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Tag: world

Fortnite Patch v19.10: Tilted Towers, Klombos & Weapon Changes

Find out what's new in Fortnite patch v19.10. Fortnite Chapter 3 Season 1  saw its first proper update of the…

The post Fortnite Patch v19.10: Tilted Towers, Klombos & Weapon Changes appeared first on Esports News Network | ESTNN.

Will the rest of America follow Wyoming’s Cryptocurrency lead?

With continual growth across the country, sports betting continues to take a hold across America, with the autonomy of legalisation being handed over from the US Government to each individual state back in 2018. Having no huge history of sports gambling, the state of Wyoming has never been in any rush to legitimise betting of […]

The post Will the rest of America follow Wyoming’s Cryptocurrency lead? appeared first on Fintech News.

OKB Technical Analysis: Reversal Brings Forth a Resistance Trendline

OKB Technical Analysis

OKB coin price action forms a descending triangle pattern with the newly formed resistance trendline. Will the bulls manage to break above this pattern? OKB is a cryptocurrency that was created through the OK Blockchain Foundation and Maltese cryptocurrency exchange, OKEx. The exchange is among the biggest in the world and currently is third in terms of liquidity, fourth in terms of trading volume, and has a broad range in trading pairs. OKEx is very similar to the giant cryptocurrency exchange Binance in many ways, however, there are some key distinctions. The platform offers its own cloud mining services, and the company is more focused on offering options trading services to customers. Let us move ahead to read about OKB technical analysis. Past Performance of OKB The OKB coin price struggles to rise above the horizontal level at $27.5 resulting in the downfall of 4.60% in the past 24 hours. Nonetheless, the price action shows an 11% jump in the last week from the support zone at $24. However, the tweezer top formation hints at a downfall back to the support zone. OKB/USD Daily Chart OKB Technical Analysis The OKB coin price action shows the formation of a resistance trendline in the daily chart. The trendline creates the image of a descending triangle pattern with the base at $24. Crucial EMAs (50, 100, and 200) rise higher in a bullish alignment in the daily chart. However, the price breaks below the 50-day EMA and finds support at the 100-day EMA. Meanwhile, the 200-day EMA stands strong beneath the triangle pattern. The RSI indicator at 48% shows the slope moving in a zig-zag movement near the central line in the daily chart. The slope reapproaches the central line as the 14-day SMA shows a gradual reversal. The Stochastic RSI indicator reflects a high possibility of a bearish crossover between the K and D in the daily chart. Therefore, a bearish retracement within the triangle is plausible. Taking a bearish stand, the technical analysis shows a rise in selling pressure and forecasts a reversal within the triangle.  Upcoming Trend The OKB coin price action plans to resonate within the triangle pattern before giving a crucial breakout and setting the upcoming trend. However, the recent bearish retracement brings a shorting opportunity with a target near $24.   However, safe traders should be patient till the pattern breakout to avoid sudden reversal within the triangle.  The OKB coin price chart suggests a bullish breakout of the triangle can face opposition at $28 and $31. And, if the bears control the upcoming trend, prices can find support at 200-day EMA and $20. At press time, the technical analysis by TradingView projects “NEUTRAL” sentiments for the OKB coin. Technical Analysis for OKBUSD

The post OKB Technical Analysis: Reversal Brings Forth a Resistance Trendline appeared first on Cryptoknowmics-Crypto News and Media Platform.

Onomy Protocol’s hybrid DEX and Forex marketplace comes to NEAR via Aurora

Onomy Protocol is proceeding with its plan of converging Forex and DeFi markets, announcing a collaboration with NEAR and Aurora.

The post Onomy Protocol’s hybrid DEX and Forex marketplace comes to NEAR via Aurora appeared first on CryptoSlate.

Building An NFT For The Photography Community With Peter Hurley – The New Trust Economy

NFTs are fast becoming an ubiquitous part of the digital economy. Once largely a digital art medium, NFTs are starting to encompass other art...

Bahrain-Based Crypto Firm Rain Raises $110 Million in Series B Funding

The digital exchange, Rain became one of the most valuable crypto startups in the Middle East region today after the company raised $110 million in its Series B funding round.

Guild Esports signs £4.5m partnership with crypto exchange Bitstamp

British esports organisation Guild Esports has announced a three-year partnership with cryptocurrency exchange Bitstamp in a deal worth £4.5m.  According to the release, Bitstamp branding will be featured on Guild Esports’ jerseys and across digital content with the organisation’s content creators and players. Bitstamp’s logo will also be integrated into the Guild London headquarters, which […]

Crypto.com Adds Jon Russell As Asian Based General Partner

The Singapore-based company, Crypto.com, has hired the former TechChurch and The Ken reporter, Jon Russell as their Asian-based general partner. And with this new development, they hope to expand Fund further. Crypto.com’s $200 million Web 3 fund came into existence in March 2012. As of Monday, intending to expand via the venture arm of investing in Series A stages, project at seed and crypto startups, has grown expectedly. Russell, during an interview, made known that the fund is believed to rise to double its current size and will be announced in a few days. Crypto.com is still hiring GP’s, but with the help of Russell, the fund’s acknowledgment will extend to that Asia-based project. Though Bobby Bao, Crypto.com co-founder, currently runs the fund. Things To Know About Jon Russell Jon Russell is a Uk citizen based in Bangkok. He has lived in Thailand since 2008. In 2014 Jon Russell became a reporter for TechChurch focused on all tech-related issues in Asia. Especially all the major names in India, China, and Southeast Asia. Related article | Sports NFT Marketplace Lympo Suffers An $18.7 Million Hack With this, he changed the daily life of people across Asia. And his knowledge and influence in the tech and crypto field are precisely one of the reasons Crypto.com has hired him as one of their General partners in Asia. Crypto.com Expansion in Asia The Capital prior investment of Crypto.com comprises liquidity provider Woo Network and the first fractional-algorithmic stablecoin protocol Frax Finance. VCs to allocate stock to the ecosystem regardless of the bear market. This leaves Sino Global Capital opening to outside investors through a $200 million fund and FTX ascertaining a $2 billion investment. On June 17, 2021, Crypto.com was integrated into the biggest and most effective digital asset transfer network for institutions, Fireblocks Network. And this helper, Crypto.com, reaches about 400+ institutional participants in their network, thereby helping them grow trading volume and global level. In addition, one of the largest banks in the Singapore region, DBS Bank, is now operating a crypto trading desk. And recently, a majority stake in Thai cryptocurrency exchange Bitkub was amassed by Siam Commercial Bank (SCB), Thailand’s bank. Innovation Officer Mukaya Tai and SCB 10x Chief Venture have proclaimed that she foresees world DeFi protocols have interposed banks. Huge institutional yearning for digital assets is quickly growing in Asia. Related article | Largest DeFi Hack Yet? BadgerDAO Hack Results In Loss Of $120M+ Crypto has earned about 2 million transactions and USD 1 billion in TVL and spotlighting projects like VVS Finance and a couple of others. Moreover, Crypto.com motivated developers to build on Cronos via the Cronos Bounty Programme. It will grant USD 1,337,133.7 as the biggest reward and a Hackathon. Featured Image From Twitter

A 22-year-old makes $1 million by selling NFTs

2021 was a wild year for the NFTs ecosystem, but 2022 has started off even wilder.

The post A 22-year-old makes $1 million by selling NFTs appeared first on CryptoSlate.

DeFi and Impact Investing Must Work In Tandem to Build Sustainable Economies

Gabriela Chang writes that DeFi was made for impact investing, and the two forces must work in tandem to address sustainability.

Blockchain assessment: How to assess different chains?

Before investing your valuable resources, you should assess blockchain projects based on various factors, including community, use-case, the team behind it, longevity, etc.

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