Ethereum price started a fresh decline from well above $3,000 against the US Dollar. ETH price is now trading below $2,800 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2,590 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,445 support zone. Ethereum price is gaining bearish momentum below $2,800 against the US Dollar. ETH/USD remains at a...
Read More »Stellar Lumen (XLM) Price Reaches Crucial Juncture At $0.165
Stellar lumen price started a fresh decline from well above the $0.200 zone against the US Dollar. XLM price is now trading below $0.1800 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $0.1750 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.1650. Stellar lumen price is trading in a bearish zone below $0.1880 against the US Dollar, similar to...
Read More »Krypto Bärenmarkt kommt? Was Anfänger jetzt wissen sollten!
Der Krypto-Markt ist durch seine erst kurze Geschichte eine noch sehr innovative Bewegung. Viele sind sich heute bereits sicher: Die Bitcoin und Blockchain-Industrie wird uns auch in Zukunft noch aktiv begleiten und unser Leben stark verändern. Betrachten wir die Vergangenheit der Kryptowährungen, so sind alle vier Jahre bestimmte Zyklen zu erkennen. Aktuell scheinen Bitcoin und die Altcoins abzustürzen. Doch ist es das Ende für Hodler? Vor Allem für Anfänger erklären wir, worauf es in einem...
Read More »Ripple Price Analysis: Risk of Downside Break Below $0.7
Ripple price is struggling to stay above the $0.70 zone against the US dollar. The price is now trading below $0.75 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.7550 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a clear move below the $0.7000 support. Ripple price is trading in a bearish zone below $0.8000 against the US Dollar,...
Read More »The ASA Cancels Posters Advertising Floki Inu Crypto
The Advertising Standards Authority (ASA) in the United Kingdom has banned an advertising campaign for the new altcoin Floki Inu, a derivative of the popular Shiba Inu altcoin which, in turn, stems from the popular digital meme currency Dogecoin. In other words, the ASA has a problem with Doge’s grandchild. The ASA Takes Aim at Floki Inu Floki Inu is named after Floki, the little Shiba Inu pup of South African billionaire and entrepreneur Elon Musk. Primarily known for...
Read More »India Video Application Chingari to Unveil New Cryptocurrency
Chingari – a short video application based in India – has unveiled its new cryptocurrency GARI, which is slated to begin trading on the India-based cryptocurrency exchange Coin DCX. Chingari in India Will Have Its Own Crypto The move comes at a rather strange – and potentially inopportune – time given that India is still very much up in the air when it comes to the fate of cryptocurrency. The country has had one of the most unstable relationships in the world with...
Read More »Bitcoin Dumps Below $40K: Lost $6K in 3 Days (Weekend Watch)
The adverse price developments in the crypto market continued, with bitcoin dropping below $40,000. Most altcoins are deep in the red as well, with Terra losing 7% and BNB dropping to $380. Bitcoin Lost $6K in 3 Days The ongoing war between Russia and Ukraine harmed all financial markets upon its start, but bitcoin managed to recover all losses immediately when the West refused to get directly involved. It kept climbing, reclaimed $40,000, and even soared to a three-week high...
Read More »Venezuela to Raise Minimum Wage 18-Fold By Pegging it to Half a Petro
The South American nation has seen economic struggles for years, whether prompted by hyperinflation or simply low salaries. Now, though, the president – Nicolas Maduro – announced a positive development for the locals in the form of an 18-fold increase in the monthly minimum wage. 18x Salary Increase Due to the Petro Long before El Salvador legalized bitcoin, Venezuela already had a compelling history with the cryptocurrency industry. At one point, it was among the most...
Read More »Face Pay to Launch New Digital Currency
Face Pay Inc. – a firm that looks to help credit card companies avoid or eliminate third-party fees – announced it is unveiling its own cryptocurrency known as Face Pay Crypto. Face Pay Is Launching a New Crypto System The company made headlines roughly two years ago when it launched a new fixed-price subscription service. Now, the enterprise will be entering the digital asset market so customers can shop utilizing currencies like bitcoin, Ethereum, and similar altcoins....
Read More »Bitcoin Cash Analysis: Risk of Break Below $300
Bitcoin cash price started a fresh decline from the $344 resistance against the US Dollar. The price is now trading below the $310 zone and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $315 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $300 support in the near term. Bitcoin cash price is struggling below $310 against the...
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