Satoshi Nakamoto – the anonymous creator of bitcoin, the globe’s number one digital currency by market cap – is now listed as the 15th richest person. Satoshi Nakamoto Is Now Amongst the Uber Rich Bitcoin first rose to prominence over 12 years ago. It was mined for the first time in January of 2009, and many traders now view the currency not just as a speculative tool, but as a hedge of sorts; something that can keep their wealth steady during times of economic strife....
Read More »LBank Exchange Will List DOXXED (DOX) on November 24, 2021
INTERNET CITY, DUBAI, Nov. 23, 2021 – LBank Exchange, a global digital asset trading platform, will list DOXXED token on November 24, 2021. For all users of LBank Exchange, the DOX/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on November 24, 2021. Decentralization has been one of the most iconic features of crypto since its birth, but the monopolies do exist in this filed because of some major players that own most of the market. DOXXED...
Read More »Cardano (ADA) Price Analysis: Risk of More Losses Below $1.75
ADA price is struggling to clear the $1.85 and $2.00 resistance levels against the US Dollar. The price is now trading below $2.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.84 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $1.85 resistance zone. Cardano price is struggling below the $2.00 resistance against the US Dollar, unlike bitcoin....
Read More »Ethereum Price Analysis: ETH Struggles Near $4K
Ethereum price started a fresh decline from well above $4,400 against the US Dollar. ETH price is now trading below $4,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $4,250 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $4,250 resistance zone. Ethereum price is showing bearish signs below $4,250 against the US Dollar. ETH/USD could decline heavily if...
Read More »Bitcoin and Other Assets Fall; Industry No Longer Valued at $3 Trillion
The world of cryptocurrency is going crazy at the time of writing. Many of the biggest assets – including bitcoin, Ethereum, Solana and Ripple’s XRP – have fallen by about seven percent or more, causing the entire industry to lose billions over a 24-hour period. Bitcoin and Other Assets Have Fallen Into Oblivion Traders should be used to this kind of behavior from bitcoin and its altcoins cousins. Sadly, very few are mentally prepared for crashes of this magnitude,...
Read More »Ripple Price Analysis: XRP Consolidation Above $1 Hints at a Big Move Incoming
Key Support levels: $1; $0.96 Key Resistance level: $1.2 XRP’s price is currently consolidating above the key support level at $1. The momentum in the market has reduced, and XRP volatility has been low in the past few days. This is an expected pause after the broad market correction from last week. The key resistance continues to be at $1.2 and might not be tested any time soon since XRP price action shows some indecision on the way forward. Chart by TradingViewTechnical...
Read More »HZM Coin to be listed on LBank Exchange Nov. 25
LBank Exchange, a global digital asset trading platform, announced that it will list HZM Coin on November 25, 2021. The world’s first Arabic cryptocurrency is taking the global digital asset market by storm, posting record price appreciation since its July launch @ $0.0006. Hazam – Arabic for ‘firmness’ – has attracted the world’s leading asset managers, private equity players and retail investors who are propelling stratospheric returns of the globe’s first ethnically-...
Read More »Stellar Lumen (XLM) Price Turns Red, Risk of More Losses
Stellar lumen price started a fresh decline from the $0.4000 resistance against the US Dollar. XLM price is now trading just below $0.3500 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3420 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.3200 support zone in the near term. Stellar lumen price is trading in a bearish zone below $0.3550 against the US...
Read More »Ripple Price Analysis: Risk of Drop Below $1.00
Ripple price started a fresh decline from the $1.20 resistance against the US dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.06 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a clear break below $1.00. Ripple price is showing bearish signs below $1.06 against the US Dollar, unlike bitcoin. XRP...
Read More »Ethereum’s Problems are Hindering its Leadership in the Defi Ecosystem, Experts Say
The debate over the feasibility of using Ethereum as the Swiss Army of the crypto-verse is heating up again now that DeFi, gaming, and NFT are enjoying a recent surge in popularity. But the outlook is not very positive considering the current state of affairs. The impact of xcessive fees, long confirmation times, and slow updates is starting to worry retail users, techies, and large investors. Ethereum Developers Should Focus on L1 Faced with the difficulties of delivering a...
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