Briefly – Bitcoin Cash has experienced price pressure in the last few months. BCH dropped by over 70% from its YTD highs. On its daily price chart, BCH has created a death cross. Bitcoin Cash saw price changes on Monday as most investors anticipated for the United States inflation data. At the moment, the altcoin…
HYCM Review With the opportunities in the financial markets increasing day by day, it is not surprising that people are jumping onto the online trading bandwagon. However, you will require the services of a broker to open these doors for you and there are a number of them operating in the market. But, you have…
Before 2021, the only cryptocurrency that seemed to attract significant interest was Bitcoin (BTC). That’s because its value far exceeded that of any of its competitors, many of which are still worth very little. However, there’s been a growing interest in Ethereum (ETH) in recent months, helping its value rise from a few hundred dollars…
The world we live in today is full of controversies, myths and conspiracy theories, and whatnot. Science and technology have no doubt helped crack many myths of the past. However, there are still some which might need to unfold still. One of them is who invented or created the first-ever original cryptocurrency known as Bitcoin….
Briefly – AXS rallied to its ATH on 10 July. STX, FLOW, and KCS broke out. SNX completes a 4th wave pullback. Here are the best alternative coins that saw massive gains since last week. Will they keep the momentum? Axie Infinity (AXS): 116.54% KuCoin Token (KCS): 81.78% Flow (FLOW): 74.58% Stacks (STX): 57.46% Synthetix…
BlockFi, a services company specializing in cryptocurrency, has recently partnered up with Visa in order to launch the first-ever cryptocurrency rewards credit card. This card shall be provided to approved clients within the U.S and was officially launched yesterday. BlockFi had initially talked about its intentions for introducing such a credit card back towards the…
One of the most popular and in fact the most used application of the current times is “TikTok”. The fame of this unique application is throughout the world and this is the reason why it has more than a billion users around the globe. Although it has users of more than a billion normally every…
Salvador’s President might be positive about Bitcoin but that’s what not the Salvadorans believe. They are skeptical about Bitcoin that it won’t be able to bring about the change and the prosperity as has been expected by the President and the Government officials. Almost half of the Salvadorans told that they are not familiar with…
Argentinian Parliament has approved the latest Bill which provides for payment of salaried persons through cryptocurrencies. The Bill seeks to strengthen salaried individuals in conserving their buying power against their salaries. In contrast with the US, countries of the Latin American region are becoming more reliant upon cryptocurrencies. Since when the country of El Salvador…
A prominent finance market of ‘DeFi’ named Aave has declared to issue an authorized version of the platform for the organizational investors. The authorized deployment of the platform will be launched within this month to fulfill the demand of several organizations. The launch is being conducted in association with Fireblocks (a crypto service provider and…
A so-called Brazil’s Bitcoin Bank’s owner, Claudio Oliveira, who is also famous as the “King of Bitcoin”, has been arrested by the local police. His arrest was made on the basis of the allegations which suggested his involvement in a crypto scam of US$ 300 Million. Law enforcement agencies say that the King of Bitcoin…
InvestingState Review Have you been scouring the internet for an online broker? No, there isn’t a shortage of them, but the sheer number does lead to a great deal of confusion. One broker is offering a solid number of instruments, but you don’t like their trading platform. Another provides good customer support, but their security…
ADA trades 5% lower today as it declines into the 20-day moving average line support. Currently, ADA battles the 50-day MA against BTC as it consolidates in a rising triangle. ADA-USD – ADA on 20-d MA Support Vital support levels – $1.34, $1.30 and $1.20 Vital resistance levels – $1.40, $1.45 to $1.50 and $1.72….
Cryptocurrency enthusiasts pay believing that they are mining digital coins through android apps. In reality, they are doing nothing and getting nothing. Over 170 Android apps have joined the crypto craze with their scam services. According to market researchers, fraudulent apps, 25 of them accessible on Google Play, are luring crypto traders to fake deals….
By the orders of the People’s Bank of China (PBOC), a software developing house/company has been shut down forcefully on the pretext that it was assumed by PBOC that the software house was allegedly involved in a crypto activity. On the basis of suspicion worst action has been taken which shows how authorities are acting…
A provider of financial services and a global investment bank, Morgan Stanley purchased Grayscale Bitcoin Trust’s (GBTC) 28,289 shares, as reported by a record maintained by the U.S. SEC SEC (Securities and Exchange Commission). Currently, the GBTC investment of Morgan Stanley is more than $827,000 according to the per-share estimated price, which is $29,25. Private…
Bitcoin’s net loss has touched an all-time low for the first time since last year. Last week, the net unrealized loss reached $3.5 billion, underscoring the severity of the present bear market. A Bitcoin watcher noted that the new record surpasses that of 2020, suggesting that this year’s slaughter is much more severe than prior…
At least 4,000 asset management firms of Germany have been allowed to invest 20% of the funds for investment in crypto. A landmark initiative was taken to encourage the asset management industry towards the adoption of Bitcoin and other digital assets. Collectively within these four thousand fund managers, the assets under management are worth more…
Cryptocurrency enthusiasts chant that investing in Bitcoin is comparable to investing in gold. In their view, Bitcoin is the digital world’s gold. This has swept gold investors off their feet and gold hoarders are now switching to buying Bitcoin and saving it. Gold has been considered the strongest investment for centuries. This is also the…
There used to be a time when investors, analysts, and influential personalities were able to make a huge difference surrounding an asset. They had the power to make a positive/negative prediction around assets and see the results go in their favor. Then came Bitcoin (BTC) that has landed its mark on the global markets, although…
