The iGaming industry has historically been plagued by security concerns and inconvenient transactions thanks to constant monitoring by the government. Cryptocurrencies have eased the situation, enhancing the popularity of online gambling over the years. Online gambling in the USA peaked during 2003 with the popularity of WSOP. However, the boom was short-lived as the government […]
Although it’s been over a decade since Bitcoin came into existence, most people today remain clueless about its operations. The primary question that people ask is: What is cryptocurrency? And although the answer can be complex, in simple terms, cryptocurrency is a digital asset that can be used as a medium of exchange during cryptographic […]
Bitcoin was a little more than an experiment when launched at the peak of the US financial crisis of 2008. The currency was a new form of a digital asset with no central governing authority or regulator. Instead, BTC relied entirely on a distributed ledger system and a network of peers in charge of keeping […]
ADA Price Analysis – November 17 The breakout at the resistance level of $0.11 may push up the price to the resistance levels of $0.13 and $0.15. In the same vein, the breakout at the support level of $0.10 may reduce the price to the support level of $0.08 and $0.07. ADA/USD Market Key Levels: […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair has been in a downward move since November 12. The Yen has fallen to level 104.49 at the time of writing. The selling pressure may persist as price breaks below the SMAs. The downtrend is likely to […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishThe index is continuing the upward move. On November 11uptrend, a retraced candle body tested the 88.6% Fibonacci retracement level. The retracement indicates that the index will rise and reach level 1.1129 Fibonacci extensions. That is the high of […]
Key HighlightsBCH slumps to $242 lowThe crypto fluctuates between $240 and $260 Bitcoin Cash (BCH) Current StatisticsThe current price: $251.32Market Capitalization: $4,668,038,972Trading Volume: $2,545,039,402Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis November 16, 2020Bitcoin Cash is in a sideways move below the $280 overhead resistance. Since October […]
Bitcoin (BTC) remains unrelenting in its quest to retake its all-time high. The benchmark cryptocurrency has recorded a new YTD high on the back of some positive news in the race to develop a COVID-19 vaccine. Earlier today, Moderna Therapeutics (NASDAQ: MRNA), one of the leading global pharmaceutical companies, reported that its Coronavirus vaccine candidate […]
Global investor sentiment is fueled by the recent good news about coronavirus vaccines. Moderna said its vaccine is 94.5% effective in preventing COVID-19, based on interim data from later trials. The dollar, yen, and Swiss franc are trading lower overall as the week starts with a solid risk regime. In particular, the Nikkei rose more […]
