Cryptocurrencies

The United States Treasury Department Outlaws the Crypto Mixer, Tornado Cash

09 Aug 2022 @ 18:21
On August 8, the United States placed a ban on the Ethereum crypto mixer known as Tornado Cash. The ban which makes it illegal for US citizens to use their platforms is based on allegations of aiding cyber crimes. The US Treasury department claims that the platform is a haven for North Korean government-aided hackers […]
 

It Is a Bull Season for Binance Coin

08 Aug 2022 @ 18:45
The BNBUSD is apparently on a bullish market trend as we can observe the candlestick actions with higher lows. The price broke the $320 resistance level on the 8th of August. And currently, it is priced at $329. The market shows the prospect of a further increase in value. The candlestick that ended 31st day […]
 

Price of Luxury Watches Falls as a Result of Depression in the Crypto Market

02 Aug 2022 @ 19:21
Luxury watchmakers are expressing concerns as they are seeing a fall in demand for their products. This, resultantly, has made the second-hand market for luxury watches see an impressive price boom as they experience an almost 50% surge in prices. Luxury watchmakers such as Patek Philipe, Rolex, and German-based Chrono-24 are forced to go by […]
 

Bitcoin (BTC) Miner's Debt Reaches a Four-Year High

01 Aug 2022 @ 20:50
Miners of BTC have persevered with debt and elevated cost of operation due to the crashing crypto market. These have caused BTC Miner’s deficit to amount to a whooping year’s high, totaling up to 1.85 million BTC. Bitcoin networks have been up against lots of challenges, beginning with the Miner’s migration to China last year, […]
 

Bitcoin on the Rise, but Held up at Around $24,000

01 Aug 2022 @ 20:46
After some times of struggling at around $20,000 (even falling slightly below it), BTCUSD has made some impressive upward movements. Bullish market activities have taken the price to around $24,000. On the 28th of July, Bitcoin closed with a price at $23,954. The two days that followed was an intense struggle between buyers and sellers, […]
 

SEC Now Keeping a Watchful Eye on Kraken Exchange

28 Jul 2022 @ 21:31
Recently, it was Binance that came under the hammer of the SEC, but now it’s Kraken’s turn. Kraken’s information is currently being investigated. This is coming after the crypto exchange was said to have been caught defying the crypto rule placed on Iran. A statement released by New York Times revealed that Kraken has been […]
 

The Bitcoin Discount Store

28 Jul 2022 @ 16:13
Recently I went shopping at a gas station where everything was 75% off. I’m not in the habit of shopping at gas stations, because I drive a Tesla (which, incidentally, I bought with bitcoin). One of the great things about owning an electric car is you no longer have to worry about gas prices. It’s enormously […]
 

Annual Forecast for Bitcoin (2022)

26 Jul 2022 @ 22:50
Bitcoin – BTC price (COIN:BTCUSD) is a bear market, and the bearishness has started since 2021, and it is expected to last till the middle of 2024. Going long in the market will always be a suicide mission. Looking at the daily chart here, it can be seen that the major trend is bearish. Price […]
 

The CEO of Coinbase Reveals That Its Customer Base Will Grow to a Billion Users in Eight Years Time

26 Jul 2022 @ 22:47
Cryptocurrency investments are still a fantasy. However, this fantasy is growing as each day goes by. Bitget, Foresight Investors, and Boston Consulting revealed that if this image continues to grow, then in eight years’ time Coinbase will record a billion users on its platform. Following the market crash, non-crypto currency fanatics think that there is […]
 

Annual Forecast for Ethereum (2022)

26 Jul 2022 @ 22:16
Ethereum – ETH price (COIN:ETHUSD) is a huge bear market, which has started since 2021, and would continue till 2024. The best line of action to follow here is to sell and sell short. 4 EMAs are used for this analysis and they EMAs 10, 20, 50, and 200. The color that stands for each […]
 
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