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The relative strength index (RSI) on the daily chart is almost oversold, similar to what occurred in late-July and September, which preceded near-50% price rallies. Still, buyers will need to break above the $60,000-$65,000 resistance zone in order to yield upside price targets. Source
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Popular gaming platform Planet Sandbox has announced it’s Initial NFT Offering (INO) on DarePlay as the platform’s inaugural launch and later on Babylons, a popular BSC-centric NFT marketplace. The DarePlay launch will occur on November 10, with a whitelist opening on November 1 for $DNFT and $PSB holders. Babylon’s sale
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Cross-chain wallet XDEFI is looking to raise $12 million by selling its new utility token, $XDEFI, on a decentralized exchange (DEX), a spokesperson told CoinDesk.The token, which conforms to ERC-20, will be used to fund decentralized finance (DeFi) and non-fungible token (NFT) projects, XDEFI Wallet said Tuesday.The sale, known as
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Bitcoin (BTC) is stabilizing as buyers defended support around the $40,000-$42,000 breakout range. The cryptocurrency is oversold on intraday charts, which could encourage further upside towards the $47,000 resistance level.BTC was trading around $43,000 at press time and is roughly flat over the past 24 hours.The relative strength index (RSI)
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According to the release, the $BURP token will have a maximum supply of 500M tokens, which CoinBurp expects to reach in 2028, with 57% of the supply going to end-users.CoinBurp has announced that it will be joining forces with a global cryptocurrency exchange, KuCoin, to conduct an Initial Exchange Offering
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Decentralized poker platform, Virtue Poker, will be launching its IDO on SuperStarter. The platform has partnered with SuperFarm, a cross-chain DeFi protocol, to ensure compliance and security for its upcoming sale. Ethereum-Based Poker Platform Aims To Integrate NFTs After The Sale Of VPP Tokens Decentralized casinos are one of the most lucrative
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While Chinese firms eventually become successful trading in US markets after making their public debuts, some firms underperform with even getting kicked out due to one scandal or another. In what appears to be the most tumultuous year for most businesses, Chinese firms that listed in US exchanges through an Initial
Read MoreMuch of the current blockchain ecosystem has been built around traditional concepts. Therefore, it’s not surprising to see crowdfunding mechanisms tailored specifically for blockchain projects that resemble initial public offerings. For example, in 2017, the blockchain space witnessed the rise of initial coin offerings, and while the ICO framework quickly attracted
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U.S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again.The U.S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed. The bailout is intended to cushion families against the covid-19 fallout.Instead of buying groceries
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In the countdown to the Shelley mainnet launch at the end of this month, Cardano has released details of its staking reward system. The amount of staking reward is determined by several factors, such as the number of staking pools in operation, the saturation of a delegated pool, and block production
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