Monthly Archives: May 2021

[PRESS RELEASE – Please Read Disclaimer] Baldi Network, the world’s first decentralized synthetic asset issuance and transaction protocol on Huobi’s HECO chain, today has announced its release. Developed by the world’s leading blockchain developers, cryptographers, research scientists, and experts from finance backgrounds, Baldi enables the minting of synthetic assets that “mirror” the price behavior of…

Bitcoin is up by an impressive 18% since yesterday’s low at $31,100. It fell beneath the $36,750 (.786 Fib) support yesterday and ended up closing the candle at $34,760 (downside 1.414 Fib Extension) after dipping as low as $31,100 in the session. The session turned to be one of the worst days bitcoin had seen…

Cryptocurrencies and the hip hop industry continue to intertwine as famous rapper Meek Mill plans to expand his portfolio with Shiba Inu. This comes shortly after he purchased Bitcoin and Dogecoin. Meek Mill Plans to Buy Shiba Inu The skyrocketing popularity of meme coins, led by Dogecoin, caught the attention of multiple celebrities. The trend,…

XRP/USD – Bulls Bounce Back Above 2020 High Key Support Levels: $0.82, $0.75, $0.65 Key Resistance Levels: $0.89, $1.00, $1.05. Like most cryptocurrencies, XRP had a rough week in which it dropped by a steep 41%. It reached a low of $0.62 yesterday but managed to rebound to close the daily candle at around $0.79.…

The recent regulatory crackdowns from the world’s most populated nation have impacted not only crypto prices but businesses inside the industry as well. Huobi has temporarily suspended a portion of its services to new users in China and in other nations. CryptoPotato reported last week China’s latest endeavor against the cryptocurrency industry. In it, the…

[PRESS RELEASE – Please Read Disclaimer] The DeFi Industry is making huge waves. It is the heart of the cryptocurrency movements and modern financial system. One of the truly fascinating dimensions of decentralized finance is the advent of DEXes platforms that has garnered projects and users with financial freedom without the interference of any central…

After another trading day of pain for the bulls, bitcoin has bounced off and jumped over $36,000. Most alternative coins continue their suffering, which is evident by BTC’s market dominance. The metric is up by more than 5% in days and is above 45%. Bitcoin Jumps Above $36K The primary cryptocurrency has been on a…

Ripple’s CEO, Brad Garlinghouse, finds “beyond flattering” the accusations that the company he runs has influenced Telsa’s Elon Musk to highlight bitcoin’s energy consumption levels. Beyond Flattering: Garlinghouse One of the most discussed topics within and outside the cryptocurrency community in the past several weeks has been bitcoin’s energy consumption. On one side, environmentalists led…

Around $400 billion has exited the crypto asset space since Friday in what has been one of the largest mass selloffs of coins and tokens. Total market capitalization had fallen to a three-month low of $1.45 trillion during Monday morning’s Asian trading session. The massive correction has seen markets dump around 43% since their peak…

A bullish case isn’t on many people’s minds – but signs are cropping up that Bitcoin may indeed be headed for a trend reversal. Here are some signs explaining why BTC might be overdue for a renewed uptick. Bitcoin reached its all-time high of almost $65K on April 14, 2021, a little over a month…