Markets

Ripple price started a fresh decline from the $1.20 resistance against the US dollar. The price is now trading below $1.12 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.11 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down unless there is a clear break above $1.12. Ripple price is showing bearish signs below $1.12 against the US Dollar, unlike bitcoin....

Senate Democrats are calling for Facebook to give up Novi and exit the cryptocurrency space altogether. Will Facebook Cease All Crypto Ambitions? The news comes after it was announced that the social media giant was joining hands with popular cryptocurrency exchange Coinbase to support whatever assets it was set to offer those who took part in the latest Novi wallet testing phase. The testing is set to be carried out in the coming months in both the U.S. and Guatemala....

Bitcoin dipped below $60,000 once again in the past 24 hours but has recovered and currently stands above it. Most altcoins are also untypically calm this weekend, with ETH sitting north of $4,000. Shiba Inu, though, charted a new all-time high hours ago. Bitcoin Remains Above $60K All crypto eyes in the past few weeks were on the launch of the first-ever Bitcoin Futures ETF in the United States. After years of waiting, the Securities and Exchange Commission finally allowed...

[FEATURED CONTENT] Selecting fundamental projects, performing risk assessment, and portfolio diversification won’t necessarily offset the risks associated with your crypto investments. They only make one crucial part of securing your assets. The other crucial measure to secure your digital investment is to choose a secure wallet, and it applies to both investors and traders. Your crypto assets will remain safe as long as your private keys don’t fall into the wrong hands. The...

What is the best thing the cryptocurrency ecosystem could do to ensure its global success? Boost the dominance of stablecoins. Anyone who disagrees is free to debate with Emin Gün Sirer, CEO of Ava Labs, the company behind the succesful Avalanche protocol, who explained to Business Insider that stability must reign in the world of decentralized currencies if they are to be attractive to the general public. Stablecoins Will Be The Next Big thing ISpeaking to Business Insider,...

The price of bitcoin has skyrocketed in recent days, and the world’s number one digital currency by market cap has reached a new all-time high. At the time of writing, bitcoin is trading for roughly $66,000 per unit. Bitcoin Is Bigger and Better Than Ever The journey of bitcoin has been a long and arduous one. No doubt it has come with many hardships, but it has also seen many significant joys – just as it is today. At $66,000, bitcoin has never been higher. 2021 marks a...

Pacaso – a leading real estate firm – has announced it will begin accepting cryptocurrency payments from users looking to purchase or invest in a second home. Pacaso Is Allowing Crypto Payments for Second Homes The property in question cannot be a first-time buy. The company wants to ensure the customers in question have a little experience in the real estate market before they commit to a cryptocurrency-based purchase. That said, Pacaso realizes that digital currencies...

Following the past several days of surging higher and higher, BTC corrected hard in the past 24 hours and even dipped below $60,000 briefly. Most altcoins followed suit, and the entire market cap lost more than $150 billion since its peak earlier this week. Bitcoin Lost $7K in Days The main focus in the cryptocurrency space in the past week or so was on the first-ever Bitcoin Futures ETF going live in the United States on Tuesday. The euphoria for such a long-anticipated...

[Featured Content] In recent months, DeFi-based non-fungible token (NFT) games have been pumping to record highs, accumulating tens of thousands of users globally.  They adopt the play-to-earn business model that allows gamers to earn crypto rewards while playing their favorite games.  There are thousands of NFT games already in the market, and more are being launched every day. But even with the long list of games available, blockchain gamers are still looking for something...

A bitcoin-based exchange-traded fund (ETF) has finally made its way to the middle of North America. The United States has long awaited the introduction of a bitcoin ETF after many years have gone by of companies submitting applications only to have them rejected ungraciously. A Bitcoin ETF Has Made Its Way to the U.S. This new product is being offered by Pro Shares and is being traded on the New York Stock Exchange (NYSE). It trades under the ticker BITO, and investors...