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Price of Luxury Watches Falls as a Result of Depression in the Crypto Market

02 Aug 2022 @ 19:21
Luxury watchmakers are expressing concerns as they are seeing a fall in demand for their products. This, resultantly, has made the second-hand market for luxury watches see an impressive price boom as they experience an almost 50% surge in prices. Luxury watchmakers such as Patek Philipe, Rolex, and German-based Chrono-24 are forced to go by […]
 

Bitcoin on the Rise, but Held up at Around $24,000

01 Aug 2022 @ 20:46
After some times of struggling at around $20,000 (even falling slightly below it), BTCUSD has made some impressive upward movements. Bullish market activities have taken the price to around $24,000. On the 28th of July, Bitcoin closed with a price at $23,954. The two days that followed was an intense struggle between buyers and sellers, […]
 

The Bitcoin Discount Store

28 Jul 2022 @ 16:13
Recently I went shopping at a gas station where everything was 75% off. I’m not in the habit of shopping at gas stations, because I drive a Tesla (which, incidentally, I bought with bitcoin). One of the great things about owning an electric car is you no longer have to worry about gas prices. It’s enormously […]
 

Annual Forecast for Ethereum (2022)

26 Jul 2022 @ 22:16
Ethereum – ETH price (COIN:ETHUSD) is a huge bear market, which has started since 2021, and would continue till 2024. The best line of action to follow here is to sell and sell short. 4 EMAs are used for this analysis and they EMAs 10, 20, 50, and 200. The color that stands for each […]
 

Shiba Inu Overtakes Tron as the Development of Their ‘Shib, the Metaverse’ Approaches Advance Stage

26 Jul 2022 @ 19:34
An announcement was issued earlier in January about the launching of a new Shiba inu project known as ‘Shib: the metaverse’. The project is about the integration of all the Shiba tokens, the ecosystem and NFT lands in a metaverse environment. The NFT land sales is an offer to acquire virtual properties which have profiting […]
 

Solana Struggling to Gain Balance

25 Jul 2022 @ 08:21
Between June and July SOLUSD has had a series of short-term rises and falls. It had its highest value at $42.4850 on the 6th of June. Then it had a series of swings; dropping to the lowest point of $28.535 on the 13th of June. As of today, the price holds at $41.535. A bearish […]
 

Struggle Continues For XRPUSD

18 Jul 2022 @ 20:29
Since 15 July, we notice an impressive movement in the market, favouring the bulls, as price action performs above moving average curves. The 20-day moving average and the 9-day moving average are both below the activities of the price action. This indicates that the ripple is in an uptrend movement.   Support: $0.56793, $0.46731, $0.33491 Resistance: $0.33359, […]
 

A Top Crypto Mining firm is Forced to Sell 79% Of Its Bitcoin To Settle Debt

12 Jul 2022 @ 19:51
‘Core Scientific’, a large mining firm, is forced to sell out tokens which the firm mined in June. Core Scientific is one of the world’s leading mining firms with over 180,000 servers around the globe, which account for 10% of the world’s crypto mining computing power. It needed to settle some debt and purchase new […]
 

The Meaning and Importance of Tokenomics

11 Jul 2022 @ 08:11
As the name may imply, Tokenomics is a blend of token and economics. Tokenomics studies the economics of tokens. It is an all-inclusive and broad term used to cover all the factors that make cryptocurrency attractive to investors. It includes the supply and demand of the tokens, management, allocation, regulation, distribution, incentives, and many others. […]
 

Annual Forecast for Lloyds (2022)

10 Jul 2022 @ 17:48
Lloyds Banking Group Plc shares (LSE:LLOY) are weak, and the weakness has been going on for several months. From February 2022 until the present, any rallies in this market are simply opportunities to sell at higher prices. The ADX period 14 is above level 20, going towards level 30. This means the momentum in the […]
 
 
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