Ethereum price started a fresh increase above $3,200 against the US Dollar. ETH price is now trading above $3,300 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could continue higher as long as it is above the $3,300 support zone. Ethereum price is showing positive signs above $3,300 against the US Dollar. ETH/USD could accelerate higher above the...
Read More »From Fashion to Charity, Bitcoin Adoption Blossoms
The latest cryptocurrency adoption cases are coming from the fashion brand – PacSun, as well as the charity organization – Nicklaus Children’s Hospital Foundation. PacSun Also Caught The Crypto Wave One more firm that enabled digital asset settlements is PacSun. The major brand in the fashion and retail space added bitcoin and other cryptocurrencies using the leading blockchain payment provider – BitPay. Namely, those are Ethereum (ETH), Bitcoin Cash (BCH), Wrapped Bitcoin...
Read More »Vitalik Buterin Criticizes El Salvador President’s Mandatory Bitcoin Adoption Policy
Ethereum co-founder Vitalik Buterin spoke out against President Nayib Bukele’s compulsory bitcoin usage for merchants and businesses, saying it was against cryptocurrency’s “ideals of freedom.” Buterin commented in response to a Reddit article titled “Unpopular opinion: El Salvador President Mr. Nayab (Nayib) Bukele should not be praised by Crypto community.” The Ethereum co-founder did not fail to call out “Bitcoin Maximalists,” whom he believed praised the El Salvadoran...
Read More »Mike Novogratz: NFT Investors Should Take Profits and Put Them in BTC and ETH
Michael Novogratz – the CEO of Galaxy Digital and a prominent bitcoin bull – thinks that prices people pay for NFT products are not normal “in any way, shape, or form.” As such, they should consider “taking some money off the table” and investing it into the two leading digital assets. Dump NFTs, Go for BTC And ETH Speaking at the London’s Token2049 crypto conference, crypto billionaire Mike Novogratz aired his thoughts on non-fungible tokens, specifically their soaring...
Read More »Crypto Price Analysis Oct-8: Bitcoin, Ethereum, Ripple, Cardano, and Polkadot
Bitcoin Bitcoin is up by an incredible 25.7% this week as the cryptocurrency surges beyond $55,000. The increase started at the beginning of October when it managed to break above a descending price channel and go above the 50-day MA. Since then, BTC surged higher during the week until it broke the September highs at $53,000 and met resistance at $55,400 on Wednesday. It did attempt to break above $55,400 today, reaching as high as $56,000 (1.414 Fib Extension) but is showing...
Read More »Coinbase Pro to Launch Function X, Jasmy, tBTC, Wrapped Centrifuge Ethereum Tokens Next Week
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Read More »Litecoin (LTC) Price Analysis: Bulls Aim Retest of $200
Litecoin price found support near $140 and corrected higher against the US Dollar. LTC price is now trading above $162 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $148 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $200 as long as it is above the $162 level. Litecoin price is recovering higher above $160 against the US Dollar, similar to...
Read More »Boom bei Bitcoin-ATMs
Die USA ist klarer Vorreiter bei Bitcoin-ATMs. Einige Länder holen aber auf. Und El Salvador setzt auf die eigene Wallet (Chivo). Im Gegensatz zu den sinkenden Umsätzen mit üblichen Geldautomaten steigt die Relevanz von Bitcoin-Automaten stetig an. Das Netz von klassischen Geldautomaten wird kleiner aufgrund der fehlenden Nutzung, sodass viele Automaten ausser Betrieb genommen werden.Die Adoption von Währungen im Kryptosegment rund um den Globus in...
Read More »MetaMask Partners With BitGo, Qredo, and Cactus Custody to Enhance Adoption
MetaMask – the rapidly growing and highly popular Ethereum software wallet – plans to bring DeFi to large crypto-related institutions. They have partnered with three crypto custodians to respond to different organizational needs. Namely, those are BitGo, Qredo, and Cactus. MetaMask Brings Defi to Major Crypto Companies ConsenSys – the Ethereum software company that created MetaMask – unveiled the news in a recent blog post. Under the new partnership, institutions will be able...
Read More »Bitcoin als offizielles Zahlungsmittel in El Salvador: Zwischen Start-Euphorie und Stresstest
Am 7. September war Bitcoin-Day: In El Salvador wurde die wohl bekannteste Kryptowährung zum zweiten offiziellen Zahlungsmittel neben dem US-Dollar. Der mittelamerikanische Staat wagte als erste Nation weltweit diesen Schritt. Ein Meilenstein sollte es für die Krypto-Community werden. Doch die Märkte waren nicht überzeugt, der Tag endete mit einem veritablen Absturz des Bitcoins und zahlreicher anderer digitaler Assets. So sank die Marktkapitalisierung aller Krypto-Werte in der Spitze um 400...
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