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Bitcoin (BTC)

Fidelity to Offer Bitcoin and Ethereum Trading to Retail Investors

Investment giant Fidelity appears to finally be granting its retail investors access to Bitcoin and Ethereum trading.  The $4.5 trillion asset manager has established an early access waitlist for users to trade both assets, bringing potential crypto access to 34 million investors. The service, titled Fidelity Crypto, will also provide investors with beginner-friendly educational resources about the crypto industry. Users will be able to trade stocks within the same app....

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Recent Rally: Bull Trap or Start of a Bull Wave for BTC? (Bitcoin Price Analysis)

Bitcoin’s short-term price action is still hanging in the balance, as it is currently consolidating in a key area. The next few days could determine whether the recent rally was really the beginning of a new bull market or just another bull trap. Technical Analysis By: Edris The Daily Chart On the daily timeframe, after breaking above the long-term bearish trendline and retesting both the trendline and $18K, the price has been trapped between two significant dynamic levels;...

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Welcome to Satoshi Island, a Region That Runs Fully on Blockchain

Denys Troyak is a native of Sydney, Australia that has a new crypto project in mind he’s calling Satoshi Island. Satoshi Island Is a Fully Crypto-Run Area The project involves creating a small city that is purely reliant on bitcoin and other digital currencies to thrive. The city will be built atop a remote (and overgrown) pacific island and will be largely private, meaning anyone who wants to get involved will likely enjoy full anonymity. Troyak got the idea because...

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How Manu and Women Like Her Are Dominating Crypto

Manu is a 32-year-old woman in the region of Panchkula that’s serving as a testament to how women can get ahead in the crypto space. Manu Has Become an Active Trader As a person from a small town, Manu, in many ways, is your typical woman. She is often seen cooking, doing daily chores, and taking care of her child. However, there is something unique about her in that after all this is done for the day, she gets on her laptop and enters the world of crypto trading. Her...

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EOS Price Analysis: More Gains Likely Above $1.20

EOS price rallied and was able to clear the $1.12 resistance against the US Dollar. The price is now trading above $1.12 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.122 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.18 and $1.20 resistance levels. EOS price is rising above $1.12 against the US Dollar, similar to bitcoin. The price...

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Litecoin (LTC) Price Analysis: Bulls In Control Above $60

Litecoin started a strong increase above $55 against the US Dollar. LTC price is now trading above $55 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance at $56.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $65 resistance zone. Litecoin price is rising steadily above $60 against the US Dollar, similar to bitcoin. LTC price could...

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MoneyGram to Enable US Customers to Trade and Store Bitcoin and Ether

Money transfer services giant MoneyGram will now allow customers to trade and hold some major cryptocurrencies using the company’s mobile app. The move marks an expansion to MoneyGram’s native crypto support as it previously enabled users to buy and withdraw Bitcoin in the United States. According to a press release on Tuesday (November 1, 2022). MoneyGram introduced a new feature that will allow customers to buy, sell, and store Bitcoin, Ether, and Litecoin. The company...

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Bitcoin Miner Iris Energy On Verge of $103 Million Loan Default

Yet another major North American Bitcoin miner is looking ill-prepared to pay off its debts before the end of the year.  This time it’s Iris Energy – a sustainability-focused miner that recently revealed its monthly profits to be well under its interest payment obligations.  Iris Energy’s Mining Margins The British Columbia-based firm published an update on Tuesday concerning its financing arrangements with NYDIG, an institutional Bitcoin broker that provided Iris with...

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