There are no boring days in crypto. This week was the definitive proof of this. We saw something insane happen literally every day from the past seven, so let’s start with Bitcoin. This time last week, there were already some signs of indecisiveness in bitcoin’s price, which was approaching $60K. On Sunday, though, bulls stepped in and pushed the price up to $64K, where it stayed for about a day. On Wednesday, we saw two consecutive drops, which led to the price testing the...
Read More »Bitcoin Cash Analysis: Breakout Zone At $600
Bitcoin cash price started a fresh increase above the $565 zone against the US Dollar. The price is now trading below the $600 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $610 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $600 for a sustained move higher towards $650. Bitcoin cash price is showing positive signs above $580 against the US Dollar, similar...
Read More »Ford, General Motors and Tesla Scramble for EV Global Market amid Impending Inflation
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Read More »C100.digital Crypto Index Company Appoints CEO of Teza Misha Malyshev to The Board of Directors
28 October, Austin, TX – Misha Malyshev, CEO of Teza and a former Global Head of High Frequency Trading at Citadel Investment Group, and the creator of high-frequency trading algorithms in the global market, joins the C100.digital crypto index company’s Board of Directors. With his expertise, the company plans to improve its internal trading platform and create highly effective asset management tools. Misha will also oversee the company’s product roadmap and strategic...
Read More »USA: Krankenpfleger handelt Bitcoins in der Mittagspause und wird damit zum Millionär
Bitcoin-Handel Seit dem ersten grossen Hype um Bitcoin und den weiteren Kryptowährungen gelang es einer Vielzahl von Menschen sich ein kleines oder grosses Vermögen in diesem Segment zu verdienen. Einige verdienten mit ihrer Investition so viel Geld, dass sie auf ihre herkömmliche Arbeit nicht mehr angewiesen sind. Einer davon ist ein ehemaliger Krankenpfleger aus den Vereinigten Staaten, welcher seine Mittagspause für das Trading von verschiedenen...
Read More »EOS Price Analysis: Why $4 Holds The Key
EOS price started a fresh decline from well above $4.80 against the US Dollar. The price is now trading below $4.50 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $4.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate lower if there is a close below $4.00 and $3.85. EOS price is showing bearish signs below $4.50 against the US Dollar, similar to bitcoin. The...
Read More »Litecoin (LTC) Price Analysis: Risk of More Downsides Below $172
Litecoin price started a fresh decline from well above $200 against the US Dollar. LTC price is now trading below $200 and the 55 simple moving average (4-hours). There was a break below a crucial contracting triangle with support near $192 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to decline unless there is a clear break above the $192 resistance. Litecoin price is moving lower and trading below $200 against the US...
Read More »El Salvador Buys The Dip: 420 More Bitcoins —And The Investment Is Already Profitable
The president of El Salvador has done it again. As a good Bitcoin maximalist, the price crash didn’t scare him, and instead of complaining or tweeting that his precious coin was going to $0, he just bought more Bitcoin, A LOT of Bitcoin. In a tweet shared a few hours ago, Nayib Bukele announced that he bought the dip. Buying the dip is an expression that refers to taking advantage of a bear market to buy a cheap asset during the crash and then waiting to profit once the...
Read More »Singapore’s Central Bank Chairman Shows Openness to Stablecoins
Bankers and government officials around the world are proving more welcoming to crypto than ever before. Tharman Shanmugaratnam – Singapore’s Central Bank Chairman – recently stated that cryptocurrency has a place in the country’s financial sector. All it needs are some regulations around illicit finance. A Place For Stablecoins The chairman showed his support at the Asia Financial Markets Forum on Wednesday. He said that the technology’s financial use-cases could extend...
Read More »Bitcoin At $5 Million? Some Analysts Think So…
Bitcoin has been surging crazily as of late. The world’s number one digital currency by market cap jumped to about $66,000 per unit about a week ago, though at press time, the asset has fallen to about $63,000. Still, the currency seems to be on a roll. Bitcoin Is Headed for the Moon According to a panel of approximately 50 crypto experts, the asset is going to surge even further throughout the year. Some believe that the currency will potentially hit $80,000 before...
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