Latest Market News
Binance Liquid Swap is a product that uses principles from the Automated Market Maker (AMM) model, which is very popular in the decentralized finance ecosystem. Providing liquidity on Binance Liquid Swap is one of the best ways to earn BNB on Binance.
The institutional adoption of Bitcoin and cryptocurrency regulations have played a big part in shaping the cryptocurrency landscape in 2020 and 2021.
The Covid pandemic has fueled the growth of e-gaming platforms, as most people found themselves at home during lockdown.
Citizens of El Salvador will be able to receive $30 worth of Bitcoin after the country adopts the world’s largest cryptocurrency as legal tender on September 7.
Earlier today, we covered three cryptocurrency projects that will be interesting to watch this week due to important developments such as software updates and product launches. These included Theta Token (THETA), Bridge Mutual (BMI), and Morpheus Labs (MITX). In this analysis, we will take a look at these 3 coins from a technical analysis perspective and see how they are positioned in the market.
As we move into the beginning of Q3, a number of projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
Bitcoin is up by 4.4% today as the cryptocurrency finds resistance at $35,000. The cryptocurrency had found 4HR support at $31,155 (.886 Fib Retracement) earlier in the week and has since started a short-term rebound toward $35K (bearish .5 Fib Retracement).
Major cryptocurrency exchange Binance is listing KLAY, the native token of the Klaytn blockchain platform. The token has also been added to Binance’s Launchpool program, allowing users to stake their tokens to earn KLAY.
TRON bounced by a strong 16% over the past 24 hours as it rebounds from support at $0.05 and heads toward $0.0648. The cryptocurrency dropped beneath support around $0.07 at the start of the week and plummeted to $0.05 on Tuesday. Luckily, the bulls defended the region and rebounded from there yesterday.
Bitcoin has been on a rollercoaster trading period this 24-hours after the cryptocurrency dropped by a steep 16% yesterday from a high of $33,350 to a low of $28,800. By the end of the day, the bulls had regrouped and pushed BTC back above $30,000 to close the daily candle above $31,000.