Stellar lumen price is consolidating above $0.3600 against the US Dollar. XLM price is now trading near $0.3680 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3610 on the 4-hours chart (data feed via Kraken). The pair could start a fresh increase if there is a clear break above the $0.3800 resistance. Stellar lumen price is trading well above $0.3500 against the US Dollar, similar to bitcoin. XLM price must...
Read More »Ripple Price Analysis: Rally Could Extend above $1.30
Ripple price started a fresh increase above the $1.20 resistance against the US dollar. The price is now trading above $1.20 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.168 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if there is a clear break above $1.28. Ripple price is slowly rising above $1.25 against the US Dollar, unlike bitcoin. XRP price must...
Read More »Bitcoin Demand Trends Downwards as Institutions Move Into DeFi and Altcoins, Says Genesis
Digital assets firm Genesis recently published its Q3 Market Observations Report, and it highlights some of the major trends across the market. This time, it shows the demand for bitcoin had faded during Q3 as institutions were exploring DeFi platforms and altcoins. BTC Demand Trends Downward Due to Institutionalization As per the report, BTC demand trended downward during Q3 due to the lack of opportunities for traders to profit from spreads between the BTC price in spot and...
Read More »El Salvador Is Building More Schools With Bitcoin’s Help
El Salvador says it is looking to utilize some of the profits it’s made from holding and trading bitcoin to build roughly 20 schools throughout the country. El Salvador Will Rebuild Its Education System The announcement came by way of Nayib Bukele, the nation’s president. Not long ago, the nation of El Salvador took advantage of a bitcoin dip that saw the world’s number one digital currency by market cap fall to roughly $59,000 per unit. From there, the currency rose...
Read More »JPMorgan Is Confident Bitcoin Will Reach a Price of $146K
In a new report, analysts at JPMorgan state that bitcoin has the potential to reach a whopping $146,000 per unit rather soon. JPMorgan Thinks BTC Is Heading to the Moon There have been several predictions as of late that bitcoin will potentially reach six figures in the coming months, but JPMorgan – which at times, has been rather bearish when it comes to bitcoin – is releasing one of the biggest predictions, though there are a couple of things that need to be taken note...
Read More »Valkyrie Bitcoin ETF Decision Delayed Until January
The Securities and Exchange Commission (SEC) may appear all lovey-dovey with the idea of a bitcoin-based exchange-traded fund (ETF) as of late given its approval of the recent Pro Shares product. Sadly, this would not necessarily be true, as the firm has recently announced it will be pushing another ETF decision into 2022. The SEC Has Delayed Another Decision Regarding a BTC ETF The new ETF comes by way of a company known as Valkyrie. The firm had placed its ETF...
Read More »Grand Angle : Entretien avec Claire Balva
Entretien avec Claire Balva, cofondatrice de Blockchain Partner, et directrice Blockchain & Cryptos chez KPMG France. Réalisation : Richard Détente pour Grand Angle Crypto
Read More »Replay : L’économie du futur avec Bitcoin
Bitcoin est-il en train de dessiner l’économie du futur ? Table ronde animée par Benoît Huguet du Journal du Coin dans le cadre de la conférence Surfin’Bitcoin qui s’est déroulée cet été à Biarritz. Avec : – Yves Choueifaty, fondateur de la société de gestion TOBAM – Philippe Herlin, économiste et essayiste, – Ferghane Azihari, essayiste et consultant en politiques publiques
Read More »Michael Saylor and Max Keiser Explain the Potential Benefits of Elon Musk Converting Tesla Shares to Bitcoin
Elon Musk has asked his millions of Twitter followers whether to sell 10% of his Tesla stock. The question is what to do with the proceeds, and bitcoin proponents, such as Michael Saylor and Max Keiser, have explained the benefits if he decided to buy BTC with the money. Musk to Sell 10% of His Tesla Stock? The CEO of the world’s largest EV maker took a rather unorthodox approach in regards to his financial future. He asked his multi-million fan base on Twitter whether he...
Read More »Bitcoin Price Analysis: Bulls Stuck Below an Important Resistance, Breakout Attempt Incoming?
In the past few days, we saw Bitcoin’s price nearly touching $60K again and it’s now important to reclaim the 21-ay MA in the near term. Meanwhile, the strong resistance continues to lie between $63.7K and $64.8K. The ideal scenario for BTC bulls would be to complete the cup and handle breakout above $63.7K and $64.8K, which should send the price to the range between $70K and $80K. There are still no signs of a distribution trend forming but we did see some light...
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