Markets

Less than two years after entering the Japanese market, Enjin Coin has received approval from the country’s JVCEA to be listed on the cryptocurrency exchange Coincheck. Thus, the asset has become the first gaming token authorized for usage in the Asian nation.JVCEA Approves Enjin Coin’s Listing On CoincheckLaunched following several high-profile exchange hacks in 2018, Japan’s Virtual Currency Exchange Association (JVCEA) received approval from the country’s financial regulator, the FSA, to...

[PRESS RELEASE]MV Index Solutions has launched the Universal Standard Diamonds Evaluation 100 Index (USDE) in collaboration with Diamond Data Derivatives Ltd. (“DDD”) and with the calculation agent CryptoCompare.An investable benchmark index to quantify physical diamonds, the USDE captures the global market for cut and polished wholesale diamonds based on the sales volume of the top 100 traded diamonds. The index, which is composed exclusively of natural lab-graded diamonds, was created by...

Cryptocurrency traders that want to benefit from the infamous market volatility would be able to do so by taking advantage of COTI’s recently launched Crypto Volatility Index (CVI). Users will be able to place positions in anticipation of significant fluctuations in either direction.The First Decentralized Crypto Volatility IndexCOTI is a blockchain project that describes itself as a “fully encompassing finance” on the distributed ledger technology. It’s designed to meet and address...

ETH/USD – Bulls Set New ATH PriceKey Support Levels: $1390, $1350, $1275.Key Resistance Levels: $1473, $1530, $1600.Ethereum was trading in a short term symmetrical triangle pattern as it struggled to break resistance at $1276 (bearish .886 Fib) over the past four days of trading. This resistance was finally broken with today’s 12% price hike, which saw the cryptocurrency breaking the previous ATH record.It went on to set a new ATH price at $1439, marginally above the previous one at $1425....

The acquisition process began back in July 2019 when Cisco agreed to purchase the networking chips maker Acacia for about $2.6 billion. Cisco Systems Inc (NASDAQ: CSCO) has received its final approval to acquire Acacia Communications Inc (NASDAQ: ACIA) from the China State Administration for Market Regulation. However, the approval comes with set conditions by the Chinese regulator that requires the companies to honor existing contracts with Chinese clients for the next five years.Besides,...

Analysts remain bullish on SNAP stock and believe that the company will continue to pull in gains.Snap Inc (NYSE: SNAP) has been outperforming its rival companies. Recent research by MoffettNathanson revealed that the company is poised to further growth in the coming year. SNAP stock has climbed over 163% in the last year which is really high if compared to Twitter Inc (NYSE: TWTR), which surged about 32% over the past year, and Facebook Inc (NASDAQ: FB), which is up 13.15% over the same...

ADA price rallied above the $0.3000 and $0.3500 resistance levels against the US Dollar.The price is now correcting gains from $0.3982 and it is well above the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $0.3220 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher as long as it is above the $0.3200 support in the near term.Cardano price is correcting gains from the $0.4000 zone against the US Dollar, while...

Ethereum price gained bullish momentum and cleared the $1,250 resistance against the US Dollar.ETH price is currently trading well above $1,300 and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $1,250 on the 4-hours chart (data feed from Coinbase).The pair is eyeing an upside break above the $1,380 and $1,400 resistance levels.Ethereum price is trading in a bullish zone above $1,250 against the US Dollar. ETH/USD is likely to...

KuCoin Trading Bot Is Now Live, A New Way To Make Passive Income The KuCoin Trading Bot is now online, providing a better trading experience for users. Users can experience the KuCoin Trading Bot for free via the latest version of the KuCoin App, making stable passive income easier. The KuCoin Trading Bot currently supports “Classic Grid” and “DCA”. We will continue to add...

Bitcoin is trading for just over $36,000. Despite a recent $4,000 drop, the asset is still considered to be doing well by analysts and industry experts alike. However, the cryptocurrency is once again being outdone by several smaller coins, particularly those in the decentralized finance (Defi) space.Defi Is Seriously Outdoing the Ranks of BitcoinBitcoin has added roughly 300 percent to its price over the past year. It is the largest and most popular cryptocurrency by market cap, and has thus...