TA: Bitcoin Signals Fresh Decline, Why Dips Could Be Limited In BTC

Bitcoin price extended its upward move above the $37,500 resistance against the US Dollar. BTC failed to clear $38,500 and it is now correcting lower. Bitcoin traded above $38,000, but it failed to continue higher above $38,500. The price is currently well above $35,000 and the 100 hourly simple moving average. There was a break below a key bullish trend …

Why The SEC Issued A Warning To Bitcoin Futures Investors

The U.S. Securities and Exchange Commission (SEC) has issued yet another cautionary bulletin for Bitcoin investors. Specifically, the Commission has warned about the dangers for BTC futures traders and has asked them to “weigh carefully the potential risks and benefits of the investment”. The bulletin called “Funds Trading in Bitcoin Futures” is part of a long list of these articles …

How Extreme Fear In Crypto Correlates With Bitcoin Bottoms

The crypto market is in full fledged fear for the longest phase in more than a year, coinciding with a massive Bitcoin drop of more than 50%. The once trending cryptocurrency has yet to recover, leaving the market and participants in a state of extreme fear. But past data shows, fear is often a good thing for Bitcoin, and helps …

Are Institutions Already Over The Bitcoin Digital Gold Narrative?

Bitcoin trades at $36,786 and records profits in the 7-day chart, after two consecutive weeks of losses. In the 30-day chart, BTC still has a 32.3% loss. The price action painfully moves higher in the current range, but without conviction from the bulls. BTC trends downwards in the daily chart. Source: BTCUSD Tradingview The crypto market seems to be stagnated …

Is The Planet the Price We Pay For Things of Beauty?

NFTs are a thing of beauty (sometimes), and sometimes they are just downright weird. But they are collectible, and they are definitely having more than a moment. NFTs have grabbed the headlines with celebrities releasing their collections, from “The Mohammed Ali Collection”, to Tony Hawk and then prominent artists like Banksy and Beeple whose work was auctioned off in Christie’s …

XinFin Blockchain’s XRC20 token standard is Now Supported on D’CENT Biometrics Wallet

XinFin Network (XDC) is the most prominent, and fast-growing ecosystem. XinFin Network’s XRC20 based token standard now has the support of the biometrics hardware wallet, D’CENT.  In a recent tweet, D’CENT wallet confirmed its support for the XRC20 token, StorX Network (SRX). We are excited to announce a new partnership with @StorXNetwork and to support a new XRC20 protocol $SRX …

Who Needs Coal When You Have Cow Dung? Cryptocurrency Mining Goes Brown

Proof-of-Work (PoW) cryptocurrency mining has been the subject of bad press in recent times. Critics argue that excessive energy consumption, and its use of fossil fuels, are wasteful and causing irreparable damage to the environment. But, UK-based entrepreneur Josh Riddett hopes to change that with his renewable energy business, which turns cow dung into energy through anaerobic digestion. Farmers Use …

Amber Group Announces New Amber App Referral Program

Upgrade supports new user sign up perks, an enhanced referral program, and up to 5% APR on DOT / BNB tokens Amber Group, the leading crypto trading and technology firm, announced new user perks and an enhanced referral program on its popular crypto finance mobile app – Amber App. Starting today, qualified new users are eligible to receive 18 USDS …

TA: Ethereum Recovery Hits Roadblock, Why Close Above 100 SMA Is Important

Ethereum started a steady increase and cleared the $2,550 resistance against the US Dollar. ETH price is now struggling to climb higher above $2,650 and the 100 hourly SMA. Ethereum gained pace for a move above the $2,500 and $2,550 resistance levels. The price is struggling to settle above $2,600 and the 100 hourly simple moving average. There is a …

TA: Bitcoin Recovers Sharply, Why BTC Could Rally Further Above $38K

Bitcoin price started a strong increase above the $35,000 resistance against the US Dollar. BTC is currently showing a lot of positive signs and it could even surge above $38,000. Bitcoin started a steady increase above the $35,000 and $36,000 resistance levels. The price is currently well above $36,000 and the 100 hourly simple moving average. There was a break …