The CEO of Binance, Changpeng Zhao, recently tweeted the accomplishments of Binance in the last 4 days. He said that on May 5, 2022, Binance got its registration in France, and also on May 5th, 2022, Binance became a co-investor in Twitter with Elon Musk. Then, on May 8th, 2022, Binance became the official global sponsor of Argentina’s national football …
Continue Reading
Bitcoin extended losses and even spiked below $30,000 against the US Dollar. BTC is now consolidating and might correct higher towards the $32,000 resistance. Bitcoin started a strong decline below the $33,500 and $32,000 levels. The price is now trading below $32,000 and the 100 hourly simple moving average. There are two important bearish trend lines forming with resistance near …
Continue Reading
A seemingly bear market has brought a slower news week in sports and crypto crossover, but there is still activity to cover each and every weekend – and this weekend is certainly no exception. The host of activity came by way of this past week’s Formula 1 Grand Prix Miami, and as interest in crypto grows each year, the same …
Continue Reading
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Ming Duan, the co-founder and chief operating officer of Umee, a cross-chain DeFi hub that allows decentralized interactions between different blockchains. Ming Duan’s knowledge of the …
Continue Reading
Ethereum started a major decline from the $2,970 zone against the US Dollar. ETH dived below $2,800 and might accelerate lower below the $2,700 support. Ethereum started a major decline after it failed to surpass $2,970. The price is now trading below $2,800 and the 100 hourly simple moving average. There was a break below a key bullish trend line …
Continue Reading
Bitcoin gained pace above the $39,000 resistance against the US Dollar. BTC even tested $40,000 and might continue to rise in the near term. Bitcoin started a decent increase above the $38,800 and $39,000 resistance levels. The price is now trading above $39,000 and the 100 hourly simple moving average. There was a break above a major bearish trend line …
Continue Reading
Ethereum broke the $2,820 support to enter a bearish zone against the US Dollar. ETH remains at a risk of more downsides below the $2,740 level. Ethereum started a fresh decline after it failed to clear the $2,880 zone. The price is now trading below $2,820 and the 100 hourly simple moving average. There was a break below a key …
Continue Reading
Gaming is now one of the most profitable sectors of the entertainment industry, with consumer spending in the United States growing 8% in 2021 to top $60.4 billion in revenue. Worldwide, the games market generated an estimated $180.3 billion in 2021, up 1.4%.Within that segment are the hugely popular play-to-earn blockchain-based games, which are growing at an even faster pace …
Continue Reading
January has been a tough month for Solana as the coin encountered a total of six outages. This time Solana again faced a downtime as there has been an increased number of transactions flooded by the Candy Machine NFT bots causing network congestion. Blockchains often have an issue with scaling as they are quite inept in terms of handling the …
Continue Reading
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Dawn Newton, co-founder and chief operating officer of Netki — a remote digital identity verification technology provider intended to facilitate compliance with KYC/AML regulations. Dawn Newton …
Continue Reading
