Markets

Dan Morehead – Chief Executive Officer of Pantera Capital – said the controversial monetary policies, which the US government enforced, could create bubbles in the financial system. In his view, bond markets “manipulated” by the Fed are the real Ponzi Schemes and not bitcoin. The Danger Comes From The Fed; not Crypto In a recent interview for Bloomberg, Dan Morehead – Founder and CEO of Pantera Capital – warned that investors dealing with bonds “are going to get absolutely...

[PRESS RELEASE – Singapore, Singapore, 7th December 2021] 3Space Art is thrilled to announce the official launch of its groundbreaking NFT platform that facilitates widespread use of digital art in the real world by placing it in physical spaces. It gives artists and collectors the opportunity to showcase their collections not just online but also in offline events and exhibitions. Non-fungible tokens (NFTs) have witnessed a strong growth in demand in the last couple of...

Tron price started a recovery wave above $0.0880 against the US Dollar. TRX price is now trading below $0.1000 and near the 55 simple moving average (4-hours). There was a break above a short-term declining channel with resistance near $0.0845 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1000 resistance. TRON price started a recovery wave from $0.0720 against the US Dollar, similar to bitcoin....

Bitcoin price started a fresh decline from the $59,000 resistance against the US Dollar. The price is now trading below $52,000 and the 55 simple moving average (4-hours). There is a major bearish trend line with resistance near $52,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could resume decline if it fails to clear the $52,000 resistance zone. Bitcoin price is struggling below $52,000 against the US Dollar. BTC might decline heavily...

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Bitcoin just had its biggest plunge since May 2020. During the weekend, Bitcoin continued to trade downward and even declined to as low as $41,900. More than $1 billion was wiped off in the market. Altcoins also traded lower in tandem and ETH shed almost 20% of its value. Analysts believed some of the reasons behind the decline were the new COVID variant, Fed’s concern with the high inflation rate which might drive it to curb stimulus, and the crisis of China real-estate...

Ethereum price started a fresh increase from the $3,650 support against the US Dollar. ETH price is now trading above $4,200 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4,400 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $4,400 resistance zone. Ethereum price is showing positive signs above $4,000 against the US Dollar. ETH/USD could start a major...

ADA price started a recovery wave above the $1.30 and $1.40 resistance levels against the US Dollar. The price is still trading below $1.50 and the 55 simple moving average (4-hours). There was a break above a major declining channel with resistance near $1.35 on the 4-hours chart (data feed via Bitfinex). The price might extend gains if it manages to clear the $1.50 resistance zone. Cardano price is struggling below the $1.50 resistance against the US Dollar, unlike...

BitTorrent Token (BTT) – a TRC-10 utility token – will see its main net launched on December 12th, according to recent word from the organization. Meanwhile, old BTT tokens on TRON will be redenominated into smaller units, while retaining the same market cap. Mainnet Launch + Redenomination BitTorrent announced the upcoming BitTorrent Chain (BTTC) launch through a tweet earlier today. “#BTTC Mainnet and #BTT Redenomination Plan will be launched on Dec 12, 2021!” said the...