ADA price failed to surpass the $0.500 resistance and declined against the US Dollar. The price is now trading below $0.480 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.462 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.432 support zone. Cardano price is struggling below $0.48 against the US Dollar, similar to bitcoin. ADA price could...
Read More »Bloomberg’s Mike McGlone Predicts When BTC Will Tap $100K and ETH $6K
Mike McGlone – Senior Commodity Strategist at Bloomberg – argued that the crypto winter might last longer than previous market declines and the reason for it is the “Fed’s sledgehammer.” In the next few years, though, he expects the industry to emerge stronger than ever, with Bitcoin tapping $100,000 and Ethereum trading at $6,000 by 2025. He also touched upon “The Merge,” claiming that the event got “too hyped,” which is now causing short-term pain to investors. He also...
Read More »Rich Dad Poor Dad Author Lists 7 Reasons to Buy Bitcoin
Robert Kiyosaki – author of the famous personal-finance book “Rich Dad Poor Dad” – has come out with another enthusiastic statement in support of cryptocurrency. The author listed 7 reasons why his followers should invest in Bitcoin and precious metals – centered around the United States government’s current financial position. How the U.S. Dollar Dies As reads Kiyosaki’s tweet, the first reason to invest in Bitcoin is that the U.S. “borrows too much money.” According to the...
Read More »Bitcoin is Heading to $14,000: Here’s Why According to DataDash
Nicholas Merten – a veteran cryptocurrency analyst and founder of DataDash – has called for Bitcoin to sink to $14,000 following its plunge below $19,000 over the weekend. The analyst cited both technical and macroeconomic factors, including an indicator that he calls “absolutely damning” for Bitcoin’s price. Deeper Waters for Bitcoin? In a video published on Monday, Merten pointed out that Bitcoin’s 200-week moving average (WMA) has turned into a level of price resistance,...
Read More »Free Will Says All Future Crypto Donations Come with No Fees
Free Will – a philanthropic enterprise that engages in estate planning – says it’s established what it’s calling “Crypto for Charity” to ensure that all future crypto transactions and donations come with no fees. This means anyone that sends crypto to a non-profit on the firm’s roster will not be required to pay any more additional monies other than what they intend to give to the charitable cause. Free Will Makes Crypto Donations More Cost-Effective CEO of Free Will...
Read More »3 Possible Reasons Behind Bitcoin’s Drop to 3-Month Lows: Analysis
On the nervous global backdrop, the much anticipated “Merge” eventually transpired as a sell-the-news type of event. Cryptocurrencies suffered fresh declines in the wee hours of Monday morning. The global market cap fell to $909 billion, with a trading volume of $79.54 billion over the past 24 hours. Major assets such as Bitcoin and Ethereum slid below $19k and $1.3k, respectively, recording double-digit losses in the past day alone. With the palpable nervousness across...
Read More »Report: TRON Crypto Requires a Lot Less Energy
With so many people worried about how much energy is utilized by mainstream cryptocurrencies, it’s strange that more individuals don’t turn their attention to TRON, one of ETH’s biggest competitors. Is TRON the Ultimate Energy Saver? There are many arguments surrounding the amount of energy use in the crypto space. It appears bitcoin mining uses more energy than many developing countries (there have been countless reports published on this issue), for example. People...
Read More »Brian Armstrong on the Future of Coinbase
Brian Armstrong – the CEO of Coinbase – has issued a statement on the current position of bitcoin and crypto in general that’s got quite a few people worried. He said that he cannot predict what’s going to happen in the coming future, and he has also warned that virtually anything could happen. So, what does that mean? Coinbase Has Been Moving Up and Down The state of the crypto market isn’t doing well as of late. Despite a recent bull run in the later weeks of August,...
Read More »Krypto-Casinos oder Echtgeld-Casinos? Die Vor- und Nachteile, die Ihnen bei der Wahl helfen werden
Eine Einführung in den Blockchain-Gaming-Markt Im Moment setzen sich Kryptowährungen immer mehr durch, vor einigen Jahren konnte noch niemand etwas mit diesem Thema anfangen. Vor allem der Bitcoin mit seinem stetig wachsenden Wert hat für grundlegende Veränderung bei den digitalen Währungen gesorgt. Aufgrund der lukrativen Gewinnmöglichkeiten haben sich Krypto-Casinos im heutigen Alltagsleben als eine vielversprechende Option bewährt. Allerdings...
Read More »Human Rights Foundation investiert 325’000 in Bitcoin-Startups
Human Rights Foundation investiert 325'000 in Bitcoin-Startups Die Human Rights Foundation (HRF) hat einen Bitcoin Development Funds zur Unterstützung von Bitcoin-Projekten mit einem Volumen von 325.000 US-Dollar aufgelegt. Zu den geförderten Projekten gehören unter anderem auch Bildungsaktivitäten im Krypto-Bereich. Am 6. September 2022 verkündete die Non-Profit-Organisation HRF im Rahmen einer Pressemitteilung, dass sie gewillt ist,...
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Bitcoin (BTC)
