Markets

David Marcus – the head of Facebook’s blockchain department – says that the social media company’s new cryptocurrency wallet Novi is ready to go. David Marcus Is Ready to Unleash Novi Novi has been a long time in the making. The wallet is designed to accompany the firm’s new Diem cryptocurrency, which many fans and anticipators still refer to as “Libra.” That was the name the currency originally traveled under when initially announced in the summer of 2019. As a former...

[Featured Content] With the second half of the bull run underway, more people are looking to make the most out of it, but they struggle with trading or don’t know how to leverage every profit-making opportunity in the crypto market. While there are lots of exchanges out there, crypto traders still face many problems when using many of these trading platforms. Some of the problems are high trading and withdrawal fees, not enough trading pairs, poor customer support, and poor...

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Stellar lumen price started a decent increase above the $0.3500 resistance against the US Dollar. XLM price is now trading above $0.3700 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $0.3880 on the 4-hours chart (data feed via Kraken). The pair is likely to continue higher above the $0.3900 and $0.4000 resistance levels. Stellar lumen price is showing positive signs above $0.3700 against the US Dollar,...

Ripple price gained traction and it rallied above $1.20 against the US dollar. The price is now trading well above the $1.20 resistance and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $1.25 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise as long as it is above the $1.080 support zone. Ripple price is trading in a positive zone above $1.20 against the US...

Gareth Soloway – chief market strategist at InTheMoneyStocks – is not impressed by bitcoin’s recent price increase. He argued that the primary cryptocurrency’s USD value would soon reach $50,000-52,000, but will eventually tumble to $18,000. Would History Repeat Itself? In a recent interview for Kitco News, Gareth Soloway – the President of InTheMoneyStocks – opined that bitcoin’s price would eventually experience a massive downturn. While he predicted that the digital asset...

Looking ahead, there are many ways the rest of the current cycle can play out moving forward. The following are two scenarios we are expecting to play out as long as the technical and on-chain data continue to show strength. Our price targets are heavily time-based, condition-based, and blend multiple forms of analysis. Assuming bitcoin price reaches major technical targets to the upside and on-chain metrics are flashing significant sell signals, the probability of a bull...

According to a recent survey, millennial investors have allocated 12% of their wealth in the digital asset market while xennials and generation X have respectively distributed 9.2% and 6.3%. However, those born between the late 1970s and the early 1980s have profited the most from those investments. Crypto Trends among The Generations The cryptocurrency exchange CryptoVantage conducted a study to determine what digital assets each generation favors, why they have entered the...

Following a sharp retracement below $49,000, bitcoin has rallied up and reclaimed that particular level. Most altcoins have stalled since yesterday, except for Cardano. ADA has painted another fresh all-time high above $2.6. ADA’s Latest ATH; Alts Calm The alternative coins were all covered in green yesterday with impressive gains across the charts. Ethereum briefly exceeded $3,300 but has retraced slightly since then and currently sits below that level. Binance Coin, which...

Nach dem Investitions-Paukenschlag erst leicht gestiegen: Der Bitpanda BEST Token. Bitpanda hat letzte Woche eine Finanzierung von einer viertel Milliarde (!) erhalten. Wenn so grosse Investoren einsteigen, dann ist es natürlich interessant anzusehen, wie sich der Kurs von BEST, dem hauseigenen Token von Bitpanda passiert. Aktuell notiert der Bitpanda BEST Token bei 1.10 US-Dollar oder eben 94 Eurocent. Soll man in Bitpanda BEST...