Monthly Archives: May 2021

Tom Tugendhat, a member of Parliament of the United Kingdom, urged the nation towards implementing more innovations in its financial sphere. Interestingly, he also outlined the growth of the cryptocurrency sector and hinted he was more bullish on ether rather than bitcoin. UK Member of Parliament Bullish on ETH Tugendhat is a British Conservative Party…

[PRESS RELEASE – SAN FRANCISCO, CA, 21st May 2021] Poloniex LaunchBase, the exclusive token launch platform of Poloniex which helps transformative blockchain startups raise funding to develop their products and drive user adoption, has announced the relaunch of their platform. $NFT, the native token of the innovative new project APENFT, has been selected to be…

Although bitcoin’s price may have tumbled by 40% since its peak, the asset’s popularity and engagements are actually booming. According to recent on-chain data, the number of tweets involving the primary cryptocurrency has spiked to a new all-time high amid and following the latest market crash. Bitcoin Twitter Engagements Through the Roof Jack Dorsey’s social…

[PRESS RELEASE – Road Town, BYI, 21st May 2021] OpenOcean, the world’s first DeFi & CeFi full aggregator, is expanding its coverage of global markets by providing support for some of the largest languages by the number of speakers and crypto users. OpenOcean users speaking Chinese, Japanese, Spanish, and Russian will be able to enjoy…

The past seven days were particularly volatile and, unfortunately for many, bears had the upper hand. Bitcoin dropped to a price not seen since January, while the rest of the market followed. Bitcoin Bitcoin is down another 18.5% this week as it trades near $40,900. The cryptocurrency is now down by a total of around…

Governments wanting or being able to stop cryptocurrencies is “unrealistic at this point,” noted the former Chairman of the Smithsonian Institution – David Rubenstein. Furthermore, he outlined digital assets’ significant role in the financial industry and predicted that they are not going away. Governments Can’t Stop Crypto With the spectacular growth of the crypto market…

ADA/USD – ADA Battling To Stay Above 20-day MA Key Support Levels: $1.66, $1.45, $1.40. Key Resistance Levels: $1.80, $2.00, $2.20. ADA set a new ATH price last weekend as it surged into resistance at $2.52 (1.414 Fib Extension). Unfortunately, it could not continue past this level and ended up rolling over at the start…

Prominent American economist Paul Krugman once again shared his negative stance towards cryptocurrencies. He compared a Ponzi scheme. Taking Aim at Crypto The most recent adverse price developments in the cryptocurrency market sparked many negative comments. Joining them was the Nobel Prize laureate – Paul Krugman. In an interview for the New York Times, he described…

Following the two-day wild-ride that saw massive five-digit price fluctuations, bitcoin has calmed quite a bit around the $40,000 line. Most alternative coins have also recovered the steepest losses, with ETH above $2,700 and BNB nearing $400. Bitcoin Calms Around $40K? The past several days were anything but boring for the primary cryptocurrency. After the…