According to a report by Qatar Financial Centre and Refinitiv, investors stashed $30.4B in global fintech investments in the first 9 months of 2020.Despite 2020 being characterized by economic chaos and market crashes, investors still managed to invest $30.4B in the fintech industry according to the Qatar Fintech Report 2021. The report especially highlighted the exponential interest growth. In 2008, global fintech investments stood at $1B. In a few years, this has gone to over $30B. It is...
Read More »Bitcoin Back to Winning Ways, Soars Above $50,000 after Major Correction
The value of 1 Bitcoin went back above the $50,000 psychological level after Jack Dorsey’s Square revealed that they had purchased 3,318 BTC for $170 million at an average price of $51,236 per coin.Bitcoin (BTC), the world’s first and biggest cryptocurrency by market capitalization, has entered correction and is back on its feet after climbing above the $50,000 resistance level. The revival in the price of the digital asset follows a major correction the coin carried over from the weekend...
Read More »Altcoins To Watch: LTC, KAVA, WAN
Cryptocurrency market looks very optimistic amid statements from the FED Chair Mr. Powell on the development of the Digital Dollar. After yet another Red day experienced on Monday, February 22, Bitcoin and altcoins seem to retrace from their new dips and recover losses.While some leave the market with a pessimistic pulsebeat, others find new opportunities and claim that the crash was normal and the World should buckle up for the new bullish cycle. As the bullish cycle is already knocking on...
Read More »Oddz Finance Raises $2.6M to Build Smart Derivatives Trading Platforms
Oddz Finance aims to provide a seamless derivative experience to users addressing the broader spectrum prevalent in the DeFi derivatives market.Oddz Finance successfully closed Seed and Private Funding rounds of $2.6 million from leading industry players to build smart derivatives trading platforms.Oddz Finance is a decentralized on-chain option trading protocol that simplifies multi-chain option trades. It facilitates creating, maintaining, and settling options contracts, conditional tokens,...
Read More »Tron (TRX) Price Analysis: Key Breakout Zone Sits At $0.051
Tron price started a strong decline and traded below the key $0.0500 support against the US Dollar. TRX price is now recovering from $0.0380, but it is still well below the 55 simple moving average (4-hours). There was a break below a key contracting triangle forming with support near $0.0560 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh increase if it clears the $0.0510 resistance zone in the near term. TRON price is correcting losses above...
Read More »Bitcoin Price Analysis: BTC Could Rally Again If It Overcomes $52K
Bitcoin price rallied to a new all-time high near $58,440 before correcting lower against the US Dollar. The price declined sharply below $52,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support at $51,660 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is recovering, but it must surpass $52,000 to continue higher in the near term. Bitcoin price started a downside correction from well...
Read More »Bitcoin kaufen für Anfänger
Schweiz: Bitcoin kaufen war noch nie so einfach. Das sind die 3 beliebtesten Bitcoin-Börsen Ich werde immer wieder gefragt, wie und wo man als Bitcoin-Einsteiger und Anfänger am einfachsten Bitcoin kaufen kann. Meine Antwort darauf lautet: Investiere in Know How und Wissen. Denn Wissen zahlt sich immer aus; irgendwann. Wer dennoch ein paar Franken übrig hat, welche im schlimmsten Fall auch verloren gehen dürfen, der findet in diesem...
Read More »Bitcoin Is Surging, but Analysts Differ On Whether the Asset Has a Legitimate Future
Bitcoin has been doing extremely well as of late. The currency recently spiked as high as $56,000 per unit, and the world’s number one digital currency is now enjoying a total market cap exceeding $1 trillion. The asset has been on a serious momentum hike, and it doesn’t look like things are set to die down anytime soon.Bitcoin Is Seen Differently By AllBut the asset isn’t seen in a positive light by everyone. In fact, Eric Rosengren – president of the Federal Reserve Bank of Boston – is...
Read More »Bitcoin Hits $1 Trillion Market Cap; How Much Further Will It Go?
Bitcoin has been doing extremely well as of late. At the time of writing, the world’s number one digital currency by market cap has shot beyond the $56,000 mark, and it looks like the currency isn’t set to slow its momentum anytime soon.Bitcoin Is Continuing to ExplodeRecently, bitcoin moved beyond a $1 trillion market cap, making it more comparable to gold. This is more than double the $500 billion it was at during the early portions of 2021. It has also shot up in price by more than five...
Read More »Ethereum Price Analysis: 30% Correction in Two Days But is the Worst Over for ETH?
ETH/USD – Market Falls Of Out Rising Pirce ChannelKey Support Levels: $1465, $1425, $1358.Key Resistance Levels: $1600, $1681, $1700.Yesterday, Ethereum dropped to $1550 but quickly recovered by the end of the day to close the daily candle just beneath $1800. Today, the market tumbled again and declined by another 10% to reach the current $1550 level.Ethereum had slipped further earlier in the day, reaching a low of $1358 before recovering to its current rate. The support here was provided by...
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