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In a recent report, investment banking firm Morgan Stanley has cast doubt on the idea that Bitcoin will be able to successfully navigate through its ongoing energy requirement controversy. As Bitcoin has continued to grow, significant concern has arisen about the substantial energy use required to support the network. Because Bitcoin relies on a method called proof-of-work … [Read more...] about Morgan Stanley Doubtful Over Bitcoin Energy Challenges

Technical Analysis For Bitcoin Today: February 16, 2022 BTC Charts Short, Mid & Long Important Information White Sloping Line with Arrows-Sloping Support validating Uptrend! Price needs to stay above White Lines no matter what to stay Bullish! If Price ever breaks below White Line, Price & Trend will most likely go Bearish! Red Line-Sloping Resistance, this is … [Read more...] about Bitcoin Charts Short, Mid, and Long (Break Outs)

Nearly every cryptocurrency across the board saw a relative peak on Thursday, followed by a sudden drop overnight and a slump to a low on Sunday, and a gradual recovery. Signs point to a bullish market over the next week with marked recovery. Bitcoin (BTC) While recent recovery has had many investors optimistic for Bitcoin’s price, the last week has seen a drop from $45,000 … [Read more...] about Technical Analysis. BTC, ETH Recovering From Thursday Drop

On Monday, crypto and crypto derivative exchange FTX announced that they have successfully raised $400 million in additional venture capital. The capital came from a wide variety of large investors, including Tiger Global, SoftBank, and Paradigm. With this latest round of investing, FTX is now valued at $32 billion, placing it among the fastest-growing start-ups in the crypto … [Read more...] about FTX Exchange Hits $32 Billion Valuation

On Thursday, popular stock-trading platform Robinhood released their fourth-quarter financial report and also their full 2021 results. Along with these details, the company released a statement regarding the planned international rollout of its crypto trading platform in 2022. At present, Robinhood crypto is only available in the United States. The platform allows traders to … [Read more...] about Robinhood Set to Rollout Crypto Platform for International Users