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Bitcoin’s Massive Rollercoaster and Coinbase L2 Network Base: This Week’s Crypto Recap

Bitcoin’s price has been on a rollercoaster throughout the past seven days, and it has failed to chart any significant increase (or decrease) throughout the period. However, it was particularly volatile. Last week at this time, the price was hovering around similar levels, around $24K, but it quickly took for the skies and touched $25K on Sunday. What followed was the first correction back to $24K, after which BTC bounced again and reached $25K once more. It remained there...

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Bitcoin Cash Analysis: Bulls Struggle Below $140

Bitcoin cash price started a fresh decline from the $155 zone against the US Dollar. The price is now trading near the $135 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $140 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $136 and $132 support levels. Bitcoin cash price is declining from the $155 zone against the US Dollar, similar...

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SIMBA Chain and Alitheon Partner to Deliver End-to-End Authentication & Verification

[PRESS RELEASE – South Bend, Indiana, 23rd February 2023] SIMBA Chain, the builder of Blocks, an enterprise-grade platform that abstracts the complexities of blockchain development to make the innovative technology more accessible across multiple blockchains and services, today announces the integration of Alitheon, the provider of FeaturePrint®, the machine-vision-based solution for authentication and traceability of physical goods. The go-to-market partnering agreement...

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Mike Novogratz: 2023 Will Be a Year of Only Moderate Healing for Crypto

2023 is slated to be – according to various analysts – the year in which bitcoin and the crypto market heal themselves, but per Galaxy Digital CEO Mike Novogratz, things aren’t going to work out that way. Mike Novogratz: Not Much Will Happen This Year The bitcoin bull says that while 2023 will open the door to some of the healing these analysts expect to see, we aren’t going to witness any serious bull runs, nor will the digital asset space endure serious levels of...

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Binance and Mastercard Bring Crypto to Brazil

Top crypto exchange Binance has joined hands with credit card company Mastercard to form a new prepaid bitcoin rewards program for users in Brazil. Customers can now purchase everyday items and services with digital assets. Binance and Mastercard… The Perfect Match? The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either...

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