Markets

The past week went over the flag of war taking place in Europe following Russia’s invasion of Ukraine. All eyes were on the conflict while global markets and cryptocurrencies were as volatile as ever. Let’s start with Bitcoin. Last week this time, things were looking relatively calm for Bitcoin despite the ongoing war between Russia and Ukraine. At that time, major economic forces such as the EU and the US hadn’t yet enforced any serious sanctions as most of them were still...

Lugano, a city in southern Switzerland, has introduced Bitcoin and Tether in addition to its own LVGA Points token as legal tender. The initiative was backed by the collaboration between Tether Operations Limited, the tech company behind the largest stablecoin by market capitalization, USDT. Tether and the City of Lugano plan to work toward the shared goal of scaling the city’s blockchain capabilities and transforming Lugano into a major hub for European DLT adoption. Plan ₿...

Bitcoin cash price started a fresh decline from the $344 resistance against the US Dollar. The price is now trading below the $310 zone and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $315 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $300 support in the near term. Bitcoin cash price is struggling below $310 against the...

Despite heavy calls from environmentalists to end the practice, it doesn’t look like crypto mining is leaving us anytime soon. In fact, it appears that the space is going to get even bigger in the coming years. Crypto Mining Continues to Expand There is a widespread desire for digital assets, and as this desire grows, miners are being asked to place more units into circulation. Thus, crypto mining is still very much in style, and so long as people continue to demand...

With bitcoin – the world’s number one digital currency by market cap – dropping every two minutes, there are many analysts out there weighing in and giving their thoughts and opinions about where the asset will go. Bitcoin Has Fallen Again There is wide speculation that bitcoin could fall below the $30,000 mark in the coming weeks. Michael Saylor of MicroStrategy fame says: Nation state conflicts create uncertainty, constrain production, weaken currency, cripple trade,...

Ever since Decentralized Financed (DeFi) captured the imaginations of finance experts, Solanax has been making great strides to turn their most ambitious dreams into reality. Today, we are immensely proud to announce that we have succeeded – today marks the launch of the Solanax DEX, which is already live with swap and liquidity pool functionality enabled.  Being based on a permissionless, high-performance, Proof-of-History (PoH) blockchain, Solanax is able to ensure...

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Press Release: The MENA region’s first non-fungible token (NFT) premium content media project comes in partnership with ANCORE Strategy and AFTERMEDIA. Zurich, Switzerland, March 3, 2022: MBC GROUP announced today the launch of The Fananees (NFT) Genesis Collectibles – thus offering its most popular characters in digital Intellectual Property (IP) to the wide community of NFT enthusiasts, experts and collectors across the Middle East North Africa (MENA) region. These...

EOS price started a fresh increase above the $2.00 zone against the US Dollar. The price is now trading above $2.10 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $2.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could gain bullish momentum if there is a clear move above the $2.30 level. EOS price is showing bullish signs above $2.10 against the US Dollar, similar to...

To say that the capital market is complex would be an understatement. Only seasoned investors can reap lucrative returns from the volatile market in the long run. For laymen, trading and investment remain a gamble. That doesn’t always have to be the case, though. Quwiex helps investors step up their game with handpicked trading options and strategies. It enhances the speed, safety, and ease of trading through automation. The company works with a mission to make crypto...