As a new investor, it can be quite challenging to know what exactly is going on in the frantic crypto market. At times, the cryptocurrency market seems like a living and breathing entity, with prices following both facts and hype. But no matter if you are new in the market that wants to buy bitcoin with credit card or a seasoned veteran that trades daily, there are some crypto influencers that everyone should be following. Sometimes, a single tweet from these crypto...
Read More »Bitcoin Concludes Another Choppy Week Below $40K: The Crypto Weekly Recap
Bitcoin, and the entire cryptocurrency market, saw yet another choppy week where prices failed to recover substantially and continued to struggle. The past seven days didn’t exactly go according to the intentions of bulls as the price of BTC is down about 9%, currently trading around $37,000. It all started last Friday when the price dropped from above $40,000 down to about $35k. In a sequence of choppy actions, the price attempted to take back the important psychological and...
Read More »JPMorgan’s CEO Jamie Dimon: Stay Away From Bitcoin
Although the organization he runs is significantly more opened to the cryptocurrency world these days, JPMorgan’s CEO, Jamie Dimon, advised people to stay away from digital assets. Nevertheless, he admitted that institutional clients of the bank have shown a high demand for such products in recent months. Stay Away From Crypto, Says Dimon The Chairman and Chief Executive Officer of JPMorgan Chase and Co has a somewhat controversial history with bitcoin and the rest of the...
Read More »Meet Two of World’s Biggest Holders of Cryptocurrency
According to Kyle Davies, the dip in the cryptocurrency market is nothing to be too scared of for cryptocurrency investors. A significant portion of the entire cryptocurrency reserve in the world is concentrated in a unique place: ex-Deutsche Bank traders and the co-founders of Three Arrows Capital Su Zhu and Kyle Davies are among the biggest holders. The duo downplays the effect that Elon Musk’s recent Twitter episode will carry into the future for cryptocurrency markets.Early Cryptocurrency...
Read More »GNY.io Announces Enterprise Partnership With N1 Supermarkets In Switzerland
[PRESS RELEASE – Please Read Disclaimer] London (May 27, 2021): GNY announced it’s first enterprise partnership today, sharing that it would provide N1 Supermarkets in Switzerland with machine learning powered solutions for customer engagement and rewards. N1 is the official, and exclusive partner of Intermarche in Switzerland. Intermarché, the European grocery giant, had 46.3 billion euro sales last year and this is their exclusive backed project entry into the Swiss...
Read More »JD Logistics Shares Jumps over 17% from IPO Pricing of HK$40.36 on Friday
During the financial year 2020, JD Logistics arm reported revenue of approximately $11 billion.JD Logistics shares closed Hong Kong IPO debut trading at HK$41.70, up 3.3% from the opening price. JD Logistics is a spin-off from the Chinese e-commerce firm JD.com Inc (NASDAQ: JD). Notably, JD Logistics shares had risen as much as 18% during the Hong Kong trading hours.Consequently, JD shares on Nasdaq tweaked approximately 0.23% during the Friday pre-market session to trade around $73.00....
Read More »1inch Partners Mercuryo to Enable Fiat Gateways for DeFi
Petr Kozyakov, the CEO and co-founder of Mercuryo, says 1inch Network company has seen “great demand” for fiat onramp solutions to DeFi.The decentralized exchange aggregator 1inch Network officially announced its partnership with Mercuryo, a cross-border payment network. The collaboration will enable all 1inch wallet users to experience a hitch-free gateway to DeFi, which will open up it market to greater adoption.In the past, some users have been discouraged from entering the DeFi space...
Read More »Chia Network’s XCH Price Slumps as Mining Activities ‘Destroyed’ Hard Disc Supply Chains
It is essentially clear that the mining of Chia coin comes with its own challenges, even though it takes less energy compared to Bitcoin as it is based on the Proof-of-Stake (PoS) model.Chia Coin, the sensational blockchain protocol touted as a greener alternative to the energy-intensive Bitcoin (BTC) has seen the price of its token, the XCH drop in tandem with the ongoing market correction. The coin opened up for trading on the Huobi Global crypto exchange earlier in the month with its price...
Read More »Crypto Price Analysis & Overview May 28th: Bitcoin, Ethereum, Ripple, Cardano, & Polygon (MATIC)
It was another tough week in the cryptocurrency market where almost everything is trading in the red. Here’s how some of the major coins performed over the past seven days: Bitcoin Bitcoin is down by a total of 10.3% over the past seven days of trading as it currently sits around $36,000. The cryptocurrency had spiked as low as $31,185 (downside 1.618 Fib Extension) on Sunday, but the buyers managed to close the daily candle at $34,760 (downside 1.414 Fib Extension). From...
Read More »Is Cryptocurrency Sound Investment?
With cryptocurrencies, the data is available online for free because the community is dedicated to leveling up people who want to join the ranks.When it comes to investing money, there is a temptation to ensure your assets are 100% secure. The last thing you want is to lose your hard-earned cash, which is why it’s easy to let the niggling doubts creep to the forefront of your mind.With cryptocurrencies, there are seemingly as many problems as there are advantages, which is why you might have...
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