Bitcoin Approaches $50,000 Support, May Face Deeper Correction
On April 20, Bitcoin bulls failed to overcome the resistance at $57,000. Consequently, the BTC price slumped to $54,500 low. Buyers responded by pushing the BTC price to the previous…
Opolis Commons launches $WORK ‘community patronage’ token
Denver-based digital employment cooperative Opolis recently announced that it will now have a native “community patronage token” for its platform.Opolis is a digital employment cooperative established to provide a public…
MVIS CryptoCompare DeFi 20 Index, Which Includes $LINK and $UNI, Up 391% in 2021
MV Index Solutions (MVIS), a subsidiary of global investment manager VanEck, in partnership with CryptoCompare, a leading provider of digital asset data, launched the MVIS CryptoCompare DeFi 20 Index (Bloomberg ticker: MVDEFI) on…
Veteran Trader Peter Brandt: Bitcoin’s Price Correction Is ‘Very Mild Historically’
Peter L. Brandt, who is one of the world’ most respected classical chartists and commodity traders, says that Bitcoin’s most recent price correction is “very mild” when compared to historical…
Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency
Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper…
China’s Central Bank Regards Bitcoin as an ‘Investment Alternative’
Li Bo, deputy governor of the People’s Bank of China (usually abbreviated to “PBoC” or “PBC”) recently called Bitcoin ($BTC) an “investment alternative.” According to a report by The Block,…
Coin Bureau: Ethereum ($ETH) Price Could Be ‘Above $4,000 by the End of July’
In a recent video, pseudo-anonymous crypto analyst and influencer “Coin Bureau” (“@coinbureau” on Twitter) explained why Ethereum ($ETH) is “so valuable.” According to a report by The Daily HODL, he said:…
