Key Takeaways Solana’s price action has generated more than $250 million in liquidations since the peak, with $27 million lost over the last 24 hours. Now, SOL is sitting above a crucial support level that will determine where it heads next. If buy orders pile up, it may retest previous […]
Samtrade FX, an online forex and CFDs broker, has expanded its brand presence in the sports arena with the latest sponsorship deal with Valencia Club de Futbol (Valencia FC), a popular Spanish football club. The press release shared with Finance Magnates detailed that the partnership deal between the two has […]
TIOMarkets UK Limited, the British subsidiary of the namesake broker group, published its annual financials for fiscal 2020, ending on December 31. It reported a more than 904 percent increase in revenue from the UK operations in just a year. In absolute terms, the revenue of the UK company came […]
Key Takeaways XRP’s price action seems to be contained within a tight range. A weekly close outside the $1.72 to $1.00 pocket will determine the direction of the trend. Renowned analyst Peter Brandt appears to be leaning bullish while on-chain activity explodes. XRP could resume its uptrend towards new all-time […]
Key Takeaways More than 3,200 long Bitcoin positions have been filled over the last week. Meanwhile, whales have added 60,000 Bitcoin to their holdings within the same period. A daily close above $49,650 could kick start the next leg up for the top crypto asset. Investors appear to be re-entering […]
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, expects a “trillion dollars” more to flow into bitcoin in the next couple of years. He also sees cryptocurrencies becoming an institutional asset class. “We don’t know when but it is definitely going to come. It’s not going away,” he said. Kevin […]
Key Takeaways Bitcoin and Ethereum are consolidating before their next significant price move. Clear support and resistance levels have been identified to anticipate a breakout. Due to the ambiguity in the market, patience is crucial for investors. The top two cryptocurrencies by market cap, Bitcoin and Ethereum, remain stagnant with […]
Key Takeaways Litecoin surged by more than 35% then crashed today after a fake Walmart partnership announcement surfaced online. The Litecoin Foundation and a spokesperson for the project have since debunked the news. On-chain data shows that LTC is stuck within stiff support and resistance. Market participants rushed to exchanges […]
Several Layer 1 tokens have seen significant losses today as Bitcoin retraces. Layer 1s Experience Pullback After a month of meteoric gains and new all-time highs, Layer 1 tokens appear to be correcting. Some of the biggest Layer 1 blockchains have plummeted over the past 24 hours as the wider […]
Stakeshop Pty Ltd is launching its AU$3 ($2) brokerage services in Australia by listing stocks listed on local exchanges, according to a Reuters report on Monday. The entry of the discounted broker might disrupt the existing brokerage market in the country. “I don’t think there’s been [a] material change in […]
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