Markets

Today, Ethereum-based DEXes have been taking the crypto world by storm and have assumed the front-and-center stage for optimized trading. DeFi users rely on Ethereum-based DEXes to execute quick and easy trades, the most popular being Uniswap. DEXes have amassed enormous amounts of liquidity, eating up a substantial portion of the market share from centralized competitors. Their use case is well established, as users of all kinds continue to flock to them to benefit from...

EOS started a fresh decline after it failed to clear the $4.300 resistance against the US Dollar. The price is currently trading well below the $4.000 support and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $4.050 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could correct higher, but it is likely to face sellers near $3.750 and $3.800. EOS price is showing bearish signs below...

Litecoin price is showing bearish signs and it declined from the $200 resistance against the US Dollar. LTC price is now trading well below the $200 level and the 55 simple moving average (4-hours). There was a break below a declining channel with support near $180 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue lower below $170 and $165 in the near term. Litecoin price is showing bearish signs below $200 and $195...

As bitcoin’s price added roughly $4,000 in a day, on-chain data shows that miners have enhanced their holding mentality and stopped disposing of their coins.At the same time, institutional investors continue accumulating large portions of BTC after another sizeable withdrawal from Coinbase worth over $800 billion.Miners HODLMiners, also known as the backbone of the Bitcoin network, receive coins as rewards for the work they put in to maintain BTC’s blockchain. Their behavior and approach...

Bitcoin is doing rather well as of late, but we cannot deny that the world’s number one digital currency by market cap has suffered a few setbacks in the past few days, such as falling from its recent high of $61,000 per unit down to the “measly” $58,000 it’s at during the time of writing. Don’t get us wrong – $58,000 isn’t necessarily bad, but it’s not where bitcoin was, and we’re eager for all-time high territory again. Well, according to Lennard Neo – head of research...

Bitcoin is up more than 600 percent over the last year, making it the most talked about coin – and likely the most talked about asset – amongst traders. Everyone acknowledges it as the number one digital currency by market cap, and it has recently crossed the $1 trillion threshold. At this stage, anyone who hasn’t heard of bitcoin is likely living under a rock, but many analysts still believe that Ethereum could potentially overtake the asset as the number one coin in...

Blockchain.com funding was led by DST Global, Lightspeed Venture Partners and VY Capital.Blockchain.com, a global cryptocurrency exchange with other crypto-focused services, has raised $300 million from private investors bringing its market valuation to $5.2 billion according to Wall Street Journal. Notably, WSJ also noted that the Blockchain.com funding was led by DST Global, Lightspeed Venture Partners, and VY Capital.Blockchain.com was founded back in 2011 and has over time been involved...

[Press Release – Lugano, Switzerland, 24th March, 2021, // ChainWire //]Jelurida Swiss SA is pleased to announce the publication of the launch roadmap for one of its flagship applications, BridgeChamp. BridgeChamp is a blockchain-based gaming platform centered around the popular game of contract bridge. The roadmap, which runs to the end of 2021, will see the project through all phases leading up to a full launch to the general public in Q4.BridgeChamp was conceived in 2020 by Jelurida, which...

The announcement fueled a short rally in BTC price despite its losing strength against the USD. Accepting Bitcoin payment is a major step in getting it into the mainstream financial ecosystem.Bitcoin (BTC) which seemed under pressure earlier today has now reversed its trajectory northwards. Thanks to Elon Musk who once again came to the rescue of the Bitcoin investors. Earlier today, Musk announced that automobile giant Tesla Inc (NASDAQ: TSLA) has now started accepting Bitcoin (BTC) payments...

With Coinbase’s impending direct listing reportedly coming next month, reports emerge frequently indicating the impact of a crypto company going public for the industry and for the exchange itself. According to the latest estimations, Coinbase CEO Brian Armstrong could become the latest tech decabillionaire with his current stake of roughly 40 million shares.Armstrong to Become Decabillionaire?CryptoPotato has reported Coinbase’s plans to go public in the past, with the latest indicating that...