EOS price started a fresh decline below the $1.20 level against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1.080 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 $1.08 and $1.10 resistance levels. EOS price is struggling below $1.12 against the US Dollar, unlike Bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Bulls Face Uphill Task Near $92
Litecoin started a fresh decline below the $92 zone against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support near $96 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $92 resistance zone. Litecoin price is struggling below $92 against the US Dollar, similar to Bitcoin. LTC price could continue...
Read More »Apple Removes Bitcoin Whitepaper From Latest Beta Version: Report
The digital copy of Satoshi Nakamoto’s Bitcoin whitepaper was an Easter egg that was located earlier this month embedded within a test scanner app on macOS. But Apple has now removed it from the latest beta version of its operating system. With the removal of the test scanner app called Virtual Scanner II from the beta, the Bitcoin white paper – along with all the other elements it was bundled up with – is also gone. According to a report, the document will no longer be...
Read More »Bloodbath: $200 Million Liquidated in an Hour as Bitcoin (BTC) Plummets to $27K
It appears that the bulls may have celebrated too early, as the cryptocurrency market took a turn for the worse. After having surged to $30K earlier today, the price took a sudden u-turn and plummeted to $27K in less than an hour. This left close to $200 million in liquidated leveraged positions in the past hour alone. Upwards of 90% of the liquidations in the past hour were longs, accounting for more than $157 million. Binance and OKX account for the majority of the volume....
Read More »Space Kek #26 : Discreet Log Contracts (DLC)
« Après le futur de Lightning la semaine dernière, on passe aux Discreet Log Contracts (DLCs) !! Rendez-vous au Space Kek de mercredi soir à 21h30 pour découvrir à quoi ça sert et comment cela fonctionne. » Quand ? – Mercredi 26 avril 2023 à 21h30 Où ? – Sur Twitter Quelques liens utiles :– Discreet Log Contracts (DLCs) sur Bitcoin Optech– DLC on Lightning par Thibaut Le Guilly – dlc.wiki...
Read More »General Bytes ATMs Attacked By Cyberthief, $1.5 Million in BTC Gone
A group of crypto hackers have drained all the coins and funds from several bitcoin ATMs throughout the world hosted by a company called General Bytes. General Bytes Loses a Lot of Money The hackers took advantage of what’s referred to as a zero-day vulnerability to prevent all transaction losses from being reversed. General Bytes explained in a statement: The night of 17-18 March was the most challenging time for us and some of our clients. The entire team has been...
Read More »Federal Reserve Hikes Rates Again, What Will Happen to BTC?
The Federal Reserve hiked rates another 0.25 basis points in late March. The decision came in light of the banking failure occurring within America’s borders, and many analysts found themselves wondering if bitcoin’s meteoric run would somehow be affected. The Federal Reserve Again Hikes Interest Rates This new rate hike brought interest to its tallest peak since 2007. That’s a whopping 16 years! In a statement, the Federal Reserve mentioned that inflation in the country...
Read More »Bitcoin Breaches $28,000 amid Renewed First Republic Bank Crisis
While Bitcoin still maintains a somewhat close correlation to the S&P 500, the digital currency is now being pitched as a better alternative to traditional banking. The price of Bitcoin (BTC) is dramatically on the rise despite starting the day with a bearish slump. At the time of writing, the premier digital currency is changing hands at $28,810.19 after printing a 5.41% growth over the past 24 hours. Riding on its current outlook, the cryptocurrency is now paring off the losses it...
Read More »21Shares and Cathy Wood’s Ark Investment Renew Bitcoin ETF Bid amid BTC Price Rebound
The new filing comes as cryptocurrencies, and risk assets in general, are in recovery after a bad 2022. Crypto exchange-traded-product issuer 21Shares and investment firm Ark Investment Management are once again trying to get a spot Bitcoin exchange-traded fund (ETF) approved. This comes after the United States Securities and Exchange Commission (SEC) rejected two previous attempts. The firms argue that such a fund would offer protection currently not available to investors in the United...
Read More »Tron (TRX) Price Analysis: Bulls Aim For Key Bullish Break
Tron price started a fresh increase from the $0.0625 level against the US Dollar. TRX price is now trading near $0.0660 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0665 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0672 resistance zone. TRON price started a fresh increase above $0.0625 against the US Dollar, similar to Bitcoin. TRX’s price could rise...
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