Crypto news

Ethereum price traded towards the $470 level before correcting lower against the US Dollar.ETH price is currently trading well above $400 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $452 on the 4-hours chart (data feed from Coinbase).The pair could either restart its rally above the $455 level or it might revisit the $400 support zone.Ethereum price is trading in a positive zone above $420 against the US Dollar. ETH/USD could...

Bitcoin is in the middle of one of its largest bull rallies ever, and according to analysts like Bill Miller, not only is the rally not yet done, but as long as bitcoin continues to gain ground in the financial world, it should become a mainstream asset in no time.Bill Miller Is Impressed with BitcoinBill Miller is the founder of Miller Value Partners. He recently stated that bitcoin has been the top-performing asset over the last ten years and is astonished that the currency has risen more...

A very cool thing is happening as of late. While bitcoin makes another attempt at $20,000 – a figure it hasn’t seen in nearly three years – the currency’s positive vibes are rubbing off on other coins, such as Ethereum, Litecoin, Chainlink and Ripple’s XRP, all of which are up significantly up at press time.When BTC Does Well, Assets Like Ethereum Do WellMany people tend to speculate on how well assets correlate with each other. The truth is that in the world of crypto, all smaller...

A Dutch drug dealer of Columbian descent is reportedly arrested in Spain. In an international operation, the trafficker was caught in his villa in Marbella, Malaga, while police found multiple luxurious items, cars, and cash. He was allegedly suspected of laundering about 6 million euros in cryptocurrency. Partnering With Top Interpol Fugitive As per an official announcement of the Spanish police, the Dutch national was well known to the law enforcement for quite a time. His...

Bitcoin has been hitting all sorts of crazy and high numbers as of late, but according to many analysts, the bull run may just be getting started.Bitcoin Is Experiencing a Solid, Fun TimeThe world’s number one cryptocurrency by market cap is currently trading for around $15,200. That’s about $300 less than where it stood just yesterday. For the most part, however, the currency has come relatively close – closer than it has in approximately two years – to where it was at the end of 2017....

XRP/USD – Bulls Failing to break $0.261 Resistance Key Support Levels: $0.25, $0.245, $235, $0.24.Key Resistance Levels: $0.261, $0.271, $0.28. Last Thursday, XRP managed to rebound from the support at a rising trend line as it pushed higher. On Friday, it penetrated above the resistance at the 100-days EMA to reach as high as $0.26 – where lies the resistance at a falling trend line. It failed to penetrate above this line over the weekend and it headed lower. It spiked as...

[PRESS RELEASE – Please See Disclaimer] With the latest conclusion of its premium lasting platform for Bluzelle, ProBit Exchange is charging ahead with their 2nd of 4 ProBit Exclusive slots in November for Aleph.im starting November 11. The breakneck pace at which the exchange is launching their Exclusive platform is part of its ongoing commemorative 2nd birthday event with 50,000 USDT for eligible participants until November 30. The 50% ALEPH subscription discounts are...

Volatility is undoubtedly back within the crypto markets. Over the past few hours, Bitcoin gained about $600 and lost them almost immediately. This happens as one of the world’s largest drugmakers, Pfizer, said that its COVID19 vaccine has been positive in over 90% of the trial cases. Bitcoin Pumps and Dumps $600 In Hours The past few weeks have been nothing but exciting for Bitcoin as the cryptocurrency managed to briefly touch $16,000 for the first time in years. Today, it...

Data from the on-chain analytics resource Glassnode indicates that Bitcoin miners have sent sizeable BTC portions to exchanges in the past 24 hours. With the asset price hovering above $15,500, the question remains if they are to cash out profits and possibly drive Bitcoin south. Miners Send BTC To Exchanges Implies A Price Dip? Bitcoin miners are arguably the most vital part of the entire BTC ecosystem. By solving complex computational problems, they process Bitcoin...

Shortly after suspending withdrawals and deposits to its platform, the crypto lending service Cred has filed for Chapter 11 bankruptcy protection.  CryptoPotato reported in late October that the US-based platform had temporarily suspended all funds inflows and outflows while assisting law enforcement agencies in investigating an “incident.”  According to an official announcement from this past weekend, Cred INC. has “commenced a voluntary Chapter 11 case in the United States...