Ripple price is struggling to clear the $0.5800 and $0.6000 resistance levels against the US dollar.The price is holding the key $0.5350 support and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.5780 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a fresh increase if there is a clear break above $0.5780 and $0.5800.Ripple price is showing bullish signs above $0.5350 against the US Dollar. XRP...
Read More »Ledger User Database Dumped Online, Targeted Phishing Attacks Expected
A user on crypto twitter going by the handle ‘Jimmy McShill’ [@JimmyMcShill] posted screenshots of files that have been uploaded to forums purportedly contacting the ‘full database’ of Ledger customer’s emails, phone numbers, and addresses;⚠️⚠️ Uhh shiit! A hacker is dumping the full @Ledger database dump for free on raidforums! Emails, phone numbers and addresses!Get ready for a huge spam and phishing wave!#bitcoin #cryptcurrencies #phishing #security pic.twitter.com/XAQQHZ2wkW— Jimmy...
Read More »Tom DeMark: The Good Fortune of Bitcoin May Not Last Much Longer
Bitcoin has been doing quite well as of late. In recent days, the currency has hit a new all-time high and has shot beyond the $22,000 mark, bringing the world’s number one cryptocurrency by market cap to its most bullish peak yet.Bitcoin Is Doing Well, But Could This Streak End?However, while the asset appears to be surging, many are worried that the positive waves making their way through the industry won’t last much longer. Some analysts are warning their followers that things are going to...
Read More »Why The Majority Will Rush To Buy Bitcoin At Its ATH, And Not When It’s Low?
Despite briefly crashing to beneath $4,000 during the mid-March liquidity crisis, bitcoin has been on a tear through 2020. The last quarter of the year has turned out to be exceptionally bullish for the cryptocurrency as it more than doubled in value, broke the coveted $20,000 level, and painted a new all-time high slightly above $24,000.Being adopted from institutions, celebrated investors, and regarded by mass media as an alternative to gold, the primary cryptocurrency has become one of the...
Read More »Bitcoin Hits New All-Time High, Shoots Above $22,000
Bitcoin has hit a new all-time high. Just 24 hours after shooting beyond the $20,000 mark, the world’s number one digital currency by market cap has surged to $22,700, roughly $2,000 higher than where it stood just 24 hours ago.Bitcoin Is Growing Like Never BeforeThe currency has been on a serious surge over the past few weeks. Considering the asset was, at one point in mid-March, trapped below the $4,000 for a brief period, the currency has added close to $20,000 to its price in just nine...
Read More »Coinbase Is Going Public While Brian Armstrong Expresses Concerns About BTC Trading
Coinbase is filing an IPO (initial public offering). The largest cryptocurrency exchange in the United States has decided to go public right as bitcoin is hitting a new high of roughly $22,700 at the time of writing prompted by growing institutional investor interest.Coinbase Is Hitting the Big TimeThe company has filed the appropriate paperwork with the Securities and Exchange Commission (SEC). The governing agency is now engaged in reviewing the documents to ensure all is in order before...
Read More »Speculations Run Rampant as Elon Musk Asks Michael Saylor About Bitcoin
Elon Musk, the CEO of two of the most discussed companies in the past years, SpaceX and Tesla, is doing rounds with the cryptocurrency community today.Earlier today, the high-ranked executive and multi-billionaire said that Bitcoin is his safe word in a context that not a lot of people understand. Nevertheless, what followed was a heated discussion and plenty of speculations coming from many members of the cryptocurrency community.Elon Musk Asks Michael Saylor About BitcoinToday has been an...
Read More »Today Bitcoin Can Break a Record From October 2013: BTC Price Analysis
Yesterday, bitcoin’s price set another all-time high, this time at $24,200 (Bitstamp). Nine days ago, the daily low was $17,565. Since hitting that level, the primary cryptocurrency had gone through a fantastic journey of eight consecutive daily green candles.This is the longest period of consecutive daily green candles since June 2019’s bull run (8 candles). If today’s candle will close above $23,840, though a green candle, this will become the longest period since October 2013.Back then,...
Read More »Ripple Price Analysis: Following Long Consolidation, Can XRP Retest 2020 High At $0.78?
XRP/USD: Ripple Waiting For Next MoveKey Resistance Levels: $0.6, $0.678, $0.78Key Support Levels: $0.50, $0.437, $0.33XRP/USD. Source: TradingViewAfter breaking out of a crucial resistance on Wednesday, Ripple touched $0.68 and pulled back to where it’s now consolidating at $0.577. Volatility is low at the moment but it could resume its bullish momentum as soon as it finds key support. While the market remains indecisive, it has still gained 12% in the past week.Considering the mid-week...
Read More »Is Blockchain The Answer To COVID-19 Led Misinformation and Rumor Mongering?
In the past 10 months, COVID-19 literally brought the world to its knees. But the pandemic, as it turns out, has been less of a pandemic and more of an infodemic. The internet was teeming with a deluge of news reports, stories, blog articles, and ‘guidelines’ on ‘how to stay safe out there’.And what percentage of this content is actually worth relying upon? Which source to trust, and which one to shun? Why has this global catastrophe become a breeding ground for misinformation and rumor...
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