Crypto news

ETH/USD – Bulls Spike Into Bearish .5 Fib Retracement. Key Support Levels: $376, $364, $356.Key Resistance Levels: $396, $400, $410. Ethereum has been on a bullish footing since breaking out of the consolidation phase last week. Over the past seven days, Ethereum managed to rise by a total of 12% to reach the current level. It had surged higher at the start of this week as it reached as high as $396, where it ran into resistance at a bearish .5 Fib Retracement level. It has...

[PRESS RELEASE] Money Fest is among the leading and premium networking platforms when it comes to the global money ecosystem. This year, Money Fest is scheduled to take place on October 26th – 29th, and it will feature in-depth analytics and inspirational speakers. The keynote lineup and the final agenda have been revealed. Money Fest Agenda is Here To be part of the Money 20/20’s world-class content program, users typically have to travel and attend some of the live shows....

Financial strategists at JP Morgan have projected a bleak outlook for bitcoin prices in the short term. According to them, the cryptocurrency has a higher price and is trending at 13 percent over its ‘intrinsic value.’ They based their analysis on ‘positioning indicators’ derived from bets made by traders in the futures markets. But does the argument hold true? The Weather in Bitcoin Land Will Consist Of ‘Modest Headwinds’ According to the latest reports from mainstream media...

Andre Cronje, the founder of the popular Yearn Finance protocol and its governance token YFI, deployed another ‘experimental’ contract yesterday. Expectedly, a lot of people bought the token despite Cronje’s warnings, and most of them ended up losing money. One investor, in particular, put in 1000 ETH in the token, and his stash is currently worth about 80 ETH. Regardless, a lot of prominent commentators and industry experts have spoken out that, at some point, it becomes...

Tron price started a steady increase from $0.0240 and climbed towards $0.0280 against the US Dollar.TRX price is now trading well above the $0.0260 support and the 55 simple moving average (4-hours).There is a rising channel forming with support near $0.0263 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue higher if it clears the $0.0275 and $0.0280 resistance levels.TRON price is currently trading in a positive zone above $0.0260 against the US Dollar, similar to...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 991. Im heutigen Video geht’s um folgende Themen: Vermögensverwalter kauft 10.000 BTC, Satoshi Cruise Schiff für die Krypto Gemeinde & Spanien Gesetz zur Krypto Offenlegung. 1.) Bitcoin in den Händen der Institutionen: Vermögensverwalter kauft 10.000 BTChttps://cryptomonday.de/bitcoin-in-den-haenden-der-institutionen-vermoegensverwalter-kauft-10-000-btc/ 2.) Cruise ship ‘Satoshi’ to house crypto companies and...

Bitcoin price started a steady increase above the $11,000 resistance against the US Dollar.The price is now trading well above the $11,240 support and the 55 SMA (H4).There is a key bullish trend line forming with support near $11,320 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to rally further if it clears the $11,450 and $11,500 resistance levels.Bitcoin price is trading in a positive zone above the $11,240 pivot level against the US Dollar. BTC...

In times of pandemic, uncertainty, and risk, exposure to new of investments is more a necessity rather than a recommendation. According to Fidelity, one of the largest brokers in the U.S., Bitcoin is an excellent investment for those considering to exit banks and enter the markets.In October 2020, Fidelity Digital Assets, a branch of Fidelity focused on the crypto markets, released a report named “Bitcoin Investment Thesis: Bitcoin’s Role As An Alternative Investment.” In it, they analyze...

The Department of Justice (DOJ) is once again attacking bitcoin and cryptocurrency, claiming that they are agents of numerous financial crimes throughout the United States and abroad.DOJ: BTC Is a Threat to America’s FutureThe DOJ is going so far as to claim that bitcoin and other digital currencies qualify as threats to national security, with US Attorney General William Barr referring to crypto as “the first raindrops of an oncoming storm.”The idea behind bitcoin was that it would...

The Chinese digital yuan is now a thing of reality. Following what has been a lengthy period of testing, the People’s Bank of China has launched approximately $1.5 million worth of the virtual currency.The Digital Yuan Is Being Released on 50,000 PeoplePrior, the digital yuan was being tested through American businesses such as Subway, but now, it looks like the currency has entered a whole new phase of its development process. The currency’s pilot program saw the Shenzhen Municipal...