The healthcare industry is working towards equal opportunity in service provision for individuals worldwide. Meeting this objective is not an easy task, but with the recent creation of R-DEE, an all-in-one ecosystem and network, it seems possible to meet global healthcare needs not just on patient-doctor requirements but also on distributors and professionals. These capabilities are available under one platform, making it possible to streamline, expand, and upgrade individual healthcare services all under one roof.
Cardano has been struggling to rise above the 20-day EMA for the past few days, which suggests that traders are selling on rallies to this level.
We had mentioned in the previous analysis that Binance Coin could start a deeper correction if bears sink the price below the £292 to £284 support zone but the bulls were in no mood to relent.
In this analysis of Ripple Price GBP, the bulls bought the dip to the 20-day EMA on October 13 but they could not push the price above the overhead resistance at £0.8924. This suggests that demand dries up at higher levels.
Ethereum price gbp broke above the neckline on October 14, completing a bullish inverse head and shoulders pattern. However, as we had projected in our previous analysis, the bears aggressively defended the overhead resistance at £2,905.65 and have pulled the price back to the neckline.
In this analysis of BITCOIN PRICE GBP — Bitcoin soared above the £42,653.53 resistance on October 15, clearing the path for a retest of the all-time high at £47,240.05.
The rising 20-day exponential moving average (EMA) and the relative strength index (RSI) in the overbought zone indicate that bulls are in the driver’s seat.
Cryptocurrencies are considered highly volatile assets. The asset-based cryptocurrencies are used for digitising an asset, and the record is stored on the blockchain. For example, if a real estate property is sold to an individual, the information will be digitised instead of requiring paperwork. The records, like property location, deeds and ownership history of the property, are stored on the blockchain. Bitcoin is the most valuable cryptocurrency globally by market capitalisation, only subject to 20% to 30% swings in price on any given day.
Staking is the process to secure the network on Proof of Stake (PoS) blockchains. Unlike conventional Proof of Work (PoW) models, token owners can stake their acquired native tokens and earn a percentage yield as rewards. Simply put, staking facilitates validating a transaction or adding another block to the network. For blockchain start-ups leveraging the PoS blockchain networks, it helps them incentivize investors by allowing them staking opportunities.
“The team at Mandala Exchange is honored to be a part of the Platinum Crypto Academy community. At Mandala Exchange we value community first, above all. We are excited to join such a thriving ecosystem, and share in the education, progression, and adoption of such a powerful industry.“ — Joe Reiben, Mandala Exchange CEO.
The Growth of the Cryptocurrency Market
There is no denying that the current crypto and blockchain market is experiencing a surge in demand, with new cryptocurrencies and their subsequent values creating plenty of buzzes. According to an Allied Market Research report, the global crypto market will likely record a 12.8% CAGR growth rate between the years 2021–2030.