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Cambodia to Erase US Dollar Hegemony with Project Bakong

Cambodia’s central bank is working towards widespread adoption of its central bank digital currency (CBDC) with the ultimate aim of eliminating the US dollar hegemony in the country. Project Bakong to Eliminate USD Dependence Speaking to Nikkei Asia, the director-general of the National Bank of Cambodia (NBC) Chea Serey, noted that Project Bakong has witnessedRead More дальше »

2021-8-7 17:00


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Bitcoin Tests a Critical Resistance Following Overnight Rebound; What’s Next?

Bitcoin has seen some massive momentum throughout the morning that has allowed it to erase a good portion of the losses that came about due to yesterday’s plunge This selloff marked capitulation amongst investors, with many clearly fearing that the multi-month uptrend that led BTC to highs of $42,000 was over and that a deep […] дальше »

2021-1-22 19:00


Ethereum is Poised to See an Explosive Surge to $850 as Strength Mounts

Ethereum has seen some wild price action over the past few days, with its bulls moving to erase its pattern of underperformance that has plagued its price action The crypto is now sitting firmly above $730 and may be positioned to see even further upside in the coming days This rebound seen against its USD trading pair has also come as it shows subtle signs of strength against BTC as well Weakness on ETHBTC has […] дальше »

2020-12-29 23:00


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Here’s the Bitcoin Price that “All the Key Levels” are Currently Pointing To

Bitcoin and the aggregated cryptocurrency market are currently pushing higher, with bulls moving to erase all of the losses that came about as a result of the recent selloff The selling pressure seen around its all-time highs in the mid-$19,000 region was unsurprising, but it may not hold strong during the next test of this level Traders believe that today’s rebound may not last for too much longer, with the selling pressure in the lower-$18,000 […] дальше »

2020-11-30 01:00


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Bitcoin Could Be Mirroring This Extremely Bullish Gold Fractal from the 1970s

Bitcoin is currently caught within a strong upswing following its recent selloff Bulls are pushing the crypto towards $18,000 as they move to erase its recent losses Where it trends next will depend largely on how sustainable this ongoing move higher is One investor is now noting that a gold fractal from the 1970s seems to indicate that this selloff could be followed by a powerful push higher in the days and weeks ahead Bitcoin […] дальше »

2020-11-29 01:00


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Can Bitcoin (BTC) price hit fresh record highs in December?

Bitcoin (BTC) price rose to the highest mark in nearly three years on Wednesday before correcting lower on Thanksgiving to erase previously weekly gains. Fundamental analysis: New record highs eyed Crypto investors witnessed a strong move higher in Bitcoin price thanks to being perceived as a safe-haven against inflation and driven by expectations of mainstream adoption. дальше »

2020-11-28 17:01


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This Fractal Suggests Ethereum is About to Enter a Parabolic Growth Phase

Ethereum has been caught in the throes of an intense bull trend throughout the past few days and weeks, which has helped erase its trend of underperformance Where the cryptocurrency trends in the days and weeks ahead will depend largely on Bitcoin and whether or not it can remain stable in the mid-$18,000 region Each selloff faced by the benchmark crypto has been fleeting and followed by upside, which is a bullish trend One trader […] дальше »

2020-11-24 23:00


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Bitcoin Likely to Retest Highs as Bulls Erase Yesterday’s Losses

Bitcoin is seeing some immense strength today as its price rallies past $15,000 once again The cryptocurrency has been struggling to hold above this level after it faced an intense influx of selling pressure at $16,000 The rejection here wasn’t too intense, however, as Bitcoin’s latest pullback was short-lived and followed by immense upside Where it trends next will likely depend largely on how strong of support bulls can build at $15,000 If it breaks […] дальше »

2020-11-9 19:31


Here’s What May Have Caused Bitcoin to Nosedive into Its Key Support

Bitcoin saw a nosedive that caused it to erase all of yesterday afternoon’s gains as a result of the intense selling pressure around $13,800 This level marks the cryptocurrency’s 2019 highs, and a continued bout of trading at this level could confirm this as a local top It is important to note that BTC has found support above $13,200, which is a positive sign suggesting that upside is imminent The resistance here isn’t the only […] дальше »

2020-10-29 02:00


This Trend Suggests Bitcoin is Extremely Bullish Despite Recent Selloff

Bitcoin saw a strong overnight selloff that caused its price to erase most of the gains incurred throughout the past couple of days This selloff came about at a crucial resistance level, with the selling pressure at $13,800 proving to be significant This is a historical level, as it is where BTC rallied to before facing a strong rejection in the summer of 2019 The rejection here was grave, but the cryptocurrency still has multiple […] дальше »

2020-10-29 21:00