Crypto News & Trading Strategies
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Bitcoin price started another decline from the $59,500 level. BTC is moving lower, and the bears could gain strength below the $56,000 support. Bitcoin started another decline from the $59,500 resistance zone. The price is trading below $57,500 and the 100 hourly simple moving average. There is a key declining channel forming with resistance at … Read more
The U.S. Securities and Exchange Commission (SEC) announced this week that the U.S. District Court for the Eastern District of Michigan has issued default judgments against Garry Davidson and Linda Knott for their involvement in a fraudulent $45 million Coindeal scheme. Davidson and Knott were accused of deceiving investors with false promises of significant returns … Read more
In the four-hour timeframe, Bitcoin is still showing a bearish trend, with the 50-day moving average trending downward, and the trend is still ranging. Moving Average Analysis In the four-hour timeframe, Bitcoin is still showing a bearish trend, with the 50-day moving average trending downward. The 200-day moving average has also been on a downward … Read more
With the rising bullish sentiment, the cryptocurrency market has displayed a positive price action for the second straight day, highlighting an increase in the buying-over-selling pressure in the crypto space. Moreover, with the price of Ethereum holding its value above $3K, altcoins have regained momentum. Moreover, mid-cap altcoins have recorded the highest gains with top … Read more
Introduction Bitcoin will revolutionize politics, not replace it. Even if hyperbitcoinization were to become a reality with Bitcoin at the center of the monetary system that emerges from the ruins of the current fiat system, the state would remain the dominus of international relations. It would rise from the ruins of its predecessors, like a … Read more
In a recent episode of Crypto Banter’s “The Sniper Trading Show,” the analyst dissected Bitcoin, discussing various hurdles and approaches to handling trading through these challenges. With Bitcoin currently teetering around the $57,403 mark, up by 2.4% in the past 24 hours yet still down 21.9% from its March peak, market sentiment is cautiously tinged. … Read more
Bitcoin trying to find support on the 4H timeframe moves above the 50 MA while also moving above the Ichimoku cloud. Its commodity Chanel index (CCI) of 14 and 50 are both above level 0. Apparently, a good sign for reversal-finders on the 4H chart, but on 1D and 1W, the sign is still down … Read more
Rodney Burton, known as “Bitcoin Rodney,” will remain in detention awaiting trial on charges of masterminding a multi-billion-dollar cryptocurrency fraud. Arrested in January at Miami International Airport, Burton faces accusations of conspiracy to operate an unlicensed money-transmitting business and the actual operation of such a business. U.S. District Judge Richard Bennett denied Burton’s bail request … Read more
Zodia Markets is reported to be in talks to buy Elwood Capital Management, a crypto firm backed by billionaire hedge fund manager Alan Howard. #Standard #Chartereds #crypto #arm #eyes #buying #billionaires #crypto #OTC #firm #Report
Bitcoin, having made a double top on the weekly chart, is ranging on the 1D cart. If statistics are any indicator, the weekly trend is down. But the daily chart is ranging. Tomorrow may tell which direction the currency will roll. Today, far and wide, there is no sign of a trade. Bitcoin 9 July … Read more