Struggle Continues For XRPUSD

Jul 18 2022 @ 06:29
Since 15 July, we notice an impressive movement in the market, favouring the bulls, as price action performs above moving average curves. The 20-day moving average and the 9-day moving average are both below the activities of the price action. This indicates that the ripple is in an uptrend movement.   Support: $0.56793, $0.46731, $0.33491 Resistance: $0.33359, […]

A Top Crypto Mining firm is Forced to Sell 79% Of Its Bitcoin To Settle Debt

Jul 12 2022 @ 05:51
‘Core Scientific’, a large mining firm, is forced to sell out tokens which the firm mined in June. Core Scientific is one of the world’s leading mining firms with over 180,000 servers around the globe, which account for 10% of the world’s crypto mining computing power. It needed to settle some debt and purchase new […]

The Meaning and Importance of Tokenomics

Jul 10 2022 @ 18:11
As the name may imply, Tokenomics is a blend of token and economics. Tokenomics studies the economics of tokens. It is an all-inclusive and broad term used to cover all the factors that make cryptocurrency attractive to investors. It includes the supply and demand of the tokens, management, allocation, regulation, distribution, incentives, and many others. […]

Annual Forecast for Lloyds (2022)

Jul 10 2022 @ 03:48
Lloyds Banking Group Plc shares (LSE:LLOY) are weak, and the weakness has been going on for several months. From February 2022 until the present, any rallies in this market are simply opportunities to sell at higher prices. The ADX period 14 is above level 20, going towards level 30. This means the momentum in the […]

What Is Wrapped Bitcoin (WBTC)? All You Need To Know

Jul 05 2022 @ 00:39
Wrapped Bitcoin is an ERC-20 token. ERC-20 is an acronym that stands for Ethereum Request for Comment. Wrapped Bitcoin is an Ethereum ERC-20 token fully supported by Bitcoin. This is a way the Ethereum network offers Bitcoin holders the opportunity to take part in the rapidly expanding Defi ecosystem. Although Bitcoin is the first cryptocurrency, other Defi networks that came after bitcoin have...

Bill Gates Seems Disturbed, Should You Also Be Disturbed?

Jul 04 2022 @ 02:16
In a recent interview with Bill Gate, he remarked on NFTs. He cited ‘the Board Ape NFTs as an example, he said these electronic arts are based on Ponzi schemes (the greater fool theory). His critical views about NFTs cannot be overlooked judging by the kind of person Bill Gate is. Bill Gates, the fourth […]

Annual Forecast for Premier African Minerals (2022)

Jul 03 2022 @ 05:27
Premier African Minerals Limited shares (LSE:PREM) have not assumed a clear direction because the market is a kind of got stuck in an equilibrium phase. A breakout is going to happen very soon and that would be in favor of sellers, as the analysis below shows. Price is currently stuck between the upper and lower […]

Electricity Consumption Drops By 50% As Crypto’s Value Nosedives

Jun 28 2022 @ 12:18
Miners on blockchain networks are facing the hard decision of shutting down operations as the price of tokens is no longer sustainable for operations. Bitcoin and Ethereum need a high amount of power supply for a mining operation. The implication of this is the high cost of power. A very good chunk of the amount […]

The Utilities of Cryptocurrencies and Blockchain in the Real World

Jun 27 2022 @ 05:12
Some are of the notion that crypto is just overhyped, that it is of no or fewer uses. Some believed that crypto being a virtual currency has very limited uses. However, the truth is that there are many uses of crypto in the real world. And as technology advances, there are many innovative possibilities for the usage of crypto in day–to–day activities. These are very few of the uses ...

8 Things I Wish People Had Told Me About Being A Trader

Jun 23 2022 @ 09:49
Not everyone will be happy for you. The tall poppy syndrome is alive and well. Be careful who you share your dreams with, especially early on in your trading career. A dream is the most fragile when it is first birthed. Trading sounds glamourous, but it isn’t. The best traders follow the same routines day […]
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