Ethereum (ETH/USD) remained pressured early in the Asian session as the pair depreciated to the 1870 level after trading as high as the 2286.85 area during the European session, with the interday high representing a test of the 23.6% retracement of the recent depreciating range from 2950 to 2105.  Stops were elected below the 2105 […]

Ethereum (ETH/USD) remained pressured early in the Asian session as the pair depreciated to the 1870 level after trading as high as the 2286.85 area during the European session, with the interday high representing a test of the 23.6% retracement of the recent depreciating range from 2950 to 2105.  Stops were elected below the 2105 […]

Bitcoin (BTC/USD) continued to pare recent gains early in today’s Asian session as the pair depreciated to the 33063.12 level after trading as high as the 37239.78 level during the European session, with the interday high an extension of selling pressure that emerged earlier around the 50-hour simple moving average.  During a rebound higher in […]

Bitcoin (BTC/USD) continued to pare recent gains early in today’s Asian session as the pair depreciated to the 33063.12 level after trading as high as the 37239.78 level during the European session, with the interday high an extension of selling pressure that emerged earlier around the 50-hour simple moving average.  During a rebound higher in […]

Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency is here to stay as a kind of digital gold. He believes that people want an alternative to gold that is “separate and apart from the day-to-day workings of governments.” Former World Bank Economist Larry Summers Sees Bitcoin as Digital […]

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Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” says now that bitcoin is “crashing,” it is a buying opportunity, especially for those who said that they could not afford it before. Alternatively, he said they can “Buy coins that outperform bitcoin for pennies,” reiterating that the Fed, Treasury, and Biden are the problems, […]

Bitcoin has a long way to go in this bull market, and the rest of the year looks bright. Despite bitcoin’s meteoric rise of over 550% this year, on-chain analysis paints a picture of it still being early in the game. Why? Three words: Coin Days Destroyed (CDD). Nowhere Near The Top This Year By […]

Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that was seen as a clear rebuff from his earlier statements where he […]

Digital currency markets have shed billions once again, as the entire crypto-economy has been cut down from well over $2 trillion to today’s $1.44 trillion market valuation. Bitcoin was coasting along just above the $38k handle before 9 p.m. (EST) yesterday evening but after that point, sellers started capitulating and the price dropped under $34k. […]