TA: Bitcoin Prints Bullish Pattern, Why Dips Turn Attractive For BTC

Bitcoin price formed a base above $35,000 and started a fresh increase against the US Dollar. BTC broke the $38,000 resistance and it even traded close to $40,000. Bitcoin started a fresh increase above the $38,000 and $38,500 resistance levels. The price is currently well above $38,000 and the 100 hourly simple moving average. There […]

Why This Bitcoin Price Pattern Spells Short Term Pain For BTC

Bitcoin has held critical support after a move to the downside on Friday and trades at $37,539. A good old weekend pump has brought it back from the mid-zone of the $30,000 range and now it might make a push towards $38,000. BTC trends upwards in the daily chart. Source: BTCUSD Tradingview In the short […]

Nvidia CEO Huang: “Ethereum Is Going To Be Quite Valuable”

If you weren’t sure the stance for Nvidia CEO Jensen Huang when it comes to Ethereum’s upcoming shift to proof-of-stake, no need to question it further. Huang is clearly optimistic about Ethereum’s future. In an online-only Computex event, he fielded a variety of questions ranging anywhere from his thoughts on the metaverse to global semiconductor […]

Cardano Deploys First Simple Smart Contract On AlonzoBlue Testnet

Cardano (ADA) has maintained part of its profits from the pre-crash weeks. At the time of writing, the fifth cryptocurrency by market cap trades at $1,50 with moderate losses in the weekly chart. ADA with moderate gains in the daily chart. Source: ADAUSDT Tradingview ADA moves with the general market sentiment, undecided, and with no […]

A New Era of Crypto: Digital Switchover 2.0

As cryptocurrencies begin to cement themselves into the wider financial system thanks to growing interest from previously wary institutional investors and blockchain technology’s increasing integration into our everyday lives, the way is being gradually paved for a world where all money and financial products are digital. The driving force behind the ultimate shift will undoubtedly […]

Why Bitcoin Could Slingshot Back To Lows Before Gaining Momentum

Bitcoin price is making its best attempt yet to climb back above $40,000 since the big crash in May. Thus far, the phrase “sell in May and go away” has worked like a charm, and it could take longer before buying coins back again is a profitable strategy. That’s because the top cryptocurrency is struggling […]

May The Best Money Win? How Anti Bitcoin Countries React To Its Expansion

An opposite reaction to the “Bitcoin Law” passed by El Salvador and to its growing adoption was to be expected. Mainstream media has been replicating news on BTC alleged negative environmental impact, its use for illicit activities, and others. However, the Director of the Dutch Bureau for Economic Analysis, Pieter Hasekamp, might be the runner-up […]

Zort Launches a Token That Powers Its Automated Trading Platform

Having a successful investing career in cryptocurrencies is quite hard. Even if you are a seasoned trader in Forex, commodities, or any other traditional market, you will find crypto to be a completely different animal. Many reasons account for this. The best-known one is the crypto’s relatively low capitalization. That means that the markets are […]

BNY Mellon’s James Taylor Takes Up New Role with Unizen Exchange

James Taylor, one of the leading lights at BNY Mellon, has quit his role at the global bank to take up a new position in crypto. All of Talyor’s business acumen accrued from years on the job will feed into his role with Unizen, where he will assume the newly created post of Chief Business […]

Will Bitcoin Mining Backed Volcano Bonds Be Enough To Ward Off The IMF?

El Salvador passed a bill making Bitcoin legal tender this week, putting it on equal footing with the country’s official national currency, the U.S dollar. While this was celebrated as a victory for Bitcoin, the International Monetary Fund (IMF) has since voiced its concerns with the move. During a press conference on the matter, IMF […]

TA: Ethereum Revisits $2,400, Here’s What Could Trigger More Downsides

Ethereum failed to surpass $2,600 and started a fresh decline against the US Dollar. ETH price is holding the $2,400 support, but it is likely to face sellers near $2,550. Ethereum made two attempts to gain strength above $2,625, but failed. The price is now trading well below $2,550 and the 100 hourly simple moving […]

Kraken Reconsidering IPO

Does Coinbase’s mild direct listing performance have emerging crypto platforms thinking twice about going public? The latest comments from major cryptocurrency exchange Kraken might be suggesting so. In an interview with CNBC earlier this year, Kraken CEO Jesse Powell shared that the company was considering going public via a direct listing in 2022. Coinbase went […]

TA: Bitcoin Signals Fresh Decline, Why Dips Could Be Limited In BTC

Bitcoin price extended its upward move above the $37,500 resistance against the US Dollar. BTC failed to clear $38,500 and it is now correcting lower. Bitcoin traded above $38,000, but it failed to continue higher above $38,500. The price is currently well above $35,000 and the 100 hourly simple moving average. There was a break […]

Why The SEC Issued A Warning To Bitcoin Futures Investors

The U.S. Securities and Exchange Commission (SEC) has issued yet another cautionary bulletin for Bitcoin investors. Specifically, the Commission has warned about the dangers for BTC futures traders and has asked them to “weigh carefully the potential risks and benefits of the investment”. The bulletin called “Funds Trading in Bitcoin Futures” is part of a […]

How Extreme Fear In Crypto Correlates With Bitcoin Bottoms

The crypto market is in full fledged fear for the longest phase in more than a year, coinciding with a massive Bitcoin drop of more than 50%. The once trending cryptocurrency has yet to recover, leaving the market and participants in a state of extreme fear. But past data shows, fear is often a good […]

Are Institutions Already Over The Bitcoin Digital Gold Narrative?

Bitcoin trades at $36,786 and records profits in the 7-day chart, after two consecutive weeks of losses. In the 30-day chart, BTC still has a 32.3% loss. The price action painfully moves higher in the current range, but without conviction from the bulls. BTC trends downwards in the daily chart. Source: BTCUSD Tradingview The crypto […]

Is The Planet the Price We Pay For Things of Beauty?

NFTs are a thing of beauty (sometimes), and sometimes they are just downright weird. But they are collectible, and they are definitely having more than a moment. NFTs have grabbed the headlines with celebrities releasing their collections, from “The Mohammed Ali Collection”, to Tony Hawk and then prominent artists like Banksy and Beeple whose work […]

Who Needs Coal When You Have Cow Dung? Cryptocurrency Mining Goes Brown

Proof-of-Work (PoW) cryptocurrency mining has been the subject of bad press in recent times. Critics argue that excessive energy consumption, and its use of fossil fuels, are wasteful and causing irreparable damage to the environment. But, UK-based entrepreneur Josh Riddett hopes to change that with his renewable energy business, which turns cow dung into energy […]

Amber Group Announces New Amber App Referral Program

Upgrade supports new user sign up perks, an enhanced referral program, and up to 5% APR on DOT / BNB tokens Amber Group, the leading crypto trading and technology firm, announced new user perks and an enhanced referral program on its popular crypto finance mobile app – Amber App. Starting today, qualified new users are […]

TA: Ethereum Recovery Hits Roadblock, Why Close Above 100 SMA Is Important

Ethereum started a steady increase and cleared the $2,550 resistance against the US Dollar. ETH price is now struggling to climb higher above $2,650 and the 100 hourly SMA. Ethereum gained pace for a move above the $2,500 and $2,550 resistance levels. The price is struggling to settle above $2,600 and the 100 hourly simple […]

TA: Bitcoin Recovers Sharply, Why BTC Could Rally Further Above $38K

Bitcoin price started a strong increase above the $35,000 resistance against the US Dollar. BTC is currently showing a lot of positive signs and it could even surge above $38,000. Bitcoin started a steady increase above the $35,000 and $36,000 resistance levels. The price is currently well above $36,000 and the 100 hourly simple moving […]

Bitcoin Daily Dragonfly Doji Gives Bulls Hope Of Sharp Reversal

Bitcoin price is now up $6,000 from yesterday’s low in a flash. A long wick below support is now left behind, forming a Japanese candlestick formation called a dragonfly doji. With a large follow through by crypto bulls already, a daily close above $36,000 could leave a reversal pattern behind on the charts. But to […]

Experts Stay Safe in a Down Market?

The cryptocurrency market is notoriously volatile, with some cryptocurrencies experiencing more volatility in a single day than many traditional financial instruments experience in a whole week. While this volatility has made cryptocurrencies some of the most lucrative assets for speculators and investors, it also brings with it significant risks — since the market can experience […]

BSC Is on Fire: Projects Migrate to a New Ecosystem

Have you ever tried energy drinks like “Burn”, “Red Bull” or “Monster”? Despite the fact that they don’t give you wings they do help to boost productivity when needed. Unfortunately, they also have adverse effects like contributing to weight gain or increasing sugar levels. For that reason, some prefer coffee, no surprise it is defined […]

How Does Bitcoin Mining Work? Is It Profitable in 2021?

Bitcoin mining received a lot of attention when Bitcoin first made its appearance, and it remains a topical issue. Naturally, things have changed quite a bit since 2009, when Bitcoin first saw the light of day, and Bitcoin mining is certainly no exception. As you may know, Bitcoin mining is the process used to generate […]

Are You a Blockster? If You’re Investing in Crypto Then You Certainly Are

The crypto space is in the midst of the biggest bull run in its history, with more attention being focused on cryptocurrencies and blockchain than ever before. Despite this, crypto projects often have a hard time reaching their audience. The blanket ban on all cryptocurrency advertising placed by tech companies like Facebook and Google in […]

Identity Focused Blockchain Concordium Announces Mainnet Launch

Bitcoin was introduced to the world in 2008, and so far, it has captured the imagination of millions of crypto enthusiasts globally. From 1 cryptocurrency in 2008 to over 10,000 in 2021, the cryptocurrency industry has come a long way. Back in 2010, Bitcoin’s market cap was a meager $170,000, and today, it stands at […]

TA: Ethereum Signals Recovery, How ETH Could Start A Strong Increase

Ethereum extended its decline and it traded close to $2,300 against the US Dollar. ETH price is now recovering and it could start a strong increase if it clears $2,550. Ethereum extended its decline below the $2,400 and $2,300 support levels. The price is now well below $2,600 and the 100 hourly simple moving average. […]

TA: Bitcoin Extends Losses, Why $30K Holds The Key For Next Wave

Bitcoin price extended its decline below the $33,000 support zone against the US Dollar. BTC is currently recovering and it must stay above $30,000 to avoid a larger decline. Bitcoin extended its decline below the $33,500 and $33,000 support levels. The price is currently well below $35,000 and the 100 hourly simple moving average. There […]

Bitcoin Miner Mayhem As On-Chain Fees Drop 90% In Two Months

Bitcoin has been struck by the bears for its third consecutive week. At the time of writing, BTC has lost two critical support zones at $35,000 and $32,000. The first cryptocurrency by market cap trades at $31,987 with a 10.5% correction in the daily chart. BTC receives Bear attack in the 24-hour chart. Source: BTCUSD […]

How Scallop Intends to Take on The Global Banking Industry

The world’s banking industry is ever-evolving, with new trends and disruptive opportunities emerging every year. In 2020, the global pandemic gave rise to a large shift in consumer behavior in almost every industry. For banking, like many others, this was a shift to online or digital operations, as in-person service was inevitably no longer viable. […]

“What is a Bitcoin Marketplace?”

In keeping with this era of evolving technology and how digitally dependent most of society has become, money has transformed in numerous ways. Traditional physical cash is no longer the only method of transaction. Our assets and savings have taken on a more virtual form, becoming cryptocurrency. Since their initial launch, cryptocurrencies have left a […]

Flare Raises $11.3M in New Investment Round

Flare, the blockchain network running on the Federated Byzantine Agreement (FBA) consensus mechanism, has raised $11.3M in its latest fundraising round. Contributions to Flare came from a slew of prominent names in crypto including Digital Currency Group, Coinfund, Kenetic Capital, LD Capital, cFund, Borderless Capital, Wave Financial, and Backend Capital. Angel investors who participated in […]

Questions Linger As FBI Recovers Colonial Pipeline Ransomware Crypto Funds

U.S agencies claim they have recovered most of the $4.4 million in crypto paid out to hackers of the Colonial Pipeline. But hazy details around the case leave more questions than answers. Crypto Funds Recovered By U.S Last month, news broke that hackers had exploited a pipeline that carries refined gasoline from Texas to New […]

TA: Ethereum Topside Bias Vulnerable, What Could Trigger Sharp Decline

Ethereum started a fresh decline from the $2,850 resistance against the US Dollar. ETH price is down over 5% and it is struggling to stay above $2,420. Ethereum declined sharply after there was a clear break below the $2,650 support. The price is now well below $2,650 and the 100 hourly simple moving average. There […]

TA: Bitcoin Resumes Slide, Why BTC Could Extend Losses In Short-Term

Bitcoin price failed to stay above the $35,000 support against the US Dollar. BTC is declining and it is likely to extend losses below $33,000 in the short-term. Bitcoin started a fresh decline after it broke the $36,500 and $36,000 support levels. The price is currently well below $36,000 and the 100 hourly simple moving […]

U.S. Recovers Millions Paid In Bitcoin For Pipeline Ransomware

U.S. authorities have successfully recovered a ransom paid in Bitcoin by the company Colonial Pipeline, per a CNN report. In May, a cyberattack allegedly perpetrated by a Russia-backed hacker group called DarkSide halted the operations of this company. According to the report, Colonial Pipeline controls around 45% of the fuel for the U.S. East Coast. […]

Bear Market Bottom Fractal Says Bitcoin Could Soon Bump And Run

No clear signal for Bitcoin’s price, except for uncertainty. Investors are puzzled as the first cryptocurrency by market cap follows crab-like price action. At the time of writing, BTC trades at $35,935 with sideways movement across the board. BTC moves sideways in the daily chart. Source: BTCUSD Tradingview The most bullish expert believes BTC could […]

Bitcoin Bulls And Bears Alike Beware Of Potential Pump And Dump Fractal

Bitcoin price has been stuck trading within a small symmetrical triangle. These continuation patterns tend to suggest another equal sized move down is coming. However, a sweep of lows would “perfect” a buy setup that could initiate a pump and dump fractal from years ago. The pump and dump would be designed to further confuse […]

Dogecoin (DOGE) Is Now Supported by Alfacash Store

Alfacash Store is available to buy and sell cryptocurrencies against euros in a fully non-custodial and automatic process. Now, its users can also enjoy the trading of Dogecoin (DOGE), the popular crypto-meme. They can find here a fast, secure, and regulated way to exchange this cryptocurrency with different payment methods. Dogecoin (DOGE) was officially launched […]