Markets

The recent Bitcoin recovery had the majority of market participants hoping for a new bull market. However, after yesterday’s USA Consumer Price Index announcement, it seems like it was all another bull trap, and the market can still drop deeper. Technical Analysis By: Edris The Daily Chart As seen on the daily Chart, the price had rebounded from the $18K level and was moving towards the $24K resistance level. However, the 50-day and 100-day moving average lines, accompanied...

Das beste Gefühl eines jeden Anlegers ist, den perfekten Preis beim Ein- oder Verkauf eines Investments zu erwischen. Leider sind solche Erlebnisse oft nur glückliche Einzelfälle. In der Regel erzielen Anleger, die den besten Kursen hinterherjagen, auf lange Sicht eine deutlich geringere Rendite als der Gesamtmarkt. Dieses Problem ist aber leicht zu beheben – und zwar mit einem äußerst geringem Aufwand. Der Trick heisst Sparplan. Einige grosse Bitcoin-Börsen wie beispielsweise Bitpanda bieten...

Solana price started a fresh decline from the $39.00 resistance zone against the US Dollar. The price is now trading below $35 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $35.90 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $32.80 support zone. Solana price is trading below $35 against the US Dollar, similar to bitcoin....

INTERNET CITY, DUBAI, Sep. 13, 2022 – LBank Exchange, a global digital asset trading platform, has listed SatelStar (STSR) on September 13, 2022. For all users of LBank Exchange, the STSR/USDT trading pair is now officially available for trading. Utilizing the power of blockchain technology, SatelStar (STSR) is here to gain market dominance in the commercial satellite market by improving communication security, data exchange transparency, irreversible information...

Bitcoin price started a fresh decline below the $22,000 zone against the US Dollar. The price is now trading below $21,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $20,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair remains at a risk of more losses below the $20,000 level in the near term. Bitcoin price is struggling below $21,000 against the US Dollar. BTC might extend...

In the final days leading up to Ethereum’s historic “Merge,” the largest American cryptocurrency exchange has provided some insight into the risks associated with the upgrade.  Coinbase’s Senior Protocol Specialist Ben Rodriguez explained that the Merge may come with technical and operational risks, alongside risks for miners and dapp users. Risks of the Merge Per Rodriguez’s latest post, the merge will be “the most technically complex upgrade to have ever happened in...

Bitcoin isn’t doing too well as of late. The world’s largest digital currency by market cap has fallen from its November all-time high of approximately $68,000 per unit to the low $20K range at the time of writing, and it doesn’t look like it’s going to pick up steam anytime soon, but according to Jesse Powell – the CEO of crypto exchange Kraken – the asset shouldn’t be discounted, and he’s continuing to buy new units whenever he can. Jesse Powell on Bitcoin: It’s Still...

Crypto lending platform Celsius Network has received permission from the judge overseeing its bankruptcy case to sell all the bitcoin it holds. The company has overcome opposition from unsecured creditors, which helped the court to rule in the company’s favor regarding its crypto assets, though the firm is not allowed to sell any of its stock shares or other assets. Celsius Will Part with All Its Bitcoin Celsius has been feeling the heat as of late. Things started off...

The Consumer Price Index numbers for August are in, and, as always, this caused major volatility within the cryptocurrency markets. At the time of this writing, Ethereum, as well as Bitcoin, are charting initial declines. The US Bureau of Labor Statistics just updated the numbers for the Consumer Price Index for August and they are slightly above expectations. The August inflation locked in at 8.3%, which is 0.2% higher than what experts expected. This represents a 0.1%...

Both personal finance and business finance is changing dramatically with the introductions of new technologies and businesses entering the market looking to revolutionise the space. While the traditional payday loans bad credit direct lender is still in high demand, the finance industry as a whole is likely to see a whole wealth of new changes over the next decade. Here, we’re taking a look at some of the essentials that we believe will make up the finance industry over...