EOS price started a fresh decline from the $1.95 resistance against the US Dollar. The price is now trading below $1.55 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.40 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $1.30 and $1.26 support levels. EOS price is declining below $1.55 against the US Dollar, similar to bitcoin....
Read More »Litecoin (LTC) Price Analysis: Bulls Struggle Near $56 and $58
Litecoin started a fresh decline from well above the $60 zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $55 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $58 and $60 levels. Litecoin price is struggling below $58 against the US Dollar, similar to bitcoin. LTC price...
Read More »Bitcoin Mining Difficulty Sees Largest Increase Since January
Bitcoin’s hash rate is recovering fast – and it has the mining difficulty to prove it. The network’s latest difficulty adjustment rose the mathematical bar for mining a block by 9.26% – the largest increase since January. That’s the third adjustment in a row during which network difficulty has risen, despite a bear market that inflicted serious pain on the mining industry. Bitcoin Remains Secure According to data from BTC.com, Bitcoin’s difficulty recovered to 30.98 trillion...
Read More »Following a Slight Recovery, Here’s the Major Level for XRP Bulls to Target (Ripple Price Analysis)
Ripple has increased by 4% as the crypto market began to recover over the last two days. One explanation for this can be found in the DXY index reaching a stiff resistance. However, the sentiment across risk-on markets continues to be bearish. Technical Analysis By Grizzly The Weekly Chart The trend structure became bearish after the formation of a lower high and lower low on the daily chart. After failing to push the price above the horizontal resistance at $0.39 (in red),...
Read More »Bitcoin Defends $20K But is Another Drop Imminent? (BTC Price Analysis)
The Bitcoin bear market appears to be far from over as the price has dropped to the bulls’ last line of defense before another massive leg down. The short-term and even mid-term price action of Bitcoin could be determined in the next few days. Technical Analysis By: Edris The Daily Chart Looking at the daily chart, the recent downtrend was initiated after the price was rejected from the $24K static resistance level. Moreover, it was rejected from the 100-day moving average at...
Read More »SolidusX Lets Users Tap into Global Markets
[PRESS RELEASE – Please Read Disclaimer] Since bursting onto the scene in March, SolidusX has won plaudits from professionals and first-time investors alike, thanks to its reasonable fees, high functionality, and broad range of easy-to-use features “Our overriding aim is always support and guide investors toward a prosperous financial future,” David Ginsburg, Investment Director at SolidusX, says. “And we have the tools, the market expertise, and the cutting-edge platform to...
Read More »Anthony Scaramucci: BTC Has Bottomed Out
Could the worst of the crypto bear market be over? According to former White House communications director and crypto bull Anthony Scaramucci, the price of bitcoin has officially bottomed out. Investors will not see things get worse from here, and he thinks BTC is fairly valued at around $40K. Scaramucci Thinks the Worst Is Over In a recent interview, Scaramucci stated: We believe that the leverage has been blown out of the system. I don’t think it’s going below the low...
Read More »justTRADE-Analyse: Zertifikate bieten auch in herausfordernden Zeiten Chancen – und sind bei Anlegern entsprechend beliebt
Die jüngste Statistik des Neobrokers justTRADE zu den Umsätzen mit Zertifikaten offenbart erstaunliche Daten. So passen Käufer dieser Produkte ihre Vorlieben offenbar regelmäßig dem Marktumfeld an – das zeigt sich gerade nach dem Beginn des Ukraine-Krieges Ende Februar. Aktuelle Markteinschätzung von Michael B. Bußhaus, Gründer und Geschäftsführer von justTRADE Anleger, die mithilfe von Zertifikaten am Kapitalmarkt aktiv sind, bleiben dieser Kategorie in turbulenten Zeiten nicht nur treu,...
Read More »OpenSky Finance: The first integrated peer-to-pool and peer-to-peer NFT lending protocol launched on Ethereum
INTERNET CITY, DUBAI, Aug. 31, 2022 – OpenSky Finance launched on Ethereum mainnet. NFT holders can stake their BAYC, CryptoPunks, or MAYC NFTs to take out an Instant loan for up to 40% of the floor price. OpenSky borrowers can also pledge their BAYC, CryptoPunks, MAYC, Moonbirds, Doodles, Azuki, and 11 additional whitelisted NFT collections to make a peer-to-peer loan offer. OpenSky Finance is the first integrated peer-to-pool and peer-to-peer NFT lending protocol built...
Read More »LBank Weekly Listing Report, 29th August 2022
INTERNET CITY, DUBAI, Aug. 29, 2022 –As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 29th August. For a more...
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