Tag Archives: News

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....

Solana price started a fresh decline from the $35.00 resistance zone against the US Dollar. The price is now trading below $33 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $32.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $30.50 support zone. Solana price is trading below $35 against the US Dollar, similar to bitcoin. SOL...

Bitcoin Depot – arguably one of the biggest names in crypto ATMs – has joined hands with a firm called GSR II Meteora Acquisition Corp. The partnership enables Bitcoin Depot to become a publicly listed company, thus giving it an opportunity to follow in the footsteps of Coinbase, one of the world’s largest and most popular digital currency exchanges. Bitcoin Depot Is Going Public After the maneuver is complete, Bitcoin Depot will instead be known as Bitcoin Depot Inc.,...

The crypto space has been crashing and burning for the past several months, but it’s not just investors that appear to be suffering. Scammers – once so active in this unregulated arena – have also taken quite a few financial hits, suggesting there is some good news to the tribulations and trials being suffered by the crypto industry. Scammers Aren’t Making Much Money Over the past several weeks, we’ve been privy to a wide array of nasty headlines surrounding bitcoin and...

The Houston Texans has become one of the few professional football teams out there willing to allow bitcoin payments for suites, suggesting once again that sports and crypto really go hand in hand. The Texas Have Opened Their Minds to Crypto Those looking to pay with bitcoin must do so through a company called Bit Wallet, a third-party entity that will convert the digital currency into fiat so the team can earn its funds. Houston Texans president Greg Grissom was excited...

ADA price failed to surpass the $0.500 resistance and declined against the US Dollar. The price is now trading below $0.480 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.462 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.432 support zone. Cardano price is struggling below $0.48 against the US Dollar, similar to bitcoin. ADA price could...

Ethereum price started a fresh decline from the $1,780 zone against the US Dollar. ETH price is now trading below $1,500 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,390 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,280 zone. Ethereum price is struggling below $1,500 against the US Dollar. ETH/USD remains at a risk of more...