Stellar lumen price started a downside correction from the $0.115 zone against the US Dollar. XLM price is now trading below $0.1050 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.1040 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.1050 and $0.115 resistance levels. Stellar lumen price is trading above $0.1000 against the US Dollar, similar to Bitcoin....
Read More »Ripple Price Analysis: Fresh Rally Possible Above $0.52
Ripple price started a downside correction from the $0.5850 zone against the US dollar. The price is now trading below $0.512 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5080 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could start a major increase above the $0.5120 resistance. Ripple price is consolidating near $0.500 against the US Dollar, similar to Bitcoin. XRP price...
Read More »Can the US Afford to Lose the Crypto Race? (Opinion)
By the end of World War II, the United States found itself in a position of preeminence in the global economy. For decades and generations after that time, its national security has depended on petrodollar hegemony. The standardized use of the dollar for international trade in petroleum and other commodities ensured a constant demand for the currency. This unrelenting massive global demand for U.S. dollars became a generational subsidy. It allowed the central bank to print...
Read More »DCG’s Foundry Shutters Free Mining Service (Report)
The Digital Currency Group will revamp its way of mining Bitcoin amid larger funding problems due mostly in part to another subsidiary of theirs, Genesis, going bankrupt as a result of their dealings with FTX. Freeing Up Revenue Although Genesis reached an agreement with its creditors – the crypto trading platform’s parent company, DCG, being one of them – the former is marked for sell-off as soon as a buyer appears. The arrangement DCG and its subsidiary have entered was a...
Read More »GAC : L’alliance GreenPeace/Ripple contre Bitcoin
« Greenpeace veut changer le code de Bitcoin. Rien que ça ! Pour cela l’ONG a lancé il y a quelques mois une grande campagne publicitaire qui, disons-le, n’a pas eu l’effet escompté… » Réalisation : Guillaume Goualard pour Grand Angle Crypto.
Read More »Could Grayscale Actually Defeat the SEC in Court?
It looks like the Grayscale Bitcoin Trust could be one of the few digital currency companies to get its way against the Securities and Exchange Commission (SEC). After several months of deliberation, the lawsuit the company filed against the federal financial agency could wind up taking a very unexpected turn. Grayscale Might Pull off a Win! Many companies have sought to take on the SEC in the past, though few have been successful. This is arguably what’s making...
Read More »BTC Unable to Escape $28K Range, is a Correction Incoming? (Bitcoin Price Analysis)
Bitcoin’s recent upward trend has ceased, and the price has entered a phase of steady consolidation with no clear direction. The cryptocurrency is currently in a crucial zone, and in order to surpass the significant obstacle of the $30K resistance level, there must be an increase in demand and buying power. Technical Analysis By Shayan The Daily Chart Bitcoin has recently reached a critical zone of $30,000, which has proven to be a significant resistance level.. This level...
Read More »Republicans Are Getting the Ball Rolling on Crypto Regulation
Crypto regulation has been at the forefront of many Congress-led discussions for the past several years, but while democrats have spent a long time talking about it, they haven’t acted, and quite frankly, given the fact that so many of them have accepted donations from entities like Sam Bankman-Fried of FTX notoriety, we probably don’t want them getting involved in regulation in the first place. Is Regulation Finally Coming? It now looks like republicans are taking it...
Read More »Bitcoin Price Could Go Either Way if Dimon’s Recession Warnings Come True (Opinion)
Economic, financial, and business analysts have been on the lookout for an imminent recession since late 2022. The only question in a field of certainty that a mild recession is looming is where? Jamie Dimon: Bank Failures Could Lead to Recession in 2023 Will the recession emerge from a financial crisis? Will oil or some other commodity trigger it? Could it start in housing as it did with the Great Recession? The critical weakness in banking that became evident to markets in...
Read More »Le Crypto Daily : Entretien avec Claire Balva
« Le Crypto Daily ouvre ses portes à des personnalités reconnues de l’écosystème pour vous apporter leur point de vue sur leur domaine d’expertise. Un seul objectif en tête : faire évoluer votre manière de penser, et ce, à travers un format simple : Une interview de 30 minutes pour avoir l’essentiel de l’information Des invités triés sur le volet pour garantir un réel retour sur expérience Des questions réfléchies portant sur son expérience pour comprendre sa manière de penser et...
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