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Market Watch: LINK and AXS Explode 10%, Bitcoin Maintains $38K

Bitcoin tried to take down $39,000 but was stopped and dropped to its current level of around $38,000. Most altcoins are slightly less fluctuating today, with Ethereum standing at $2,600. Chainlink and Axie Infinity are among the best performers. Bitcoin Stands Still at $38K It was just a few days ago when the primary cryptocurrency dropped two consecutive times to $35,500 after failing to overcome $36,000. However, the bulls stepped up at this point and pushed the asset...

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Criminals Laundered $8.6 Billion Worth of Crypto in 2021: Chainalysis Report

The blockchain-based data platform – Chainalysis – estimated that the total cryptocurrency value laundered in 2021 was $8.6 billion – 30% more than 2020. According to the company, though, such an increase is somewhat expected given the considerable growth of the asset class in the past year. Crypto Money-Laundering Is on The Rise In its most recent report, Chainalysis informed that cybercriminals dealing with cryptocurrencies share one common goal: move their “ill-gotten...

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How a Series of NFTs Saved a Couple from Financial Ruin

A couple that was on the verge of foreclosure and monetary collapse said that they made more than $100,000 in just a few hours selling non-fungible tokens (NFTs). How a Couple Was Saved By Their NFTs Thorne Melcher says she lost her job as a software engineer last February. From there, the bills just began piling up and she was having a lot of trouble finding a new job. Her girlfriend, Mandy Musselwhite, was able to sell some of her artwork and make a little money for...

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Bitcoin Cash Analysis: Chances of Recovery Above $300

Bitcoin cash price started a fresh decline from the $380 resistance against the US Dollar. The price is now trading below the $300 zone and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $270 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 $250 support zone. Bitcoin cash price is showing bearish signs below $300 against the US Dollar,...

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Nigerias staatlicher Cryptocoin bisher kein Erfolg

Schon einmal vom eNaira gehört? Die meisten Menschen würden mit Nein antworten. Selbst in der Crypto Community ist der Cryptocoin kaum bekannt. Doch der eNaira ist ein Cryptocoin, auf den jeder ein Auge werfen sollte, denn er ist einer der ersten staatlichen Cryptocoins des Marktes. Crypto News: Nigerias staatlicher Cryptocoin bisher kein ErfolgNigerias Regierung hatte den eNaira vor wenigen Monaten als CBDC (Central Bank Digital Currency) gelaunched und damit eine gewisse Vorreiterrolle...

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EOS Price Analysis: Bears In Control Below $2.5

EOS price started a fresh decline from the $2.85 zone against the US Dollar. The price is now trading below $2.50 and the 55 simple moving average (4-hours). There is a major rising channel forming with support near $2.10 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend decline if there is a clear break below the $2.00 support zone. EOS price is showing bearish signs below $2.20 against the US Dollar, similar to bitcoin. The price...

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Litecoin (LTC) Price Analysis: Risk of More Downsides Below $100

Litecoin price failed to climb above $115 and corrected lower against the US Dollar. LTC price is now trading below $110 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $100 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $120 pivot level. Litecoin price is struggling below $120 against the US Dollar, similar to bitcoin. LTC price could...

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The Federal Reserve May Unveil a National Cryptocurrency

Many analysts are working to discover why it is that bitcoin has suddenly taken such a nasty price stumble. The world’s number one digital currency by market cap has fallen below the $40,000 mark after hovering there for the past several weeks, and it looks like it may be because BTC is in line to face some stiff competition from the Federal Reserve. The Federal Reserve Wants to Issue a New Cryptocurrency The Fed has issued a statement explaining that it has been looking...

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Tron (TRX) Price Analysis: Upsides Could Be Limited Above $0.062

Tron price started a fresh decline from the $0.0720 resistance against the US Dollar. TRX price is now trading below $0.0620 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0572 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move down if it stays below the $0.0620 pivot level. TRON price started a fresh decline below $0.0720 against the US Dollar, similar to bitcoin. TRX price...

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Bitcoin Price Analysis: BTC Eyes Recovery Above $38K

Bitcoin price started a fresh decline from the $42,000 zone against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There is a connecting resistance trend line forming with barrier at $37,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a strong upward move if there was a break above the $38,000 resistance. Bitcoin price is trading below $40,000 against the US Dollar. BTC might...

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