Tron price started a fresh decline from the $0.0934 resistance against the US Dollar. TRX price is now trading below $0.0850 and near the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0820 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.0820 resistance. TRON price started a recovery wave from $0.0750 against the US Dollar, similar to...
Read More »Bitcoin Price Analysis: BTC Could Rally If It Clears $50k
Bitcoin price started a decent recovery from the $45,500 zone against the US Dollar. The price is now trading above $48,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $48,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could accelerate higher if it clears the $50,000 resistance zone. Bitcoin price is rising above $48,000 against the US Dollar. BTC might continue to...
Read More »Stronghold Digital Mining Buys 9,090 Bitcoin Mining Rigs
Stronghold Digital Mining purchased over 9000 BTC mining rigs, which will allow it to add roughly 826 petahashes per second (PH/s) to its power generation facilities. The Pennsylvania-based company bought 9080 Bitmain and MicroBT mining rigs, as per an SEC filing on Monday. The announcement is part of Stronghold’s Q3 earnings release on Nov. 30, 2021, which denotes that the company has signed four separate deals for the mining rigs. The first 4,800 mining rigs are expected to...
Read More »Bakkt Holdings to Provide Cryptocurrency Services to Manasquan Bank Clients
New Jersey-based Manasquan Bank will participate in Bakkt Holdings’ early adopter program. When effective, it will enable customers of the financial institution to buy, sell, and hold cryptocurrencies. Bakkt Inks Another Partnership According to a recent press release, Bakkt’s project is anticipated to launch in Q2 2022. Initially, the platform will provide an entry point to adopt cryptocurrencies only to retail clients of Manasquan Bank. When the early adopter program gets...
Read More »Bitcoin Mining Is Somehow Continuing in China
China made headlines this year when it decided to end all bitcoin and crypto mining projects within its borders. However, while many of the miners in the country decided to leave or call it quits, there are many others that felt they should stick around and carry out their mining projects in secret. They’re now running an underground mining ecosystem, and they’re hoping every day that the authorities don’t find out about what they’re doing. China Has Ended Crypto Mining,...
Read More »A Multi-Million Dollar Piece of Real Estate Just Sold for Crypto
Who would have ever thought that blockchain and real estate could make such a fantastic couple? Real Estate and Crypto Are Becoming Serious Partners There are many instances of real estate being recorded to the blockchain, but it’s quite rare when someone purchases a piece of real estate with cryptocurrency. However, these instances do occur, such as a recent transaction in the city of Miami, Florida. Someone recently purchased a $22.5 million Miami Beach condo with...
Read More »Onchain Data Suggests BTC Might Turn Bullish Soon (Bitcoin Price Analysis)
Bitcoin volatility continues. After dipping below $46K on Monday, BTC was able to recover sharply, marking Tuesday’s high above $49.3K as of writing these lines. Looking at the following chart, the middle line in the Bollinger Band might act as a support level for the ascending trends, and at the same time, it acts also as a resistance for the descending trends. After the bearish divergence was confirmed – as shown in the chart below – bitcoin’s price dropped from its ATH...
Read More »The Canadian Company That Bought $1.5M SHIB Now Vows to Sue Shiba Inu Team
The healthcare services firm “Ask the Doctor” recently added 31 billion Shiba Inu (SHIB) tokens to its balance sheet. However, the company’s support towards the memecoin did not last much. The fact that Shiba Inu’s founders have not revealed their real identities shows that the project is a scam, “Ask the Doctor” claimed. The latter even vowed to take it a step further and go to court. From Approval to Denial Until today, the Toronto-based telehealth company – “Ask the...
Read More »BitMEX Airdrop 1. Februar 2022
Man kann viel über die Bitcoin-Börsen erzählen. Aber eines ist gewiss: Die hauseigenen Token, welche die Exchanges herausgaben, haben fast allesamt besser abgeschnitten als Bitcoin selber. Oder mit anderen Worten, wer an Börsen wie KuCoin, Bitpanda und Binance glaubte, konnte doch gutes Geld mit deren Token verdienen. Und jetzt wird es ganz spannend: Am 1. Februar 2022 emittiert nun mit BitMEX eine der bekanntesten Bitcoin-Börsen einen eigenen Token. BitMEX Token sind in einem Airdrop gratis...
Read More »Eswar Prasad Is No Bitcoin Fan
Bitcoin has come a long way in a relatively short period, but for some, the world’s number one digital currency by market cap has no place in the future of finance. They are convinced the currency will not last much longer. That’s a direct quote from Eswar Prasad, the senior professor of international trade policy at Cornell University. Eswar Prasad Thinks Bitcoin Doesn’t Have Much Going for It Bitcoin first emerged through a whitepaper that was published in the year...
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