Markets

Ethereum price started a fresh decline from well above $3,000 against the US Dollar. ETH price is now trading below $3,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2,930 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,480 support zone. Ethereum price is gaining bearish momentum below $3,000 against the US Dollar. ETH/USD remains...

Mastercard is expanding its crypto department. The credit card giant announced early in the week that it’s looking to help companies around the world better understand the growing digital currency industry and will hire as many as 500 individuals in the coming year to facilitate its ongoing crypto projects. Mastercard Is Building Its Crypto Services Mastercard is seeking to lend itself out as a consultant of sorts to businesses and enterprises everywhere looking to set...

Key Support level: $0.70 Key Resistance levels: $0.96, $1 Despite high volatility and bears pushing the market in the red, XRP has managed to remains somewhat stable and continued to consolidate in the blue pennant (represented in blue on the below chart). Price remains in a key range between $0.70 as support and $0.96 as resistance. However, selling pressure is building up, and if XRP buyers can’t absorb it, then the cryptocurrency may fall to the critical support. Chart by...

The Russian Ministry of Finance reportedly presented its draft legislation on digital asset regulations. The institution called upon enhanced protection rules and set a limit on annual cryptocurrency investments. The Latest Update Russia’s top authorities are still far from reaching a unanimous decision on how to approach the local cryptocurrency market. The Bank of Russia insists on a total ban of all digital asset endeavors, while the Finance Ministry urges for proper...

Metashooter is a game that has been designed to be played by people of all ages. It is a game that has been created with the idea of making it fun and exciting for everyone. Many countries today consider hunting to be inhumane. There is no logical business model in most crypto games. Players and market suppliers alike can benefit from Metashooter’s monetization opportunities. Many people love to hunt, and they have a passion for it. They want to find even more ways to...

Stellar lumen price started a fresh decline from well above the $0.232 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 $0.2050 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.1920. Stellar lumen price is trading in a bearish zone below $0.2000 against the US Dollar, similar to...

Following the recent bearish market sentiment, Cardano’s ADA lost the psychological key support level of $1. In case this level won’t get reclaimed by today’s daily close, ADA will record a full-candle body trading below $1 for the first time since February 2021 (!). Key Support levels: $0.84, $0.68 Key Resistance levels: $1, $1.2 Over the past month, ADA was trading amid the $1 mark. Despite two wicks below in January, the price action and the daily candles were above or...

The market took a nosedive over the weekend, and now ETH is on a clear path to retest the $2,500 support. According to market data by CoinGecko, ETH has been down 4% over the past day and 18% since Thursday. Key Support levels: $2,500, $2,200 Key Resistance levels: $2,800, $3,000 With a bearish cross on MACD and plunging price, the outlook for ETH is not great. The rejection at the $2,800 resistance has intensified the sell-off. ETH is now heading towards the key support...

Bitcoin’s troubles only intensified in the past 24 hours as the asset dropped by a few thousand dollars again to a 16-day low of $38,000. The altcoins are deep in the red as well, with Ethereum at $2,600, Cardano well below $1, and AVAX beneath $80. Bitcoin Dumps Again It’s safe to say that bitcoin has seen better days which weren’t all that long ago. Just on Tuesday and Wednesday, the cryptocurrency recovered from its latest dump to $42,000 and jumped to nearly $45,000....

The past year can be characterized by many things, and we saw plenty of trends come and go to the cryptocurrency markets. One of them, however, stuck. What is more, it appears that it’s here to stay. While non-fungible tokens (NFTs) made their grand appearance long ago, it wasn’t until 2021 that they really started to explode in popularity. Being February 2022, this trend shows no signs of slowing down. What is more, NFTs are now touted as an integral part of a concept that’s...