Crypto news

Ripple price started a strong increase above the $0.3000 and $0.3550 resistance levels against the US dollar.The price gained over 40% in the past few days and settled above the 55 simple moving average (4-hours).There is a key bullish continuation pattern forming with resistance near $0.4740 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start another surge if it clears the $0.4750 and $0.4800 resistance levels.Ripple price is trading in a nice...

Bitcoin’s volatility continued over the weekend with a few $1,000 moves taking it from a high of $18,800 to $17,700 and back. The altcoins, however, have kept their recent momentum going and have reduced BTC’s dominance over the market to about 63%.Bitcoin’s Volatile WeekendThe primary cryptocurrency displayed increased signs of volatility during the weekend. It started with charting a fresh yearly high on Saturday at nearly $19,000.After coming just inches away from breaking the 2017...

While Bitcoin briefly dabbled with $19k on Saturday, it found resistance there and has retreated a couple of percent to the mid-$18k range. Ethereum on the other hand has kept the momentum running and has powered to its highest price since June 2018.The green candles for Ethereum just keep coming as it surged from just over $500 on Saturday morning to top out at $585 by Monday morning.Over the past seven days, Ethereum has cranked 26% from around $460 this time last Monday. Since the...

When Bill Harris, former CEO of PayPal, described Bitcoin as “the greatest scam in history” in an article for Vox, the last thing that would come to his mind was the role his company would play in the global adoption of this cryptocurrency.This was in 2018, just when Bitcoin was on a major bearish trend. The bubble —as Harris described it— exploded. But things changed, a new CEO replaced Harris and Bitcoin’s price slowly recovered. Well, slowly until PayPal jumped on the Bitcoin...

A new report details just how widespread crypto adoption has become in recent months. The report – entitled “Cryptocurrency Market – Growth, Trends and Forecasts (2020 – 2025)” – has even been added to the website ResearchAndMarkets.com, suggesting that more people are interested in learning about crypto as of late.Crypto Report: Bitcoin Adoption Is at an All-Time HighThe coronavirus pandemic has been one of the most ravaging things to strike the globe in recent times. While quite a bit of...

LATOKEN – one of the world’s largest cryptocurrency exchanges – has announced that its customers can now engage in trading, buying and selling AVEX Tokens, a cryptocurrency that has been established by AEVOLVE. The currency is designed to give people access to some of the latest medical innovations being developed.AEVOLVE Is Bringing Top-Notch Medical Products to Customers EverywhereAEVOLVE is a platform consisting of medical professionals, research firms and patients. Together, these...

ETH/USD – Ethereum Returns To June 2018 Price LevelsKey Support Levels: $550, $521, $500.Key Resistance Levels: $580, $600, $620.Ethereum broke the $500 level for the first time in 2020 last Friday as it surged into the $511 resistance. Yesterday, the bulls continued to drive ETH even higher as they closed the day slightly above the $548 resistance (bearish .618 Fib Retracement).Today, after a retest of the same $511 resistance turned support level, the bulls penetrated $550 to reach as high...

We’ve said it before, and we’ll said it again. Bitcoin isn’t for everyone, and it appears the digital currency is frustrating another financial expert – so much so, that this individual is stepping away from the asset completely. His name is Masayoshi Son, and he’s the CEO of Softbank.Son Is Not a Bitcoin FanIn a recent interview, Son commented that he just doesn’t understand bitcoin, and that even though he’s spent so much time tracking its movements and trying hard to invest in it, he feels...

The forthcoming Crypto.com Visa cards for Canadian citizens are reportedly coming early next year and are considered another step in the country’s recent turn towards cryptocurrency adoption.Visa Cards For Canadians As Early As January 2021The digital assets exchange and app Crypto.com has officially announced that citizens of Canada are now able to apply for its Visa cards. Plans are for the shipment of new cards to begin in January next year. The country is the most recent addition to the...

After heading the U.S. Securities and Exchange Commission for the past three and a half years, Jay Clayton has decided to end his term early. As the SEC’s mission is to protect investors and ensure fair and efficient financial markets, it’s worth exploring how has the Commission impacted the cryptocurrency field during his tenure.The SEC’s Jay Clayton Steps Down EarlyBorn in 1966, Joseph “Jay” Clayton is an attorney who became the Chairman of the Securities and Exchange Commission in May...