Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice The crypto market has been noting gradual drops after a period of consolidation. This was particularly visible in the altcoin market and such was the case for Litecoin’s price action. The coin’s price hasContinue reading “Litecoin Price Analysis: 22 December”

Huobi Group has found its way back into the United States. The Hong-Kong-based company announced that it acquired a trust license from the Nevada Financial Institutions Division for its wholly-owned subsidiary Huobi Trust Company. As per the filing with the Hong Kong Stock Exchange by Huobi Technology Holding Limited: “The board (the “Board”) of directorsContinue reading “Huobi exchange acquires Nevada Trust License and returns to the US”

The market is hot with cryptos’ prices going through the roof, with hardly any altcoins having a very rough time in the market recently. Chainlink’s native token, LINK, has also boomed with growth, despite its inconsistencies. In fact, LINK was returning 667% to its investors year-to-date. Although the price of the digital asset seemed toContinue reading “How is the accumulation in Chainlink’s market holding up?”

With the world of decentralized finance [DeFi] becoming an important part of the crypto-ecosystem, many projects from the field are gaining a lot of attention lately. Chainlink’s decentralized oracle network has been one of the most popular projects in the world of DeFi. Adding to this popularity, Bounce Finance, a decentralized auction protocol, has justContinue reading “Bounce integrates Chainlink oracles to settle prediction markets”

The bulls are here and Bitcoin’s price is once again raging. The market’s top cryptocurrency successfully marked a new all-time high at $23,777 a few days ago. In fact, despite corrections, BTC’s value was continuing to hold above $22k with a press time price of $22,863 and a market cap of $425.68 billion. So, whatContinue reading “Ethereum’s evolving growth has the potential to ‘legitimize cryptocurrency’”

The cryptocurrency market seemed to rally alongside Bitcoin. However, once the cryptocurrency hit an ATH on the charts, it retraced, and so did the remaining altcoins in the market. Bitcoin’s latest price drop also pushed many into a consolidating zone and as the price moved sideways, the trend appeared to be changing on the charts.Continue reading “Tezos, Waves, Dogecoin Price Analysis: 19 December”

Bitcoin’s price has grown 228% year-to-date and has managed to register a new ATH at $23,777. The common thought behind this appreciation of BTC was the growth of institutional interest in the coin. This interest was reflected in the Chicago Mercantile Exchange [CME]. As the value of Bitcoin started to rise, the CME’s OI alsoContinue reading “CME Bitcoin Futures open interest hits ATH”

Binance has announced support for Binance Vietnamese Dong [BVND], a BEP2 stablecoin pegged to the Vietnamese Dong [VND]. BVND will be available for direct purchase and redemption at a 1BVND = 1 VND rate. The announcement added: “Binance will list Binance VND (BVND) and open trading for BUSD/BVND and USDT/BVND trading pairs at 2020/12/18 12:00Continue reading “Binance supports Vietnamese Dong backed stablecoin, BVND”

Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice The performance of Binance Coin has been impressive for its investors as it was returning around 97% year-to-date. Along with the value of Bitcoin reaching new highs, BNB has been witnessing a sharp riseContinue reading “Binance Coin Price Analysis: 18 December”

Ripple’s Chief Technology Officer [CTO], David Schwartz had announced an upgrade to the XRP Ledger [XRPL] back in November. Schwartz has now shared the first results of the major performance optimization of the ledger. Calling the results “incredibly encouraging” Ripple’s CTO spoke about combining different performance optimizations proposed by various software engineers. The CTO addedContinue reading “Ripple CTO shares ‘incredibly encouraging’ results for XRPL optimization”

SBI Digital, the digital asset management division of the SBI Group and Securitize Japan Co. announced a partnership to integrate Securitize’s digital securities issuance and management platform with SBI’s investor wallet and custody solution “sbiwallet”. This step was taken to provide a one-stop service for the Japanese market as stated in the official announcement. Securitize,Continue reading “SBI wallet integrates with Securitize platform”

Bitcoin’s price has broken past old barriers and registered a new all-time high on 17 December 2020 at $23,777. However, this peak was short-lived as the shorts began liquidating in the market. Within minutes, Bitcoin’s trading price fell to $22,674 and is trading around a similar price level at press time. The 5-minute BTC chartContinue reading “Bitcoin whales short the market, forces price down”