Stellar lumen price corrected lower from the $0.8000 resistance zone against the US Dollar. XLM price is now trading just below $0.6800 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.6200 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.6850 and $0.7100 resistance levels. Stellar lumen price is holding ground above $0.6000 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Bulls Aim Fresh Rally Above $1.60
Ripple price is holding ground above the $1.22 support zone against the US dollar. The price is now consolidating above $1.45 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near the $1.5500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above $1.55 and $1.60. Ripple price is trading nicely above the $1.40 support against the US...
Read More »Dfinity’s Internet Computer (ICP) Continues on Its Price Decline amid Ongoing Market Correction
The price of ICP is down. While Bitcoin is leading the market correction, the top altcoins including Ethereum (ETH) have also been dragged into the nosediving market.The price of the Dfinity’s newly launched blockchain web protocol, Internet Computer (ICP) has continued to bear the brunts of the ongoing global crypto market correction.Despite the coin’s price falling from its debut price of $731 to $258 over the past weekend, the network’s native digital currency has continued to nosedive....
Read More »$2.4 Billion Liquidated in a Day Following Elon Musk Bitcoin Debacle (Market Watch)
Elon Musk continues to drive volatility in the crypto market as bitcoin fell by $7,000 in a day before it recovered $3,000. Most altcoins are also deep in the red, with ETH dipping below $3,500 and BNB beneath $500. Bitcoin’s 24H Wild Ride It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t that long ago as it traded above $58,000 on May 12th. However, Elon Musk’s statement that Tesla had stopped receiving BTC payments for its electric...
Read More »Elon Musk Manages to Send Dogecoin Up Again
It is hard to understand Elon Musk at times. There are moments when he appears to be quite clear regarding cryptocurrency, and other days when he seems to be way off the mark. Either he does not fully understand the influence he has on the space, or he does and says certain things knowing they will have certain impacts. Either way, he has now sent Dogecoin through the roof again with his latest words following the rough week it has had. Elon Musk and Dogecoin Are Mixing...
Read More »Dogecoin Has Fallen, but People Still Love It
In the cryptocurrency space, it is usually considerably easier to focus on the negative than it is to look at the positive. As of late, Dogecoin is enduring some heavy suffering, with the fourth largest cryptocurrency by market cap falling as much as 20 percent in recent days, so for the most part, we are likely to see a lot of news coverage about this drop. Dogecoin Is Still a Beloved Asset However, despite this little setback, there is nothing to suggest that the...
Read More »Did Vitalik Buterin Cause a Drop in Crypto Prices?
Earlier today, it was announced on Live Bitcoin News that the price of BTC had taken a drastic fall thanks, in part, to actions taken by Elon Musk, who announced that his company Tesla had decided not to accept bitcoin payments for goods and services. As it turns out, the price of BTC – along with several other leading altcoins – may have also fallen thanks to Vitalik Buterin, the co-founder of Ethereum. Vitalik Buterin Moved a Bunch of Money Buterin has donated more...
Read More »Wird Ethereum Bitcoin als Nummer 1 Cryptocoin ablösen?
Elon Musk hat den Markt mit einem Tweet in eine Rezession gestürzt. Im Schnitt verloren die führenden Cryptocoins zehn Prozent, nachdem Musk auf Twitter verlautete, dass Bitcoin nicht umweltfreundlich sei und Tesla den BTC nicht mehr als Zahlungsmittel akzeptieren wird. Doch wenn wir den BTC mit dem ETH Kurs vergleichen, dann konnte Ethereum sogar weiter zulegen. Bitcoin News: Wird Ethereum Bitcoin als Nummer 1 Cryptocoin ablösen?Seit Mitte April konnte Ethereum seinen Kurs im Vergleich zum...
Read More »Cardano (ADA) Price Hits ATH of $2.18, Bitcoin Struggles Around $50K
The Proof-of-Stake Cardano surged 18% today smashing past $2 for the first time and hitting its new all-time high. Cardano co-founder Charles Hoskinson said it is 1.6 million times more energy-efficient than Bitcoin.After this week’s major market correction, the cryptocurrency market, especially altcoins, has recovered strongly. Earlier today, Cardano (ADA) price surged all the way to its new all-time high of $2.18. The Cardano (ADA) valuations touched $70 billion making it the fourth-largest...
Read More »Stanley Druckenmiller: BTC Will Be at the Top for a Long Time
As of late, bitcoin has been suffering somewhat. The world’s number one digital currency by market cap has fallen into the high $53,000 range, which is about $2,000 less than where it has been all week. While bitcoin falls, other currencies – such as Ethereum – are reaching record highs, yet analyst and big-time investor Stanley Druckenmiller is confident that no permanent harm will come to the currency, and that it will remain at the top of the crypto ladder at least...
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