Cryptocurrency Analysis and News Portal
Tech stocks such as Tesla and Netflix, which crypto prices tend to correlate with, sold off during the day as investors shied away from risk assets. Original Source
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Bitcoin, the king of cryptocurrencies, has been crossing multiple crucial resistances since the start of the year. According to CoinGecko, the coin is now up 14% in the weekly timeframe, and trading at $23,008, making BTC break through the $22,000 and $23,000 resistance levels that have limited the crypto’s ascent. This
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Nigeria’s central bank will explore the adoption of blockchain technology to power a central bank digital currency (CBDC), the potential of stablecoin adoption and regulatory considerations of initial coin offerings (ICOs) over the next two years.These are the key takeaways of a policy document titled Nigeria Payments System Vision 2025,
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Litecoin price witnessed an increase in value over the last 24 hours. In the past day, the coin surged more than 3%. The
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Ethereum started another decline below $1,200 against the US Dollar. ETH could decline heavily if there is a close below $1,150. Ethereum failed to clear the $1,280 resistance zone and declined below $1,200. The price is now trading below $1,200 and the 100 hourly simple moving average. There is a major bearish trend
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Bitcoin started a fresh increase and surpassed $31,000 against the US Dollar. BTC could correct gains, but dips might remain well supported above $30,800. Bitcoin is gaining pace above the $30,500 and $31,000 resistance levels. The price is now trading above the $31,000 level and the 100 hourly simple moving average. There is
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Ethereum started another decline from the $3,030 resistance against the US Dollar. ETH even spiked below $2,800 and currently attempting an upside correction. Ethereum started a major decline below the $2,950 and $2,860 support levels. The price is now trading below $2,950 and the 100 hourly simple moving average. There is a key
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Bitcoin started a fresh increase above the $42,500 resistance against the US Dollar. BTC may soon attempt an upside break above the $43,500 resistance zone. Bitcoin remained supported near $42,000 and started a fresh increase. The price is trading above $42,500 and the 100 hourly simple moving average. There is a major bullish
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Ethereum extended decline below the $2,650 support zone against the US Dollar. ETH price is struggling and there is a risk of a move below $2,500. Ethereum started a fresh decline from well above the $2,800 pivot zone. The price is now trading below $2,600 and the 100 hourly simple moving average. There
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Ethereum extended decline below the $3,300 support zone against the US Dollar. ETH price could recover from $3,120, but it might face hurdles near $3,250. Ethereum extended decline below the $3,300 and $3,250 support levels. The price is trading below $3,250 and the 100 hourly simple moving average. There is a key bearish
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