THE DAILY ENCRYPT

[date-today format='F j, Y']

admin

TA: Why Ethereum Needs To Clear $2,650 For Hopes of a Fresh Rally

Ethereum extended decline below the $2,525 support zone against the US Dollar. ETH price remained bid near $2,500 and currently attempting an upside break. Ethereum is still struggling to clear the $2,600 and $2,625 resistance levels. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a key bearish …

TA: Why Ethereum Needs To Clear $2,650 For Hopes of a Fresh Rally Read More »

MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals

Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of the European Parliament are now targeting “unsustainable” cryptocurrencies. New MiCA Paragraphs Call for Subjecting

red and blue boke lights

TA: Bitcoin Consolidates Above $37.5K, Why BTC Could Nosedive

Bitcoin is trading in a bearish zone below $39,000 against the US Dollar. BTC could accelerate lower if it continues to struggle below $39,500. Bitcoin is showing bearish signs below the $40,000 and $39,000 levels. The price is trading below $39,500 and the 100 hourly simple moving average. There is a crucial bearish trend line …

TA: Bitcoin Consolidates Above $37.5K, Why BTC Could Nosedive Read More »

network, earth, blockchain-3537389.jpg

Abra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000

Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive. Abra’s CEO Predicts Ethereum Price The CEO of crypto trading platform Abra, Bill Barhydt, shared his thoughts on why he is more bullish about Ethereum than