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EURUSD Free market analysis for week 21 This week’s free market analysis for Forex is on EURUSD. Monthly Timeframe Trend: Bearish Key Resistance: 1.15403 Key Support: 1.10864 Overview:EUR/USD continues to maintain a long-term bearish trend that originated around July 2008. This downward movement has been defined by a consistent pattern of lower highs and lower…
Ripple has announced its plan to add smart contracts to the XRP Ledger (XRPL). This is an important update because, even though XRPL is one of the older blockchain networks, it does not currently have smart contract features. Adding smart contracts could help XRPL keep up with other networks like Stellar, which introduced them earlier this…
XRP is seeing its price bounce back after a recent court victory against the United States Securities and Exchange Commission (SEC). In the past week, Ripple has increased over 5%, with its price now around $0.60. This growth is also reflected in its market value, which has gone up by about $1 billion during this period….
Crypto traders continue to purchase more cryptocurrencies, despite the recent dip and this has been shown by the recent money inflows into cryptocurrency exchanges like Binance. Binance Sees Massive Inflows On August 8, Lookonchain reported that Binance, the largest crypto exchange, saw a net inflow of $2.4 billion since the market drop on August 5. Most…
The cryptocurrency market is currently dumping, with Bitcoin (BTC) leading the dump. Concerns about a possible recession in the United States have led many to pull out of crypto assets, causing a widespread sell-off. Bitcoin dumps 10% in just one day, raising questions about whether it might dip below the $50,000 mark. The Reason Bitcoin Dumps 10%…
The launch of U.S.-based spot Ether ETFs has led to mixed results for Ethereum’s price. BlackRock’s iShare Ethereum Trust (ETHA) attracted inflows of $91.4 million on August 1st, showing positive activity. Meanwhile, Grayscale’s Ethereum Trust (ETHE) continues to experience outflows, with the total amount exceeding $2 billion since it was converted to a spot product. See…
Tapswap just like the other telegram airdrops, now has some new features, yes you heard that right, there are new features on Tapswap atleast we get to catch more fun while we wait patiently for the airdrops. Not to worry Dipprofit would explain all you need to know about these new features on Tapswap, so just sit…
Solana (SOL) has recently gone ahead of Binance Coin (BNB) in market capitalization, taking the fourth spot in the crypto list. This happened when Solana’s price went over $190, giving it a market capitalization of more than $90 billion, compared to BNB’s $86 billion. The rise in Solana’s price caused over $4 million in losses…
The SEC has recently given the green light for various spot Ether ETFs (exchange-traded funds) to begin trading. Ether, which is the cryptocurrency associated with the Ethereum network, is the second-largest digital currency by market capitalization. See Also: The SEC Confirms Smooth Approval Process for Ethereum ETF List Of Approved Spot Ether ETFs As of Monday…
Katherine Dowling, the Chief Legal Officer at Bitwise, has recently expressed confidence that the spot Ethereum (ETH) Exchange-Traded Fund (ETF) could soon be approved in the United States. Why Bitwise Has Confidence in Ethereum ETFs Her optimism is based on the advanced stages of the approval process with the Securities and Exchange Commission (SEC), which…
Yes just like you, I woke up to meet the red candlesticks. Just as I was about to scream, I got a notification from my coingecko, all thanks to Mt. Gox exchange and Germany Friday is red, I whispered. See Also: Breaking : Mt Gox Nears $9B Bitcoin Payout What Did Mt. Gox and Germany Do The…
In Today’s article, we’ll talk about some good examples of non KYC crypto exchanges you can use to trade. Firstly what is KYC? KYC simply stands for the term “KNOW YOUR CUSTOMER”. So what are KYC crypto exchanges? KYC crypto exchanges are trading platforms that require users to verify their identities before they can fully access the…
A smart contract development company specializes in creating, deploying, and auditing self-executing contracts on blockchain platforms. These companies use blockchain technology to automate and secure transactions, offering services that include designing smart contracts, ensuring their security, and integrating them into various industries such as finance, supply chain, and insurance. But what exactly is smart contract?…
Recent technical analysis has identified a cup and handle pattern indicating significant bullish signs. In an analysis shared on TradingView on June 21, crypto trading experts highlighted a giant cup and handle pattern on Bitcoin’s one-week time frame chart. This pattern, which started forming at the peak of the previous bull cycle, is a bullish…
