Tron price failed to clear the $0.0360 resistance and declined below $0.0320 against the US Dollar.TRX price is now trading well below $0.0310 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.0280 on the 4-hours chart (data feed via Bitfinex).The pair could start a major decline if it fails to stay above the $0.0280 and $0.0270 support levels.TRON price is showing bearish signs below $0.0310 and $0.0320 against the US Dollar, similar to...
Read More »Bitcoin Price Analysis: BTC Holding Key Uptrend Support
Bitcoin price started a major downside correction from the $42,000 high against the US Dollar.The price is now trading well below $36,000 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $32,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must clear the $35,500 and $36,000 resistance levels to start a fresh increase.Bitcoin price is moving lower below $35,000 against the US Dollar. BTC could start a fresh...
Read More »Vitalik Buterin Promotes Social Recovery Wallets to Help Retrieving Funds After Losing The Private Keys
Despite the bloodshed of this Monday, cryptocurrencies are still arousing the interest of the mainstream audience, and Vitalik Biterin, the creator of Ethereum, is aware of the great responsibility involved in developing a product that could revolutionize the world of finance… Especially if it comes with the responsibility of becoming your own bank.In a blog post dated January 11th, Vitalik spoke about the importance of developing methods that allow users to recover their wallets’ private...
Read More »Mark Cuban: Bitcoin Should Be Okay in the Long Run
The recent bitcoin selloff and the dip of the world’s number one digital currency by market cap has several analysts and industry experts flooding the space with comments and ideas regarding where the asset will go from here, and some of them – which are surprisingly coming from Mark Cuban – are rather positive.Mark Cuban: BTC Will Survive the Present OnslaughtIt’s a bit of a shock to see Mark Cuban say anything good towards bitcoin considering he’s been a bit on the bearish side in recent...
Read More »Jeffrey Gundlach Is Right in the Middle on BTC
When it comes to bitcoin, it’s quite possible to be right in the middle. You don’t have to be Warren Buffett, where no matter how high the coin goes, you can’t send any compliments towards it. You also don’t have to be Tom Lee, who is often praising the currency and predicting big things for it – even when its traversing the doldrums. You can be right at the center of a bitcoin argument, and proof of that exists in “Bond King” Jeffrey Gundlach.Jeffrey Gundlach: I Don’t Like Where BTC IsIn a...
Read More »Fidelity International Increases Stake In A Hong Kong Cryptocurrency Exchange Operator
Less than a year after acquiring a substantial portion in the Hong Kong-based crypto-focused firm BC Technology Group, Fidelity International has upped its stake. The investment subsidiary of the Boston-based mutual fund giant has allocated nearly $7 million more for a total stake of 6.29%.Fidelity Doubles-Down On Investing In A Crypto FirmBloomberg reported in February last year that Fidelity International had acquired a $14.2 million stake in BC Technology Group Ltd. – the operator of one...
Read More »Bitcoin Takes a Huge Dip; Falls by $7,000
Well, it looks like all good luck can’t last forever. Bitcoin, the world’s number one digital currency by market cap, has taken a serious stumble, having fallen back to about $33,000 at press time after spending most of the weekend trading at the $40,000 range.Bitcoin Decides to Step BackThe currency has risen to unprecedented levels, and with these spikes comes some serious repercussions that are potentially coming in the form of a new selloff, which typically tends to happen whenever...
Read More »Bitcoin is in a Bubble, The Bond King Jeffrey Gundlach Says
Jeffrey Gundlach, the CEO of DoubleLine Capital and so-called “Bond King,” warned that the primary cryptocurrency could be in a massive bubble. He based his view on BTC’s recent performance that included a parabolic increase and a large crash just yesterday.The Bond King Sees BTC As A BubbleIt’s safe to say that bitcoin initiated a significant bull run in early October when it dabbled with the $10,000 price tag. In the following months, BTC more than quadrupled its value to an all-time high...
Read More »BitMax Is Hosting the CUDOS Token Listing Event in Bid to Connect Blockchains to Off-Chain Computing Resources
The CUDOS exclusive token listing event has just commenced on BitMax, with the project seeing a stellar investor response. CUDOS announced the public listing event after the recently-concluded private sale, where 655,555,555 tokens were made available. As part of the BitMax token listing, 166,666,667 tokens are being offered to the public. The figure represents 1.67% of the total CUDOS tokens available.CUDOS token allocationPrivate sale – The CUDOS private sale was conducted from October to...
Read More »The NFT and Decentralized Cloud Mining Power Market of DMEX
[PRESS RELEASE – Please Read Disclaimer]DMEX stands for Decentralized Mining Exchange. It is a decentralized trading platform for cloud mining power. DMEX is building a cloud mining power trading platform for the average users so that they could enjoy the freedom for participation, transparency in incomes, and liquidity in assets. In order to realize this mission, decentralization is the key. DMEX platform does not rely on third-party suppliers to construct the cloud mining market. Instead,...
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