Sunday, May 23, 2021
Home > Level

How Injective and Band Protocol will take DeFi to next level

Injective Protocol has announced that it will expand its partnership with Band Protocol. As such, it will operate a validator node for BandChain. In exchange, Band Protocol will begin participating in Equinox Staking, according to an official post. This is part of Injective Protocol’s testnet preparations for its upcoming mainnet deployment. Injective

Read More

Market Wrap: Bitcoin Rallies On After Passing $50K Psychological Level to $52K

Bitcoin broke above $52,000 Wednesday, with a market capitalization nearing $1 trillion.Bitcoin (BTC) trading around $52,231.69 as of 21:00 UTC (4 p.m. ET). Gaining 7.16% over the previous 24 hours.Bitcoin’s 24-hour range: $48,430.80-$52,536.47 (CryptoX 20)BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for

Read More

Ethereum is Showing “Exceptional Signs of Strength” as Bulls Defend Crucial Level

Ethereum has been holding up somewhat well as of late despite the weakness seen across the aggregated crypto sphere Bitcoin’s slide to $30,000 has caused most major altcoins to tank, with ETH struggling to maintain the massive momentum it built over the past week Because BTC is firmly leading the markets for

Read More

Ethereum is About to Flip a Key Resistance Level into Support; New Highs Imminent?

Ethereum has seen some mixed price action as of late, with the cryptocurrency mainly taking its cues from Bitcoin This has caused it to struggle to gain any serious momentum, with its price being stuck within the mid-$1,200 region throughout the past few days The selling pressure at $1,300 has catalyzed a

Read More

Bitcoin’s $30k – $32k Level Should Hold due to Institutional Investors

Quick take:CryptoQuant CEO forecasts that $30k – $32k should hold because most institutional investors bought Bitcoin around these levelsHe cites the January 2nd outflow from Coinbase when BTC was around this price areaHowever, he cautions that his analysis is a ‘speculative guess’Bitcoin’s recent crash was most likely accelerated by Coinbase

Read More