Bitcoin now a legal tender

Is it helpful? The president of El Salvador Nayib Bukele on Saturday declared plans to make Bitcoin as a legal tender in the Republic of El Salvador. The Central American country that speaks Spanish with an approximate population of over 7 million citizens, now has Bitcoin as one of its legal tenders. El Salvador …

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The May Crash

All you need to know about Crypto in May 2021 The fifth month of the year 2021 was an eventful one for the crypto world. There were rises and falls in my cryptocurrencies but generally, the falls were more than the rises. The market went all red, it reached a time when people thought …

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Bitcoin fails to break the resistance level

Ethereum bounces from $2,900 Bitcoin has been on a slow consolidation for the last two weeks. Yesterday it went up nearly $39,500. The price failed to break the $40,000 resistance and went back slightly. However, if the price breaks the $37,000 support level, then the price will dive deeper. The price is at the …

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Crypto Regulations

Why you need to consider them. Cryptocurrencies remain volatile and unregulated in many countries of the world. Some countries are still behind on cryptocurrencies therefore silent about the trade. Other countries are concerned about cryptocurrencies and they have made crypto regulations that have either attracted or scared away blockchain investors. Speculations that a government …

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Invest in Altcoins ?

Yes, please! Altcoins were never spared in the recent crypto downtrend. The crash almost made the world think that it was all over for Bitcoin and altcoins. Most cryptocurrencies faced over 50% retracement. Some altcoins like ADA were hard hit. Cardano lost 50% of its price in just one week. But altcoins have proved their …

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Crypto to buy this week

Thinking of venturing into crypto? Here are some options Crypto to buy this week – The crypto world has faced a huge downtrend for the past week. Bitcoin has taken the lead in the price decline. Bitcoin lost grip of its price after hitting an all-time high of $64,000 before it went to crash …

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New week, profits getting dipped

Bitcoin and Ethereum still on the dip After another week of anticipation and trending the harsh tag #buythedip on Twitter and other platforms of discussions, things don’t seem to take the right direction. On the 23rd of May 2021, the price of Bitcoin went below $32,000. This dip marks a 50% retracement from the …

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Bitcoin breaks the support level

Why bears still looking hungry Bitcoin has been red and is still dipping. The prices have gone from highs of $64,000 to an incredible price of less than $40k on Wednesday 19th 2021. Bulls couldn’t hold the prices at $40,000 and $40,500. These technical indicators would have been the reason for a break out …

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All Red, Crypto cry

Crypto facing a downtrend, Bitcoin leading The crypto world has in the last few days faced a crash where the major currencies have all gone from green to red. Bitcoin, which tops the list has had the biggest dip where it went back to less than 50k after a consolidation between 54k and 58k …

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Altcoins season is here

Altcoins are taking over! For over 3 weeks now Bitcoin has been on consolidation after an all-time high of $63,000. The price went to below $50k, it stayed for a few days before it made a rally to a price above $58,000 but has never broken the new high. Bitcoin has been struggling, going …

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