Markets

Bitcoin price started a fresh increase after testing the $54,000 support against the US Dollar. The price is now trading above $55,000, and it is testing the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $54,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a fresh rally if it clears the $57,500 resistance zone in the near term. Bitcoin price is attempting an upside break...

The automatic market maker (AMM) running on top of Ethereum, Balancer, announced that Version 2 of its platform is already live. It promises lower gas costs, a redesigned interface, and an enhanced user experience. Balancer V2 Arrives Built on Ethereum, Balancer is a DeFi protocol enabling users to trade ether and ERC-20 tokens in a trustless, permissionless environment. By providing liquidity to a Balancer pool, they can also earn a portion of the trading fees paid to the...

ADA price started a fresh rally above the $1.500 resistance zone against the US Dollar. The price is now trading well above $1.500 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.500 on the 4-hours chart (data feed via Bitfinex). The price could correct further lower, but the bulls are likely to remain active near $1.550 and $1.500. Cardano price is correcting gains from well above $1.800 against the US...

Ethereum price started a fresh rally above the $4,000 resistance against the US Dollar. ETH price is currently trading well above $3,500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,800 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it is likely to find bids near the $3,800 and $3,600 levels. Ethereum price extended its rally above the $4,000 level against the US Dollar....

[Featured Content] The team behind TimeCoin Protocol is building a brand new decentralized application that attempts to disrupt the eSports industry by enabling players and fans to compete against each other. It goes without saying that NFTs have taken center stage in the past couple of months. Plenty of people speculate on whether the market is in a state of a bubble. Still, the truth is that non-fungible tokens are seeing serious adoption, with athletes, professionals, and...

With a smooth UI, cheap pricing, easy-to-understand utilities and step-by-step guidance, NFTify is primed to step into Shopify’s shoes and traverse this new frontier of online shopping.NFTify doesn’t roll off the tongue the same way as Shopify, but there are strong parallels between the web 2.0 giant and the aspiring web3 marketforce. The one-stop “NFT-commerce” shop built on the Polkadot parachain is gearing up for its highly-anticipated launch.The NFTify token, N1, is hitting the open...

Ethereum (ETH) continues its mega rally taking its year-to-gains at above 460%. As ETH Mega bull run continues, the demand for Ether derivative products increases. The world’s second-largest cryptocurrency Ethereum (ETH) has surged 5% further to a new all-time high above $4100. At press time, ETH is trading at a price of $4126 with a market cap of $478 billion. This makes Ethereum now the 19th most valuable asset in the world toppling giants like Walmart and Johnson & Johnson.At its...

Stellar lumen price started a fresh increase above the $0.5500 resistance zone against the US Dollar. XLM price is now trading well above $0.6000 and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $0.5800 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.6800 and $0.7000 resistance levels. Stellar lumen price is gaining pace above $0.5500 against the US Dollar,...

Ripple price started a steady increase and it tested the $1.75 resistance against the US dollar. The price is now consolidating above $1.50 and close to the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.58 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 $1.58 and $1.60. Ripple price is struggling to stay above the $1.50...

Well, there is good news and there is bad news. The good news is that there have been three instances of stimulus funds being doled out to needy Americans. Thus, if you were struggling due to the coronavirus pandemic, you likely got a little bit of unexpected help in the amount of $3,200 or something similar. The bad news is that if you did not invest that money into Dogecoin, you likely missed out on a big opportunity. Dogecoin Is Growing Like Mad While it is not our...