Altcoins

Since breaking the $8600 resistance two days ago, Bitcoin had continued its surge directly to the upper ascending line, the one that is marked on our following 4-hour chart.It looks like Bitcoin’s rally got a (temp?) ‘roof’ at that ascending trend-line. Why a temp roof? If Bitcoin would like to reach new highs, it’s advisable to do it slowly with corrections and not just a parabolic race (as we had seen during last June).Besides, As shown on the 4-hour chart, the correction we see so far...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 792. Heute sprechen wir über folgende Themen: UN warnt vor Nordkoreas Krypto-Konferenz & Venezuela will Teile der staatlichen Ölreserven in Petro Kryptowährung verkaufen. 1.) UN warnt vor Nordkoreas Krypto-Konferenz: „Halten Sie sich fern“https://www.btc-echo.de/un-warnt-vor-nordkoreas-krypto-konferenz-halten-sie-sich-fern/ 2.) Venezuela: Maduro will Teile der staatlichen Ölreserven in Petro Kryptowährung...

EOS price rallied recently above the $3.200 and $3.580 resistance levels against the US Dollar.The price traded as high as $4.066 and it is currently correcting lower.There is a major contracting triangle forming with support near $3.350 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline in the short term, but dips remain well supported near $3.350.EOS price is trading in a nice uptrend above $3.350 against the US Dollar, just like bitcoin. It could...

Litecoin price gained a strong bullish momentum after it broke the $48.00 resistance against the US Dollar.LTC price traded towards the $60.00 resistance and it is currently correcting lower.There is a key contracting triangle forming with support near $54.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported on the downside near $52.00 and $50.00.Litecoin price is trading in a bullish zone above $50.00 against the US Dollar, similar to bitcoin....

According to recent buzz on Twitter, one of the biggest names in the crypto-industry, Michael Novogratz, is speaking up and questioning the biggest price shift made by altcoins yet this year, raising a red flag for crypto-enthusiasts everywhere.Michael Novogratz is the CEO of U.S.-based Galaxy Digital Holdings Ltd, a limited partner of Galaxy Digital LP, a merchant banking institution focused on digital assets and blockchain technology.The crypto mogul recently spoke out via tweet about this...

Multinational payment remittance platform MoneyGram has announced a partnership with the EbixCash network, to expand Moneygram’s presence in India. The partnership was announced in an official MoneyGram news release published on Monday, Jan. 13.The press release states that EbixCash is a wholly-owned subsidiary of Ebix, Inc. The latter is an international supplier of application software products, based in Atlanta, Georgia. Starting immediately, EbixCash will be exclusively responsible for...

Multi-award winning singer, songwriter and music producer Akon has revealed that his Akon City has received regulatory approval. In a tweet posted by the singer on Monday, Jan 13, he revealed that he had “finalized the agreement” for the city.Just finalized the agreement for AKON CITY in Senegal. Looking forward to hosting you there in the future pic.twitter.com/dsoYpmjnpf— AKON (@Akon) January 13, 2020Akon CityPlans for the futuristic city were first revealed back in 2018 in a personal...

Blockchain has been a buzzword for some time, evoking a sense of mystery and magic for tech enthusiasts – or just plain confusion for the average Joe.Despite the hype, it’s also received a fair amount of criticism – largely from those in the mainstream financial world who, due to their skepticism of cryptocurrency such as Bitcoin, have gone to bash its underlying technology.Blockchain technology has also received flak from those who say it is too complicated to implement. And then there are...

In the past few days and weeks, the recent volatility observed in the combined crypto markets has mainly supported bulls.This impetus allowed the price of Ethereum (ETH) to break past the key resistance levels that previously hindered its price action, which has now opened the door for significant further growth.Ethereum, although, could not break past its main falling trend line, which suppressed its recent price movement, that is why some analysts continuously showed a bearish attitude...

Tuesday’s across the board pump got many retail crypto investors excited. The strong rally coupled with volatility reminded several analysts of the 2017 crypto bull market. While the pump can make you feel excited, it’s important to note that bitcoin and other large cap coins may succumb to profit-taking soon. The jaw of the crypto community dropped on Tuesday. Bitcoin along with nearly every other crypto generated a pump that has not been seen for quite some time....