Markets

The NFT market and metaverse have once again been thrown into a state of euphoria as a single plot of digital land on the most popular NFT game in the crypto space, Axie Infinity, sold for 550 ETH. $2.3M for Axie Infinity Plot The plot of land in question is one of the Genesis plots on Axie Infinity, which are considered to be extremely rare as there are just 220 of them in existence. Going by today’s ETH prices, that single piece of land would be worth a whopping $2.3...

Just as Bitcoin started showing early positive developments of recovery, fear of a new variant of COVID-19 sent global stocks sharply lower, causing the crypto market to decline. Although the near-term price action looks bearish, the overall trend in fundamental and on-chain continues to remain strong, suggesting the bull market is likely to continue. Bitcoin has tested a critical uptrend support line around $54K, entering a very crucial technical zone of support. Chart by...

Recently, the cryptocurrency market has experienced dramatic ups and downs after experiencing a plunge. Many investors have taken this opportunity to earn a large amount of income, but at the same time, it also brings very high risk. According to popular estimates, as much as 90% of people lose their money in stock markets and the cryptocurrencies market, I think, is in the same box. Faced with such a cruel market, have you ever thought of other ways to make profits...

The last day was particularly tumultuous throughout the entire cryptocurrency market and bears clearly had the upper hand. While an argument can be made that this is a correction that (so far) failed to damage the long-term market structure, it’s a fact that BTC’s price saw its worst day of trading since September 7th. Bitcoin Price Tumbled Below $54K Yesterday, bears took full control over the market, and this resulted in the worst daily candle Bitcoin’s had since September...

Today was an ugly day for the cryptocurrency world. In fact, it was a bad day for the financial markets in general. The U.S. stock indexes fell 2% on average, the FTSE lost 3.64%, the DAX was down 4.15%, oil futures tumbled more than 10%, and cryptocurrencies lost more than $200 billion in capitalization. All because of fears of a new strain of COVID-19 that had speculators and analysts brainstorming scenarios of a possible new lockdown. Recently, scientists discovered the...

To cater to the rising demand for digital asset funds, the Singaporean fund manager Fintonia Group has announced the launch of two institutional-grade funds tracking the performance of the world’s largest cryptocurrency. Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund are the two new products offered by the financial services firm regulated by the Monetary Authority of Singapore (MAS). Fintonia’s New Bitcoin Offering According to the report, the two...

Online gaming is on the rise, and it has turned from an overlooked industry to a multi-billion dollar market segment with hundreds of thousands of people across the world competing and playing various games and genres. Over the past couple of months, we’ve also seen a tremendous surge in the interest in blockchain-based gaming. But one area where blockchain-based technology shines is gambling, and that’s where FUNToken comes into the picture – a project that aims to bring...

It’s been a very volatile week in the cryptocurrency market. Despite the turbulence, some altcoins managed to hold their ground and even appreciated in value, but the same can’t be said for Bitcoin. The primary cryptocurrency is down about 4% on a weekly basis, but this comes after a week of serious volatility. On Monday, the price wicked from $57K to upwards of $59k, only to get rejected almost immediately and drop to below $56K. From there, it started consolidating and...

Cryptocurrency trading may be beneficial if you keep an eye on the market at all times. You may, on the other hand, find it difficult at times. Fortunately, if you want assistance, you may turn to crypto signal services for aid. Their signals can be utilized to make the best decision possible at the most appropriate moment and enable you to manage your online business like online casinos. There are a plethora of service providers to pick from. Listed below are a few...

Bitcoin had tremendous growth a few years ago, and many people made a substantial amount of money as a result. Even now, Bitcoin remains one of the most profitable markets globally; this could be because numerous online businesses utilize it as a secure mode of payment, such as online games like roulette. If you are a newbie, you may wish to complete some preliminary research before investing any money in Bitcoin. Listed below are a few expert recommendations that might...