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Shiba Inu Cryptocurrency Analysis: Future Price Trends and Support Levels
The Shiba Inu cryptocurrency is currently hovering near a crucial Fibonacci support level, which could potentially determine its future price trend. Based on technical analysis, it appears that the value of Shiba Inu's project coin (SHIB) has been decreasing since hitting a high of $0.0000157 on ...
Shiba Inu (SHIB) Technical Analysis: Can It Rebound from Multiple Support Levels?
Shiba Inu (SHIB) has been making a recovery following a sharp 30% decline, and is currently attempting to rebound from several key support levels. A successful rebound would confirm that the correction is complete. Technical analysis indicates that the value of the Shiba Inu project coin (SHIB) ...
Bearish Signals for Bitcoin and BTCD Index Resistance Stumble
BTC is giving bearish signals Bitcoin's current technical analysis suggests a bearish trend as it breaks through the ascending upport line that has been present on the chart since the start of the year. This break may indicate a significant drawdown of BTC prices in the ne ...
FTX Exchange Managers Find $8.9 Billion Shortfall in Client Funds
The FTX cryptocurrency exchange managers recently discovered that only $2.7 billion out of the expected $11.6 billion were available in their customers' accounts. The temporary administration of FTX.com and FTX US performed an inventory of almost all associated wallets, revealing a significant sh ...
Analysis of Polygon Price and MATIC Correction in March 2023
The potential for a Polygon price surge is imminent, although it may be followed by a final dip that could mark the end of the MATIC correction period. As the native token of the Polygon network, which serves as a popular second layer scaling solution for Ethereum blockchain, MATIC has been subje ...
Silvergate Bank at Risk of Closure as it Struggles with Massive Sell-off of Assets and Debt
Silvergate Bank, a financial institution that provides services to major cryptocurrency companies, is in danger of closing down due to a significant sell-off of assets and an inability to repay debts. The bank's shares dropped by 28% to $10 in early March after it announced a delay in its annual ...
Solana Price Analysis: Is a Drop to $17.60 Inevitable?
Solana (SOL) Loses Momentum, It Will Only Get Worse Solana's (SOL) recent surge above the short-term resistance level was short-lived, indicating a potential early update of the lows for the cryptocurrency. A recent report by BeInCrypto shed light on the fact that the S ...
Bitcoin Forecast for March: Technical Analysis Points Towards a Correction
Bitcoin (BTC) is expected to undergo a correction phase after a prolonged period of growth, possibly lasting through the entirety of March and even beyond. Technical analysis of the weekly BTC chart paints an encouraging picture for several reasons. Firstly, Bitcoin has broken out of a long-term ...
Bitzlato announces the start of withdrawals after being accused of money laundering
Bitzlato Crypto Exchange Allows Depositors to Withdraw Funds After AML Services Mark Coins as High-Risk. On March 1, Bitzlato, a cryptocurrency exchange accused of money laundering by foreign law enforcement, announced in a Telegram channel that depositors can start withdrawing their funds. The ...
Thousands of Australians Face Huge Losses as Retirement Savings in Cryptocurrencies Plummet
As per the latest reports from Reuters, numerous Australians who invested their pension savings in cryptocurrency have faced huge losses amounting to millions of dollars. The losses are attributed to the self-managed pension funds (SMSF) that are not regulated by Australian prudential regulators ...
