A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30 years in prison. Crypto …
Read More »TA: Bitcoin Holds Strong At $31K, Why The Bulls Are Facing Uphill Task
Bitcoin price is stuck in a range below the $33,500 and $33,800 resistance levels against the US Dollar. BTC is likely to continue lower unless it clears the $33,800 resistance. Bitcoin retested the $31,000 zone and managed to stay in a range. The price is currently facing resistance near $32,800 …
Read More »Bitcoin Facing Uphill Task, Why BTC Could Drop To $30K Again
Bitcoin price is showing recovering signs above $32,000 against the US Dollar. BTC is facing an uphill task at $34,000 and it is likely to continue lower towards $30,000. Bitcoin is correcting higher from $28,865 and it is trading above the $32,000 resistance. The price is facing a strong resistance …
Read More »Bitcoin miners facing chip shortage amid skyrocketing demand
Bitcoin miners are scrambling to acquire more mining rigs as the global semiconductor shortage worsens. Source link
Read More »TA: Ethereum Facing Major Hurdles: Why 100 SMA Could Trigger Fresh Rally
Ethereum struggled to clear $1,150 and started a fresh decline against the US Dollar. ETH price is currently trading well below the 100 hourly SMA and $1,100. Ethereum is showing a few bearish signs after getting rejected from the $1,150 resistance zone. The price is now trading well below $1,100 …
Read More »TA: Bitcoin is Facing Uphill Task, Why Bears Could Gain Strength Below $19K
Bitcoin price broke the $19,200 resistance, but it is still struggling near $19,500 against the US Dollar. BTC could decline sharply if there is a clear break below $19,150 and $19,000. Bitcoin is struggling to gain bullish momentum above $19,400 and $19,500. The price is approaching the $19,150 support and …
Read More »Charted: Ripple (XRP) is Facing Uphill Task Near $0.63 and 100 SMA
Ripple started a fresh decline after it failed to clear the $0.6800 resistance against the US Dollar. XRP price is showing bearish signs below the 100 hourly SMA and facing many hurdles. Ripple started a sharp downside correction from the $0.6800 resistance against the US dollar. The price is now …
Read More »TA: Ethereum Facing Huge Hurdle At $400, Why Buyers Are Safe
Ethereum surged over 5% and it even spiked above the $400 resistance against the US Dollar. ETH price is struggling to clear the $400 resistance, but is remains well supported. Ethereum started a strong upward move above the $385 and $392 resistance levels. The price traded to a new monthly …
Read More »$10K Bitcoin Shows Resiliency Facing BitMex Drama, KuCoin Hack, And Now This
Bitcoin price is currently back over $10,500, holding on after a brief crash to under $10,400 on the heels of several pieces of extremely negative news. The recent news normally would be enough to send the crypto market collapsing, highlighting just how resilient support at $10,000 has been so far. …
Read More »Chainlink (LINK) Bulls Facing Uphill Task: Here’s Why $11 Holds The Key
Chainlink (LINK) started a strong upward move from the $7.32 low against the US Dollar. The bulls are now facing a strong resistance near $10.50, $11.00, and the 100 SMA (H4). Chainlink token price gained nicely above the $8.50 and $9.00 resistance levels against the US dollar. The price is …
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