Crypto news

XRP holders are eligible for the upcoming SPARK token airdrop. The community is getting excited about the event as the date draws near. Only users who hold XRP are eligible for the airdrop, and they will receive FLR based on XRP they have. Below is everything you need to know about it and the exchanges that have announced support for it.What Is An Airdrop? An airdrop means distributing a cryptocurrency or token as rewards or gifts to users or wallet addresses. Crypto projects use airdrops as...

EOS started a strong decline below the $3.000 support zone against the US Dollar.The price is currently trading below the $2.900 pivot level and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $2.840 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move down as long as it is below the $2.850 and $2.900 resistance levels.EOS price is facing a lot of hurdles on the upside near $2.900 against the...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1032. Im heutigen Video geht’s um folgende Themen: Alexander Vinnik Gefängnisstrafe, Silk Road Darknet Kinofilm 2021 & Square Klimafreundliches Bitcoin Mining. 1.) Alexander Vinnik Gefängnisstrafehttps://www.btc-echo.de/schlagzeilen/alexander-vinnik-wird-zu-fuenf-jahren-haft-verurteilt/ 2.) Movie based on darknet market Silk Road premiering in...

Following the steep price drop of nearly $2,000, bitcoin bounced off the $17,600 bottom and has risen above $18,000 again. Most alternative coins have also recovered some of the losses, and the market cap has added about $20 billion since yesterday.Bitcoin Reclaims $18,000After the relatively calm weekend bitcoin had where it dabbled with the $19,000 price tag, the cryptocurrency experienced a significant drop yesterday. BTC went from a high of $19,300 to $18,000 before continuing south to...

Litecoin price started a fresh decline below the $82.00 and $80.00 levels against the US Dollar.LTC price traded close to the $72.00 level and settled below the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $83.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to face hurdles near $78.40 and $80.00 in the near term and resume its decline.Litecoin price is currently trading in a bearish zone below...

Bitcoin has proved itself to be a supreme store-of-value in this pandemic-ridden world. But can the world’s first cryptocurrency flip the US Dollar to become the ‘global reserve currency’?The US Dollar Has Been The Global Reserve Currency For 100 Years NowRuchir Sharma, Morgan Stanley Investment Management’s chief global strategist, went candid in his latest opinion piece on Financial Times. He talked about the ‘reserve currency’ history starting right from the 1400s.And delineated how in the...

As of late, bitcoin appears to be getting the most attention out of all the world’s many cryptocurrencies. The asset has shot up to about $19,000, and many are eager to see if $20,000 is right around the corner. Amidst all the hype and hoopla, however, it appears we’ve forgotten about some of the world’s smaller competitors. Assets such as Ethereum, which according to Frank Holmes – chief executive and chief investment officer at U.S. Global Investors – is going to experience a huge bull run...

MicroStrategy is the institutional player of the year. Despite purchasing more than $400 million in bitcoin over the past few months, the company is clearly not done. In a recent statement, the company issued plans to raise an additional $400 million in the coming future to potentially purchase even more units of the world’s number one digital currency by market cap.MicroStrategy Wants Even More BitcoinThe firm has developed a solid thirst for bitcoin that initially began in August. At the...

ETH-USD: Ethereum Trapped In A TriangleKey Resistance Levels: $600, 625, $650Key Support Levels: $530, $494, $450ETH/USD. Source: TradingViewEthereum marked a daily 7% drop to $530 (today’s low) following the latest decline in Bitcoin’s price. However, just last Bitcoin, the second-largest cryptocurrency, had also seen a brief rebound of roughly 5%. Despite the recent plunge, the longer-term trend is still bullish.In the mid-term, as can be seen in the above 4-hours chart, Ethereum is...

Niall Ferguson is an author and the developer of a television series known as “The Ascent of Money.” In a recent interview, he comments why bitcoin is such a huge asset right now and why it’s arguably the best asset to have once the coronavirus pandemic is over.Niall Ferguson: Bitcoin Is the World’s Top AssetFerguson mentions:I’m going to go with bitcoin. It has had a stellar year, up 165 percent year to date. It’s now above $19,000. If, at the beginning of the year, you had said, ‘The...