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Binance Announces $1 Billion Fund to Propel Binance Smart Chain Ecosystem

The world’s leading cryptocurrency exchange, Binance, has announced a $1 billion fund to further accelerate the development of projects in the Binance Smart Chain ecosystem. Binance has just announced that it plans to put aside $1 billion towards the development of projects based on the Binance Smart Chain. According to the official release, the program will be divided into four groups, each one of which aimed at different goals and challenges. $100 million will go towards...

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The Future of Online Gambling Will Benefit with the Continued Introduction of Cryptocurrency

Given that the online gambling industry is continuing to experience a growth that is unprecedented compared to many other market sectors, it does not come as a surprise that there are questions about the role that bitcoin can play in the future. Indeed, if there was ever an industry that could challenge in regards to honors about being the quickest in terms of growth, then the cryptocurrency sector is certainly going to have to be in the conversation. However, it would...

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Cardano (ADA) Price Analysis: Key Support Nearby At $2

ADA price is struggling to clear the $2.32 and $2.35 resistance levels against the US Dollar. The price is now trading below $2.20 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.20 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase unless there is a break below $2.00. Cardano price is struggling below the $2.32 resistance against the US Dollar, unlike bitcoin. ADA price must...

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Ethereum Price Analysis: ETH Eyes Upside Break Above $3,650

Ethereum price started a fresh increase above $3,200 against the US Dollar. ETH price is now trading above $3,300 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could continue higher as long as it is above the $3,300 support zone. Ethereum price is showing positive signs above $3,300 against the US Dollar. ETH/USD could accelerate higher above the...

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JPMorgan Chase CEO Still Thinks Bitcoin is Worthless —But His Clients Disagree

Bitcoin’s impressive performance has shut the mouths of several skeptics who have had to acknowledge that -at least since the last few years- there is some merit in investing in this cryptocurrency. Jamie Dimon, CEO of JPMorgan Chase, is NOT in this group. The well-known businessman has again doubled down on his views on Bitcoin, asserting that from his perspective, the cryptocurrency lacks any intrinsic value, and he does not advise taking it as a serious investment. The CEO...

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Bitcoin Has Boomed By Another $4,000

The bitcoin and cryptocurrency spaces are really starting to pick up speed. At the time of writing, the world’s primary digital currency by market cap is trading for just over $54,000, which is about $4,000 higher than where it was just a few weeks ago. Bitcoin Continues to Make Its Mark On the World The currency typically experiences bearish activity in September. In 2020, for example, the currency fell to about $10,000 per unit from $12,000 during the previous month....

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Stellar Lumen (XLM) Price Eyes Fresh Rally Above $0.36

Stellar lumen price started a steady increase above $0.3000 against the US Dollar. XLM price is now trading above $0.3200 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $0.3600 on the 4-hours chart (data feed via Kraken). The pair could start a fresh rally if there is a clear break above the $0.3600 resistance zone. Stellar lumen price is trading well above $0.3000 against the US Dollar, similar to bitcoin. XLM...

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The Importance of Market Insights to Crypto Investors

If you are one of the investors who look at statistics before venturing into any trade, odds are you would have come across some mind-boggling information in your time. One such interesting statistic is the number of successful cryptocurrency traders. According to studies, only about 5% of all crypto traders are successful in the long term. So, why is crypto trading “hard” for the average investor? How can the Dohrnii Foundation change this? Market insights are crucial...

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Ripple Price Analysis: Bulls In Control Above $1.10

Ripple price started a steady increase above the $1.00 resistance against the US dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.120 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue higher as long as it is above the $1.10 support zone. Ripple price is showing positive signs above $1.10 against the US Dollar, similar to...

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