Ethereum never seems to lose investors’ interest. Even in a bearish market, the altcoin king has managed to make its presence felt. Here, it’s worth noting that the positive sentiment of investors could play in favor of the altcoin moving higher.
Wall Street banking giant Goldman Sachs is looking to further expand its crypto derivatives offerings. As per the Bloomberg report, Goldman is currently looking to explore over-the-counter bilateral crypto options. This will make Goldman one of the first Wall Street giants to offer a wider range of crypto derivatives to institutional clients. These bilateral options basically allow the customization of trades so that crypto holders such as hedge funds as well as Bitcoin miners can hedge risks or boost yields. The...
The number of addresses holding Cardano ($ADA) for the long-term has grown by 32.1% last month to 408,000, after growing by 10.9% in January and 5.78% in December, suggesting HODLers keep on accumulating the cryptocurrency. According to CryptoCompare’s latest Asset Report, the number of addresses holding ADA grew...
In this recovering market, every altcoin seems to be doing pretty well, including Cardano. However, even though it might be trending north over the last 24 hours or so, the bigger picture for this cryptocurrency might not change anytime soon.
U.S. Securities and Exchange (SEC) Commissioner Hester Pierce reportedly believes that the regulator will not get the outcome it’s looking for in its lawsuit against Ripple over the $XRP token. The SEC’s lawsuit against Ripple and two of its executives alleges they “raised over $1.3 billion through an...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Last month, a report found that XRP supply distribution charts showed whales were accumulating more of the token, even as the XRP lawsuit dragged on. Over the last few weeks, Bitcoin Dominance has been climbing slowly from the 40% mark to 44.2% at press time. This metric showed that Bitcoin has been steadily absorbing more of the capital in the crypto-sphere....
The recent news that US President Biden will be signing an executive order to create a ‘Digital dollar‘ has brought a sudden pump in the crypto market. Following the overall sentiment, the Sandbox(SAND) price bounced back from the $2.74 support, indicating a 4.43% intraday gain. Can traders maintain this bullish momentum to breach the long coming descending trendline?
Singapore, Singapore, 9th March, 2022, Chainwire Cake DeFi, a Singapore-based fintech platform that makes DeFi (decentralised finance) services and applications accessible to everyone, has launched its corporate venture arm with US$100 million in earmarked capital. Cake DeFi Ventures (CDV) will be focused on investing in tech startups across Web3,...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Shiba Inu (SHIB) saw a brief consolidation between the $0.034 and $0.018-levels for over two months. The buyers are now building up tension at its three-week trendline resistance (white, dashed). Here, do note that for brevity, SHIB prices are multiplied by 1000. If the sellers reject higher prices in the current range, SHIB will position itself for a near-term pullback towards...
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