Cryptocurrency Analysis and News Portal
Bitcoin (BTC) has been lingering above $20,000 for the past nine days, but worsening conditions from traditional markets are causing traders to doubt if the support will hold.On Nov. 3, the Bank of England raised interest rates by 75 basis points to 3%, its largest single hike since 1989. The
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JPMorgan is less optimistic than Bank of America about the company in the near term. Source
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A new study from financial services giant Deloitte highlighted the potential of Bitcoin (BTC) as a base to create a cheaper, faster and more secure ecosystem for electronic fiat currency or central bank digital currency (CBDC).Deloitte’s analysis, titled State-Sponsored Cryptocurrency, pointed out the need for a complete redesign of the
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KwikTrust is a next-generation e-validation platform that provides more secure file validation and management than ever possible before. The platform is also home to the SuperNFT, enabling a unique class of NFTs that raise the bar for security, identity, provenance and ultimately trust, opening the door for new asset classes
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Ether (ETH) price rallied 32% leading up to August 23, and despite testing the $3,000 support multiple times, the level has held firmly. Meanwhile, Bitcoin (BTC) could not sustain the $50,000 mark, at least in the short-term. According to Cointelegraph, pro traders are not yet inclined to add bullish positions
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Bitcoin (BTC) price posted a 25% gain after this week’s news of Tesla’s $1.5 billion BTC investment came out. Prior to this reveal, BTC was lagging behind Ether’s (ETH) performance by 7.5% but the numerous bullish events of the past few days helped BTC to hit a new all-time high
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Chainlink’s price action as of late has been rather lackluster, primarily consisting of accumulation and consolidation as it
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Ethereum has now pushed below the lower boundary of its long-held trading range that has been formed throughout the past several weeksThis weakness has come about as Bitcoin also inches lowerBoth of these digital assets have been maintaining above these levels over the past several weeks, and a firm decline
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Bitcoin price is holding the key $9,000 support area against the US Dollar.The price is facing a couple of short term resistances near the $9,200 and $9,400 levels.This week’s followed major bearish trend line is active with resistance near $9,150 on the hourly chart of the BTC/USD pair (data feed
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