Ethereum – the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin – has hit a record high. At the time of writing, the asset is trading for a whopping $4,400 per unit – its greatest price to date. Ethereum Is At an All-Time High Ethereum has enjoyed a hectic run throughout the year – almost as hectic as its big daddy bitcoin. While that currency has reached a new high of $66,000 per unit in recent weeks, the currency has dropped...
Read More »Tron (TRX) Price Analysis: Bulls In Control Above $0.10
Tron price started a fresh rally above the $0.1000 resistance zone against the US Dollar. TRX price is now trading above $0.1000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1020 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.1000. TRON price remained well bid above $0.1000 against the US Dollar, similar to bitcoin. TRX price...
Read More »The US Government Has Released Its Stablecoin Report
Gary Gensler – chairman of the Securities and Exchange Commission (SEC) – recently revealed the US government’s completed stablecoin report. It outlines risks associated with such tokens and provides “prudential” recommendations to congress on how to address them. Stablecoins: Benefits and Risks The POTUS’ Working Group on Financial Markets (PWS) produced the report in collaboration with the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the...
Read More »Witz von Elon Musk lässt Dogecoin um etwa 50 Prozent steigen
Der Cryptomarkt ist generell sehr volatil. Doch in der Sparte der Meme-Coins lässt sich das Maß der Volatilität am besten mit einem Tweet von Elon Musk verdeutlichen. Musk postete vor zwei Tagen einen Witz, der den Dogecoin-Preis prompt in eine Rallye trieb. Crypto News: Witz von Elon Musk lässt Dogecoin um etwa 50 Prozent steigenAuf Twitter schrieb Musk, dass er plane, eine Universität gründen zu wollen, die Dogecoin als Zahlungsmittel für die Studiengebühren akzeptieren werde.Tuition is in...
Read More »Cardano (ADA) Price Analysis: Key Resistance Near $2.05
ADA price is struggling to clear the $2.00 and $2.05 resistance levels against the US Dollar. The price is now trading below $2.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.06 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase unless there is a break below $1.90. Cardano price is struggling below the $2.05 resistance against the US Dollar, unlike bitcoin. ADA price must...
Read More »Ethereum Price Analysis: ETH Aims Fresh Rally
Ethereum price started a fresh increase above $4,200 against the US Dollar. ETH price is now trading above $4,200 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $4,350 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $4,350 resistance zone. Ethereum price is showing positive signs above $4,200 against the US Dollar. ETH/USD could gain pace above the $4,350...
Read More »How to Earn BTC By Mining Every Day
Introduction: What Is Crypto Mining!! Most people think of crypto mining simply as a way of creating new coins. Crypto mining, however, is the process of validating cryptocurrency transactions on a blockchain network and adding them to a distributed ledger. However, the challenge of a digital currency is that digital platforms are easily manipulated. Bitcoin’s distributed ledger, therefore, only allows verified miners to update transactions on the digital ledger....
Read More »Elon Musk Affirms His Position On Doge: It’s the “People’s Crypto”
Elon Musk – the South African billionaire and head of companies like Tesla and SpaceX – is reaffirming his love for Dogecoin and is pushing the asset above all others. Elon Musk Is Big on Doge In recent days, Shiba Inu coin – a growing altcoin and a popular spinoff of Doge – has experienced a massive surge in price. Many are going nuts for Shiba Inu to the point that there is now a petition going between investors and trading platform Robinhood to get the asset added to...
Read More »Stellar Lumen (XLM) Price Could Dive If It Breaks $0.35
Stellar lumen price started a steady increase above $0.3500 against the US Dollar. XLM price is now trading just below $0.3650 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.3650 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.3500 support zone in the near term. Stellar lumen price is trading just above $0.3500 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Risk of Drop Below $1.05
Ripple price started a fresh decline from the $1.15 resistance against the US dollar. The price is now trading below $1.08 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.070 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a clear break below $1.05. Ripple price is showing bearish signs below $1.10 against the US Dollar, unlike bitcoin. XRP...
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