Markets

Although bitcoin’s price may have tumbled by 40% since its peak, the asset’s popularity and engagements are actually booming. According to recent on-chain data, the number of tweets involving the primary cryptocurrency has spiked to a new all-time high amid and following the latest market crash. Bitcoin Twitter Engagements Through the Roof Jack Dorsey’s social media giant is arguably the most preferred platform for crypto fans, investors, and proponents to engage with each...

This is an excellent year for the cryptocurrency domain. We started strong with a huge rise in value for Bitcoin, then we got into the NFT fever. By the end of this spring, we already had a lot of crypto projects to choose from. Now that you finally joined the crypto area, you may find yourself in a difficult situation – what crypto should you choose for staking? There are a lot of options on the market right now, so it’s not an easy decision.To help you make the right choice, we gathered...

[PRESS RELEASE – Road Town, BYI, 21st May 2021] OpenOcean, the world’s first DeFi & CeFi full aggregator, is expanding its coverage of global markets by providing support for some of the largest languages by the number of speakers and crypto users. OpenOcean users speaking Chinese, Japanese, Spanish, and Russian will be able to enjoy not only the best price with a low fee while swapping on OpenOcean, but also website localization and native support staff for the...

The past seven days were particularly volatile and, unfortunately for many, bears had the upper hand. Bitcoin dropped to a price not seen since January, while the rest of the market followed. Bitcoin Bitcoin is down another 18.5% this week as it trades near $40,900. The cryptocurrency is now down by a total of around 35% from the $64,895 all-time high set in April. BTC saw an extremely volatile week in which prices dropped as low as $30,000 on Wednesday – hitting levels not...

Governments wanting or being able to stop cryptocurrencies is “unrealistic at this point,” noted the former Chairman of the Smithsonian Institution – David Rubenstein. Furthermore, he outlined digital assets’ significant role in the financial industry and predicted that they are not going away. Governments Can’t Stop Crypto With the spectacular growth of the crypto market in the past year or so, numerous experts have broached concerns about a potential ban from world...

ADA/USD – ADA Battling To Stay Above 20-day MA Key Support Levels: $1.66, $1.45, $1.40.Key Resistance Levels: $1.80, $2.00, $2.20. ADA set a new ATH price last weekend as it surged into resistance at $2.52 (1.414 Fib Extension). Unfortunately, it could not continue past this level and ended up rolling over at the start of the week to hit $2.00 by Tuesday. On Wednesday, the BTC market crash called every cryptocurrency to capitulate. During this time, ADA slipped beneath the...

Prominent American economist Paul Krugman once again shared his negative stance towards cryptocurrencies. He compared a Ponzi scheme. Taking Aim at Crypto The most recent adverse price developments in the cryptocurrency market sparked many negative comments. Joining them was the Nobel Prize laureate – Paul Krugman. In an interview for the New York Times, he described cryptocurrencies as a ”long-running Ponzi scheme.” He said that investing in digital assets is very similar to...

Litecoin price declined sharply below $350 and $300 against the US Dollar. LTC price is now trading well below the $250 level and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $255 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is correcting losses, but it is likely to face sellers near $220 and $250. Litecoin price is correcting losses from the $145 support zone against the US...

The NFT mania this bull season is not just limited to crypto enthusiasts and has gained mainstream momentum with the likes of top athletes and celebrity artists auctioning their rare memorabilia and art using blockchain. NFTs have turned into the biggest success story to emerge out of crypto space this bull season and Apollo Space Token (AST) is bringing a unique iteration of the same in the form of decentralized star naming registry. The emerging crypto project aims to...

Elliptic (a British blockchain security & analytics company) successfully traced DarkSide’s primary Bitcoin address, which contained over $90M in payments from 47 different victims. Ransomware As a Service – a Twisted Model DarkSide designs, creates and markets ransomware software to be sold to other cybercriminals who are able to locate the best targets. This type of software has the ability to lock down an entire system, making files and features on it inaccessible...