Crypto news

Ethereum price extended its decline below $235 and tested $230 against the US Dollar.ETH price is currently recovering and trading well above the $232 support zone.There is a major bearish trend line forming with resistance near $238 on the 4-hours chart (data feed from Coinbase).The pair could start a strong increase if it clears the $238 and $240 resistance levels.Ethereum price is holding the $232 and $230 support levels against the US Dollar. ETH/USD must surpass the $240 barrier to...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 929. Heute sprechen wir über folgende Themen: Mastercard stellt neue Partner für Kryptowährungs-Programm vor & PayPal will offenbar Krypto-Trading über Paxos anbieten. 1.) Mastercard stellt neue Partner für Kryptowährungs-Programm vorhttps://www.btc-echo.de/mastercard-stellt-neue-partner-fuer-kryptowaehrungs-programm-vor/ 2.) PayPal will offenbar Krypto-Trading über Paxos...

The recent Twitter bitcoin hack could arguably be one of the biggest stories of the year surrounding the world’s largest and most popular cryptocurrency by market cap, but for most traders, the event is just another situation to be chalked up in the bitcoin history books and forgotten.Bitcoin Has Hardly Been AffectedDespite all the press surrounding the hack, traders don’t seem to care much about what occurred, and the price of bitcoin really hasn’t been affected. In fact, despite a marginal...

The recent Twitter bitcoin hack has put the world’s most popular cryptocurrency at something of an impasse. On one hand, the currency was designed to be fully decentralized. On the other, if law enforcement agencies don’t get more involved, there’s a good chance we’ll see events like this occur time and time again.Twitter Has Stirred the Attention of Many AgenciesLast week, the world was shocked when some of the most high-profile Twitter accounts – those belonging to former president Barack...

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...

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...

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...

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...

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...

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...