Here is how crypto is moving Bitcoin and altcoins have been on consolidation for the past few weeks. This trend has made investors uncertain about which way to invest as the market was choppy. However, things got clear on Monday morning (ET time) when Elon Musk tweeted that Tesla will accept payment using Bitcoin …
How crypto companies have been lobbying ex-officials The crypto world has faced unclear regulations in many countries of the world. An obstacle to growth and trust. People have wanted to do something in crypto but end up holding plans after news hit them that new regulations are coming. The Blockchain Association is working and …
Altcoins gaining stability Bitcoin has recently been the sick child in crypto. It has been on consolidation, moving between $31000 and $35,000. However, the price made a 15% daily increase on Thursday the 10th, a rare increase in a while. The price touching a support level at $31,000 but went up to $37,000 with …
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 …
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 …
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 …
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 regulations that have either attracted or scared away blockchain investors. Speculations that a government like …
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 …
Thinking of venturing into crypto? Here are some options 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 to over half the new high …
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 …
