The price of Bitcoin is currently on a downward trajectory since it faced resistance at $30K in April. However, there are notable support levels that may prevent further decline. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the Bitcoin price has consistently formed lower highs and lows in the past couple of months. The 50-day moving average acted as a strong resistance, causing a downward rejection near the $28K level. Following yesterday’s rebound,...
Read More »Reich werden mit Immobilien und Currency-Trick ab 100 Franken?
Reich werden ohne gross Geld in die Hand zu nehmen? Das geht manchmal. Eine grosse Chance ist GetStake, also das investieren in Dubai-Immos. Jeder kann mitmachen, schon ab 100 Franken ist man dabei. Und es kann ja sein, dass die Immobilien ganz gross zulegen. Zudem kann der Fall eintreten, dass die Währung der UAE ziemlich an Wert gewinnt. Nämlich dann, wenn die UAE ein grosses Finanzentrum wie New York, London oder Shanghai werden. Im Prinzip ist es einerlei, welcher Faktor schlussendlich...
Read More »Is Last Year’s Crypto Winter Over? Analysts Say, “Yup!”
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Is the crypto winter of 2022 officially over? According to various analysts, the answer is “yes.” The Crypto Winter Is Done For The crypto winter of the previous year was one of the worst events on record for bitcoin and the digital currency arena. Prices of several assets fell like comets, and the industry...
Read More »South Korea Regulator Delays Binance Acquisition of Gopax Due to SEC Lawsuit
While Binance saw the acquisition of Gopax as a means of re-entering South Korea, it was also meant to be a turning point for the local trading platform. The SEC’s lawsuit against Binance has started affecting the company’s operations, particularly its acquisition of Gopax in South Korea. The US Securities and Exchange Commission filed a case against Binance for violating securities law. According to the filing with the federal court in Washington, Binance mishandled investors and also...
Read More »Coin Flip Introduces Olliv, a Crypto Platform for Beginners
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Coin Flip – a leading crypto and fintech company famous for its wide branches of crypto-based ATMs – is launching a new platform called Olliv. The product is designed to be safe, inclusive, and self-custody-powered, ensuring everyone who invests or trades in crypto gains access to simple financial services like...
Read More »Sweat Economy to Launch Governance Vote to Decide Fate of 2B Tokens
The new governance requires at least 75,000 votes for the proposal to be either accepted or rejected. Sweat Economy, the label behind the Sweatcoin and Sweat Wallet apps, plans to roll out a new governance vote later today in the wallet app. By doing this, the Sweat community will be saddled with the responsibility of deciding what happens to the 2 billion Sweat tokens lying idle in inactive users’ accounts. Token holders can now participate in the decision-making process by the principle...
Read More »HSBC CEO Promises Silicon Valley Bank UK Will Not Suspend Focus on Startups amid Expansion
HSBC CEO has doused fears that Silicon Valley Bank UK will suspend or not adequately focus plans on helping startups. The CEO of HSBC UK has said that Silicon Valley Bank UK will continue its regular business of serving startups regardless of new ownership. Ian Stuart noted that Silicon Valley Bank will maintain its processes and business without disruption. At the Money 20/20 fintech conference in Amsterdam, Stuart assured CNBC’s Arjun Kharpal of protecting Silicon Valley Bank. He said:...
Read More »Former BitMEX CEO Arthur Hayes Remains Bullish on Bitcoin (BTC)
Bitcoin’s strong bounce back despite the SEC lawsuits has made analysts optimist about the beginning of the next bull run. After facing strong selling pressure earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) has given a strong bounceback today moving closer to $27,000. As of press time, BTC is trading 3.2% up at a price of $26,603 and a market cap of $515 billion. The recent bounce back has created optimism among Bitcoin enthusiasts with analysts turning bullish on the...
Read More »Binance.US Says SEC Lawsuit Is Unjustified
Many crypto exchanges including Binance believe that the SEC’s requested relief will do more harm to investors than good. The United States arm of the Binance exchange, Binance.US has responded to the lawsuit filed against it by the Securities and Exchange Commission (SEC). According to Binance.US, the lawsuit is without any basis and therefore, the exchange is ready to go to court to refute all of the unwarranted accusations. In light of facts, the law at the time, as well as the SEC’s...
Read More »Ethereum Is Security, Former Twitter CEO Jack Dorsey Says
There are ongoing efforts to classify Ethereum. As of now, a final decision is yet to be reached regarding whether it should be considered a security or not. Considering the arguments, predicting the final outcome is challenging. With the recent noise about cryptocurrency regulation and events such as crypto exchanges being sued for offering unregistered securities, there have been varying views from experts and high-profile individuals about the state of some specific cryptocurrencies....
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