Markets

Bitcoin’s slump continues after experiencing a sharp price decline over the last few hours. The dip caused over $200 million worth of long positions to get liquidated. Earlier today, Bitcoin briefly reached $57.5k at 8:44am EST, after stagnantly trading within the $56-57k range. The price suddenly fell afterward, dropping hundreds of dollars by the hour. According to BitStamp, Bitcoin fell to $51.5k. Binance Futures even saw the price drop below $51k. Since then, the price...

Blockchain.com outlined plans to launch a marketplace exclusively focussed on NFTs to cater to the rising demand and fortunes that have attracted the attention of well-known individuals from different fields. With this move, the Luxembourg-based company is the latest one to dip its toes into the NFT market. It joins the list of crypto giants such as Binance, Coinbase, and FTX.US, which have announced the launch of new NFT-focussed wings. Blockchain.com’s NFT Marketplace is...

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...

Bitcoin’s price action continues to be shaky in the short term, but that might largely be attributed to headwinds caused by the newfound COVID variant. Despite the recent bearishness, the on-chain metrics and the mid-to-long-term technicals continue to favor extended bull market and show no real signs of worry. This analysis was compiled by analysts GrizzlyBTClover and CryptoVizArt to CryptoPotato. Mid-Term Technical Analysis Bitcoin is moving up inside the uptrend channel on...

[PRESS RELEASE – New York, USA, 3rd December 2021] There has never been a better time to launch WallStreetNinja, as the crypto markets roar and decentralized ecosystem’s begin to accelerate toward full mainstream adoption. A fully decentralized solution, Unstoppable Ecosystem is required to propel the movement forward into a web browser-based experience free from unnecessary browser extensions and smartphone wallet apps. WallStreetNinja “the Unstoppable Ecosystem” (aka WSN)...

The past seven were somewhat successful for Bitcoin, and the total market capitalization managed to increase by some $150 million. Some altcoins are really taking off, while others are seemingly in a stalemate situation. But let’s start with Bitcoin. The market leader failed to produce any meaningful gains but is up slightly above 2% in the past seven days. This came after an excellent weekly close on Sunday. Unfortunately, bulls didn’t capitalize on the opportunity and...

Cardano is the blockchain of the future, there’s no doubt about it. Nevertheless, to foster that future we have to build the infrastructure around it. Cardano-exclusive decentralized exchanges (DEXs) are thus critical for the future of decentralized finance. That’s why we’re immensely proud that Do.Exchange (DOEX), a Cardano-based DEX with an Automatic Market Making protocol, has chosen KICK.IO launchpad for its public sale. By making use of self-enforcing smart...

The digital asset industry has marked an impressive year so far as many cryptocurrencies painted all-time high prices. Numerous experts and public figures showed their support, highlighting the merits of the asset class, while global institutions started diversifying their portfolios with bitcoin or some alternative coins. Yet, Charlie Munger – Warren Buffett’s right-hand man – reiterated his skepticism once again recently by indicating that the hype around them is “crazier...

Bitcoin cash price started a fresh decline from $640 against the US Dollar. The price is now trading below the $600 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $570 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $600 for a fresh increase in the near term. Bitcoin cash price is showing bearish signs below $600 against the US Dollar, similar to bitcoin....

2TM Participacoes, the parent company of Brazil’s largest cryptocurrency exchange, Mercado Bitcoin, has recently raised $50 million from investors to further its expansion project. Crypto Service Expansion in LatAm According to a Tuesday report by Bloomberg, the company will use the funds to increase its product offering and expand its services to other Latin American markets, including Chile, Argentina, Mexico, and Colombia. 2TM’s funding round received support from several...