Podcast: Embed
Ethereum Prints Bullish Breakout, Why Dips Turn Attractive
Ethereum(ETH) was able to extend its rally above the $3,500 resistance zone against the US Dollar. ETH price is gaining pace and it might continue to rise towards the $3,800 level. Ethereum started a steady increase above the $3,500 and $3,550 resistance levels. The pair is correcting gains, but dips could be limited below $3,450 in the near term.
As BTC Surges Past $48,000, Bitcoin Whales Playing Pump and Dump
As per data from Santiment, Bitcoin’s(BTC) millionaire-tier whale addresses holding between 100 to 10K Bitcoin dumped their BTC holdings during September 6-7. As the BTC price tanked nearly 15% under $45,000 followed by retail profit booking, these whales purchased the BTC back again.
XRP Struggles At $1.1 As The SEC Denies Ripple To Documents In Lawsuit
Ripple(XRP) price struggles to sustain around $1.1 amid bearish calls that risk another drop to $0.92. The US SEC maintains that the DPP protects its internal documents, and therefore Ripple has no right to request access. Ripple is dancing around $1 after plunging from a September high of $1.4 and testing support at $0.92.
World’s Largest Movie Theater Chain to Start Accepting Ethereum, Litecoin and Bitcoin Cash
AMC CEO Adam Aron has taken to Twitter to announce that the world’s largest movie theater chain is going to start accepting Ethereum, Litecoin, and Bitcoin Cash on top of Bitcoin. As reported by U.Today, Aron initially revealed his company’s plan to add support for the largest cryptocurrency during an earnings call in early August.
Crypto Adoption in Africa Surged 1,200% in 2021, Chainalysis
The love for crypto in Africa grows every day, according to Chainalysis. But more than a trend, it seems to be a necessity. Africa is the undisputed global champ in crypto adoption, with growth exceeding 1200% in the last year, enough for its countries to dethrone part of last year’s Top 10 of most crypto-friendly nations.