Bitcoin (BTC)

Litecoin price failed to climb above $115 and corrected lower against the US Dollar. LTC price is now trading below $110 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $100 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $120 pivot level. Litecoin price is struggling below $120 against the US Dollar, similar to bitcoin. LTC price could...

In spite of the bearish condition in the Cryptocurrency space that has forced investors to reduced their digital assets, including Bitcoin, from their portfolios to play safe, Ravendex is pleased to announce the launching of its RAVE NFT, “a 10000 Pixelated Raven Birds Collection with proof of ownership stored on the Cardano Blockchain, as Ravendex team understand that quality remains forever.” The Cardano-based decentralized exchange’s team explains that users can earn...

Lors d’une réunion en visioconférence avec les membres du gouvernement, Vladimir Poutine a souligné les avantages concurrentiels de la Russie en ce qui concerne le minage de cryptomonnaie et a invité la Banque centrale à revoir sa position. « Je voudrais commencer par une question qui est actuellement à l’honneur – la réglementation des cryptomonnaies. Je dirai simplement quelques mots. Je suis au...

Many analysts are working to discover why it is that bitcoin has suddenly taken such a nasty price stumble. The world’s number one digital currency by market cap has fallen below the $40,000 mark after hovering there for the past several weeks, and it looks like it may be because BTC is in line to face some stiff competition from the Federal Reserve. The Federal Reserve Wants to Issue a New Cryptocurrency The Fed has issued a statement explaining that it has been looking...

Bitcoin’s price went turbulent during a press conference following today’s highly anticipated Federal Open Markets Committee (FOMC) meeting. It fell $1000 as Federal Reserve Chairman Jerome Powell restated plans to raise the federal funds rate in March. In his speech preceding the conference, Powell recognized that much of the labor force is unable to report for work, given current circumstances. However, he expects the effects of the Omicron wave to be brief, alongside its...

The Founder of SkyBridge Capital – Anthony Scaramucci – advised investors to cool off on their concerns regarding the most recent plunge in the cryptocurrency market. He believes bitcoin, as well as other digital assets, are the right investment tools for the long-term, and people should not abandon them because of their current price dips. ‘Stay Long’ The last several days were not pleasant for the cryptocurrency industry, as many assets lost a significant chunk of their USD...

The U.S. Congress has completed a meeting in which members discussed how they can make the process of bitcoin mining greener. The situation is a bit of a two-sided coin in that they want to ensure renewable energy is available to this growing industry as they acknowledge it’s not likely to go anywhere soon. Why Is Congress Getting Involved in Crypto Mining? The meeting took place amongst members of the House Energy and Commerce Committee. The U.S. has become a major...

The price of bitcoin has taken another large stumble. So much so that the world’s number one digital currency by market cap has fallen below $40,000. At the time of writing, bitcoin has fallen to a price of roughly $38,000 per unit, and now Huobi – one of the world’s largest and most important crypto exchanges – sees bitcoin experiencing a bear year in 2022. Huobi Predicts a Rough Year for Bitcoin Bitcoin has been falling into oblivion since last November. The currency...

L’ADAN, Association pour le Développement des Actifs Numériques, a publié hier, à l’attention des candidats à l’élection présidentielle, un manifeste assorti de 20 recommandations pour permettre à la France de peser davantage l’industrie européenne des actifs numériques. 1. Identifier explicitement la blockchain et les crypto-actifs comme des technologies d’avenir et définir une stratégie nationale d’accélération pour l’innovation qui y...

During the recent weeks, the cryptocurrency markets have plunged due to fear at the macro-level (risk off). In this analysis, we will take a closer look at the bitcoin price from the Technical, Onchain, and Options Markt standpoints and discuss the possible scenarios in the short and mid-term. Technical Analysis By: Shayan Long-Term Analysis We can observe how the price organically evolves into a larger corrective structure following the first bullish impulse phase. A few...