Crypto news

Bitcoin took another shot at $10,000 today as its price reached $9,960 on Binance. However, unlike the previous times, altcoins are looking to regain their strength as they managed to chip more than 1% of BTC’s dominance in the past few days.Bitcoin Price Takes Another Swing At $10,000Volatility doesn’t seem to fade in the crypto market as Bitcoin made another attempt to reach the coveted $10,000 mark less than a couple of hours ago.The price reached $9,960 on Binance before retracing to...

Ripple price reversed losses and moved above the $0.1950 pivot zone against the US dollar.The price is now trading in a positive zone above the $0.2000 support level.There is a key bearish trend line forming with resistance near $0.2100 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could either surge above the $0.2100 resistance or decline again towards $0.1880.Ripple price is currently approaching a major hurdle near $0.2100 against the US Dollar. XRP price...

Stable currencies are becoming all the rage in the cryptocurrency space, and Seattle-based startup Stably – which specializes in making stable coins mainstream – is moving ahead of the game with an additional $1 million in funding.Stably Is Making Headway in the Crypto SpaceStable currencies are designed to be less volatile than other forms of crypto. Typically, they are tied to fiat currencies such as the U.S. dollar, the yen, the yuan, and the euro. This allows them to move at a more normal...

Coinbase CEO Brian Armstrong just fell for the oldest trick in the crypto-twitter playbook.When Harry Potter author J.K Rowling made a surprise entrance to the Bitcoin space this weekend, Armstrong attempted to welcome her in. When Rowling apparently made a $100 BTC purchase, Armstrong told her to get over to Coinbase and urged her to check out all the other crypto assets on offer.Coinbase CEO’s Bitcoin MistakeOnly the account Armstrong replied to was a fake one. J.K Rowling did not purchase...

Who would have thought that sports and crypto would mix so well? Spencer Dinwiddie – a guard for the Brooklyn Nets – has announced a new bitcoin-based crowdfunding campaign that will allow his fans to choose which team he plays for next.Spencer Dinwiddie Is Looking for Crypto HelpDinwiddie first came to the bitcoin scene last year when he announced he wanted to allow people to invest in his basketball contract. While the league he played with raised an eyebrow or two over the idea, Dinwiddie...

It’s funny that someone who’s so rich wouldn’t know anything about bitcoin or cryptocurrency, but that seems to be the case for bestselling author J.K. Rowling, who’s won multiple awards and garnered worldwide fame for her Harry Potter book series.J.K. Rowling Doesn’t Understand BitcoinRowling has a net worth of approximately $1 billion, which means she’s a wealthy person. The author has sold more than 500 million books across the world, primarily from her Harry Potter series. These books...

Zcash (ZEC) was recently the subject of a research paper which aimed to explore the extent to which the privacy coin is used for illicit or criminal purposes.Funded by Electric Coin Co.(ECC), the company behind Zcash, the analysis carried out by the RAND Corporation and concluded that Zcash was not regularly used for illegal means.However, the critical findings offered up by RAND Corp are non-committal, vague, and incredibly illogical in light of Zcash’s status as an apparently untraceable...

According to a new study, the assents under management (AUM) of cryptocurrency-focused hedge funds had doubled in 2019 compared to 2018.Despite some challenges in the field, Bitcoin remains the most frequently traded digital asset, with Ethereum and Ripple following.Institutional Investors Come For CryptoAccording to the report citing the survey compiled by PwC and the digital asset investment company Elwood Asset Management Services Ltd, cryptocurrency funds have increased their AUM to more...

XTZ is facing resistance at $2.7, and it could resume its uptrend if this price level breaks up.The price is currently sitting at the 27000 SAT support area after forming a lower high around 28000 SAT against Bitcoin.Tezos could start decreasing if the price drops below the current holding support.XTZ/USD: Tezos Facing Crucial Resistance Line Key Resistance Levels: $2.7, $2.89, $3.07Key Support Levels: $2.375, $2.06, $1.88XTZ/USD. Source: TradingViewSince our previous analysis, Tezos has...

Ethereum increased by 2.5% over the past 24 hours, and it reclaimed the $200 level again.The cryptocurrency previously rebounded from a rising trend line, which allowed it to get over the $200 level this week.Against Bitcoin, ETH managed to rebound from the 0.021 BTC support to reach 0.0213 BTC.Key Support & Resistance LevelsETH/USD:Support: $200, $187, $180.Resistance: $211, $220, $225.ETH/BTC:Support: 0.021 BTC, 0.0208 BTC, 0.02 BTC.Resistance: 0.022 BTC, 0.0225 BTC, 0.023 BTC.ETH/USD:...