Bitcoin’s strong move above the $12,200 resistance could boost sentiment and lead to a stronger rally in select altcoins. Investors usually buy large quantities of gold when they do not have faith in fiat currencies and want to protect their purchasing power against debasement. Berkshire Hathaway’s recent purchase of Canadian gold miner Barrick Gold suggests […]
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The idea is strong, but until decentralized exchanges become more user-friendly, centralized exchanges will still be popular. With Decentralized Finance (DeFi) gaining steam, exchanges like Binance find ways to co-exist with innovations like DeFi. Binance Co-Founder and CEO Changpeng Zhao (CZ) said DeFi is an innovative space and investing decentralized exchanges will not be a […]
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Traders have turned bullish on Ethereum again and the strong break above $400 could pull Bitcoin and other altcoins higher. Data from Grayscale Investments shows that the firm’s assets under management soared from about $1.9 billion at the end of 2019 to over $3.5 billion by the end of June 30, 2020. The correction in […]
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Bitcoin price continues to decline at $12,000, but altcoins have taken advantage of the range bound action by rallying higher. Traders prefer to trade a trending market as it generally moves in one direction and the retracements offer low-risk entry opportunities. This is because a trade that follows the major trend carries a greater possibility […]
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Kava Labs partners with BNB48 Club to raise awareness of BNB DeFi opportunities. Kava Labs announced a new collaboration with the BNB investor club – BNB48. The popular platform added in a press release that under the agreement, BNB48 will act as a technical advisor for the Kava community and provide services such as professional […]
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Bitcoin and altcoins might consolidate or correct marginally for a few days before a possible breakout to the upside. The U.S. Federal Reserve has been contemplating a change in the way it responds to a possible increase in inflation. Previously, the Fed would kickstart tightening if its models forecast a 2% inflation increase. However, this […]
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Travala.com now offers a total of 3 million accommodation options users can book with cryptocurrency. Online travel booking platform Travala.com has added one million new homes across 195 countries to its site with the release of a designated home bookings section called ‘Homes’. Holiday homes and apartments can be booked with over 30 different cryptocurrencies […]
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If Bitcoin can reclaim the $12,200 level, several altcoins are likely to resume their uptrend. Square’s Cash App product has generated $875 million in revenue from Bitcoin (BTC) trading in the second quarter of this year. This is a 600% increase over the comparable quarter in the previous year. This shows increased trader interest, which […]
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Highly anticipated blockchain game The Sandbox has announced a token sale for its SAND utility tokens later this month through Binance’s Launchpad platform. Blockchain-powered gaming experience, The Sandbox, will hold a $3 million token sale for the ecosystem’s main utility token, SAND. The sale will be held through the Binance Launchpad platform. The initial exchange […]
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Highly anticipated blockchain game The Sandbox has announced a token sale for its SAND utility tokens later this month through Binance’s Launchpad platform. Blockchain-powered gaming experience, The Sandbox, will hold a $3 million token sale for the ecosystem’s main utility token, SAND. The sale will be held through the Binance Launchpad platform. The initial exchange […]
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