Where will non-fungible tokens (NFTs) be in the next few years? NFTs… Where Will the Future Take Them? NFTs were, at one point, the big rage of the crypto industry. They saw a lot of action and activity, and within two or three years, the arena was worth billions of dollars and was all the rage of crypto fanatics. However, since then, NFTs have taken a serious dive, and we’re not seeing that many people engaged with them anymore. In a recent roundtable that saw...
Read More »Memecoin Frenzy Hits Coinbase-backed Base with Increased Risks of Rug Pulls
CoinspeakerMemecoin Frenzy Hits Coinbase-backed Base with Increased Risks of Rug Pulls Some memecoin traders were lucky to make huge returns from a small investment while others were rug pulled with a promise of future return. Memecoin Frenzy Hits Coinbase-backed Base with Increased Risks of Rug Pulls
Read More »Upbit Suspends CRV Trading after Curve Finance Exploit
CoinspeakerUpbit Suspends CRV Trading after Curve Finance Exploit Upbit noted that CRV has experienced increased volatility. Upbit Suspends CRV Trading after Curve Finance Exploit
Read More »Stellar Lumen (XLM) Price Aims Fresh Increase To $0.18
Stellar lumen price is attempting a fresh increase from the $0.14 zone against the US Dollar. XLM price is now trading above $0.150 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.145 on the 4-hour chart (data feed via Kraken). The pair could start a major increase if there is a clear move above the $0.1650 resistance zone. Stellar lumen price is trading above $0.150 against the US Dollar,...
Read More »Ripple Price Analysis: XRP At Risk of Reversal Below $0.675
Ripple price started a fresh decline below the $0.785 zone against the US dollar. The price is now trading below $0.725 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.715 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.675 support zone. Ripple price is struggling below $0.765 against the US Dollar, similar to Bitcoin. XRP price...
Read More »Bitcoin Cash Analysis: Risk of Downside Thrust Below $230
Bitcoin cash price started a fresh decline below the $255 zone against the US Dollar. The price is now trading below the $250 zone and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $248 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $254 resistance zone. Bitcoin cash price is declining below the $250 zone against the US...
Read More »Derivatives Exchange Gemini Preps to Host Trading Competition Next Month
CoinspeakerDerivatives Exchange Gemini Preps to Host Trading Competition Next Month Gemini launched its derivative platform Gemini Foundation in May in the heat of the regulatory tension in the United States. Derivatives Exchange Gemini Preps to Host Trading Competition Next Month
Read More »EOS Foundation Would Be Suing Block.One for Failing to Honour $1B Commitment
CoinspeakerEOS Foundation Would Be Suing Block.One for Failing to Honour $1B Commitment The EOS community has encountered significant problems since Block.one failed to honour its commitments of supporting the EOS Network and community. EOS Foundation Would Be Suing Block.One for Failing to Honour $1B Commitment
Read More »EOS Price Analysis: Risk of More Losses Below $0.73
EOS price started a fresh decline from the $0.80 zone against the US Dollar. The price is now trading below $0.765 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.767 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.760 and $0.780 resistance levels. EOS price is struggling below $0.760 against the US Dollar, like Bitcoin....
Read More »Litecoin (LTC) Price Analysis: Fresh Increase Possible Above This Resistance
Litecoin is slowly moving higher from the $88 support against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $92.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $92 and $95 resistance levels. Litecoin price is recovering from the $88 zone against the US Dollar, similar to Bitcoin....
Read More »