Despite a solid rally in the week prior, mid-July saw bitcoin experience something of a dip in its price. It fell to about $30K even after several weeks of trading above $31,000 per unit. Bitcoin Endured a Few Slips The crypto market experienced a few nasty hits, such as non-fungible...
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Bitcoin Cash Analysis: Nosedives, Bears Aim $150
Bitcoin cash price started a fresh decline below the $220 zone against the US Dollar. The price is now trading below the $200 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $220 on the 4-hour chart of the...
Robert Kennedy Jr.’s Family Appears to Hold BTC Investments
Robert F. Kennedy Jr. is hoping to become next year’s democratic presidential nominee and thus beat out the present holder of that title Joe Biden. Robert Kennedy Loves Bitcoin At the Miami Bitcoin Conference last May, Kennedy assured the crowd that he wasn’t an investor in bitcoin, though he touted...
IMF Report Says Crypto Tax Evasion Remains a Serious Problem
There’s been a lot of talk about crypto tax cheats over the last few years, and according to a new report by the International Monetary Fund (IMF), the problem doesn’t end with anti-money laundering laws. The organization feels more steps are needed if things are going to come to a...
Ark Fi Introduces Ramp, a New Way to Purchase Digital Currency
Leading fiat-to-crypto firm Ark Fi is introducing Ramp, a secondary platform that will allow customers to purchase digital assets with their credit cards. Ramp Will Make Crypto Buying Easy The whole idea of purchasing bitcoin and its altcoin cousins should be easy. One pulls out their credit card, enters the...
EOS Price Analysis: Risk of Drop To $0.60
EOS price started a fresh decline from the $0.730 zone against the US Dollar. The price is now trading below $0.70 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6720 on the 4-hour chart of the EOS/USD pair (data...
Litecoin (LTC) Price Analysis: Upsides Could Be Attractive To Sellers
Litecoin is showing bearish signs and trading below $80 against the US Dollar. LTC price is now trading below $78 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $79.00 on the 4-hour chart of the LTC/USD pair (data feed...
Tapbit Introduces Contract Copy Trading: Unlocking Profits for All Investors in the Cryptocurrency Market
The cryptocurrency industry had a number of noteworthy events in the first half of 2023, reaffirming its status as a top global risk asset. Investors sought solutions to handle the highly unpredictable market and secure larger returns in the face of the hurdles offered by significant market changes. As a...
Matrix Port: Bitcoin Will Hit $125K in 18 Months
Matrix Port – a provider of crypto and blockchain services – is confident that in a year and a half from now (at the end of 2024), the price of bitcoin will rise to a whopping $125,000. Matrix Port: Bitcoin Is Going to Rise, Rise, Rise The company is basing...
Analysts Think Coinbase Will Succeed in the SEC Lawsuit
Could the new BlackRock bitcoin-based exchange-traded fund (ETF) application help pave the way for a Coinbase and SEC settlement or relationship? According to some analysts, the answer is “yes.” Coinbase Could Be Successful Coinbase was recently listed as a custody provider in the application submitted by BlackRock. This, according to...