According to Bloqport’s latest data, bitcoin, which ended the month of March with an overall gain of 29%, has now been in the green for six consecutive months. The data also shows that the crypto asset’s value has nearly doubled from its December 2020 closing price of $29,383 to its […]
Key Takeaways Ethereum broke out of a month-long stagnation period. As buy orders pile up, ETH could resume its uptrend and advance to a new all-time high of $2,560. A renowned technical analyst suggests Ether may first retrace to a crucial support level before achieving its upside potential. Ethereum kicked […]
FXCM, an online forex trading and CFD broker, announced that the company has expanded its FX and CFD trading offering with the introduction of new social and copy trading services. According to the official press release, FXCM has partnered with ZuluTrade for the newly launched services. FXCM highlighted the growing […]
Key Takeaways Enjin launched a new NFT blockchain on top of the Polkadot protocol. Dubbed Efinity, it will provide a simple and accessible experience for anyone who wants to participate in the NFT ecosystem. Both ENJ and DOT continue consolidating without giving a clear path for where the prices are […]
Key Takeaways Bitcoin took a 5% nosedive within minutes to hit a low of $56,200. The downswing generated massive losses across the board. While some believe the move was part of a stop-loss hunt, technicals suggest a steeper decline. Volatility is rampant in the cryptocurrency market, wiping many overleveraged Bitcoin […]
Key Takeaways VeChain is down over 10% from its recent high of nearly $0.10. The price action seen since the beginning of the year suggests that VET is poised to retrace to $0.06 before it bounces back. A technical indicator further validates the pessimistic scenario. A crucial resistance level has […]
Roughly two and half years after the launch of the world’s first Bitcoin futures, CME Group is looking to bring another level of diversification to cryptocurrency traders with a micro Bitcoin futures contract. Closely tied to its older brother, the smaller-sized contract is based on the same underlying reference index, […]
Euronext-listed liquidity provider, Flow Traders today said its cryptocurrency outfit has been registered by De Nederlandsche Bank (DNB) as a provider of crypto services in the Netherlands. This enables Flow Traders to process crypto transactions, and offers liquidity to exchange cryptocurrencies for fiat currencies and vice versa. Looking Forward to […]
Soros Fund Management’s chief investment officer (CIO) says that central bank digital currencies are a potential threat to bitcoin and other cryptocurrencies but it will only be temporary. She also says that bitcoin is taking some of gold’s buyer base away. Crypto’s ‘Inflection Point’ Soros Fund Management Chief Investment Officer […]
Key Takeaways With Cosmos’ added interoperability, projects in the Cosmos Hub will be able to exchange data and tokens with each other. The announcement has generated attention because it will foster economic collaboration through the blockchain ecosystem. ATOM looks primed for a bullish breakout, as a particular technical indicator has […]
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