The American venture capital investor Tim Draper predicted that bitcoin’s price will surge in the future due to the cryptocurrency’s advantages over fiat currency. The billionaire claimed in 2020 that the COVID-19 pandemic will have a disastrous consequence on the global economy, but it will be a flourishing factor for BTC. The primary digital asset climbed to an all-time high of almost $70,000 the following year, whereas a financial crisis and record inflation rates...
Read More »Bitcoin Price Analysis: Is a Crash to $27K Imminent for BTC? Key Factors to Watch in the Coming Days
Bitcoin’s price is yet to recover above the $30K level after falling below a few days ago. However, the price is currently being supported at around $29,000. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has been consolidating in a very tight range below the $30K level. The 50-day moving average is around the $29K mark at the moment. If it gets broken to the downside, the 200-day moving average located around the $27K level would be the next...
Read More »A&G Announces Launch of First Crypto Fund in Spain
[unable to retrieve full-text content]CoinspeakerA&G Announces Launch of First Crypto Fund in Spain The fund will be audited independently by PwC, one of the world's leading professional services organizations. A&G Announces Launch of First Crypto Fund in Spain
Read More »Gary Gensler, at One Time, Thought Differently About Crypto as Video Footage Shows
Some interesting video footage from several years back has resurfaced that’s making people see Gary Gensler and the Securities and Exchange Commission (SEC) a tad differently. Gary Gensler and His Original Feelings Towards Crypto In the video, Gensler – not yet in charge of the financial agency – told his audience of investors he thinks four cryptocurrencies – bitcoin, bitcoin cash, Ethereum, and Litecoin – are not securities, but things didn’t quite stop there....
Read More »EOS Price Analysis: Risk of More Losses Below $0.73
EOS price started a fresh decline from the $0.80 zone against the US Dollar. The price is now trading below $0.765 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.767 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.760 and $0.780 resistance levels. EOS price is struggling below $0.760 against the US Dollar, like Bitcoin....
Read More »Litecoin (LTC) Price Analysis: Fresh Increase Possible Above This Resistance
Litecoin is slowly moving higher from the $88 support against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $92.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $92 and $95 resistance levels. Litecoin price is recovering from the $88 zone against the US Dollar, similar to Bitcoin....
Read More »Comprendre le rapport entre Bitcoin et énergie
Conférence organisée par Montaigne Conseil & Patrimoine. Avec Pierre Noizat, CEO de Paymium et Michel Khazzaka, fondateur de Valuechain.
Read More »Federal Reserve Raises Rates Again By 0.25%, Bitcoin Trades Flat
The Federal Reserve rose its target interest rate by 25 basis points on Wednesday, in line with market expectations. This brings the central bank’s rate to over 5.25% – one of its highest levels since the lead-up to the 2008 financial crisis. The latest hike marks the Federal Reserve’s 11th rate hike over its last 12 policy meetings dating back to March 2022. The central bank’s mission over the past year has been to quell once rampant inflation, which peaked at 9.1% in June...
Read More »Bitcoin Whale Balance Hits Largest Monthly Decline: Glassnode
Bitcoin whales typically capture the stagnant market conditions to accumulate more coins. This trend continued even during the underwhelming price performance of Bitcoin in recent months, as new analysis suggests a dramatic uptick in whale activity during the period. Glassnode’s latest edition of “The Week On-Chain,” observed that the aggregate Whale balance has declined by approximately 255k BTC since May 30. This was found upon isolating coins flowing between Whale entities...
Read More »Bitcoin Price & Bitcoin Cash Are Struggling This Week, But BTC20 Token is Rising
It’s been a difficult week for Bitcoin and Bitcoin Cash, with both coins seeing substantial price drops. $BTC’s value is now 8% below the high of July 13, while $BCH’s price has sunk 28% over the past month. However, the good news for crypto investors is that several new altcoins remain bullish – with BTC20 being one of the most promising. Crypto Whale Movements Prompt Uncertainty for $BTC Holders At the time of writing, Bitcoin is trading around the $29,160 level, having...
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