Bitcoin (BTC) seems to be gearing up for another comeback, as over the past few days it has been witnessing a slight uptrend in volumes, and has been fluctuating around the $40,000 mark. Last week, the asset saw a good recovery, closing in on $42,500, which is the next stiff resistance it faces. The asset has held on to the prices, which is a good sign after it recovered close to 25% over the course of last week. Finally, after three troubling months, the asset has started to trend positively, as last week it ended multiple trading sessions, closing in the green.   After closing in green ..read more

30 July 2021 | ZebPay Trade-Desk Bitcoin, after months of facing stiff resistance in the range of $32,500-$36,000 at different points in time, broke free, and witnessed a significant rally, as it skyrocketed and breached the $40,000 mark this week. BTC buyers were quite active over the last weekend, as BTC broke the 50day moving average of $34,000 and shot upwards. The asset is trending towards the $42,000 mark, its next stiff resistance, and some profit booking is likely, and hence this might act as a strong resistance level for the asset now. Bitcoin remains in a consolidation phase as of no ..read more

The Government of Maharashtra recently announced that it is partnering with LegitDoc, an Indian blockchain startup, to provide tamper-proof diploma certificates. The announcement comes not long after reports that the state government was using the Polygon Network to track the results of RT-PCR tests.  As computer graphics become more advanced, it becomes easier to forge paper-based documents. Naturally, this is a problem for a bureaucracy where most processes are still conducted with manual verification – which is often cursory at best.  Solutions like the government’s DigiLocker are ..read more

29th July2021 | ZebPay Trade-Desk BCH started off this week in an uptrend, as it rallied upwards of 10%, supported by volumes too. This came after the BTC rally over the weekend. The asset currently trades at $500 levels, up aloost 20% on a week on week basis. BCH was created in 2017, from a fork of BTC, and it has increased block size, better latency, and can allow more transactions to be processed per second compared to BTC. However they both share the same consensus mechanism, and the supply is limited to 21mn. BCH last week made a low of $384.26. It took the support at last month’s low ..read more

28 July 2021 | ZebPay Trade-Desk Bitcoin, after months of facing stiff resistance in the range of $32,500-$36,000 at different points in time, broke free and witnessed a significant rally as it skyrocketed and breached the $39,400 on Monday morning this week. BTC buyers were quite active over the weekend, as BTC broke the 50day moving average of $34,000 and shot upwards. The asset is trending towards the $40,000 mark, and some profit booking is likely and hence this might act as a strong resistance level for the asset now. Bitcoin remains in a consolidation phase as of now though and will be s ..read more

27th July 2021 | ZebPay Trade-Desk At current levels, bears have been preventing ETH prices from rising, despite ETH rallying a little early this week. However, the asset continues to look attractive at current prices, and with the ‘London’ fork just 2 weeks away, we anticipate more activity to set in and drive prices. Volumes have seen a slight push, but not as much as we anticipated after the early week rally, but this has been native to all assets, not just ETH, so this doesn’t concern us too much. ETH took support at $1,711 (Previous Low) and started moving upwards by forming a ‘Higher Hi ..read more

A decentralized exchange or DEX, is a peer-to-peer marketplace that connects cryptocurrency buyers and sellers. DEXes employ smart contracts that self-execute under set conditions and record each transaction to the blockchain. ZebPay now lists a total of four DEX projects for trading. Let’s take a closer look at them. DEXes are important because:  You have control on your private keys. Private key, let’s say, is an alphanumeric string that allows you to access your digital assets. Centralized exchanges don’t have a private key. Centralized exchanges choose the cryptocurrencies they list ..read more

26th July 2021 | ZebPay Trade-Desk Bitcoin has witnessed an uptrend over the past couple of days as it skyrocketed from $30,000 to $38,500 levels. The asset finally beat the stiff resistance of $35,000, and since then has rallied upwards. We have also seen volumes build up gradually, as institutional investors seem to be building their positions at these levels.  Bitcoin last week did not test the support of $28,800 (Previous Low) and reversed from the weekly low of $29,301. Technically on the daily time frame, the asset has made a ‘Bullish Engulfing’ pattern and has surged almost by 35 ..read more

June has been an exciting month for us at ZebPay, with two new features now live. We hope you’re enjoying the assured returns from our new Earn and Lend features. Haven’t made a deposit yet? Read on to understand how these features work! As we continue to expand our offerings, our mission to deliver long-term value still stands. It’s the mission we believe in, and act on. This mission expands beyond just the tokens we list, but goes also to the features we offer with ZebPay. Let’s look ZebPay Earn Think of ZebPay Earn as your crypto savings account. Hold your crypto with us, and receive a fixe ..read more

22 July 2021 | ZebPay Trade-Desk Over the course of the month, crypto markets have largely seen a downside as Bitcoin and Altcoins continue to ride the downward trend. Most analysts and traders continue to maintain a bearish stance across major assets. Some basic analysis will indicate that trading activity had collapsed with spot exchange volumes having fallen more than 60% from the highs in May. The derivatives market has also seen an exodus of leverage traders and the Bitcoin futures open interest is back to the early 2021 levels. In current times, any movement across any asset is very larg ..read more