Charlie Munger has once suggested that Bitcoin is a “rat poison” and therefore people should keep their distance from it. He is now applauding the action taken by China against cryptocurrencies at its domestic level in which China has now completely separated itself from privately issued cryptocurrencies as well as their mining. It was expected…
After Tuesday’s mixed sessions, Bitcoin requires a move past $51,500 to expose levels past $53,000. In this Bitcoin’s technical analysis, we will evaluate price actions from yesterday and today, Fibonacci’s, pivot levels, resistance, and support. Moreover, we will explore the global market moves and any vital market drivers. Bitcoin’s Yesterday Price Moves Bitcoin (BTC/USD) surged…
After a bearish mode for top currencies last week, cryptos need to overpower week’s pivot zones to prevent another red week. Bitcoin BTC/USD lost 13.7% during the week ending 5 December. BTC ended the week hovering at $49,474, following a 2.29% dip over the previous week. Unpredictable sessions early on the week had Bitcoin rising…
Since the beginning of the running week, Ethereum (ETH) seems to be making progress that is higher than Bitcoin (BTC). The performance for ETH has been demonstrating high figures compared to Bitcoin. This is mainly because the analysts seem to be supporting ETH over BTC in the upcoming days. In the upcoming days, it is…
The Crypto market is currently progressing under the fears of “regulation”. It is this fear which is stopping value surges and slowly destroying the crypto investment climate. Whether it is Bitcoin or even Ethereum or else, each and every cryptocurrency of the world is living under this fear of “regulation”. Very recently, Ethereum value surged…
According to several crypto experts, if MicroStrategy and El Salvador had not come in aid of Bitcoin, it would not have been possible for Bitcoin to overcome the latest dip which occurred at the end of last week. Both were unstoppable forces that helped Bitcoin to rebound and regain the US$ 6,000 value that it…
Unlike most alternative coins, Elrond has had an impressive November. Nevertheless, that is when it comes to network growth. Moreover, Elrond’s expansion into the decentralized finance (DeFi) marketplace proved fruitful as the crypto projects achieved many records through the Maiar DEX. Maiar and Elrond over the Past 10 Days After Maiar’s launch on November 19,…
Bitcoin mining firm named Griid Infrastructure announced on Monday that a $525 million credit facility had been secured by the company from the crypto company Blockchain.com. The announcement dictated that this credit facility would be available for four years and would help the company in expanding its mining capacity. During the course of this year,…
Coinbase’s customers have been introduced to a new offering which is going to offer them seeking of loans up to a maximum limit of US$ 1 Million against the security of their Bitcoins held with the firm. No credit history of the customer is required, however, Coinbase would be charging markup @ 8% per annum….
Briefly- Dogecoin has hard somewhat mixed action in October. Elon Musk revealed that he holds the meme token. Here is what you can expect from the crypto this November. Dogecoin (DOGE/USD) printed relatively mixed sessions in October. That came as the crypto market recorded price rebounds. The original meme asset surged by nearly 70% from…
If one were to look back at how digital currencies used to be, it would be fair to say that they have come a long way. This is particularly true when you look at the state of the crypto world when bitcoin came to the crypto forefront. There was quite a lot of hesitation and…
Bitcoin has been one of the most successful and lucrative crypto options available these days. With so much to offer, it would be fair to say that bitcoin has indeed been worth the hype for the past few years. However, if you are relatively new to the crypto world, it is worth knowing that things…
BTC retraced after hitting its record high and dropped to $59,500. Bitcoin seems to recover from the losses, but $63,250 might cap upsurges in the short term. Bitcoin plunged beneath the support levels at $63,200 and $62,000. For now, Bitcoin trades under $62,000 and 100-hourly SMA. The coin saw a break past a vital bearish…
For the past few years, it has been abundantly clear that crypto investments do bear fruit if you invest in them smartly. There are loads and loads of instances to suggest that you just need to be patient and knowledgeable about crypto to gain high returns. If you ask any experienced investor what to invest…
Bitcoin installation in United States of America has become a familiar task. Over the past couple of months U.S has seen dramatic increase in the popularity of the installation of Bitcoin ATMs. In most recent development the U.S retail sector business icon Walmart has installed 200 Bitcoin. The company’s long-term plans are to install 8,000…
One of the biggest pieces of news going on the crypto world recently is that of bitcoin’s excellent rates. There are plenty of reasons to celebrate bitcoin’s tremendous prices recently, but a major reason why people believe it’s the best crypto option is because of the returns it offers. Sure, there is no denying that…
Cleanspark has been expanding its mining operations and in order to expand them it has been acquiring top-of-the-line Bitcoin mining rigs manufactured by a leading mining brand, Bitmain. Exactly 4,500 more Bitcoin mining machines have been purchased of specific model for building the capacity of Cleanspark clean mining activity. Cleanspark is a Bitcoin-specific Nevada-based mining…
Bitcoin has been a prominent part of the news for the past few days and for good reason. For those who don’t know, this cryptocurrency made the waves because of its tremendous profitability. The starting of this year was quite poor for bitcoin and its profitability went down significantly. For those who don’t know, bitcoin…
Bitmex’s CEO, Alex Hoeptner, has been predicting about the next five potential countries which he thinks are going to adopt Bitcoin as their official currencies on the basis of El Salvadoran-based legal tender. He discusses three major reasons to support his prediction which will force developing countries of the world to become part of crypt…
Bitcoin experienced a massive price surge in recent days, which suggests that this crypto is on its way to regain its throne. While it would be fair to say that Bitcoin was always on top, the past few months were not very good for this crypto. While there are plenty of reasons behind this, one…
