Markets

This partnership creates a win-win for both Harmony and Knit Finance. Users can use the Harmony (ONE) token on the Knit Finance marketplace, whereas Knit can unlock several other potential use cases in DeFi.On Monday, May 17, Harmony, the sharding protocol with a trustless Ethereum bridge, announced its partnership with Knit Finance. Soon after the news, Harmony’s native crypto ONE token has shot 10%. At press time, Harmony (ONE) is trading at a price of $0.16 with a market cap of $1.5...

[Press Release – Amsterdam, Netherlands, 18th May 2021] SingularityNET’s first DeFi spin-off project, SingularityDAO, is announcing today their partnership with leading decentralized data provider Ocean Protocol. The collaboration will see the OCEAN token’s inclusion in SingularityDAO’s index fund/investment portfolio. Moreover, SingularityDAO is designed to leverage AI at multiple levels: AI manages dynamic token-sets, executes predictive market-making strategies to provide...

[PRESS RELEASE – George Town, Cayman Islands, 18th May 2021] BlockSwap Network is pleased to announce a strong partnership and collaboration with Algorand. Through this collaborative effort, both teams will bring forth the AlgoSaver solution. Introducing a sustainable saving market for mainstream users offering 7% on USD deposits is a significant milestone for both teams. The partnership between Algorand and BlockSwap Network is possible through the Algorand EU Accelerator....

Stellar lumen price corrected lower from the $0.8000 resistance zone against the US Dollar. XLM price is now trading just below $0.6800 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.6200 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.6850 and $0.7100 resistance levels. Stellar lumen price is holding ground above $0.6000 against the US Dollar, similar to...

Ripple price is holding ground above the $1.22 support zone against the US dollar. The price is now consolidating above $1.45 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near the $1.5500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above $1.55 and $1.60. Ripple price is trading nicely above the $1.40 support against the US...

Coinbase’s IPO was great news for cryptocurrency enthusiasts. Still, since that time, the company’s share price has done nothing but slide. In the midst of that collapse, the leading U.S. cryptocurrency exchange is looking for an even more significant cash infusion. As per a P.R. published a few hours ago, the U.S. company revealed its intention to offer $1.25 Billion of Convertible Senior Notes Due 2026. Coinbase Wants To Speed Up Its Growth The offering would be private and...

Over the past year, people have really rejected the idea that bitcoin is just a speculative tool. Many are now looking at it through a new lens and see it as a hedge tool; something that can keep one’s wealth stable during times of economic strife. Bitcoin Has Been Tanking… The ongoing challenge of inflation – which has been prominent ever since the coronavirus pandemic first began striking against our global financial markets – has caused many people to see bitcoin as...

Bitcoin has fallen deeply into a state of oblivion. Once trading for well over $64,000, the world’s number one digital currency by market cap has lost nearly $20,000 in value since last month and is presently trading for just over $47,000. Bitcoin Is Still Being Bought Up Among many analysts is an attitude of gloom and doom. Some consider the end of bitcoin to be near, while other largescale investors – such as Michael Saylor of MicroStrategy fame – think that this is...

Bitcoin just keeps falling into oblivion. At the time of writing, the world’s number one digital currency by market cap has dropped into the $47,000 range, which is lower than it has been in quite a long time – especially considering at around this time last month, the asset was trading for well over $64,000. However, it was expected that BTC would undergo a hard correction considering how fast it moved up, and Anthony Scaramucci of Sky Bridge Capital believes the asset...

Charles Hoskinson, the founder of Cardano, believes that the best is yet to come for the ADA community citing the much-anticipated Alonzo Testnet as a vital tool that will set the growth of ADA on a bullish path.Cardano’s ADA price is down by 10% following the recent market pullback but founder Charles Hoskinson says its Alonzo Testnet launch is the latest tool that will propel the digital coin to even greater heights. ADA wasn’t exempted from the recent market wipeout which saw many digital...