Ethereum

Ethereum Approaches Next Major Break, $3K Is The Key

Ethereum recovered nicely above the $2,750 resistance zone against the US Dollar. However, ETH price must clear $3,000 for a steady increase in the coming sessions. Ethereum is up over 15% and it cleared the $2,750 resistance zone. The price is still well below the $3,000 level and the 100 hourly simple moving average. There is a crucial contracting triangle …

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Bitcoin

Here’s What Could Trigger A Bullish Reversal Above $40K

Bitcoin price was dumped yesterday by over 20% against the US Dollar. BTC is recovering from $30K and it might attempt a bullish reversal above $40K. Bitcoin tumbled below the $40,000 and $35,000 support levels. The price is now trading well below $42,000 and the 100 hourly simple moving average. There is a crucial bearish trend line forming with resistance …

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DeFi Takes On Conventional Financial Services

Today, the world of digital assets has become so popular and accepted all over the world that it is considered to be one of the best investment platforms. During the pandemic year 2020, people needed an alternative platform for investments as almost every industry came down. That is when cryptocurrencies and blockchain gained so much. And along with that, millions …

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Breakneck speed of crypto adoption could result in whiplash, warns wallet exec

Cryptocurrency adoption on a United Kingdom-based payment app is booming in the first quarter of 2021, but whether that trend continues could depend on the actions of Bitcoin (BTC) evangelists like Elon Musk, warns STICPAY director James Bay.The mobile payments app reported a 48% increase in crypto deposits in the first quarter of the year, while fiat deposits remained static. …

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