While a long-term chart indicator has just made a bullish call, bitcoin (BTC) is struggling to gather upside traction and looks vulnerable near the seven-week rising trendline support. In what was possibly going to gift bitcoin prices a lift, the 50-day moving average (MA) has crossed above the 200-day MA, confirming a golden crossover, a long-term bull market indicator. Continue reading Golden Cross Gives Little Relief as Bitcoin Risks Fall Below 2020 Bullish Trendline
The New York Supreme Court has ruled that the scope of the Attorney General’s investigation into Bitfinex and Tether Limited is too broad and needs a time limit. Continue reading Bitfinex Claims Victory as Supreme Court Gives Nod to Exchange & Tether
Wietse Wind, creator of the XRP tipbot, recently hosted an Ask Me Anything session on Twitter to answer questions about the funding they have received from Ripple’s Xpring. The session was moderated by the anonymous @XRPTrump. Continue reading XRP tipbot’s Wietse Wind hosts AMA; gives updates about Xpring’s Cold Storage OS and future of tipbot
The world is watching complete chaos in Venezuela, which is dire financial straits. Crypto investors who steered clear of a crypto offering peddled by the country’s president should be breathing a sigh of relief. Continue reading Venezuela Gives Maduro the Boot, Will This be the End of His Petro Cryptocurrency?