Learn How Trade Crypto
Warner Music is collaborating with Dapper Labs, the company behind CryptoKitties, to create a new blockchain called Flow. According to a story in Forbes Thursday, Dapper Labs has garnered $11 million in funding for the project, including investment from Warner. The round is led by Andreessen Horowitz, with other major venture firms like Union Square Ventures, […]
Yesterday’s crypto market carnage saw over $20 billion in USD value wiped out from the total crypto market capitalization. The dump affected nearly all crypto assets, including Ethereum, EOS, and Litecoin – even Bitcoin, which has maintained support despite altcoins collapsing around it. But new data shows that it may have been altcoins collapsing that dragged down Bitcoin. A side-by-side comparison […]
Ethereum (ETH) has just declined to a new low against Bitcoin (BTC). We have not seen it declined this low against Bitcoin (BTC) since the beginning of the bear market. It appears that ETH/BTC is now prepared to decline to the pre-bull run levels of 2017 effectively erasing most of its gains. Needless to say, things do not look […]
The year 2019 has been slow for most digital currencies. At the beginning of the year, Bitcoin, Ethereum, Litecoin and Ripple (XRP) maintained the same low price points as the end of the previous year. This was largely owing to a long-running market correction following the post-2017 crypto boom. However, things seemed to pick up in the past few […]
Ethereum Price Analysis Fundamentals Like all liquid assets, Ethereum (ETH) is nose diving. At the time of press, the second most valuable asset is down, falling 11.7 percent to $235. But, after days of impressive gains, surging 55 percent mid this week, a cool off was inevitable. There were hints from price action and today’s slide is […]
The price of litecoin (LTC) was quoted in three digits across cryptocurrency exchanges earlier today. The fifth largest cryptocurrency by market capitalization jumped to $107.71 at 02:00 UTC, the highest level since June 12, 2018, according to CoinDesk’s Litecoin Price Index. The bullish move has stalled in the last few hours, though, with the price currently […]
Ethereum (ETH) has made a surprising rally that has taken the community by surprise but it is unlikely that this rally will have the momentum to preserve its gains. RSI on the 4H time frame has now run into a trend line resistance and shows a bearish divergence. The price has also faced strong resistance at […]
There was certainly no shortage of crypto news to digest over the weekend. Amongst the notable development was Bitcoin wallet developer BlueWallet Services’ first-of-its-kind announcement that its wallet app had gained Apple Watch support. Additionally, the NYAG-iFinex legal tit-for-tat continued, with AG Letitia James on Friday opposing iFinex’s motion to vacate the highly publicized court […]
Belarus-based tokenized securities exchange Currency.com has announced it is launching to the public today after a spell in beta mode since January. The platform – which claims to be the world’s first such exchange – allows investors to directly trade and invest in tokenized financial instruments, with payment being made directly in bitcoin (BTC) or ethereum(ETH). Currency.com has also launched an […]
According to the company behind it, stablecoin USDT is not fully backed by fiat currency deposits. It was revealed today that the controversial crypto asset firm Tether only holds around 74 percent of the total value of USDT’s current circulating supply. Tether and the crypto exchange Bitfinex are currently defending allegations from the New York Attorney General’s office that […]