Swiss-based bank and financial services provider UBS Group AG looks to be the next to enter the fold. Reports released to start the week state that the banking behemoth is considering several different alternatives to offer digital currency investments. UBS Joins The Club The news comes not long after major US-based firms, such as Goldman…
Ethereum reached highs over $4,000 today and Bitcoin made another attempt at over $59,000. Within a two-hour window, more than 10% of recent gains were wiped out sending Ether back below the key level and Bitcoin tumbling lower. Is this a sign of a reversal in the making, or are these powerfully trending assets simply…
Ethereum is ripping, now well above $4,000 per ETH and in full price discovery mode. But with no obvious resistance levels, how can anyone prepare for when the trending altcoin runs out of steam and eventually reverses? Technical analysis indicators, as well as fundamental tools are two possibilities, however, simple mathematics could also play an…
Bitcoin price remained well supported near the $56,000 support zone against the US Dollar. BTC is rising and it may soon break the key $60,000 resistance zone. Bitcoin found support above $56,000 and started a fresh increase. The price is now trading well above the $57,500 level and the 100 hourly simple moving average. There…
Bitcoin re-tested resistance on its way up to $60,000 and was pushed back to support. At the time of writing, BTC trades at $57,500 with sideway movement in the lower and higher timeframes. BTC is moving sideways in the daily chart. Source: BTCUSD Tradingview Anonymous trader IncomeSharks has set support at $53,000 with $59,000 as…
Bitcoin price started a fresh increase above the $56,500 resistance zone against the US Dollar. BTC is now approaching a major break, with a major hurdle near $60,000. Bitcoin is showing positive signs above the $56,500 and $58,000 resistance levels. The price is now trading well above $58,000 and the 100 simple moving average (4-hours).…
Former Central Intelligence Agency (CIA) computer consultant Edward Snowden talked in the Ethereal Virtual Summit 2021. The main subject, Privacy Coins, NFTs, decentralization and its relationship with freedom. A clip of the Summit was shared by Alex Gladstein, Chief Strategy Officer (CSO) for the Human Rights Foundation and Oslo Freedom Forum, via his Twitter account.…
Bitcoin has reclaimed the high area around the $50,000. In the meantime, indicators are turning bullish as the cryptocurrency could be preparing for another leg-up into uncharted territory. At the time of writing, BTC trades at $57,654 with a 3.1% profit in the daily chart. In the weekly chart, BTC has a 7.5% profit with…
U.S. financial services firm Citi considers offering Bitcoin services following a flood of interest from its clients. The firm is one of many banks that has warmed to cryptocurrency in recent times. Although Citi has only signaled an interest at this time, a new custody initiative backed by Fidelity could soon see hundreds of U.S.…
Coinbase, the largest exchange in the United States, has been the site of several big Bitcoin buy-ins this year. Recent reports show sudden transfers of more than 10,000 BTC to private wallets are not uncommon, but they do show a preference to store Bitcoin for the long term rather than hold it close to a…