Crypto news

Ethereum’s price appears to have entered a short-term correction phase as the cryptocurrency was recently rejected from a vital resistance zone and plummeted. Nevertheless, two crucial support levels are ahead, which might end the current decline. Technical Analysis By Shayan The Daily Chart The price has recently rallied and exited a multi-month symmetrical triangle pattern. However, the momentum has weakened. Following this decline, Ethereum is now facing the triangle’s...

African victims are speaking up about FTX after a variety of promotional schemes lured them into putting their money into the now-defunct industry giant.  One such deal was an ambassador program promising 40% commissions to members who invited their friends to join the exchange.  Africans Speak Out FTX Africa promoted its ambassador program in early August – roughly 3 months before the exchange froze user withdrawals and filed for bankruptcy, due to a multi-billion dollar...

Ripple’s price has been trapped inside a static range between $0.42 and $0.31 and is struggling to break ou. A consolidation stage within this range could be imminent as the cryptocurrency was recently rejected from a vital resistance level. Technical Analysis By Shayan The Weekly Chart Since 2021, Ripple has been declining, forming a falling wedge pattern on the weekly timeframe. Recently, the price experienced a slight plummet after being rejected from the wedge’s upper...

The President of the United States – Joe Biden – will reportedly appoint Lael Brainard (Vice Chair of the Federal Reserve) as his top economic adviser.  The latter is a critic of cryptocurrencies, arguing they could undermine America’s financial stability. On the other hand, she is a proponent of a digital dollar that would be highly centralized and monitored by the authorities. Anti-Crypto Position According to a Bloomberg coverage, President Biden will soon name Lael...

Bitcoin evangelist Max Keiser sees big things happening for the crypto space, especially bitcoin. He recently emerged to claim that the world’s number one digital asset will reach a price of $220K at some point in the not-so-distant future. Max Keiser Predicts Big Things for BTC While he didn’t give a specific date, Keiser – who is also a trader and podcaster – is echoing sentiment from analysts and bitcoin bulls such as Tim Draper, a venture capitalist who recently...

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The bitcoin price has recently topped $23,000, hitting its highest number in about six months, but while things are looking good for crypto, not everyone is happy. According to figures like former chief executive of BitMEX Arthur Hayes, a global crash is coming that could wipe out BTC and all its altcoin cousins. Arthur Hayes Is Predicting Gloom and Doom for BTC Some investors and analysts are reigning in the positivity. Marcus Sotiriou – market analyst at digital asset...

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