Markets

UniSwap’s UNI DeFi token has shot to fame with a massive rally this year. The latest price jump comes on the backdrop of improving fundamentals of the UniSwap network.While the broader cryptocurrency market remains under pressure, the decentralized finance (DeFi) crypto space draws investors’ attention. Over the last week, the overall DeFi market is up 50% with UniSwap’s UNI DeFi token leading the show.The decentralized exchange (DEX) UniSwap’s native UNI token surged all the way to its new...

[PRESS RELEASE – Please Read Disclaimer]FINDORA announced the investment in the startup LZMicro in the amount of two million US dollars, as part of its strategic investment to achieve the expansion of its fast-growing ecosystem.LZMicro is a leading integrated circuit design company and ZK-as-a-service provider, made up of experienced doctors from Harvard and Maryland Universities,offering a new category of computing hardware for cloud, edge and IoT industries called Privacy-Preserved...

EOS failed to clear the $3.000 resistance and declined below $2.800 against the US Dollar.The price is currently trading well below $2.800 and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $2.650 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.650 and $2.800 resistance levels.EOS price is trading above a major support near $2.400 against the US Dollar, while...

Bitcoin has reclaimed the $30,000 price tag after another brief drop beneath it yesterday. Most alternative coins have also bounced off the lows as ETH has neared $1,300, while UNI jumped to a new all-time high.Bitcoin Swings Around The $30KFollowing an unsuccessful attempt to overcome $35,000 earlier this week, bitcoin started to gradually decrease in value. The adverse movements culminated in another price drop beneath the psychological $30,000 level, as CryptoPotato reported...

Litecoin price started a fresh decline below the $135 and $130 support levels against the US Dollar.LTC price is trading just above the $120 support and it is well below the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face many hurdles such as $135 and $140.Litecoin price is showing bearish signs below $135 against...

Although the price of bitcoin fell by over $10,000 since its all-time high of $42,000, historical on-chain data suggests that the asset could still experience a significant increase in the following months.Simultaneously, another indicator implied that BTC’s correction has gone through its most harmful stage and could end soon.BTC’s Correction To Finish Soon?Following a substantial price increase that led to a new all-time high in early January, the primary cryptocurrency hit a wall and...

Ever since last summer, the DeFi space is booming. The total value locked in various protocols has surged to more than $24 billion, up some 4000% in less than a year. But there’s one challenge that many believe is hampering the further growth of the space – sky-high ETH gas fees.The Booming DeFi SpaceThe massive increase in popularity of decentralized finance (DeFi) led to the creation of hundreds of projects, each one battling to garner the user’s trust. One of the more successful ones is...

It’s a bloody day on the markets across the board. Cryptocurrencies experienced substantial losses, while traditional markets also opened in the red, highlighting the current correlation.Bitcoin dipped below $30,000 while the entire capitalization dropped below $900 billion.Cryptocurrency Markets SufferAs CryptoPotato reported earlier today, Bitcoin continued its regress today, sliding by almost 7% at one point. The cryptocurrency dipped to as low as $29,150 on Bitstamp, and even though it...

LVMH saw its business cramble last year amidst the COVID-19 pandemic as many governments across the world forced retail shops and businesses to close down.LVMH Moët Hennessy Louis Vuitton (EPA: MC) shares saw a 1.3% rise in the early trading session on January 27, after its fashion business brand Louis Vuitton put up a good LVMH performance in Q4. LVMH shares were among the top performers on CAC-40, France’s benchmark stock market index in the early stages of Wednesday, taking fellow french...

With the plans to raise $1.5 billion through its ongoing IPO, Qualtrics has made a series of adjustments to its shares offering to the public in recent days.The Chief Executive Officer of German multinational software, SAP SE (NYSE: SAP) Christian Klein has disclosed that the proposed IPO of its subsidiary, Qualtrics, an American experience management company, is ‘massively oversubscribed’ by investors. Per a CNBC report, Klein noted that the demand for the shares of the software company has...