Cryptocurrency Analysis and News Portal
As Brazil and Argentina started preparatory work for a potential common currency, Coinbase CEO Brian Armstrong floated the idea of the two countries moving to Bitcoin (BTC). This sparked various discussions over the viability of BTC as a national currency. On Jan. 22, the two South American countries announced their preparations
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As crypto lending platform BlockFi filed for bankruptcy, members of the crypto community reacted with mixed feedback as another platform fell during the current bear market. Despite BlockFi citing the FTX contagion as the reason for its bankruptcy filing, podcaster Matt Odell pointed out a different explanation. Odell wrote that the
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Bitcoin (BTC), Ether (ETH) and cryptocurrency-linked stocks like MicroStrategy are seeing a sharp downturn after news broke that FTX announced filing for Chapter 11 bankruptcy and Sam Bankman-Fried stepping down as CEO. Bitcoin, Ethereum and MicroStrategy comparison. Source: TradingViewCrypto-linked stocks declineMicroStrategy (MSTR), led by the outspoken advocate of Bitcoin Michael Saylor,
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Bitcoin is slowly moving lower below $24,500 against the US Dollar. BTC could drop in the short-term if it stays below the 100 hourly SMA. Bitcoin started a downside correction after it failed to settle above $25,000. The price is now trading below the $24,500 level and the 100 hourly simple moving
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The Uniswap Labs community has already begun mulling over a new proposal that would form a Uniswap Foundation based in the United States, but first, it’s going to cost $74 million.The proposal has garnered mixed feedback from the community so far, with many praising the foundation’s plans to support and
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Gaming YouTube streamer "Dr Disrespect" unveiled the first sneak peek of his upcoming NFT shooter game dubbed Deadrop on July 30. The initial reaction has been mixed, however, with some underwhelmed by the game’s lack of polish given that Dr Disrepect boasted in a now-deleted Tweet from June that it “already
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Bitcoin is showing a few bearish signs below the $24,000 resistance zone against the US Dollar. BTC is declining and might test the $22,000 support zone. Bitcoin is slowly moving lower below the $24,000 pivot level. The price is now trading below the $23,500 level and the 100 hourly simple moving average. There
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Netflix’s new crypto documentary titled Trust No One: The Hunt for the Crypto King was released on Wednesday amid much fanfare. The documentary is based on the mysterious death of the now-defunct crypto exchange QuadrigaCX founder.The founder of the crypto exchange allegedly died on a trip to India. Along with
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Bitcoin gained pace above the $47,000 resistance against the US Dollar. BTC is showing positive signs and might rally towards the $50,000 resistance zone. Bitcoin saw a major technical breakout above the $45,500 resistance zone. The price is trading above $46,500 and the 100 hourly simple moving average. There is a crucial bullish
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February saw a noticeable shift between inflation and U.S. Federal Reserve news, followed by news of a conflict in Eastern Europe that completely overshadowed the earlier concerns of economic health. What’s transpiring in Ukraine is causing an immediate marketwide price drop. Bitcoin (BTC) had a notable decline of 11% over
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