Tag Archives: News

ADA price is gaining bearish momentum below the $0.312 support zone against the US Dollar. The price is now trading below $0.305 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.2920 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.300 resistance zone. Cardano price is struggling below $0.300 against the US Dollar, similar to Bitcoin. ADA price...

Ethereum price is struggling to climb above the $1,880 resistance against the US Dollar. ETH price is now trading below $1,860 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1,850 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it breaks the $1,835 support zone. Ethereum price is declining below $1,850 against the US Dollar. ETH/USD remains at a risk of more...

CoinspeakerCoinDesk Lays Off 45% of Its Editorial Staff as It Explores Sales Option The investor letter noted that CoinDesk has enlisted the expertise of financial advisers to facilitate the process of onboarding new institutional and strategic investors, in collaboration with  DCG. CoinDesk Lays Off 45% of Its Editorial Staff as It Explores Sales Option

There is a war occurring in the African nation of Sudan, and bitcoin is helping residents either survive the rough conditions or escape the nation to freedom. Sudan is in a Rough State The war in Sudan is relatively new, having only begun about four months ago (April of 2023). The conflict has been fueled by many financial issues including record-high inflation, which surged beyond the 350 percent mark in 2021. In addition, the Sudanese banking infrastructure has...

CoinspeakerFedNow Adopts DLT Micropayment Partner for Retail Transactions on Hedera The collaboration between FedNow and Dropp has garnered mixed reactions from the crypto community. FedNow Adopts DLT Micropayment Partner for Retail Transactions on Hedera

2023 has been a year of great turnaround for bitcoin and analysts are wondering why. Bitcoin Has Seen a Lot of Change This Year For one thing, it appears macroeconomic conditions have loosened up somewhat. While many financial experts still see an economic downturn happening towards the end of the year, talks of a recession of somewhat subsided. Still, things are shaky enough (with bank failures and what not) that people have looked to bitcoin and similar assets...

CoinspeakerFoxconn Maintains Caution on Global Uncertainties despite Beating Forecasts in Q2 2023 Earnings Foxconn sees sluggish demand for electronics within the global economy for the rest of the year and thus it has reduced its revenue estimates. Foxconn Maintains Caution on Global Uncertainties despite Beating Forecasts in Q2 2023 Earnings

CoinspeakerCoinbase Global Announces Its Canada Expansion via Strategic Partnership with Peoples Trust Company Coinbase has committed to accelerating its international expansion amid the mainstream adoption of digital assets and blockchain technology. Coinbase Global Announces Its Canada Expansion via Strategic Partnership with Peoples Trust Company

Crypto firm Bitcoin Suisse is confident another big bull rally is coming for bitcoin, and it wants to be prepared. It’s now reinventing itself as the ultimate “crypto asset manager” and trying to market its services to high-net-worth individuals that have a lot of digital currency to their names. Bitcoin Suisse Sees a Huge Rally Coming Banking veteran and chief executive of Bitcoin Suisse Dirk Klee said in a recent interview that the recent washout of bad actors –...

CoinspeakerJapanese Yen Slumps to Lowest Level Against US Dollar Since November 2022 While the Japanese currency is headed towards a downward trajectory, the US dollar has displayed a strong uptrend since the close of July. Japanese Yen Slumps to Lowest Level Against US Dollar Since November 2022