Markets

The Founder and Chief Executive Officer of Shopify – Tobias “Tobi” Lütke – will join Coinbase’s Board of Directors. The CEO of the cryptocurrency exchange – Brian Armstrong – described him as a “tremendous entrepreneur” who also deeply believes in “the power of crypto.” Lütke to Sit Among The Directors In a recent blog post, Armstrong stated that Coinbase seeks to expand its international scope and build new products. In his view, having “Tobi” Lütke onboard would be highly...

Bitcoin, Ethereum, and many leading digital currencies have all fallen over the past few days. No doubt the crypto industry is suffering like it never has before, and yet not everyone is convinced the space is going to the gutter. Cathie Wood, for example – the woman in charge of Ark Invest – is suggesting that bitcoin cold potentially hit $1 million by the year 2030. Cathie Wood Is Positive About Bitcoin In addition, with Ethereum’s market capitalization on the rise,...

Arken Finance addresses the problems faced by other DEX Aggregators and provides traders a very smooth experience using high-end tools.As the decentralized finance (DeFi) market continues to expand, the demand for decentralized exchanges (DEXs) has been growing simultaneously.The first DEXs were built in 2014, but these solutions gained their popularity only when blockchain-powered DeFi serves gained traction and the introduction of the AMM technology helped to deal with the liquidity issues...

Bakkt – a digital asset management platform – has seen its shares plummet since going public in October. Trading at over $40 on October 29th, its stock is now as cheap as $3.96 on the NYSE. Down Alongside Crypto According to Google Finance, Bakkt’s stock peaked following its public listing on October 18th. It had tripled its value within a week from $8.76 to $30.60 by the 25th. After about another week, its price surged again on October 31st, touching $42.52. Bakkt’s listing...

A report forecasts that the gaming market, including deals, and fundraising exercises, will amount to more than $150 billion in 2022.According to investment banking firm Drake Star Partners, the video gaming sector will hit a market valuation of over $150 billion in 2022. This will encompass deals, financing, and initial public offerings, the forecast added.The gaming sector began this year with two mega acquisitions. The first one was Microsoft Corp (NASDAQ: MSFT), pitching almost $70...

[PRESS RELEASE – Please Read Disclaimer] Huobi Global, one of the world’s leading digital asset exchanges, today announced the launch of a trading fee rebate campaign for USDT-margined futures, becoming the first cryptocurrency exchange to offer maker fee rebates (as high as 0.015%) for all users. The platform also offers amongst the lowest taker fees in the market: even normal users can receive 0.02% taker fees for trading USDT-margined futures. Commonplace amongst digital...

Banking giant Morgan Stanley reported that 50% price corrections in Bitcoin have been a thing of the past as well. It mentions some key levels on the upside and downside for investors to watch.The world’s largest cryptocurrency Bitcoin (BTC) has already corrected by more than 50% from the all-time high levels of November 2021. As of press time, Bitcoin has been trading at $37,163 levels with a market cap of $704 billion. Banking giant Morgan Stanley has recently published a report dubbed...

Stellar lumen price declined below the $0.2000 support zone against the US Dollar. XLM price is now trading below $0.2000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.2040 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2120. Stellar lumen price is trading in a bearish zone below $0.2100 against the US Dollar, similar to bitcoin....

Ripple price started a fresh decline from the $0.6500 zone against the US dollar. The price is now trading below $0.6000 and the 55 simple moving average (4-hours). There is a key bearish trend lien forming with resistance near $0.6800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a move below the $0.5500 support. Ripple price is trading in a bearish zone below $0.6000 against the US Dollar, like...

Popular software programmer and co-founder of BitShares, Steem, and the EOS network, Daniel Larimer, recently announced the rebranding of his earlier endeavors. Daniel Larimer Shares New Vision In a press release shared with CryptoPotato, Larimer noted that his new vision, dubbed Fractally, will deliver the original EOS vision of 2017 to the modern crypto market. He claimed that Fractally will be a unique blend of a decentralized exchange, a social media platform, a...