The price of the Dogecoin-inspired meme cryptocurrency has been stabilizing beneath a structure resembling a Bull Pennant. In 2021, the Shiba Inu (SHIB) market will be in a robust bull market. One key continuation pattern on its longer period charts highlights the potential for a further 90% upside moves ahead. SHIB increased more than 1,250 …
A bitcoin bull is on the lookout for a pullback. Mark Yusko, a hedge fund manager, believes that investors would profit from the cryptocurrency’s recent quick rise. “A lot of people believe we’ll hit $100,000 by the end of the year. We should, according to the stock to flow model,” Morgan Creek Capital Management CEO and …
Mark Yusko, a Bitcoin Bull, Expects Danger at $60,000 Read More »
On Friday, bitcoin momentarily surpassed $60,000 for the first time since April, as investors cheered the potential of the SEC approving the first US bitcoin futures ETF in the coming days. According to CoinGecko data, the digital asset reached a 24-hour high of $60,018, closing in on its all-time high of $64,895. It brings bitcoin’s …
Last month, the People’s Bank of China (PBoC) issued a document criminalizing all cryptocurrency activity virtually. When the memo began to circulate online, the price of Bitcoin (BTC) fell by more than 6.5 per cent. However, industry analysts quickly argued that the announcement could have been the perfect dip-buying opportunity. China’s crypto crackdown began years …
FTX.US, which launched its NFT marketplace last month, has added Solana blockchain compatibility and expects to add Ether tokens soon. The Solana blockchain is now supported by FTX.US’s nonfungible token (NFT) marketplace, allowing users to trade, deposit, and withdraw NFTs that adhere to the Metaplex token standard. On Tuesday, the FTX US registered branch announced …
Bitcoin hit a new five-month high early Monday, extending a two-week price gain despite a dismal U.S. jobs report on Friday failing to dampen hopes for Federal Reserve (Fed) tapering in November. The market also ignored data indicating allegedly bearish posture by leveraged funds in the futures market. According to CoinDesk 20 data, the cryptocurrency …
The US has been dubbed as the new center of the cryptocurrency mining world, as it has been quietly building up its hosting capacity for years in order to become the new bitcoin mining hub. With the global pandemic affecting various industries, people who were looking for establishments to hold their large-scale investments turned their attention …
Last month, Bitcoin broke through the $50,000 barrier for the second time. Experts explain why Bitcoin’s value has skyrocketed. Bitcoin, the oldest and most popular cryptocurrency, has breached the infamous $50,000 mark for the first time. The spike in Bitcoin price has once again boosted market emotions, with brokerages and market watchers anticipating another large …
Following a market-wide rally, Bitcoin returned above $50,000 this week for the first time since early September. On Wednesday, the cryptocurrency surpassed $55,000. The most recent price rises are coming after bitcoin temporarily dipped below $30,000 at the end of July. Bitcoin is now only $10,000 away from reaching an all-time high in mid-April. Other …
The Brazilian Congress will debate a bill governing cryptocurrency companies and boosting penalties for crypto pyramid schemes and other unlawful activity. The bill tabled on September 29 was already authorized by a special commission of the Brazilian House of Representatives. If approved by the plenary, the legislation, introduced by deputy Aureo Ribeiro, would require “virtual …
As it continues to rise, the pioneer cryptocurrency appears unstoppable. Even though Bitcoin confronts significant opposition ahead, an explosion to $52,000 seems to be likely. Bitcoin has pushed through $50,000 for the first time in almost a month, and it shows no signs of slowing down. The top cryptocurrency is bucking the present negative trend …
Bitcoin Appears Unstoppable: The Crypto Breaks $50,000 Read More »
Over the weekend, the price of bitcoin increased and remained around $48,000. (roughly Rs. 35 lakhs). On Monday, October 4, Bitcoin began the day with a 1.96 percent drop. Despite the modest drop, the world’s most valuable cryptocurrency is currently trading at Rs. 36,53,453 (about 49,285), indicating an increase in its exchange value since October …
The United States House of Representatives is preparing to vote on a $1 trillion bipartisan infrastructure plan. If passed, the plan will force digital asset brokers to declare their transactions to the Internal Revenue Service. The law aims to earn 28 billion from the crypto industry. With the funds, they intend to pay for roads, …
The crypto industry – $1 trillion infrastructure bill Read More »
The cryptocurrency sector is in disarray due to China’s total ban on cryptocurrencies. It was announced last week. On Wednesday, September 29, bitcoin opened at Rs. 33,52,013 (about $45,185). The world’s most valuable cryptocurrency had a 0.78 percent loss in exchange value for the second day in a row. Bitcoin had fallen by 2.96 percent …
Bitcoin prices fell by more than 4% today, to $42,421. The world’s largest cryptocurrency by market capitalization is up 45 percent this year but is still well below its April high of about $65,000. Ether, the second-largest cryptocurrency and the coin linked to the ethereum blockchain, also fell, falling nearly 7% to $2,956.8. Cardano prices …
Bitcoin, ether, dogecoin, other crypto prices fall Read More »
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