Markets

INTERNET CITY, DUBAI, Dec. 20, 2021 – LBank Exchange, a global digital asset trading platform, will list ARTM token on December 22, 2021. For all users of LBank Exchange, the ARTM/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on December 22, 2021. Although crypto market has been growing exponentially in recent years, most of cryptocurrencies still heavily derive value by investor speculation, which makes them have little to no utility...

Bitcoin has come a long way in a relatively short period, but for some, the world’s number one digital currency by market cap has no place in the future of finance. They are convinced the currency will not last much longer. That’s a direct quote from Eswar Prasad, the senior professor of international trade policy at Cornell University. Eswar Prasad Thinks Bitcoin Doesn’t Have Much Going for It Bitcoin first emerged through a whitepaper that was published in the year...

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ADA price started a fresh decline from the $1.30 resistance against the US Dollar. The price is now trading below $1.25 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.27 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if there is a clear break above the $1.25 and $1.28 levels. Cardano price is struggling below the $1.30 resistance against the US Dollar, unlike bitcoin....

Ethereum price started a fresh decline from the $4,080 resistance against the US Dollar. ETH price is now trading just above $3,900 and near the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $3,980 on the 4-hours chart (data feed from Coinbase). The pair could start a major increase if there is a clear break above $3,980 and $4,000. Ethereum price is recovering above $3,900 against the US Dollar. ETH/USD could...

Grupo Elektra – a company headquartered in Mexico – has announced that it will begin accepting bitcoin as a form of payment. Users can now make purchases with the world’s number one digital currency by market cap, bringing the asset closer to its initial goal. Grupo Elektra Is Willing to Take a Chance on BTC The news is big in that bitcoin and many other forms of crypto were initially designed to serve as payment methods. They were built to push things like checks,...

INTERNET CITY, DUBAI, Dec. 20, 2021 – LBank Exchange, a global digital asset trading platform, will list Front Row (FRR) token on December 21, 2021. For all users of LBank Exchange, the FRR/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on December 21, 2021. The Non-Fungible Token (NFT) market has been growing exponentially in recent years, and numerous NFT platforms have emerged with various unique features. As a next-generation NFT...

Michael Saylor – the CEO of software giant MicroStrategy – has commented that bitcoin doesn’t need help from people like Warren Buffett to really be successful. Warren Buffett On Bitcoin… It Ain’t Good In the past, Buffett – the CEO of real estate company Berkshire Hathaway – has been rather dismissive of bitcoin, comparing it to a button on his shirt and even calling it “rat poison squared” at one point. No doubt the man has a serious hate for the world’s number one...

All markets are having a hard time during Monday’s trading session and Bitcoin is no exception. The cryptocurrency is down just shy of 2 percent in the past 24 hours while altcoins are mostly in red. Option Market Analysis The rising cases of the highly transmissible Omicron caused fear in all markets. Investors are worried about lockdowns which may have negative effects on the economy. In the options market, Short-dated implied volatility also increased accordingly to fear....

Key Support levels: $1.2, $1 Key Resistance level: $1.3, $1.5 ADA is currently retesting the support at $1.2, which has to hold. Otherwise, the next key support level will be found at $1. The resistance at $1.3 has not been tested for over a week, indicating a lot of weakness on the bull side. Pressure is mounting, and any slip lower can end up in a significant drop, particularly when there is a lot of fear in the market. Chart by TradingViewTechnical Indicators Trading...