Markets

Ethereum has been one of the best-performing digital assets this year. The digital coin’s year-to-date gains are over 480% and despite its slight slide, its value is up by 65% over the last 30 days and 7.4% in the last 24 hours. The crypto coin market has now surpassed $2.5 trillion in total market cap as many digital coins continue to put up impressive performances this year. The total market cap of crypto assets over the last 48 hours has seen a rise of $228.13 billion and now stands at...

After a sharp correction earlier on Tuesday, shares of Big Tech made a good recovery by the end of the trading session. The fears of inflation continue to hover over the market. On Tuesday, May 11, it was quite a volatile session for the US stock market with Nasdaq (INDEXNASDAQ: .IXIC) and Dow Jones (INDEXDJX: .DJI) staying under pressure. Earlier in the day, tech-heavy Nasdaq was under pressure amid rising concerns of inflation & high valuations. the selling, however, was visible...

Jordan Sweetnam, Senior vice VP and General Manager for eBay’s North America Market, revealed that eBay will also add new capabilities that bring blockchain-driven collectables to the platform. E-commerce platform eBay on Tuesday allowed the sale of non-fungible tokens (NFTs). This comes after eBay CEO Jamie Iannone’s May 3 interview with CNBC revealing that the platform was considering adding crypto as a mode of payment. The move makes eBay the first e-commerce firm to delve into the...

Tron price found support near $0.1200 and it is now correcting higher against the US Dollar. TRX price is now trading above the $0.1350 support and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1400 on the 4-hours chart (data feed via Bitfinex). The pair could extend its rally after there is a clear break above the $0.1500 barrier. TRON price is showing positive signs above $0.1350 against the US...

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...