EOS price is trading in a bearish zone below the $0.95 support against the US Dollar. The price is now trading above $0.88 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.87 on the 4-hour chart of...
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Litecoin (LTC) Price Analysis: Bulls Regain Strength Above $92
Litecoin started a steady increase above $92 against the US Dollar. LTC price is now trading above $92 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $85 on the 4-hour chart of the LTC/USD pair (data feed...
Bitcoin Volatility Still a Major Problem, Analysts Say
Bitcoin has appeared to be on something of a roll over the past three months, but according to many analysts, the problem of volatility is not quite over. In fact, 2023 could be prone to some rather unexpected volatility trends that may lead to a short squeeze, thus causing value...
Dieter Wermuth: Bitcoin Is a Complete Waste of Investor Funds
Dieter Wermuth – a noted economist and partner at Wermuth Asset Management – explained in a recent note that he thinks the overall economy would be better without bitcoin, and that people should try to forget about the currency for a little while. Dieter Wermuth on Why Bitcoin is Pointless...
Nikolaos Panigirtzoglou on Why Bitcoin Is Jumping Up So Fast
Nikolaos Panigirtzoglou – a global market strategist with JPMorgan, one of the biggest finance giants in the world – recently gave his thoughts on why bitcoin and several other digital currencies are up so high since the beginning of the year. Nikolaos Panigirtzoglou Discusses His Thoughts on BTC He commented...
Tron (TRX) Price Analysis: More Gains Possible Above $0.072
Tron price started a fresh increase from the $0.0672 level against the US Dollar. TRX price is now trading above $0.0700 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.0695 a major bullish trend line forming with...
Bitcoin Price Analysis: BTC Faces Uphill Task Near $27,250
Bitcoin price is correcting losses from the $26,000 zone against the US Dollar. The price is now trading near $27,000 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $27,250 on the 4-hour chart of the BTC/USD pair (data feed...
Opinion: Crypto Fans May Want to Wait on Their Calls for Regulation
Everyone keeps talking about crypto regulation as of late. It appears the topic has gained a lot of steam since crypto exchange FTX collapsed into a steaming pile of bankruptcy and fraud. Regulation Should Wait Until We Can Replace Those in Charge Under normal circumstances, a situation like this would...
P2P Bitcoin Marketplace Paxful Is Shutting Down
Peer-to-peer (P2P) bitcoin marketplace Paxful has closed its doors, meaning the digital currency space is still not yet out of the woods when it comes to exterior, negative circumstances. Paxful Says Goodbye Paxful used to be one of the most prominent, well-known bitcoin marketplaces in the world. Employing 200 people,...
Opinion: Joe Biden Will Never Take Responsibility for Hurting Crypto or America’s Standing
Joe Biden is responsible for a growing number of mishaps since he first entered the White House. He’s responsible for the collapse of the crypto space, the death of the American economy, the border crisis, the list goes on and on. The problem is that he’ll never admit to any...