Markets

Bitcoin has been doing extremely well as of late. Not too long ago, the world’s number one digital currency by market cap reached a new all-time high of approximately $63,000 per unit, though according to some – such as Mark Cuban, the billionaire owner of the Dallas Mavericks basketball team – we have only hit the tip of the iceberg, and the price of bitcoin is going to get much bigger. Mark Cuban: BTC Will Be a Much Bigger Asset BTC has struck new heights over the past...

Ethereum has hit a new ATH. Ethereum price is now up over 1400% in the past year.  Ethereum (ETH) market price was up nearly 8% today and hit its all-time new high around $2,593.00. As a result, Ethereum’s total market capitalization jumped to around $298.1 billion, with its 24% traded volume on average at around $55.75 billion.The second most valuable digital asset by market capitalization and also DeFi leading ecosystem saw its volatility spike during the day. According to market data...

XRP/USD – Bulls Battle To Stay Above .382 Fib & 20-days MA Key Support Levels: $1.29, $1.25, $1.12.Key Resistance Levels: $1.40, $1.50, $1.77. XRP might be down 28% this week, but it seems the bulls have found solid support at $1.29, provided by a .382 Fib. XRP has closed each daily candle above this support for the past four days, and it is now further bolstered by the 20-days MA. On Sunday, bitcoin suffered a significant price drop which caused the entire market to head...

With the hotness of the cryptocurrency market, more and more people want to make a pot of gold on it. Many messy trading platforms have gradually appeared in the market, but they do not have a good regulatory agency to control and supervise them. Recently, Bexplus, an exchange that has been established for three years, has officially obtained the MSB license under the guidance of the U.S. regulator FinCEN (a financial crime enforcement agency under the U.S. Department of...

Currently, it is not clear what the UK’s Financial Conduct Authority will see fit for the new Binance tradable stock tokens services. The UK’s Financial Conduct Authority speaking to the Financial Times noted that it is working with cryptocurrency exchange Binance to understand its latest services that entail Tradable Stock Tokens. Reportedly, the regulator wants to understand the regulations that may apply to it and also how the firm markets the new feature.Speaking to the FT, the...

Hyundai Motor Company is planning to mass-produce Electric Vehicles (EV) by developing solid-state batteries to implement this plan. Hyundai Motor Company (KRX: 005380) is enjoying a form of its life after recording a Q1 profit that is close to its all-time high in four years. Their net profit surged from 463 billion last year to 1.5 billion won in the first quarter of this year after surging by 175.4%. After releasing their quarterly report, their shares recorded a 2% surge in the stock...

It has taken the second-largest cryptocurrency by market cap less than a week to break above its ATH record. Ethereum has jumped by more than 10% on a 24-hour scale and spiked north of $2,570.  CryptoPotato reported over the weekend the steep market-wide retracements in which all digital assets saw $360 billion evaporated from the market capitalization.  Ethereum was no exception. It had come off right after its record at the time of just shy of $2,550 and plummeted by...

Liquidity providers in DeFi can now earn rewards in NFT token BAEPAY and use it across different Blockchain Art Exchanges. The non-fungible token (NFT) marketplace has seen a solid surge in recent times. It is already a multi-billion dollar market and some of the biggest names from the digital art, sports, entertainment, and the music world are riding currently on the NFT mania.However, we are today talking about mybae.io, a unique NFT platform that caters to the requirements of DeFi users....

EOS started topped near $8.872 and started a fresh decline against the US Dollar. The price is currently trading well below the $7.000 support and the 55 simple moving average (4-hours). There is a key contracting triangle forming with support near $6.200 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could either start a fresh rally above $6.70 or it might dive towards the $5.00 support. EOS price is holding a key support near the $6.00...

Litecoin price topped near the $335 level and corrected lower against the US Dollar. LTC price is now trading well below the $300 level and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue lower if there is a downside break below the $250 support. Litecoin price is showing bearish signs below $280 against the US...