Markets

Arthur Hayes – co-founder of BitMEX – just gave an interesting Bitcoin price forecast in his bi-weekly analysis. Despite his expectations that the Federal Reserve won’t raise interest rates, he still doubts Bitcoin’s bottom will arrive until a $28,500 retest. Calling the Fed’s Bluff In BitMEX’s latest post from Crypto Trader Digest titled “Bottomless,” the former CEO extols cryptocurrencies as the “last free market on earth”. He explained that due to “wanton” money printing,...

A research team of the American investment management firm ARK Invest envisioned a highly optimistic future for bitcoin. According to them, the price of a single coin could surpass $1,000,000, and the asset’s market capitalization might reach $28.5 trillion by 2030. Bitcoin to Peak at Over $1 Million The Nasdaq-listed company ARK Invest, led by Catherine Wood, has been an advocate of the cryptocurrency industry for a while, especially bitcoin. In July last year, the...

[PRESS RELEASE – HongKong, China, 24th January, 2022] MetaVisa, a Web3.0 middleware protocol, officially announced that it has reached an agreement with one of the largest digital asset trading platforms, BitMart. According to the partnership, MetaVisa native token, $MESA, will be listed on BitMart Shooting Star – 24h Flash Sale. On January 26th 8:00 AM (EST), BitMart, a premier global digital asset trading platform, will launch “MESA Token Sale”. BitMart users will be able...

Tron price started a fresh decline from the $0.0720 resistance against the US Dollar. TRX price is now trading below $0.0620 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0572 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move down if it stays below the $0.0620 pivot level. TRON price started a fresh decline below $0.0720 against the US Dollar, similar to bitcoin. TRX price...

Bitcoin price started a fresh decline from the $42,000 zone against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There is a connecting resistance trend line forming with barrier at $37,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a strong upward move if there was a break above the $38,000 resistance. Bitcoin price is trading below $40,000 against the US Dollar. BTC might...

The International Monetary Fund (IMF) recently urged El Salvadoran authorities to remove Bitcoin’s legal tender status. They called it a threat to market integrity, financial stability, and consumer protection. Criticizing the Bitcoin Law The IMF publicly revealed its warning in a website statement earlier today, after concluding its Article IV consultation with El Salvador on Monday. Despite noting the country’s speedy post-pandemic economic recovery, it still cited...

Phong Le – Chief Financial Officer of MicroStrategy – revealed that his firm will continue investing in bitcoin despite the recent plunge of the asset’s USD value. In line with the prices of most crypto assets, the shares of the Nasdaq-listed company have also been on a downtrend since the beginning of 2022. The Price Is Not an Issue for MicroStrategy It is safe to say that the first 25 days of the year have not been kind to bitcoin. The cryptocurrency has lost more than 20%...

Today we publish the CV VC Top 50 Report 2021 and it is inspiring to see its findings! At year-end 2021, Crypto Valley boasted 14 Unicorns and an industry worth over half a trillion USD. Together with you all, we have an ecosystem to be exceptionally proud of. The CV VC Top 50 Report 2021 is available and ready for you to download. The CV VC Top 50 Report is published in collaboration with PwC Switzerland. The periodical report analyzes the top 50...

Ethereum price started a fresh decline from the $3,200 resistance against the US Dollar. ETH price is now trading below $2,800 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2,500 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down below the $2,200 support zone. Ethereum price is struggling below $2,500 against the US Dollar. ETH/USD remains at a risk of a sharp decline if...

INTERNET CITY, DUBAI, Jan. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list BEE token on January 28, 2022. For all users of LBank Exchange, the BEE/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on January 28, 2022. While being used to bridge the gap between everyday life and financial world, blockchain technology and crypto can also be used to bridge the gap between human relationships. As an easy communication...