Why a $50K-retest is likely ahead of Friday’s US jobs data

The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, a psychological... Read more »

Bank of America outlines 4 potential benefits of El Salvador’s Bitcoin strategy

Bank of America, one of the nation’s largest financial institutions based on total assets, believes El Salvador could have a lot to gain with its latest foray into Bitcoin (BTC). In a... Read more »

Ethereum exchange flow is falling, what does this mean?

Data compiled by Chinese journalist Colin Wu shows a sharp drop over the weekend in Ethereum reserves held on exchange wallets. The trend has continued downwards over the course of this week,... Read more »

$31.5K Bitcoin price on track for lowest weekly close of 2021

Bitcoin (BTC) was on track to lose nearly $3,000 this week as a weekend of mixed price behavior came to an end. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader hopes for... Read more »

Ethereum price dragged down below $2K as US inflation hits highest level since 1991

Ether (ETH) perhaps had the most bullish outlook entering the July session, with a key technical update dubbed EIP-1559, promising to make its native token ETH scarcer through the network’s first-ever burning... Read more »

Bitcoin dips below $33K as shorts spike, trader warns of ‘violent’ BTC price squeeze

Bitcoin (BTC) fell back below $33,000 support on July 12 as a familiar cocktail of low volumes and mounting shorts pressured price action.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Shorters fail... Read more »

Fed Vice Chair Quarles Says Digital Dollar Could Pose Significant Risks to US Banking System

The Federal Reserve’s vice chairman of supervision and the chair of the Financial Stability Board (FSB), Randal K. Quarles, doubts the benefits of the digital dollar but says it “could pose significant... Read more »

SHIB vs. DOGE – Which One Is The Top Dog?

The cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) have made huge gains in 2021. In fact, both of these digital assets have outshined a great number of cryptos as far as percentage... Read more »

Rich Dad Poor Dad’s Robert Kiyosaki Suggest Crypto Investors to Buy the Dip

Famous author and investor Robert Kiyosaki has once again pushed for investors to buy bitcoin now that the price of the cryptocurrency has fallen sharply from its record highs. He sees the... Read more »

What DeFi needs to do next to keep institutional players interested

The last few months’ frenzy of institutional money flowing into Bitcoin (BTC) has seen crypto hitting the headlines — at the least as a novelty asset, at the most as a must-have.... Read more »