Crypto news

ADA price seems to be forming a support base above the $0.34 level against the US Dollar. The price is now trading above $0.332 and the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $0.350 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it clears the $0.370 and $0.380 levels. Cardano price is showing positive signs above $0.340 against the US Dollar, similar to...

Ethereum price is gaining pace above the $1,500 level against the US Dollar. ETH price is now trading above $1,450 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,540 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,600 resistance zone. Ethereum price is rising above the $1,450 level against the US Dollar. ETH/USD could rise further if it clears the $1,600...

While crypto prices rallied last week, the public learned House Republicans are forming a cryptocurrency subcommittee. The announcement may spell the beginning of the end of U.S. regulatory ambiguity on blockchain and digital assets. “Strange, isn’t it? Each man’s life touches so many other lives. And when he isn’t around, he leaves an awful hole, doesn’t he?” — Clarence, “It’s A Wonderful Life” (1946 Christmas drama about a banking panic). Addressing a Big Hole Rep. Patrick...

Bitcoin Core developer Luke Dashjr is having doubts about the safety of Bitcoin’s existing storage solutions after his personal wallet was drained of over $4 million in coins last month. The programmer suggested that his practice for storing his coins was well in excess of “standard practices,” and yet he was still successfully robbed.  Is Bitcoin Safe? On Monday, Dashjr responded to a fellow Bitcoiner on Twitter who asked how others would spend their money if they woke up...

The Bitcoin Fear and Greed Index – a metric that determines the community’s general sentiment on the primary cryptocurrency – spiked to a state of “Neutral” for the first time in nearly nine months. The increase comes as a result of BTC’s positive start in 2023. At Last, out of the ‘Fear’ Zone The Bitcoin Fear and Greed Index tracks multiple segments, including price volatility, social media comments, surveys, and others, to display the momentary investor sentiment toward the...

Almost sixty years after MLK gave the speech, crypto embodies Dr. King’s dream. It makes a dream much like his substantial and available to us in code and computer network design. How Bitcoin Currency Is About The Same Dream As MLK “I was a drum major for justice, peace, and righteousness.” -MLK Bitcoin is a technology united around equal and open access to financial opportunity and infrastructure. Crypto is designed to make prejudice irrelevant and discrimination impossible...

Despite several bullish predictions for 2023, Brian Armstrong – the CEO of Coinbase – believes it will be some time before the crypto space relieves itself of the drama caused by FTX, and he doesn’t think 2023 will offer the improvement over 2022 that so many analysts are either predicting or hoping for. Brian Armstrong Doesn’t Think 2023 Will Offer Much Improvement FTX will likely go down as one of the biggest blunders of the crypto world. Once considered one of the...

Ethereum is the largest smart contract platform in the industry, and it underwent a major shift by transitioning to a new consensus algorithm in 2022. What is commonly referred to as The Merge saw the network abandon Proof of Work and transition to Proof of Stake in pursuit of fulfilling its broader roadmap towards scalability, decentralization, and security. Quick Navigation With the introduction of Proof of Stake on the Beacon chain a while back, users were able to deposit...

The scandal around the cryptocurrency lending platform Nexo has triggered a massive verbal fight between the leading political parties in Bulgaria. GERB (the party that ruled between 2009 and 2021) alleged Democratic Bulgaria and We Continue the Change of having close ties with the distressed entity and even receiving significant donations from it. On the contrary, numerous MPs claimed that members of GERB have intentionally launched such attacks against their rivals to...

Bitcoin’s price has gained significant bullish momentum and recovered from the drop caused by the FTX fallout. Yet, it has reached a robust resistance, and if the bulls push the price above it, a mid-term uptrend will become possible. Technical Analysis By Shayan The Daily Chart Bitcoin’s price continued its rally after overtaking the 50 and 100-day moving averages. It has also surpassed the wedge’s upper trendline reaching a decisive resistance level with considerable...