Bitcoin cash is facing barrier near the $105 and $108 resistance levels against the US Dollar. The price is now trading above the $100 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $100 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $104 and $105 to continue higher in the near term. Bitcoin cash price is climbing above $100 against the US Dollar, similar to...
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Read More »BlackRock Adds Bitcoin to Global Allocation Fund
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Read More »Binance Pledges $2 Billion to “Save Crypto”
Changpeng Zhao – the man behind famed digital currency exchange Binance – has pledged roughly $2 billion to help save the digital currency arena. Binance Is Looking to Save the Crypto Space The crypto space has been failing as of late. Bitcoin, for example, has lost more than 70 percent of its overall value since it reached its new all-time high of about $68,000 per unit in November of 2021. In general, crypto has lost more than $2.2 trillion in valuation, and many...
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Read More »Samsung to Report Q4 Operating Profit Slump amid Global Market Downturn
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Read More »Tom Lee: FTX Shouldn’t Reflect on the Crypto Space
Tom Lee of Fundstrat fame believes that what happened with the now disgraced crypto exchange FTX should not reflect on bitcoin or the industry in general. He still believes in the power of crypto and doesn’t think the arena should suffer because of what a few bad actors have done. Tom Lee on Bitcoin and FTX In a recent interview, Lee commented that the current bear run the crypto space is enduring is similar with the one it experienced in 2018. He said that bear run came...
Read More »Silvergate Resorted to Staff Layoff, Asset Liquidation to Survive FTX-Triggered Crypto Meltdown
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Read More »Sony & Honda Announce New Electric Car Brand Afeela for Shipping in 2026
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Read More »Crypto Pioneer Tiantian Kullander Passes Away
Tiantian Kullander – the founder of digital currency firm Amber Group – is alleged to have passed away in his sleep on November 23 according to a statement from the company. Tiantian Kullander Has Passed On Kullander launched the enterprise in 2017. At the time of his death, the firm was valued at more than $3 billion and was in the process of garnering another $100 million. The company was composed of several workers who spent time in the traditional finance sector,...
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