Yesterday, we saw a strong bearish reaction in bitcoin near the USD 10,500 resistance level. As a result, BTC/USD started a fresh decline below the USD 10,400 and USD 10,320 levels. The price is now trading near USD 10,200 and it seems like the bears are eyeing more downsides in the coming sessions. Similarly, there […]
Source: Adobe/kues1 After seeing a near-meteoric price rise this summer, the tokens of many well-known DeFi protocols were hit by a wave of selling pressure today, causing most tokens in the space to drop between 5% and 20% over the past 24 hours. However, the total value locked in DeFi jumped sharply today. As of […]
Source: Adobe/Rochu_2008 How might governments try to drag their economies out of the mire when the coronavirus pandemic finally subsides? Many of those interested in peering into the future are looking to South Korea, where the powers-that-be are already outlining their post-pandemic economic recovery strategies – plans that appear to include industry 4.0 innovations like […]
Source: a screenshot of the Quidd.co website. Mobile gaming platform Animoca Brands has struck a deal that will see it take over digital collectibles marketplace Quidd. The Hong Kong-based gaming company said it would be acquiring 100% of Quidd’s shares, paying an initial USD 5 million upfront to Quidd shareholders, in addition to performance-related add-ons […]
After a decent recovery, bitcoin price declined below USD 3,450. BTC/USD tested the USD 3,400 support and it is currently (UTC 10:20 AM) consolidating losses. The current price action is slightly bearish, but if buyers succeed in pushing the price above USD 3,500, there could be decent gains in the coming sessions. Similarly, ethereum needs […]