Markets

Litecoin is struggling to clear the $115 resistance against the US Dollar. LTC price is now trading above $105 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $109 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start another decline if it trades below $109 and $105. Litecoin price is struggling below $115 against the US Dollar, similar to bitcoin. LTC price decline heavily if...

Tether (USDT) is the most famous stablecoin and could be America’s forty-first largest bank, a tradingplatforms.com’s data presentation shows. The stablecoin has a market capitalization of about $79 billion per the presentation. That valuation means that USDT has surpassed the total value of all but the top 40 banks in the U.S. by market capitalization. With its market cap, Tether is now worth more than 41st-placed City National Bank. The latter has a valuation of $76 billion. Again USDT is...

The Russia-Ukraine crisis is far from cooling down anytime soon. In the thick of the ongoing chaos, the CEO and founder of the digital currency company Circle – Jeremy Allaire – asserted that crypto is a double-edged sword. In the Face of Crisis The cryptocurrency market is rallying in the face of a growing geopolitical crisis. In addition to increasing acceptance, the Ukraine crisis is yet another driver that has highlighted how Bitcoin and cryptocurrencies can act as a...

European Union lawmakers have removed a controversial paragraph that would have made all proof-of-work (PoW) based cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) illegal. Proposed Ban on PoW-Based Coins Deleted The Markets in Crypto-Assets (MiCA) framework, headed by Economic and Monetary Affairs (ECON) rapporteur – Stefan Berger – was originally scheduled for February 28. However, due to the vehement opposition over the language on the passage, fearing that it...

The price of bitcoin continues to take heavy dips, and many are wondering if a fall below the $30,000 mark is inevitable for the world’s largest and most popular cryptocurrency by market cap. Bitcoin Is Crashing, but It Could Crash More The price of bitcoin is taking serious plunges following Russia’s invasion of its neighbor Ukraine. The country is now in shambles and regions like the United States are seeking to impose sanctions on Russia now that it has moved forward...

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...

Tron price started a decent increase above the $0.0600 level against the US Dollar. TRX price is now trading above $0.0620 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0608 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if it clears the $0.0650 resistance zone. TRON price started a fresh increase above $0.0600 against the US Dollar, similar to bitcoin. TRX price...

Bitcoin price started a fresh increase from the $34,500 support 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 key bearish trend line with resistance near $41,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must clear $44,750 and then $45,800 to continue higher in the near term. Bitcoin price climbed higher above the $40,000 resistance against the US...

The global sports NFT market will see a transaction count of over $2 billion this year, Deloitte’s Technology, Media, and Telecommunications (TMT) Predictions 2022 has said.  Throwing a spotlight on the emerging Indian sports and entertainment NFT market, the TMT forecast says it will grow to $1 billion in the near future.  Global Sports NFT Trends “By the end of 2022, we expect that 4-5 million sports fans globally will have purchased or been gifted an NFT sports...

Large bitcoin investors, more specifically such holding at least 100 and 1,000 coins in a single wallet, have started accumulating once again in massive portions. At the same time, the so-called accumulation wallets – meaning those who were active lately but have not spent any BTC – charted a new all-time high. Bitcoin Whales on Buying Spree It’s safe to conclude that there’s a lot of uncertainty in today’s financial world. While humanity was about to reduce the impact of the...