Bitcoin price is attempting to recover from $110,650. BTC is back above $112,200 but faces many hurdles on the way up to $115,000. Bitcoin started a recovery wave above the $112,000 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance […]
Ethereum’s rally this month has been sharp, but traders are being warned to watch September closely. Related Reading Ether climbed about 20% since the start of August, trading at $4,745 at the time of publication. Prices even pierced $4,860 after dovish remarks from US Federal Reserve Chair Jerome Powell at the Jackson Hole symposium, a […]
Crypto equities, which had strongly outperformed Bitcoin over the past 18 months, are now showing signs of fatigue. Amidst a broader market pullback, investors appear to be fleeing riskier corners of the market. No IPO, No Catalyst After a stellar 18-month run, crypto equities are beginning to lose momentum relative to Bitcoin, according to the […]
by Enoch Mwathwa Japan has proposed to restructure the taxation of cryptocurrency. The reform would harmonize the taxation of digital assets with that of stocks and bonds. If approved, the plan could set the stage for cryptocurrency exchange-traded funds (ETFs) in the country. The move is part of Tokyo’s long-term plan to become a global […]
According to crypto analyst Cas Abbé, Dogecoin’s current movement suggests it is stepping into a new expansion phase after an extended period of accumulation. This development comes after months of relatively muted sentiment with strong price support, which now appears to be forming the groundwork for another strong breakout. Notably, technical analysis of various charts […]
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing […]
Justin Bons, the founder and CIO of Cyber Capital, has issued a stark warning about Bitcoin’s (BTC) future, predicting that the world’s largest cryptocurrency could collapse in the coming years. The crypto founder has cited Bitcoin’s declining security model and shrinking block rewards as some of the indicators of this seemingly inevitable crash. Bitcoin Forecasted […]
by Enoch Mwathwa XRP price has caught investors’ attention because of the emerging optimism surrounding the future of this cryptocurrency. The coin is trading at 2.97 at press time, which covers an increase of 2.04 percent on the day. Investors view the power of the Ripple ecosystem to be robust, and the trends contributing to […]
Bitcoin continues to trade below its recent highs, extending a pullback that began after reaching a record level above $124,000 last week. As of today, the cryptocurrency is priced around $115,347, reflecting a 7.7% drop from its peak and a 3% decline over the past week. The downturn highlights a loss of momentum, with market […]
The cryptocurrency market experienced a significant surge on Friday, with Ethereum (ETH) and Bitcoin (BTC) leading the charge and reviving the upward momentum seen in the previous week that had propelled it to new all-time highs. Among the notable developments, the market’s leading altcoin skyrocketed above the $4,700 mark while recording double-digit gains and edging closer […]
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