Tag Archives: News

Bitcoin is edging towards recovery after nearly three months of heavy drops. The world’s number one digital currency by market cap has been undergoing one of its biggest valuation changes, having surged all the way to a whopping $64,000 per unit back in April of this year. However, about a month later, the currency began experiencing mega dips that ultimately saw it trading for less than $30,000 for a brief period. Bitcoin Has Begun Its Climb to the Top Again Bitcoin...

Back in November, many analysts claimed that Joe Biden would be the man to put bitcoin on the map. Allegedly, his policies towards the world’s number one digital asset would be so friendly that the asset would make its way to the top of the financial ladder and become the ultimate tool for financial investors, but has BTC fared any better under the 78-year-old former senator? What Has Biden Really Done for Bitcoin? During Biden’s time in the White House, bitcoin has been subjected to one of...

Tron price started a fresh increase above the $0.0700 resistance against the US Dollar. TRX price is now trading well above $0.0700 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0740 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher as long as it is above the $0.0720 and $0.0700 support levels. TRON price is trading in a positive zone above $0.0700 against the US...

Bitcoin price started a decent increase above the $45,000 resistance against the US Dollar. The price is now trading above $45,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $44,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $46,000 and $46,500 resistance levels. Bitcoin price is gaining pace above $44,000 against the US Dollar. BTC is...

YouTube star KSI is the latest celebrity figure to become a major bitcoin fan. KSI Sure Loves His Bitcoin In a recent interview, the video maker and rapper commented that bitcoin was “the future” and that it was a “long haul thing.” When asked what he would do if he was prime minister, he responded with: I would give everyone 100 pounds worth of bitcoin, like a bitcoin stimulus package for all. I’m really into crypto. I think bitcoin is the future. It’s going to be long...

The recent bitcoin crash saw the world’s number one digital currency briefly trading below the $30,000 mark. At the time of writing, the asset has shot up to about $42,000 per unit, meaning it has gained roughly $13,000 in just a matter of weeks. Things are going better for BTC, and it looks like the crash may be over. According to Sam Bankman-Fried – one of the world’s youngest crypto billionaires – the recent drop could have been a lot worse and played out rather well...

Several members of the United States Congress are working together to propose an amendment to the new infrastructure bill that would better describe what crypto brokers are and lessen some of the tax burdens the bill is set to place on cryptocurrency investors. Will the Infrastructure Bill Change? The amendment is a bipartisan move coming by way of Senators Ron Wyden of Oregon (democrat) Cynthia Lummis of Wyoming (republican), and Pat Toomey of Pennsylvania (republican)....

ADA price is struggling to clear the $1.50 resistance against the US Dollar. The price is now well above the $1.40 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.44 on the 4-hours chart (data feed via Bitfinex). The price could start a strong increase if it clears the key $1.50 resistance zone in the near term. Cardano price is facing an uphill task near $1.50 against the US Dollar, while bitcoin is...

Ethereum price extended its increase above the $3,000 resistance against the US Dollar. ETH price is now trading well above $3,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,040 on the 4-hours chart (data feed from Coinbase). The pair is consolidating gains and it might start a fresh increase above $3,200. Ethereum price is showing positive signs above $3,000 against the US Dollar. ETH/USD must stay above...

The cryptocurrency space is climbing towards a market cap of roughly $1.7 trillion given that bitcoin is now trading above $42,000 – something it hasn’t done in a very long time. The currency was allegedly given a slight push by the “London” upgrade that occurred for Ethereum a few days earlier, and this upgrade likely caused several other altcoins (such as Cardano and Polkadot) to shoot up as well. Ethereum Is Slated to Flip Bitcoin in the Coming Years But while bitcoin...