Ethereum price is gaining pace above the $1,250 level against the US Dollar. ETH price is now trading above $1,250 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,300 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,350 resistance zone. Ethereum price is rising above the $1,250 level against the US Dollar. ETH/USD could rise further if it clears the $1,350...
Read More »Exploited Nomad Bridge Wallet Transfers $1.5M to Tornado Cash
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Read More »Stellar Lumen (XLM) Price Regains Traction, What Could Be The Target?
Stellar lumen price started a fresh increase above the $0.070 resistance zone against the US Dollar. XLM price is now trading above $0.0750 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.0738 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.0780 and $0.0750 support levels. Stellar lumen price is trading above $0.0750 against the US Dollar, similar...
Read More »Ripple Price Analysis: Bulls Aim Higher Above $0.37
Ripple price is slowly moving higher above the $0.35 level against the US dollar. The price is now trading above $0.3400 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.3410 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bullish momentum if it clears the $0.3560 resistance zone in the near term. Ripple price is rising steadily above $0.340 against the US Dollar,...
Read More »ApeCoin Charts Monthly High, Bitcoin Calm Below $17K (Weekend Watch)
Bitcoin continues to be unable to overcome $17,000, despite briefly jumping above that level yesterday. The altcoins have also calmed following the notable gains charted at the start of the weekend. ApeCoin, though, has marked a near one-month high. Bitcoin Stalls Below $17K 2022 brought little joy for the bitcoin bulls and the end of the year was quite similar, with the asset falling to a multi-week low of under $16,500. After a few calm days around New Year’s Day, the...
Read More »Bill Ackman Criticized for Support of Helium Crypto
Hedge fund billionaire Bill Ackman is taking a lot of flak for his support of a digital currency called Helium. Many users on Twitter and other social media platforms are calling him out for his alleged ignorance and claim that Helium is nothing but a Ponzi scheme. Bill Ackman Gets Jumped on for His Helium Praise The crypto space is filled with vast opportunities, some of which are real and some of which aren’t. Many players out there say you really need to keep your...
Read More »Weekend Watch: Lido DAO Soars to 2-Month High, BTC Touched $17K
After failing to challenge $17,000 for several straight days, bitcoin finally touched that level, marking a multi-week high. The altcoins also turned green on Saturday, with impressive gains from Ethereum Classic and Lido DAO. Bitcoin Touches $17K The end of 2022 was quite calm for the primary cryptocurrency, and the first day of the new year didn’t bring any more excitement either, as it remained at around $16,500. The situation started to change on Monday with a minor push...
Read More »SBF Pleads Not Guilty, DCG-Gemini Fiasco Escalates, Bitcoin Stable Amid $17K: This Week’s Crypto Recap
The total cryptocurrency market capitalization managed to increase by around $17 billion in the past seven days. Interestingly enough, the gains came mostly on the back of altcoins. This is highlighted in the declining Bitcoin dominance – a metric that’s commonly used to gauge BTC’s share relative to that of the rest of the market. At the time of this writing, the BTC dominance sits at 38.1%, having peaked at over 38.4% last week. Bitcoin’s price increased by a total of...
Read More »Ben Mezrich Is Writing a Book About the NFT Craze
Ben Mezrich is an author who wrote the book, “Bitcoin BTC Billionaires,” which talks about the rise of the Winklevoss Twins from their early days trying to develop what would eventually turn into Facebook to their adult lives as some of the biggest bitcoin bulls out there. Ben Mezrich Is Writing a New NFT Book Right now, the book is being adapted into a film and is in pre-production, meaning things are still being planned out and the project is in its earliest stages....
Read More »ECB Official Pushes for CBDC Development Citing Betterment for Consumers
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