Crypto news

Bitcoin price started a fresh increase above the $60,000 resistance against the US Dollar. The price is now trading above $62,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $62,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is showing positive signs and it could continue to rise above the $65,000 level. Bitcoin price is gaining pace above $60,000 against the US Dollar. BTC...

One of the leading European economies – France – has reportedly fulfilled its 10-month experiment aiming to test how a central bank digital currency would interact with its debt market. The financial services company Euroclear led the project, in which some of the nation’s largest banks took part. France Pushes for a CBDC Last year, Banque de France – the country’s central bank – collaborated with the Belgian financial services company Euroclear and many of the leading French...

Coinbase is one of the largest cryptocurrency exchanges in the world. There’s no denying that, but sometimes, even the big dogs can be outdone by little pups as Dydx has shown. Dydx Is Looking to Be the Best of the Best Dydx is one of the globe’s newest crypto trading platforms. The company is only about four years old, and yet its daily trading volume is larger than anything Coinbase has experienced in recent days. Based in San Francisco, CA, Dydx recorded a trading...

The popular meme-inspired coin and self-proclaimed DOGE killer, Shiba Inu (SHIB), has continued to gain popularity, recording more than 9% growth in the number of holders within the last two weeks. SHIB Addresses Surpass 738k Amid an impressive price performance since October 2nd, retail demand for SHIB remains at large as the meme coin has managed to accumulate more than 60,000 new holders, representing about 9.11% increase in a little over two weeks. There are currently...

37-year-old Jesse Sullivan is a Republican businessman that’s entering the race for the governorship of Illinois. Right now, the governor’s position is held by J.B. Pritzker, a billionaire and heir to the Hilton hotel fortune. Sullivan Is Making a Run for Governor What makes Sullivan so unique? He established a nonprofit organization that survived primarily thanks to cryptocurrency donations. Sullivan has worked primarily as a venture capitalist prior to entering...

As we all remember, Elon Musk and Tesla shocked the world when back in February, they purchased approximately $1.5 billion worth of bitcoin, the world’s most popular digital currency by market cap. The company was one of the first institutions to add the digital currency to its balance sheet. Today, that $1.5 billion is worth approximately $2.5 billion, meaning Musk and Tesla have grown by about $1 billion in just eight months. Elon Musk Made the Right Choice to Hold...

One of the most successful teams in the history of the NBA – The Los Angeles Lakers – announced an official team sponsorship with Socios.com. Thus, the latter doubled down on its expansion strategy into the US market. The Lakers Joining The Crypto Space According to a recent announcement, the leading global blockchain provider for the sports and entertainment industry – Socios.com – will be the presenting sponsor of the Los Angeles Lakers Facebook Group from the beginning of...

Key Support level: $0.0000240 Key Resistance level: $0.0000300 Shiba Inu has pumped over 20% off the support level at $0.0000240 to the key resistance sitting around $0.0000300. In doing so, SHIB has formed a large descending channel (in blue). If the price fails to break the resistance level in the next day or two, then Shiba Inu’s price is likely to fall again to support before a breakout. Chart by TradingViewTechnical Indicators Volume: The volume continues to be weak....

[PRESS RELEASE – Please Read Disclaimer] The rise of blockchain technology has led to the development of several DeFi projects that make transactions easier. The interesting thing about the technology is it can be deployed in all sectors, whether tourism or entertainment. The DeFi space is continually evolving to meet the ever-changing demand, and with that comes innovative apps designed to cater to these users’ needs. One of such innovative apps is TrustKeys. TrustKeys is...

The moment plenty of people in the cryptocurrency community have been waiting for quite some time is finally here. The ProShares Bitcoin Strategy ETF is live, trading on the New York Stock Exchange. The moment many have been waiting for is here and the ProShares Bitcoin Strategy futures-backed ETF, ticked BITO, is now live and trading on the New York Stock Exchange (NYSE). Data shows that the daily range is between $40.07 as a bottom and $42.1499 as a top, where the ETF...