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Tron (TRX) Price Analysis: Approaching Crucial Support at $0.0275

Tron price started a strong decline after it failed to clear the $0.0320 resistance against the US Dollar.TRX price is now trading below the $0.0300 level and the 55 simple moving average (4-hours).There was a break below a key contracting triangle with support near $0.0300 on the 4-hours chart (data feed via Bitfinex).The pair could accelerate lower if there is a clear break below $0.0275 and $0.0270.TRON price is gaining bearish momentum below $0.0300 against the US Dollar, similar to...

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After BTC’s $2K Crash in Two Days, Will This Level Stop the Bloodbath? (Bitcoin Price Analysis)

After last week’s excitement of a brand-new Bitcoin all-time high, the bulls forgot about the strong resistance at the key level of $20,000.According to the basics of technical analysis, just as in soccer, if you do not break above – you lose force and regress. This is exactly what we see over the past two days, following another failed attempt at the $19,500 – $20K zone.Since then, the Bitcoin price is going through a blood bath. The primary cryptocurrency had lost almost $2000 off its value...

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#1031 Bitcoin dominiert US Dollar, Bittrex Global führt tokenisierte Aktien ein & Kraken ETH Staking

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1031. Im heutigen Video geht’s um folgende Themen: USD verliert 99% gegenüber Bitcoin seit 2013, Bittrex Global führt tokenisierte Aktien ein & Kraken ETH Staking. 1.) Bitcoin dominiert US-Dollar: USD verliert 99% an Wert seit 2013https://cryptomonday.de/bitcoin-dominiert-us-dollar-usd-verliert-99-an-wert-seit-2013/ 2.) Tesla, Apple und Co.: Bittrex Global führt tokenisierte Aktien...

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Bitcoin Price Analysis: BTC Signaling More Losses Below $18K

Bitcoin price started a major decline after it struggled near the $19,450 zone against the US Dollar.The price is now trading well below $18,400 and the 55 simple moving average (4-hours).There was a break below a key contracting triangle with support near $19,020 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue lower if it breaks the $18,050 support zone.Bitcoin price is currently showing bearish signs below $18,400 against the US Dollar. BTC...

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Bitcoin Plunges $900 In Hours: Global Market Cap Losses $35 Billions

December 8 was a bad day for Bitcoin. The world’s largest cryptocurrency in terms of market cap broke down, losing all the profits it had gained since November 29, 2020.Over the past few days, the $19,000 line became a kind of war zone, with bitcoin going up and down that price with no clear dominance of bulls or bears.However, things changed on December 8, 2020. At 6 am UTC, BTC had a quick dip from $19,299 to $18,798 in just 3 hours, with a low of $18,680. BTC was unable to recover from the...

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Steve Wozniak Pushes Crypto Program Designed to Save Energy

Apple co-founder Steve Wozniak is supporting a new cryptocurrency startup that’s designed to cut greenhouse gas emissions and help save the environment.Steve Wozniak Wants to Save the PlanetOne of the big problems being faced by cryptocurrency miners everywhere is that the extraction process is allegedly boosting carbon gas production and polluting the atmosphere, thereby contributing to climate change. For example, it has been said that mining bitcoin emits as much carbon as the city of Las...

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Jack Dorsey’s Square Invests $10M To Promote Green Energy For Bitcoin Mining

According to an official press release from today, U.S.-based financial services company Square has launched a new initiative for the firm to become net-zero carbon for operations by 2030.Square Invests $10 MillionAs a part of the plan, the Jack Dorsey-led company will allocate $10 million to its Bitcoin Clean Energy Investment Initiative, which intends to fund companies that drive adoption and research into the use of green energy for Bitcoin mining operations.Bitcoin is often criticized for...

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German Financial Leader Just Doesn’t Trust Libra

Facebook’s new Libra cryptocurrency project has had a hard time getting off the ground, and considering it’s still getting a lot of raised eyebrows and distrusting looks from international financial leaders, it looks like things are set to remain somewhat difficult for the asset to roll out.Libra May Encounter Opposition in GermanyRecently, Libra was jabbed at by German Finance Minister Olaf Scholz, who says he’s not entirely comfortable with the authorization of Libra use in Europe. While...

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Alexander Vinnik Sentenced to Five Years for Crypto Crimes

Alexander Vinnik – a Russian man accused of laundering bitcoin funds and for allegedly taking part in multi-million dollar cryptocurrency fraud – has been sentenced to five years in a Paris prison and is also being ordered to pay more than $120,000 in penalties.Vinnik Ordered to Prison; Will Also Pay FinesThe case involving Vinnik goes back several years. After working at the now defunct cryptocurrency exchange BTC-e, Vinnik was accused of developing a new kind of cryptocurrency malware known...

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Ripple Price Analysis: XRP Primed For a Breakout Following Stagnation At $0.60

XRP/USD – XRP Remains Inside Consolidation PatternKey Support Levels: $0.556, $0.5, $0.45.Key Resistance Levels: $0.648, $0.68, $0.70.XRP has been trapped inside a symmetrical triangle since the last week of November. The coin bounced from the support at the lower boundary of the weekend but has since struggled to break the resistance at the upper boundary.The coin is quickly approaching the apex of the triangle where we can expect a breakout in either direction. This could happen over the...

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