Crypto news

The U.S. Congress has completed a meeting in which members discussed how they can make the process of bitcoin mining greener. The situation is a bit of a two-sided coin in that they want to ensure renewable energy is available to this growing industry as they acknowledge it’s not likely to go anywhere soon. Why Is Congress Getting Involved in Crypto Mining? The meeting took place amongst members of the House Energy and Commerce Committee. The U.S. has become a major...

The price of bitcoin has taken another large stumble. So much so that the world’s number one digital currency by market cap has fallen below $40,000. At the time of writing, bitcoin has fallen to a price of roughly $38,000 per unit, and now Huobi – one of the world’s largest and most important crypto exchanges – sees bitcoin experiencing a bear year in 2022. Huobi Predicts a Rough Year for Bitcoin Bitcoin has been falling into oblivion since last November. The currency...

During the recent weeks, the cryptocurrency markets have plunged due to fear at the macro-level (risk off). In this analysis, we will take a closer look at the bitcoin price from the Technical, Onchain, and Options Markt standpoints and discuss the possible scenarios in the short and mid-term. Technical Analysis By: Shayan Long-Term Analysis We can observe how the price organically evolves into a larger corrective structure following the first bullish impulse phase. A few...

Arthur Hayes – co-founder of BitMEX – just gave an interesting Bitcoin price forecast in his bi-weekly analysis. Despite his expectations that the Federal Reserve won’t raise interest rates, he still doubts Bitcoin’s bottom will arrive until a $28,500 retest. Calling the Fed’s Bluff In BitMEX’s latest post from Crypto Trader Digest titled “Bottomless,” the former CEO extols cryptocurrencies as the “last free market on earth”. He explained that due to “wanton” money printing,...

A research team of the American investment management firm ARK Invest envisioned a highly optimistic future for bitcoin. According to them, the price of a single coin could surpass $1,000,000, and the asset’s market capitalization might reach $28.5 trillion by 2030. Bitcoin to Peak at Over $1 Million The Nasdaq-listed company ARK Invest, led by Catherine Wood, has been an advocate of the cryptocurrency industry for a while, especially bitcoin. In July last year, the...

Key Support level: $0.000018 Key Resistance level: $0.000023 SHIB’s misfortunes started in October 2021, and ever since then, the price has been in an uninterrupted downtrend. Every time there was a hope of a reversal, the bears returned stronger. This past Saturday, SHIB made a new lower low and found support at $0.000018. The resistance is now found at $0.000023, and bulls are trying to challenge it again after an earlier failure to move SHIB’s price above it. Chart by...

[PRESS RELEASE – Tallinn, Estonia, 26th January 2022] MyCointainer, a platform for easy yield staking, announced it has raised $6 million in a Seed Round. The event was led by Maple Block and co-led by Shima Capital & ByBit – one of the dominant cryptocurrency exchanges worldwide. Numerous high-profile angel investors also participated in the round. Among them are entities with rich portfolios comprising some of the most renowned industry brands like CoinList, Circle, and...

[PRESS RELEASE – HongKong, China, 24th January, 2022] MetaVisa, a Web3.0 middleware protocol, officially announced that it has reached an agreement with one of the largest digital asset trading platforms, BitMart. According to the partnership, MetaVisa native token, $MESA, will be listed on BitMart Shooting Star – 24h Flash Sale. On January 26th 8:00 AM (EST), BitMart, a premier global digital asset trading platform, will launch “MESA Token Sale”. BitMart users will be able...

Tron price started a fresh decline from the $0.0720 resistance against the US Dollar. TRX price is now trading below $0.0620 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0572 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move down if it stays below the $0.0620 pivot level. TRON price started a fresh decline below $0.0720 against the US Dollar, similar to bitcoin. TRX price...

INTERNET CITY, DUBAI, Jan. 25, 2022 – LBank Exchange, a global digital asset trading platform, will list Pollchain (POLL) on January 27, 2022. For all users of LBank Exchange, the POLL/USDT trading pair will be officially available for trading at 17:00 (UTC+8) on January 27, 2022. From small choices like what to eat to big decisions like finding a job or making an investment, countless choices and decisions need to be made in everyday life, and sometimes they can be...