamp is another milestones in LCX’s growth roadmap establishing the foundational framework including its new backbone infrastructure, scalable account wallets...
Read More »Calm Before the Storm: Bitcoin Rangebound Since June, Breakout Incoming? (BTC Price Analysis)
The crypto market continues to go through a phase of uncertainty and low volatility alongside steady price action. Currently, Bitcoin is trapped in a range, and the direction it takes to break away from it would determine the cryptocurrency’s mid-term direction. Technical Analysis By Shayan The Daily Chart Despite the descending multi-month trendline acting as significant resistance, the price has broken through and formed a pullback. However, at this moment, the bullish...
Read More »Coincred’s Giant Leap Makes it an International Exchange
[PRESS RELEASE – Please Read Disclaimer] CoinCRED, the Indian crypto exchange, has announced that it has entered the UAE crypto market. The official at CoinCRED stated that they got a remarkable response from the Indian market. They are growing at a good pace in the market and claim to be global. The officials of CoinCRED claim the exchange is achieving the set mission goals as per the company’s roadmap. According to the reports, it has shown an average growth rate of 19.4%...
Read More »Crypto Exec Ryan Salame Donates Millions to GOP Candidates
Ryan Salame is a 29-year-old libertarian-leaning republican who also works heavily in cryptocurrency. He runs FTX Digital Markets in the Bahamas where he presently lives, and he just shelled out more than $13 million of his own money to support a bunch of GOP candidates in the present midterm primaries. Ryan Salame Believes in the Republican Party The ironic thing about this situation is that recently Sam Bankman-Fried – who also is tasked with running FTX divisions –...
Read More »What Are the Best Platforms for Automated Trading?
Automation is the king of the contemporary crypto market that operates around the clock and does not tolerate hesitation and doubt. Just a decade ago, the vast majority of market operations were conducted by human traders with robots being used only occasionally. Today, you cannot use strategies designed for intraday trading and scalping without employing a powerful automated trading platform that performs reliably. Due to skyrocketing demand, the market became...
Read More »Stellar Lumen (XLM) Price Eyes More Upsides Above $0.13
Stellar lumen price started a fresh increase above the $0.1200 resistance zone against the US Dollar. XLM price is now trading above $0.1200 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.1240 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.1240 and $0.1200 support levels. Stellar lumen price is trading above $0.1200 against the US Dollar, similar to bitcoin....
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