Markets

This week, the market correction continued with most cryptocurrencies suffering significant losses, particularly today when Bitcoin dropped 10% in 12 hours, and altcoins charted double-digit losses. In what follows, we take a look at Ethereum, Binance Coin, Solana, Avalanche, and CryptoCom’s CRO. Ethereum (ETH) Ethereum had a nice rally this past few days and gave hope of a major breakout. However, today’s price action has re-set ETH back to $4,000 ending the past seven days...

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Bitcoin cash price started a fresh increase above the $600 zone against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $600 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $650 for a sustained move higher towards $750. Bitcoin cash price is showing positive signs above $600 against the US Dollar,...

Mike Novogratz is not happy with U.S. President Joe Biden’s decision to pick Jerome Powell to chair the Fed for a second term. And he’s speaking not as a Bitcoiner but as an overall investor: He believes Powell could be detrimental to the markets’ growth. In an interview for CNBC this week, Novogratz hinted that from his point of view, Jerome Powell had failed to understand the political and economic reality of the United States and that the markets have a similar view, being...

Andrés Iniesta – a legendary soccer player who helped Spain win the 2010 World Cup – recently advertised the cryptocurrency exchange – Binance – on some social platforms. However, the National Securities Market Commission (CNMV) warned him that promoting such investments is not wise since digital assets are “unregulated products” that carry some “significant risks.” Iniesta’s Binance Affair On Wednesday, Andrés Iniesta – a soccer star playing for the Japanese Vissel Kobe and...

Hillary Clinton – former first-lady and US Secretary of State – recently called for the Biden administration to regulate the crypto markets. She said the technology could be “manipulated” by Russia and China, and even “destabilize” the dollar’s status as the world reserve currency. Crypto Versus America Clinton re-affirmed her anti-cryptocurrency stance in conversation with MSNBC’s Rachel Maddow on Wednesday. Her comments were part of a larger conversation on regulating tech...

[PRESS RELEASE – Kingstown, SVG, 24th November 2021] NFTrade, a decentralized cross-chain NFT marketplace, aggregator, and platform, is releasing the first ever cross-chain NFT launchpad for Initial NFT Offerings (INOs). November 24, 2021, Kingstown, SVG – NFTrade, the largest NFT marketplace on Binance Smart Chain (BSC) and Avalanche, has released the details of their cross-chain NFT launchpad. This intuitive platform facilitates the initial launch of metaverse and gaming...

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...

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...

EOS price started a fresh decline from the $5.00 resistance against the US Dollar. The price is now trading below $4.40 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $4.30 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a major increase if there is a clear break above the $4.30 resistance. EOS price is showing bearish signs below $4.30 against the US Dollar, similar to...