Markets

The skyrocketing demand towards cryptocurrency assets has pushed the veteran US exchange Kraken to release a mobile application in the country. In another development coming from American exchanges, Coinbase integrated its debit card with Apple Pay and Google Pay. Kraken Mobile App Arrives in the US Founded almost a decade ago, Kraken is among the latest and most popular digital asset trading platforms. The firm’s latest expansion initiative comes through a mobile application...

SoFi stock demonstrated a rise in its stock price after going public via an IPO by merging with Social Capital Hedosophia Corp V.SoFi started its day in the form of a public company on Tuesday, so the first day of June was its debut. It proceeded to go public by integrating with Social Capital Hedosophia Corp V (NYSE: IPOE), which is run by Chamath Palihapitiya. SoFi is now listed by Nasdaq as a part of the SPAC deal. SoFi stock experienced a rise.SoFi provides cryptocurrency and stock...

Tron price formed a base above the $0.0550 level and corrected higher against the US Dollar. TRX price is now trading nicely above $0.0700 and the 55 simple moving average (4-hours). There was a break above a crucial contracting triangle with resistance near $0.0740 on the 4-hours chart (data feed via Bitfinex). The pair is likely to start a steady increase towards the $0.0950 and $0.1000 levels in the near term. TRON price is showing positive signs above $0.0700 against...

Bitcoin price started trading in a range above the $34,000 zone against the US Dollar. The price is now trading below the $37,000 zone and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $37,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a major increase if there is a clear break above $39,000 and $40,000. Bitcoin price is attempting an upside break above...

Bitcoin is continuing to suffer as of late. The world’s number one digital currency by market cap has fallen into the darkest realms of the financial space and has lost about $30,000 from its previous all-time high of roughly $64,000, which it achieved in mid-April. Nevertheless, there are many people that stand by the asset, including NFL player Tom Brady. Tom Brady Sure Likes His Crypto In a recent interview, the star quarterback – formerly of the New England Patriots...

Having launched less than two a month ago, MUNCH has already contributed to two charity projects to the tune of over $3 million.Cryptocurrencies came about to offer individuals freedom over their finances. In a short period, the market has witnessed tremendous growth and adoption thanks to innovations such as smart contracts that have helped create decentralized applications that have helped decentralize most industries. One industry that has benefited the most is the financial industry,...

All the NFT art creators will be allowed to keep their digital work for auction on the official Korbit website.Recently Korbit, which is a cryptocurrency exchange platform in South Korea, announced that they had launched a non-fungible token marketplace for South Korea. It is the first-ever non-fungible token (NFT) market that has been launched in Korea. An NFT or non-fungible token is generated on the same programming used for developing cryptocurrency. It certifies that the digital assets...

Internet Computer anticipates providing solutions to the scaling challenges experienced by Ethereum while maintaining decentralization and security.Dfinity’s Internet Computer announces integration with the Ethereum ecosystem. According to Dominic Williams, founder of Dfinity Foundation in a tweet, the Internet Computer and Ethereum will be integrated to utilize novel Chain Key cryptography and the integrated smart contracts.Internet Computer was publicly launched last month to become a...

Bitcoin is down by a sharp 3% over the past 24 hours. The cryptocurrency bounced from $31,185 (downside 1.618 Fib Extension) last week but failed to overcome resistance at $40,765 (bearish .382 Fib & 200-day MA). From there, BTC headed lower into the weekend but sustained support at $34,760 after spiking as low as $33,520. The daily chart looks pretty choppy, but the short-term 4-hour chart provides a clear symmetrical triangle pattern forming. Yesterday, BTC bounced from...

ADA price started a fresh increase after it tested the $1.32 support zone against the US Dollar. The price is now trading above the $1.50 zone and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1.68 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but the bulls are likely to remain active near $1.58 and $1.55. Cardano price is showing positive signs above the $1.50 zone...