Thursday , October 28 2021
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Tag Archives: News

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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Walmart Partners with Coinstar to Offer BTC to Customers

Walmart is partnering with coin kiosk company Coinstar. The firm is setting up digital currency kiosks throughout several Walmart stores in the United States to give new customers access to digital currencies like bitcoin. Walmart Is Pushing Bitcoin Forward Coinstar has joined hands with a firm known as Coinme, a digital currency wallet company that offers crypto ATMs. This has empowered Coinstar machines to provide customers with a convenient and fast way to trade and...

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Shiba Inu Coin Falls Following Elon Musk Tweet

Elon Musk – the South African entrepreneur behind billion-dollar companies like Tesla and SpaceX – has a habit of making currencies go up and down all the time… and the crypto world’s latest asset Shiba Inu coin is no exception. Elon Musk Causes Another Coin to Fall Shiba Inu coin has been breaking all kinds of records and hitting new highs. A spin-off of the popular meme currency Dogecoin, Shiba Inu coin hit a massive record this weekend only to be brought down by a...

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Tron (TRX) Price Analysis: More Gains Possible Above $0.105

Tron price is forming a base above the $0.1000 zone against the US Dollar. TRX price is now trading above $0.1000 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $0.0995 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1050 resistance. TRON price remained well bid above $0.0980 against the US Dollar, similar to bitcoin. TRX price is...

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Bitcoin Price Analysis: BTC Could Correct Lower Below $60K

Bitcoin price started a downside correction from well above the $64,000 zone against the US Dollar. The price is now trading below $62,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $63,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below $59,500. Bitcoin price is back below the $62,000 pivot level against the US Dollar....

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JPMorgan: Bitcoin Is Big Only Due to Inflation

Bitcoin has risen to $66,000 per unit over the past few days. The currency is trading higher than it ever has in roughly 12 years, and everyone seems to be ogling the asset that at one point was considered a bubble and a tool for crime. Bitcoin Is Helping People Cope with the Wounds of Fiat As of late, there is plenty of speculation regarding what could have made bitcoin surge in such a way. Some believe it’s the fact that a bitcoin-based exchange-traded fund (ETF) is...

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PayPal’s Peter Thiel Wishes He Had Bought More BTC

Peter Thiel feels he underestimated bitcoin. The world’s number one digital currency by market cap recently hit a new all-time high of approximately $66,000, though the asset is now down by a few thousand and trading for just over $62,000. Peter Thiel Wishes He Had Invested More in BTC Either way, Thiel implied in a recent interview that he wishes he had gotten more involved with the cryptocurrency and added more units to his portfolio, and he thinks the opportunity to...

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Worldcoin Will Give You Free Crypto if You Let It Scan Your Eyes

A new startup is looking to scan everybody’s eyes in exchange for cryptocurrency. The process sounds like something out of the movie “Minority Report.” Scan your eyes, get paid in a token known as Worldcoin. Worldcoin Is Here to Scan Your Eyeballs The currency is named so because the idea is to give everyone in the world cryptocurrency. There’s just one thing: you need to let a small, metallic orb examine and sweep your eyes. This will add your data (DNA) to the system...

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Cardano (ADA) Price Analysis: Key Hurdle At $2.25

ADA price is struggling to clear the $2.20 and $2.25 resistance levels against the US Dollar. The price is now trading above $2.15 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.25 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $2.25 resistance zone. Cardano price is struggling below the $2.25 resistance against the US Dollar, unlike bitcoin....

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Ethereum Price Analysis: ETH Could Extend Rally

Ethereum price started a fresh increase above $4,000 against the US Dollar. ETH price is now trading above $4,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $4,120 the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $4,260 resistance zone. Ethereum price is showing positive signs above $4,000 against the US Dollar. ETH/USD could gain pace above the $4,250 and...

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