Tag Archives: News

Solana price started a decent increase above the $28 resistance against the US Dollar. The price is now trading above $30.00 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $31.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $33.00 and $33.80 to continue higher in the near term. Solana price is trading above $31 against the US Dollar, similar to bitcoin. SOL could start a...

Bitcoin fell again in mid-October following the release of a jobs report that showed the Labor Department adding less than 264,000 jobs during the previous month of September. This was considerably less than what many analysts and labor experts felt would occur. Jobs Didn’t Look Great in September The jobs report resulted in massive hits to the crypto market, with bitcoin falling by more than three percent and eventually settling in the $19,300 range. Ethereum and many...

We’re in a crypto winter. There’s no denying it. The fact that bitcoin could lose over 70 percent of its value in just under a year is crazy. Many thought that bitcoin and other forms of crypto were unstoppable and likely to reach prices that could never have been believed. While this happened, those prices are considerably lower than what most diehard traders were expecting. Bitcoin May Need More Time to Fix Itself Now, it looks like things are about to get worse as...

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The Reserve Bank of India (RBI) is considering the release of a new digital version of the rupee, the national currency of India. The RBI Could Soon Unveil the Digital Rupee In a document explaining the process, the RBI stated the following: E-rupee or digital rupee will provide an additional option to the currently available forms of money. It is substantially not different from banknotes, but being digital, it is likely to be easier, faster, and cheaper. The RBI says...

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