The trading price of Polygon (MATIC) had been demonstrating a strong run since February 15. Although the overall market trend was low, MATIC kept moving in the upward direction. Prior to the strong push, MATIC’s trading price was stuck at a neckline resistance. It was reportedly stuck at $1.3 and it needed to break out,…
Today was not a good day for the global cryptocurrency market as the price of all the major cryptocurrencies fell briskly. As a result of this drop in prices, the global market cap of the crypto market declined by 2%. Talking of Dogecoin, the price of meme tokens plummeted by 1% over the past 24-hours….
The Stacks protocol is a layer-2 scaling solution designed to enable smart-contract protocol on the Bitcoin network. The developers of Stacks have also developed the native token for a platform that is known as STX. However, recently STX is making the headlines due to the decline in its price on Monday, after seeing a massive…
Over the past seven days renowned cryptocurrency (FIL) has seen a surprising rise in its market price. Filecoin (FIL), a prominent protocol for decentralized storage, experienced an impressive surge of 75% by the end of the last week. This marks the end of six months of restrained price performance for the coin that was once…
Since the start of February 2023, meme coins have been the best performers in terms of price surges. Previously Shiba Inu, Doge, and Baby Doge, now Floki Inu is making all the headlines. The market today sparked as the price of Floki Inu, a meme coin increased by over 200%. This rally put an end…
The trading performance of Bitcoin (BTC) has been quite volatile in recent hours. The data shows that the asset has become very volatile and its volatility was different in the past 24-hours. Due to the strong volatility, the trading price of Bitcoin ended up getting pushed to a higher level. It was a significant jump…
DBS Digital Exchange (DDEx) has just made a major announcement pertaining to the trading activities it has registered for cryptocurrencies. DBS Group Holdings is the main entity behind DDEx, which reportedly owns DBS Digital Exchange, operating it as its crypto trading subsidiary. Information Shared by DDEx The company has shared very promising details pertaining to…
According to a new study, there has been a 42% increase in lawsuits related to cryptocurrencies in 2022. Last year saw the highest number of claims recorded in one year, with 41 claims made in the United States. Research further indicated that the majority of the cases were initiated by the Securities and Exchange Commission…
Bitstamp has announced that it is expanding its operational jurisdiction to another major country. As per the officials at the Bitstamp exchange, they have acquired an operational license in a European country. Bitstamp Enters French Market As per the officials at the Bitstamp exchange, they have acquired an operational license for France. This way, the…
As cryptocurrencies gain traction across the world, governments are trying to keep up with the growing adoption of digital assets. India has a large population of crypto investors and users. Not to mention, there are even a few retailers that accept payments in cryptocurrency. However, the finance minister, Nirmala Sitharaman, is concerned that there is…
The ability to follow a financially sound strategy has given birth to various groups of investors in the world of cryptocurrency, each with its own distinct motivations for investing in digital assets. Some may see it as a means to diversify their portfolios, while others may be drawn to the potential for high returns or…
The cryptocurrency industry is introduced with dozens of cryptocurrencies on a daily basis. However, not many cryptocurrencies are able to earn the spotlight. Only a handful of cryptocurrencies are able to gain market attention and investors then start investing in them. On the other hand, there are cryptocurrencies that gain a tremendous amount of growth…
