Bitcoin (BTC)

Litecoin price is currently declining and trading below the $62.00 and $60.00 support levels against the US Dollar.LTC price is testing the $57.00 support zone and it is well below the 55 simple moving average (4-hours).There was a break below a major connecting bullish trend line with support near $61.45 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $60.00 and $60.50 resistance levels to move into a positive zone.Litecoin price is currently...

Bitcoin Cash (BCH) holders look certain to be in for some free coins come this November, when the ongoing confrontation between disparate groups in the coin’s community will reach its climax in a hash war and subsequent chain split.The conflict in the BCH camp arose when lead developer, Amaury Séchet, announced the inclusion of a code in the next upgrade which would see 8% of the Bitcoin Cash block reward siphoned directly to him.Bitcoin Cash Miner’s Tax To Trigger Chain SplitSéchet maintains...

Ethereum – the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin – has surged overnight by more than ten percent and is currently trading for well over $477. This is a spike of more than $30 over the past 24 hours.Ethereum Has Jumped Beyond $470On Monday August 31, the currency was trading for around $443, having broken $400 just two days prior. The entire week before, Ethereum had encountered a period of relative stagnation, hanging about the high $300...

The coronavirus pandemic has proven rather devastating to the bitcoin mining community. Many have had to shut themselves down given that they are not considered essential businesses. However, some of these companies – like Layer1 – are finding new ways to make a profit while the virus continues to meander across the globe, and these ways are proving to be quite innovative.Layer1 Is Staying Innovative – and ProfitableSeveral cryptocurrency mining firms – such as Digital Farms in California –...

The popular Bitcoin exchange Bithumb in South Korea has reportedly been raided by the authorities. This happened because of fraud allegations.Bithumb Accused of Fraud by South Korean PoliceAccording to a report by a local news outlet, the Intelligent Crime Investigation Unit of the Seoul Police authorities raided South Korea’s largest cryptocurrency exchange Bithumb. The authorities raided the company’s headquarters on Wednesday (September 2, 2020), under allegations of fraud.Bithumb earlier...

After all the worry and concern that has been meandering throughout the space, bitcoin has again crossed the $12,000 threshold for the second time in just weeks.It’s $12K All Over Again for BitcoinThe last time bitcoin hit this figure was in the middle of August. Sadly, the price switch didn’t last. It rose all the way to $12,400, but bitcoin was not able to keep up the momentum and fell back into the low $11,000 range a few days later. It’s relatively impossible to assume what will happen...

Launched back in 2007 in Montreal, Canada, Pornhub is undoubtedly one of the largest, if not the largest adult websites out there.Pornhub Premium is the company’s source for HD adult videos, where users have to pay a fee to watch, and now they can do so using Bitcoin and Litecoin.Pornhub Premium Accepts Bitcoin and Litecoin PaymentsPornhub Premium, the HD arm of the popular adult website Pornhub, has announced that it now accepts Bitcoin and Litecoin as payment methods.To further expand our...

The listing of Sushi and DFI.Money by Binance is an indication that the two platforms have gained community confidence as capable of generating enough volumes to make their listings worthwhile.Binance recently announced that Sushi (SUSHI) and DFI.Money (YFII) had been listed on its platform as the exchange continues to expand its tradable assets.In a release published on the official web site on September 2, the company stated that several pairs of the two assets were made available for...

The crypto market is trying to grow after another correction.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The Ethereum is ahead of the others that do not hurry to renew the highs. Moreover, on D1s of such cryptocurrencies as the Litecoin or Eos, reversal patterns are forming, promising a decline, and if the buyers fail to keep the nearest support levels,...

This recent Bitcoin price upgrade recorded reveals the bulls have been able to keep the price away from its previous resistance level ($11,500) as crypto traders and investors now shift their focus on the $12,000 price level.Yesterday we wrote about how the dollar weakens each day more and more, that even conservative investors like Warren Buffett are getting away from it. We also mentioned that Max Keiser in his latest tweet says that, therefore, Bitcoin is going to rise even more. Well, he...