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Join Our Telegram channel to stay up to date on breaking news coverage The BNB/USD daily chart on CoinMarketCap shows that the cryptocurrency market’s valuation has increased significantly and is currently well over the purchase signal side of the SMA trend lines.   If you want to keep up with the ever-changing value of cryptocurrencies, go no further than CoinMarketCap. The 14-day simple moving average (SMA) is presently at $286.40, while the 50-day SMA (SMA) is at $284.70; the 14-day SMA is currently above the 50-day SMA (SMA). The bottom horizontal line, which is still maintained at the support level of $260, shows the key foundation that the crypto economy has deliberately depreciated to recover its energy values. Overbought levels of 97.98 to 100 on the stochastic oscillators show growing overbought momentum. Is BNB Going to Be Able to Surpass the $340 Barrier? Some data suggests that once the BNB/USD pair breaks the $340 threshold, it will be difficult to mai...

Join Our Telegram channel to stay up to date on breaking news coverage LTC Faces a Resistance – October 31 After a long-striving effort on the part of the LTC/USD market to surge upward in a rallying motion, the crypto currently faces resistance at a near distance above the $55 line. Price is trading around $54.60 at an average percentage rate of 1.35 negative. LTC Faces a Resistance: LTC Trade Key Levels: Resistance levels: $60, $65, $70 Support levels:$50, $45, $40 LTC/USD – Daily Chart The daily chart showcases the LTC/USD market faces resistance around the trend line of the bigger SMA. The 14-day SMA indicator is at $53.84, underneath the $56.83 value line of the 50-day SMA indicator. The bearish trend line drew alongside the bigger SMA to indicate the crypto economy is under a falling force. The Stochastic Oscillators have crossed southbound from a point above the 80 range line to place at 77.45 and 73.15 range values. Will the LTC/USD market soon lose positi...

The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse Than Expected, Report Signals an Aggressive Fed Rate Hike on the Horizon, Global Markets Shudder U.S. inflation numbers for September are in, and the inflation rate , or CPI, is worse than expected. According to the U.S. Bureau of Labor Statistics’ CPI summary published on October 13, the report shows the “Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in September on a seasonally adjusted basis after rising 0.1 percent in August.” The Bureau of Labor Statistics’ report adds: Over the last 12 months, the all items index increased 8.2 percent before seasonal adjustment. The latest CPI stats also show that the “...

Singapore’s central bank, the Monetary Authority of Singapore (MAS), has given Coinbase “in -principle approval ” allowing the crypto exchange to “offer regulated digital payment token products and services in the island state.” Coinbase stressed: “Today’s announcement underlines our commitment to Singapore as a regional hub.” Coinbase Committed to Making Singapore Its Regional Hub The Nasdaq-listed crypto exchange Coinbase announced Monday that it has received “In-Principle Approval (IPA) as a major payments institution license holder from the Monetary Authority of Singapore (MAS).” The announcement details: This license will allow us to offer regulated digital payment token products and services in the island state. “Today’s announcement underlines our commitment to Singapore as a regional hub,” Coinbase stressed. “Singapore serves as the hub for Coinbase’s APAC institutional ...