Despite losing 4% today, Cardano is showing a lot of strength against the Bitcoin.The price is still in favor of the bulls on a short-term perspective.Bears may take over the market if the price drops below the diagonal support on the 4-hours chart.ADA/USD: Cardano Holds Above $0.05 SupportKey Resistance Levels: $0.0577, $0.06, $0.065Key Support Levels: $0.047, $0.041, $0.0372ADA/USD. Source: TradingViewCardano lost 4% over the past hours following a 7-days capitulation to reach $0.05...
Read More »Peter Mallouk: Now Isn’t the Time to Buy Bitcoin
It seems like you just can’t get a straight answer about bitcoin, these days.Should We Buy Bitcoin or Not?The idea amongst many analysts is that bitcoin is going to potentially hedge one’s wealth against inflation and other forms of economic turmoil. Many have said that with the introduction of the stimulus package and most Americans getting $1,200 in their pockets, that the U.S. dollar doesn’t have the same kind of power it once did.Thus, the idea is that one should invest in bitcoin and...
Read More »Ethereum’s Endless Battle At $200 Is Getting To Decision: ETH Price Analysis
Ethereum increased by 2% today as the buyers battle to defend the $200 level.A rising trend line formation further bolsters the support at $200.Against Bitcoin, ETH continues its road to recovery as it breaches the 0.023 BTC level today.Key Support & Resistance LevelsETH/USD:Support: $200, $187, $180.Resistance: $211, $220, $225.ETH/BTC:Support: 0.023 BTC, 0.0225 BTC, 0.022 BTC.Resistance: 0.0236 BTC, 0.024 BTC, 0.0247 BTC.ETH/USD – Ethereum Bulls Battle To Defend $200.Ethereum dropped...
Read More »Theta Fuel (TFUEL) Records 630% Weekly Gains As Binance To Support Theta Mainnet 2.0 Launch
The leading cryptocurrency exchange by trading volume and users, Binance, will support the upcoming launch of Theta mainnet 2.0 on May 27th.With the impending release of the network upgrade, the two native cryptocurrencies Theta and Theta Fuel have skyrocketed over the past month.Binance To Support Theta Mainnet 2.0 LaunchPer the Binance announcement from earlier today, deposits and withdrawals of THETA and TFUEL will be suspended starting 4 AM (UTC) on May 27th as the exchange will support...
Read More »There Are Now 3.5X Ethereum (ETH) Non-Zero Addresses Compared To Jan’ 18 ATH Of $1,400
Despite Ethereum’s price nosediving by over 85% from the all-time high levels reached in January 2018, the interest in the second-seeded cryptocurrency by market cap is gradually increasing.New data indicates that the number of non-zero ETH addresses has skyrocketed by over 350% since the time ETH reached its all-time high levels.Ethereum Addresses On The RisePer information provided by GlassNode, the total amount of Ethereum addresses with a balance of more than zero has jumped to 40...
Read More »#889 Shopify Krypto Zahlungen, Grayscale Kunden kaufen massiv BTC & Ledger, Trezor und KeepKey Leak
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 889. Heute sprechen wir über folgende Themen: Shopify ermöglicht Krypto Zahlungen an Händler, Grayscale Kunden kaufen massiv BTC & Ledger, Trezor und KeepKey im Visier der Hacker. 1.) Shopify ermöglicht Bitcoin-Zahlungen an Händler Shopify ermöglicht Bitcoin-Zahlungen an Händler 2.) Grayscale Accumulates 34% of New BTC as Weekly Investments Tag $30...
Read More »Stellar Lumen (XLM) Price Approaching Key Uptrend Support at $0.060
Stellar lumen price started a fresh decline after it failed to clear $0.0735 against the US Dollar.XLM price is now trading well below $0.0700 and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0688 on the 4-hours chart (data feed via Kraken).The pair could continue to move down towards the $0.0605 and $0.0600 support levels.Stellar lumen price is trading in a bearish zone against the US Dollar, similar to bitcoin. XLM price could dive...
Read More »Bitcoin Fails And Breaks Down March-12 Crucial Support. $8200 Incoming? BTC Price Analysis
Over the past two days, Bitcoin was trading between the range of $9200 – $9300. As we mentioned here on our previous BTC price analysis, that area had transformed from being stronger support to being even stronger resistance.We mentioned the fact that a failure in breaking above the mentioned area will result in a further drop-down. As we noticed over yesterday, Bitcoin failed, broke down the critical blue ascending trend-line, as can be seen on the following daily chart. The primary crypto...
Read More »Ripple Price Analysis: XRP At Risk of a Significant Losses Below $0.20
Ripple price failed to stay above $0.2050 and declined sharply against the US dollar.The price is now trading in a bearish zone below the $0.2000 support level.There is a major bearish trend line forming with resistance near $0.2000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could continue to move down towards the $0.1800 level as long as it is below $0.2000.Ripple price is showing a bearish signs below $0.2000 against the US Dollar. XRP price could decline...
Read More »Goldman Sachs to Discuss BTC in Client Seminar
Financial advisory firm Goldman Sachs has announced it will host a client call to discuss gold, bitcoin, and inflation with its customers.Goldman Sachs Will Discuss the Powers of BTCAll three topics are likely on many investors’ minds right about now. Inflation is a big topic that’s bouncing back and forth between traders considering the coronavirus led to a $2 trillion stimulus package two months ago that saw many Americans receive individual checks of around $1,200.While this move was...
Read More »