Bitcoin (BTC)

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ADA price is trading in a bearish zone below the $0.30 support zone against the US Dollar. The price is now trading above $0.26 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.285 on the 4-hours chart (data feed via Kraken). The price could continue to move down if it stays below the $0.2850 resistance zone. Cardano price is struggling below $0.285 against the US Dollar, similar to bitcoin. ADA price could...

2022 will go down in history as one of the most atrocious and shocking for the cryptocurrency industry, which saw several major implosions, countless bankruptcies, fallouts, and everything in between. Apart from the obvious – the massive price declines of cryptocurrency assets, Forbes estimated that several industry participants have lost their billionaire status, while others’ fortunes were wiped out to $0. From Terra to FTX – Crypto Debacles The macroeconomic factors have...

Glassnode data shows a decrease in the 7-Day MA of bitcoin leaving centralized exchanges with only 986.237 BTC getting withdrawn in the past week or so. The declining outflow could signal that investors have restored some faith in CEXs after the gigantic collapse of FTX. Billions of dollars worth of various digital assets were withdrawn from such exchanges amid FTX’s crash. Decline in Crypto Withdrawals Apart from crashing the entire cryptocurrency market and causing colossal...

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,...