The Business & Technology Network
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Decentralized finance (DeFi) scene is growing quickly. Tan Gera and Salim Elhila and have entered this dynamic field, starting Decentralized Masters, a platform to guide and teach people about the crypto world. The entrepreneur duo’s journey shows their ability to adapt, overcome, and evolve, as they create a space for themselves in DeFi’s changing environment...
In this analysis, we delve into the recent market behavior of LTC, examining key technical indicators and on-chain metrics. We will explore the significance of Litecoin’s interaction with the Ichimoku cloud, the implications of its Spent Output Profit Ratio (SOPR) and Adjusted SOPR (aSOPR) values, and address potential resistance and support levels. Litecoin’s Bullish Signal: Testing the...
With the House of Representatives poised to vote on the Financial Innovation and Technology for the 21st Century Act (FIT21) today, the White House’s position on the bill has become prominent. The administration has opposed the bill, raising concerns but stopping short of issuing a veto threat. The Biden administration is willing to collaborate with Congress to develop a comprehensive and...
Polkadot’s (DOT) price is on track to continue its ongoing recovery after noting corrections over the past two months. This is supported by the investors who have been exhibiting bullishness towards the asset. Polkadot Traders Pour Money Polkadot’s price at the time of writing is observing the impact of DOT holders changing their behavior. The evidence of the same can be seen in the Open...
Farcaster, a decentralized social media protocol built on Ethereum, has achieved a significant milestone. The company’s successful Series A funding round, raising an impressive $150 million, shows its growing influence and the increasing demand for decentralized social media solutions. Significant Funding Round Led by Paradigm and Key Investors Paradigm, a well-known crypto investment...
Like other areas, AI or Artificial Intelligence is also transforming the financial markets by helping traders make better decisions. AI can do this by utilizing predictive analytics and machine learning to analyze historical market...
In the current analysis of Cardano (ADA) on both the 4-hour and daily charts, several crucial support levels have emerged that could significantly influence the mid-term bullish momentum. These support levels, identified through Fibonacci retracement and Ichimoku cloud analysis, are essential for traders to monitor closely. Cardano Price Technical Outlook 4-Hour Chart Key Support Levels...
Arkham Intelligence data reveals that Vitalik Buterin, the Ethereum co-founder, transferred 80 ETH to the privacy-focused Railgun today. At today’s price, Buterin’s transfer is valued at roughly $300,000. According to on-chain data, this transfer is a significant example of Buterin’s ongoing use of Railgun over the past six months. Buterin’s Continued Support for Privacy Tools Raises...
Fetch.ai’s (FET) price is trading at $2.58 after breaching the critical resistance of $2.50, but this may not induce the rally investors are anticipating. The reason behind this is the potential selling FET is witnessing as the altcoin is noting a market top. Fetch.ai Could Note Some Drawdowns Fetch.ai’s price is breaking out of consolidation and above a key resistance level, which...
WisdomTree, a leading asset manager, has received approval from the Financial Conduct Authority (FCA) to list its Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE). This milestone allows professional investors to access cryptocurrency investments through regulated channels. London Stock Exchange Welcomes Crypto ETPs WisdomTree Physical Bitcoin (BTCW...