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Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions

The Venezuelan Government has approved a new tax that would affect transactions made in foreign currency and cryptocurrency transactions. Approved by the National Assembly of the country, the tax, called…

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Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound

Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom.

Continue ReadingEthereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound

Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints

The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation…

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Bottom ahead? Solana paints its first ‘death cross’ as SOL losses 50% in January

Recently, death crosses between the 50-day and 200-day exponential moving averages have acted as a reliable predictors of bottoms.

Continue ReadingBottom ahead? Solana paints its first ‘death cross’ as SOL losses 50% in January