Ethereum increased by a small 1.62% over the past 24 hours as it reached $238.The cryptocurrency remained above a rising trend line this weekend, which kept the uptrend intact.Against Bitcoin, Ethereum rebounded from the 0.0253 BTC level to reach 0.026 BTC today.ETH/USD: Bulls Defend Rising Trend Line To Keep Bull Run AliveKey Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265.Last week, ETH dropped from the $245 resistance, which caused it to fall into the rising support...
Read More »New Survey Suggests Bitcoin Still Isn’t Mainstream Enough
The Federal Reserve has unveiled its annual “Survey of Consumer Choice,” and according to the survey results, many people still don’t have the knowledge they need to work with bitcoin.Bitcoin Is Still Low on the Financial LadderThe survey records data for 2019, which for the most part, suggested that more than 70 percent of participants at least knew what bitcoin is. This is a solid difference from the 68 percent the survey recorded the prior year, so that’s something to be happy...
Read More »Mastercard Partners with Wirex and Expands Cryptocurrency Program
Because of the increasing interest and growing adoption rates towards digital assets, Mastercard announced the expansion of its cryptocurrency initiative called Accelerate program.UK-based payment processor Wirex has become the first digital asset native member of the program, and Mastercard is inviting other cryptocurrency projects to join the growing network.Mastercard Welcomes Crypto ProjectsAccording to the announcement from earlier today, the US-based financial service behemoth has...
Read More »Alt-Season 2020 Is Officially Confirmed, Says Binance CEO Changpeng Zhao
Chanpeng Zhao, CEO of the leading cryptocurrency exchange Binance, believes that there’s an ongoing altcoin season in the digital asset market.In a recent interview, he also emphasized on Bitcoin’s increased stability, joking that it has become a stablecoin now.CZ Suggests An Altcoin SeasonDuring the past several weeks, the altcoin market has boomed with double-digital increases charted almost daily. These events pushed cryptocurrencies such as Chainlink’s LINK to new highs. The DeFi sector...
Read More »Importance of Choosing the Right Crypto Company
Back in May 2020, investors in cryptocurrencies were seeing first-hand the risks involved in the market. However, at the time, BTCS (OTCQB: BTCS) was accruing value for its shareholders with well-timed cryptocurrency purchases that resulted in its cryptocurrency asset under management (AUM) growing to reach $1.02 million at the end of June 2020.Given the volatility of cryptocurrency prices, investors need to take particular care when selecting a crypto company. Below are three important...
Read More »Bitcoin Price Analysis: BTC to $8K Or $10K? That’s the Question Following Zero Volatility
Today, BTC/USD price appears to have reached maximum consolidation between two long-standing trend lines (see daily chart below). Volatility has also continued to diminish further over the weekend, with the Bollinger bandwidth now at 0.1 on the 4-Hour chart.These two factors suggest that a major move could take place over the course of today’s trading session. But which way will Bitcoin break out?The TechnicalsOn the 4-Hour BTC/USD chart, we can see that the current price action is tracking...
Read More »Stellar Lumen (XLM) Price Could Extend Its Uptrend Towards $0.12
Stellar lumen price gained bullish momentum above the $0.0950 and $0.1000 resistance levels against the US Dollar.XLM price traded to a new monthly high at $0.1074 before correcting lower.There is a crucial bullish trend line forming with support near $0.0950 on the 4-hours chart (data feed via Kraken).The pair remains well supported on the downside near $0.0950 and it might continue higher above $0.1050.Stellar lumen price is trading in a bullish zone against the US Dollar and bitcoin. XLM...
Read More »Bitcoin Dominance Records 5-Month Low: BTC Begins Another Week In Place
Altcoins continue gaining traction, while Bitcoin remains calm. This decreases BTC’s dominance over the cryptocurrency market down to 62%, which is the lowest point in five months.Altcoin Market Rises To The OccasionThe past 24 hours come as another example that the altcoin market is fluctuating massively lately. This is especially evident among lower-cap alternative coins. Today’s leader is Terra (LUNA), with a surge of nearly 40% towards $0.37.Band Protocol is next after going up by 32% and...
Read More »Ripple Price Analysis: Bulls Aim Bullish Break Above $0.20
Ripple price is consolidating above the $0.1920 support zone against the US dollar.The price is currently facing resistance near the $0.2000 and $0.2020 levels.There is a crucial breakout pattern forming with resistance near $0.2005 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is showing signs of an upside break as long as it is above the $0.1920 level.Ripple price is stuck in a contracting range below $0.2000 against the US Dollar. XRP price must stay above...
Read More »#928 Bitcoin-Preis vor Ausbruch, ERC 20 Token 50 Prozent von ETH & Binance Malaysia Ärger
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 928. Heute sprechen wir über folgende Themen: Indikator zeigt, dass die langweilige Bitcoin-Preisaktion ein Ende nehmen wird, ERC 20 Token 50% von ETH & Binance Malaysia Ärger. 1.) Indikator zeigt, dass die langweilige Bitcoin-Preisaktion ein Ende nehmen wirdhttps://coincierge.de/2020/indikator-zeigt-dass-die-langweilige-bitcoin-preisaktion-ein-ende-nehmen-wird/ 2.) ERC-20 Tokens Make up About 50% of Entire...
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