Coins

Chainlink, Ripple Price Analysis: July 6, 2021

July 6th, 2021

The cryptocurrency market shows massive bullish signals, raising the hope for a recovery in the near term. Binance Coin and Uniwap lead by formidable single-digit losses. However, crypto assets such as Chainlink and Ripple are likely to flip bullish in the coming sessions. Chainlink:- Chainlink, a decentralized live price feed oracle token, currently teeters at…

Binance’s Global Dominance Under Threat, Barclays Blocks Payments to Binance

July 6th, 2021

Binance, the world’s largest crypto exchange by trading volumes, is now at the risk of losing its global dominance. The recent regulatory crackdown from some of the top regulators worldwide is putting Binance in a bad light. Institutional-grade crypto market data provider Kaiko notes that the recent “onslaught” of regulatory action is putting pressure on…

Ethereum Breaks Past $2300 Resistance, Long-Term Outlook Bullish

July 5th, 2021

On Sunday, July 4, the world’s second-largest cryptocurrency Ethereum is showing strong momentum northwards. The Ethereum price has moved past its crucial resistance of $2300 for the first time in the last 16 days. With this, ETH’s weekly gains have moved to nearly 20% as the crypto struggled under $2000 for quite some while. However,…

EY Releases Nightfall 3 — Protocol Aims to Bolster Private and Affordable Ethereum Transfers

July 5th, 2021

EY, the multinational professional services network commonly known as Ernst & Young, has announced the company has contributed a set of tools for privately managing transactions on the Ethereum network. EY’s global media relations executive Joanna Hardy explained on Thursday how the company’s protocol helps Ethereum transaction fees become more affordable and enables the private…

Ethereum technical pattern’s correction emerges as $1,800 beckons

July 2nd, 2021

Ethereum price has corrected from the recent upswing to $2,300. The gains gain after the previous week’s dip to $1,700. Nonetheless, bulls lost steam leading to the ongoing retreat. At the time of writing, Ether teeters slightly above $2,000. Losing support at $2,100, highlighted by the 100 Simple Moving Average (SMA) on the four-hour chart,…

Coinbase to Launch Apple-Like Crypto App Store

June 30th, 2021

Cryptocurrency exchange Coinbase has unveiled its plan to build “the crypto app store,” inspired by how Apple Inc. built its app store. CEO Brian Armstrong said: “Apple didn’t attempt to build every app for the iPhone, it empowered developers and gave mobile users an easy way to access new innovative apps.” In a blog post…

Coinbase Launches High Yield USDC Accounts With 4 percent APY

June 30th, 2021

Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows customers to gain 4% APY interest on stablecoin accounts. Coinbase Reveals USDC Savings Program With Interest Rates Eight-Times Higher the national average The cryptocurrency exchange…

64 Cryptocurrency Firms Have Withdrawn Applications to Operate in UK, FCA Says

June 30th, 2021

A growing number of crypto firms in the U.K. are withdrawing their applications to register with the Financial Conduct Authority (FCA). Around 64 firms have already withdrawn their applications and will not be able to operate in the U.K. The list of cryptocurrency companies abandoning their attempts to register with the U.K.’s financial regulator is…

Ethereum, Polkadot Price Analysis

June 29th, 2021

The cryptocurrency market’s price action has been mundane in the last few days. Most of the recoveries witnessed last week stalled, leading to periods of consolidation. At the time of writing, most crypto assets are in the green. Note that Bitcoin has settled above $34,000 as bulls gaze toward $40,000. Ethereum:- Ethereum price lifted from…

Elon Musk Says ‘Important to Support’ Dogecoin Fee Change Proposal

June 29th, 2021

A fee change proposal for Dogecoin has been submitted and Tesla CEO Elon Musk says that it is “important to support” it. “This document proposes a new fee structure and policy for Dogecoin Core, to be gradually deployed to the network over multiple software releases,” said the Dogecoin developer who submitted the proposal. Elon Musk…