Ethereum price is struggling to clear the $1,440 and $1,450 resistance levels against the US Dollar.ETH price is currently showing positive signs above $1,300 and the 55 simple moving average (4-hours).There is a major ascending triangle pattern forming with resistance near $1,440 on the 4-hours chart (data feed from Coinbase).The pair could eye a fresh rally above the $1,440 and $1,450 resistance levels.Ethereum price is trading in a bullish zone above $1,300 against the US Dollar. ETH/USD...
Read More »The GameStop Fiasco Has Set Up a Major Playing Field for BTC
Trading apps like Robinhood have stepped in to stop their customers from trading stocks like GameStop, which have surged in recent days. As a result, bitcoin and cryptocurrency are starting to look a lot more promising, which is potentially why the world’s number one digital asset by market cap has surged by more than $2,000 at the time of writing.GameStop Barricades Help BTC Spike AgainBitcoin was initially trading for under $32,000, though in the last day or so, the currency has surged...
Read More »Elon Musk Changes His Twitter Bio to #Bitcoin
Oh, Elon Musk… There are times when analysts and traders alike probably think to themselves, “What would bitcoin and cryptocurrency do without you?”Elon Musk Helps Bitcoin Return to Its RootsIn the last few days, the South African entrepreneur and CEO of both Tesla and SpaceX has likely been the cause of bitcoin’s sudden rise beyond the $34,000 market price at the time of writing. Musk saw to it that his Twitter account bio was changed to “#bitcoin.” From there, he put out the following...
Read More »Ripple Price Analysis: XRP Pumped To $0.7 Just To Dump 50% Hours Later, What’s Next?
XRP/USD: Pump and DumpKey Support Levels: $0.35, $0.319, $0.30.Key Resistance Levels: $0.4, $0.45, $0.5.XRP managed to break the previous consolidation phase over the weekend as it penetrated above a symmetrical triangle pattern. The coin continued to climb after breaking to close the daily candle at $0.5 yesterday.Today, XRP started the day by rising 50% to reach as high as $0.77, in what is suspected to be an organized pump. However, because of that reason, the dump wasn’t late to come.XRP...
Read More »Large Investors Are Simply “Testing” Bitcoin Out
At the time of writing, the price of bitcoin has shot back up somewhat to over $34,000. This isn’t as strong or as high as it was during the early portions of the month, but it’s refreshing to see that the world’s number one digital currency by market cap is potentially back on track and returning to form.Bitcoin Has Been Getting Newfound AttentionWhile it’s too early to tell if bitcoin can return to its recent all-time high of more than $40,000, many affluent investors have had no choice but...
Read More »Bitnomics Review of the Latest Shifts in Bitcoin Value: Is BTC/USD Ready for New Highs?
After peaking at its all-time highs at $42,000 on January 8, Bitcoin entered a consolidation phase where the cryptocurrency appears to be trading in a symmetrical triangle.BTC/USD fell to 30,000 on January 11, but then it bounced back and, currently, the crypto asset is trading in a range between 34,000 and 40,000. The movement seems to be motivated by a dollar’s recovery from near three-year lows.BTC/USD daily chartA government-powered rally for BitcoinOn US election day, each Bitcoin was...
Read More »Crypto Finance to receive Brokerage FINMA Licence
Crypto Finance: Brokerage FINMA Licence The Crypto Finance Group, a leading digital asset enabler for the finance sector, is pleased to announce that its brokerage subsidiary, Crypto Broker AG, has been granted a securities house licence by FINMA. The licence will allow the Crypto Finance Group to begin offering new products, services, and trading platform features, which will all meet the standards warranted by prudential regulatory...
Read More »Swiss Blockchain Federation bietet Orientierung bei der Einführung der Registerwertrechten
Swiss Blockchain Federation Per 1. Februar 2021 treten die wertpapierrechtlichen Bestimmungen der neuen DLT-Regulierung in Kraft. In einem Rundschreiben bietet die Swiss Blockchain Federation Orientierung bei der Einführung der Registerwertrechte. Mit heutigem Datum tritt ein erster Teil der Schweizer Regulierung der Distributed Ledger Technology (DLT) in Kraft. Dieser erste...
Read More »SEBA Bank is issuing its Series B equity as security Tokens
SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy to use bridge between digital and traditional assets, today announced it is issuing its Series B equity to its shareholders as security tokens on the Blockchain. With this industry-leading capability, SEBA Bank is now able to offer a new standard of security, efficiency and flexibility in Digital Corporate Finance and Asset Tokenization capabilities. SEBA Bank is actively engaging with a range of...
Read More »Max Keiser: WallStreetBets (WSB) Should Focus Exclusively on Bitcoin
In the recent week, arguably the most talked-about Reddit group, WallStreetBets (WSB), has taken it up to large Wall Street hedge funds. Their latest initiative resulted in pushing silver to an 8-year high.As the price of the precious metal surges, popular TV host and Bitcoin proponent Max Keiser connected their rebellion with Bitcoin as both aim to find an exploit in a corrupt financial system.WSB Short Squeeze On SilverA Reddit group with millions of quickly rising subscribers made the news...
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