2021 - Page 26 of 92 -

Axie Infinity Trading at Extremely Overbought Conditions

Jul 25, 2021 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Axie Infinity’s AXS token has risen by more than 250% in the past five days. AXS seems to have entered overbought territory based on technical and on-chain metrics. A spike in selling pressure could see the token price drop to $28. Axie Infinity has been posting massive gains while most cryptocurrencies have been […]

Bitcoin Targets $46,000 After Breaking Crucial Resistance

Jul 25, 2021 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Bitcoin seems to have broken out of a descending triangle pattern on its daily chart. A spike in buying pressure could see prices rise by more than 40% towards $46,200. Bitcoin must hold above the $32,700 demand barrier for the bullish outlook to remain intact. Bitcoin has turned a crucial resistance level into […]

Amazon Hiring Blockchain and Digital Currency Leader

Jul 23, 2021 Jeremy Parkinson Cryptocurrency, No picture 0

This news was brought to you by Phemex, our preferred Derivatives Partner. E-commerce giant Amazon has published a job posting that aims to hire a digital currency and blockchain product lead. Hire Will Have Crypto Expertise The job posting notes that the hire will lead “Amazon’s Digital Currency and Blockchain strategy and product roadmap.” They […]

Cardano Prepares for 60% Price Move

Jul 23, 2021 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Cardano’s price action is contained within two critical price points that will determine where it moves next. On the upside, slicing through the $1.30 resistance level would be vital for ADA to rise to $2.00. If the $1.00 support fails to hold, investors may need to prepare for a 60% crash. Cardano remains […]

Karura Swap Launches First DEX in Polkadot Ecosystem

Jul 23, 2021 Jeremy Parkinson Cryptocurrency, No picture 0

This news was brought to you by ANKR, our preferred DeFi Partner. Karura has implemented the Polkadot ecosystem’s first decentralized exchange. Karura Swap Becomes First DEX on Kusama The Polkadot ecosystem has got its first decentralized exchange (DEX). Karura Swap, an automated market maker on Polkadot’s canary network Kusama, is now functional. The DEX was […]

Binance U.S. May Go Public, CEO Says

Jul 23, 2021 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Changpeng “CZ” Zhao has said Binance’s U.S.-based division is considering an IPO. The update from the exchange’s CEO comes amid a wave of regulatory warnings over the exchange’s practices. Zhao has said that the exchange will ensure it complies with regulators. Speaking at an online event Friday, Binance CEO Changpeng Zhao said Binance […]

What is Causing Axie Infinity’s Boom in Popularity?

Jul 23, 2021 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Over the last month, Axie Infinity has boomed in popularity. Factors such as the Ronin sidechain and the game’s play-to-earn model have attracted new players. Scholarship programs are also making the game more accessible. Axie Infinity has experienced a rapid rise in recent weeks, with the game’s native token AXS surging 469% this […]

Ethereum Community Backs Ethiopia Ahead of Olympics

Jul 23, 2021 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Ethereum fans are showing their support for Ethiopia after Twitter added the country’s flag to the “ETH” hashtag in celebration of the Olympics. A DAO called EthiopiaDAO has formed, while some community members have suggested sponsoring the country’s Olympic team. The Olympics thanked Twitter founder Jack Dorsey and the wider crypto community for […]

$8M Lost as THORChain Suffers Third Attack in a Month

Jul 23, 2021 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways THORChain has suffered an attack, leading to losses of around $8 million. An attacker tricked the Bifröst protocol into accepting a fake deposit, then received a refund for the assets even though it hadn’t deposited any to the protocol. It’s the third major incident to hit THORChain in a month. A Bifröst exploit […]

Dogecoin Could Reach 8,000 New Merchants Through Coinbase Commerce

Jul 22, 2021 Jeremy Parkinson Cryptocurrency, No picture 0

This news was brought to you by Phemex, our preferred Derivatives Partner. Cryptocurrency payment processor Coinbase Commerce has added Dogecoin (DOGE) to its list of supported altcoins. much payment. very commerce. 🐕 Just a quick blast to let you know we’re now accepting commerce payments in Dogecoin (DOGE)! — Coinbase Commerce (@CommerceCB) July 21, 2021 […]