Dip-buyers catalyzed a strong relief rally in Bitcoin and altcoins but decreasing volumes and overhead resistance suggest the market is losing momentum. A strong bull market tends to attract speculators and newbie traders who hop on to the rally with an aim to get rich quickly. In their eagerness to earn huge profits, traders throw …
Continue reading “Price analysis 5/26: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH”
The bill was co-authored with the cryptocurrency firm Telcoin and introduced by Republican state senator Mike Flood. A crypto-friendly bill — co-authored by a cryptocurrency firm and first introduced by Republican state senator Mike Flood this January — was signed into law today in Nebraska. The Nebraska Financial Innovation Act was one of Senator Flood’s first …
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Bitcoin Price Prediction: Battling at Resistance – May 26There has been a continual process in which the BTC/USD struggles at $40,000, as it keeps being rejected at that resistance level. The price is currently at $39,81 for a 4.67% appreciation. Trade Struggles Rebounding: BTC MarketKey Levels:Resistance levels: $45,000, $50,000, $55,000Support levels: $35,000, $30,000, $25,000 BTC/USD …
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Pintu is a new cryptocurrency exchange in Indonesia, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics. Pintu, an Indonesia-based cryptocurrency exchange focusing on first-time crypto users, has raised $6 million to support its mission to drive industry adoption. The company announced Tuesday that it has completed a Series A …
Continue reading “Coinbase leads $6M funding for Indonesian crypto exchange”
“The Apple Wallets, Payments, and Commerce (WPC) team is seeking an experienced Business Development Manager to lead Alternative Payments Partnerships,” the job post reads. Global software giant Apple is recruiting for a new business development manager specializing in alternative payments, signaling that the iPhone maker is gravitating toward digital assets. The new job post for “Business …
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BTC price rebounding back to $40,000 is just one of the few signs that the bears may be exhausted. The price of Bitcoin surged higher on May 26, breaching the $40,000 level for the first time in five days as traders brushed aside concerns about China’s crypto ban and the United States’ crypto tax proposal. The …
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Luno exchange agreed not to post its Bitcoin ads in their current form again and promised to ensure that future ads would carry a proper risk warning. A major advertising industry organization in the United Kingdom has ruled on an ad campaign telling people “it’s time to buy” Bitcoin (BTC). The Advertising Standards Authority, a …
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The digital asset of MATIC has gained by a factor of 123x since the beginning of 2021 MATIC rebranded to Polygon and is on its way towards becoming a top 10 digital asset in terms of market cap Mark Cuban has also invested in Polygon (MATIC) which is now listed on his company website The …
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Bitcoin transactions have dipped in recent weeks in a reflection of the bearish price action since it topped out at an all-time high. Trading as high as $65,000 in mid-April, Bitcoin’s valuation dropped to the lowly $30,000 price mark, after reports of China’s crypto payment ban. But despite the price swings, Bitcoin’s has rallied over …
Continue reading “Can Bitcoin Hold Above $40K, Should You Buy Now?”
Bitcoin Price Prediction – May 26 The Bitcoin price is now up nearly three percent over the past 24 hours, currently trading at $39,307 after touching the daily high of $40,855. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $48,000, $53,000, $58,000 Support Levels: $31,000, $26,000, $21,000 BTCUSD – Daily Chart According to …
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The British Advertising Standards Authority (ASA) has banned a bitcoin ad campaign put up across the London Underground network and on London buses by cryptocurrency exchange Luno. The UK advertising regulator says the ads are misleading and irresponsible. ‘Time to Buy Bitcoin’ Ads Banned in the UK A bitcoin advertising campaign put up across London …
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U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull together views on” crypto regulation. US Agencies Collaborating …
Scalability is one of the problems facing public blockchains like Bitcoin and Ethereum. This is because their architecture is not sufficient to handle the increased number of users. Ethereum, in particular, has been plagued with slow confirmation times and high transaction fees leading many to search for alternatives. ABEYCHAIN 2.0 seeks to be an alternative …
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Following the infamous Wallstreetbets story a few months ago, the company Gamestop is doing much better than it did a year ago. Now a new website called nft.gamestop.com indicates that the firm is dipping its feet into blockchain technology via non-fungible tokens built with Ethereum. ‘Power to the Players’ The publicly listed company Gamestop (Nasdaq: …
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Has the crypto crash come at the worst possible time for Coinbase or could it be a major beneficiary as actual and would-be competitors fall by the wayside? The crypto boom has led to many investors making huge profits, while crypto exchanges have seen their trading volumes shoot through the roof. Coinbase is undoubtedly one …
Continue reading “Crypto Crash: Disaster For Coinbase Or A Helping Hand?”
