Facebook Libra project despite being underway and facing regulation issues here and there happens to be a nightmare for many traditional banks. However, central banks across the globe are beginning to explore the option of a Central Bank Digital Currency (CBDC). Facebook Libra, CBDC’s are both different from Bitcoin, another nightmare for both currencies as […]
The XRP security lawsuit questioning the legal status of XRP as security is seemingly turning towards the plaintiffs. Jake Chervinsky, Compound’s general counsel, said that last week a district court judge gave the green light to hear the said case. The Ripple legal team sought the case’s dismissal, but the ruling went against them, and now its legal status will be explored. Yes, and not just a probability — the major remaining issue is whether XRP was a security during the relevant time period. — Jake Chervinsky (@jchervinsky) February 26, 2020 Jake says that this new development spells a victory
TL;DR Breakdown Shiba Inu price analysis is bullish today. Strong resistance at $0.00002487. Trading price of SHIB is $0.00002367. The Shiba Inu price analysis reveals a continued bullish movement in […]
Tether Treasury has minted another 300 million USDT tokens raising the company’s total USDT assets to $10.8 billion, according to its transparency page. Tether (USDT) has grown rapidly across the last few months, doubling its market cap in less than five months. The company has conducted an aggressive printing campaign that has been criticized by […]
TL;DR Breakdown Stellar Lumens price analysis is bearish today. The strongest resistance is present at $0.300. The strongest support is available at $0.252. The Stellar Lumens price analysis for January 10, 2022, appears to be following a downwards movement, with a probability of a reversal soon. The price has been fluctuating heavily for the last […]
TL;DR Breakdown The Uniswap price analysis shows a bearish trend UNI/USD prices have established strong support at $11.12 Uniswap prices likely to break lower The Uniswap price analysis shows a […]
TL;DR Breakdown Tezos price analysis is bearish today. XTZ/USD set lower low at $4.70 yesterday. Retracement above $5 seen today. The price of Tezos is bearish today, as we anticipate another lower high to be established above $5 before another drop. As a result, we believe that XTZ/USD will not see much further appreciation today […]
TL;DR Breakdown SUSHI price prediction shows SushiSwap is yet to break out of the current ascending triangle pattern but is showing signs of surging upwards. SUSHI’s MACD technical indicator has validated the bullish outlook following the move to settle above the signal line. If SushiSwap fails to settle above the $19 mark, it risks abandoning […]
TL;DR Breakdown VeChain price analysis is berish today. The strongest resistance is present at $0.0866. Trading price of VeChain is $0.0514. The VeChain price analysis shows that the price of VET/USD has followed a downwards trend in the last 24 hours. The price has shifted towards an antagonistic movement, decreasing significantly, dropping from the $0.0560 […]
TL;DR Breakdown LUNA hits a new all-time high of $100.84.  Terra’s TVL reaches $21 billion, extending its lead on BSC.  Its circulating supply was cut by over 6 million in a week.  LUNA, the native token of the Terra ecosystem has hit the three-digit mark, after reaching an all-time high of $100.84 earlier today. The […]