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Cryptocurrencies

BNBUSD Consolidates after a Bullish Breakout

03 Nov 2022 @ 17:59
BNBUSD has been on a downward trend since a significant high was formed at $689.0 in November. The market descended steadily below the moving averages (periods eighty-nine and two hundred). The market dipped as low as $186.9 this year. The ascent from the $186.0 demand level marked a breakout from the bearish channel in July. […]
 

Factors Behind the Better Performance of Ethereum Than Bitcoin

02 Nov 2022 @ 22:16
The Cryptocurrency market has recovered more than 9% over the past weeks. This has raised the overall Capitalization to beyond $1 trillion once more. Meanwhile, some crypto has been doing well than others and Ethereum has been performing better than Bitcoin during the past week. Ethereum has moved up by 17% to its present price […]
 

Binance Establishes its 7th Branch in Ireland

02 Nov 2022 @ 06:15
Binance is the largest cryptocurrency exchange platform in the world and it is expanding its domains in Europe. On Monday, they set up another branch in Ireland. This will make the 7th firm that Binance has in Ireland. Initially, Binance targeted Ireland as the place to set up its headquarters for the whole of Europe, […]
 

Reason behind Binance Investing $500 Million into Elon Musk’s Twitter Deal

02 Nov 2022 @ 03:21
The biggest crypto exchange Binance was one of those giving financial aid to Elon Musk’s acquisition of Twitter. As a result, this has seen Binance investing $500 million into this deal. The CEO of Binance opines that this media platform will get rid of numerous issues, which includes spam remarks and fraud account. Twitter Ought […]
 

Vitalik Buterin Excited About the Delay of Numerous ETFs

02 Nov 2022 @ 03:17
The Joint Founder of Ethereum very recently considered cryptocurrency regulation, pointing out that he is kind of excited that regulators keep declining cryptocurrency exchange-traded funds proposals. In a more expanded controversial Twitter thread on October 30th, Vitalik reiterated that the cryptocurrency sector is still in its infancy of drawing institutional acceptance because it calls for...
 

How Does Blockchain Work?

01 Nov 2022 @ 08:17
The blockchain is made up of a network of computers, these computers are also known as nodes. Blockchain technology is a decentralized computer network used for financial transactions and this makes cheating and fraud impossible because every node on the blockchain network has an exact copy of the same ledger that contains financial deals between […]
 

Ethereum Struggles above $1,300 Support as It Risks a Decline

24 Oct 2022 @ 03:50
Key Highlights ETH/USD resumes consolidation Ether holds above $1,300 support Ethereum (ETH) Current Statistics The current price: $1,312.89 Market Capitalization: $160,742,647,053 Trading Volume: $6,943,790,222 Key Resistance Zones: $2,500, $3,300, $4,000 Key Support Zones: $2,000, $1,500, $1,000 Ethereum (ETH) Price Analysis October 22, 2021 Ethereum (ETH) is in a sideways trend as the...
 

Bitcoin Trades in a Range as It Challenges the Resistance at $19,278

23 Oct 2022 @ 15:39
Key Highlights BTC price is confined between $18,800 and $19,900 price levels A price rebound or  breakdown is imminent Bitcoin (BTC) Current Statistics The current price: $19,201.89 Market Capitalization: $403,328,050,500 Trading Volume: $15,724,931,862 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 Bitcoin (BTC) Price Analysis October 22, 2021 Bitcoin...
 

XRPUSD Retraces to the Demand Level to Gather Bullish Momentum

22 Oct 2022 @ 09:54
XRPUSD seems to be recovering from the bearish trend in the market. There was a long struggle between the bears and bulls between $0.450 and $0.030. The demand for XRP rose significantly at the $0.300 demand level, leading to a rally. The market has ascended past $0.450. The market has retraced back to the major […]
 

The Meaning of Margin Call

19 Oct 2022 @ 07:15
A margin account can be used for trading cryptocurrency, forex and stocks. This type of account affords investors the power to leverage a higher amount of money which they use to enter a much larger trade for purpose of getting higher profit. Trading on a margin account is like borrowing money from one’s broker to […]
 
 
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