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Bitcoin’s Hash rates Spikes Even After China’s Bans Crypto

15 Oct 2021 3 minute read 0 comments FX Empire $0.54

The Bitcoin hash rate has experienced a substantial hike recently. The spike was significant, having hit 177.5 EH/s on the 2nd of October 2020. The figure is so substantial that it is as close to the all-time high (ATH) hash rate of 198.5 EH/s as it...

NFT Space Will Get More Competitive As Coinbase And Others Enter The Game

14 Oct 2021 1 minute read 0 comments FX Empire $0.51

Coinbase has joined the likes of Binance and FTX in launching an NFT marketplace, with the sector expected to experience further growth in the coming months and years.   The nonfungible token (NFT) space is experiencing massive growth at the moment,...

Bitcoin Price Prediction – Bears Target Return to Sub-$53K as Bulls Falter at $57K

14 Oct 2021 1 minute read 2 comments FX Empire $0.61

It’s been a choppy morning for Bitcoin and the broader market. A Bitcoin return to $57,000 levels would be needed else face a fall back to sub-$53,000…   After a mixed day for Bitcoin and the broader market on Tuesday, it’s been a broadly bearish mo...

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 13th, 2021

13 Oct 2021 3 minute read 0 comments FX Empire $0.30

After a bearish Tuesday, failure to revisit Tuesday’s highs would leave the majors under pressure.       Ethereum Ethereum fell by 1.46% on Tuesday. Partially reversing a 3.74% gain from Monday, Ethereum ended the day at $3,490.61. A mix...

Ethereum Elliott Wave Analysis – Eyes Higher

13 Oct 2021 1 minute read 0 comments FX Empire $0.13

ETHUSD intraday still looks corrective within wave 4, so we may see another jump for the 5th wave.     Talking about Crypto market generally, ZILUSD is one of examples of what to expect in the Crypto market. As you can see, ZILUSD can be still...

Bitcoin Strong Odds In Play Amid Overbought Signal

12 Oct 2021 1 minute read 1 comment FX Empire $0.58

Apart from Bitcoin hitting near-term overbought levels, the past few days have seen a slight increase in spot exchange reserves as short-term investors began to take profit. It is a cautious signal for the near term, but reserve levels remain low.  ...

Best Stocks, Crypto, and ETFs to Watch This Week

11 Oct 2021 1 minute read 3 comments FX Empire $0.38

The smart trade on Bitcoin could be to the downside in coming weeks, but don’t sell short too early.       Third quarter earnings season starts this week, with reports from Delta Air Lines Inc. (DAL) and a host of commercial banks that incl...

Mike Novogratz: ‘Bitcoin to Take More of Gold’s Market Cap’

11 Oct 2021 1 minute read 1 comment FX Empire $0.43

The Galaxy Digital chief believes it’s only a matter of time before bitcoin catches up with the precious metal.     Now that the bitcoin price is back above $50,000, cryptocurrencies are in the limelight once again. A risin...

US-Listed Mining Firms Are Holding Over $1 Billion In Bitcoins

10 Oct 2021 1 minute read 0 comments FX Empire $0.76

US-listed mining firms are currently hoarding Bitcoins worth more than $1 billion in anticipation of the cryptocurrency’s price soaring in the fourth quarter of the year.   Corporate entities are starting to hold more Bitcoins on their balance sheet...

What Factors Led to Bitcoin’s Recent Rally?

10 Oct 2021 3 minute read 0 comments FX Empire $0.74

This piece will discuss the numerous catalysts that have propelled BTC back over $50,000 and if or how they differ from the rally that led to the all-time high being hit this Spring.   First, we will discuss the excitement of...