Price analysis 8/19: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
The S&P 500 Index is nearing its all-time high, but Bitcoin is struggling to rise above $60,000, pointing to further underperformance in the near term.
Related Posts
Band Protocol CEO says that a single Chainlink data request costs $450
Band Protocol is about to give Chainlink a run for its money on Ethereum. Band is one of Chianlink’s main competitors in the oracle space that is based on Cosmos technology. In a recent Cointelegraph interview, Soravis Srinawakoon, the CEO of Band Protocol, said:“If you look at Chainlink, one data request right now can take…
Pinterest for Web3: Project launches curation ecosystem on Avalanche
CurateDAO launched an Avalanche-based “curate-to-earn” platform where participants can earn by contributing to databases. 201 Total views 4 Total shares With play-to-earn (P2E) gaming rising in 2021 through Axie Infinity (AXS) and an offshoot called move-to-earn (M2E) gaining fame through STEPN (GMT), another variation of the “to earn” model launches in an attempt to bring…
Bitmart pledges to reimburse hack victims as crypto community voices support
As regulatory uncertainty continues to plague the global digital asset ecosystem, there are many anti-crypto proponents who continue to harp on the fact that the industry as a whole has a long way to go when it comes to securing itself in a manner that is anywhere comparable to the traditional finance system. Now, with…
Bitcoin fractal that predicted 2020 rally flashes again as BTC price reclaims $40K
A crossover between two Bitcoin (BTC) moving averages that appeared before the 2020 price boom is hinting at making a return in 2021, just as the flagship cryptocurrency eyes a bullish breakout from its current $30,000–$40,000 trading range.The indicators in focus are the MACD Line and Signal Line. MACD is an acronym for Moving Average…
Rapper T.I.’s associates to cough up $100K in FLiK token case with SEC
The settlement with the SEC came after the three were charged in September for their participation in “unregistered and fraudulent” ICOs. 1438 Total views 15 Total shares Three associates of Clifford Joseph Harris Jr., a rapper also known as T.I. who was responsible for helping launch the FLiK token, have agreed to pay more than…
Crypto fintech Moonpay reportedly aims for $3.4B valuation in first VC funding
Co-led by Tiger Global Management and Coatue Management, the VC funding will inject funds worth $400 million into the bootstrapped company. 331 Total views 23 Total shares Moonpay, a fintech startup dedicated to building crypto payments infrastructure, is reportedly expected to reach a valuation of $3.4 billion after conducting its first round of venture capital…
SUSHI price surges 73% in four days: Why investors say it’s still undervalued
The price of SUSHI, the governance token of SushiSwap, has increased by 73% in the last four days, as fundamentals strengthen. 99 Total views 1 Total shares SUSHI, the native token of SushiSwap, rallied by 73% in the past four days. However, some investors believe the DeFi token may still have a lot more room…
Blockchain for sustainable development: The case of Ghana
In modern times of rapid globalization and digitization, technological developments have now reached such proportions that the usage of cryptocurrencies is no new phenomenon. The technology behind blockchain opens the internet for financial services by replacing trust, a fundamental component of the financial system for centuries, with transparency integrated into a decentralized network. Thereby, blockchain…