Bitcoin Plunges below $50K Support Level as Bears Threaten to Short to $44K Low
Bitcoin has plunged to $46,601 low and pulled back immediately. This sharp drop was a result of buyers failing to push BTC price above the $58,000 resistance level. The $58,000…
Read More »Bitcoin Cash in Sideways Move, Battles Resistance at $1,600
On May 12, Bitcoin Cash (BCH) is fluctuating between levels $1,300 and $1,600. On the downside, if the bears break below the $1,300 support, the market will further decline to…
Read More »Banks Are Getting Increasingly Tough on Bitcoin and Other Cryptocurrencies Amidst Mainstream Adoption
About 86% of the central banks including Bank of America and the ECB, are busy delving into the development of CBDCs to defend their territories from the evasion of Bitcoin…
Read More »Ripple Consolidates Above $1.35 Support as Sellers Push to the Downside
Today, Ripple rebounded above $1.37 support as the altcoin resumed a fresh uptrend. The market has risen to a $1.45 high at the time of writing.
Read More »Revolut Users Will Gain Stronger Control of Their Bitcoins with New Withdrawal Feature
Revolut has rolled out cryptocurrency withdrawals to give its users the new option of transferring their digital currency. The feature allows withdrawals to private wallets outside of the Revolut ecosystem…
Read More »Ripple Faces Stiff Resistance at $1.70 High as Bears Attempt to Sink XRP to $1.00 Low
Since May 1, Ripple’s upward move has been facing stiff resistance at the $1.70 resistance zone. Today, XRP is declining after its rejection from the resistance zone. This may cause…
Read More »MasterCard: There is Increased Use of Digital Payment Technologies During Covid-19 Pandemic
According to the new research by MasterCard, it has been found that the use of digital payment technologies including mobile money (MoMo), Bitcoin and other cryptocurrencies have boosted especially during…
Read More »Bitcoin Struggles to Sustain Above $58,000 Support, Lacks Buyers at Higher Price Levels
Bitcoin price consolidates above $56,500 support after an unsuccessful attempt to breach the $58,000 resistance. Reclaiming the $58,000 support propels BTC price to resume upside momentum.
Read More »Fraudsters Are Flourishing Amidst Bitcoin Fever: 23 Scams Happen Daily
Scammers are taking advantage of the bullish market of cryptocurrency to steal money. Since the interest in bitcoin, as well as other crypto-assets, has grown, criminals discovered it as a…
Read More »Bitcoin Cash on the Verge of Breaching $1,200 Resistance, More Upside Momentum Imminent
Bitcoin Cash has been consistent in its bullish momentum as price broke above the minor resistance at $1,050. The current price surge is testing a resistance level at $1,100 which…
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