Markets

Despite the most recent price fluctuations with bitcoin, whales have not been deterred from accumulating sizeable portions. Buying 100,000 coins in less than a month, they now own almost half of the circulating supply. Whales Own Almost 50% of BTC in Circulation Bitcoin whales are typically separated into a few groups. Perhaps the most active one comes from wallets containing between 100 to 10,000 bitcoins. Sometimes, their behavior can determine the price action in the...

The emergence of new projects is usually preplanned with potential target markets in mind. While Africa is often seen as an untapped market, China is arguably the right region for massive scaling.The evolution of trading platforms has taken the digital currency ecosystem to a whole new level. This has stirred broad crypto-economics around the multitude of tokens out there. Today, innovations become enshrined as the new normal in the crypto ecosystem. Based on this, decentralized exchanges are...

Mizar’s utility token, MZR, will have distinct advantages for its holders and will act as the heart of the entire ecosystem.Mizar, a platform for building and sharing trading algorithms via a marketplace, wants to change the future of trading. The stock market and cryptosphere have seen huge upticks in numbers from retail investors in the last year. While more and more people are entering this market, Mizar recognizes that a large volume of trade is dictated by powerful algorithmic bots that...

XRP/USD – XRP Trades Sideways In Range Key Support Levels: $0.828, $0.8, $0.75.Key Resistance Levels: $0.92, $1.00, $1.05. XRP has been inside a trading range between $1.05 and $0.8282 since the end of May. It bounced higher from $0.8282 (2020 highs) at the end of May and pushed into the $1.05 resistance (bearish .382 Fib) at the start of June. Since then, XRP dropped beneath the 20-day MA and traded lower until support was found at $0.8282. Although the market has spiked...

With the failure of Twitter to comply with the new rules, the Tech Ministry warned the firm earlier this month of “Unintended Consequences.”American microblogging and social networking service company Twitter Inc (NYSE: TWTR) is under fire from the Indian Technology Ministry for failing to comply with the Asian giant’s latest IT rules. Per a Reuters report, India’s technology minister said on Tuesday that Twitter had deliberately defied and failed to comply with the country’s new IT rules,...

The WOOF stock surge might also have been attributed to the announcement that Petco would virtually present at the Evercore ISI Consumer & Retail Summit.Petco Health and Wellness Co Inc (NASDAQ: WOOF) stock closed at $25.41 (-9.41%) on June 16, at 4.20 a.m. EDT and was trading at $25.22, with a 0.75% fall in the pre-market session.This comes just a day after $WOOF stock rose 17.9% as it was one of the trending stocks among Reddit’s retailers. The company saw about 43 million shares...

With a collaboration with Bento Box, animated series like Simpsons and Bob’s Burger might get their own NFTs.American television production giant Fox Entertainment launched a $100M creative fund for the NFT content market through its recently founded business subdivision Blockchain Creative Labs. The LA-based unit is said to pilot under the banner of Fox Entertainment, captained by Scott Greenberg, known for his involvement in the production of Simpsons.As cryptocurrency is finding ways to...

With the upcoming listing, Krafton seeks to break the biggest debut record in South Korea, which is currently held by Coupang.Krafton Inc is closely associated with PlayersUnknown Battlegrounds. Yes, it’s the company credited for the hit mobile phone game. This time, Krafton intends to raise 5.6 trillion won, equivalent to $5 billion, via a South Korean IPO which is believed to be the largest in the country ever.To achieve this IPO milestone, Krafton needs to sell over ten million shares...

Roughly a month after the massive mid-May market crash, when BTC crashed from over $50,000 to $30,000, the general sentiment among traders has normalized to neutral levels. The Fear and Greed index has also returned to a less fearful state. Bitcoin Investors Less Fearful The price of the primary cryptocurrency went through its worst market crash in terms of USD value in mid-May. Negative news coming from Tesla, Elon Musk, more China FUD, and over-leveraged positions...

Bitcoin is up by a total of 20% this week and it’s back at the $40K mark range. Quick recap: BTC bounced from $34,760 on Sunday and surged even more on Monday to break the early June significant highs at $39,500 and even reach resistance at $40,760 (bearish .382 Fib Retracement). The bullish momentum stalled slightly since reaching the resistance at $40,760 but manages to remain above $39,500 (early-June highs) and created a short-term tight trading range. In addition, BTC is...