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Bitcoin Price Analysis: Did BTC Just Lose Major Key Support Before Further Plunge?

After a volatile day with some hope for the bulls, bitcoin remains in the red territory following a minor 1.5% price decrease today as the cryptocurrency battles for the critical support level at the 50-day moving average line. The latter now lies exactly where today’s highest trading price of $56,850 (Bitstamp) was. Quick recap: BTC price had experienced a sharp 14% collapse on Sunday, causing it to drop into support near $51,440 (.618 Fib), losing $9k in a matter of hours...

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Bitcoin Price Analysis: BTC is Facing Uphill Task Near $58K

Bitcoin price started a sharp decline and it tested the $51,250 zone against the US Dollar. The price is now trading well below $58,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $58,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh rally if it breaks the $58,000 and $58,200 resistance levels. Bitcoin price declined sharply from well above $60,000 against...

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IBM is Working to Turn Patents Into NFTs With the Help of a “Patent Troll”

IBM does not want to give up when it comes to the application of Distributed Ledger Technologies for corporate purposes, and although its blockchain division did not live up to the expectations, this time, they are hoping to achieve success through the application of business use cases for NFTs. According to a Press Release shared on April 20, IBM is teaming up with patent marketplace provider IPWe to tokenize patents in the form of NFTs and put them on a marketplace that...

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Brian Armstrong: Crypto Regulation Is a Big Problem

Brian Armstrong – the CEO of Coinbase, one of the world’s largest and most popular cryptocurrency exchanges – has been having one heck of a week. The trading platform made its stock debut on the Nasdaq a few days ago, and things appear to really be taking off. Brian Armstrong: No Hacks, No Regulation Coinbase saw its stock trading for well over $300 per share. Given that the company is likely valued at more than $100 billion at this stage, this is small beans compared...

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Dogecoin Has Been Putting Rivals Like BTC to Shame

Bitcoin and its primary rival Ethereum have been spiking like crazy, but in truth, their price jumps can barely hold a candle to those of Dogecoin. Dogecoin Is On the Rise The currency has been something of an enigma over the past few years and has also seen its fair share of controversy. What is it designed for and who should be using it? These are only some of the many questions that both analysts and traders are likely asking themselves, and it is quite clear that...

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Ethereum Whales at an All-Time High as ETH Explodes Against Bitcoin

While some traders have panic-sold during the recent market-wide crash, Ethereum whales have continued accumulating massive chunks. As a result, the number of large ETH holders has surged to a new all-time high. Meanwhile, ETH is also charting serious intraday gains against BTC. ETH Whales Keep On Buying The second-largest cryptocurrency entered the new year at just over $700. Whether it was the massive usage of the Ethereum blockchain in DeFi and NFT, the impressive bull run...

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Will The Real Slim Shady Get an NFT? Eminem Curious About an NFT-Related Video on SNL

NFTs are undoubtedly one of the hottest trends in the cryptocurrency industry and have expanded to sportspeople, artists, and musicians. In fact, musicians were among the first to interact with non-fungible tokens and, according to a recent mysterious tweet, Eminem could be next in line. Is Eminem Looking to Get on the NFT Wagon? What do The Undertaker, Tom Brady, Pelé, Justin Sun, Lindsay Lohan, the Winklevoss twins, Logan Paul, Paolo Maldini, and William Shatner, among...

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Jim Cramer Pays Off His House with Help from BTC

Jim Cramer – legendary investor and host of “Mad Money” – has become a sudden bitcoin advocate, and claims he paid off his house using the asset. Jim Cramer Is Now a BTC Fan In the past, Cramer claims to have purchased quite a bit of the world’s number one digital currency when it was priced at around $12,000 per unit. Since then, he claims to have sold a large stake and raked in some heavy profit. He has used some of the funds to pay off his home, thereby clarifying...

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Kreditkarten dank Bitrefill überflüssig – Der geniale Service von Bitcoin

Wenn der Bitcoin als Zahlungsmittel nicht akzeptiert wird, stellt dies gegenüber der Vergangenheit kein Problem mehr da. Bitrefill bietet die Nutzung von Kryptowährungen mit einer Vielzahl an Möglichkeit (*) auf einfache Art und unter Wahrung der Privatsphäre auf der ganzen Welt an. Weltweit mit Bitrefill bezahlen Nutzer von Bitcoin, welche auf der Suche nach einer Möglichkeit sind, die digitale Währung auf einfache Weise einzusetzen, können dies mit Bitrefill unkompliziert...

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Binance US Appoints Former OCC Head Brian Brooks as CEO

Brian Brooks, the acting head of the Office of the Comptroller of the Currency (OCC) under Donald Trump’s administration, noted in a Wall Street Journal report today that he would be working as Binance US CEO on May 1, 2021.  Brooks’ Career at the OCC During his tenure as acting head at the OCC, Brooks was friendly toward cryptocurrencies despite Trump’s public dislike for the asset class, especially Bitcoin.  The regulator’s support for crypto assets earned him the title...

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