Markets

ADA price started a sharp decline from the $3.00 zone against the US Dollar. The price is now trading below $2.60 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2.68 on the 4-hours chart (data feed via Bitfinex). The price could start another strong decline if it breaks the $2.20 support zone. Cardano price is facing many hurdles near $2.65 against the US Dollar, similar to bitcoin. ADA price must stay above...

Ethereum price started a major decline from the $4,000 resistance against the US Dollar. ETH price is now trading below $3,500 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could extend its decline unless there is a clear break above the $3,400 resistance. Ethereum price is showing bearish signs below $3,500 against the US Dollar. ETH/USD could...

Tesla’s CEO – Elon Musk – bought a new dog and gave him a name (Floki) – so far, nothing out of the extraordinary. But the puppy’s name has caused fluctuations in the cryptocurrency space, with recently emerging coins called Floki skyrocketing in value. The Hype Around Meme Coins and Musk’s Role It’s safe to say that the digital asset industry has its rather controversial moments. Meme coins are typically a good example. Dogecoin – a token created as a joke in 2013 – surged...

[PRESS RELEASE – Please Read Disclaimer] Seychelles, September 10, 2021 – Redline Capital, a leading investment institution focusing on investing in the field of blockchain technology, today has officially announced that Redline Capital was renamed as Redline DAO. This initiative is a vital part of the Redline DAO’s strategy as it seeks to deepen the company’s global compliance strategy and adapt to changing markets. Most notably, with this latest rebrand effort, Redline DAO...

INTERNET CITY, DUBAI, Sept. 13, 2021. – LBank Exchange, a global digital asset trading platform, will list SEED on September 14, 2021. For all users of LBank Exchange, the SEED/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on September 14, 2021. The crypto market opens up new development paths and blockchain opportunities. In this market, SafeHamsters (SEED) project is trying to build a safe place for crypto investors. SafeHamsters’ SEED...

[PRESS RELEASE – Please Read Disclaimer] ADAlend.finance , a protocol that is bringing decentralized lending to the Cardano blockchain, has just sold out its private sale in less than one hour. Seven private angel investors have purchased the entire seed allocation of 1.8 Million Cardano native ADAL tokens for $540,000. As a reflection of the huge demand for high-quality Cardano native DeFi projects, and the perfect timing with the launch of ADA smart contracts around the...

Personen aus 72 Nationen können die BISON App herunterladen und nutzen, wenn sie ihren Hauptwohnsitz im Europäischen Wirtschaftsraum (EWR) + Schweiz haben. Mit Beginn der neuen Saison starten BISON, die Krypto-App der Gruppe Börse Stuttgart, und der Basketball-Bundesligist ratiopharm ulm eine richtungsweisende Partnerschaft. Dabei erschließt sich BISON für seine Marke eine neue Plattform auf dem Ulmer Basketballparkett, während ratiopharm ulm mit...

The entire cryptocurrency market pumped when news that the US-based e-commerce giant Walmart, has inked a partnership deal with Litecoin to enable its customers to make payment with LTC broke out. Unfortunately, the news appeared to be fake, and the market dumped subsequently. According to the fake press release on Monday (September 13, 2021), Walmart shoppers would have soon been able to start making payments with LTC across all eCommerce stores. The story was quickly picked...

ETH/USD – Ether Falls Into .5 Fib Support Key Support Levels: $3200, $3150, $3000.Key Resistance Levels: $3350, $3480, $3600. After Tuesday’s market wipeout, ETH is now down a total of 15% on the week after falling from near $4000. The coin found support at $3200 (.5 Fib) over the weekend and rebounded higher. Unfortunately, it could not break the 20-day MA resistance at $3485 yesterday and rolled over from there today as it fell by 2% to meet the current $3200 (.5 Fib) level...

Coinbase announced today its intentions to hold a private offering of $1.5 billion of senior notes. The company plans to allocate the funds to product development, acquisitions, and new personnel. According to a press release dated September 13th, the largest US-based exchange will offer $1.5 billion aggregate principal amount of its senior notes due 2028 and 2031 in a private offering. The firm said it will “fully and unconditionally” guarantee the notes. The parties aiming...