Visa forms strategic partnership with Crypto.com
TL;DR Breakdown Visa partners with Crypto.com to expand its services to new marketplaces. Crypto.com also unveiled a new lending product. This new service will give users access to fiat loans using their crypto assets as collateral. Visa Inc. partners with Crypto.com On Thursday, Visa Inc. revealed that it has partnered with the crypto platform, Crypto.com, […]
SEC wants to find out how important XRP is to Ripple
TL;DR Breakdown Ripple Co-founder, Christian Larsen, accused of moving XRP. The SEC reveals it has proof to support its claim. The regulator says it wants to know whether Ripple executives are making personal gains from XRP. SEC says it has evidence against Ripple executive In a seemingly escalating suit between the SEC and Ripple Lab […]
Bitcoin, Binance Coin, Hedera Hashgraph, and Filecoin Daily Price Analyses – 7 June Morning Price Prediction
The global crypto market has been going through a reversal as the losses for Bitcoin, and other coins in the market have speeded up. The changes in the market have been speedy, as a single day has cost the market more than it added over the past week. The market has continued to face difficult […]
Ethereum price analysis: ETH drops again, tests $1,750 support
Ethereum price analysis is bullish today as we expect the $1,750 support to hold and reverse the market later today. Therefore, ETH/USD will likely look to set another lower high over the middle of the week. The market has traded in the red over the last 24 hours. The leader, Bitcoin, lost 6.12 percent, while […]
How to earn $ERN from Ethernity’s Coinbase quiz
If you have been an active Coinbase user, then the new Ethernity Chain quiz on the exchange apps shouldn’t be all that surprising or strange. But for the non-users, Coinbase runs a cryptocurrency learn and earn service where users are encouraged to watch or study tutorials on cryptocurrency whilst earning. Thus, Ethernity’s Coinbase quiz is […]
Gemini slammed with lawsuit over platform breach
Gemini crypto exchange has been slammed with a lawsuit over the recent platform breach some months ago. According to several sources, the platform is being dragged to court by IRA Financial Trust. The plaintiff owns a platform where it manages funds in crypto on behalf of retired workers. According to the lawsuit filed, the asset […]
New York governor weighs whether to sign Bitcoin mining moratorium
Last week, New York Senates passed a bill proposing a two-year moratorium on crypto and Bitcoin mining activities based on carbon-energy sources. This particular bill already passed the State Assembly in April and now awaits a green light from the governor’s office to become effective. However, the state’s governor Kathy Hochul is still considering whether […]
Why did the crypto market crash on June 6?
Today, the worldwide crypto markets have fallen to a $1.22 trillion market cap. Cryptopolitan reports the values of several popular digital assets, including Bitcoin, Binance, Cardano, and XRP, have all dropped significantly in value. As Bitcoin (BTC) continues to fall, short-term and long-term factors are to blame. For example, the decline of key stablecoins and […]
New Japanese law will consider seizing illegal crypto
A new Japanese law that will ensure that illegal crypto holdings get confiscated is currently undergoing consideration in Japan. According to reports, the country’s justice department has floated a proposal that will ensure that the assets are seized in instances of investigations. Should the reports hold water, then authorities and regulators would be able to […]
Litecoin price analysis: LTC price plunges to $61.18 after a bearish streak
Litecoin price analysis for today indicated the market is in a bearish trend as the prices look to decline even further. The Litecoin market has been on a downward trend for the past few days as the prices have plunged to $61.18 after a bearish streak. The prices have sought support at $60, but the […]
Solana price analysis: SOL/USD pair set to break above $45 soon
Solana price analysis is bullish in the short-term and medium-term. Prices have seen firm support at the $38.44 level and have faced resistance at the $44.45 level. A break above this resistance level could see prices move towards the $50.00 level In the short-term, Solana prices are testing key resistance levels. SOL prices have seen […]
Bitcoin, Ethereum, Tezos, and ApeCoin Daily Price Analyses – 6 June Roundup
The performance of the global crypto market has continued to lower as the market changed its direction. The performance of Bitcoin changed as the market wasn’t able to continue bullish. The changes suggest that the market might go further into lows. The performance of other coins hasn’t been any better as the overall market suffers. […]
Cryptocurrency could revive Latin America
Cryptocurrency trends suggest that within 10-years Latin America’s economy could completely transform. Latin America’s crypto trading scene is booming with Brazil yards ahead of everyone else, followed by Venezuela, Argentina, Mexico and Colombia. Many Latin Americans depend on DAI and USDC stable coins to save and in Mexico, 5% of the U.S. remittances came from […]
Uniswap price analysis: UNI/USD bullish for the next 24 hours
Uniswap price analysis shows that the UNI/USD pair has been on a bullish trend for the past few hours. The prices have been rejected at the $5.95 resistance level twice and are currently trading near the support level of $5.31. If the prices break below this support, they may drop to $5.11. On the other […]
Bitcoin price analysis: BTC swiftly spikes to $31,750, reversal next?
Bitcoin price analysis is bearish today as we have seen a strong push higher lead to rejection for further upside at $31,750. Therefore, BTC/USD is ready to reverse and drop back below $31,000 later today. The market has traded in the green over the last 24 hours. The leader, Bitcoin, gained 4.92 percent, while Ethereum […]
Patrick Mahomes’ NFT artwork sold for $3.7 million
TL;DR Breakdown NFL star player, Patrick Mahomes becomes the second NFL player to plunge into the NFT world. Mahomes rakes in $3.7 million from his digital art sales. He promised to donate part of the profits realized from the sales. Mahomes’ NFT artwork hauls in $3.7 million It is no more news that NFTs are […]
Central Bank of Nigeria says Nigerians are free to trade in crypto
TL;DR Breakdown Adamu Lamtek, a senior CBN executive, says that the CBN did not ban crypto trading. Peer to peer trading is beyond the government’s reach, says Adedayo, MD at Jelurida Africa. The MD says the latest clarification could be “a way forward.” On the 5th of February, the Central Bank of Nigeria (CBN) announced […]
MG India launches MGverse, a virtual car-based universe
The company from South Asia, MG India, is again a trend after announcing the development of an auto-linked to the virtual universe, whose project is named MGverse. Previously the Indian company had launched an NFT collection tradable in its local currency; following this success, it decided to venture deeper into the industry. According to local […]
Filecoin price analysis: FIL/USD value depreciates to $ 7.65 after the bearish extension
Filecoin price analysis reveals that the FIL/USD is currently consolidating after a recent fall. The value depreciated to $7.65 today as the market witnessed a bearish extension. The FIL/USD pair fell today after yesterday’s minor price rebound. The market had been in a consolidation phase for the past few days but yesterday’s move up seems […]
Ethereum price analysis: ETH posts another upswing, resistance found at $1,900?
Ethereum price analysis is bearish today as we have seen a strong spike higher overnight and a reaction at the $1,900 major resistance. Therefore, ETH/USD will likely soon set another lower high and pivot lower from there. The market has traded in the green over the last 24 hours. The leader, Bitcoin, gained 5.66 percent, […]
Bitcoin, Binance Coin, Elrond, and EOS Daily Price Analyses – 6 June Morning Price Prediction
The performance of the global crypto market has shown positive signs as it has improved further. The increase in the value of Bitcoin and other coins suggests that investors are bullish on the market and pushing it forward. The changes have led to a significant increase in the value of the market. Although some coins […]
Avalanche Price Analysis: Bullish clouds gather as AVAX steps to the $26.96 mark
Avalanche price analysis is bullish today as the market gears up for a breakout from the descending triangle pattern. The AVAX/USD pair is currently trading at $26.96 and is facing resistance at $27.66. If the price breaks out of this resistance, it can rally to $28.00 in the next 24 hours. AVAX/USD found support at […]
Australian mayor recommends payments for taxes in Bitcoin
The mayor of Australia’s Gold Coast, Tom Tate, has suggested that city residents may be paying council rates or a local property tax in Bitcoin. Critics have flagged concerns that the price volatility of cryptocurrencies could lead to wild fluctuations in local council revenue. Gold coast to welcome Bitcoin tax payments Mayor Tom Tate has […]
Solana price analysis: SOL/USD gains bullish momentum at $44.25
Solana price analysis is bullish as firm support is seen at the $38.44 level and resistance is faced at the $44.45 level. Prices have breached above the descending triangle pattern and are currently retesting the breakout point. However, if prices can break above this level, they could test higher levels such as $50.00. The altcoin has […]
NFT: Teen sells artwork for $50 million
NFTs are still staking their claims as one of the most sought-after in the market. Despite the market-wide decline, traders in the sector are still purchasing artworks. In a recent update, a 19-year-old teen has sold his new artwork for $50 million. The teen in question, Victor Langlois, has been in the news before after […]
VeChain price analysis: Bulls recover $0.6600 level eye $0.07000 next
TL;DR Breakdown VeChain price analysis suggests sideways movement across the short term chart The closest support level lies at $0.06500 VET faces resistance at the $0.06850 mark The VeChain price analysis shows that the asset’s price action has finally found bullish support to stop the bearish breakdown at $0.06500. Regardless, the bearish pressure still weighs […]
OpenSea’s Ethereum volume plummets 25% as global NFT interest plunges
Data from Dune Analytics shows that OpenSea’s Ethereum volume in May turned out lower than the previous month, which somewhat suggests that Ethereum may be losing the steam on NFTs or a general downtrend in the market. OpenSea records 25% volume drop According to the data from Dune Analytics, the largest NFT marketplace recorded a […]
Axie Infinity Price Analysis: AXS peaks at $155, currently tests $120 previous high as support
TL;DR Breakdown Axie Infinity price analysis is bullish today. AXS/USD retraced to the previous high at $120. Buying pressure is likely to return later today. Axie Infinity price analysis is bullish today as a substantial retracement was seen over the last 24 hours from the $155 all-time high. Therefore, as long as the $120 support […]
Uniswap price analysis: UNI loses value at $6.51
Uniswap price analysis recently shows a continuing downtrend as prices decline below $6.51. This move comes after a brief period of consolidation that saw prices testing the $7.00 level. The recent decline has seen UNI prices find support at the $5.85 level as buyers step in to defend this key level. The overall market for […]
Aave price analysis: AAVE/USD illustrates further bearish dynamics at $104.83
Aave price analysis is bearish today as the market looks to retest support at $103.08. The market is currently facing resistance at $107.29, preventing it from breaking out to the upside. Aave has been in a downtrend since it peaked at $115 last week and has lost over 7% of its value since then. The […]
Chainlink price analysis: LINK recovers $7.50, eyes $8.00 resistance next
TL;DR Breakdown Chainlink price analysis suggests an upwards movement to $8.20 LINK faces resistance at the $7.96 mark The closest support level lies at $7.20 The ChainLink price analysis shows that LINK has initiated a swift recovery with the bulls climbing past the $7.750 mark and attempting to break past the $8.00 mark. The broader […]
Polkadot price analysis: Bullish trend to continue as prices step to the $9.71 mark
Polkadot price analysis shows a bullish trend after prices opened the daily trading session at $8.96 on June 6. Following a few hours of sideways trading, prices started to move higher and reached the $9.71 mark at the time of writing. The bulls are still holding the key support of $9.0 and a strong rejection […]
Bitcoin, Ethereum, NEM, and Arweave Daily Price Analyses – 5 June Roundup
The global crypto market has continued to grow in value as the gains have improved. The value of Bitcoin, which was fluctuating recently, has begun to stabilize. If we compare the gains for other coins, they have also begun to show a positive trend. The changes in the market suggest a continuing bullish trend. As […]
Avalanche price analysis: AVAX/USD pair set to break above $110
TL;DR Breakdown Avalanche price analysis is bullish. Resistance for AVAX is present at $103.2. Support for AVAX/USD is present at $95.4. The latest Avalanche price analysis indicates a bullish trend, with the price having risen significantly today. Yesterday, AVAX prices reached $92.7 as a limit, but today it surpassed the crucial resistance of $95.4 and […]
Tezos price analysis: XTZ/USD bearish as price slips to $1.90
Tezos price analysis shows a bearish trend for XTZ/USD as the cryptocurrency slips to $1.90. However, support is still present at $1.83 and if the price can rebound from here, we may see it head back towards $2.22.The bulls had attempted to push prices higher but failed as the market found support at $1.83. The […]
Quick guide on where to buy LUNA 2.0 crypto
About a month ago, Terra was rated among the top and fastest-growing blockchains in the cryptocurrency industry. However, the network suddenly became a shadow of itself, following the collapse of its algorithmic stablecoin TerraUSD (UST), and cryptocurrency LUNA. The value of both assets shrank by over 99%, leaving investors with a sour experience. After several […]
Bitcoin, Binance Coin, Holo, and Mina Daily Price Analyses – 5 June Morning Price Prediction
The global crypto market has shown a mixed response during the last 24 hours. Some coins, including Bitcoin, are bullish, while some, like Binance Coin, have shown a bearish tendency. The changes in the performance of various coins have resulted in the hampering of the market’s growth. The changes have lowered the growth, which would […]
Ethereum price analysis: ETH retests $1,800 as resistance, more downside incoming?
Ethereum price analysis is bearish today as we expect the current retest of $1,800 previous support as resistance to end with another lower local high set. From there, ETH/USD should head lower and target the $1,700 major support next. The market has traded in the green over the last 24 hours as Bitcoin gained 0.16 […]
Localbitcoins user docked over illegal activities
A Localbitcoins user has been arrested by authorities in the United States after he was caught running an unlicensed crypto service. According to the report, the criminal used Localbitcoins and another exchange, Paxful to facilitate his illegal entity. This latest update is in line with the resolve by the United States DOJ to rid the […]
Do Kwon will likely evade US sanctions
Do Kwon, the CEO of Terraform Labs has been the center of attention in the crypto market over the last few weeks. This is due to the mishap that occurred involving the native token of the platform, LUNA, and stablecoin, UST. In a new update, legal experts in the United States have said that the […]
