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Benjamin Cowen: Bitcoin Is Going to Experience Further Dips

Crypto analyst Benjamin Cowen explained in a recent online statement that the price of bitcoin could wind up taking an even harder fall next month. Benjamin Cowen Predicts Rough Things for BTC Bitcoin has been experiencing somewhat bearish trends as of late. While the currency has shot up by a few thousand dollars since the beginning of February, the asset is nowhere near the all-time high it achieved last November. During that month, the world’s number one digital...

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Kevin O’Leary: BTC Is Nothing Without Institutions

Kevin O’Leary – the legendary investor of “Shark Tank” fame – is telling traders that they shouldn’t get their hopes up on bitcoin unless more institutions feel comfortable enough with the asset. Kevin O’Leary Thinks Institutions Make All the Difference The argument surrounding bitcoin’s abilities are typically centered on institutions. Over the past few years, companies like software giant MicroStrategy and payment processing firm Square have invested billions of...

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Following Russia’s Invasion: Ukraine Suspends The Use of Electronic Money

Putin’s “special military operation” caused major financial uncertainty in Ukraine. To bring more clarity to the situation, the National Bank of Ukraine informed that local monetary institutions will suspend the issuance and distribution of electronic money. Ukraine’s Central Bank Introduces Its Policies It is safe to say that Russia’s military operation in Ukraine is the top news today (February 24). As Russian troops are heading towards the biggest cities of their neighbor,...

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Someone Paid $500K in ETH Fees to Mint 950 Tubby Cat NFTs

Yesterday saw one of the most highly-anticipated collections of non-fungible tokens go through its public sale. As expected, the event was heavily populated by bots, and one of them managed to mint 950 tubby cats, spending 200 ETH in gas in the process. Explaining Tubby Cats Tubby Cats is a collection of 20,000 unique non-fungible tokens (NFTs) that went through its whitelist and public mint over the course of this week. In a bid to incentivize decentralized ownership of the...

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Cardano Price Analysis: ADA Crashes 15% in a Day, Here’s the Next Support

Key Support levels: $0.68 Key Resistance levels: $0.85 ADA’s price lost the key support at $0.85 and is falling quickly. The level has now turned into resistance, and the cryptocurrency may fall all the way to $0.68 where buyers may attempt a reversal. The outlook is bearish and ADA is approaching oversold conditions. Chart by TradingViewTechnical Indicators Trading Volume: The large selling volume today has pushed the price much lower. An increasing volume during a decline...

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Again in 2022: Mid and Small-Cap Altcoins Crashing Against Bitcoin

The past couple of months have been challenging in the cryptocurrency market as many coins, including Bitcoin, lost substantial chunks of their dollar value. While the primary cryptocurrency is down about 50% since its November all-time high, many altcoins are crashing harder. This became even more pronounced in the context of the tensions between Ukraine and Russia, which ultimately resulted in a war between both countries. Altcoins Crash, BTC Dominance on the Rise Bitcoin’s...

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Situation in der Ukraine schickt Bitcoin Kurs in den Keller

Über Nacht ging es weitere 10 Prozent runter für den Bitcoin Preis. Der gesamte Markt gab deutlich nach, nachdem es in der Ukraine zu einer weiteren Verschärfung der Situation kam. Viele Altcoins verloren sogar im Vergleich zum BTC zusätzlich. Bitcoin News: Situation in der Ukraine schickt Bitcoin Kurs in den KellerAls „Nosedive“ wurde die Kursentwicklung des Bitcoin in den vergangenen 24 Stunden in den Crypto-Medien bezeichnet. Und der Kurs landete tatsächlich auf der Nase. Der Trend der...

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EOS Price Analysis: Bearish Below $2, Bears In Control

EOS price started a fresh decline from well above the $2.50 zone against the US Dollar. The price is now trading below $2.20 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.12 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend decline if it settles below the $2.00 support zone. EOS price is showing bearish signs below $2.20 against the US Dollar, similar to bitcoin. The...

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LBank Exchange Will List Super Whale DAO (SWDAO) on February 24, 2022

INTERNET CITY, DUBAI, Feb. 22, 2022 – LBank Exchange, a global digital asset trading platform, will list Super Whale DAO (SWDAO) on February 24, 2022. For all users of LBank Exchange, the SWDAO/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on February 24, 2022. A story is usually told by the writer, but with the power of blockchain, now it’s possible for a story to be told by a community. As the world first community-driven/blockchain...

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Litecoin (LTC) Price Analysis: Risk of Sharp Losses Below $100

Litecoin failed to clear the $120 resistance and started a fresh decline against the US Dollar. LTC price is now trading below $105 and the 55 simple moving average (4-hours). There is a major bearish trend line with resistance near $104 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to decline if there is a close below the $100 level. Litecoin price is struggling below $105 against the US Dollar, similar to bitcoin. LTC price...

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