Crypto news

In a remote town in North Carolina, many residents that have spent the last several years there are complaining about noise… Noise they say is on par with a dozen jets flying over their homes. There aren’t any planes or jets. Rather, the noise is coming from a series of crypto mining rigs set up by Prime Block, a mining enterprise based in San Francisco. Mining Noise Is Hurting Residents The noise appears to occur on a regular basis, with many residents saying it goes...

Mike Novogratz – Founder and Chief Executive Officer of Galaxy Digital – thinks cryptocurrencies have been more resilient in the past month because many forced sellers left the industry. In addition, he spoke about Do Kwon and his problems with numerous law authorities. Novogratz hopes the South Korean could cope with the issues, describing him as a highly intelligent individual. Crypto Lacks the Energy of the Equity Market In an interview for Bloomberg, the American...

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With only two days remaining for September, XRP records its best month so far. However, the bearish trend reversal has not yet been confirmed. Technical Analysis By Grizzly The Weekly Chart Last week, XRP reached (and was rejected) to a critical level of $0.56 on the weekly chart. This resistance is combined of the ascending line (in yellow) and the red horizontal resistance. As a side note, it’s not uncommon to see a weekly red candle after multiple green candles. Unless...

The Fed has been in the news quite a bit as of late. At the end of August, the agency stirred controversy when Jerome Powell gave a five-minute speech talking about more rate hikes. Naturally, crypto fans throughout America got extremely worried about what could happen to their assets, which have been falling in price thanks to ongoing rate hikes from the Fed. The Fed May Wind Up Helping BTC However, some analysts now believe that the Fed could potentially contribute to...

[PRESS RELEASE – Please Read Disclaimer] 1xBit, one of the most engaging betting service providers, has recently added a new coin to its platform. We are talking about Polygon, a popular cryptocurrency network launched in 2017. MATIC, the official Polygon coin, will be available as a payment method on the website. This new partnership between 1xBit and Polygon will offer users fresh opportunities and broaden their choices, opening new options for playing and betting. About...

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Bitcoin’s price has yet to break out of the consolidation phase, as the price has been trapped in an extensive range between $24K and $18K over the past few months. Currently, the market is testing the significant support level at $18K as the asset aims for a rebound to the upside. Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price is still consolidating between the significant bearish trendline and the $18K support. The $18K level is currently...

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