Cryptocurrency Analysis and News Portal
Bitcoin (BTC) is keeping everyone on their toes when it comes to price trajectory — where will it go next?BTC price down 10% after bad week After a week in which BTC/USD fell by 10%, sentiment is getting a reset and traders are eyeing key support levels closer to $25,000.At the
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Russia has warned that existing and new anti-Russia sanctions imposed by the U.S. and other Western countries will lead to a global economic crisis. “Both the current sanctions that have been imposed against our country and the new additional steps that Brussels and Washington are probably thinking about now will
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Italy has recently made headlines by becoming the first Western country to ban the popular artificial intelligence (AI)-powered chatbot ChatGPT.The Italian Data Protection Authority (IDPA) ordered OpenAI, the United States-based company behind ChatGPT, to stop processing Italian users’ data until it complies with the General Data Protection Regulation (GDPR), the
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Federal Reserve and Federal Deposit Insurance Corporation (FDIC) decisions concerning the future of Silicon Valley Bank may affect regional banks across the United States, putting trillions of dollars at risk of a bank run, said former Bridgewater executive and CEO of investment firm Unlimited Bob Elliot. In a Twitter thread on
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"There is a strong possibility that in the press conference, Powell will be more hawkish and re-tighten financial conditions. For that reason, we could see a healthy short-term correction in crypto and all risk assets," Nauman Sheikh, head of treasury at crypto asset management firm Wave Financial, said. Source
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Ripple is rising steadily above the $0.380 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.4320 resistance zone. Ripple is currently rising above the $0.38 resistance zone against the US dollar. The price is now trading above $0.380 and the 100 simple moving average (4-hours). There
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Bitcoin price is still facing resistance below $17,000. BTC could decline heavily if there is a clear move below the $16,000 support zone. Bitcoin is still showing bearish signs below the $16,800 and $17,000 resistance levels. The price is trading above $16,500 and the 100 hourly simple moving average. There was a break
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Litecoin price remained well bid above the $60 support zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $70 level. Litecoin started a fresh decline below $80 support against the US Dollar. The price is now trading below $70 and the 100 simple moving average
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Ethereum is facing resistance above $1,250 against the US Dollar. ETH could gain bullish momentum if it clears the $1,230 and $1,250 resistance levels. Ethereum attempted a recovery wave and climbed above the $1,200 level. The price is now trading above $1,200 and the 100 hourly simple moving average. There is a key
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Ethereum is facing resistance above $1,220 against the US Dollar. ETH could start another decline if it fails to stay above $1,200 and the 100 hourly SMA. Ethereum started an upside correction above the $1,180 resistance zone. The price is now trading above $1,200 and the 100 hourly simple moving average. There is
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