Markets

The TimeCoinProtocol’s TMCN token sale is a well-structured one with an accompanying lock-up period.The TimeCoinProtocol, a blockchain-based decentralized sharing economy platform built atop the Ethereum blockchain is set to expand the reach of its native token with the ticker symbol, “TMCN,” by bringing it to the mainstream market. Per a press release shared with Coinspeaker, the project which brings to the crypto ecosystem unique functionalities and offerings particularly in the growing...

The Federal Reserve chairman acknowledged the surge in the US Treasury bond yields but didn’t suggest any action to keep the long-term yields under check.On Thursday, March 4, the US stock market remained under pressure with the Dow Jones Industrial Average closing 345 points down. DJIA (INDEXDJX: .DJI) ended the trading session 1.1% down closing at 30,924 levels. During the trading hours on Thursday, the blue-chip benchmark tanked 700 points. Not only Dow is losing points. The tech-heavy...

Polkadot’s DOT went through a major flash crash on Binance’s COIN-margined futures platform which saw its price reduced to $0.20.The past couple of days have been somewhat challenging in the cryptocurrency market, as the entire capitalization saw around $150 billion wiped off.The adverse developments followed Wall Street’s slump as legacy markets suffer throughout the entire week.Meanwhile, Bitcoin’s realized correlation with the S&P 500 sits at a 5-month high which, naturally, reflects...

Bitcoin cash price is struggling to clear the $550 resistance zone against the US Dollar. The price is now trading below $500 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $525 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down towards the $450 and $415 support levels. Bitcoin cash price is showing bearish signs below $500 against the US Dollar, similar...

It looks like the trouble bitcoin has been experiencing as of late is coming to an end. The world’s number one digital currency by market cap has been traversing the doldrums as of late, falling even further into the mid-$40,000 range, though at the time of writing, things have improved somewhat. The currency is back above the $50,000 line and trading more in the range that investors have become used to these past few weeks. Bitcoin Is Starting to Improve The present...

[PRESS RELEASE – Please Read Disclaimer]Mar 3, 2021 – Polkadex, the decentralized exchange (DEX) built for Web3 and decentralized finance (DeFi), has raised $3 million in seed and private investment rounds from LD Capital, Kenetic Capital, OkEx capital, NGC, QCP, AU21 Capital, CMS Holdings, OKEx Capital, PNYX Capital, Genesis Block Capital, JRR Group, Cluster VC, GBIC,  Momentum 6 and Outlier Ventures. The proceeds will be used to fuel Polkadex’s growth and become the first orderbook based...

Ripple’s CEO Brad Garlinghouse and co-founder Chris Larsen have recently appealed to Judge Analisa Torres, filing two separate motions to dismiss the US SEC’s amended complaint against Ripple and its executives.Regulatory OverreachIn a letter dated March 3, 2021, the Attorneys representing Garlinghouse stated that the lawsuit filed by the SEC against Ripple was simply a “regulatory overreach.”They argued that the SEC’s allegations of Garlinghouse aiding and abetting the sale of XRP, which...

ADA/USD – Bearish Divergence Sends Market LowerKey Support Levels: $1.07, $1.00, $0.944.Key Resistance Levels: $1.20, $1.32, $1.40.ADA is down by 9% as it falls beneath the support at $1.22 (.236 Fib) to reach $1.14. The cryptocurrency is now down by a total of 23% since hitting the ATH price at $1.48 last week. Nevertheless, ADA is still up by a whopping 224% over the past month of trading, so the retracement could be somewhat expected.There were hints of bearish divergence since...

With the NewsCrypto Coin (NWC) token now being launched on PancakeSwap, users are able to benefit from its impressive liquidity and range of additional features – providing even more utility to NWC holders. Cryptocurrency trading education, analytics, and social prediction platform NewsCrypto is set to become one of the first cross-chain cryptocurrencies added to PancakeSwap – the leading decentralized exchange on Binance Smart Chain.As a platform designed to make cryptocurrency trading more...

UBS analyst also highlighted that “Tesla has the potential to become one of the most valuable software companies.”The performance of leading electric car maker Tesla Inc (NASDAQ: TSLA) in the stock market has convinced a long-time skeptic into a fervent believer of the potential it holds. The hitherto skeptic, UBS analyst Patrick Hummel, was forced to change tunes as he more than doubled his Tesla stock price target from $325 to $730 while adding that the “the narrative is no longer about the...