Crypto news

Tesla’s CEO – Elon Musk – opined that digital assets could reduce the error in the money database. In his view, cryptocurrencies are not ideal, but they are “fundamentally better” than any other financial product. The entrepreneur once again claimed that Bitcoin’s main use case is a store of wealth, while Dogecoin is better suited for payments. Nothing Better Than Crypto so Far During a recent interview with Lex Fridman, one of the most influential individuals in the...

Key Support levels: $26 Key Resistance level: $33 DOT had a fantastic rally last week when the price increased by 40%. However, this week, DOT’s rally ended when the resistance at $33 rejected the price from moving higher. Today, the correction continued, and DOT has fallen under $30. The current support is found at $26. Chart by TradingViewTechnical Indicators Trading Volume: Sustained volume both during the uptrend and the current downtrend. This shows that market...

Press Release: Velas, a Swiss-based tech firm providing one of the fastest and most energy-efficient blockchains in the world, will enter Formula 1 starting next year in a long-term partnership with Ferrari. December 29 2021, Zug, Switzerland – As a powerhouse of innovation and creativity, Velas has revolutionized the world of blockchain by creating a pioneering, energy-efficient platform that operates at unparalleled speed. As Formula 1 enters a new technical era in...

Nach der Swiss Crypto Stamp kommt nun die Swiss Crypto Postkarte Nach der aufregenden Veröffentlichung der Krypto-Briefmarken durch die Schweizerische Post im November, ist SwissNFTs stolz, bekannt zu geben, dass nun auch die passenden Krypto-Postkarten gekauft werden können – denn was ist eine Briefmarke ohne eine Postkarte? Als schweizer Start-up hat SwissNFTs eine wunderbare erste Generation von digitaler Kunst geschaffen. Drei verschiedene...

Bitcoin price started a fresh decline from well above $51,000 against the US Dollar. The price is now trading below $50,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $50,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could decline heavily if there is a clear move below the $47,100 support zone. Bitcoin price is trading below $50,000 against the US Dollar. BTC might...

Global Financial Centres Index Der aktuelle Global Financial Centers Index oder abgekürzt GFCI zeigt: Genf und Zürich fallen weit zurück. Auffallend dabei ist, dass ’neue‘ Finanzzentren wie Boston, Dubai, Amsterdam und Toronto massiv zulegen. Interessanterweise sind gerade dies die Städte, wo Technologien wie Bitcoin und Blockchain stark gefördert werden. Aber erstmal was ist der GFCI? Der Global Financial Centers Index ist ein Ranking der...

The Chinese government has gone out of its way on the crypto crackdown. Despite this, the industry has evolved tremendously and continues to capture the imagination of many. Joe Tsai, who happens to be the executive vice-chairman of the Chinese e-commerce behemoth, Alibaba Group, is the latest to share his feelings on Twitter in three simple words, saying – “I like crypto.” Tsai is Bullish on Crypto Joe Tsai’s latest comment on crypto has created a frenzy in the...

El Salvador in Central America has just purchased a total of 21 additional bitcoins. The country has made a habit of “buying dips” every time bitcoin’s price goes lower and this incident was no exception. El Salvador Adds to Its BTC Stash The country initially made headlines several months ago when it was announced it was working on a bitcoin-based financial agenda that would see the cryptocurrency – number one in the world – become legal tender. This meant it could be...

The rumors of a potential MetaMask governance token airdrop have been going rampant on Crypto Twitter for quite some time now. it appears that scammers are taking full advantage and have managed to lure several hundred users in their schemes. MetaMask is the most popular non-custodial wallet for Ethereum and it played a huge role in the DeFi summer of 2020. Ever since Uniswap airdropped its governance tokens, many decentralized projects are doing the same. Now, users are...

After the price topped at $52K on Monday, Bitcoin had lost over $4000 in just a day. Is BTC entering a deeper correction, or where is the local bottom? Technical Analysis Short-Term Analysis Last week the bitcoin price broke above a mid-term descending trend line on the 4-hour timeframe. After completing a pullback, the price increased again and touched $52k resistance (Monday). However, the market did not have enough momentum to continue the rally (low volume), and the bears...