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Tag Archives: Drop

TA: Why Bitcoin Price At Risk of A Fresh Drop To $54.5K

Bitcoin price failed to gain strength above the $60,000 resistance against the US Dollar. BTC is showing a few bearish signs and it could decline towards $54,500. Bitcoin struggled to clear the $60,000 resistance and it declined below $58,000. The price is now trading well below $58,000 and the 100 …

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Today 11:40 am EST: First Bitcoin Elite NFT Art Drop

Tonite is a special drop, as it is the launch of The Bitcoin Elite NFT series, which starts with a new creation via a VESA piece titled The Foundation. You can still join the session via https://www.thebitcoinelite.com/ Alternatively, follow the live feed of purchase and the auction of the 1/1 …

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Why Bitcoin Price Remains At Risk of A Fresh Drop To $36K

Bitcoin price surged above the $0,000 level before started a downside correction against the US Dollar. BTC is now testing a major support at $38,600, below which it could decline to $36,000. Bitcoin climbed above the $38,000 resistance, but it struggled to stay above $40,000. The price is trading near …

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Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients as Remittances via Traditional Corridors Drop by 97%

The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that fail to comply. Banks Taking Immediate Action Immediately following the letter’s publication, …

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