Bitcoin started a fresh increase above $57,000 against the US Dollar. BTC could extend recovery and it might revisit the $60,000 resistance in the near term. Bitcoin started a fresh increase above the $57,000 and $57,500 levels. The price is now trading above $57,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $54,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $60,000 resistance to continue higher in the near term. Bitcoin Price is Back above 100 SMA Bitcoin price found support near the $53,500 level and started a fresh increase. BTC broke the $55,000 resistance zone to start a decent recovery wave. There was a break above a key bearish trend line with resistance near $54,800 on the hourly chart of the BTC/USD pair. Besides, the pair surpassed the 50% Fib retracement level of the downward move from the $59,376 swing high to $53,576 swing low. It is now trading above $57,000 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $58,000 level. It is near the 76.4% Fib retracement level of the downward move from the $59,376 swing high to $53,576 swing low. The next key resistance is near the $58,500 level. A close above the $58,000 and $58,500 levels may possibly push the price towards $60,000. If there is a close above the $60,000 level, the price could accelerate higher. Source:...
The governor of the Bank of England, the country’s central bank, has voiced concerns about El Salvador choosing bitcoin as a national currency. Citing a recent warning by the International Monetary Fund (IMF) against bitcoin’s use as legal tender, the governor said: “What would worry me most of all is, do the citizens of El […]
GameX’s mission is to provide high-quality gaming-related products and become one of the paramount gaming stores in the world. Recently we’ve had an opportunity to interview a key member of the GameX team. Below are a few questions we asked Eli Ziedeh, GameX’s CEO. What Inspired you to create GameX and the GMX token? The […]The post Exclusive Interview with GameX CEO Elie Ziedeh appeared first on NullTX.
Britain’s crypto exchanges will be levied with a 2% tax which is likely to be passed on to investors warned CryptoUK.
Last week’s Sports Slice will find itself tough to top. One of the most notable arenas in the U.S. found a new naming rights deal with Crypto.com, the NFL quietly collaborated with Ticketmaster and Polygon in NFTs, and two major European football clubs found some reasons to hesitate with potential crypto partners. This week, we […]
Bitcoin looks ready to rebound off a critical support level and if this happens select altcoins like BNB, LUNA, MANA and SAND may also attract buyers.
The post Altcoins Are Bleeding And The Reason Is Bitcoin (BTC) Price! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe weekend usually exracts some percent of gains incurred in the past week. However, the asset experienced a drain not only in this weekend but also in the past week too. And hence Bitcoin price has drained out all the gains it accumulated in the past 30-45 days. Moreover,with the intensiying bearish trend, the altcoins …
The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed that he is buying more bitcoin and ether amid rising inflation concerns. “Inflation is a tax on the poor and middle class. Inflation makes the rich richer,” he stressed. Robert Kiyosaki Warns About Inflation, Reveals He’s Buying More Bitcoin and Ether […]
Reserve Rights (RSR), The Sandbox (SAND), Mines of Dalarnia (DAR) Up Over 20%, Top 3 Gainers on Crypto.com
While Cryptocurrency markets continue to trade sideways and Bitcoin is struggling to stay above $60k, some coins are still experiencing significant price gains today. Reserve Rights, The Sandbox, and Mines of Dalarnia are the top 3 gainers today, up over 20% in the past 24 hours. Reserve Rights (RSR) – $0.042 (+20.84%) Launched in May […]The post Reserve Rights (RSR), The Sandbox (SAND), Mines of Dalarnia (DAR) Up Over 20%, Top 3 Gainers on Crypto.com appeared first on NullTX.
Omicron is the name of the latest, most dangerous COVID-19 strain. It is also the name of a cryptocurrency that spiked over 700% thanks to that coincidence.