Thursday , May 16 2024
Home / Tag Archives: News (page 612)

Tag Archives: News

Bitcoin Cash Analysis: Risk of Break Below $300

Bitcoin cash price started a fresh decline from the $344 resistance against the US Dollar. The price is now trading below the $310 zone and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $315 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $300 support in the near term. Bitcoin cash price is struggling below $310 against the...

Read More »

Barca Athletics Club Is Trying to Establish Its Own Digital Asset

The Barcelona Athletics Club – otherwise known as Barca or Barcelona FC – is looking to establish its own cryptocurrency so it has a fighting chance against foreign investors and corporate clubs. Barca Is Headed for the Crypto Space President Joan Laporta explained at the Mobile World Congress that he is also looking to launch a new string of non-fungible tokens (NFTs) to bolster the club’s presence in the crypto industry. While Barca has turned down several...

Read More »

Report: Crypto Mining Will Double in About Six Years

Despite heavy calls from environmentalists to end the practice, it doesn’t look like crypto mining is leaving us anytime soon. In fact, it appears that the space is going to get even bigger in the coming years. Crypto Mining Continues to Expand There is a widespread desire for digital assets, and as this desire grows, miners are being asked to place more units into circulation. Thus, crypto mining is still very much in style, and so long as people continue to demand...

Read More »

Bitcoin Falls Again; What Do Analysts Think?

With bitcoin – the world’s number one digital currency by market cap – dropping every two minutes, there are many analysts out there weighing in and giving their thoughts and opinions about where the asset will go. Bitcoin Has Fallen Again There is wide speculation that bitcoin could fall below the $30,000 mark in the coming weeks. Michael Saylor of MicroStrategy fame says: Nation state conflicts create uncertainty, constrain production, weaken currency, cripple trade,...

Read More »

EOS Price Analysis: Bulls Eye Upside Break Above $2.3

EOS price started a fresh increase above the $2.00 zone against the US Dollar. The price is now trading above $2.10 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $2.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could gain bullish momentum if there is a clear move above the $2.30 level. EOS price is showing bullish signs above $2.10 against the US Dollar, similar to...

Read More »

Litecoin (LTC) Price Analysis: Faces Major Hurdle Near $115

Litecoin is struggling to clear the $115 resistance against the US Dollar. LTC price is now trading above $105 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $109 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start another decline if it trades below $109 and $105. Litecoin price is struggling below $115 against the US Dollar, similar to bitcoin. LTC price decline heavily if...

Read More »

Founder of Crypto Enterprise Bit Connect Charged with Fraud

Satish Kumbhani – the founder of cryptocurrency investment company Bit Connect – has been charged with conspiracy to commit wire fraud and conspiracy to commit commodity price manipulation amongst other crimes. Bit Connect Is Facing the Call of Justice Bit Connect is believed to have been at the forefront of a $2.4 billion crypto Ponzi scheme. U.S. attorney Randy Grossman for the Southern District of California explained in a statement: This indictment alleges a massive...

Read More »

JAG Insurance Group to Offer Employees Crypto Investing Options

JAG Insurance Group – a commercial insurance agency based in both South Florida and North Carolina – has joined hands with Trade Station Crypto, Inc. to establish a new treasury account that will expand its employees’ benefits program. JAG Insurance Group Now Has Crypto Options The goal of JAG Insurance is to help its employees diversify their retirement and investment portfolios and providing them with potential crypto options can be a solid way of doing that. Luis R....

Read More »

Will Bitcoin Fall to $30K? Analysts Weigh In…

The price of bitcoin continues to take heavy dips, and many are wondering if a fall below the $30,000 mark is inevitable for the world’s largest and most popular cryptocurrency by market cap. Bitcoin Is Crashing, but It Could Crash More The price of bitcoin is taking serious plunges following Russia’s invasion of its neighbor Ukraine. The country is now in shambles and regions like the United States are seeking to impose sanctions on Russia now that it has moved forward...

Read More »

Tron (TRX) Price Analysis: Bulls Eye Upside Break Above $0.065

Tron price started a decent increase above the $0.0600 level against the US Dollar. TRX price is now trading above $0.0620 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0608 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if it clears the $0.0650 resistance zone. TRON price started a fresh increase above $0.0600 against the US Dollar, similar to bitcoin. TRX price...

Read More »