Crypto news

Ethereum surged by 15% over the past week of trading as it reaches $243.The coin broke above an ascending triangle pattern to end the consolidation during the week.Against Bitcoin, Ethereum has broken the upper boundary of a wide symmetrical triangle.Key Support & Resistance LevelsETH/USD:Support: $240, $225, $220.Resistance: $245, $250, $265.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.0239 BTC.Resistance: 0.0255 BTC, 0.0259 BTC, 0.0263 BTC.ETH/USD: Ethereum In A Battle With $250After...

Cardano recorded 7% gains to reach $0.0917 in two days as bulls remain in chargeThe price is now facing a crucial resistance line on the hourly chartADA/USD: Cardano Holds Weekly Support At $0.074Key Resistance Levels: $0.0917, $0.095, $0.1Key Support Levels: $0.082, $0.074, $0.07ADA/USD. Source: TradingViewLast week, Cardano saw an impressive increase of almost 20% to reach a three-month high of $0.087 on Binance. The surge was led by a break above the important $0.07 resistance, which...

This week had been quite volatile, even for Bitcoin. After the primary cryptocurrency broke-up to the 2020 highs near $10.5K, followed by a quicker drop back below the same critical trend-line, BTC is left now at the same levels it was trading at for the majority of the past week.The bottom line is that Bitcoin has hard times dealing with the descending trend-line as can be seen on both charts below – the daily and the 4-hour chart.This trend-line was started forming a month ago when Bitcoin...

The three largest banks in Japan will set up a study group to examine the benefits of building a common settlement infrastructure for digital payments. Local cryptocurrency exchange DeCurret will organize the group and the meetings, which should take place twice per month.Japan’s Largest Banks Look At Digital CurrenciesAccording to the recent report from the New York Times, the core banks in question behind the study group are Mitsubishi UFJ Financial Group Inc, Mizuho Financial Group Inc,...

The President of the United States, Donald Trump, has tapped Hester Peirce for a second term as a member of the Securities and Exchange Commission (SEC) as her current one is set to expire on June 5th, 2020. Peirce is a vocal defendant of Bitcoin as she opposed the rejections of a Bitcoin-based ETF by the Commission.Hester Peirce For A Second Term At The SECAccording to a Bloomberg Law report from today, the President of the United States, Donald Trump, has nominated Hester Peirce for a...

EOS price is trading nicely above the key $2.650 support zone against the US Dollar.The price is facing a short-term resistance near the $2.760 level, but it is well above 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $2.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains in an uptrend and it could continue to rise towards $3.000 in the near term.EOS price is gaining bullish momentum above the $2.700 level...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 897. Heute sprechen wir über folgende Themen: Craig Wright Tulip Trust Erfindung, Warum steigen die Märkte trotz weltweitem Chaos & Keine Konzerte ohne Impfung. [embedded content] 1.) ‘No Message Was Signed’: Craig Wright Refutes Tulip Trust Fabricationhttps://cointelegraph.com/news/no-message-was-signed-craig-wright-refutes-tulip-trust-fabrication 2.) Pomp Explains Why Mainstream Markets Are Up Amid...

Litecoin price is holding the key support area near $45.50 against the US Dollar.LTC price is likely to continue higher above the $47.80 and $48.00 resistance levels.There are two key bullish trend lines forming with support near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains in a positive zone and it seems like the bulls are eyeing a clear break above $50.00.Litecoin price is gaining bullish momentum and trading above key supports against the US...

The inflow of Bitcoin to cryptocurrency exchanges more than quadrupled on June 2, when the Bitcoin price crossed above the $10,000 price range for the first time since February.Bitcoin Holders Trying to Sell at $10,000?Data courtesy of Glassnode reveals a sharp spike in the volume of Bitcoin transferred to exchanges during BTC’s rise to $10,000. Binance was the favored destination for most of the Bitcoin deposits, as seen on the graph below.Bitcoin inflow to major cryptocurrency exchanges...

Well, analysts are probably feeling pretty darn foolish for reaching such premature conclusions about where the price of bitcoin will go in the coming days.The Bitcoin Predictions Came Too SoonEverybody was super stoked to see that bitcoin had finally broken past its recent $10K resistance. After trading in the mid-$9,000 range for the past few days, the currency rose as high as $10,100, causing everyone to break out the champagne a little too early.Why too early, you ask? Because the jump...