Bitcoin Breaks Key Support, Why BTC Could Dive Below $40K
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Teresa Bach
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February 14, 2022
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Bitcoin
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Bitcoin started a fresh decline from well above the $44,000 level against the US Dollar. BTC broke the $42,500 support and remains at a risk of more downsides. Bitcoin traded below an important support zone at $42,500. The price is trading below $42,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance …
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Russia to regulate digital assets as currency, McDonald’s eyes the metaverse, YouTube to adopt NFTs and XRP pumps 30%: Hodler’s Digest, Feb. 6-12
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Teresa Bach
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February 12, 2022
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Altcoin News
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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 WeekRussian government and central bank agree to treat Bitcoin as currencyThe Russian government and central bank made …
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Gen Y can use tokens to get on the property ladder – Cointelegraph Magazine
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Teresa Bach
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February 11, 2022
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Altcoin News
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The explosive combination of blockchain and physical assets is making a real difference in how young people can access traditionally illiquid, expensive and slow-moving physical assets such as property. Formerly a once or twice in a lifetime purchase for most people, this lucrative investment opportunity is now being democratized so everyone can share in the wealth.This is important because many …
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Ethereum Faces Rejection, Why ETH Could Nosedive Below $3K
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Teresa Bach
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February 11, 2022
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Ethereum
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Ethereum spiked towards $3,300 but failed to extend gains against the US Dollar. ETH price is correcting gains and there is a risk of a move below $3,030. Ethereum started a downside correction after it spiked above the $3,270 level. The price is now trading below $3,100 and the 100 hourly simple moving average. There was a break below a …
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RBI Calls Crypto A Threat To India’s Financial Stability
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Teresa Bach
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February 11, 2022
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Defi
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0 Comments
RBI Governor, Shaktikanta Das has stated that private currencies such as cryptocurrencies are a threat to the country’s financial stability. The criticism against cryptocurrencies in a way is to caution and deter investors from trading as this asset class poses certain kinds of risks. Das, also mentioned in his censure that cryptocurrencies do not have any underlying value as they …
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Terra Secures Sports Sponsorship Deal With MLB’s Washington Nationals
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Teresa Bach
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February 10, 2022
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Defi
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In what can likely be labeled as the first DAO vote on a sports sponsorship deal in history, Terra has formally announced their new sports sponsorship deal with Major League Baseball’s Washington Nationals. While the MLB deals with an ongoing lockout, Terra has solidified their first-ever sports engagement, marking a major milestone for the growing blockchain. According to the formal …
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Why Bitcoin is At Risk of Drop Below $42,500 In Short-term
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Teresa Bach
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February 9, 2022
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Bitcoin
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0 Comments
Bitcoin extended increase above the $44,000 resistance zone against the US Dollar. BTC is correcting gains and might decline further if it breaks the $42,800 support. Bitcoin extended gains and even climbed above the $45,000 resistance zone. The price is trading above $42,500 and the 100 hourly simple moving average. There was a break below a key bullish trend line …
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Charity hack fixes your crypto CGT bill: Endaoment – Cointelegraph Magazine
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Teresa Bach
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February 8, 2022
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Altcoin News
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Robbie Heeger’s Endaoment has facilitated the donation of over $30 million of cryptocurrency to 243 different charities. These donations come from altruistic cryptocurrency investors who are also partly motivated by reducing their tax burdens to Uncle Sam and keeping more of their profits.Born in Silicon Valley, Heeger, now in his early 30’s, was exposed to entrepreneurship from a young age. …
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Next Bullish Levels Traders Should Watch
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Teresa Bach
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February 7, 2022
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Ethereum
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Ethereum gained bullish momentum and cleared the $3,000 resistance against the US Dollar. ETH price is rising, but it could face hurdles near the $3,200 level. Ethereum found support and started a strong increase above the $3,000 level. The price is now trading above $3,000 and the 100 hourly simple moving average. There was a break above a key bearish …
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Crypto Corner: The Sports Slice
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Teresa Bach
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February 6, 2022
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Defi
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This past week was host to the first-ever sports sponsorship proposal in a major crypto ecosystem (with a major sports tie as well) – but why stop there? Sports Illustrated is following many other traditional magazine publications (such as SLAM) to go into the NFT space, Nike and StockX are battling it out, and there’s an Olympic-sized NFT game hitting …
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