Larry Fink – the CEO of BlackRock, which recently applied to the Securities and Exchange Commission (SEC) for a bitcoin-based exchange-traded fund (ETF) – said he thinks bitcoin is akin to digital gold, and he feels it has the power to truly revolutionize the financial arena. Larry Fink Thinks Highly...
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Tron (TRX) Price Analysis: Bears Aim Breakdown Below $0.075
Tron price started a fresh decline below the $0.080 level against the US Dollar. TRX price is now trading below $0.0785 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0775 on the 4-hour chart (data feed via Kraken). The pair...
Bitcoin Price Analysis: BTC At Risk Below $30K
Bitcoin price started a fresh decline below the $29,600 level against the US Dollar. The price is now trading below $29,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $29,320 on the 4-hour chart of the BTC/USD pair (data...
Germany Says “No” to Binance, Denies Company a Crypto License
Germany has told leading digital currency exchange Binance that its regulators will not issue a crypto custody license to the firm’s executives. Germany Denies Binance Proper Licensure The country is not pleased, allegedly, with the way Binance is handling itself. The company has been on the brink of making every...
Could This Layer-2 Network Make Ethereum Stronger Than Ever?
Israeli crypto startup Stark Ware has unveiled the new layer-2 Ethereum solution it’s been working on for some time. Known as Starknet v12.0, the upgrade – which also operates under the name “Quantum Leap” – is slated to boost the digital currency network’s throughput tenfold and help Ethereum achieve a...
Blockchain in Space? Some Companies Say It’s Possible
Does blockchain going to space or taking over it sound foolhardy or impossible? According to a few different crypto companies, the idea isn’t as odd as it might seem at first glance. Blockchain and Space… The Perfect Match? There are many crypto and blockchain companies out there that are very...
Cardano (ADA) Price Analysis: Bears In Active Below $0.30
ADA price is gaining bearish momentum below the $0.312 support zone against the US Dollar. The price is now trading below $0.305 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.2920 on the 4-hour chart (data feed via Coinbase)....
Ethereum Price Analysis: ETH Revisits Key Support
Ethereum price is struggling to climb above the $1,880 resistance against the US Dollar. ETH price is now trading below $1,860 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1,850 on the 4-hour chart (data feed from Coinbase). The...
BTC is Helping Victims of a War in Sudan
There is a war occurring in the African nation of Sudan, and bitcoin is helping residents either survive the rough conditions or escape the nation to freedom. Sudan is in a Rough State The war in Sudan is relatively new, having only begun about four months ago (April of 2023)....
Why 2023 Has Been a Turnaround Year for Bitcoin
2023 has been a year of great turnaround for bitcoin and analysts are wondering why. Bitcoin Has Seen a Lot of Change This Year For one thing, it appears macroeconomic conditions have loosened up somewhat. While many financial experts still see an economic downturn happening towards the end of the...