Why Bitcoin Still At Risk of A Fresh Decline Below $29K

Bitcoin attempted a recovery wave above the $30,000 resistance against the US Dollar. BTC is struggling near $31,000 and might start a fresh decline. Bitcoin recovered above the $30,000 level but struggled above $31,000. The price is now well above the $30,000 level and the 100 hourly simple moving average. There is a key bullish trend line forming with...

Goldman Sachs’ Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It’s a ‘Very, Very High Risk’ – Economics Bitcoin News

Goldman Sachs Senior Chairman and former CEO Lloyd Blankfein has warned that companies and consumers should prepare for a recession in the U.S. He stressed that it’s a “very, very, high risk.” Goldman’s Blankfein Warns About a Recession Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s senior chairman, warned about an impending recession...

Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds

Bitcoin was recently trading above $31,000, up nearly 6% over the past 24 hours and more than 16% from the $26,600 depths it sank to mid-Friday. "Bitcoin did indeed face downward pressure that saw it losing the $30K support, but it did not fall below the 25K level," Joe DiPasquale, the CEO of crypto fund manager...

Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD – Bitcoin News

Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In addition to the tron purchases, the...

At Nationals Ballpark, Terra’s Bad Week Never Happened

Terra’s pricey Nationals sponsorship hasn’t made an impact on “Terra Club” workers and fans.

Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and Gemini – Bitcoin News

After the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend the UST’s $1 parity. On Friday, the blockchain intelligence and analytics firm, Elliptic, published a blog post that summarizes where the bitcoin was sent,...

SNL Takes Dig at Cryptocurrency Investors After Price Crash

Colin Jost and Michael Che, the longtime co-hosts of Saturday Night Live's Weekend Update, took aim at cryptocurrency investors in the most recent episode.Jost jokes that every recent news piece, including the collapse of digital money, sounds like the opening voiceover in the “Mad Max” movie.He then notes that Bitcoin, the world’s largest cryptocurrency, lost nearly...

Elon Musk Foresees Huge Use Cases For Dogecoin As He Champions DOGE As A Potential Currency ⋆ ZyCrypto

Advertisement &nbsp &nbsp Despite crypto prices going down the rabbit hole in yet the bloodiest month this year, Elon Musk has heralded Dogecoin, stoking proponents of the canine-themed coin. On May 13th, Dogecoin co-founder Billy Markus...

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