Crypto news

ETH/USD – Market Falls Into Lower Boundary of Ascending Price ChannelKey Support Levels: $1755, $1700, $1667.Key Resistance Levels: $1876, $1900, $1960.Ethereum started the week on a bullish note after rebounding above $1500 over the weekend. The cryptocurrency went on to form a short-term ascending price channel as it continued to push upward to reach the resistance at $1875 (1.414 Fib Extension).It could not close a daily candle above the resistance and ended up rolling over on Wednesday....

Alongside DeFi, NFTs remain at the frontline of the cryptosphere, causing a widespread hysteria that can only be compared to the ICO boom in 2017. For most of the time, however, NFTs have trailed DeFi in terms of interest, but that has now changed. They have hit stratospheric points of late, and search engine results conform to this.NFTs Continue To Whet AppetitesAn unfolding love affair between art, real estate, collectible enthusiasts, and the metaverse birthed one of the biggest factions...

Bitcoin came even closer to reaching a new all-time high a few hours ago but failed, and the subsequent rejection drove the asset below $57,000. Most alternative coins have remained relatively calm on a 24-hour scale despite some severe volatility experienced in the past few days.Bitcoin Came 0.43% Away from a Fresh ATHIt seems that last week’s price drops in which bitcoin dipped to $43,000 are long gone for the cryptocurrency. This week the asset has been on an impressive run that overcame...

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...

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....

Atari – a gaming company that was huge in the 80s and popular for titles such as “Pong” and the infamous “E.T.” game – has announced that it is heading deeper into crypto territory with the release of a new crypto-based casino. Gaming Company Atari Sets Up Crypto Casino The project is being produced with the help of a company called Decentral Games on the Ethereum blockchain. All games set to be offered will be based on old titles issued by Atari. Customers can also play...

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 –...

PayPal has been working hard these past five months to really build its place in the cryptocurrency arena. It announced that traders would be able to garner digital assets through its site, and they would also be allowed to buy items and services with crypto. Now, it looks like PayPal is working even harder to really build itself up as a digital asset company given that it’s planning to acquire Curv, a startup based in Tel Aviv, Israel. PayPal Is Buying Israel Startup...

Beeple, an artist who made quite a few headlines as of late around the NFT hype, managed to get his ‘The First 5000 Days’ NFT sold for a whopping $69,346,250 at an auction on Christie’s.Just a few hours ago, CryptoPotato reported that someone had bought a CryptoPunk NFT for $8 million.Now, as the auction on “The First 5000 Days” – a digital art piece by the popular Beeple, closed for a whopping, record-breaking $69,346,250.That’s more than anything that anyone has ever paid when it comes to...

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...