BTC/USD Is Unable To Sustain Above $60k as Bitcoin Faces Strong Rejection- November 26, 2021 On November 25, BTC/USD rallied to $60,000 resistance zone as Bitcoin faces strong rejection. BTC price rallied to the high of $59,200 as price reached the overbought region. Presently, the BTC price is retracing from the recent high. Bitcoin is …
Monthly archives: November 2021
Linkin Park frontman Mike Shinoda to launch music NFTs on Tezos
Analyst: Downside may be imminent for Chainlink and Tezos, April’s top crypto trades Prior to late last week’s rally to $7,800, Bitcoin was stuck in a consolidation pattern for weeks on end, trading in a 10 percent range for what was literally weeks. 3 min read → Go to Source
Metaverse ‘land sales’ come to Polkadot via PolkaStarter
Polkadot launchpad platform Polkastarter announced yesterday that will begin offering real estate land sales. According to the company’s announcement, the first NFT metaverse Land Sale will take place next week on Polkastarter, enabling users to snap up real estate from the best metaverse projects. Buying virtual land is now as easy as buying tokens Given …
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Ban or No Ban: Conflicting Reports on Crypto Regulation Coming Out of India
Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether. Crypto Regulation Is Coming but There Are Conflicting Accounts About What Is In It Indian crypto …
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Mexico’s Third Richest Man Advises Buy Bitcoin Now — Says US Looking Increasingly Like Third World Country
Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has advised investors to “buy bitcoin right now.” He explained that the U.S. is “looking more and more like any other irresponsible third world country.” Ricardo Salinas Pliego on US Economy and Bitcoin Mexican billionaire Ricardo Salinas Pliego commented on the U.S. economy and bitcoin Wednesday. He is the …
JPMorgan CEO Jamie Dimon Warns People to Be Careful When Investing in Crypto Citing ‘No Intrinsic Value’
The CEO of global investment bank JPMorgan has warned investors about investing in cryptocurrency. “Cryptocurrency has no intrinsic value. You are basically buying a token,” he said. “I would be very careful.” JPMorgan Boss Jamie Dimon Warns About Investing in Crypto JPMorgan Chase and Co’s (JPM.N) chief executive officer, Jamie Dimon, shared his thoughts on …
1 million Shiba Inu users can’t be wrong… can they?
Shiba Inu (SHIB) has reached an adoption milestone by surpassing the 1 million holders mark — even though the memecoin is trading 50% below its all-time high. News of the milestone and daily price increase has energized the Shiba Inu community since the official Shiba Inu Twitter account tweeted a shoutout late on Nov. 25. …
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Over 1 Billlion ETH Has Been Burned Since Ethereum EIP-1559
The Ethereum network has been burning ETH since the EIP-1559 first went into effect in early August. Since then, a portion of fees has been continuously burned, taking a large portion of the digital asset out of circulation. This hard fork had been implemented to combat the inflationary nature of Ethereum and it has been …
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Why Hillary Clinton Warns Biden Administration To Regulate Crypto Market
During an MSNBC interview, Hillary Clinton continued to suggest hypothetical scenarios in which cryptocurrencies could destabilize the United States and called on the Biden administration to regulate them as she fears that state and nonstate actors manipulate the role of the U.S. dollar. Related Reading | Inverse Signals: Why Bitcoin Weakness Is Attributed To Dollar Strength …
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Shiba Inu Continues To Struggle As Price Declines 17% In Past Week
Memecon Shiba Inu has continued to struggle this week as the crypto has lost 17% in value over the past seven days. Shiba Inu Continues To Decline As Whales Start Taking Profits DOGE’s cousin coin, SHIB, has been struggling this month as it tumbles down for a straight third week. Over the past seven days …
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Bitcoin Thanksgiving Day Data Reveals Peak Possible Within 30 Days
Today across the United States, the masses are celebrating the annual Thanksgiving holiday tradition. In the past, the holiday has acted as a catalyst for the final phase of the Bitcoin bull run. To celebrate the holiday and the ongoing cryptocurrency bull cycle, we are looking back at the history of Bitcoin price action over …
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Bitcoin Thanksgiving Gift, Why BTC Heads For Fresh Rally
Bitcoin has been trading on the green side this Thanksgiving morning with a 4.1% profit in the 24-hour chart. Approaching a critical resistance level, BTC’s price stands at $59,042 and could see more appreciation in the short if it manages to flip $60,000 to support. BTC trends to the upside in the 4-hour chart. Source: …
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Ethereum Looking Stronger Than Bitcoin As ETH Holds Crucial Support: Crypto Analyst
A closely followed crypto analyst is keeping an eye on the top two digital assets by market cap as well as a pair of Layer-1 scaling solution altcoins. In the latest TechnicalRoundup newsletter, pseudonymous analyst Cred says that Bitcoin closed the week without a clear signal about where BTC’s price is headed. “Bitcoin/dollar offered a …
Cardano Tumbles After Crypto Exchange Announces Its Removal Over Regulatory Concerns
The price of Cardano (ADA) has tumbled after a large crypto exchange announced it will be delisting the coin for US customers by the end of the year. According to a statement from eToro, both ADA and Tron (TRX) will be removed over regulatory concerns. “US users will not be able to open new ADA …
Ethereum Whales Loading Up on 10 Altcoins, Including New Shiba Inu and Dogecoin Challenger
New on-chain data shows Ethereum whales are accumulating 10 altcoins, including an emerging competitor to Shiba Inu (SHIB) and Dogecoin (DOGE). The Ethereum whale wallet tracker WhaleStats has compiled a list of the top 10 altcoins purchased by the 1,000 largest Ethereum wallets in the last 24 hours. The numbers show the whales are first …