How to Prognose the Next Big Move of Bitcoin Price

Do you want to know the next price that BTC will achieve? It’s crucial to make a solid plan before you buy bitcoin, to understand your potential ROI, and hence, determine the best entry and exit price, especially if you use leverage.However, how can you predict the Bitcoin price action? Even though it’s impossible to have a crystal ball that …

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DeFi100 scam of $32 milion that left investors shcoked turned out fake

The cryptocurrency market was taken by storm when Decentralized Finance, a blockchain-based finance currency announced on the website that it scammed investors worth $32 Million. Later, a clarification was released by DeFi100 that it has not duped investors but the website was hacked. DeFi100 is a famous cryptocurrency project like Bitcoin. We covered its features in our earlier post. Reports …

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Bitcoin

Technical Breakout Suggests BTC Could Rally Above $40K

Bitcoin price is holding gains above the $38,000 pivot level against the US Dollar. BTC is signaling more gains above the $40,000 resistance zone in the near term. Bitcoin is showing positive signs above the $37,000 and $38,000 resistance levels. The price is trading nicely above the $37,000 zone and the 100 hourly simple moving average. There was a break …

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More Americans have heard of Dogecoin than Ethereum: Survey

In just over five years since it launched, Ethereum introduced the world to smart contracts, decentralized finance, yield farming and non-fungible tokens, and has long stood just behind Bitcoin as the second-largest blockchain project by market capitalization.Dogecoin (DOGE) is a meme cryptocurrency which has provided no innovation, has no real raison d’etre, and is only popular because it became the plaything of …

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How can crypto mining impact world environment?

One of the major problems with cryptocurrencies is the environmental impact that digital transactions have on the planet. The method of bitcoin mining is energy-intensive involving heavy usage of fuels like coal. China contributes to fossil emissions of roughly 40% due to the usage of coal compared to its total usage of energy for bitcoin mining.1 Many people are concerned …

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Building The Case That The Bitcoin Bottom Is In

Bitcoin price is back at $37,000, recovering from a frightening plunge to as low as $30,000. The selloff struck fear into the market unlike never before, making buying the dip a scary risk to take. However, there’s several signs that the bottom could be in, all while sentiment has turned fully bearish and the market expects far deeper lows. Could …

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Bitcoin

Here’s Why BTC Could Struggle To Surpass $37K

Bitcoin price tested the $30,000 support and it is now recovering higher against the US Dollar. BTC is likely to face a strong selling interest near $37,000 and $38,000. Bitcoin extended its decline and it even traded close to the $30,000 support. The price is now well below the $38,000 resistance and the 100 hourly simple moving average. There is …

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