Owen Lau, an equity researcher at Oppenheimer, has estimated that the Nasdaq-listed cryptocurrency exchange Coinbase (NASDAQ: COIN) could have “hidden value” in its Coinbase Ventures unit. In a note sent to clients reported on by CoinDesk, the research analyst estimated that Coinbase’s Ventures portfolio may be worth up...
Sandbox price is fast approaching a vital support zone that is likely to absorb the incoming selling pressure and kick-start a bull rally. The bullish perspective for SAND is backed by on-chain metrics, suggesting a similar outlook.
Bitcoin prices continue to consolidate this week, compressing into an increasingly tight area below the $40k mark. Long-term holders seem to run out of patience as accumulation trends softened in the short term despite extremely constructive long-term demand trends.
ADA price trades with modest gains for the second straight day. The price is relying on the vital support level as the market is in extremely oversold conditions. ADA price might be preparing for a bullish impulse on a smaller time frame. Cardano (ADA) price continues to trade range-bound. A daily close above 50-day EMA at $0.82 will print more gains. RSI bullish divergence on the 4-hour chart supports the short-term bullish outlook.
‘Eth2’ or now called ‘consensus layer’ had a speculative date for the launch. However, one Reddit member (u/superphiz) of the r/ethstaker community predicted that it would happen in June of this year. It’s important to note that the Kiln testnet was the final public testing phase before the long-awaited Ethereum ‘Merge.’
A prominent member of the Shiba Inu ($SHIB) community who goes by “SHIB Informer” on the microblogging platform Twitter, has recently shed some light on the meeting members of the Turkish Shiba Inu community had with Mustafa Elitas, a former Economy Minister of Turkey. As CryptoGlobe reported, a...
MANA price remains negatively skewed moving in a tight range. The price action lacks conviction for a clear trend. Decentraland (MANA) is following a long-term descending resistance line with resistance at $5.91. MANA price trades with losses on Tuesday. Expect a bounce toward $2.40 if breaks above the bearish slopping line. The downside is capped near $2.20.
Leverage trading is a lucrative trading strategy gaining popularity among crypto traders. Trading on centralized exchange platforms has a lot of barriers, such as costs and maintenance. While decentralized exchanges provide an alternative to users, many are still permissioned or provide minimal trading pairs. OpenLeverage is a permissionless decentralized platform that aims to solve this issue. It provides users with an infrastructure that requires no permission to create markets for any trading pair and to margin trade. Any user can...
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