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The United States Treasury Department Outlaws the Crypto Mixer, Tornado Cash

Aug 09 2022 @ 03:21
On August 8, the United States placed a ban on the Ethereum crypto mixer known as Tornado Cash. The ban which makes it illegal for US citizens to use their platforms is based on allegations of aiding cyber crimes. The US Treasury department claims that the platform is a haven for North Korean government-aided hackers […]
 

It Is a Bull Season for Binance Coin

Aug 08 2022 @ 03:45
The BNBUSD is apparently on a bullish market trend as we can observe the candlestick actions with higher lows. The price broke the $320 resistance level on the 8th of August. And currently, it is priced at $329. The market shows the prospect of a further increase in value. The candlestick that ended 31st day […]
 

Rolls-royce Holdings Plc: RR. to continue its collapse

Aug 07 2022 @ 21:01
Rolls-royce Holdings Plc shares (LSE:RR.) are expected to continue collapsing, owing to the ongoing sellers effort. The market is trendless in the long-term and weak in the short-term. The ADX period 14 is below the level 20, denoting low volatility in the market. However, the volatility may rise again very soon as the ADX line […]
 

Bitcoin on the Rise, but Held up at Around $24,000

Aug 01 2022 @ 05:46
After some times of struggling at around $20,000 (even falling slightly below it), BTCUSD has made some impressive upward movements. Bullish market activities have taken the price to around $24,000. On the 28th of July, Bitcoin closed with a price at $23,954. The two days that followed was an intense struggle between buyers and sellers, […]
 

The Bitcoin Discount Store

Jul 28 2022 @ 01:13
Recently I went shopping at a gas station where everything was 75% off. I’m not in the habit of shopping at gas stations, because I drive a Tesla (which, incidentally, I bought with bitcoin). One of the great things about owning an electric car is you no longer have to worry about gas prices. It’s enormously […]
 

Annual Forecast for Ethereum (2022)

Jul 26 2022 @ 07:16
Ethereum – ETH price (COIN:ETHUSD) is a huge bear market, which has started since 2021, and would continue till 2024. The best line of action to follow here is to sell and sell short. 4 EMAs are used for this analysis and they EMAs 10, 20, 50, and 200. The color that stands for each […]
 

Solana Struggling to Gain Balance

Jul 24 2022 @ 17:21
Between June and July SOLUSD has had a series of short-term rises and falls. It had its highest value at $42.4850 on the 6th of June. Then it had a series of swings; dropping to the lowest point of $28.535 on the 13th of June. As of today, the price holds at $41.535. A bearish […]
 

Struggle Continues For XRPUSD

Jul 18 2022 @ 05:29
Since 15 July, we notice an impressive movement in the market, favouring the bulls, as price action performs above moving average curves. The 20-day moving average and the 9-day moving average are both below the activities of the price action. This indicates that the ripple is in an uptrend movement.   Support: $0.56793, $0.46731, $0.33491 Resistance: $0.33359, […]
 

A Top Crypto Mining firm is Forced to Sell 79% Of Its Bitcoin To Settle Debt

Jul 12 2022 @ 04:51
‘Core Scientific’, a large mining firm, is forced to sell out tokens which the firm mined in June. Core Scientific is one of the world’s leading mining firms with over 180,000 servers around the globe, which account for 10% of the world’s crypto mining computing power. It needed to settle some debt and purchase new […]
 

The Meaning and Importance of Tokenomics

Jul 10 2022 @ 17:11
As the name may imply, Tokenomics is a blend of token and economics. Tokenomics studies the economics of tokens. It is an all-inclusive and broad term used to cover all the factors that make cryptocurrency attractive to investors. It includes the supply and demand of the tokens, management, allocation, regulation, distribution, incentives, and many others. […]
 
 
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