Bitcoin (BTC)

Litecoin price extended its decline and it even spiked below $40.00 against the US Dollar.LTC price is now correcting higher towards $42.50 and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $42.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a strong increase above $42050 or resume its decline towards $38.50.Litecoin price is trading in a negative zone against the US Dollar, while...

Bitcoin ransomware is on the rise.Ransomware Comes in a Big WayDuring the present COVID scare, many malicious actors have used the unstable environment to their advantage and sought new ways of garnering funds that they have no right to. There have been an increasing number of coronavirus-related scams meandering about, with many nasty individuals looking to sell fake masks or garner bitcoin donations for fake organizations claiming to be the World Health Organization (WHO) or the Red...

The market capitalization of Tether (USDT) has grown to $10 billion. This puts the cryptocurrency token at third place behind Bitcoin (BTC) and Ethereum (ETH).Tether (USDT) market capitalization has crossed $10 billion level yesterday. This has made Tether (USDT) climb to the third place in the cryptospace. At the start of this year, USDT had a market capitalization of $4.1 billion. However, there are slight variances across aggregators. Coingecko has reported a capitalization of $10 billion...

The environment surrounding bitcoin and cryptocurrencies remains uncertain.Is Bitcoin About to Be More Volatile Than Ever?The global economy has taken several major hits over the past few months. The primary culprit is the ongoing coronavirus (COVID-19), which has led to a national shutdown in the United States and many other countries such as the United Kingdom, China, and South Korea. At the time of writing, several areas in the U.S. have rolled back on their opening strategies, with Texas,...

Cardano starts the monthly opening on a bullish foot with a total of 13% gains over the past hours.The price is increasing following a huge daily buying volume.Against Bitcoin, ADA surged above last month’s high after seeing 11.11% gains today.ADA/USD: Cardano Signals Fresh Increase Key Resistance Levels: $0.095, $0.97, $0.1Key Support Levels: $0.082, $0.075, $0.064ADA/USD. Source: TradingViewThe price of Cardano is up by 12.50% over the past hours due to the weekly recovery in the entire...

It looks like more people in the United Kingdom are working to get their fingers on digital currencies.The United Kingdom: Crypto’s Latest HomeThe UK was one of the hardest-hit countries when the coronavirus first began spreading outside of Asia. The nation has faced more than 300,000 cases and has been smacked with more than 40,000 deaths, according to varying sources, while recently, counties such as Leicester have been shut down completely. Prime Minister Boris Johnson has referred to the...

On the 1D BTC/USD chart, we can see that the leading crypto-asset remains range-bound between the daily $8,600 and $10,000 levels.Rumors earlier in the week regarding PayPal possibly adding support for Bitcoin and other cryptocurrencies on its platform, sparked a small rally but failed to fuel a much-needed breakout above a key resistance level at $9,780.The pump was subsequently followed by a sharp sell-off below the previous weekly open at $9,300 (white line on the following chart), which...

Ethereum moved sideways over the past 24 hours as the bulls battle for the $225 level.The cryptocurrency has been falling all week as it drops by 5% after failing to break $250 last week.Against Bitcoin, Ethereum is attempting to reclaim the 0.025 BTC level.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $245, $250, $265.ETH/BTC:Support: 0.0243 BTC, 0.0239 BTC, 0.0236 BTC.Resistance: 0.025 BTC, 0.0253 BTC, 0.026 BTC.ETH/USD: Ethereum Bulls Battling To Defend...

Little by little but cryptocurrencies started breaking their respective Triangle patterns.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.Some of them have already fixed below downside borders, thus indicating strong bearish pressure and a potential decline in the nearest future. Even Ethereum, which has demonstrated some valid growth recently, couldn’t...

Bolt Labs announced today that it plans to integrate its off-chain Bitcoin private payments protocol called zkChannels to the Tezos blockchain. The company is working with teams at Nomadic Labs and Metastate to complete the integration via an amendment proposal to be done by 2021.zkChannels To Build On TezosOriginally called BOLT, zkChannels v1 protocol saw the light of day earlier this year when Bolt Labs announced that it “enables private payments via zero-knowledge proof of knowledge...