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Bitcoin started an upside correction above $19,000 against the US Dollar. BTC is now struggling to clear the $19,400 and $19,500 resistance levels. Bitcoin traded as low as $18,550 and started an upside correction. The price is now trading below the $19,500 level and the 100 hourly simple moving average. There is a major bearish …

TA: Bitcoin Price Recovery Stalls, Why This Barrier Could Trigger Another Drop Leggi altro »

Bitcoin have retreated to a crucial area of support that served as the upper limit of the negative movement in late June at the 18,000 range. Bitcoin Breaks Crucial Level After falling below the bear flag at the middle of August, prices were able to fall further on a break of 20,000 before reaching a …

Bitcoin Slumps Below Key Support Level. How Low Can It Get? Leggi altro »

The Ethereum Merge is fast approaching, and the anticipation around the upgrade has led to some interesting happenings in the crypto sector. It has propelled the price of the digital assets to new highs, even with the downtrend, holding its value better than most of the market. Ethereum has now marked another new high ahead …

Merge Momentum: Ethereum Sets New 2022 High Against Bitcoin Leggi altro »

The price of Polygon (MATIC) has struggled to stay above the key support zone of $0.8 as the price of Bitcoin (BTC) showed indecision for weeks as the price moved in a range for weeks between $19,500-$20,000 with the price stalling on the next movement. This has affected the price of altcoins, including Polygon (MATIC), …

Polygon Shows Bearish Signs, Can $0.76 Support Hold Price Of Matic? Leggi altro »

Ethereum price is close to reclaiming the area lost during yesterday’s downside action while Bitcoin slowly crawls back into $19,000. The second cryptocurrency by market cap is about to experience a major event with high potential to operate as a bullish catalyst, “The Merge”. At the time of writing, Ethereum price trades at $1,570 with …

Why Ethereum Price Longs Might Profit Ahead Of “The Merge” Leggi altro »

Mizuho Securities’ head of global macro strategies has warned that an IMF bailout may be in the U.K.’s future. Moreover, a former chancellor of the exchequer cautioned that Britain is entering a long and severe recession, emphasizing that it’s “the worst since 1990 and it may be the worst since before that.” Strategist Discusses Possibility …

IMF Bailout Could Be in UK’s Future, Says Strategist Leggi altro »

The bitcoin mining company Cleanspark revealed on Wednesday that the company has signed a purchase agreement for 10,000 new Bitmain Antminer S19j Pro mining rigs for $28 million. Cleanspark expects the machines to be delivered to the company’s facilities by the end of October or early November 2022. Cleanspark Inks Deal with Cryptech Solutions — …

Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million Leggi altro »

With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from significant financial hardships stemming from the Ukraine-Russia war, and just recently the Kremlin disrupted the European Union’s main gas supplies. Now members of the European Commission …

Despite the Historical Blunders of Price Fixing, European Commission and G7 Pledge to Impose Price Controls Leggi altro »

On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy Allaire explained that the change “will likely lead to more usdc flowing to Binance.” …

Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision Leggi altro »

The Bitcoin takeover of Michigan has been strengthened by the addition of a new Bitcoin Beach and education center. This is an opinion editorial by Heidi Porter, an entrepreneur with 35 years in technology, Ben, a Gen Z Bitcoin evangelist and Xa Ya Za Za, a business owner, artist and node whisperer.  Have you heard …

Bitcoin Beach North And Building Out Bitcoin In A Bank Building Leggi altro »