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Bitcoin Price Analysis: BTC Eyes Upside Break above $65K

Bitcoin price started a fresh increase above the $60,000 resistance against the US Dollar. The price is now trading above $62,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $62,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is showing positive signs and it could continue to rise above the $65,000 level. Bitcoin price is gaining pace above $60,000 against the US Dollar. BTC...

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Cardano (ADA) Price Analysis: Bulls Facing Uphill Task

ADA price is struggling to clear the $2.18 and $2.20 resistance levels against the US Dollar. The price is now trading below $2.20 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2.21 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase unless there is a break below $2.05. Cardano price is struggling below the $2.20 resistance against the US Dollar, unlike bitcoin. ADA price...

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Ethereum Price Analysis: ETH Remains In Uptrend Above $3,700

Ethereum price started a fresh increase above $3,500 against the US Dollar. ETH price is now trading above $3,500 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $3,800 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $3,800 resistance zone. Ethereum price is showing positive signs above $3,500 against the US Dollar. ETH/USD could gain pace above the $3,800 and...

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Crypto Frauds in The UK Resulted in $200 Million Stolen in 2021: Report

The number of cryptocurrency-related crimes in the United Kingdom has significantly surged in the first nine months of 2021 comparing to last year, reads a recent report. The local police warned that bad actors often use a fake celebrity endorsement to lure people in. Youngsters Are The Most in Danger According to a recent Bloomberg coverage, there have been 7,118 reports of schemes related to digital assets in the UK between January and October this year. Victims parted out...

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Decoin Exchange Launches New Social Trading Platform

[Featured Content] The cryptocurrency market has expanded disproportionally throughout the past year and it’s currently valued at more than $2.4 trillion. What used to be a small niche industry is now a force to be reckoned with and more people are jumping on the bandwagon Data from CoinGecko reveals that the daily trading volume is also in the hundreds of billions, showcasing a serious interest when it comes to trading cryptocurrencies. This has especially been the case in...

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Coinbase Is Building a Whole New Platform Devoted to NFTs

Coinbase – one of the biggest and most popular cryptocurrency trading platforms in the world – has announced it is developing an entire marketplace devoted to non-fungible tokens (NFTs). Coinbase Is Growing Through Its New NFT Market The non-fungible token world is growing every day. With so many sports-related events and even artwork now being tied to NFTs, individuals have found a way to ensure all their memories and important moments are recorded permanently to the...

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Binance Burns Almost $640 Million Worth of BNB Tokens

Binance recently completed its 17th token burn. Over 1 million BNB were removed from circulation, comparable to previous burns. However, due to increased token value, this is the highest value burn of BNB to date. Binance announced the recent burn on their site earlier today – the 17th burn since the first in October 2017. According to the exchange, 1,335,888 BNB were removed. In dollar terms, this equals $639,462,868 at the time of the burn. Specifically, 1,318,049 BNB were...

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Stellar Lumen (XLM) Price Remains In Uptrend Above $0.40

Stellar lumen price started a steady increase above $0.3200 against the US Dollar. XLM price is now trading above $0.3500 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3700 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if there is a clear break above the $0.4000 resistance zone. Stellar lumen price is trading well above $0.3500 against the US Dollar, similar to bitcoin. XLM price...

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Eric Rosengren: A Digital Dollar Could Be Great for the U.S.

Eric Rosengren – the former president of the Federal Reserve Bank of Boston – stated in an interview that he is quite fond of the idea of a digital dollar. He thinks the United States would benefit greatly from using such a tool, and he’s convinced it will not get in the way of bitcoin’s path towards greatness. Eric Rosengren Thinks a Digital Dollar Could Work for the Country If only China could have such an attitude. One of the big reasons, analysts speculate, why China...

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Wild Pack Beverage Company Says “Yes” to Crypto Payments

Wild Pack Beverage Inc. has become the latest company to begin accepting bitcoin and crypto payments for products and services. Wild Pack Brings the Crypto Payment World Closer to Reality This has become a growing trend as of late. No doubt, the cryptocurrency space is becoming much stronger and heading deeper into mainstream territory as more and more view the asset space as something that is not only valid, but necessary. However, things didn’t start out on that path....

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