Analysts suggest Dogecoin traders are rotating profits into large-cap altcoins
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summy Morphe
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May 16, 2021
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Litecoin
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0 Comments
Every cryptocurrency bull market has at least one surprise catalyst that comes out of nowhere to excite traders and spark massive trading volumes that lift the total market capitalization to new highs. The 2021 bull market is no exception to this rule, and one of the biggest catalysts for growth this year has been the explosive popularity of Dogecoin (DOGE), which …
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Headhunter, a Storage and Display Solution Aiding NFT Artists and Collectors
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summy Morphe
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May 16, 2021
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Blockchain
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0 Comments
Non-fungible tokens (NFT) marketplace, HeadHunter is creating lasting display and storage solutions for collectors and artists via interactive trophy rooms. Additionally, the platform allows decentralized governance and offers extra income to Heads (HeadHunter NFTs) – connecting decentralized finance, or DeFi, to the NFT world. Since the turn of the year, NFT marketplaces have witnessed explosive growth as mainstream media, billionaires, the …
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Bitcoin Muted While Ethereum Surges, Why BTC Could Soon Break $60K
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summy Morphe
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May 16, 2021
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Bitcoin
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0 Comments
Bitcoin price started a fresh increase above the $56,500 resistance zone against the US Dollar. BTC is now approaching a major break, with a major hurdle near $60,000. Bitcoin is showing positive signs above the $56,500 and $58,000 resistance levels. The price is now trading well above $58,000 and the 100 simple moving average (4-hours). There is a major contracting …
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Ethereum Sets New ATH, Why Dips Remain Attractive In Near-Term
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summy Morphe
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May 16, 2021
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Ethereum
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0 Comments
Ethereum extended its rally and it traded to a new all-time high near $3,550 against the US Dollar. ETH price is correcting gains, but it is likely to remain well bid near $3,400. Ethereum extended its rally above $3,500 and it traded to a new all-time high near $3,550. The price is now trading well above $3,400 and the 100 …
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Is Paying Employees in Crypto Legal
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summy Morphe
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May 15, 2021
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Blockchain
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0 Comments
Digital money has become more popular as a payment method for goods and services and as an investment. Major companies and retailers across the globe use digital currency such as Bitcoin as a payment method. Today, there are companies that pay their employees in Bitcoin.However, since a legal and regulatory structure for cryptocurrency as a method of paying employees is …
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Bitcoin Resumes Uptrend, Here’s Why BTC Could Rally Above $60K
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summy Morphe
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May 15, 2021
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Bitcoin
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0 Comments
Bitcoin price remained well supported near the $56,000 support zone against the US Dollar. BTC is rising and it may soon break the key $60,000 resistance zone. Bitcoin found support above $56,000 and started a fresh increase. The price is now trading well above the $57,500 level and the 100 hourly simple moving average. There was a break above a …
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Ethereum Smashes $4K, Why ETH Is Not Done Yet
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summy Morphe
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May 15, 2021
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Ethereum
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0 Comments
Ethereum extended its rally and it traded to a new all-time high above $4,000 against the US Dollar. ETH price is showing a lot of positive signs and it is likely to climb above $4,100. Ethereum extended its rally above $3,900 and it traded to a new all-time high near $4,030. The price is now trading well above $3,950 and …
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Altcoins rally as bulls pile into large-cap tokens and layer-1 projects
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summy Morphe
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May 15, 2021
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Litecoin
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0 Comments
The cryptocurrency market provides investors with another day of ‘altseason’ as the majority of altcoins in the top 100 on CoinMarketCap rallied today. Several large-cap tokens reached multi-year highs and this all took place as Bitcoin (BTC) price struggles to hold any of the news-event-driven gains that it has accrued throughout the week. One of the most notable performances has been …
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How to Create Central Bank Digital Currency (CBDC) over XinFin (XDC) Network?
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summy Morphe
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May 15, 2021
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Blockchain
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0 Comments
Abbreviated from Central Bank Digital Currency, CBDCs are digital or electronic representations of national fiat currencies. Leveraging distributed ledger technologies such as blockchain, CBDCs enable central banks to increase payment efficiency while drastically lowering transaction costs.Although similar to cryptocurrencies such as bitcoin or ether, CBDCs have substantial distinctions. While the former is mostly unregulated, CBDCs function under the governance of …
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Bitcoin Fails Again, Here’s Why BTC Remains At Risk of More Losses
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summy Morphe
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May 15, 2021
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Bitcoin
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0 Comments
Bitcoin price failed once again to clear the $60,000 resistance zone against the US Dollar. BTC is showing a few bearish signs, but the $52,500 support holds the key. Bitcoin failed to gain pace above $59,500 and it even struggled to test $60,000. The price is now trading near the $55,500 support and the 100 simple moving average (H4). There …
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