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Binance Futures To Launch FIL/USD Coin-Margined Perpetual Contract Despite Ongoing Controversies

October 19, 2020 , , , , , Eddy 0

Binance Futures is all set to launch a FIL/USD coin-margined perpetual contract with trading starting from the 20th of October at 7: 00 AM (UTC). According to the official blog post, the FIL/USD coin-margined perpetual contract is a futures contract that uses FIL as collateral. Herein, the users will be able to choose between 1-50x […]

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Filecoin [FIL] Down By Over 50%; Is Filecoin Losing Steam?

October 17, 2020 , , , , Eddy 0

Just a day after Filecoin announced its much-awaited mainnet launch on the 15th of October at block 148,888, Binance revealed ending the zero-interest promotion for borrowing FIL  and its interest rate will be adjusted as per market requirements. This news comes just hours after Binance enabled Isolated Margin trading for FIL and two other assets. […]

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Synthetix Network Token DeFi Dominance Tanks Amid Looming Breakdown

October 16, 2020 , , , , , , , Eddy 0

Synthetix declines on hiatus amid low volatility and volume. Recovery is likely to hit a snag at the 21-day SMA, which could send SNX back to the drawing board. The decentralized finance (DeFi) craze appears to have hit pause. It seems this the time tokens in the sector have to prove their worth to investors. […]

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UniSwap Technical Analysis: UNI Hunts For A Bottom As $2.5 Beckons

October 15, 2020 , , , , , , , , , Eddy 0

UniSwap bleeds profusely after rejection from $3.6. Initial support is embraced at $3, but UNI/USD looks primed for losses eying $2.5. UNI, the official token of the decentralized finance (DeFi) platform UniSwap, has lost over 13% of its value in the last 24 hours. The downswing came into the picture following a barrier encountered at […]

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Yearn.finance: YFI could dump again if this resistance is not flipped into support

October 14, 2020 , , , , , , , , Eddy 0

Yearn.finance immediate upside capped by the 50 SMA as bearish pressure intensifies. On-chain analysis suggests that the path with the least hurdles is downwards. Yearn.finance has lost a great deal of its value since it traded an astronomical all-time high of $44,000. The 4-hour chart illustrates the several attempts made to regain the lost ground. […]

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Ripple Price Prediction: XRP on the verge of a breakout to $0.30

October 14, 2020 , , , , , Eddy 0

Ripple holds above the 50 SMA as a breakout to $0.3 looms. XRP/USD bullish narrative is supported by growing volume, an upward trending RSI and a potential ascending triangle breakout. Ripple’s recovery has, in the recent past, hit a wall at $0.26. In September, the cross-border token appeared to have bottomed out at $0.22. Recovery […]

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Ethereum Price Forecast: ETH Still Has A Clear Path To $400

October 13, 2020 , , , , , , Eddy 0

Ethereum rejected at $395, leaving $400 unconquered. ETH/USD reacts to oversold conditions, but on-chain analysis highlights the most robust support between $351 and $361. Ethereum majestically closed in on the psychological resistance at $400. However, the smart contract giant hit a barrier at $395, leaving $400 unconquered. Meanwhile, ETH/USD is teetering at $384 amid an […]

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