Crypto news

Ethereum’s price is currently facing crucial resistance, and the current focus is to surpass it. A successful breakout from this level could potentially result in bullish momentum in the near term. Technical Analysis By Shayan The Daily Chart Ethereum’s price has been forming a descending flag price pattern over the last few months. After recently touching the lower trendline, it has initiated a small rally with extremely low momentum. The price is now consolidating around...

Bitcoin’s price is approaching a key resistance area as the markets are patiently waiting for the CPI release next week. Both the chart and the high probability of another decline showing in the inflation readings are suggesting that a turning point for Bitcoin may be near. Technical Analysis By: Edris The Daily Chart On the daily chart, the price is still trapped in a large descending channel and has yet to break it to either side. This pattern is typically an early sign of...

Amber Group reportedly raised just half of its $100 million funding round and halted its global expansion efforts due to the ongoing bear market. The company recently laid off a portion of its staff after previously admitting it has been an “active trading participant” on the bankrupt crypto exchange FTX. Change of Plans Amber Group raised hopes at the beginning of 2022 that it will manage to boost its valuation nearly three times, reaching $10 billion. The shaken condition...

Despite the recent crash of the crypto space, despite everything bitcoin has cost him, Michael Saylor – the former head executive of MicroStrategy, a one-time software giant that has since transformed into one of the biggest bitcoin bulls out there – says bitcoin is going to be a winning asset in the end. Michael Saylor Will Never Give Up on BTC In a recent interview, he commented: Speaking for all bitcoiners, we feel we’re trapped in a dysfunctional relationship with crypto and we want...

Huobi Research, an affiliate of Huobi Global, estimated in its Global Crypto Annual 2022-2023 Report that the prices of bitcoin and ether will start surging after the first quarter of 2023. Until then, they might find a bottom at $15,000 and $1,000, respectively. The company touched upon the FTX’s meltdown, describing it as “one of the catastrophes in the financial world.” Other incidents in the world of crypto so far this year include Terra’s collapse and the bankruptcy of...

Ahmad Abu Daher is only 22 years old, yet he’s already making a handsome living as a bitcoin miner in his home country of Lebanon. Ahmad Abu Daher Is Doing Well as a Miner Daher runs a whole team and has been doing so ever since he graduated from university. He entered a world that was wrought with financial ruin, as Lebanon is currently dealing with the full collapse of its financial system and hyperinflation. He says he and his fellow miners work around the clock to constantly be adding...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Litecoin. Ethereum (ETH) In the past week, Ethereum consolidated its price above the key support at $1,240 by moving sideways, which did not allow it to diverge much compared to seven days ago. However, this price action made a higher low which could be interpreted as bullish. If buyers return to ETH, the next key resistance is found at $1,365, where it is likely to face a more significant...

NEO X it’s the first one Super App which integrates into an all-in-one solution, fintech and crypto services, and hundreds of commonly used apps for online shopping and communication. [embedded content] NEO X The Super App Shift: How consumers want save, shop and spend in the connected economy, My NEO Group look at how consumer demand for streamlined payment experiences has created widespread interest in a super app to manage the complexity of modern life. A broad range of recent...

Bitcoin cash gained pace above the $105 and $108 resistance levels against the US Dollar. The price is now trading above the $110 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $110 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $112 and $114 to continue higher in the near term. Bitcoin cash price is climbing above $110 against the US Dollar, similar to bitcoin. BCH/USD could...

On December 8, Binance, the world’s largest cryptocurrency exchange, announced its partnership with Master Class, an online education platform, to launch a course on cryptocurrencies and blockchain for the “crypto-curious” audience. The class will be led by Binance’s CEO and founder, Changpeng Zhao (CZ), and is a joint effort between both entities to build a better ecosystem —and prevent new users from losing their money. The master class, called “Crypto and the Blockchain,”...