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Bitcoin-Friendly Avanti Receives License to be The Second Crypto Bank in The US

Now the United States can boast a new crypto bank: Welcome Avanti. Avanti Financial Group, a firm founded by the former managing director at Morgan Stanley, Caitlin Long, announced that it had been granted a license to offer banking services by the Wyoming State Banking Board. Avanti is The Second Crypto-bank Operating in the United States With this decision, Avanti becomes the second crypto company to receive a banking license after the crypto exchange Kraken was also...

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PayPal Says Goodbye to Epik, Citing Legal Crypto Issues

Following news that PayPal would allow its customers to pay for goods and services with crypto assets like bitcoin, the digital payments firm has announced that it is ending its relationship with a venture known as Epik due to alleged risks and other issues stemming from the company’s crypto department.PayPal Says Adios to EpikTypically, the company works with PayPal by registering web domains and hosting the enterprise’s transactions, though these transactions will no longer be processed for...

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Mike McGlone: BTC Could Hit Six Figures in Five Years

Mike McGlone of Bloomberg has stated that bitcoin can potentially reach the $100,000 mark over the next five years as it gets closer to becoming a store of value instead of a payment currency.McGlone: $100K Could Be Here SoonOver the past seven months, something rather strange and intriguing has happened with bitcoin. For a long time, the agenda of crypto serving as a payment system has been pushed with little to no success. While there are a few platforms out there that accept BTC as a...

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Tron (TRX) Price Analysis: Bulls Eyeing Upside Break above $0.028

Tron price started consolidating in a range above the $0.0265 support against the US Dollar.TRX price is showing positive signs above the $0.0265 level and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance at $0.0272 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase if there is a clear break above the $0.0275 resistance.TRON price is showing positive signs above $0.0250 against the US Dollar, while...

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Cardano (ADA) Price Analysis: Holding Support, But Facing Major Hurdles

ADA price declined below $0.1060, but it found support near $0.1000 against the US Dollar.The price is facing hurdles near $0.1055 and it is well below the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.1054 on the 4-hours chart (data feed via Kraken).The price could either rally above the $0.1055 resistance or it might revisit the $0.1000 support.Cardano price is trading below key hurdles near $0.1055 against the US Dollar, while...

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Ethereum Price Analysis: ETH Holding Important Support at $380

Ethereum price started a downside correction from the $421 swing high against the US Dollar.ETH price is currently trading well above $380 and testing the 55 simple moving average (4-hours).There was a break below a major declining channel with support near $400 on the 4-hours chart (data feed from Coinbase).The pair is currently holding the main $380 support level, but it must clear $402 for a fresh increase.Ethereum price is correcting losses and holding the $380 support against the US...

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Stellar Lumen (XLM) Price Could Correct Lower, $0.08 Holds The Key

Stellar lumen price traded to a new monthly high at $0.0878 against the US Dollar.XLM price is currently correcting lower below $0.0850 and testing the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $0.0840 on the 4-hours chart (data feed via Kraken).The pair could correct lower, but the $0.0800 and $0.0785 support levels might provide support.Stellar lumen price is trading in a positive zone above $0.0800 against the US Dollar, similar...

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Ripple Price Analysis: Chances of Fresh Rally above $0.26

Ripple price started a fresh increase after it cleared the $0.2500 resistance against the US dollar.The price is now trading well above the $0.2520 pivot level and the 55 simple moving average (4-hours).There are two bullish trend lines forming with support near $0.2520 and $0.2480 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start a fresh rally if it clears the $0.2590 and $0.2600 resistance levels.Ripple price is trading is a bullish zone above...

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Neues Allzeithoch für Bitcoin in Brasilien und der Türkei

Ein neues Jahreshoch gab es im Dollarmarkt für den BTC, doch in anderen Ländern schoss Bitcoin sogar auf Allzeithochs. Mit der Türkei und Brasilien sind sogar Länder außerhalb der dritten Welt dabei – ist dies ein Vorgeschmack auf den BTC-Preis, den wir bei einem Dollarkollaps erleben werden? Bitcoin News: Neues Allzeithoch für Bitcoin in Brasilien und der TürkeiDie Ankündigung PayPals Bitcoin und ausgewählte Altcoins ins Angebot aufzunehmen, hat dem Markt sicherlich nicht geschadet. Das...

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Stagnant Crypto Weekend: Bitcoin Temporarily Stopped at $13,000

Following the past couple of days of significant price developments within the cryptocurrency space, most assets have calmed. Bitcoin remains just shy $13,000, while some of the altcoins have even retraced slightly. Bitcoin Struggles at $13,000 The past seven days were nothing short of impressive for Bitcoin. After a brief dip to $11,400 last week, the cryptocurrency went on a roll. Promising news from PayPal only accelerated BTC’s bullish run, resulting in a fresh 2020 high...

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