Latest Market News
Popular cryptocurrency exchange Kraken could go public in 2022, according to a recent report. A spokesperson for the exchange said that the exchange would most likely opt for a direct listing, instead of going with the more popular IPO route.
Cryptocurrency firm Crypto.com has entered a partnership with payments giant Visa. In addition, the company also became a principal member of the Visa network in Australia.
As TRON gets ready to kickstart its own NFT ecosystem, American actress Lindsay Lohan has announced that she will be launching an exclusive NFT on TRON.
Bitcoin saw a healthy 5% price hike today as the cryptocurrency finally managed to break back above the $58,000 level. Bitcoin has been trading inside another ascending price channel during March 2021. The coin had surged higher in the last week to set a new ATH price over the weekend as it hit the resistance at $61,192, provided by a 1.618 Fibonacci Extension level.
The price of Filecoin has exploded by a total of 100% over the last week of trading as it surges into the $84 level. The coin had started the week at around $40 as it started to push higher again. It was the announcement of Grayscale adding the asset as a trust on their investment service that really caused FIL to explode higher, hitting a new ATH price above $86.
With Bitcoin becoming a trillion-dollar asset, it’s too big to ignore even for the largest players in the world of finance. Major investment bank Morgan Stanley will be providing its clients with access to Bitcoin funds, according to a new CNBC report.
Ethereum is now down by a total of 4.22% over the past 7-days of trading as it drops into the $1,742 support provided by a .382 Fib Retracement level. The cryptocurrency started to surge in March after rebounding from the support at $1,424 but could not go much past the $1,900 level this weekend.
Grayscale, the leader in cryptocurrency asset management, has launched 5 new investment trusts, with each providing exposure to a specific cryptocurrency. The company now offers investment trusts for Chainlink, Filecoin, Basic Attention Token, Decentraland and Livepeer.
Cardano saw a powerful 21% price surge over the past 24 hours of trading, allowing the cryptocurrency to return to the top 3 ranked cryptocurrency projects. The cryptocurrency had reached an ATH price at around $1.48 toward the end of February and started to head lower from there.
Mike Tyka, a pioneer in the field of AI art, says that he decided to use Tezos to launch his collection of NFTs because issuing NFTs on Ethereum would have too much of an impact on his personal climate footprint. In contrast to Ethereum, Tezos utilizes a Liquid Proof-of-Stake consensus mechanism, which requires much less energy to function.
