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California named ‘most crypto ready’ US state

Source Node: https://cointelegraph.com/news/california-named-most-crypto-ready-us-state
Time Stamp: September 18, 2021 12:30 PM - Modified On: September 18, 2021 - Published By:
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California has emerged as the most crypto-ready jurisdiction in the United States thanks to the proliferation of cryptocurrency ATMs and growing interest in digital assets among the state’s population, according to new industry research from review site Crypto Head. With a score of 5.72 out of 10, California edged out New Jersey (5.44), Texas (5.28), Florida (5.03) and New York (4.29) in the crypto-ready index. The state’s point total was also 2.54 points higher than the national average. The results were tabulated using metrics such as crypto-related Google searches, the presence

The correlation between Bitcoin and S&P 500 has these implications

Source Node: https://ambcrypto.com/the-correlation-between-bitcoin-and-the-sp-500-has-these-implications/
Time Stamp: September 15, 2021 10:30 PM - Modified On: September 15, 2021 - Published By:
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The on-going corrections being witnessed in the U.S. stock market has managed to fuel in fear amongst people from the crypto space too. Even though they represent completely different spectrums of the financial landscape, both the markets have historically, maintained an on-and-off relationship. Source: TradingView Altering dynamics Interestingly, both markets have witnessed major bull and bear phases in synchronization. Earlier in March this year it was proved that the crypto space is not immune from big crashes witnessed in the traditional financial world. Right after that in April, it was

Litecoin: Is it time for the market’s buyers to take a breather yet

Source Node: https://ambcrypto.com/litecoin-is-it-time-for-the-markets-buyers-to-take-a-breather-yet/
Time Stamp: September 2, 2021 9:30 AM - Modified On: September 2, 2021 - Published By:
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Like most of its counterparts, Litecoin noted an increase in value on the back of Bitcoin’s push above $50k. The alt, which historically shares a strong correlation with the king coin, lined up seven straight green candles on the 4-hour timeframe. This was last seen in late May after Litecoin rallied from a near 4-month low. However, a resistance zone seemed to have the potential to trigger the next

Monero: Watch out for this key development before taking a position

Source Node: https://ambcrypto.com/monero-watch-out-for-this-key-development-before-taking-a-position/
Time Stamp: September 2, 2021 7:30 AM - Modified On: September 2, 2021 - Published By:
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Monero has traded within the confines of a descending channel for over a week now. A broader market rally seems to have been the missing catalyst in the XMR market as the price attempted to break north of its upper trendline. However, a few conditions have to be met first before a blowout can be expected. At the time of writing, XMR was trading at $306.16, up by 6%

Mapping out how Cardano’s next attempt to breach $3 might go

Source Node: https://ambcrypto.com/mapping-out-how-cardanos-next-attempt-to-breach-3-might-go/
Time Stamp: August 27, 2021 4:30 PM - Modified On: August 27, 2021 - Published By:
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Cardano has seen a healthy correction after a near 200% surge from its July lows. On the dip, ADA’s May ATH of $2.64 marked an ideal entry point for bullish traders and the charts recorded northbound momentum once again. On the downside, it was doubtful whether ADA would be able to sustain another bull run without a stronger correction. The RSI was close to the overbought zone and the

TA: Bitcoin Resumes Decline, Why BTC Could Dive To $45K

Source Node: https://www.bitcoinnewsminer.com/ta-bitcoin-resumes-decline-why-btc-could-dive-to-45k/
Time Stamp: August 26, 2021 11:38 PM - Modified On: August 26, 2021 - Published By:
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Bitcoin price failed to settle above $48,500 and corrected lower against the US Dollar. BTC is now facing many hurdles near $47,500 and $48,000. Bitcoin extended its decline and tested the $46,500 support zone. The price is now trading below $48,500 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $48,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its decline unless it clears the $48,500 level and the 100 hourly SMA. Bitcoin

Uniswap Fluctuates in a Tight Range, Attempt to Break $30 High

Source Node: https://coinidol.com/uniswap-fluctuates-tight/
Time Stamp: August 21, 2021 7:00 AM - Modified On: August 21, 2021 - Published By:
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Aug 21, 2021 at 11:00 // News Uniswap (UNI) loses its previous high as the altcoin picks up a new uptrend. UNI is approaching the $29.13 high at the time of writing. Uniswap (UNI) price long term forecast: bullish Uniswap price is rising to retest the $30 resistance level. It has peaked at $30 since August 11, but the bulls have been unable to sustain bullish momentum above the recent high. As a result, UNI fell to the previous low of $26.  Today, the altcoin is rebounding to reach the

Polkadot in a Sideways Move, Struggles Below $27 High

Source Node: https://coinidol.com/polkadot-27-high/
Time Stamp: August 21, 2021 5:14 AM - Modified On: August 21, 2021 - Published By:
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Aug 21, 2021 at 09:14 // News Polkadot's price has traded and retested the $27 price level twice. On the second retest, the price of DOT is fluctuating below the $27 resistance zone. The price consolidates above the $26 support and retests the resistance level. Traders believe that consolidation below a resistance level increases the chances of a breakout. Currently, a breakout is not possible as the altcoin is trading in overbought territory. The coin does not have enough room to move higher. Since August 7, DOT /USD has been

Regulations Need to Facilitate Crypto Demand, Says Brazilian Central Bank President

Source Node: https://beincrypto.com/regulations-need-to-facilitate-crypto-demand-says-neto/
Time Stamp: August 20, 2021 9:30 AM - Modified On: August 20, 2021 - Published By:
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Central Bank of Brazil President Roberto Campos Neto believes local regulations should facilitate investors’ demand for cryptocurrencies.Sponsored Sponsored “This comes out of a need that people have for payments to be very fast, open, secure, and have transparency in every sense,” Campos Neto said on Thursday at an event organized by Council of the Americas. The Central Bank President is confident that cryptocurrencies will have as large a role to play as instant payment platforms. Order and progress Campos Neto has made a concerted effort to enhance the technological savvy

US dollar downturn aids Bitcoin bulls before $50K BTC price showdown

Source Node: https://cointelegraph.com/news/us-dollar-downturn-aids-bitcoin-bulls-before-50k-btc-price-showdown
Time Stamp: August 11, 2021 12:00 PM - Modified On: August 11, 2021 - Published By:
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Bitcoin (BTC) challenged $46,800 on Aug. 11 as a weakening U.S. dollar added to bullish momentum.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Aiming for $50,000"?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $46,787 on Bitstamp Wednesday, a hair short of the previous day's peak.Fresh from voting day on the U.S. infrastructure bill, something which ultimately failed to move the market, Bitcoin showed no signs of bearishness as it returned to the door of major resistance beginning at $47,000.USD performance post bill on the day provided another potential catalyst

Litecoin Retraces as It Reaches the Overbought Region at $170

Source Node: https://coinidol.com/litecoin-overbought-region-170/
Time Stamp: August 10, 2021 7:22 AM - Modified On: August 10, 2021 - Published By:
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Aug 10, 2021 at 11:22 // News Litecoin (LTC) has been trading in the overbought zone for the past 48 hours. Sellers have emerged to push prices lower. Litecoin is falling as it breaks below the 21-day line SMA. A break below the moving averages will force the altcoin to fall to the $154 low. At the $154 support, the altcoin will resume its upward movement if the support holds. Otherwise, selling pressure will resume and the price will fall to the low of $146. The uptrend will resume if