Monthly Archives: May 2021

After comparing the most recent violent crash with the same developments in 2018, a senior strategist from JPMorgan Chase & Co concluded that the state of the market now is significantly more resilient and robust than three years ago. 2021 vs. 2018 Market Corrections What started by Elon Musk and Tesla a few weeks ago…

ETH/USD – Bulls Climb Back Above 50-day MA Key Support Levels: $2800, $2600, $2380. Key Resistance Levels: $3000, $3070, $3250. ETH is attempting a recovery from last week’s market capitulation with a 9.7% price hike today, allowing it to break above $2800 and climb beyond the 50-day MA again. The cryptocurrency fell beneath the 50-day…

[PRESS RELEASE – Tallinn, Estonia, 25th May 2021] dotmoovs, a recently-founded startup offering a crypto-enabled grassroots sports competition app, has received support from Luís Figo and Ricardo Quaresma, both renowned professional football players, as Brand Ambassadors. The two players will help the startup market its app among their loyal fan base, introducing sports enthusiasts to…

[PRESS RELEASE – Hong Kong, Hong Kong, 25th May 2021] Defi platform Formation Fi has joined forces with Polygon to develop a secret ‘dark pool’ automated market maker (AMM). The cross-chain liquidity partnership will run on Polygon’s layer 2 solution and support Formation Fi’s vision for chain-agonistic yield farming 2.0. By building on Polygon’s high-throughput platform,…

Bank of Indonesia joins the efforts of global central banks as it plans to launch a digital rupiah currency. Governor Perry Warjiyo confirmed the news and informed that the institution is yet to decide which platform to use. CBDC in Indonesia During the COVID-19 pandemic, the island nation of Indonesia saw a significant boom in…

Speaking to Morgan Creek Digital co-founder Anthony Pompliano, the Shark Tank star said that DeFi will play a key role in the future of crypto and that he is deeply interested in the space. The revelations were made in Pomp’s May 24 Bitcoin podcast and were picked up by mainstream media highlighting that another investment…