Crypto news

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Bitcoin’s price has been oscillating in a very tight range heading into the new year’s holidays, offering little clue on the direction of the next significant move. Nevertheless, the market remains in a very decisive area, and its fate could be revealed in the next few days. Technical Analysis By: Edris The Daily Chart On the daily chart, the price has been grappling with the 50-day moving average around the $16,700 mark for a while now but is yet to break it in any...

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The American business intelligence corporation – MicroStrategy – bought 3,205 BTC between November 1 and December 24. The company sold 704 BTC on December 22, meaning its total holdings currently stand at 132,251 BTC. The largest BTC corporate holder – MicroStrategy – continues following its bitcoin agenda purchasing more amounts of the primary cryptocurrency. It acquired 2,395 BTC for approximately $42.8 million, at an average price of around $17,871 per coin between the...

Two new cases of crypto fraud are in the books. Crypto Fraud Is Getting Too Big The first involved two bad actors. One is Randall V. Rule, age 71, of Reno, Nevada. His partner in crime was Gregory C. Nysewander, age 64, of Irmo, South Carolina. Both have been charged with money laundering conspiracy, money laundering, and conspiracy to violate the Bank Secrecy Act. The pair sought to hide illicitly garnered funds through crypto portals. The U.S. attorney’s office said in...

Things are not looking good for XRP as its price has failed to reclaim a significant resistance level and seems likely to drop lower. The market is currently struggling to remain in a range, and it could initiate the next bearish leg down. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has failed to reach the $0.43 area again, as the bullish rebound is seemingly coming to an end. The 50-day moving average is currently acting as a critical...

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