Crypto news

Bitcoin’s Sunday retracement could be just the start of a massive correction that could drive the asset all the way down to $20,000, said Guggenheim Partners’ CIO, Scott Minerd. However, the executive remains bullish on the long-term future of the cryptocurrency, suggesting a possible price tag of up to $600,000 in the next few years. BTC’s Retracement to Take it to $20K? Ever since bitcoin reached its latest all-time high at $65,000 last week, the asset started to retraced...

Germany’s leading stock exchange, Deutsche Boerse AG, plans to delist COIN – the shares of the largest American cryptocurrency exchange, Coinbase. The organization justified its decision with wrongfully inserted reference data, which has to be resolved before COIN is relisted.  Reuters reported earlier today Deutsche Boerse’s intentions to remove the shares of Coinbase from its trading platform.  The large exchange breached “missing reference data for these shares” as the...

It seemed somewhat inevitable that the hip hop legend Snoop Dogg will get involved with DogeDay on 4/20 (April 20th). The famous rapper posted a video that included Shiba Inu – the dog bread that inspired the meme coin – and thanked Elon Musk for providing him with a spacesuit for a trip to the moon. Snoop Dogg’s DogeDay Video on 4/20 Taking advantage of the massive popularity boost of Dogecoin, the community started a trend a few weeks back, indicating that 4/20 (April 20th)...

ADA/USD – ADA Trades Inside Shallow Rising Price Channel Key Support Levels: $1.05, $1.00, $0.9.Key Resistance Levels: $1.30, $1.50, $1.72. ADA had set a new ATH at $1.57 last week but could not overcome resistance at $1.50, provided by a 1.618 Fib Extension level. From there, it rolled over and started to head lower again. During the Sunday crash, ADA dropped as low as $1.05, where it found support at a .382 Fib Retracement level. It rebounded from there but failed to...

Bitcoin’s price could suffer more if the asset fails to reclaim $60,000 soon, said analysts from the US multinational banking giant JPMorgan Chase & Co. They compared Sunday’s market crash with similar developments in the past few months but argued BTC lacks sufficient momentum now. BTC’s Bull Run Coming to an End? Bitcoin and the entire cryptocurrency ecosystem plummeted in value on Sunday as more than $360 billion were evaporated from the market cap. The largest digital...

Tron price started a fresh decline from well above the $0.1700 zone against the US Dollar. TRX price is now trading below the $0.1500 support and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.1420 on the 4-hours chart (data feed via Bitfinex). The pair could correct higher, but the bulls must gain strength above $0.1500 for more gains. TRON price is holding the $0.1200 support zone against the US Dollar,...

Deutsche Telekom has invested in Celo, an open-sourced proof of stake (PoS) blockchain designed to allow mobile phone access to decentralized finance projects. The German telecommunication giant is the first such company to join the Celo network. Deutsche Telekom Invests in The Future of DeFi Founded in 1995, Deutsche Telekom is the largest telecommunications provider in Europe. The Bonn, Germany-headquartered giant announced on Tuesday the purchase of an undisclosed amount...

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...

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...

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...