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AUD/USD Rises Above SMA Amid a Fall in Oil Prices
17.2.2022
A report highlighting three different points has to come to light. It deals with Australia adding more jobs and experiencing a rise in the participation rate as well. Another point that has been highlighted is that AUD/USD has moved above the 50-Day Simple Moving Average. The trend may, however...
NFT Sales Nosedive This Week as Volume Drops Close to 30%
16.2.2022
According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...
PowerTrade Management Team Explains the Benefits of Automated Market Makers
16.2.2022
PowerTrade is an easy-to-use crypto options trading platform, enabling traders to maximize ROI through an intuitive interface that provides better prices and lower margin requirements. At PowerTrade, it’s easy for anyone to get started trading with as little as $1 USD and continue trading...
Bitcoin, Ethereum Technical Analysis: ETH Remains Above $3,000 as Markets Consolidate
16.2.2022
Following yesterday’s rally in crypto, prices consolidated on Wednesday, as markets were once again fearful of escalating tensions between Russia and Ukraine. The uncertainty came as NATO reported that Russia was increasing troops on the border, as opposed to sending some home. Bitcoin...
Bitcoin Prices Rise as Russian Troops Retreat
16.2.2022
Russia never made its intentions clear about invading Ukraine. The West, however, predicted that it could happen any time in the middle of February 2022. Geopolitical tensions have always had an adverse effect on markets across the globe.. The tensions have affected the price of Cryptocurrency...
NFT Market Cools Down Once Again as Crypto Prices Heat Up
15.2.2022
The market for non-fungible tokens (NFTs) showed signs of a cooldown last week, even as the prices of many cryptoassets have been on the rise.
According to a new report from crypto research firm Delphi Digital, activity in the NFT market has slowed down over the past week, with the volume...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Volatile Following Super Bowl
14.2.2022
Cryptocurrencies were initially in the red to start the week, despite several crypto firms securing lucrative Super Bowl ad slots. Over 100 million viewers watched the “crypto bowl” advertisements, however bitcoin prices started lower on Monday. Bitcoin BTC/USD is lower for a fifth...
LBank Exchange Integrates Chainlink Price Feeds for Secure Perpetual Futures Prices
14.2.2022
PRESS RELEASE. Lbank excited to announce that LBank Exchange—the world-class digital asset trading platform—has integrated Chainlink Price Feeds. By integrating the industry-leading decentralized oracle network, LBank Exchange will have access to high-quality, tamper-proof price feeds...
Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum
13.2.2022
The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound Finance...
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,000 to Start the Weekend
12.2.2022
Ethereum dropped below $3,000 to start the weekend, as cryptocurrency prices fell for a second consecutive day. Bitcoin was also lower, giving up some of this week’s gains in the process. Bitcoin Following a surge to a high above $45,000 to start the week, bitcoin prices fell for a third...
Fintech Specialists Predict Ethereum Price Hitting $6,500 This Year Before Rising to $26,338 by 2030
11.2.2022
A panel of fintech specialists has predicted that the price of ethereum will reach $6,500 by year-end. It will then rise to $10,810 by 2025 before more than doubling to $26,338 by 2030. Fintech Specialists Share Ether Forecasts Price comparison portal Finder updated its price predictions for ether...
JPMorgan Predicts Long-Term Bitcoin Price of $150K — Outlines Challenges Ahead
11.2.2022
Global investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K while the fair value of the cryptocurrency sits at $38K. “The biggest challenge for bitcoin going forward is its volatility and the boom and bust cycles that hinder further institutional...
Technical Analysis: THETA Surges 20%, While LEO Falls Lower, Again
10.2.2022
LEO fell for a second consecutive session, as crypto markets traded with higher levels of volatility on Thursday. THETA ignored this uncertainty and climbed by close to 20% today. Biggest gainers Following turbulence during today’s trading session, the global cryptocurrency market...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Volatile as US Inflation Hits 40-Year High
10.2.2022
Prices of ethereum and bitcoin were volatile on Thursday, as markets reacted to U.S. inflation data. Bitcoin briefly recaptured the $45,000 level, but sold off after the data was released. Bitcoin Bitcoin started the day in the green, hitting the $45,000 mark in the process, however as the U.S....
Nifty News: Land grab in the Shiberse, floor prices fall, NFT house sale and more…
10.2.2022
Skyweaver has been in the making for four years, and finally launched its open beta this week, while the BAYC floor price is dropping fast
Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March
10.2.2022
A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly predicted. Former Central Bank Director Warns Crypto Market Will Soon Crash Former Bank...
Switzerland’s Largest Bank UBS Suggests Alternative Ways of Investing in Cryptocurrency
10.2.2022
Switzerland’s largest bank, UBS, has suggested some investment strategies for investors seeking to gain exposure to crypto assets with less risk than investing directly in bitcoin, ether, or other cryptocurrencies. “There are several main ways investors can access this potential while...
NFT prices misfire as OpenSea daily active user volume drops 30% in a week
10.2.2022
OpenSea closed out over $1.3 billion in sales in the last seven days, yet the number of daily active users on the platform dropped by more than 30%
Global Crypto and Blockchain Investments Soared in 2021, Rising 5.5X to $30 Billion
10.2.2022
A new report by one of the Big Four accounting firms, KPMG, reveals that investment in the crypto and blockchain space grew 5.5 times the previous year to more than a record $30 billion in 2021. KPMG called 2021 a “Blockbuster year for crypto and blockchain.” ‘Blockbuster Year...
NFT Prices ‘Relatively Independent’ of Broader Crypto Market
9.2.2022
The market for non-fungible tokens (NFTs) – although still in its infancy – appears to be “a relatively independent market” that does not necessarily move with the broader crypto market, according to crypto analysis firm Coin Metrics.
In their latest report, Coin Metrics noted that it is often...