Tag Archives: News

Bitcoin price started a fresh decline from the $42,000 zone against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There is a connecting resistance trend line forming with barrier at $37,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a strong upward move if there was a break above the $38,000 resistance. Bitcoin price is trading below $40,000 against the US Dollar. BTC might...

When it was announced late last year that Eric Adams would take over as the mayor of New York City, he shocked everyone when he stated that he would be accepting his first three paychecks in bitcoin. Nobody expected him to be a crypto fan, and a lot less expected him to follow through on his plans. Eric Adams Moves Forward with BTC Agenda Now, several weeks later, Adams has shown his doubters that he wasn’t joking, as he’s working with popular San Francisco-based crypto...

The prices of many cryptocurrencies continue to suffer. Bitcoin, for example, has fallen by more than two percent since the beginning of last week. In addition, Ethereum has dropped by more than six percent, while BNB is down by more than seven percent. Could Bitcoin Hit a Six-Figure Number in 2022? Several analysts think that this is going to continue through the first portions of 2022. Many banks are beginning to talk about hiking interest rates and engaging in other...

Turkey – in the middle of its currency crisis – appears to be taking advice from and meeting with the most unlikely contender: El Salvador. Turkish president Recep Tayyip Erdogan recently met with Nayib Bukele as the country experiences one of the worst national currency crises in its long history. Could Turkey be the next big nation to declare bitcoin legal tender, and what will it learn from utilizing crypto? Will Turkey Be the Next Country to Declare BTC Money? The...

Ethereum price started a fresh decline from the $3,200 resistance against the US Dollar. ETH price is now trading below $2,800 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2,500 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down below the $2,200 support zone. Ethereum price is struggling below $2,500 against the US Dollar. ETH/USD remains at a risk of a sharp decline if...

Stellar lumen price declined below the $0.2000 support zone against the US Dollar. XLM price is now trading below $0.2200 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.2150 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2200. Stellar lumen price is trading in a bearish zone below $0.2200 against the US Dollar, similar to bitcoin. XLM...

Ripple price started a fresh decline from the $0.7500 zone against the US dollar. The price is now trading below $0.7000 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.6200 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a steady increase if it stays above the $0.5500 support zone. Ripple price is trading in a bearish zone below $0.7000 against the US Dollar, like...

The central bank of Russia is allegedly considering a ban on all crypto activities, including transactions and mining. If this goes through, Russia will become the next in what appears to be a string of countries that have taken on very anti-crypto attitudes as of late. Russia May Be Next to Ban Crypto Prior to Russia is China, which announced over the summer that it was going to be ending all crypto and bitcoin mining projects within its borders as it worked to become...

Susan G. Komen, a leading breast cancer organization, is now able to accept digital currency donations. Susan G. Komen Will Allow BTC and Other Crypto Donations The news is huge in that digital currencies are being pushed closer towards their initial goals. What many people may not understand at this point is that bitcoin and other forms of crypto, while primarily speculative, were not designed to just be tradable assets. Rather, they were initially created to serve as...

The new budget session of Parliament in India is particularly important given that this is allegedly when the country is going to make some hardcore decisions regarding the future of crypto within the nation’s borders. Regulators are seeking to initiate some new laws in which anti-tax evasion laws surrounding crypto will be set in stone. India Is Looking to Prevent Tax Evasion Through Crypto India has had a very up and down relationship with digital currency. Since 2018,...