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Popular Ethereum-based metaverse gaming platform The Sandbox has unveiled a bridge that enables users to transfer their virtual nonfungible token (NFT) LAND and native SAND tokens over to layer-2 network Polygon. While The Sandbox will live on Ethereum for the most part, the platform has emphasized that conducting SAND and LAND transactions on Polygon will […]
Read Next Carnival stock pulls back after Stifel analysts slashes price target to incorporate a recession Shares of Carnival Corp. undefinedundefined fell 0.7% in premarket trading Monday, after Stifel Nicolaus analyst Steven Wieczynski “drastically” lowered his estimates to take account for the negative effects of a potential recession on the cruise operator. The stock pulled […]
Former Ripple Labs founder Jed McCaleb is nearing the end of his eight-year XRP dump marathon, with only 81.53 million XRP (worth $26.55 million), remaining in his wallet’s balance. According to Jed Balance, a website tracking his XRP holdings, McCaleb’s wallet name “tacostand” has been shedding an average of 4.06 million XRP over the last […]
In a note released on Wednesday, after data showed first-quarter U.S. gross domestic product contracted by more than previously estimated, JPMorgan Chase & Co.’s Bruce Kasman and Joseph Lipton said “it is reasonable to consider the risk that the US and/or global economy slips into recession this year.” They said “rising concern about persistent inflation […]
Type: Bullish RiseKey Levels:Resistance: 4200.25Pivot: 3824.00Support: 3641.75Preferred Case:On the H4, with price moving in an ascending trend channel and bouncing off the ichimoku cloud , we have a bullish bias that price will continue to rise from the pivot at 3824.00 at the overlap support in line with the 61.8% fibonacci projection to the 1st […]
Type: Bearish MomentumKey Levels:Resistance: 1878.9Pivot: 1849.8Support: 1784.9Preferred Case:On the H4, with price moving in a descending trend channel and below the ichimoku cloud, we have a bearish bias that price will drop from the pivot at 1849.8 in line with the 78.6% fibonacci retracement, to the 1st support at 1784.9 at the sing low in […]