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Tag Archives: News

Why Some Analysts Think Buying Bitcoin Right Now Is a Good Idea

With bitcoin having remained below the $50,000 mark for the past week or so, some analysts are telling traders it’s time to focus on other coins and assets. In addition, the Federal Reserve has completed a two-day meeting that led to some volatility in both prices and interest rates. Bitcoin Hasn’t Been Doing So Hot Lately But while many are saying the time to stay away from BTC has arrived, others – such as Mark Tepper, president of Strategic Wealth Partners – believe...

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Cash App Is Enabling Holiday Bitcoin Gift Giving

Gift giving is now in season with Christmas and other holidays right around the corner. If you’ve ever thought about giving friends or a loved one stocks or bitcoin as a holiday present, Cash App is making it easier than ever to do so. Cash App Permits a New Way of Sending BTC Cash App has unveiled a new feature that will permit peer-to-peer payments amongst users. Owned by Block (formerly known as Square), Cash App is permitting users to send bitcoin and traditional...

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Former Bored Ape Yacht Club Artist’s NFT Project Partners With Scream Movie Franchise

An independent NFT project, Sneaky Vampire Syndicate (SVS), has announced a partnership with Paramount Pictures and Spyglass Media Group’s horror film Scream. The Collaboration According to the press release shared with CryptoPotato, SVS and the horror film are joining forces to promote the latest movie in the Scream franchise, which is set to hit the theatres on January 14, 2022. The collaboration aims to bring real-world benefits to the community. The team behind the NFT...

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Bitcoin Cash Analysis: Bears In Control Below $415

Bitcoin cash price started a fresh decline from $500 against the US Dollar. The price is now trading below the $450 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $450 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $450 for a fresh increase in the near term. Bitcoin cash price is showing bearish signs below $480 against the US Dollar, similar to bitcoin....

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Crypto Mining Firm Canaan Inc Is Getting Sued

Canaan Inc – one of the largest bitcoin mining companies in the world – is now the subject of a class-action lawsuit brought forth by several investors through a Manhattan court. A federal judge has ruled that a Hong Kong couple should lead the securities-fraud suit against the firm even though the filing was delivered late. Canaan Is at the Center of a Heavy Suit The decision was made by U.S. District Judge John Cronan, who believes that Bill Lu and Liyang Huang are the...

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Robert Kiyosaki Believes BTC Will Crash Miserably

Robert Kiyosaki – the author of “Rich Dad, Poor Dad” – believes that a huge market crash is coming, and that bitcoin – along with many other assets, such as gold and silver – will come to a screeching halt rather soon. Robert Kiyosaki – The Market Will Suffer Kiyosaki suggests that a huge economic downturn is on the horizon, and he’s looking to invest all he can when the supposed crash occurs. In a series of tweets, he commented: Crash and depression coming. Gold,...

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Anonymous Whale Purchases a Whole Lotta Bitcoin

The world’s third largest holder of bitcoin has just bought up a whole lot more. It appears the anonymous whale has purchased as much as $150 million in new BTC units. The news came from Bit Info Charts, a blockchain monitoring service, and suggests the whale bought into bitcoin’s recent dip. A Whale Has Purchased Quite a Bit of BTC At the time of writing, the world’s number one digital currency by market cap has lost quite a bit of momentum. The asset has fallen to...

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Stellar Lumen (XLM) Price Remains At Risk of More Losses

Stellar lumen price started a fresh decline from the $0.3100 resistance against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.2720 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2850. Stellar lumen price is trading in a bearish zone below $0.3000 against the US Dollar,...

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Ripple Price Analysis: Recovery Faces Resistance Near $0.88

Ripple price started a fresh decline from the $0.95 resistance against the US dollar. The price is now trading below $0.90 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.8750 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is no recovery wave above $0.8880. Ripple price is showing bearish signs below $0.92 against the US Dollar, unlike...

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Reddit Says Cryptocurrency Most Popular Term On Its Platform

2021 was certainly the year for cryptocurrency, especially when considering the statements and opinions of well-known social media forums like Reddit. The platform saw cryptocurrency as being the most popular theme amongst users this year, with a record-breaking 6.6 million mentions throughout. Reddit Brings Crypto to Mainstream Territory The term ultimately got more mentions than even “gaming” and “sports.” At the time of writing, Reddit enjoys approximately 430 million...

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