May 25, 4:07 pm
|Biggest Movers: XMR Hits 2-Week High, LRC Climbs for Fifth Straight Day|
Following a bearish start to the day, XMR climbed to a two-week high during today's trading session. Gains in monero come as LRC also saw its price move higher, rising for a fifth consecutive day, as it approaches a multi-week high of its own.
Monero extended a recent bullish streak during today's session, with prices rising to a two-week high as a result of strong gains.
XMR/USD hit an intraday peak of $204.69 earlier in the day, which is over $10 higher than yesterday's low.
Today's rally comes as prices have now risen for six out of seven sessions, with today's the highest XMR has hit since May 9.
On May 12, prices declined to a bottom of $112.98, which was a fifteen-month low, however since then, we have seen significant rebounds.
This resurgence in price is encapsulated by the ascending triangle currently shown on the chart, however prices now look to have landed at a resistance level.
Resistance at $205 has so far held firm, with the RSI tracking at its own ceiling of 55.
Should we see a breakout from this ceiling of 55, then bulls will likely target take profits at $230.
LRC made a run for its long-term resistance level on Wednesday, as prices ...
May 23, 5:30 pm
|Gamestop Launches Web3 Ethereum Wallet That Leverages Loopring's ZK-Roll...|
This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company's self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now available via the firm's web portal, in order to provide users with a wallet that stores crypto assets and non-fungible tokens (NFTs). Furthermore, the w...
March 12, 10:45 pm
|Revolut Executive Quits Company to Establish New Crypto Startup|
Alan Chang, the Chief Revenue Officer of Revolut, is reportedly leaving the UK fintech company with plans to raise funds in the millions of dollars for a new cryptocurrency initiative.
$100 Million in Funding for New Crypto Venture
According to Bloomberg, Chang is set to leave Revolut after working as one of the company's executives for nearly seve...
January 07, 1:30 pm
|Boba Network Introduces ‘Wagmi’ Options for Developers and Builders|
Boba Network, an L2 (layer 2) expansion layer for Ethereum, has announced the launch of what it calls 'Wagmi' options as a way of incentivizing builders and supporters to be invested in the project. The incentive programs will be distributed amongst different projects on the chain and will be based on various indicators such as active wallets and p...