It’s 2022 and bitcoin is not starting the new year off well. The currency – which was recently trading for as much as $51,000 per unit just last week – has fallen to about $47,000 at press time. That’s $4,000 off its price in a rather limited period, and many are wondering if this is an ugly sign of things to come. Bitcoin Enters 2022 a Little Shaky Bitcoin is performing worse than it has in the past seven months, according to many analysts. The currency has fallen by...
Read More »Stellar Lumen (XLM) Price Aims Larger Increase above $0.30
Stellar lumen price is attempting a fresh increase from the $0.2600 zone against the US Dollar. XLM price is now trading above $0.2850 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.2650 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2950. Stellar lumen price is trading in a positive zone above $0.2800 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Bulls Could Gain Strength Above $0.865
Ripple price started a recovery wave from the $0.8000 zone against the US dollar. The price is now trading below $0.88 and the 55 simple moving average (4-hours). There is a connecting resistance trend line near $0.8650 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if there is a clear break above the $0.8650 resistance. Ripple price is struggling below $0.900 against the US Dollar, like bitcoin. XRP price could...
Read More »Andy Yen On Using BTC to Enhance Privacy Measures
Andy Yen is the CEO of Proton, a privacy-focused company that has established a new encrypted email service. Now, the firm is working on bringing outside privacy tools onboard, some of which stem from bitcoin and blockchain technology. Andy Yen On Bringing BTC to the Table Yen sat down to an interview in which he discussed how he sees his company interacting with bitcoin and the growing crypto space in the coming years. He mentioned he’s a fan of bitcoin, and he would...
Read More »Kraken and Staked Come Together in the Exchange’s 5th Acquisition This Year
Kraken – a crypto exchange based in San Francisco, CA and arguably one of the most popular in the United States – has acquired a staking platform simply known as “Staked” for an undisclosed sum. Kraken Gets Its Hands On Staked According to a statement, Kraken’s acquisition of the company is one of the “largest crypto industry acquisitions to date.” It marks the fifth for the digital currency exchange and builds on the company’s newfound goal to become the “crypto portal...
Read More »Mac Jones of the Patriots Gives His Teammates BTC
Mac Jones is a rookie quarterback for the New England Patriots football team. He’s had quite a year in 2021, having led the team to a new 9-6 record, and he’s now slated to be the official winner of the Rookie of the Year award. Mac Jones Seems to Love BTC To celebrate, Jones is giving bitcoin to all the team members that helped the Patriots get to where they need to be. He says he couldn’t have accomplished all he’s set out to do by himself, and he’s looking to share...
Read More »UAE Is Coming Down Hard On Crypto Fraudsters
The United Arab Emirates (UAE) is going to be hard on crypto scammers as it works to end all fraud in the industry. Regulators have stated that anyone taking part in a crypto scam of any kind will face up to five years in prison and be required to pay a hefty fee. This new law is set to take effect tomorrow on January 2, 2022. The UAE Works to Handle Crypto Scams 2021 was arguably the year for crypto. Bitcoin, for example, rose to a whopping $68,000 per unit – the...
Read More »India Is Still Contemplating What to Do with Crypto
Narendra Modi – the prime minister of India – has emerged to let crypto traders know that while the nation may have delayed its regulatory decision, it still has every intention of ensuring that crypto presents a safe environment for everyone within the country’s borders. India and Crypto… Where Are Things Headed? Not long ago, discussions emerged saying that bitcoin and crypto were no longer on the verge of being banned in India, and thus the country was instead going...
Read More »2022 Has Arrived! Will It Be a Good Year for Bitcoin?
What does 2022 have in store for bitcoin? While it’s impossible to assume what may or may not happen, there are a few patterns that have occurred in the currency’s short history that could give us some clues as to what we can expect from the world’s number one digital asset over the next 12 months. Bitcoin Has Had a Solid 12 Months Bitcoin had a big year in 2021. There is no doubt about that. Between the currency’s rising price and regions like El Salvador declaring it...
Read More »The Biggest Bitcoin Price News of 2021
As mentioned in an earlier article today, bitcoin had a big year in 2021. The asset itself and several other forms of cryptocurrency experienced many major developments and there were a lot of things revolving around the world of crypto throughout the past 12 months. How Was the Bitcoin Price Throughout the Year? But those were specific stories. It’s now time to look at bitcoin’s actual price movements throughout the year to see what patterns its followed and to better...
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