Elrond (EGLD) price is expected to break out from the $56.50 resistance area and accelerate its rate of increase afterward. EGLD price has been moving upwards since breaking out from a descending wedge pattern on Sep. 30. Currently, Elrond price is in the process of breaking out from the $57.50 resistance area. Since this is … Read more
High-throughput blockchain platform Elrond is delving deeper into decentralized finance with its latest offering which will tokenize precious metals. Sponsored Sponsored Elrond has gone into partnership with U.K. fintech firm Aurus that facilitates the tokenization of precious metals and commodities. Three tokens for gold, silver, and platinum — AWG, AWS, and AWP — will be issued … Read more
Elrond (EGLD) has validated a long-term ascending support line that has been in place since November 2020. Technical indicators support the continuation of the upward movement. An increase above $125 would confirm the bullish trend. EGLD bounces at long-term support line EGLD has been moving downwards since it reached an all-time high price of $245.8, … Read more
The popular Polkamon non-fungible token (NFT) collection is migrating to a new home on the Elrond network to enhance the user experience. In an April 7 announcement, the creators of the popular Polkamon NFT collection of animated dragons and other creatures stated that it has entered into a long-term partnership to bring the ‘Manifold Universe’ … Read more
In this article, BeInCrypto takes a look at eight altcoins that decreased the most over the past seven days (March 12 – March 19). This week’s Hateful 8 altcoins are: Theta Fuel (TFUEL) – 12.16% PancakeSwap (CAKE) – 9.83% Celsius (CEL) – 6.98% Near Protocol (NEAR) – 6.93% OKB (OKB) – 6.54% Solana (SOL) – … Read more
The month of January was quite bullish for the cryptocurrency industry, with numerous coins reaching new all-time highs throughout it. Will February provide similar bullish returns in the crypto space? If so, which coins are likely to lead the way, and why? Continue reading below in order to find out. 1. Ether (ETH) Current price: … Read more
There are numerous new promising cryptocurrency projects coming out every year. Some of them die quickly either because they offer nothing innovative to the cryptocurrency industry or a myriad of other reasons. However, some manage to thrive, lingering around long enough to grow through the ranks and eventually become staples of the industry. In this … Read more
The Elrond (EGLD) price has been increasing since it broke out from a long-term descending resistance line on Oct. 24. EGLD has reclaimed the $9.60 resistance area, and it is expected to continue increasing as long as it is trading above this level. Despite this, lower time-frames suggest that a short-term drop is expected before … Read more
Decentralized finance protocols are in a constant state of flux and need to keep evolving to keep pace in the rapidly changing ecosystem. Meanwhile, DeFi markets are closing in on a $4 billion milestone. DeFi markets are now just a whisker away from a milestone of $4 billion in total value locked (TVL). The amount … Read more
It’s been another wild week for decentralized finance markets with Kyber and Aave joining the liquidity race. Markets are also hitting new highs. Industry stalwart MakerDAO has also made some improvements to its governance model, while Elrond is simply off the chart. DeFi markets have tapped another all-time high today as total value locked reaches … Read more
