Tag Archives: News

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Bitcoin cash started a decent increase above the $105 and $108 resistance levels against the US Dollar. The price is now trading above the $110 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $112 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $122 and $125 to continue higher in the near term. Bitcoin cash price is climbing above $112 against the US Dollar, similar to...

There is good news and bad news surrounding bitcoin. The good news is that its next major rally is believed to be about six months away according to analyst Katie Stockton. The bad news is that the world’s number one digital currency by market cap is likely to endure a few more hectic drops before this rally occurs. In fact, she is confident that at one point, bitcoin will fall below the $14K mark. Katie Stockton on the Fate of Bitcoin We are now in the early stages of...

Senator Sherrod Brown – an Ohio democrat – says he thinks agencies such as the Fed need to examine bitcoin following the collapse of the FTX exchange and possibly ban it to make sure that what happened with the trading platform never happens again. Senator Sherrod Brown Thinks We Should Do Away with BTC As the chairman of the Senate Banking, Housing, and Urban Affairs Committee, Brown said the Treasury and all other financial agencies in the U.S. need to work together to...

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