As of late, bitcoin and cryptocurrency are being used all the time to pay for travel expenses such as flights and hotel stays, but is paying for these items with crypto a good idea? Travel and Bitcoin: A Solid Match? For many, the idea of using bitcoin and its altcoin cousins to pay for goods and services is a dream come true and the realization of a strong financial vision. These currencies were initially designed to take over and push fiat, checks and credit cards to...
Read More »Cardano Is Spiking Like No Other Asset
The world of cryptocurrency is buzzing as of late. Assets like bitcoin are really rising through the ranks once again, with the world’s number one digital currency hitting $50,000 for the second time over the past few weeks, but there appears to be one asset at the time of writing that’s outdoing all the others. That asset is Cardano, aka the ADA token, which became the world’s third largest digital currency last month and is now trading for a whopping price of about...
Read More »Cardano (ADA) Price Analysis: Key Support Nearby At $2.50
ADA price started a downside correction from the $3.10 zone against the US Dollar. The price is now trading below $2.80 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.80 on the 4-hours chart (data feed via Bitfinex). The price could start another strong increase as long as it is above the $2.50 support zone. Cardano price is correcting gains below $2.80 against the US Dollar, similar to bitcoin. ADA price...
Read More »Ethereum Price Analysis: ETH Eyes Next Upside Break
Ethereum price is holding gains above the $3,500 support against the US Dollar. ETH price is now trading above $3,800 and the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $3,965 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise as long as it is above $3,600 and $3,500. Ethereum price is showing bullish signs below $3,800 against the US Dollar. ETH/USD could accelerate further higher if it...
Read More »New Mental Token Seeks to Raise Mental Health Awareness
Mental illness is allegedly increasing across the globe, and now one cryptocurrency developer named Phil Kennedy is creating a new digital asset designed to raise awareness and bring some light to the issue at hand. Known as the Mental Token, the currency is built to support organizations and companies that assist individuals suffering from mental illness. Mental Token Works to Assist Those Struggling with Issues Mental Token is also looking to establish its own digital...
Read More »Stellar Lumen (XLM) Price Could Continue Higher Above $0.42
Stellar lumen price started a strong increase above the $0.3500 against the US Dollar. XLM price is now trading above $0.3500 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.3600 on the 4-hours chart (data feed via Kraken). The pair could continue to rise above the $0.4200 and $0.4250 resistance levels. Stellar lumen price is gaining bullish momentum above $0.4000 against the US Dollar, similar to...
Read More »Ripple Price Analysis: More Upsides Possible Above $1.4
Ripple price started a strong increase above the $1.25 resistance against the US dollar. The price is now trading above $1.30 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.245 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise once it clears the $1.365 resistance zone in the near term. Ripple price is gaining pace above the $1.30 support against the...
Read More »Bitcoin Struggles at $50K: Polygon (MATIC) Skyrockets 20% (Weekend Watch)
After touching a multi-month high above $51,000, bitcoin has retraced slightly and currently stands around the coveted $50,000 mark. Most altcoins have also stalled on a 24-hour scale, except for Polygon, which has surged by roughly 20% in a day. Bitcoin Stands Around $50K Ever since the primary cryptocurrency recovered from its dip to $46,300 at the start of the month, the bulls have had control over the market. They pushed the asset to and beyond $50,000, as reported...
Read More »Survey: Every Sixth Australian Owns Crypto as Bitcoin Maintains Popularity Crown
According to a recent research, 17% of Aussies have some cryptocurrency holdings. Bitcoin is still the most popular digital asset while Ethereum and Dogecoin ranked respectively second and third. What is The Crypto Trend in Australia? Finder’s Consumer Sentiment Tracker – a nationally representative survey of 1,000 Australians conducted by Qualtrics – revealed that one in six locals had entered the digital asset market. Most hodlers answered they purchased cryptocurrency...
Read More »NBA-Team bietet Bonus für Zahlungen mit Bitcoin
Mark Cuban hat sich bereits mehrfach öffentlich zum Cryptomarkt geäußert. Cuban ist nicht nur Tech-Investor und Reality-TV-Persönlichkeit, sondern auch Besitzer des NBA Teams Dallas Mavericks. Mit seinem neuesten Projekt bringt er nun Crypto und Basketball zusammen. Bitcoin News: NBA-Team bietet Bonus für Zahlungen mit BitcoinUnter dem Namen „Mavs Cryptomania“ können Fans des Basketball-Teams aus Dallas nun einen Service nutzen, der Crypto-Zahlungen möglich macht. Der Service nutzt Bitpay....
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