Ripple price started a fresh decline from the $0.490 zone against the US dollar. The price is now trading below $0.480 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $0.4550 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.490 resistance zone. Ripple price is struggling below $0.490 against the US Dollar, similar to Bitcoin. XRP price could...
Read More »Jim Cramer Says BTC Will Shrivel Up and Die Soon
Jim Cramer – the famed host of “Mad Money” on CNBC – has commented that bitcoin has no real use case, and he thinks the biggest digital currency by market cap will dry up faster than a riverbed. Jim Cramer Thinks BTC Won’t Last Long Is he right? His words come during a time when bitcoin appears to be picking up steam. The currency was depleted of all its resources and energy during 2022, which is arguably the most bearish year on record for bitcoin. During that time, the...
Read More »Most Bitcoin Traders Don’t Seem Worried About the Banking Crisis
Bitcoin gained traction not too long ago even though the Federal Reserve announced it was hiking rates another 0.25 basis points. Bitcoin Remains Strong This is proof that many people have restored their faith in the world’s number one digital currency by market cap and are shirking both Federal Reserve and banking concerns to the side. The American economy and the banking crisis the country is enduring at the time of writing would likely cause many standard traders and...
Read More »Bitcoin : Les meetups de la semaine
Voilà une liste non exhaustive des villes qui consacreront cette semaine un meetup à Bitcoin. Si votre événement n’est pas répertorié ou s’il a été modifié, n’hésitez pas à nous contacter. Mardi 2 mai Mercredi 3 mai Jeudi 4 mai Vendredi 5 mai Autres événements : https://bitcoin.fr/events/categories/evenements ...
Read More »Bitcoin Extends Dominance Over Alts as BTC Stable Above $29K: Market Watch
The past few days of April did not bring any substantial price moves in either direction for bitcoin, which remains north of $29,000. The altcoins are also calm during the weekend as the trading volume has disappeared. On a weekly scale, though, BTC’s dominance has risen by over a percentage. BTC Maintains $29K During Weekend This weekend resembles the previous one in terms of lack of volatility, aside from BTC’s highest price point. Last Monday began with bitcoin jumping to...
Read More »Indian Investor Committed Suicide After Losing Money on Bitcoin (Report)
A 49-year-old resident of Kolkata, India, reportedly drowned in the Hooghly River. The primary autopsy found no evidence of violence, suggesting he committed suicide. The man supposedly invested in shares and bitcoin, hinting that a potential loss on his investment could be one reason behind his unnatural death. Another Indian Jumping off a Bridge A recent coverage informed that the Indian police found the body floating in the Hooghly River, several miles north of Kolkata....
Read More »Following Massive Volatility, Will BTC Finally Break Above $30K? (Bitcoin Price Analysis)
Bitcoin has received support at the crucial 50-day moving average, located at $27,000. This has led to a rally that aims to break through the significant resistance level of $30K. Despite the cryptocurrency’s overall bullish outlook, there is potential for rejection from this price range. Technical Analysis By Shayan The Daily Chart Following a short-term correction, Bitcoin found support at the 50-day moving average, presently found at $27,300, resulting in another uptrend....
Read More »Charles Constant Arrested on Crypto Money Laundering Charges
Federal agents have arrested Charles Riley Constant, an owner of digital currency ATMs under the Coindawg name. At the time of writing, he has been charged with money laundering, and he’s been accused of stealing COVID pandemic-based loans and converting them to BTC and other forms of crypto to hide them from prying eyes. Charles Constant Is Facing Money Laundering Charges Money laundering has long been a serious problem in the crypto space. As of late, we have received...
Read More »Bitcoin Shows Great Resilience in Face of Interest Rate Hikes
Bitcoin has shown the world just how resilient it can be. Not long ago, the Federal Reserve decided to raise interest rates by another 0.25 basis points. Under normal circumstances, the price of bitcoin would fall, and this time around was no exception as the world’s number one digital currency by market cap dropped from $28K to $26K. Bitcoin Is Still Alive and Kicking However, things didn’t stay there long, and just a day or so later, BTC was back at $28,000 per unit,...
Read More »Injective (INJ) Up 17% Weekly, Bitcoin (BTC) Stable Above $29K: Weekend Watch
Bitcoin has finally calmed after the massive volatility mid-week and stands just above $29,000. The altcoins are also sitting quietly today, with Solana being the only notable gainer from the larger caps. BTC Maintains $29K This past working week started rather calmly, as bitcoin continued trading sideways in a tight range of around $27,500. The landscape changed on Tuesday when the bulls initiated a massive leg-up that ultimately drove the cryptocurrency to $30,000. However,...
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