Markets

[PRESS RELEASE – Singapore, Singapore, 22nd April 2022] Leading Crypto Social trading exchange, BingX is extremely delighted to officially open its new office and establish a licensed cryptocurrency business in Lithuania. BingX is a global digital asset, spot and derivatives trading platform with branches in the United States, Canada, Australia, Hong Kong and Taiwan. As a technology and security-driven company, BingX is based on a broader global market and istrusted by...

[PRESS RELEASE – Please Read Disclaimer] One of the best things about the crypto space is that you have a million options to choose from. One of the hardest things about the crypto space is, well, trying to pick one! And in this highly competitive market, the ultimate winner is, without a doubt, a business that values its users the most. From fully insured wallets to passive income opportunities and amazing rewards, DIFX is indeed an exchange to keep an eye on. It provides...

This week saw the cryptocurrency market go through some serious turbulence, as the prices for the largest coins by means of total capitalization went on a rollercoaster. The tumultuous market dynamics ultimately resulted in a slight gain of about $15 billion added to the cap. Leading the market was, of course, Bitcoin. The price was sitting at around $40K this time last week, and it remained there for a few days. On April 18th, we saw BTC crashing below $39K to a monthly low,...

To many, 2021 was the year that saw tremendous growth in the popularity of non-fungible tokens and launched them into the mainstream. And even though the overall volume of NFT sales declined in 2022, the hype is far from over. During this year, however, the trend seems to have shifted from a fragmented market to one where blue-chip and high-end projects take center stage. And while some projects like the Bored Ape Yacht Club, CryptoPunks, Azuki, and others, continue to shadow...

Binance’s CEO reported earlier today that the company recovered nearly $6 million out of the $600 million stolen in the hack against the Ronin Network. These are among the first funds on the move since the exploit took place roughly a month ago. CZ took it to Twitter on April 22 to inform that the hacker group behind the largest DeFi exploit started to move some of the stolen funds. As part of it was transferred to Binance and was spread among 86 accounts, the exchange...

Bitcoin cash price started a fresh decline from the $354 resistance against the US Dollar. The price is now trading below the $340 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $338 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $315 support zone in the near term. Bitcoin cash price is struggling below $330 against the US Dollar,...

World-leading crypto exchange Binance has announced the hiring of former Financial Conduct Authority (FCA) and Financial Industry Regulatory Authority (FINRA) members to its team. The two are intended to help the exchange enhance its regulatory compliance with jurisdictions around the globe. According to a press release shared with CryptoPotato, Steven McWhirter (FCA) will join the company as Director of Regulatory Policy. His job will be to ensure Binance meets its...

Ethereum increased 10% from its lowest level at the beginning of the week (below $2.9K), and the bulls regained some market control. But the big question is whether the bearish short-term sentiment is over? Technical Analysis Technical Analysis By Grizzly The Daily Chart On the daily timeframe, the bulls were able to push the price towards the resistance range of $3200-$3300. As the Taker Buy/Sell Ration and Volume Delta shows, the buyer takers have been more powerful in the...

Like the rest of the crypto markets, ADA had recently seen major volatility. The bears were able to push the price down to over 30% since April’s high of $1.25, but on the other hand, the bulls have not yet been able to break out of the descending channel that accompanied the price from the all-time high. Technical Analysis Technical Analysis By Grizzly The Daily Chart: After increasing 60% in March, Cardano holders hoped to reach higher levels. However, the bears took...

EOS price started a recovery wave above the $2.50 resistance zone against the US Dollar. The price is now trading above $2.75 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $2.68 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume increase if it clears the $2.89 resistance zone in the near term. EOS price is showing bullish signs above $2.75 against the US Dollar,...