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Bitcoin Analysis: Next Target Is $77K?

1 Dec 2021 3 minute read 1 comment FX Empire

Bitcoin was able to recover after an extreme decline on November 26, 2021. BTC was able to regain almost all of the losses and looks like it is getting prepared for another bullish run.   The news about the spreading of a new COVID19 variant hit the...

ETH Probing Key Downtrend, Breakout To ATHs Soon?

30 Nov 2021 2 minute read 0 comments FX Empire

ETH is currently probing a key downtrend, a break above which could see a push back to record highs. After tumbling to fresh monthly lows at $3917 last Friday in tandem with a broad crypto market sell-off, which took its cue from downsid...

Bitcoin Bears Pulled Off The Drop: Has Rally To $90k Started!?

30 Nov 2021 2 minute read 0 comments FX Empire

Fast forward, and BTC dropped below the trigger level the very day after I shared my update and reached $53,332 yesterday. Bingo?! With the rally over the past several hours, it sure looks that way, so let us have a look at the charts. Over t...

Is the Crypto Market Dip Over?

30 Nov 2021 1 minute read 2 comments FX Empire

With Bitcoin and other crypto assets price staging a recent recovery, is the current market dip over? It has been a wild month for cryptocurrencies so far. With Bitcoin reaching a new all-time high early in November, other cryptocurrencies soon foll...

After the Bull Run: Seismic Bitcoin Crash on the Horizon?

29 Nov 2021 2 minute read 0 comments FX Empire

It’s been a rollercoaster year for Bitcoin – and perhaps one of the most tumultuous 12 months in the coin’s history. 2021 saw all-time highs broken throughout the year followed by a series of harsh corrections. Today, as we head towards...

Rise of DAOs: Just Hype or Profitable Industry in the Making?

28 Nov 2021 1 minute read 1 comment FX Empire

ConstitutionDAO and other decentralized autonomous organizations are now in the mouths of the crypto enthusiasts who are actively talking about this relatively brand-new concept. The concept of a decentralized autonomous organization (DAO) recently g...

BTC and ETH Dip as Covid Variant Fears Affect Financial Markets

27 Nov 2021 1 minute read 2 comments FX Empire

The broader cryptocurrency market has recorded further losses due to the new Covid variant, and BTC and ETH are trading in the red zone. A new coronavirus variant was recently discovered, and the news has sent shocks through the global financial mark...

Universal Music Catches NFT Fever, Joins Bored Ape Metaverse Label

26 Nov 2021 1 minute read 1 comment FX Empire

Music NFTs have now been thrust into the limelight. NFTs are catching on like wildfire as projects and creators alike continue to move the needle on innovation. Much of their popularity has to do with the Bored Ape Yacht Club, which is o...

How Layer-Two Solutions Can Help Solve Blockchain Trilemma

26 Nov 2021 4 minute read 1 comment FX Empire

Blockchain technology has undoubtedly been one of the most innovative and transformational technologies of the past few years. Along with concepts like artificial intelligence and cloud computing, blockchain offers the ability to store and...

Bitcoin Squeezed Within Bearish Flag, Break Lower to 53K in the Cards?

25 Nov 2021 2 minute read 0 comments FX Empire

Bitcoin is being squeezed within a bearish flag, with support in the mid-55,000s holding for now, but the risk of a bearish breakout growing. Bitcoin (BTC/USD) has spent the last week consolidating within a bearish triangle formation. To the downsid...