The CEO of Visa – Alfred Kelly – is weighing in on where he sees bitcoin going in the next few months.Kelly: The Payment World Is About to Really Open UpNo doubt bitcoin has had a rather strong year (it’s probably been the only thing that’s remained strong throughout 2020). Things aren’t necessarily looking up for cash, checks and other traditional payment methods once the coronavirus is dead and gone. Kelly believes that the world is likely going to transition to digital payments in such a...
Read More »Stellar Lumen (XLM) Price Gaining Bullish Momentum, Bulls Aim $0.12
Stellar lumen price is showing a lot of positive signs above $0.1000 against the US Dollar.XLM price tested the $0.1120 resistance zone and it is now well above the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.1090 on the 4-hours chart (data feed via Kraken).The pair could correct a few points, but dips are likely to be limited below $0.1000 and $0.0980.Stellar lumen price is trading in a bullish zone above $0.1000 against the US...
Read More »Ripple Price Analysis: Upsurge is Far From Over, $0.50 Next?
Ripple price started a strong increase above the $0.3000 and $0.3550 resistance levels against the US dollar.The price gained over 40% in the past few days and settled above the 55 simple moving average (4-hours).There is a key bullish continuation pattern forming with resistance near $0.4740 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start another surge if it clears the $0.4750 and $0.4800 resistance levels.Ripple price is trading in a nice...
Read More »Altcoin Season Brewing as Bitcoin Price Stalls and Dominance Takes a Beating (Market Watch)
Bitcoin’s volatility continued over the weekend with a few $1,000 moves taking it from a high of $18,800 to $17,700 and back. The altcoins, however, have kept their recent momentum going and have reduced BTC’s dominance over the market to about 63%.Bitcoin’s Volatile WeekendThe primary cryptocurrency displayed increased signs of volatility during the weekend. It started with charting a fresh yearly high on Saturday at nearly $19,000.After coming just inches away from breaking the 2017...
Read More »New Crypto Platform AEVOLVE Looks to Bring Medical Breakthroughs to Patients
LATOKEN – one of the world’s largest cryptocurrency exchanges – has announced that its customers can now engage in trading, buying and selling AVEX Tokens, a cryptocurrency that has been established by AEVOLVE. The currency is designed to give people access to some of the latest medical innovations being developed.AEVOLVE Is Bringing Top-Notch Medical Products to Customers EverywhereAEVOLVE is a platform consisting of medical professionals, research firms and patients. Together, these...
Read More »Hacker Steals $20 Million From DeFi Protocol Pickle Finance
Another day, another DeFi hack. Pickle Finance just announced that funds deposited in one of its smart contracts were stolen by a hacker hours ago.The team is still investigating how exactly the hacker stole approximately $20 million in funds. Their wallet is still “dormant” and has not started the “money laundering” phase that tends to follow every hack.And if a hack was not enough, Pickle Finance’s token (PICKLE) crashed after the news spread, losing almost 58% in a matter of hours.Pickle...
Read More »Bitcoin Touched $19K: Ripple Explodes 25% To New 2020 High (Market Watch)
Bitcoin initiated another impressive leg that resulted in charting a fresh new 35-month high at nearly $19,000. Only a few percentages from December 2017 all-time high. The altcoins have also painted notable price pumps, including a 25% surge for Ripple.Bitcoin Is Less Than $1K From Its ATHJust about five days ago, Bitcoin was struggling with decisively overcoming the $16,000 price tag. However, the primary cryptocurrency went on a roll since then, which drove it to $18,500 a few days ago....
Read More »AI-Powered Quant Cryptocurrency Trading with OSOM
[Featured Content]Cryptocurrency trading has become particularly popular throughout the past couple of years. One of the reasons for this is the volatility of the markets. Bitcoin and almost all altcoins, are regularly going through vicious price movements, creating plenty of opportunities for traders to capitalize on.Volatile markets, however, are also very risky. This is especially true when using leverage – something that’s also become incredibly popular throughout the past few years.In...
Read More »Bitcoin Cash Analysis: Risk of Downside Break Below $250
Bitcoin cash price is holding ground above the key $242 support zone against the US Dollar.The price is now trading above the $252 support and the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $258 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could rally significantly if it clears the $258 and $260 resistance levels.Bitcoin cash price is rising steadily above $250, similar to bitcoin above $18k against the US...
Read More »EOS Price Analysis: Dips Likely Supported Near $2.55
EOS rallied towards the $2.750 level before correcting lower against the US Dollar.The price is currently trading above the $2.550 support and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $2.550 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a fresh rally if it clears the $2.650 resistance zone in the near term.EOS price is currently correcting gains from $2.750 against the US Dollar, similar to...
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