Bitcoin price started a strong upward move from the $29,250 support zone against the US Dollar. BTC must settle above $32,000 and $32,500 for more upsides in the near term. Bitcoin started a strong increase above the $30,000 and $31,000 resistance levels. The price is now trading well above $31,000 and the 100 hourly simple moving average. There was a …
Continue Reading
Ethereum started an upside correction from the $1,720 zone against the US Dollar. ETH price could correct further higher, but upsides might be capped near $1,850. Ethereum formed a base above the $1,720 support zone before starting an upside correction. The price is still trading well below the $1,850 resistance and the 100 hourly simple moving average. There was a …
Continue Reading
“Clearly, the thing that’s transforming is not the technology — the technology is transforming you.” Jeanne Ross, formerly of the MIT Sloan Center for Information Systems ResearchIf El Salvador’s “Bitcoin Law” was “the shot heard round the world” for Bitcoin, then when the International Monetary Fund (IMF) and the World Bank questioned the legislation, it was the incumbent empire striking …
Continue Reading
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week New data hints why Bitcoin price action has spent two months at $30KBitcoin (BTC) posted another week …
Continue Reading
Kulechov made the idea in light of Twitter organizer Jack Dorsey’s arrangements to assemble another stage for DeFi on Bitcoin.Aave Founder indicates at Social Media PlansStani Kulechov has his eyes set on decentralized web-based media. The Aave author shared his vision of a “Twitter on Ethereum” Saturday, referring to Jack Dorsey’s new declaration that he would assemble a Bitcoin-centered stage …
Continue Reading
Bitcoin has recently fallen below a $32,000 critical hold point and in response, retail investors have taken this as an opportunity to make money from the falling bitcoin price. So far, retail investors have started loading up on shorts, an incredibly bearish metric for the market. Retail investors load up on shorts | Source: Twitter So many shorts placed in …
Continue Reading
China’s central bank digital currency (CBDC) is moving fast towards its deployment. For the first time since the project was launched over 7 years ago, the People’s Bank of China (PBoC) has released a Whitepaper with the digital Yuan or e-CNY’s most important progress. The project started as a response to cryptocurrencies, such as Bitcoin, in a new world context …
Continue Reading
Ethereum restarted its decline after it failed to stay above $2,000 against the US Dollar. ETH price is holding the $1,880 support, but it must clear $2,000 for a decent increase. Ethereum started a fresh decline and it once again tested the $1,880 support zone. The price is still trading well below the $2,000 resistance and the 100 hourly simple …
Continue Reading
Ethereum is down 5% and it is struggling to stay above $2,000 against the US Dollar. ETH price could decline sharply if there is a break and close below $2,000. Ethereum is showing bearish signs below the $2,050 and $2,100 levels. The price is now trading well below the $2,100 resistance and the 100 hourly simple moving average. There was …
Continue Reading
Bitcoin price started a fresh increase from the $32,250 support zone against the US Dollar. BTC must settle above the $35,000 resistance to move further into a bullish zone. Bitcoin started a fresh increase above the $33,500 and $34,000 resistance levels. The price is now trading above the $34,000 support and the 100 hourly simple moving average. There is a …
Continue Reading
