It added nearly 5 per cent to its value over the past 2 days, and faced a resistance trendline that sent it dumping. Currently, it is trading at $1.25 a token.Īfter being in a downtrend since July and consistently trading below its 50-day moving average since August, DYDX was amongst the top gainers yesterday. Its token - DYDX - was once a hot altcoin in 2021, listing at $3 and heading to $28 soon after. "Ethereum is down by over 65 per cent year to date and the selling could intensify," he added.ĭYDX is a combination of a spot trading and derivatives trading exchange, offering trading for over 30 crypto assets. "The sellers are trying to strengthen their positions by pulling the price below the uptrend line," he said. Bitcoin and Ethereum dropped up to 3 per cent, he added. With this move, STAN has now become India’s first platform (app) to launch the NFTs of gaming and esports industry content creators and gamers.īitcoin and Ethereum traded slightly lower on Monday as markets await the US inflation data, which is due on Thursday, said Edul Patel, CEO and co-founder, Mudrex. STAN has announced the roll-out of a first-of-its-kind official Non-Fungible Tokens (NFT) and Limited Digital Collectibles (LDCs) collection in collaboration with more than 50 well-known gaming creators and e-sports athletes in India. It covers everything from how to commonly use crypto jargon to how to interpret complex trading charts. This guide is designed to clarify crypto concepts and make them accessible to everyone. After a steep layoff due to tumbling trading volumes, Indian crypto exchange WazirX has launched its first-ever crypto guide, a one-stop guide comprising videos and text where anyone can learn the basics of crypto.
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