Bitcoin (BTC)

ADA price is trading in a bearish zone below the $0.355 support zone against the US Dollar. The price is now trading below $0.355 and the 55 simple moving average (4-hours). There are two bearish trend lines forming with resistance near $0.3400 and $0.3580 on the 4-hours chart (data feed via Kraken). The price could continue to move down if it stays below the $0.3550 resistance zone. Cardano price is struggling below $0.355 against the US Dollar, similar to bitcoin. ADA...

Alameda Research – sister trading firm to the now bankrupt FTX exchange – is suing the world’s largest Bitcoin fund on behalf of FTX’s debtors and affiliates. The company demands that Grayscale permit redemptions on its Bitcoin and Ethereum Trusts, which could cumulatively unlock over $9 billion for the trust’s shareholders.  Grayscale’s Bitcoin Stash Per a press release from the FTX Debtors on Monday, claims have also been filed directly against Grayscale CEO Michael...

The negative sentiment in digital asset investment products reached the fourth week recording an outflow of $17 million. Confirming the same, the latest edition of the CoinShares report stated, “The poor sentiment likely represents continued investor concerns over regulatory uncertainty for the asset class.” Institutional investors are feeling the pressure as the US regulatory agency, the Securities and Exchange Commission (SEC), continued to target the crypto entities in the...

The President of El Salvador – Nayib Bukele – disclosed that the country’s tourism sector has increased by 95% since it embraced bitcoin as an official means of payment. He criticized some central banking institutions, including the Federal Reserve, claiming their policies have washed out a big chunk of people’s savings. As such, Bukele expects a lot of individuals from the West to focus on decentralized financial instruments. ‘We Get Some Rebranding’ El Salvador’s political...

While many were excited when Yuga Labs announced its first ordinals NFT collection last month, the exact nature of its auction process is proving highly controversial.  Casey Rodarmor – the inventor of Ordinals – called the NFT giant’s sale “degenerate” due to putting its participants’ Bitcoin holdings at risk.  The Problem With Bitcoin Auctions In a Twitter thread on Sunday, Yuga Labs published details surrounding how its upcoming “Twelvefold” auction would work. Twelvefold...

Union Finance Minister Nirmala Sitharaman of India commented that crypto regulation has become a major priority for several finance ministers and central bank governors of G20 countries. She commented that during this year’s summit, crypto regulation is likely to be a hot topic that many of them will discuss. Nirmala Sitharaman: Crypto Regulation Must Be Enforced By All Nations Sitharaman also commented that crypto regulation will likely have to be a group effort. There...

Why do actors consider themselves experts on things they’re clearly not experts on? Is it because they’re surrounded by entourages that deem them gods of some kind? Is it because their agents and managers suck up to them out of knowing that if they don’t do what they should, they won’t get their ten percent cuts? In any case, actors seem to think they always know it all, and Ben McKenzie of “The O.C.” fame is no exception. Ben McKenzie Likely Doesn’t Know as Much as He...

The price of bitcoin went up a bit in early February after it was announced that the Federal Reserve was predicting decreased inflation for 2023. Bitcoin Jumps Following Positive Fed Remarks The words came by way of Jerome Powell, the Federal Reserve chair. He stated in an interview: We expect 2023 to be a year of significant declines in inflation. It’s our job to make sure that that’s the case. My guess is it will take certainly into not just this year, but next year to...

Ethereum-Preis bald auf 3'000 US-Dollar? Quo Vadis, Ethereum? Nachdem der Merge vollzogen wurde, steht die Zukunft der Kryptowährung Ethereum (ETH) weiterhin in den Sternen. Befürworter argumentieren, dass der Wechsel zu Proof-of-Stake notwendig war, um mit dem neuen Konsensmechanismus einen Weg zu Eth 2.0 zu gehen. Gegner hingegen halten es für einen Fehler, dass Ethereum nun nicht mehr in direkter Konkurrenz zu Bitcoin steht. Jetzt wird bald ein...

Letzte Woche ist etwas interessantes passiert: Die Anzahl der Bitcoin-Suchanfragen auf Google sind erneut gestiegen. Obwohl bereits auf hohem Niveau hat das Volumen der Google Suchanfragen zu dem Keyworkd Bitcoin nochmals um 15 Prozent zugenommen. Kommt bald der Krypto-Frühling? Denn eines ist gewiss: Im Monat März beschäftigen sich ziemlich viele intelligente Köpfe mit Bitcoin. Es finden soviele Bitcoin Meetups, Konferenzen und Events statt, wie...