After posting three consecutive months of gains, Rollbit Coin (RLB) suffered a dramatic reversal in September, with prices plunging 40% so far amidst declining trading volumes. With RLB hovering precariously near crucial support levels, investors are left asking whether this selloff marks a bottom or if the coin still has further room to fall in…
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A standout story in today’s crypto news reports hails from Turkey, where the former CEO of the now-folded Turkish cryptocurrency exchange Thodex has been sentenced to over 11,000 years in jail. Faruk Fatih Özer, who founded Thodex in 2019, received a staggering 11,196-year sentence along with his two siblings and a $5 million fine. In…
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Rollbit Coin (RLB) has been on an epic run since July, surging over 800% in a little over a month to post an all-time high of $0.2131 on August 2. However, after this parabolic ascent, gravity has taken hold as RLB has cooled off and entered a period of consolidation. For the past two weeks,…
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Speaking at the Kansas City Fed’s annual Jackson Hole economic policy symposium on Friday, Federal Reserve Chair Jerome Powell signaled the central bank is willing to continue aggressive interest rate hikes to curb high inflation. Powell put emphasis on the urgency of not letting up on bringing down inflation, currently at its highest in 40…
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Bitcoin’s daily relative strength index (RSI) has plunged below 20, reaching lows not seen since the March 2020 COVID-19 pandemic crash. This significant oversold reading is sparking discussion about a potential price rebound. With this in mind, what are the best cryptos to buy now? Historically, extreme oversold conditions on the RSI have sometimes preceded…
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The United States Federal Reserve announced on Tuesday an enhanced oversight program concerning lenders’ interactions with cryptocurrencies. This decision follows a string of measures from U.S. regulators designed to curtail banks’ direct involvement in cryptocurrencies. In light of this macroeconomic development, what are the best cryptos to buy now?… Read More: Best Crypto to Buy…
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