Markets

[PRESS RELEASE – Please Read Disclaimer] It’s been just over a decade since the creation of bitcoin, and with it, the niche has blossomed to become a multi-trillion-dollar space with unparalleled potential. With great power, though, comes great responsibility. In crypto’s case, this responsibility has to be focused on education, which is essential given the growing number of newcomers that require help to enter the market. This is where applications such as SimpleLearn step...

New information has come about regarding the dips incurred by the Celsius Network that have traders and analysts raising a few eyebrows. What’s Happening at Celsius? Not long ago, it was announced that Celsius was going to give traders their money back and that it was going to allegedly try and make things right with its customers. This made it appear as though Celsius was something of a victim company. A firm that fell to the ongoing volatility and speculation of the...

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Stellar lumen price started a fresh decline from the $0.1150 resistance zone against the US Dollar. XLM price is now trading below $0.1125 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $0.1100 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.1100 and $0.1080 support levels. Stellar lumen price is trading below $0.1150 against the US Dollar, similar to...

Ripple price started a fresh decline from the $0.4820 resistance against the US dollar. The price is now trading below $0.460 and near the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.4685 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a steady increase if it clears the $0.4820 and $0.5000 resistance levels. Ripple price is struggling below $0.4820 against the US...

On Oct. 26, crypto giant Binance announced Binance Oracle, a new service that will source, verify, and feed off-chain data to smart contracts running on the BNB Chain. The company claims that the Oracles will provide a “more reliable, secure, and accurate data sourcing solution for smart contracts.” The new service, which launches this month, will enable existing Web3 dApps and BNB Chain partners to access oracle data sources. The company confirmed that more than ten projects...

After getting rejected by the mid-term descending trendline for several months, Bitcoin finally broke above this obstacle and now attempting to surpass the 100-day moving average line. However, the momentum hasn’t turned bullish yet, whereas BTC had formed a bearish reversal pattern in the lower timeframes. As of yet, there is no sign of a trend reversal in the price action. Technical Analysis By Shayan The Daily Chart Bitcoin has formed a bearish triangle pattern and found...

Crypto adoption is shooting through the roof despite the bear market and uncertainty surrounding asset prices, according to recent findings from the leading decentralized application (dApp) analytics platform DappRadar.  The analysis, dubbed the Blockchain Behavior Report, outlined major trends that affected the blockchain space in the last quarter, including regions where crypto adoption accelerated in both usage and regulatory efforts. Countries That Led Crypto Adoption in...

It’s happened again, folks. Another hack is in the books, but this one was not only large, but also unexpected. The victim this time around is Binance, the largest and most powerful digital currency trading platform in the world. Binance Has Lost a Lot of Money At the time of writing, the exchange has lost more than $600 million in a cyberattack. All the funds in question were in BNB, which stands for Binance Coin. It is the exchange’s native token. The exchange reported...