This past week, we saw bearish moves in bitcoin below the USD 7,000 pivot level. BTC/USD even broke the USD 6,400 support before buyers appeared near USD 6,100. The price is attempting to recover, but the previous supports at USD 6,400 and USD 6,500 are acting as resistances. To recover this week, bitcoin buyers need […]
Source: Adobe/1STunningART Despite Uniswap climbing to become the largest decentralized finance (DeFi) protocol by total value locked (TVL), its newly issued UNI token crashed in the market today along with many other DeFi tokens. As of press time (12:02 UTC), UNI traded at USD 4.35, having gone down 23.35% over the past 24 hours. And […]
Source: iStock/enviromantic In the light of the recent report by research and advisory company Gartner, which claims it’ll take another five to ten years to see the transformational impact of blockchains, the company’s Senior Director Analyst, Fabio Chesini, said that the pattern we are now witnessing with blockchain is similar to that of the Internet’s […]
Source: Williams Martini Racing Williams Martini Racing is one of the world’s leading Formula One teams that relies heavily on new, improved technology to gain an edge over its competitors. Most recently, the team has announced its intent to implement blockchain technology for a competitive advantage. Since its founding by Frank Williams in 1977, the […]
The past few sessions were very positive since all major cryptocurrencies, including bitcoin, etherium, ripple, bitcoin cash and litecoin traded higher. There was a bullish price action formed and it seems like the market sentiment improved after a major bearish period. If the current trend remains intact, price may continue to grind higher. Bitcoin Bitcoin […]