Cryptocurrency Analysis and News Portal
As companies have to shift their business model to contend with low interest rates, the largest find themselves in a comparatively better situation. Today’s episode of The Breakdown is an extended edition of the Brief. The final topic today looks at news that some large money market funds are shifting fees from
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Industry insider Dusk Golem has claimed that Resident Evil 8 will be the longest RE Engine game to date. The comments came in response to a fan complaining about the short length of the recent Resi 3 remake. In the long run, how long Resi 8 is will have nothing to do
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Liquidity mining is coming to proof-of-stake (PoS) blockchains. Anchor, the new decentralized finance (DeFi) platform from Terra, Cosmos, Web3 Foundation and Solana, is being designed to launch with a governance-token reward. Version 1 is going live in October, according to a Terra co-founder. Anchor is a two-pronged platform for PoS token holders.
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Quick take:Top crypto analyst, Timothy Peterson, believes that ChainLink will eventually be bigger than Bitcoin. His prediction is based on the fact that LINK is not affected as much by BTC’s movements. Furthermore, the price of LINK is dependent on ChainLink’s user growth. ChainLink allows for the interaction of real-world information. ChainLink (LINK) is
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Bitcoin is down more than 6% and it trimmed most its gains above $10,000 against the US Dollar. BTC price is currently holding the key uptrend support at $9,300, but it is vulnerable to a larger decline.Bitcoin failed to continue higher and declined sharply below the $10,000 pivot level.The price
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Bitcoin failed to surpass the $6,900 and $7,000 resistance levels against the US Dollar. BTC price is back in a bearish zone and it could continue lower towards $6,200 or $6,000.Bitcoin is down around 4% and it is now trading well below the $6,800 level against the US Dollar.There was
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Ripple failed to stay above the $0.1900 support and declined sharply against the US Dollar. XRP price remains at a risk of more losses below the $0.1800 support areaRipple price is down more than 2% and it settled below the $0.1880 level against the US dollar.A new weekly low is
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Despite the retracement since Friday’s $6,900 top, Bitcoin remains decisively higher than it was three days ago, when it was wallowing in the low-$5,000s as investors feared a deeper crash. According to a prominent cryptocurrency trader, a trend has appeared on BitMEX’s futures market that suggests bulls remain in control.BitMEX’s Funding
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Bitcoin jumped towards $6,000 in overnight trading as Federal Reserve reduced its benchmark interest rates, but trimmed gains as some traders liquidated their positions for cash amid sell-off in stocks.The bitcoin-to-dollar exchange rate plunged to $4,396.50 by 10:05 UTC, bringing its 24-hour losses further up by 13.78 percent. The bitcoin futures
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Ripple is declining from the $0.2900 resistance area against the US Dollar. XRP price broke $0.2700 and it could continue to correct lower towards the $0.2600 support.Ripple price started a downside correction after it failed to test $0.3000 against the US dollar.There was a break below the $0.2800 and $0.2700
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