The crypto industry has again crossed the $1 trillion mark. The space – which was given several heated blows over the past 12 months – has seen its overall valuation fall from about $3 trillion in the beginning of 2022 to less than $1 trillion by the time the year ended. This means more than $2 trillion was lost to time over the course of one year. Crypto Is Returning to Form The crypto arena dealt with several problems throughout 2022, which will likely go down as one...
Read More »Anthony Scaramucci: BTC Will Hit $50K in 2-3 Years
Bitcoin has been doing quite well over the past few weeks. The currency has already jumped up by about $5,000 since the end of 2022, which will likely go down as one of the most disastrous periods for the world’s number one digital currency by market cap. The asset is proving doubters wrong once more and appears to be enjoying something of a rally. Despite all this, Anthony Scaramucci – a crypto bull and the man behind Sky Bridge Capital – says it might be a few years...
Read More »Bitcoin Experiences Another Surge, Now at $21K
We’re only a few weeks into the new year, but bitcoin is keeping up its good vibes and experiencing further boosts to its price. Bitcoin Is Still Booming Live Bitcoin News has already published a few articles detailing the jumps of the world’s number one digital currency by market cap since the beginning of January. The currency rose to $17,000 during the first few weeks, then hiked itself up to about $19,000. As of this writing, bitcoin has crossed the $21K line, and it...
Read More »Tron (TRX) Price Analysis: Uptrend Intact Above $0.06
Tron price started a fresh increase above the $0.060 level against the US Dollar. TRX price is now trading above $0.062 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0640 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0665 resistance zone. TRON price started a fresh increase above $0.060 against the US Dollar, similar bitcoin. TRX price could rise further if...
Read More »Bitcoin Price Analysis: BTC Remains Supported For More Upsides
Bitcoin price started a fresh increase from the $22,650 zone against the US Dollar. The price is now trading above $23,000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $23,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $22,350 support zone. Bitcoin price is rising above $23,000 against the US Dollar. BTC might extend gains...
Read More »Phony Crypto Facebook Post Sends Australia Into an Uproar
Crypto traders in Australia got scared a few weeks ago when they saw a phony Facebook advertisement claiming they needed “social credit scores” of approximately 100 or more to do business with crypto exchanges and trade digital currencies. Australia Fooled By Fake Crypto Facebook Post The Facebook post read as follows: BREAKING: Australian citizens can only access bitcoin if they have enough social credits – report. According to a new law, Australian citizens need at...
Read More »Future Fintech Group Opens Paraguay-Based Crypto Mining Farm
Future Fintech Group Inc. – a developer of blockchain applications and a fintech services provider – has just finished building a new crypto mining center in the South American nation of Paraguay. Future Fintech Group Gives Way to Paraguay Crypto Mining Facility Xu Kai – the vice president of the Future Fintech blockchain division – expressed in an interview: I am very pleased that our FTFT Paraguay cryptocurrency mining farm has successfully deployed its first batch of...
Read More »Anthony Scaramucci Claims SBF Is Guilty of “Betrayal” and “Fraud”
In a recent interview, bitcoin bull and former White House communications director under Donald Trump Anthony Scaramucci compared former FTX executive Sam Bankman-Fried to Bernie Madoff, the man who orchestrated an investor Ponzi scheme back in 2008 to grow his own wealth and lead a billion-dollar lifestyle. Anthony Scaramucci Says He Was Betrayed By SBF During his discussion, Scaramucci claimed that Bankman-Fried was guilty of both “betrayal” and “fraud,” though at one...
Read More »Cardano (ADA) Price Analysis: Downside Correction Could Be Limited
ADA price is correcting gains from the $0.415 zone against the US Dollar. The price is now trading below $0.40 and the 55 simple moving average (4-hours). There was a break below a key rising channel with support near $0.388 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it stays above the $0.370 and $0.365 support levels. Cardano price is correcting lower below $0.40 against the US Dollar, similar to bitcoin. ADA price could...
Read More »Ethereum Price Analysis: Dips Remain Attractive Near $1,550
Ethereum price is correcting gains below the $1,650 level against the US Dollar. ETH price is now trading near $1,630 and the 55 simple moving average (4-hours). There is a key contacting triangle forming with support near $1,610 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,600 support zone. Ethereum price is consolidating above the $1,600 level against the US Dollar. ETH/USD could rise further if it clears the...
Read More »