Markets

Global xChange LTD. („Finexify“), a boutique investment firm that provides investors with an opportunity to gain exposure to and profit from the Decentralized Finance (DeFi) space by deploying a liquidity mining market-neutral strategy, announced its Ethereum Green Legend Fund’s results as of 31 October 2021. According to Finexify’s announcement, both Ethereum and stablecoin investors (USDT/USDC/DAI) earned 2.94% on their investment in the month of October 2021. Stablecoin gross cumulative...

Shiba Inu (SHIB) has seen its price fade over the past few days. Measured since its all-time high, it dropped more than 50% earlier today, before recovering slightly to where it currently trades. Many in the cryptocurrency are currently playing the “I told you so” card as the price of Shiba Inu (SHIB) is down almost 50% since its all-time high charted just a week ago. The tides seem to have turned considerably as the euphoria that the market saw back then has now turned to...

Bitcoin cash price started a major increase above the $580 zone against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $592 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating gains and it could eye more upsides above $615 and $620. Bitcoin cash price is showing positive signs above $595 against the US...

Michael Saylor – the man behind software firm MicroStrategy – has become a certified BTC billionaire. Saylor Has a Lot of Bitcoin Both Saylor and his company have done remarkable well when it comes to bitcoin investments. MicroStrategy has continued to invest in the world’s number one digital currency by market cap, adding approximately 9,000 individual units during the September quarter alone. Overall, MicroStrategy owns about 114,000 units of BTC at press time, all of...

Recently, LBank Exchange held an AMA session with the Polygon team, discussing Polygon’s achievements, collaborations, NFT and Gaming markets, Nightfall solution, future plans and so on. Here’s the summary of this AMA. Ethereum is the blockchain development platform of choice, but it has limitations such as low throughput, poor UX, and no sovereignty. As a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, Polygon breaks through...

CME Futures, the futures-exchange giant that offers regulated bitcoin services, has secured a massive investment from Google worth $1 billion aiming to transfer its core trading systems to the cloud. The news was first reported by the Wall Street Journal, and informs that the tech giant will provide its cloud services to CME to “power markets that handle trillions of dollars in trades each day.” The two parties have agreed on a ten-year partnership. CME will strive to onboard...

[Featured Content] The NFT market is growing by leaps and bounds, and the entertainment industry has benefited from it greatly. Aside from Beeple’s ‘First 5000 Days,’ CryptoPunks, and other popular digital artwork, collectible sports cards like the NBA’s Top Shot are currently making waves both within and outside the crypto space. These non-fungible tokens represent an irrefutable proof of ownership for digital content, with each being very unique and distinguishable on the...

Since the birth of blockchain technology, crypto has been affecting the real life in various ways. A project named NasaDoge is aiming to bring innovative applications to its ecosystem, making NasaDoge tokens purchased by investors turn into values that they can use in real life. It combines finance, nature and sports, turning digitality into reality. Introducing NasaDoge NasaDoge is a project that created with a professional team that combines the crypto money market and...

EOS price started a fresh increase above the $4.00 zone against the US Dollar. The price is now trading above $4.50 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $4.60 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate higher if there is a clear break above $4.90 and $5.00. EOS price is showing positive signs above $4.50 against the US Dollar, similar to bitcoin. The...

Litecoin price started a fresh increase from the $172 support against the US Dollar. LTC price is now trading above $195 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $195 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise as long as it is above the $188 support level. Litecoin price is moving higher and trading near $200 against the US Dollar, similar...