Blog — news

Another eventful week as we see the world responds to El Salvador's move to make Bitcoin legal tender. A lot of eyes are fixed on the bitcoin "death cross" where the 200 Moving average crosses above the 50 day moving average.  Major headlines: World Bank rejects El Salvador's requests for technical assistance for making Bitcoin legal tender Michael Saylor plans to raise an additional $1Bil to buy bitcoin at the dip (institutional buyers are still hungry) Iron Finance suffers rugpull/bank run HODLers are buying as BTC gets closer to a death cross US Republican party accepts crypto as campaign donations...

Another mixed week in the crypto space this week as we have a wide range of bullish and bearish news. The most notable news being El Salvador recently ratified a law to accept Bitcoin as legal tender.  =====Here are some news headlines this week===== El Salvador ratified law to accept Bitcoin as legal tender  Michael Saylor raises $500M (up from $400M) to buy bitcoin at the dip (institutional buyers are still hungry) Donald Trump calls Bitcoin "a scam" as it undermines USD Anonymous sends Elon Musk a stern warning and exposes Elon's hidden secrets Bitcoin from colonial pipelines hack recovered...

Is alt coin season starting? Is Bitcoin overextended? Should you take profits now or should you let it run higher? Find out what some of the most influential youtubers are saying: Datadash (Fundamental trader - Short term pullback) Alts doing well  BTC saw 20% correction before bouncing 10% BTC still 50% above 2017 ATH Institutional interest and FOMO Large farms could be taking profits Resistance line at 32.4k ETH close to breaking ATH Believes alt coins will have their season eventually. ETH has been making long term gains vs BTC over the last few months Once BTC liquidity trickles down to alts, it's...

XRP is tanking as a result of SEC lawsuit, what are crypto experts doing? The price of XRP has dropped by over 40% in the last two days and is not showing signs of stopping. For those who have XRP, should you sell at a loss or should you HODL? Here is what some of the most popular crypto YouTubers are saying: Datadash: XRP dumped 25-33% Not affected by XRP dump as he took profit after the fork Concerned about ALT Coin dominance affected ETH, LTC and UNI are all testing upper resistance line Chainlink testing higher lows and lower highs...

Bitcoin shot past 20k on its 3rd attempt at 20k and is currently trading a little shy of 24k. Fib retracement shows that 24k is one resistance level followed by the next resistance at 30k. YouTubers are divided on where the correction is going to take place. Traders like Alessio has price targets up to 24k (taken profits?)  and is waiting for it to correct while other youtubers are staying on to 30k.  Overall: watch out at 24k & 30k Some youtubers have taken profits already and are lining new buy orders at 20k (test psyc support) Alts are getting hit badly (Currently on sale)...