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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...

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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....

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China’s Social Media App Weibo Reportedly Bans the Accounts of Binance, OKEx, and Huobi

While some Chinese companies have purchased BTC and ETH, others, such as the social media giant Weibo, have reportedly halted the accounts of three of the largest crypto exchanges – Binance, Huobi, and OKEx. Weibo has justified its decision by outlining “abnormal practices” and breaching security risks.Weibo Targets Crypto ExchangesIt may not come as a surprise that a Chinese-based company has a somewhat hostile approach towards the cryptocurrency industry, keeping in mind the country’s...

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Bakkt Becomes the 29th Crypto Company to Receive BitLicense Approval by NYDFS

The New York State Department of Financial Services (NYDFS) has announced that Bakkt Marketplace has become the 29th cryptocurrency company to receive BitLicense since 2015. This approval comes amid the firm’s endeavors to be publicly listed and to launch the long-anticipated Bakkt App. The NYDFS started granting such licenses to digital asset businesses in 2015, with the first one being Paxos. Earlier today, the organization announced the latest company to receive the coveted BitLicense –...

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Earn Passive Income Cloud Mining with Xminer

Mining cryptocurrencies is one of the best ways to make money in the cryptocurrency industry. However, mining profitable cryptocurrencies like Bitcoin and Ethereum can be expensive since it requires high-end computing machines. Also, the cost of maintaining these machines is immense and beyond the reach of the average crypto lover. This is why cloud mining has become popular, as it offers crypto enthusiasts the opportunity to mine cryptocurrencies while paying a...

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PSAN : comment la France s’est tiré une balle dans le pied

Depuis 18 décembre 2020, toutes les sociétés pratiquant en France « l‘achat-vente d’actifs numériques contre une monnaie ayant un cours légal ou contre d’autres actifs numériques » doivent être enregistrées auprès de l’AMF en tant que Prestataire de Service sur Actifs Numériques (PSAN). Plus d’un an après la création du statut, le constat est sévère : un grand nombre d’acteurs français,...

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Bitcoin Price Analysis: BTC Eyes New ATH Following $10K Weekly Surge

Bitcoin is up by a solid 12.5% over the past week of trading as it reached $57,400 as of today’s high. This is just about $1000 from the ATH recorded on February 21, 2021.A quick recap: Bitcoin was trading inside an ascending price channel throughout February until it hit the ATH price of $58,355 (Feb-21). From there, it headed lower sharply as the price collapsed beneath the price channel and fell into the support zone around $43-44K by the end of the past month.During the first days of...

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Following Jack Dorsey, Nexo Donates $150K to Open-Source Bitcoin Develompent NGO

Nexo, a financial service provider for digital assets, has announced a $150k donation to Brink, a non-profit dedicated to encouraging, nurturing, and supporting the open-source Bitcoin development community.This follows the contribution of Jack Dorsey, who recently granted 1 BTC to the organization as well.Nexo Donates $150K to BrinkAs Bitcoin continues to experience upward growth, prominent industry leaders and stakeholders are focusing on promoting open-source cryptocurrency development to...

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Cardano Price Analysis: ADA Slumps To 2-Week Low Against BTC, Is Bullish Momentum Over?

ADA/USD – Bulls Continue To Defend $1.10Key Support Levels: $1.10, $1.07, $1.00.Key Resistance Levels: $1.20, $1.30, $1.38.ADA is down from the late February highs of around $1.48. The cryptocurrency had been falling in the first few days of March until support was met at $1.10. Since then, ADA has managed to close every daily candle above the level.It has now been trapped within a range between $1.20 and $1.10 for the past eight days of trading and must break out of this range to dictate the...

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Peter Schiff’s Son Spencer Converts 100% Portfolio to Bitcoin

Peter Schiff said he needs to disinherit his son Spenser.Spenser, the son of Bitcoin critic and American stockbroker Peter Schiff, has converted 100% of his portfolio to Bitcoin. Spencer went all-in on Bitcoin when the digital asset declined below $50,000.Spenser’s bullish investment decision was revealed by his father Peter Schiff in a Twitter Inc (NYSE: TWTR) post on the 10th of March. The tweet said:“My son Spenser Schiff went all in on Bitcoin on the last drop below $50k.100% of his...

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