Markets

Bitcoin cash price started a decent increase above the $500 resistance against the US Dollar. The price is now trading above the $500 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $505 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $550 and $555 resistance levels. Bitcoin cash price is gaining pace above the $500 zone against the US...

It seems the number of crypto users has doubled since January 21 this year, according to research on global crypto adoption by Crypto.com.  The report gathered information from 24 leading crypto exchanges using on-chain data based on various parameters —identifying over 220 million users by the end of June. February and May were the months when the inflow of new users reached their peak: 203 million.  Altcoin Market Surged Largely Thanks to SHIB and DOGE The altcoin market...

DeFi will likely continue to amass more users at the current pace of innovation as systems become scalable and interoperable. This raises the probability of crypto users opting for alternative DeFi environments despite Ethereum’s current market dominance.Uniswap, a Decentralized Application (DApp) built on the Ethereum blockchain, is making headlines in the crypto market following a decision by Uniswap Labs to delist some tokens from the interface. The Brooklyn based firm shared a list of...

Lolli said that this funding will go towards expanding in the global market, hiring, new partnerships, and further development of the recently launched mobile app.Crypto firm Lolli, which rewards users in free Bitcoins against shopping, has raised $10 million in a Series A funding round led by Acrew Capital. Other players joining this funding round were Up North Management, Banana Capital, and Animal Capital.Besides, it has investments from influencers and entrepreneurs like Logan Paul,...

The fiscal and economic policies being rolled out by the Feds in various nations, particularly the United States can also help in the Bitcoin price retracement moves.The price of Bitcoin (BTC) is seeing a gradual retracement as market bulls’ effort leading to the breach of the $40,000 resistant zone was met with rejection. At the time of writing, Bitcoin is changing hands at $39,915.36, down 0.21% in the past 24 hours according to CoinMarketCap.The snapshot performance of Bitcoin is in...

The shares are expected to begin trading on the Nasdaq Global Select Market on July 29, 2021, under the ticker symbol “HOOD”.Robinhood, a famous stock and crypto-trading app, is set to debut on the Nasdaq exchange on Thursday following a $32 billion valuation via its initial public offering (IPO). In a press release from the company on Wednesday, it revealed that it has priced its offering at $38 per Class A common stock share. The $38 pricing of the company’s common stock is on the lower...

Wieder war es Senatorin Elizabeth Warren, die sich mit der Forderung nach Regulierungen des Cryptomarktes meldete. Dieses Mal forderte sie in einem Brief den Finanzminister der Vereinigten Staaten Janet Yellen direkt dazu auf, die geforderten Regulierungen umzusetzen. Bitcoin News: US-Senatorin will Bitcoin Regulierungen vorantreibenNatürlich versuchte es Senatorin Warren wieder einmal mit den üblichen Argumenten. Cyberkriminalität, Geldwäsche und Umweltschäden seien das Resultat eines...

The past 24 hours saw bitcoin’s price being relatively stable around the crucial $40K mark. The majority of the market is also fairly neutral, with a lot of the altcoins charting rather insignificant losses. Bitcoin Stable Around $40K Bitcoin is circling the $40K mark over the past 24 hours, seemingly unable to make a move in either direction. However, a consolidation around this area, which is also serious support, could potentially be positive. At the tie of this writing,...

EOS started a fresh increase above the $3.50 resistance against the US Dollar. The price is now trading above the $3.50 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $4.00 and $4.02 resistance levels in the near term. EOS price is showing positive signs above $3.50 against the...

Litecoin price started a fresh increase above the $125 resistance zone against the US Dollar. LTC price is now trading nicely above $132 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $142 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to accelerate higher if there is a clear break above $142 and $145. Litecoin price is attempting a recovery above $132 against the US...