Markets

Coinbase-CEO Brian Armstrong hat durch den Coinbase-IPO Millionengewinne gemacht. Der Börsengang des Krypto-Handelsplatzes bescherte dem Vorstandsmitglied knapp 300 Millionen US-Dollar. Auch der restliche Coinbase-Vorstand machte durch das IPO Kasse. US-Börsenaufsicht SEC veröffentlicht Coinbase-Gewinne Der Krypto-Handelsplatz Coinbase ging Mitte April an die Börse und konnte den Wert der Coinbase-Papiere von anfänglich 250 US-Dollar auf zeitweise über 420 US-Dollar erhöhen....

Ethereum price started a fresh increase after testing the $2,000 support against the US Dollar. ETH price is currently trading well above $2,300 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,200 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue higher towards the $2,600 level or even $2,800. Ethereum price is showing positive signs above $2,300 against the US Dollar. ETH/USD...

After being listed by Coinbase Pro, Tether (USDT) price has experienced sharp growth. Tether (USDT), the oldest and leading stablecoin in the cryptocurrency market, has surpassed $50 billion market cap. Notably, there has been a significant demand for the dollar-pegged stablecoin, particularly Tether (USDT) as indicated by a sharp increase in daily traded volume.According to metrics provided by CoinGecko, Tether (USDT) had a daily traded volume of approximately $131 billion. To put the...

Bitcoin has done rather well this year. For the most part, 2021 has been a continuation of the BTC bull run we began to see towards the end of 2020, but now, it looks like the world’s number one digital currency by market cap has taken a turn for the worse, which is causing some analysts – such as Scott Minerd – to feel differently about the coin. Scott Minerd Predicts an Ugly Future for BTC Minerd of Guggenheim Partners has recently repeated the same warning he issued...

Following the peak in May, the global Google searches for “NFT” have been gradually decreasing. With the numerous assumptions that the NFT market is in a bubble state and the comparisons with the ICOs from 2017/2018, the question arises if non-fungible tokens could be bursting soon. NFT Searches Drop Sharply What was 2020 for decentralized finance is 2021 so far for non-fungible tokens. Although NFTs were not invented this year, their popularity saw a massive boost in the...

Polygon could help the Ethereum blockchain to achieve up to 65,535 transactions per block. Polygon (MATIC) price jumped over 32% today and was trading at around $0.4927 at the time of reporting according to metrics provided by CoinGecko. The sudden spike in MATIC in the past few months has been attributed to a high rate in its blockchain adoption by major decentralized financial platforms including SushiSwap, Aave, Curve Finance, and Open Sea.Polygon Network, previously known as the Matic...

According to Dan Ives, the performance of Coinbase is a “barometer” for the growing adoption of Bitcoin and altcoins over the coming years.  Analysts have noted their opinions on the stock of US largest crypto exchange Coinbase Global Inc (NASDAQ: COIN), and stated whether it is a “Buy”. The exchange went public via a direct listing on the Nasdaq on the 14th of April. Ahead of its launch, Nasdaq set Coinbase reference price at $250 a share. However, Coinbase stock opened at $381 and briefly...

The rapidly increasing popularity of PancakeSwap – the decentralized exchange running on Binance Smart Chain – has caught the attention of bad actors. The project warned that a group of scammers is promoting fake airdrops trying to lure victims into claiming them through a fraudulent link. Fake CAKE Airdrops The popularity of the DEX employing the Binance Smart Chain has gone through the roof in the past several months. The fast and cheap transactions resulted in high...

ETH/USD – Market Trades Inside Symmetrical Triangle Pattern Key Support Levels: $2400, $2280, $2162.Key Resistance Levels: $2517, $2642, $2680. Etheruem saw a strong 10% price hike today as the cryptocurrency pushed higher from $2300 to reach the current level. With today’s movement, ETH managed to break the resistance at $2402.50 (1.414 Fib Extension) that it failed to close a daily candle above last week. If today’s daily candle can close above here, it will be a solid...

Stellar lumen price declined heavily from well above $0.6000 against the US Dollar. XLM price is now trading well below $0.5000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.4500 on the 4-hours chart (data feed via Kraken). The pair is likely to start a fresh increase if it clears the $0.4500 and $0.5000 resistance levels. Stellar lumen price is consolidating above $0.4000 against the US Dollar, while...