Ethereum price found support near the $480 level and started a fresh increase against the US Dollar.ETH price is currently trading well above $585 and the 55 simple moving average (4-hours).There was a break above a key bearish trend with resistance near $558 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher above the $620 and $625 resistance levels.Ethereum price is gaining momentum above the $585 resistance against the US Dollar. ETH/USD is likely to...
Read More »Three Billion Huawei Users Will Receive Access To BitTorrent Applications
The large torrent platform BitTorrent, acquired by TRON’s Justin Sun in 2018, has partnered with the Chinese communications giant Huawei. As a result, Huawei will add all of BitTorrent’s applications to several of its mobile phones used in 170 countries.BitTorrent On Huawei’s Smart PhonesIn a press release shared with CryptoPotato, BitTorrent announced that Huawei Mobile Services will add the torrent platform’s four core applications to its ecosystem. Namely, those are BitTorrent, BitTorrent...
Read More »Bitcoin Just Broke The All-Time High Recorded In December 2017
The long wait is finally over. After three years of grinding through various price levels, Bitcoin finally broke the all-time high value it had set all the way back in 2017.Bitcoin ATH: An Exciting Journey Since 2017Following three long years of waiting, bitcoin has just managed to surpass its previous all-time high set in December 2017 ($19,660 on Bitstamp).Those three years were filled with everything imaginable. Bitcoin went through a prolonged bear market in 2018, which saw many experts...
Read More »Stellar Lumen (XLM) Price Could Surge Again If It Clears $0.21
Stellar lumen price is trading in a nice bullish zone well above $0.1500 against the US Dollar.XLM price is facing hurdles near $0.2100, but it is well above the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.2080 on the 4-hours chart (data feed via Kraken).The pair could rise sharply if it clears the $0.2000, $0.2080, and $0.2100 resistance levels.Stellar lumen price is rising again and trading above $0.1800 against the US Dollar,...
Read More »Ripple Price Analysis: Fresh Increase above $0.65 Seems Likely
Ripple price remained well supported near the $0.4500 and $0.4750 levels against the US dollar.The price is trading nicely above $0.6000 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.6180 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue higher above the $0.6500 and $0.6750 resistance levels.Ripple price is rising and trading above key supports at $0.5800 against the US...
Read More »Pizza Hut Now Accepts Bitcoin and Other Cryptocurrencies in Venezuela
An endless number of economic sanctions imposed by the United States and an endless number of bad policies imposed by the Venezuelan government have led to an increasing love for Bitcoin and other cryptocurrencies in the latin american nation. This week, Pizza Hut, one of the oldest pizza chains in the country began to accept Bitcoin and other digital currencies as payment.On November 27, 2020, Pizza Hut’s customers began to have the option to pay for their orders with cryptocurrency. This...
Read More »Could Libra Be Available Within the Next Two Months?
Facebook’s new cryptocurrency and digital payment system, Libra, could be ready for release early as January of next year.Libra Is Potentially Ready for a RolloutThe news surrounding the release of Libra has been circulating throughout crypto newsrooms for more than a year and a half. Since June of 2019, the currency has been permeating analysts’ minds. They have wondered many questions, a big one being “What would Facebook gain from cryptocurrency?”The project has puzzled many people....
Read More »Ethereum 2.0 Finanzierung steht
Die Finanzierung des Ethereum 2.0 Projektes ist komplett. Das Mindestziel hat der Smart Contract zur Finanzierung bereits erreicht. Große Whales hatten in den vergangenen Tagen dafür gesorgt, dass ungefähr 524.000 ETH hinterlegt worden sind, und seitdem haben sich auch weitere Investoren angeschlossen. Ethereum News: Ethereum 2.0 Finanzierung stehtNachdem der Start der Investmentphase eher verhalten verlief, kam es in den letzten Tagen zu großen Einzahlungen – inzwischen ist das Mindestziel...
Read More »Bitcoin: Temporary Correction or No ATH This Year? The Crypto Weekly Market Update
Bitcoin has a way of surprising people. This week was no exception. A few days ago, almost everyone believed that the cryptocurrency is inevitably headed to a new all-time high. And how could they not? BTC was trading at a few hundred USD below the record from back in 2017. Unfortunately, things took a turn for the worst.Yesterday was undoubtedly a bad day for bitcoin as it plunged a total of around $3,000 in less than 24 hours. From a high of about $19,500 down to $16,200, the bears poked...
Read More »Bitcoin Latinum Seeks to Enhance Crypto Transaction Speeds
Bitcoin Latinum, which is described in a press release as a “next generation” bitcoin fork, is now ready and available for trading. The asset is being released to the public through a new pre-sale launch, which will take place on bitcoinlatinum.com, while the currency will become generally available to crypto exchanges and traders everywhere beginning in early 2021.Bitcoin Latinum Will Allegedly Improve Real-Time UsageThe currency is set to trade under the symbol LTNM, while more than 888...
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