Tag Archives: News

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ADA price failed to surpass the $0.420 resistance and declined against the US Dollar. The price is now trading below $0.400 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.392 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.350 support zone. Cardano price is struggling below $0.40 against the US Dollar, similar to bitcoin. ADA price could...

Ethereum price is showing positive signs above the $1,300 level against the US Dollar. ETH price is now trading above $1,300 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1,290 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,340 resistance zone. Ethereum price is rising above the $1,300 level against the US Dollar. ETH/USD could rise further if it clears...

In late September, the Fed made the decision to hike rates once again. Joe Biden and the democrats in office have contributed greatly to inflation and other problems due to their lackluster and outright failing economic policies, and the Fed has consistently been forced into a position of pushing rates more north as a means of fighting the problems being caused by this administration. The Fed Has Hiked Rates and Bitcoin Suffered Whenever this happens, the price of...

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Jamie Dimon – the head of JPMorgan Chase – has often spoken ill of bitcoin, so we already know he’s not a major cryptocurrency fan. However, in a recent interview, he offered even harsher words about the world’s number one digital currency by market cap, going so far as to say it was a Ponzi scheme and saying it was “dangerous” for investors. Jamie Dimon Shows More Anger Towards BTC The bitcoin and cryptocurrency spaces have fallen into serious problems over the past...

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Block Inc. – the parent company of Square – is a company run by former Twitter CEO Jack Dorsey. As a payment processor, the company has been focusing heavily on bitcoin in recent years given how much Dorsey has become a fan of the world’s number one digital currency by market cap. However, according to analyst Dan Dolev who works with Block, the firm is suffering heavily due to this newfound love of BTC, and he says it could ultimately be brought down from its present...