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Bitcoin Price Soared Above $55K, Highest Since May 2021

In a massive green candle, Bitcoin’s price managed to increase to as much as $55,555 on Binance, reaching a price that we haven’t seen since May this year. Bitcoin is up by a whopping 10% in the past 24 hours, and a lot of it came in the past 60 minutes. Chart by Binance As seen in the above chart, the price reached an intraday high of $55,555 on Binance’s spot exchange before retracing to where it’s currently trading at around $54,000. This was the highest BTC price that we...

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Paysafe’s Neteller and Skrill Add Solana (SOL) Trading

Two of the largest digital wallet providers, namely Skrill and Neteller, will enable their millions of customers to buy and sell Solana’s native token – SOL. This addition comes amid the blockchain project’s rapid rise in terms of adoption and SOL’s price surge as of late. SOL on Skrill and Neteller Aside from allowing customers to interact with SOL, the announcement shared with CryptoPotato explained that both companies will provide direct fiat purchases due to the crypto...

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Tron (TRX) Price Analysis: Breakout Zone Near $0.1020

Tron price is forming a base above the $0.0850 zone against the US Dollar. TRX price is now trading above $0.0900 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0900 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1020 resistance. TRON price remained well bid above $0.0850 against the US Dollar, similar to bitcoin. TRX price is...

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Bitcoin Price Analysis: BTC Gains Pace Above $50K

Bitcoin price started a fresh increase above the $45,000 resistance against the US Dollar. The price is now trading above $50,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $43,100 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 $52,000 level. Bitcoin price is gaining pace above $50,000 against the US...

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Citadel Would Provide Crypto Services if There Is Regulatory Clarity, Says Founder

Ken Griffin – Founder and Chief Executive Officer at the multinational hedge fund Citadel LLC – stated that his organization will start offering cryptocurrency trading services only if there is “regulatory clarity.” However, he is not keen on the asset class, opining that it threatens the strength of the American dollar. Citadel Can Jump on The Crypto Bandwagon During a recent interview, billionaire Ken Griffin pointed out the necessity of imposing a regulatory framework on...

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IMF: Regulation Is the Only Thing That Can Save Crypto

According to the International Monetary Fund (IMF), crypto traders need to accept the idea of stronger regulation if they are ever going to be safe from hackers and other illicit players. The IMF Says Regulation Needs to Happen There have been several arguments as of late claiming that the bitcoin space is prone to criminal activity from those who would like to launder money, fund terrorist organizations, and commit themselves to illicit projects. In addition, the crypto...

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Bitcoin Enters Bullish Territory, Gains $5,000

Here’s some good news, folks. Bitcoin has shot up by more than ten percent at press time! The world’s number one digital currency is now trading for just shy of $48,000, the highest it’s been in weeks. Bitcoin Is Really Starting to Move Up The currency has had a rock-and-roll run throughout 2020 and 2021 both. In 2020, the currency fell briefly below the $4,000 per unit line. This was just as the coronavirus pandemic began permeating global economies everywhere. During...

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Crypto Exchanges Are Beginning to Open Physical Branches, and the Idea Is Brilliant

Crypto exchanges, up to this point, have largely been online. While prior to the COVID pandemic many had customer service teams you could call and speak to on the phone or through email, it seems as of late that it’s very difficult to get assistance from anyone, as many of these firms have ultimately done away with their call centers, and customers have complained left and right about how hard it is to get answers from an actual person. You Can Now Visit Certain Crypto...

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Analyst Daniel Joe is Very Bullish on Bitcoin: But Here’s The Only Thing Can Change His Mind (Podcast)

Bitcoin’s price over the past couple of weeks has been on an absolute roller coaster, leaving many to wonder whether we’re still in a bull market, what’s going to happen next, and how to properly position themselves for the last quarter of the year. Amid these turbulent times, we sit down with prominent on-chain analyst Daniel Joe. We talk about the current state of the market, whether or not we can expect Bitcoin to hit $100K anytime soon, as well as some useful advice for...

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Cardano Price Analysis: ADA Struggles to Close Above a Critical Resistance Level

ADA/USD – Bulls Struggle To Make Ground Above 20-day MA Key Support Levels: $2.20, $2.00, $1.95.Key Resistance Levels: $2.22, $2.36, $2.50. ADA rebounded from the support at $2 (.618 Fib) on Friday and broke above the September descending trend line. Although it did spike above the 20-day MA to reach as high as $2.36 (bearish .382 Fib), it could never close above that level. Over the weekend, ADA continued to trade beneath the 20-day MA as it failed to establish any...

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