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Read More »Bitcoin Price Soared Above $55K, Highest Since May 2021
In a massive green candle, Bitcoin’s price managed to increase to as much as $55,555 on Binance, reaching a price that we haven’t seen since May this year. Bitcoin is up by a whopping 10% in the past 24 hours, and a lot of it came in the past 60 minutes. Chart by Binance As seen in the above chart, the price reached an intraday high of $55,555 on Binance’s spot exchange before retracing to where it’s currently trading at around $54,000. This was the highest BTC price that we...
Read More »Tron (TRX) Price Analysis: Breakout Zone Near $0.1020
Tron price is forming a base above the $0.0850 zone against the US Dollar. TRX price is now trading above $0.0900 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0900 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1020 resistance. TRON price remained well bid above $0.0850 against the US Dollar, similar to bitcoin. TRX price is...
Read More »Bitcoin Price Analysis: BTC Gains Pace Above $50K
Bitcoin price started a fresh increase above the $45,000 resistance against the US Dollar. The price is now trading above $50,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $43,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is showing positive signs and it could continue to rise above the $52,000 level. Bitcoin price is gaining pace above $50,000 against the US...
Read More »IMF: Regulation Is the Only Thing That Can Save Crypto
According to the International Monetary Fund (IMF), crypto traders need to accept the idea of stronger regulation if they are ever going to be safe from hackers and other illicit players. The IMF Says Regulation Needs to Happen There have been several arguments as of late claiming that the bitcoin space is prone to criminal activity from those who would like to launder money, fund terrorist organizations, and commit themselves to illicit projects. In addition, the crypto...
Read More »Analyst Daniel Joe is Very Bullish on Bitcoin: But Here’s The Only Thing Can Change His Mind (Podcast)
Bitcoin’s price over the past couple of weeks has been on an absolute roller coaster, leaving many to wonder whether we’re still in a bull market, what’s going to happen next, and how to properly position themselves for the last quarter of the year. Amid these turbulent times, we sit down with prominent on-chain analyst Daniel Joe. We talk about the current state of the market, whether or not we can expect Bitcoin to hit $100K anytime soon, as well as some useful advice for...
Read More »7 Companies Boasting Biggest Pre-market Growth of Stocks Today
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
Read More »The SEC Has Subpoenaed USDC Issuer Circle in July
According to a new mandatory filing by Circle – the company behind one of the largest stablecoins USDC – the company is under investigation from the United States Securities and Exchange Commission. It appears that the regulatory scrutiny strengthens, and stablecoin issuers are also under the radar of legislators. In a recent filing, Circle, the company behind the world’s second-largest stablecoin by means of total market cap, revealed that it has received a subpoena from the...
Read More »Cardano (ADA) Price Analysis: Bulls Aim Upside Break Above $2.3
ADA price is struggling to clear the $2.30 and $2.32 resistance levels against the US Dollar. The price is now trading near $2.20 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $2.26 on the 4-hours chart (data feed via Bitfinex). The price might start a steady increase if there is a close above $2.30 and $2.32. Cardano price is struggling below the $2.40 resistance against the US Dollar, unlike bitcoin. ADA...
Read More »Ethereum Price Analysis: ETH Gains Pace Above $3,200
Ethereum price started a fresh increase above $3,000 against the US Dollar. ETH price is now trading above $3,200 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $3,100 on the 4-hours chart (data feed from Coinbase). The pair could continue higher as long as it is above the $3,100 support zone. Ethereum price is showing positive signs above $3,120 against the US Dollar. ETH/USD could accelerate higher...
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