Ever get that feeling when you’ve been pushed into the deep end with no idea of what’s happening or what might happen next? Well, trading in the cryptocurrency market can often feel that way, especially to those who are new to the industry and its mechanics. What then? Well, as humans, we are programmed by...Read More
It seems that every week the Decentralized Finance (DeFi) sector is hit by news of a new rug pull. Tokens with anonymous teams behind them garner hundreds of thousands, even millions of dollars in market cap. Some buyers willingly ‘ape’ into a new project with the expectation of a manifold return on investment, even when...Read More
Users will be able to purchase cryptocurrencies on AAX as long as they have a bank account. They can also cash out their crypto to their bank account. To facilitate users’ access to cryptocurrencies, AAX will be supporting 11 different fiat currencies for direct deposit and withdrawal via bank transfer from December 2020. Supported currencies...Read More
Enterprise-geared, high performance decentralized blockchain platform aelf launched its highly-anticipated mainnet on December 10th! What you have to know about aelf mainnet launch Roadmap aelf team said they will push the mainnet work in stages according to the latest mainnet roadmap. Phase 1 is mainnet security monitoring. In this phase, the main-chain and side-chain of...Read More
Bitcoin visited $17,600 and rebounded to $18,300 at the time of writing. The altcoin market followed Bitcoin’s price movement over the past few hours. Tezos tested support at $2, and FTX Token saw a decline to $4.08 before bulls pushed the price upward to $4.27. Crypto.com Coin appeared to resume the previous bearish trend that...Read More
The bearish market sentiment was reflected by Litecoin and IOTA as they dropped strongly beneath support over the past 24 hours. Synthetix has not seen much buying volume over the past few weeks and could see a deeper correction. Litecoin [LTC] Source: LTC/USD on TradingView LTC saw the $80 support lose its footing decisively over...Read More
Bitcoin dominance rose marginally to 64%, meaning that the altcoin market was dropping in value slightly faster than Bitcoin over the past few hours. Polkadot and Steem showed strong bearish momentum as they lost important levels of support to the bears in the last few hours. Ethereum Classic reflected market sentiment and posted losses as...Read More
Trading in various financial products has taken a new turn over the last few years, with the financial landscape becoming increasingly available to retail investors. In order to cater to such needs, various platforms have taken the step forward, in order to provide the best services. In light of that development, ROinvesting is quickly becoming...Read More
One of the leading cryptocurrency exchanges of India, Giottus supports the Flare Network airdrop for XRP holders. The Flare Network airdrop snapshot will be taken on December 12, 2020, at 5:30 am (IST) and all users must transfer their XRP coins to Giottus or other supported exchanges. Giottus Official Announcement While there are few other...Read More
After a week of choppiness around $19,000, Bitcoin dropped beneath $18,600 and was trading at $18,135 at press time. Binance Coin looked set to drop to support at $26.7. Monero, one of the strong performers over the past couple of volatile weeks, would seek to halt losses at $127. Dogecoin saw a breakout to the...Read More
Yearnify Finance is considered one of the most innovative sources of passive income by most of the investors. It has drawn attention due to its potential high returns and extreme security majors What is Yearnify Finance? Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), and improve upon...Read More
New York, December 09, 2020,/AMBCrypto/ – DeFiChain, a blockchain specifically dedicated to decentralized financial applications, has today announced the official launch of liquidity mining (known also as yield farming) on their decentralized exchange – DeFiChain DEX. As a promotion to introduce the yield farming launch, DeFiChain has also launched the DEXember campaign – providing a full...Read More
Bitcoin dropped from $19,156 to $18,248 at press time, marking close to 5% loss over 24 hours. The altcoin market reacted by posting losses as well. Chainlink could see a bounce off the $11.9 level of support before another move downward, while Bitcoin SV appeared to lose the $172 level to bears. EOS was unable...Read More
Bitcoin shed nearly 3% in a matter of hours following a move down from $19,298 to a low of $18,700. This affected the rest of the market as well. Binance Coin dropped beneath a level of support at $29 and could be set to retrace all the gains of the past couple of weeks to...Read More
Bitcoin has posted excellent gains on its way to ATH but the momentum stalled over the past week. At press time BTC was trading at $18,803 with a market cap of $349 billion. Source: CoinStats This sideways movement of both Bitcoin and Ethereum prompted the altcoin market to shed value. Polkadot was likely to begin...Read More
Ethereum has been dormant in the short-term, and Bitcoin Dominance has also been relatively flat over the past few days. The altcoin market was waiting for a breakout or breakdown. Bitcoin SV faced strong resistance from $180, while EOS tried weakly to get past the $3 level of resistance, a move that would signal a...Read More
Exchase (Exchase OÜ) announced that it plans to build an all-in-one fintech solution that will bring the most popular fintech services and technologies under one umbrella. The Estonian based fintech company has been operating a cryptocurrency exchange, but now seeks to bring on board margin trading, token listing, crypto games, money transfer, binary options, social...Read More
Ethereum has been trading just beneath the $600 mark over the past few days. This sideways movement was reflected in the altcoin markets as well. Bitcoin Cash and Tron traded with very little vertical momentum on the charts in the past week. Zcash did not see good buying volume even as it defended a level...Read More
Ethereum registered its highest weekly close in the past 120 weeks with a price level of $601.95. While the short-term outlook and momentum remained neutral over the past few days, ETH bulls might be able to bounce off the $580-support and attempt to go past $620. NEM and FTX Token were also on a strong...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Cardano’s valuation was continuing to hold its position above its immediate support level at $0.138, at press time. It must be noted, however, that over the past 2 weeks, it has declined gradually from...Read More
Bitcoin’s dominance was as high as 63.6% at press time after registering a hike that saw it climb from 61.6% last week. A sustained rise in this metric could spell trouble for the market’s many altcoins. Bitcoin SV‘s bulls attempted to defend the $183-level after breaching it a few hours before press time. Further down...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin, the world’s largest cryptocurrency, briefly tested the $18,500-mark again on 5 December as the king coin continued to consolidate higher up the charts. While the recent collapse down to $16,200 on 26 November...Read More
Digital assets are protected by powerful cryptographic algorithms, but they still get stolen in various cyber-attacks. To solve this problem, Bitcoin Vault (BTCV) has introduced an innovative opportunity to fight back. As cryptocurrency adoption grows worldwide, security becomes a bigger threat, with many users left looking for a solution. And the bigger the funds, the...Read More
Stellar Lumens was in a phase of consolidation before a breakout from the $0.172-level on the charts. Further down the crypto-ladder, while Polkadot had bearish momentum and could lose the $5-support level to the bears in the coming days, Status formed a descending triangle and expected a breakout over the next few days. Stellar Lumens...Read More
Crypto.com is proud to announce that it has secured an Australian Financial Service License (AFSL). The AFSL was secured via the acquisition of The Card Group Pty Ltd., which was approved by Australia’s Foreign Investment Review Board. Terms of the acquisition have not been disclosed. Securing an AFSL is yet another milestone in Crypto.com’s longstanding...Read More
The Crypto Fear and Greed Index stood at 95 for the day as Bitcoin traded at $19,041, at press time. Tezos formed a bullish reversal pattern that was yet to be confirmed, while Neo was likely to head back lower to a level of support. Finally, Aave was trading within an ascending channel and a...Read More
Binance Coin could be set to lose the level of support at $29 to the market’s bears over the next few days after noting a lack of buying volume over the past two weeks. The bullish momentum behind the recent gains for both Synthetix and Nano appeared to have evaporated, and both cryptos could witness...Read More
Bitcoin Cash exhibited some volatility over the past two weeks, with the market appearing to be indecisive at press time, although a downside seemed like a safer bet. Bitcoin will have a huge influence on BCH going forward while IOTA was trading within a rectangle and awaited a breakout backed by strong volume. Enjin formed...Read More
Many large-cap altcoins followed Bitcoin’s lead in the market to a certain extent. However, EOS and DigiByte dropped under a level of support and the subsequent pullback saw the same level retested as resistance. In fact, their indicators pointed towards the likelihood of a downside on the charts. Finally, Ontology formed a triangle pattern that...Read More
The altcoin market saw some coins record gains over the past 24 hours, but there was also some volatility arising due to Bitcoin‘s recent price movements. In fact, while Monero saw a dip to $124 swiftly pushed back up to $132, Basic Attention Token was on a downtrend, but formed a bullish reversal pattern. Finally,...Read More
