Crypto Frontline

Weekly Crypto Analysis by Crypto Frontline

    Former Chancellor Promotes UK as World’s Crypto Leader

Former Chancellor Promotes UK as World’s Crypto Leader

British politician Philip Hammond has joined London-based cryptocurrency trading company Copper.co as an adviser. This life peer’s new virtual currency role took immediate effect on Monday. We are interested in sharing this cryptocurrency-related report with our readers. We know Baron Hammond of Runnymede as an early supporter of crypto-assets, including

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    Weekly Crypto Analysis October 11-17, 2021

Weekly Crypto Analysis October 11-17, 2021

BTCUSD (Coinbase) Bitcoin continues to march higher and now trades at levels not seen since early May. Once the price broke above the September 7th high located near $52.8k, buyers have gathered momentum and now are on track to threaten the area around the all-time highs. Trading close to $57k,

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    US Bank’s New Cryptocurrency Service Is for Investment Firms

US Bank’s New Cryptocurrency Service Is for Investment Firms

US Bank’s new cryptocurrency service is a safekeeping custody solution for institutional investment managers. The new offering’s launch exhibits the banking and financial services company joining other firms of the same type entering the cryptocurrency space. We are quite eager to learn and share this virtual currency-related report with our

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    Weekly Crypto Analysis October 4-10, 2021

Weekly Crypto Analysis October 4-10, 2021

BTCUSD (Coinbase) The Bitcoin sentiment improved at the end of last week and now the price trades close to $48,000. It formed a base around $41k and since then edged higher impulsively, suggesting there might be scope for more gains in the days ahead. However, the first resistance level needed

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    Weekly Crypto Analysis September 26 – October 3, 2021

Weekly Crypto Analysis September 26 – October 3, 2021

BTCUSD (Coinbase) More choppy activity can be noticed in Bitcoin. The token managed to recover from the lows around $40k, but all gains were wiped out after China deemed all crypto operations illegal. Now we see the price rebounding, yet the structure continues to tilt in favor of sellers. They

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    Weekly Crypto Analysis September 20-26, 2021

Weekly Crypto Analysis September 20-26, 2021

BTCUSD (Coinbase) As we’ve anticipated a week ago, Bitcoin bounced from the lows but failed to keep the gains. This week starts with massive selling across the board, as financial markets are digesting a potential default of Evergrande, one of the largest Chinese real estate developers. From a technical standpoint,

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    New Robinhood Crypto Investment Offering Rolls Out This Month

New Robinhood Crypto Investment Offering Rolls Out This Month

Robinhood is launching a new recurring cryptocurrency investment feature this month. Find out more about this trading platform’s new offering here.

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    Weekly Crypto Analysis September 13-19, 2021

Weekly Crypto Analysis September 13-19, 2021

BTCUSD (Coinbase) Bitcoin becoming legal tender in El Salvador turned out to be a major “sell-the-fact” event, considering the price plunged back below our key area around $50k. Since it breached below the 20 EMA and 200 SMA on the 4h chart, the move up is now under question. The

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    Weekly Crypto Analysis September 6-12, 2021

Weekly Crypto Analysis September 6-12, 2021

BTCUSD (Coinbase) Bitcoin buyers are still holding the upper hand and have new reasons to continue actively buying, considering the price managed to break above the $49k – $50k key resistance area. The new week comes in hand with additional gains, as BTC is now trading above $52k for the

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    Ethereum’s Trading Price Shows Bullish Momentum above US$3,500-Mark

Ethereum’s Trading Price Shows Bullish Momentum above US$3,500-Mark

Ethereum’s trading price surged by almost 5 percent during yesterday’s trading session, September 1. For the first-ever time since May 15, 2021, the world’s second most valuable cryptocurrency crossed the trading price level of US$3,500.   We feel elated to read this latest development about Ethereum. We think it is

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