Bitcoin price has once again started to climb, surpassing the $70,000 resistance level. The bulls have successfully pushed the price above $72,000, showing strong momentum towards the $75,000 mark. The current trading price is above $71,500 and is supported by the 100 hourly Simple Moving Average. There is a visible short-term contracting triangle forming with
Solana is currently experiencing a bullish momentum as it surpasses the $150 mark. The price of SOL is showing positive signs and there is potential for it to even exceed the $162 resistance in the near future. The recent increase in SOL price started from the $138 support against the US Dollar. It is now
The Biden administration recently unveiled its proposed budget for the year 2025, which includes provisions aimed at regulating digital assets. These proposed measures are anticipated to result in an additional $10 billion in tax revenue by 2025. The main objective of these regulations is to close existing loopholes that have allowed wealthy crypto investors to
Bitcoin, the world’s largest cryptocurrency asset, has recently reached a new price milestone by exceeding its previous all-time high (ATH) of $69,000. This accomplishment, which happened almost three years ago, has sparked enthusiasm among crypto enthusiasts and experts who are optimistic about Bitcoin’s future price movement. The positive forecast for BTC, shared by cryptocurrency analyst
China’s Shandong Province has taken a major step towards embracing digital currency by introducing a digital yuan loan program for entrepreneurs. This initiative aims to integrate digital currency into regional business practices, making it easier for small businesses to access capital. Streamlining Access to Capital The capital city of Jinan in Shandong Province recently facilitated