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Bitcoin has been dancing on critical support over the weekend after it was rejected north of $48,000. The first crypto by market cap has experienced a persistent downwards trend and trades at $45,937 with 1.5% losses in the past day. Related Reading | TA: Bitcoin is Struggling, But It’s Too Early
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(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin returned above $50,000 after the S&P 500 rose to a near record high.Technician’s take (Editor’s Note): First Mover Asia replaces the usual Technician’s Take today with CryptoX’s annual list of the most influential people in cryptocurrency. This year’s
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The NBA team Dallas Mavericks has partnered with crypto platform Voyager and is offering its fans a $100 bonus in bitcoin to sign up and trade crypto on the partnered platform. “We’re going to come up with new ways to introduce Mavs fans to cryptocurrency and help them understand it,”
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Avalanche-native decentralized exchange (DEX) Trader Joe announced Thursday the launch of a $20 million liquidity mining incentive program in collaboration with the Avalanche Foundation.The incentives will be applied “across the entire platform” but will focus in particular on “growth in native markets,” per a copy of the release provided to
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This past weekend at the Market America Worldwide Shop.com 2021 International Convention (MAIC2021), the president of the e-commerce firm, Steve Ashley, announced Shop.com sites from around the world will be accepting cryptocurrencies via Bitpay. This means that bitcoin, ethereum, bitcoin cash, and several other digital assets can be used to
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Gaming giant Atari has announced a collaboration with blockchain game ecosystem Enjin, which will see its iconic IP and licenses integrated into games within the Enjin multiverse.The first fruits of this collaboration, according to a Dec. 10 blog post from the company, will be a range of cosmetic nonfungible tokens, or
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An Ethereum whale dumping as much as 4,000 ETH on Binance this morning might have been responsible for
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Fundstrat’s Tom Lee thinks the United States will soon become one of the world’s safest countries for Covid-19. Declining infections feed the ‘keep buying stocks’ narrative following the Fed’s unprecedented liquidity operation. Peter Schiff warns that Main Street’s misery is Wall Street’s gain. The stock market’s return to record highs is only just
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