Ethereum Price Bearish Signal: ETH Below 100 SMA Could Trigger Downside
Ethereum is facing resistance above $1,220 against the US Dollar. ETH could start another decline if it fails to stay above $1,200 and the 100 hourly SMA. Ethereum started an upside correction above the $1,180 resistance zone. The price is now…
Nifty News: Trump’s NFTs tank, NBA star’s collection gone in 77 seconds and more...
NFT gaming is at a similar stage to the early mobile gaming days, says a Magic Eden exec, while an analyst from Dune Analytics claims 58% of NFT trading volume this year has been wash trades.
Economist Peter Schiff Warns Bitcoin May Not Rise When Other Financial Assets Rebound
Gold bug and economist Peter Schiff has warned that the price of bitcoin may not rise when other financial assets rebound, even though the crypto fell alongside them. “The bitcoin bubble popped and collectors will be selling no matter what…
Bitcoin Price Signals Rejection and Poised To Start Another Decline
Bitcoin price is facing resistance near $17,000. BTC could start another decline unless there is a strong move above the $17,000 resistance zone. Bitcoin recovered higher above the $16,800 resistance zone. The price is trading above $16,800 and the…
US Lawmaker Suggests ‘Maybe’ Crypto Should Be Banned Citing Bigger Issues Than FTX
A U.S. senator has suggested that cryptocurrency should “maybe” be banned following the collapse of crypto exchange FTX. However, he acknowledged that banning crypto “is very difficult because it will go offshore and who knows how…
A response to Charlie Munger's criticisms of Bitcoin and the roles Bitcoin will play in civilization.This is an opinion editorial by Bernardo Filipe, a life-long thinker, philosopher and author of “The Straight Science.”“Of course, I hate the…
Made For Each Other: How Pickleball Embodies The Values Of Bitcoin
Pickleball and Bitcoin both value attributes that create communities interested in learning, self-improvement and fun.This is an opinion editorial by Hector Alvero, a Bitcoin educator who serves as co-host of the Broward County Bitcoiners meetup…
Grayscale May Liquidate 600,000 BTC Holdings Following SEC Opposition To ETF
Grayscale Investments may offer to buy up to 20% of Grayscale Bitcoin Trust (GBTC) shares. This is a move the company hopes will close the gap between the GBTC share price and the company’s underlying Bitcoin holdings. Grayscale Can’t…
Bank of Russia to Test International Crypto Payments With Companies
The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management has revealed. The testing will be conducted under a special legal regime that’s currently under…
Shiba Inu Welcomes 10,000 New Holders, Can SHIB Keep Up The Momentum?
Despite the market downturn, Shiba Inu (SHIB) is still seeing growth in terms of its holder base. The meme coin maintains its position as one of the most popular cryptocurrencies as its total holder count has now crossed 1.26 million. 10,000 New…
Could A Litecoin Fractal Foretell A New Bull Trend In Crypto?
The cryptocurrency market continues to feel the darkness of crypto winter, but it could be Litecoin bringing the blossom of a new bull trend, according to a an eerily similar fractal found in LTCUSD daily price charts. The fractal pattern…
Bitcoin.com Games Reveals Top Slots of 2022, Players to Get 50 Free Rounds Every Day for Christmas
Bitcoin.com Games to reward free rounds every day to all players until December 31st in Hot Slots of Christmas! It’s the holiday season and Bitcoin.com Games has begun unraveling sweet gifts for all its players in the newly launched Hot Slots…
Who has returned donations or contributions from FTX amid the firm’s reputational risks?
Politicians and news organizations have reportedly planned to return roughly $6.6 million in donations from FTX — a mere fraction of the crypto exchange's estimated contributions.
Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG
The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain 2.8 exahash per…
FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume
Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per unit region after Nov. 12, 2022. For 38 days FTT remained above the $1 per…
Cardano (ADA) Falls Below Critical Point, Why There Is More Pain To Come
Cardano (ADA) remains one of the hardest-hit cryptocurrencies even before the bear market was officially in full bloom. The digital asset which had seen returns higher than 1,000% during the 2021 bull run would eventually see almost the entirety of…
Biggest Movers: LTC Snaps Extended Bear Run, as LINK Hits 4-Day High
Litecoin snapped a recent bear run on Tuesday, as cryptocurrency prices moved marginally higher. The token was up by nearly 3% in today’s session, ending a six-day losing streak in the process. Chainlink was also in the green, as it…
On-chain data shows signs aren’t looking good for Bitcoin as the NVT ratio is indicating that the crypto is still overvalued right now. Bitcoin NVT Ratio Continues To Be At High Values As pointed out by an analyst in a CryptoQuant post, BTC…
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to…
Bitcoin Miner Greenidge Generation Reaches Debt Restructuring Deal With NYDIG
The deal will involve NYDIG taking ownership of miners, with the aim to lessen chances of a bankruptcy.Greenidge Generation, a bitcoin miner operating in New York, has reached a restructuring agreement for the $74.4 million debt with its lender…
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