Bitcoin (BTC)

Former head of MicroStrategy Michael Saylor recently gave his thoughts and opinions on the digital currency scam surrounding FTX, the now fallen cryptocurrency exchange that was once labeled the ultimate golden player in the space. Michael Saylor on the FTX Collapse His conversation began with the statement that what was happening around FTX was “tragic.” It then transitioned into a discussion of FTT, the native token of the crypto exchange. He said: Since the supply was...

Nayib Bukele – the president of El Salvador – has issued a tweet saying he is going to be purchasing at least one bitcoin every day during the present market slump. Right now, BTC is trading in the $16K range, and the nation is looking to take advantage of the collapsing price. El Salvador Clearly Still Loves BTC The maneuver is stirring mixed reactions from analysts, some of whom claim it will ensure El Salvador’s digital dominance when the market repairs itself. They...

The American billionaire and prominent TV personality – Mark Cuban – said he wants bitcoin’s price to go down “a lot further” so he could purchase more of it.  He also criticized investments in gold, arguing it is not a “hedge against everything.” Waiting for a Buying Opportunity The billionaire remains a fan of bitcoin, despite the asset’s massive price decline and the uncertainty around the entire crypto industry. In a recent podcast, he vowed to increase his BTC exposure...

« Avant Noël, au lieu de délirer sur le fameux repas de famille qui semble inspirer à certains une terreur franchement suspecte, j’ai parcouru avec beaucoup d’intérêt Ces Rois Mages venus d’Occident, ouvrage très érudit publié tout récemment par Mathieu Beaud et tiré de sa thèse de doctorat datant de 2012. » Article de Jacques Favier à lire sur son blog :...

With the new week starting, bitcoin’s price has remained stuck around $16,800 and is actually at the same place it was seven days ago. The altcoins are also very quiet, with Litecoin emerging as the only notable gainer from the larger-cap ones. Bitcoin Stays Flat Last week began with a price drop of $16,300, which became BTC’s lowest position in about three weeks. However, the asset recovered its lost ground and returned back to $16,800. The following days were quite calm,...

Stellar lumen price is showing bearish signs below the $0.076 resistance zone against the US Dollar. XLM price is now trading below $0.078 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0780 on the 4-hours chart (data feed via Kraken). The pair could start a major decline if there is a clear move below the $0.0725 support. Stellar lumen price is trading below $0.0760 against the US Dollar, similar to...

Ripple price started a fresh decline below the $0.3900 zone against the US dollar. The price is now trading below $0.3700 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $0.3495 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.3600 resistance zone. Ripple price is struggling below $0.370 against the US Dollar, similar to bitcoin. XRP...

Despite the massive bull market in 2020 and 2021, institutions have remained on the crypto sidelines and feel relieved about it. This is what a JPMorgan senior investment strategist argued recently, indicating that the interest in the asset class from such investors is “effectively nonexistent.” The most notable bull run in the cryptocurrency market started at the end of 2020 and lasted for about a year, seeing prices explode to new highs. Bitcoin, for one, went from under...

Legendary investor Bill Miller continues to be bullish on Bitcoin despite the crypto asset being hit by a brutal sell-off this year. The Baltimore investing giant rose to prominence by outperforming the S&P 500 annually from 1991 to 2005. He subsequently served as the chairman and chief investment officer of Miller Value Partners, which had $1.9 billion in assets under management at the end of August 2022. Despite announcing his retirement recently, Bitcoin remains one of...

Citron Research is betting big against cryptocurrencies. In particular, the company is focusing on Ethereum, which it claims is the best digital asset to short at the time of writing. Citron Research Is Pushing Ethereum Crypto has been treated rather unfairly throughout 2022. The year has arguably been the worst for the space, with several digital currency and blockchain firms filing bankruptcy and falling off the Earth’s grid. It’s a sad and ugly sight to see, and one...