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2021-06-07 10:05:55 ​​ MARKET WATCH — 07.06.2021

Bitcoin Struggles While Ethereum and Altcoins Show Bullish Signs

BTC: $36,007.39 (+0.22%)
ETH: $2,752.34 (+2.99%)
BNB: $393.84 (+0.57%)
LTC: $177.92 (-0.99%)
DOGE: $0.3713 (+0.38%)
XRP: $0.9536 (+1.60%)

Bitcoin (BTC) failed an attempt to settle above USD 38,500, and its price started a downside correction. BTC traded below the USD 37,500 and USD 37,000 levels. The bulls are now protecting the USD 36,000 support level.
Ethereum (ETH) remained stable above the USD 2,650 support zone. ETH is rising and it is showing positive signs above the USD 2,750 level.
Binance Coin (BNB) is showing positive signs and it is consolidating near the USD 400 level. If BNB continues to rise, there are chances of a move towards the USD 420 level.
Litecoin (LTC) is stuck near the USD 180 level. If LTC corrects lower, it could find bids near the USD 165 level.
Dogecoin (DOGE) corrected gains and it even traded below USD 0.380. DOGE tested the USD 0.365 level and is now recovering.
Ripple (XRP) is holding gains above the USD 0.950 level. XRP is showing positive signs and it could soon test the USD 1.0 resistance.

Many altcoins gained over 5%, including XTZ, WAVES, MATIC, FTM, ICX, NEXO, KSM, SOL, TEL, ALGO, GRT, ONE, and CRO. Out of these, XTZ rallied almost 12% and it cleared the USD 3.80 level. Open / Comment

2021-06-06 19:12:02 IT'S TIME FOR COIN LAUNCH

The future of the cryptocurrency is so close! Have your own Britcoin wallet!
Go there and purchase Britcoin the first: www.brit-coin.co

#promotedcontent Open / Comment

2021-06-05 13:02:06 24 HOURS COUNTDOWN TO LAUNCH OF BRITCOIN

It goes without saying, that Britcoin will revolutionise the British retail payment system.

Britcoin has designed their own payment terminal that accepts cryptocurrency payments via contactless. You can do this using the Britcoin wallet where you can store your cryptocurrencies. Just Tap and Go!

Moreover, the Britcoin's payment terminal has been placed in some of the largest supermarket retail stores around England and restaurants in London.

Roadmap and Whitepaper can be found there: www.brit-coin.co

By the way, you can click Notify Me button and being the first to get the news on the launch.

#promotedcontent Open / Comment

2021-06-04 09:58:48 ​​BTC: $36,752.90 (-5.51%)

MRB Partners: Bitcoin’s Bull Market ‘May Have Come to an End

Some analysts expect limited upside in bitcoin despite the possibility of a brief bounce.

In a May 25 report titled, “Has The Crypto Fever Broken?“, the analysts cite growing concerns with cryptocurrencies’ environmental impact, possible regulatory risks, negative technical trends and a future reduction in monetary stimulus as among the many reasons bitcoin could have a tough time ahead.

“Easy money has helped fuel the crypto bubble, and a slow unwinding of this trend globally will ultimately become a headwind for the speculative digital asset,” wrote MRB.

Bitcoin has nearly doubled in price over the past year and is up about 30% year to date. The world’s largest cryptocurrency by market value suffered a volatile period in May, which appears to be stabilizing over the short term. However, some analysts expect limited upside in bitcoin despite the possibility of a brief bounce.

More details here Open / Comment

2021-06-03 10:05:33 ​​ The new Kraken app is here!

Kraken Digital Asset Exchange has launched a mobile app for investors in the United States for both iOS and Android users. In Europe it is available since January 2021.

It can be used by customers in 176 countries and 48 states with the exception of New York and Washington.

More info in the blog of Kraken. Open / Comment

2021-06-02 15:37:40 ​​BTC: $37,321.83 (+2.55%)

Goldman Sachs Analyst Says Crypto Is Not Alternative to Gold

The analyst noted both bitcoin and copper behave as “risk-on” inflation hedges, while gold is viewed as a haven.

Jeff Currie, Goldman Sachs’ head of commodities research, speaking on CNBC’s "Squawk Box Europe", said both gold and crypto have been deemed as hedges against rising prices.

He noted that while gold is viewed as a haven asset, both bitcoin and copper behave as “risk-on” assets.

"Digital currencies are not substitutes for gold. If anything, they would be a substitute for copper. They are pro-risk, risk-on assets. They are substitutes for risk-on inflation hedges, not risk-off inflation hedges."

Since April gold has risen by almost $200 due to the weak U.S. dollar. Bitcoin has increased more than 25% in 2021, but is down more than 25% over the past three months, CNBC said on its website. Open / Comment

2021-06-02 09:59:33 ​​DOGE: $0.3798 (+14.72%)

Dogecoin (DOGE) is launching on Coinbase Pro

1 June Coinbase Pro announced about adding the meme-inspired cryptocurrency Dogecoin-DOGE.

Coinbase Pro said in a blog post that users could transfer DOGE into their professional trading accounts, with trading expected to launch on Thursday “if liquidity conditions are met.” Open / Comment

2021-05-31 14:03:04 Welcome to the hidden yield farm gem on Polygon network - South Park - the only farm with unbelievably high APR and tokenomics smart enough to handle selling pressure on its native token - Kenny. They will always try to kill him but as we all know - Kenny lives forever!
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Join @southparkfin for more info! Open / Comment

2021-05-31 10:04:03 ​​ Top 5 cryptocurrencies to watch this week

Bitcoin (BTC) is struggling to sustain any price level during the current pullback, indicating a lack of demand at higher levels. Does this mean that the bull trend is over and the institutional investors are abandoning the crypto markets?

No! It is the other way around. Glassnode’s weekly newsletter pointed out that the Grayscale Bitcoin Trust (GBTC) premium is rising, suggesting that institutional investors are accumulating at lower levels.

Now that the monthly options and futures expiry has passed, investors are likely wondering if Bitcoin could start a sharp recovery next week and which altcoins will rally if that happens.

Let's look at 5 cryptocurrencies that could start trending moves this week.

Bitcoin-BTC
Polygon-MATIC
EOS
Monero-XMR
AAVE

Why these coins? The answer is here Open / Comment

2021-05-28 21:20:56 1inch launched fiat-to-crypto exchange solution

A few years before it wasn't possible to reach all major DEXs simultaneously. It goes without saying that commission fees were incredibly high.

1inch solved most of these issues, but now they're taking DeFi to the next level: the 1inch Wallet for iOS enables the fiat feature for everyone who is interested in crypto space worldwide by using the Mercuryo fiat-to-crypto gateway solution.

Mercuryo is known for its reputation as a cross-border payment network that has a partnership with 250+ crypto industry leaders. Mercuryo simplified user experience by giving an opportunity to buy ETH, DAI, USDT using bank cards and one-click payment methods through Apple Pay and Google Pay. It is available in 180+ countries.

Evidently, this collaboration is a huge step forward for the whole crypto space. Open / Comment