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Südamerika goes Krypto: Bitcoin beliebter denn je

Bitcoin befindet sich in Brasilien auf dem Vormarsch. Auch in anderen südamerikanischen Ländern erfreuen sich Kryptowährungen zunehmender Beliebtheit. So wurden Kryptowährungen Ende 2022 als Zahlungsmittel in Brasilien legalisiert. Für viele stellt dies einen grossen Schritt dar, wenngleich es nicht zu verwechseln ist mit der Einführung von Bitcoin als offizielle Währung, wie es beispielsweise in El Salvador der Fall ist, wo Händler sogar dazu verpflichtet sind, Bitcoin als Zahlungsmittel...

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Tron (TRX) Price Analysis: Decline Could Extend To $0.055

Tron price started a fresh downside correction from the $0.064 zone against the US Dollar. TRX price is now trading below $0.0620 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0620 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0585 support zone. TRON price started a downside correction below the $0.0620 against the US Dollar, similar bitcoin. TRX...

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Clear Upward Trend in Addresses as Ethereum Rallies Past $1.6K: Data

The year started on a bullish note which aided the world’s largest altcoin to sprint towards its pre-FTX market cap levels. Days after struggling to overcome $1,600, Ethereum finally climbed past the resistance level on Tuesday amidst a broader market rally. Even as certain group of investors looking to pocket quick gains began offloading the token, this has not affected the growing appeal of the network. Ethereum Ownership According to the latest data by IntoTheBlock, there...

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Cardano (ADA) Price Analysis: Rally Could Accelerate Above $0.38

ADA price seems to be forming a support base above the $0.35 level against the US Dollar. The price is now trading above $0.35 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.348 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it clears the $0.380 and $0.388 levels. Cardano price is showing positive signs above $0.350 against the US Dollar, similar to...

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Ethereum Price Analysis: Bulls Aim $1,800 or Higher

Ethereum price is gaining pace above the $1,550 level against the US Dollar. ETH price is now trading above $1,500 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $1,610 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,680 resistance zone. Ethereum price is rising above the $1,550 level against the US Dollar. ETH/USD could rise further if it clears the $1,680...

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Definitely Nifty: NFTs Sold Topped 67% YoY Growth in 2022

The price of Ethereum, BNB Coin, Solana, and other DeFi altcoins kept running this week. New data in a report out from DappRadar reveals there were more NFTs sold in 2022 than the year before. DappRadar: NFTs Sales in 2022 Soared In more good news for cryptocurrency’s DeFi platforms, NFTs sold last year topped sales numbers from the year before. A new report from on-chain analytics firm, DappRadar, reveals the extent that NFTs are reshaping digital ownership in the 2020s. 101...

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Erik Voorhees Sees a $40K Price for BTC in 5-6 Months

Erik Voorhees, the CEO and founder of crypto exchange Shape Shift, sees bitcoin – the world’s number one digital currency by market cap – reaching a relatively modest price of about $40,000 at some point this year. Erik Voorhees: BTC Will Be at $40K 2022 was a rough period for bitcoin. The asset fell by more than 70 percent from its all-time high of $68,000 per unit and dropped into the mid-$16,000 range. Things have been bad for the currency and its altcoin cousins for...

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