BTC/USD rebounds above the $29,907 support as BTC price revisits $32.4K high. On the upside, if the BTC price rises and breaks above the $32,000 resistance, the market will rally above the 50-day SMA . According to the report, May 2022 has the lowest record of 202 new BTC ATMs. For the past five months, […]
More so, for BTC/USD to remain above this barrier, it could make many traders feel that the $29,000 support level could be pretty strong. The Bitcoin price could not drop much the cause of today’s trading, but if the first digital coin breaks below the support level of $29,000, it could change the direction of […]
Under this bill, New York will be in the same league as China, which also banned Bitcoin mining last year. If the bill is approved, it will go to the governor’s office, and once it is signed into law, it will make New York the first state in the US to ban cryptocurrency mining activities. […]
BTC/USD may face a setback that could drag the coin below the 9-day and 21-day moving averages, and the king coin is likely to have an additional bearish run. Moreover, the further bearish movement could locate the supports at $24,000, $22,000, and $20,000, making room for BTC to fall even further. In the meantime, the […]
The Central African Republic recently made Bitcoin its legal tender. An entrepreneur from Bangui, the country’s capital city, stated that the country has more pressing needs than the recent government’s decision, which is not even favorable to the economy. In reaction to the CAR’s decision to make Bitcoin a legal tender, IMF stated that it […]
BTC/USD is dropping from the opening price of $35,999 as the bulls are struggling to overcome the important resistance at $36,000. This week, after the Bitcoin price touched the high at $40,000, the king coin has not had much action and it is likely to trade within a range. More so, should the technical indicator […]
BTC/USD has fallen to the low of $35,290 as it revisits the $34.4K low .The largest cryptocurrency is likely to further decline to another low of $33,855 as bears broke below the $37,727 support. On May 4, the bulls broke the April 11 price level of $39,223 to reach the high of $40,046. The cryptocurrency […]
The 2022 golfing season will allow golfers to compete for Bitcoin payouts where they can compete for the top position in the Sunshine Tour competition. The top golfer in the Luno Order of Merit will receive 500,000 rand worth of Bitcoin, equivalent to $31,000. They have a strong backing, they want to make noise, and […]
Since the past few days, traders can easily see that BTC/USD is back in the red zone posting major losses of 1.62% on the day after commencing the trading at $36,537. The Bitcoin price just moved toward the support level of $35,000, marking $35,255 as the current daily low at the moment. At the time […]
At the moment the Bitcoin price may continue to follow the sideways movement, but the daily chart shows that the formation of a bearish movement is likely to play out. As the Bitcoin price remains below the 9-day and 21-day moving averages, BTC/USD is likely to cross below the lower boundary of the channel as […]
Warren Buffet was speaking at the Berkshire Hathaway Annual Shareholder meeting, saying that Bitcoin was not a productive asset and did not generate any tangible value. “Whether it goes up or down in the next year, or five or 10 years, I don’t know. “Now if you told me you own all of the Bitcoin […]
BTC/USD couldn’t break the resistance level of $38,000 with the current consolidation pattern once again as it fails to close above the 9-day moving average. The Bitcoin price is consolidating below the 9-day and 21-day moving averages; however, this is looking less and less likely with each failed breakout attempt as the technical indicator Relative […]
On April 26, BTC/USD was faced with selling pressure at the $40,800 high as BTC revisits the $37.5K low. However, if Bitcoin retraces and rebounds above these price levels, the crypto will rally above the $40,000 psychological price level. Vote with your money, and buy Bitcoin.” Lukhangele Brabo, a 17-year-old South African who is a […]
BTC/USD is likely to drop today as the cryptocurrency may fall beneath the $38,500 support level to reach the daily low at $38,000. A drop to the south could be detrimental to Bitcoin as it could lead the coin towards the supports at $35,000, $33,000, and $31,000. Therefore, if the coin can break above these […]
After the bearish impulse of April 11, BTC/USD consolidates between levels $37.7K and $42.2K .For the past two weeks, the BTC price has been making a series of lower highs and lower lows. On the downside, if the bears break below the $37,727 support, Bitcoin will sink to the low of $34,000 price level. On […]
Flare also stated that the bridge will ensure trustless and secure interoperability between Bitcoin and Algorand’s native token, ALGO. Rowan said the Flare team is excited about the partnership to develop a secure and trustless bridge for the Algorand ecosystem. The project will be providing the interoperability lacking in existing projects and approaches to bridging. […]
BTC/USD is likely to stay above $40,000 as the bulls may struggle to push the coin to higher levels above the 9-day and 21-day moving averages. The Bitcoin price is yet to cross above the 9-day and 21-day moving averages, but the king coin may be settling in a tight range below the 9-day and […]
In addition, the current performance of the Bitcoin Cash is below the normal expectations as the coin may gain more downtrends in the next negative direction. If the Bitcoin Cash price fails to push the price above the 9-day and 21-day moving averages, there is a risk of a fresh bearish wave. As the technical […]
Ukraine’s local currency, the hryvnia, has been greatly affected by the ongoing conflict in the country. The statement said that “quasi cash” assets could only be purchased using foreign currencies. Despite the ban, the National Bank of Ukraine noted that global payment systems were needed by foreign Ukrainians using their local currency in other countries. […]
Tigres, a leading soccer club in Mexico, will allow fans to buy tickets using Bitcoin. Tigres, a seven-time champion of Mexico’s premium soccer league, has announced a partnership with Bitso to allow fans to buy match and event tickets using Bitcoin. The purchases will be available this weekend as Tigres faces one of its greatest […]