ETH/USD – Ether Breaks Above Short Term Triangle Key Support Levels: $2600, $2470, $2333.Key Resistance Levels: $2740, $2890, $3000. ETH surged 4% over the past 24 hours to break above a short-term symmetrical triangle. The coin had hit the support at the lower boundary of this triangle over the weekend after briefly spiking beneath $2200. Since then, ETH pushed back above the 100-day MA and broke the triangle’s upper boundary yesterday as it broke above $2600. Today, ETH...
Read More »Cardano (ADA) Price Analysis: Bulls Aim Fresh Rally To $2
ADA price started a fresh increase after it tested the $1.32 support zone against the US Dollar. The price is now trading above the $1.50 zone and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1.68 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but the bulls are likely to remain active near $1.58 and $1.55. Cardano price is showing positive signs above the $1.50 zone...
Read More »Ethereum Price Analysis: ETH is Showing Signs of Fresh Increase To $3K
Ethereum price formed a base above $2,200 and it is slowly rising against the US Dollar. ETH price is now trading above $2,500 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $2,550 on the 4-hours chart (data feed from Coinbase). The pair is likely to rise steadily towards the $3,000 resistance zone in the near term. Ethereum price is slowly moving higher above $2,500 against the US Dollar. ETH/USD...
Read More »Goldabbau: Direkte und indirekte Risiken für die Umwelt
Luftaufnahme einer Goldmine in Atlanta, USA. Foto CC0 Gemeinfrei via Unsplash Kaum ein Metall ist so begehrt und teuer wie Gold. Der Grund dafür ist, dass es weder einfach hergestellt werden kann, noch problemlos aus der Erde gefördert werden kann. Gold wird im Technologiesektor, in der Schmuckfertigung und klassisch im Finanzsektor als Wertanlage benötigt. Dabei steigt die Nachfrage kontinuierlich und damit verbunden auch der Preis....
Read More »Mozik (MOZ) Double IDO Rundown
[PRESS RELEASE – Please Read Disclaimer] It’s just right around the corner! For the lucky ones, here’s what you need to pin on your calendar: Mozik (MOZ) BSCpad IDO details Launch Date: Sunday, June 6th Staking Eligibility Cutoff: 5:00 AM UTC Allocation Round Open: 8:00 AM UTC Public Sale (FCFS) Round Open: 1:00 PM UTC Pancakeswap Listing Date/Time: Monday, June 7th, Time TBD Details & Instructions on Mozik BSCPAD IDO Mozik(MOZ) Ignition IDO details IDO Launch: Monday,...
Read More »Crypto Exchanges in India Are Garnering a Lot of Money
Cryptocurrency has never been looked at through a positive lens by India, and the Asian country has always had a certain sense of animosity towards it. Nevertheless, cryptocurrency exchanges and related firms have continually put their money into India, hoping that things will change in the coming future. India Is Getting a Lot of Financial Attention India really set itself up on the “crypto enemies” list back in early 2018 when it was announced that the country was...
Read More »Bitcoin Mining Soars in Argentina Amid Cheap, Subsidized Energy
BTC miners in Argentina are thriving by taking advantage of cheap, subsidized energy. Countries with low utility rates have been great spots for crypto miners, and the resurgence of capital controls is boosting profits for miners in Argentina. The news was first reported by Bloomberg, later republished in the Buenos Aires Times. Miners Taking Advantage of Cheap Electricity Experts like Nicolás Bourbon, a crypto-miner in Argentina, have said this is an opportunity to take...
Read More »Mark Cuban On What Attracts Him to Blockchain Tech
Mark Cuban is a billionaire with a lot of ideas in his head. While he has, for the most part, had a very up-and-down relationship with bitcoin and its altcoin cousins, he recently admitted to being invested in the world’s largest digital currency by market cap. He also claimed to be a fan of ETH given its capabilities with smart contracts. Mark Cuban: I Look at “Blockchains as Networks” In a recent interview, Cuban discussed what it was that brought him onto the...
Read More »Justin Sun Agrees With Elon Musk’s Concerns Over Bitcoin’s Carbon Footprint
TRON’s Justin Sun agrees with Elon Musk’s concerns on the carbon footprint that bitcoin mining leaves. He believes the proof of work consensus algorithm has its flaws and urged people to strive to use more green energy. Sun Agrees With Musk Tesla’s CEO made the news several weeks ago when the EV-maker disallowed bitcoin payments for its products. Ever since then, Musk repeatedly outlined the high levels of energy used by the primary cryptocurrency and urged miners to use more...
Read More »With Bitcoin Dropping, Analysts Wonder If Institutions Getting Involved Was the Right Move
Bitcoin is crashing. Everybody knows that right about now, and the world’s number one digital currency has fallen to around $34,000 per unit at the time of writing. The currency has lost roughly $30,000 from its previous all-time high of $64,000, which it attained in mid-April, and many are wondering if companies such as Tesla – which purchased a lot of BTC about three months ago – did the right thing with their money. Did Tesla Do the Right Thing Regarding Bitcoin?...
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