Markets

After another unsuccessful attempt to decisively overcome the $50,000 price mark, Bitcoin has fallen to $49,000 again. Altcoins, which showed brief signs of recovery yesterday, have dropped again, with Ethereum beneath $1,600 and BNB back to $240.Bitcoin Drops Below $50,000 AgainThe past several days didn’t go well for the bitcoin bulls as the cryptocurrency plummeted by more than $13,000 in about a day or so at the start of the week. They attempted a rapid recovery, which drove the...

EOS failed to surpass the $5.500 zone and corrected lower against the US Dollar. The price is currently trading well below $4.400 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $4.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could either recover nicely above $4.000 or it might decline again towards $3.200. EOS price is consolidating losses below $4.500 against the US Dollar,...

One of the most successful financial markets to boast of a high volume of daily trading is the Forex market. In this market, trading based on different currencies takes place. The single most intriguing aspect of the Forex Market is the lack of a central marketplace. All the tradings take place over the internet networks. It is also the main reason why the market is active all the time. When you venture into the Forex market, you will need all the help you can get. The...

Litecoin price started a sharp downside correction from the $250 resistance against the US Dollar. LTC price is now trading well below $200 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $188 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear the $190 and $200 resistance level for more upsides in the near term. Litecoin price is consolidating losses below $200 against the...

The crypto industry has finally said goodbye to a 3-year bear market. The new year began with a renewal of historic highs across the market spectrum. One of the reasons is that people can today use BTC, LTC, and other digital assets not only for professional purposes but also for playing at CasinoChan Canada or paying for the pizza. Yet, it’s better to try investing using stock market simulators. Here are the 6 greatest programs. What Are Stock Market Simulators Stock...

In a blog post on Feb. 25 titled “Coinbase is a decentralized company, with no headquarters”, CEO Brian Armstrong stated that the firm has moved to a ‘remote first environment’.No HQ = Decentralized?He added that 52% of their employees have joined the company in a ‘post-office world’ and 95% of them have the option to work from home. Originally based in San Francisco, many company employees have dispersed across the globe since the beginning of 2020.“It has helped us attract top talent. One...

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Bordier & Cie SCmA, a leading Swiss private bank founded in 1844, has expanded its offering to include cryptocurrencies by incorporating Sygnum’s B2B banking platform. This partnership enables Bordier’s clients to invest today in the digital asset economy with complete trust, and lays the foundation for a broader offering of regulated digital asset...

Oh, Elon Musk… You just can’t seem to make up your mind, can you? One minute, you’re all over bitcoin and investing billions of dollars in the world’s number one digital currency by market cap. The next minute, you’re saying something that doesn’t work well for the asset and every trader – yourself included – winds up experiencing some level of loss. Elon Musk Has Potentially Caused a Dip in the BTC Price This is the case behind last weekend’s market dip, in which...

PreSaga is set to become the Uniswap of prediction markets, disrupting the space and bringing users a new and better experience.With 24/7 news cycles streaming uninterrupted coverage of a global pandemic, widespread economic insecurity, political violence, and massive cultural clashes, everything feels uncertain. But for one cryptocurrency niche, uncertainty is the key to success.Prediction markets are just what they sound like; they’re digital marketplaces where users can bet their...

XRP/USD – Bears Starting To Retake ControlKey Support Levels: $0.45, $0.4, $0.36.Key Resistance Levels: $0.5, $0.556, $0.6.XRP had seen an interesting few days this week as it surged as high as $0.685 (1.272 Fib Extension) on Monday when the rest of the market was tumbling. By the end of the day, XRP had dropped back into the $0.56 level to close the daily candle.Yesterday, XRP saw a steep downturn as it dropped beneath $0.5 to reach as low as $0.36. The bulls quickly regrouped and allowed...