Markets

It is clear the recent executive order signed by Joe Biden regarding crypto regulation that everyone was so excited about isn’t enough to keep the bitcoin price flying high. At that time, the asset rose to about $43,000, which while not great, was considerably higher than where it had been in recent days. Now, it looks like the currency has dropped to a low of $39,000 per unit. Thus, Biden does not possess the magic that so many analysts seemed to think he had. The...

Following bitcoin, The crypto market is having a green day so far. Investors who hold altcoins are optimistic and hoping for a trend reversal. The Daily Chart Technical analysis by Grizzly On the daily timeframe, Ripple experienced fluctuations inside its Fibonacci channel over the last two years, starting since the Covid crash in March 2020. The price failed to reach its ATH at $3.3 and began a ‘boring’ correction in May last year. The news regarding the Ripple vs. SEC case...

The Federal Reserve has raised interest rates for the first time since 2018 after months of promising to address inflationary pressure in the United States. The hike – a moderate 25 basis point increase – was immediately followed by Bitcoin falling under $40,000 again. At the Federal Open Markets Committee meeting on Wednesday, the Fed cited rising concern over inflation in the context of supply chain difficulties and the new war in Ukraine as justification for its move. In...

The cryptocurrency exchange FTX collaborated with the fintech company AZA Finance to expand the adoption of cryptocurrencies throughout Africa. Additionally, the two entities will aim to connect the Web3 economy with the countries from the continent. FTX’s Latest Partnership One of the largest digital asset trading venues – FTX – continues to strike important deals to popularize its global presence. According to a recent press release, its latest partnership is with the...

Solana price started a fresh decline from the $90.00 zone against the US Dollar. The price is now trading below $85.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $83.85 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $84.00 and then $85.00 to start a fresh increase in the near term. Solano price is struggling to settle above the $85.00 resistance against the US...

Bitcoin price started a fresh decline from the $42,600 zone against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $40,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must clear $40,000 and then $40,800 to start a fresh increase in the near term. Bitcoin price is struggling to settle above the $40,000 resistance against the...

Online gaming is undoubtedly one of the fastest-growing markets on earth. It has undergone a tremendous transformation over the past years and has become a field to be reckoned with. TechJury reports that the global gaming industry is set to reach a valuation of a whopping $256.97 billion in the next three years. There are more than 2.5 billion people who play games, and they have spent upwards of $4.5 billion on immersive games until the year 2020 – a number that is sure to...

ADA price declined below $0.85 and $0.82 against the US Dollar. The price is now trading below $0.82 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.800 on the 4-hours chart (data feed via Bitfinex). The price could start a recovery wave if there is a move above $0.820 and $0.833. Cardano price is struggling below $0.85 against the US Dollar, similar to bitcoin. ADA price could start a recovery wave if there...

Press Release: DeFi ecosystem, ADA Finance, has rebranded to Acta Finance, launching a new native token $ACTA, as well as developing its own AMM, ActaFi Swap. March 14th, 2022, Mahe Victoria, Seychelles – ADA Finance, a pioneering decentralized finance (DeFi) ecosystem which will operate on Avalanche initially, has successfully completed a rebrand, changing its name to Acta Finance (ActaFi). In addition to this rebrand, the ActaFi team have also been developing their own...

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Vor der Lizenzerteilung war Sygnum in der Vermögensverwaltung tätig. Jetzt eröffnet die Schweizer Kryptobank nun auch weitere Dienstleistungsangebote. Genauer genommen, war es nicht Sygnum selbst, dem die Lizenz erteilt und damit der Zugang zu weiteren Marktsegmenten erteilt wurde, sondern die Tochtergesellschaft der Schweizer Kryptobank, Sygnum Singapore. Die...