The trouble surrounding Silvergate is getting even bigger. So big, in fact, that the prices of many leading digital currencies – including bitcoin and Ethereum – took serious dips during the early weeks of March. Silvergate Crash Causes Crypto Assets to Sink Bitcoin, for example, fell from about $22,300 to...
Blog
Bitcoin Cash Analysis: Key Breakout Resistance Sits At $130
Bitcoin cash started a decent increase above the $122 and $124 levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $124.50 on the 4-hour chart of the...
Litecoin (LTC) Price Analysis: Bulls Continue to Struggle Near $100
Litecoin started a steady increase above $88 against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $90.45 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase)....
Block to Unveil New Do-It-Yourself BTC Mining Kits
Block – the company formerly known as Square and run by Jack Dorsey of (past) Twitter fame – is looking into building what it’s calling a “mining development kit (MDK). Block Wants to Boost Bitcoin Mining Opportunities The goal is to establish a do-it-yourself bitcoin and crypto mining kit that...
The Trouble with Crypto Bank Silvergate Is Growing
The trouble surrounding Silvergate Bank appears to be getting worse, and the company has attracted a lot of negative attention in recent weeks after it stated it has concerns about how well it can do in the future. Silvergate Is in Hot Water Silvergate is a crypto lender that lost...
Regulators Are Warning US Investors About Binance
FTX was a devastating event to strike the crypto space, and now, regulators and people in charge of America’s financial sector are warning that something bad could potentially happen with Binance, which as we all know, had strict ties to FTX when the company fell into oblivion. Binance Could Be...
2023 The Year of Travel
It’s been said that ‘Travel is the only thing you buy that makes you richer’. Pandemic restrictions had eased up in 2022. However, 2022 was seen as the year of travel chaos, lost luggage and canceled flights plagued travelers. Airlines struggled to keep up with the demand of the sudden...
Cardano (ADA) Price Analysis: Key Breakout Looms At $0.40
ADA price is showing positive signs above the $0.3500 zone against the US Dollar. The price is now trading above $0.350 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.3980 on the 4-hours chart (data feed via Coinbase). The price could...
Ethereum Price Analysis: ETH Bulls Still Aim $2,000 or Higher
Ethereum price is moving higher above the $1,800 resistance against the US Dollar. ETH price is now trading above $1,800 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $1,830 on the 4-hours chart (data feed from Coinbase). The pair...
Appellate Court to Hear Grayscale Case Against the SEC
Earlier today, we published an article talking about a lawsuit between Alameda Research and Grayscale. The former is suing the latter and claims it’s holding roughly $9 billion in investment funds that can (and should) be going to its many customers. Grayscale Is Going After the SEC As it turns...