Markets

Ripple has been experiencing a sideways trend below the stiff resistance for nearly three weeks and has remained range-bound between 0.36$ and $0.39 for the largest part. Technical Analysis By Grizzly The Weekly Chart: It appears that neither side is able to take assert convincing dominance in the market for XRP. The bulls need to flip the horizontal resistance at $0.39 (in red) to start a rally. The intersection of this resistance with the descending line (in yellow) has...

Bitcoin’s relief rally from the $20K area seems to be coming to an end, as the $24K resistance level is rejecting the price once again. The 100-day moving average also acts as a resistance near the same level. Technical Analysis By Edris The Daily Chart: The 50-day moving average, which is currently located around the $22K level, could provide some support and initiate a rally above the $24K resistance level. In this case, a rapid rise towards the $30K supply zone would be...

Kain Roomes is a 29-year-old crypto trader that has seen his wealth plunge in recent weeks following one of the most horrendous crypto crashes in history. How Much Has Roomes Lost? The digital currency scene has been one of ugliness and depression as of late. The digital currency arena has lost more than $2 trillion in overall valuation, and it looks like it may take a while for things to recuperate. The world’s number one digital currency by market cap (bitcoin) for...

INTERNET CITY, DUBAI, Aug. 16, 2022 – LBank Exchange, a global digital asset trading platform, will list THANKQ (TQP) on August 18, 2022. For all users of LBank Exchange, the TQP/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on August 18, 2022. As a point (coupon) exchange/integrated payment platform applied with blockchain technology, ThankQ Protocol seeks to implement a new ecosystem in the corporate point and coupon market that benefits...

INTERNET CITY, DUBAI, Aug. 18, 2022 – LBank Exchange, a global digital asset trading platform, has listed Crypto Finance Coin (CTFC) on August 18, 2022. For all users of LBank Exchange, the CTFC/USDT trading pair is now officially available for trading. Providing safe cryptocurrency investment solutions, Crypto Finance operates its own DeFi platform and NFT platform to form an ecosystem with tokens and coins that have real growth value. Its native token Crypto Finance...

INTERNET CITY, DUBAI, Aug. 15, 2022 – LBank Exchange, a global digital asset trading platform, has listed PETT on August 15, 2022. For all users of LBank Exchange, the PETT/USDT trading pair is now officially available for trading. Connecting pet care in blockchain-based tracking platform, Pett Network builds an ecosystem that will expand to all pet owners, service providers and producing facilities. Its native token PETT has been listed on LBank Exchange at 17:00...

EOS price rallied over 15% and climbed above the $1.50 resistance against the US Dollar. The price is now trading above $1.40 and the 55 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $1.30 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $1.40 and $1.34 support levels. EOS price is rising above $1.40 against the US Dollar, similar to...

In his latest blog post, former BitMEX CEO Arthur Hayes broke down how he expects Ethereum traders to react before and after the merge. Based on the technicals of the upgrade, he suspects that Ethereum will rally after a successful transition in September, similarly to how Bitcoin rallies during its periodic halving cycles.  The Theory of Reflexivity In an article titled “ETH-flexive,” Hayes centers his bullish thesis around George Soros’s “theory of reflexivity.” The theory...

Everything rises and falls on leadership, but which of the leaders should be held responsible for the massive dump of the Terra Network? Various cryptocurrency tokens such as SafeMoon have been bearish for the past few days due to the Fed’s increase in interest rate. The Terra Network has been one of the most reliable in the crypto industry for the last year. Should the leadership of the Terra Network be held responsible? Or the Federal Reserve leadership who have raised...

Thomas Peterffy – a brokerage pioneer and billionaire investor – explained in a recent interview that he thinks bitcoin will eventually become worthless given inflation is slated to last for several more years. Thomas Peterffy Says BTC Will Fall to Zero The 77-year-old founder and chairman of the online trading platform Interactive Brokers took note of the fact that inflation in America has reached 9.1 percent, a new all-time high for the most powerful country in the...