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Bitcoin, Ethereum Technical Analysis: ETH Finds Temporary Support, After Hitting 3-Week Low
22.2.2022
Ethereum found support on Tuesday, following a drop to a three-week low earlier in today’s session. This comes as the price of bitcoin also consolidated, following recent bearish pressure. Bitcoin The selloff in BTC momentarily eased on Tuesday, as global markets continued to closely monitor...
Technical Analysis: QNT, LUNA Lead Monday’s Crypto Rebound
21.2.2022
Following a bearish start to the week, the crypto market rallied throughout the afternoon, with quant (QNT) and terra (LUNA) leading the gainers. Earlier losses in bitcoin and ethereum were also lessened, as the overall market was up 1.35% as of writing. Biggest gainers Cryptocurrency markets have...
Technical Analysis: THETA, GALA, and SAND Lead Weekend Crypto Bears
19.2.2022
THETA, GALA, and SAND were some of Saturday’s biggest cryptocurrency casualties, as an onslaught of bearish pressure pushed prices lower. This came whilst market bulls were few and far between to begin the weekend. Biggest Gainers As of writing, DOGE and LUNA were both marginally higher...
Bitcoin, Ethereum Technical Analysis: ETH Remains Below $2,800 to Start Weekend
19.2.2022
Ethereum was trading below $2,800 to start the weekend, as crypto bears extended recent market sentiment. Bitcoin was also under $40,000, as the global cryptocurrency market cap dropped by nearly 3% as of writing. Bitcoin For a fourth consecutive session, prices of the world’s largest...
Bitcoin, Ethereum Technical Analysis: BTC Drops to 2-Week Low Below $40,000
18.2.2022
Losses in cryptocurrency markets extended on Friday, with bitcoin falling to multi-week lows in the process. Ethereum was also lower during the session, whilst the global crypto market cap was down 3.70% as of writing. Bitcoin Bitcoin was down for a third consecutive session, as recent bearish...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Fall Lower Against USD
17.2.2022
Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent...
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,000 to Start the Weekend
12.2.2022
Ethereum dropped below $3,000 to start the weekend, as cryptocurrency prices fell for a second consecutive day. Bitcoin was also lower, giving up some of this week’s gains in the process. Bitcoin Following a surge to a high above $45,000 to start the week, bitcoin prices fell for a third...
NYC Mayor Supports 'Crypto But Not Crypto Mining,' While Billionaire Bashes BitLicense
10.2.2022
The US Mayor who became known in the Cryptoverse as a Bitcoin (BTC) supporter and industry ally is now opposing crypto mining, citing high energy consumption. Meanwhile, a billionaire urges the state to get rid of BitLicense "right away."...
Read More: NYC Mayor Supports 'Crypto But Not Crypto...
Technical Analysis: Gamestop Partnership Sends IMX 35% Higher
3.2.2022
Immutable X avoided Thursday’s red wave, and was one of this week’s biggest crypto gainers, following news of a partnership with Gamestop. IMX climbed by over 35% today, with QNT also extending recent gains. As of writing, crypto markets were almost 4% lower. Biggest gainers Despite...
Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows
25.1.2022
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current monetary easing policy and raising the benchmark interest rate. Economists and market analysts fear...
Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’
20.1.2022
On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes the possibility of tightening monetary easing and noted that he “respects...
Wiki continues to accept crypto donations despite pressure to stop
20.1.2022
Crypto donations will still be accepted at Wikimedia Foundation as the foundation wishes to be “as inclusive as possible.”
Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners
10.1.2022
The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset tapped an all-time high at $69K per unit. During the last two weeks, bitcoin has shed more than 19% in value, and the network’s hashrate has dropped from over 200 exahash per second...
Digital Ruble Poses Risks to Financial Sector and Security, Russian Lawmakers Warn
20.11.2021
Russian parliamentarians have cautioned against risks associated with the introduction of a digital ruble. Among them are the likely increase of competition pressure on banks and new challenges that may arise in the field of information security. Financial Market Committee Sees Threats in Digital...
Nigerian Central Bank Intensifying Fight Against Cryptocurrency Traders
10.11.2021
Just a few days after launching the e-naira digital currency, the Central Bank of Nigeria (CBN) is now reportedly ramping up the pressure against cryptocurrency traders. Bank Employees Warned In a memo to its staff seen by Bitcoin.com News, one of Nigeria’s leading banks, FCMB, warns...
Zilliqa Faces Dual Pressure From Resistance and 200 DMA!
27.10.2021
Zilliqa cryptocurrency has marked a strong movement recently but hasn’t been able to breach the previous resistance levels so far. 200 DMA was instrumental in elevating the selling pressure in the last two instances, which can be repeated. Investors should remain vigilant of the 200 DMA levels....
Elon Musk warns of 'strong inflationary pressure' as Tesla mulls Bitcoin payments
26.10.2021
The world's richest man, whose net worth hit a quarter of a trillion dollars this week, is also unsure whether inflation will ever calm down
Senators pressure Facebook to 'immediately discontinue' Novi wallet pilot
20.10.2021
Facebook’s crypto wallet has been shot down by banking committee senators just hours after it launched a pilot
Cosmos (ATOM) Faces Pressure From Both Resistance and Support!
5.10.2021
When we talk about cryptocurrency, one of the most basic thoughts we have is the mining process. The process of using shared computer processing resources to solve blocks and validate cryptocurrency was a revolutionary idea at the beginning. But with changing times, there is a serious requirement...
Nigerian Lawmaker Proposes Closure of All Domiciliary Accounts in Order to Save Imperiled Naira
30.9.2021
Nigerian lawmaker Ibrahim Obanikoro has called on Nigerian authorities to “close all domiciliary accounts for the next 12 months.” Such a move, he argues, will help to ease pressure on the naira, which has depreciated by more than 10% in the past two months. The Naira’s...