Digital asset Mobile Coin is probably nowhere near as well-known or as popular as bitcoin, Ethereum, Litecoin or any other virtual currencies in the top ten. In fact, it could be argued that some have not even heard of the asset, and yet somehow, the company has managed to get its hands on nearly $12 million through two recent funding rounds. Mobile Coin Grows Following Two Funding Rounds Future Ventures and General Catalyst were tasked with hosting the rounds, which...
Read More »One Year Since the 50% Daily Bitcoin Dump: What Has Changed?
On this day, exactly one year ago, Bitcoin saw one of its worst trading sessions in history. The cryptocurrency lost around 50% of its value and tapped a low at around $3,800. That’s also true for every altcoin, as well as for the traditional financial markets.Nevertheless, it’s safe to say that the cryptocurrency market has come a long way since then. In fact, this was the absolute bottom in the cycle, and it has been up only ever since. Now, 365 days later, Bitcoin’s price is trading at...
Read More »Bitcoin, ETH and BNB Record Continuous Gains
Generally, the crypto market has been surging over the past months, resulting in an increase in several digital assets.The price of Bitcoin rebounded this week, causing a rise in altcoins like Ether (ETH) and Binance native token BNB. Notably, several factors have been influencing the continuous spike in BTC price. Following Tesla Inc (NASDAQ: TSLA) announcing its $1.5 billion investment in BTC, the digital asset jumped and stirred reactions from the crypto community, who are expecting the...
Read More »Bitcoin Cash Analysis: Bulls Prepare For Crucial Upside Break
Bitcoin cash price is struggling to clear the $560 resistance zone against the US Dollar. The price is now trading well above $520 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $535 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to start a strong surge if there is a break above $560 and $570. Bitcoin cash price is likely preparing for a fresh increase above $570 against the...
Read More »A Continuation of Jack Dorsey and the NFT
Yesterday, Live Bitcoin News reported that Jack Dorsey – the CEO of both Twitter and Square – was looking to sell a bit of his social media company’s history by auctioning off the first tweet ever issued. The tweet simply read “just setting up my twttr” and was the first message ever sent by Dorsey or by any Twitter user. Dorsey Will Donate His Money to Charity Now, new details have emerged regarding what Dorsey is planning to do with the money he earns from the sale....
Read More »EOS Price Analysis: Breakout Above $4.40 Seems Likely
EOS is slowly rising from the $3.500 support base against the US Dollar. The price is currently trading above the $3.800 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a strong increase above the $4.400 and $4.500 resistance levels. EOS price is consolidating above $3.800 against the US Dollar, while...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim Fresh Test of $240
Litecoin price is recovering and it is now well above the $185 level against the US Dollar. LTC price is now testing the $205 resistance and it is well above the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $208 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to clear the $210 resistance and start a strong increase in the near term. Litecoin price is consolidating above $185 and...
Read More »Crypto Helps Jack Dorsey Sell “Twitter’s History”
Jack Dorsey – the CEO of both Square and Tesla – is setting up an auction in which people can purchase the very first tweet ever issued via the social media giant. What’s the catch? The tweet is being offered as a non-fungible token (NFT), which is a form of cryptocurrency. Jack Dorsey Is Selling a Piece of Twitter History with Crypto in the Mix Dorsey has long been a bitcoin and cryptocurrency advocate. In recent weeks, he has set up a new fund with Rapper Jay-Z and...
Read More »Tron (TRX) Price Analysis: Upside Break Above $0.055 Likely
Tron price is slowly moving higher towards the $0.0550 resistance against the US Dollar. TRX price is now trading above the $0.0500 support and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.0485 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh rally if it clears the $0.0535 and $0.0550 resistance levels in the near term. TRON price is showing positive signs above $0.0500 against the US...
Read More »Market Watch: Bitcoin Price Came Just 4% From a New All-Time High
Bitcoin has managed to hit a high at nearly $56,000 today but has since retraced a bit and it now hovers above $54,000. However, BTC’s dominance suffers as some altcoins, including Binance Coin, have surged in the past 24 hours, and the metric is just slightly above 60%.Bitcoin’s Stays Above $54KEver since the primary cryptocurrency dipped to $47,000 on March 6th, the bulls took control and pushed the asset north. In the following days, BTC firstly reclaimed the coveted $50,000 before heading...
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