Markets

After months of waiting, NFT enthusiasts can finally visit the Coinbase non-fungible token platform, a Web3 marketplace for such collectibles. The beta version is live on Tuesday, and, as of now, only beta testers selected from the waitlist can create profiles to transact NFTs, but the site is open for anyone to check out the first version of Coinbase’s take on the industry. A Marketplace Beyond NFT Transactions Coinbase will gradually allow more people to use the platform...

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Solana price extended decline below the $100 support against the US Dollar. The price is now back above $100 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $102 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $110 to continue higher in the near term. Solana price is recovering above $100 against the US Dollar, similar to bitcoin. SOL could gain pace if there is a...

Bitcoin price extended decline below the $40,000 zone against the US Dollar. The price is now trading above $40,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $41,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a steady increase if there is a move above the $42,000 level. Bitcoin price is recovering above $40,000 against the US Dollar. BTC could recover...

Ethereum started the week on the green side. After the bears pushed the price down to $2880 yesterday, the bulls entered the market and were able to close the daily candle in green, with a nice wick to the downside (bullish structure). It remains to be seen whether the bulls can take control of the market. Technical Analysis Technical analysis by Grizzly The Daily Chart ETH is trading within an ascending channel (marked yellow). The top of this channel is around $3800, and...

INTERNET CITY, DUBAI, Apr. 19, 2022 – LBank Exchange, a global digital asset trading platform, will list Beauty bakery lott (LOTT) on April 21, 2022. For all users of LBank Exchange, the LOTT/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on April 21, 2022. The trends of non-face-to-face ‘untact’ and ‘community’ have greatly impacted all kinds of industry including the beauty and healthcare since COVID-19 happened. Partnered with Beauty...

ADA price started a steady decline from the $1.10 resistance against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.950 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if there is a break below the $0.880 support. Cardano price is declining below $1.00 against the US Dollar, similar to bitcoin. ADA price could start a...

There are now a total of 80,300 NFT collections on the Ethereum blockchain, up from 15,540 year over year. Meanwhile, Ethereum addresses holding one or more NFTs have also skyrocketed as the industry is getting widely adopted, despite the recent market turbulence in the crypto space. Interest in NFTs Continues to Increase Though the broader crypto market has been on a months-long downtrend dating back to November 2021, the enthusiasm associated with NFTs activities has shown...

Hyundai Motor Company will become the first automaker to hop on the community non-fungible token (NFT) market. The organization will launch 30 limited digital collectibles in collaboration with the NFT brand “Meta Kongz.” Another Well-Known Name Joining the NFT Craze The South Korean car giant – Hyundai Motor Company – released a film depicting the “Metamobility Universe.” The latter reflects on the entity’s NFT endeavors, first unveiled earlier this year. In the film, the...

Scott Melker is a popular cryptocurrency analyst and influencer with a captivating story of a former world-renowned DJ who stepped back from his professional career in music and turned to crypto. The Wolf of All Streets – as he’s better known on social media – has been a guest on our podcast before and if you want to learn more about his past career as a DJ, make sure to check out the episode from 2021. Back then (June 2021), Bitcoin’s price had dropped from its former...