Tag Archives: News

Bitcoin took another hefty fall in late August. The world’s number one digital currency by market cap fell to just over $20,000 following the speech given by Jerome Powell of the Fed in which he talked about the state of the economy. Bitcoin Is Continuing to Experience Bearish Trends Powell hinted that more rate hikes were likely in order, meaning bitcoin is set to suffer further at the hands of what can only be considered, at this point, to be an extremely incompetent...

Bitcoin cash price started a fresh decline from the $125 zone against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $120 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a recovery wave if there is a clear move above the $120 and $125 levels. Bitcoin cash price is recovering from the $105 zone against the US...

Argentina is a country that has witnessed the death of its national currency, the peso. The asset has been devalued so much that many people in the country – despite the falling prices – continue to resort to bitcoin and other cryptocurrencies to survive and obtain the services they need. Argentina Is Growing to Love Bitcoin Romina Sejas is one such person who uses crypto on a regular basis. A native of Argentina, Sejas got her crypto start while working a job preparing...

Recent technical signals suggest bitcoin could be due for a breakout soon, something that’s sure to make investors everywhere squeal with joy. Bitcoin Might Be Coming Back Soon The crypto space has been doing rather poorly as of late, with bitcoin – the world’s number one digital currency by market cap – leading the way into the doldrums. BTC has crashed by more than 60 percent from its November 2021 all-time high of $68,000, and the crypto space has lost more than $2...

The crypto space is enduring a lot of problems as of late, but according to one analyst – Edith Yeung, a general partner at Race Capital – things aren’t as bad as they seem, and we’re not yet in a crypto winter. Edith Yeung Is Confident in Crypto In a recent interview, Yeung explained: In some sense, the ‘warm winter’ is basically going to push out everybody who really [wants to be] there for short-term gain. The price of bitcoin has gone through one of its most...

EOS price started a fresh decline from the $1.50 resistance against the US Dollar. The price is now trading below $1.40 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.255 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $1.155 and $1.150 support levels. EOS price is declining below $1.30 against the US Dollar, similar to bitcoin....

Litecoin started a fresh decline from well above the $58 zone against the US Dollar. LTC price is now trading below $55 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $53.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent upward move if it clears the $54 and $55 levels. Litecoin price is struggling below $55 against the US Dollar, similar to bitcoin. LTC price...

Despite the overall bearishness of the crypto market, there are many analysts out there that seem to believe bitcoin still has what it takes to hit a $100,000 price. Bitcoin Is Stronger Than It Looks Right Now The state of bitcoin is rather poor as of late. The world’s number one digital currency by market cap has fallen into the doldrums and crashed like no other currency this year. The digital asset was trading for a new all-time high of about $68,000 per unit last...

Simeon Hyman is the global investment strategist at Pro Shares. He recently sat down to discuss the current state of the crypto market and what he thinks the future holds. Simeon Hyman on the State of Crypto Pro Shares is famous for releasing the first official bitcoin exchange-traded fund (ETF) last year. While the product got a lot of flak for being based on bitcoin futures rather than actual spot trading – the former being considered less stable than the latter – it...

It was just over a year ago that famed bitcoin podcaster Peter McCormack purchased Bedford FC, a professional football club. While the move seemed odd at the time it occurred, it seems to have allowed the team to move in the right direction, proving once again that crypto and sports go hand in hand. Peter McCormack Had a Vision for the Team Bedford is now known as Real Bedford, and the team is on its way to the new South Midlands Football League Division One campaign....