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Search Results for: RSI

London College Student Been Mugged off $98k Bitcoin (BTC)

A London college student gets robbed off $98K worth Bitcoin (BTC). A gang of eight gangsters robbed the student threatening him with knives. Despite such hideous crimes, the police failed to capture the thieves.  This piece of news is quite an interesting one, but not to offend anyone though. However,

September 27, 2021 3 mins read

Solana (SOL) Upswing Towards $200 Soon as Bulls Get Ready

The 14-day RSI rises over the midline, indicating further upward potential. The People’s Bank of China (PBOC) has banned all crypto transactions. Solana is a protocol for creating decentralized apps (Dapps). It attempts to enhance scalability by combining proof-of-history (PoH) with proof-of-stake (PoS) consensus. Unique Hybrid Consensus Approach Solana’s unique

September 26, 2021 2 mins read

Dapper Labs Raised Additional $250 Million Reaching $7.6B in Valuation

Coatue is the new investor. Each digital card is a token on a blockchain. Dapper Labs, the firm behind the famous NBA Top Shot NFT game, has raised an additional $250 million. Coatue is the new investor. Today’s financing round values the business at $7.6 billion, according to a corporate

September 24, 2021 2 mins read

Study Reveals Even By 2030, C02 Footprint From Bitcoin Mining Not a Concern

BTC Mining now consumes 101 TWh or 0.45% of world power.  Bitcoin mining, projected to need more energy over the next decade. The enormous energy required for crypto mining has made Bitcoin’s carbon impact a major industry concern. It takes sophisticated gear and a lot of energy to participate in

September 23, 2021 2 mins read

Turkey President Says ‘No’ to Crypto!

Turkey President Erdogan terms the nation is against cryptocurrency. Former Prime minister states crypto leads to grievances. Turkey plans to restrict crypto and initiate new regulations upon it. Turkey being a country full of promises, however is not so fair when it comes to its crypto industry. Besides being a

September 22, 2021 2 mins read

XRP Prices Heads Into a Down Trend, Users Decline 8.15% in 11 Days

The US indices had their worst day since October. The current RSI level is far from the oversold zone. The XRP price is falling along with the crypto market this morning as a global risk-off hits markets. Ripple (XRP) is down 12% in early Asian trade. For now, the 200-day

September 21, 2021 2 mins read

With Bitfinex Integration, Can the Bulls Drive the Price for Polygon (MATIC)?

Twitter’s Altcoin Sherpa endorsed MATIC. Polygon said MATIC token would soon be available on Bitfinex. Since the market sell-off on September 7, MATIC has been attempting to regain its initial bullish momentum. Although lower highs outlined its positive trend, traders were unable to maintain prices. Its recent rise from $1.20

September 21, 2021 2 mins read

SushiSwap Fails to Break Major Resistance Area, Can it Break-Through?

SUSHI has been holding well above a mid-term trend line. Price has bounced off this trend line five times. Sushi is a DeFi protocol that is totally driven by the community, presenting delectable interest for your held cryptocurrency resources.  Sushi has risen over 13 percent the last week. 400 MA

September 21, 2021 2 mins read

What is Solana? — Deep Dive in Solana Ecosystem

Over the years Solana (SOL) has been doing a great job in developing its ecosystem. Moreover, Solana offers a secure, fast, and censorship-resistant blockchain enhancing an open ecosystem needed for global adoption. For this reason, investors are curious to grab Solana tokens. In addition, Solana is one of the widely

September 20, 2021 25 mins read

Ray Dalio Says if Successful, Bitcoin Will Be Killed by Authorities

Dalio claims bitcoin lacks intrinsic value. He thinks authorities will eventually regulate bitcoin. Billionaire Ray Dalio, the founder of the world’s biggest hedge fund, Bridgewater Associates, warned Wednesday that as Bitcoin gains popularity, the US government will “kill it,” according to CNBC. Bitcoin’s value has tripled in a year, reaching

September 17, 2021 2 mins read