Crypto news

Stellar lumen price started a fresh increase from the $0.1500 support zone against the US Dollar.XLM price broke the $0.1650 resistance zone and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.1640 on the 4-hours chart (data feed via Kraken).The pair could continue to rise if there is a clear break above the $0.1800 resistance zone.Stellar lumen price started a fresh increase above $0.1650 against the US Dollar, similar to...

After reclaiming the $19,000 bitcoin’s chances to break above $19,400 seem more likely. Most altcoins have slightly increased their value in a day, with Ethereum closing down to $600.Bitcoin Stays Above $19KFollowing last week’s roller-coaster that resulted in bitcoin dipping to $17,500 on two occasions, the primary cryptocurrency started to gain value during the weekend.CryptoPotato reported that the asset firstly overcame $18,000 before doing the same with the $19,000 level. In the past 24...

The American multinational investment bank, JPMorgan Chase & Co, believes that bitcoin has grasped the attention of institutional investors, and further purchases will follow. The giant bank highlighted the recent $100 million BTC buy from the insurance company MassMutual as a significant turning point.JPM: Institutions Are Yet To Double-Down On BTCThe global events that transpired following the COVID-19 outbreak rattled world economies. Whether this is the primary reason, or perhaps...

Ripple price is struggling to clear the $0.5400 and $0.5500 resistance levels against the US dollar.The price is still above the $0.4800 support, but it is well below the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $0.5520 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could decline heavily if there is a clear break below the $0.4800 and $0.4750 support levels.Ripple price is showing bearish signs below...

Everybody knows, at this stage, that the Winklevoss Twins – Cameron and Tyler – are big bitcoin fans. They have become crypto billionaires in recent years and have even started their own exchange in New York known as the Gemini Exchange. It was one of the first companies working in crypto in the Big Apple to obtain a Bit License, which shows you how serious they are about digital currencies.Tyler Winklevoss Explains His Thoughts on BTCRecently, Mr. Winklevoss sat down and commented about all...

A new study shows that approximately 67 percent of millennials think bitcoin is the ultimate “safe haven” asset, beating out gold and other precious metals.Millennials Really Love Their BitcoinThe digital currency first arose in 2008 during the time of the Great Recession. Many of today’s millennials likely spent part of their teen or pre-teen years watching the effects of this recession. They likely saw their parents get laid off their jobs despite years of loyal service. They might have...

It’s always nice to start things off with good news, and today, the price of bitcoin has incurred another heavy surge that’s causing many traders and analysts alike to regain hope that 2020 will end on a high note.Bitcoin Gets Back on TrackAs of late, the world’s number one cryptocurrency by market cap has been suffering. The asset lost more than $1,000 off its price over the past week, dropping from around $19,000 per unit to about $17,900. Things weren’t looking great and many felt that...

CoinShares data reaffirms the narrative that institutional investors continue to allocate considerable amounts into cryptocurrency assets. Last week was the second-highest seven-day period with nearly $430 million inserted in the crypto market, driving the assets under management to an all-time high of $15 billion.Record-Breaking Weeks For Institutional Money In CryptoBy citing data from the digital asset manager CoinShares, Reuters reported the significant growth of institutional money...

The year is 2020, and the world’s leading cryptocurrency, Bitcoin, is trading at above $19,000 – an unimaginable increase in its dollar-value since its inception.BTC has been deemed the best performing asset of the decade, and it shows no signs of slowing down, especially in the current environment of a global pandemic and the potential of a serious financial crisis.Interestingly enough, exactly 10 years ago on this day, Satoshi Nakamoto, the person (or group of people) who started it all,...

Despite growing in price and popularity in the past few months, bitcoin still far away from receiving attention from the masses. A recent study compiled in the UK concluded that only 10% of the participants had purchased BTC, with Londoners being most akin to bitcoin exposure.10% Of UK Citizens Bought BTCFollowing the latest developments in the cryptocurrency markets when the prices started booming once again, Opinium and AltFi conducted a survey to garner people’s perspective on digital...