Crypto news

Dow Jones has seen a path to recovery after the Federal Reserve announced major stimulus measures on Monday. Here’ a look at how this fiscal stimulus might help to overcome the existing economic challenges.On Monday, March 23, the White House and the Senate agreed to introduce a stimulus package to combat this economic meltdown caused due to the coronavirus pandemic. Soon after, the markets showed a renewed sense of optimism.On Tuesday, the Dow Jones Industrial Average surged over 10% moving...

XRP saw an 8% price increase over the last week as it trades for $0.161.The cryptocurrency is now trading within an acute ascending triangle pattern as it struggles to break above $0.171.Against Bitcoin, XRP created fresh lows for 2020 after breaking beneath 2455 SAT to reach 2360 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.16, $0.14, $0.136.Resistance: $0.171, $0.182, $0.191.XRP/BTC:Support: 2700 SAT, 2650 SAT, 2600 SAT.Resistance: 2410 SAT, 2360 SAT, 2290 SAT.XRP/USD: Ripple...

Visa (V) and Mastercard (MA) stock prices have risen boosted by the hopes that the stimulus bill from the U.S. government gives. However, a long-term trend may be in the offing as COVID-19 creates a new order of things.Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) stock prices have risen recently. Sources say that the stock prices of the payment services giants have been a beacon of hope as financial markets sway due to COVID-19.At the time of filing this report, Mastercard (MA) stock...

A significant number of Bitcoin investors transferred extensive quantities of their holdings to exchanges during the most notable price slumps in mid-March. Ultimately, most of their panic sales were at a loss, according to the Spent Output Profit Ratio (SOPR) indicator.Bitcoin Investors Rush To Sell In PanicThe popular cryptocurrency monitoring resource, TokenAnalyst, studied the flow of Bitcoin into exchanges around March 12th, when the primary digital asset lost approximately 40% of its...

EOS price is trading in a positive zone above the $2.150 support against the US Dollar.The price is likely to start a strong increase if it breaks $2.400 and $2.500.There is a key contracting triangle forming with resistance near $2.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The current price action is positive and suggesting more gains above $2.400 and $2.500.EOS price is slowly gaining bullish momentum above $2.200 against the US Dollar, similar to bitcoin. A...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 843. Heute sprechen wir über folgende Themen: Bitcoin & Ethereum bald das neue Dreamteam, Bitmain: Antminer S19 innerhalb von 24 Stunden ausverkauft & BTC Mining Difficulty fällt 16% 1.) Bitcoin & Ethereum bald das neue Dreamteam? – Buterin will eine Verbindung ohne Dienstleisterhttps://cryptomonday.de/bitcoin-ethereum-bald-das-neue-dreamteam-buterin-will-eine-verbindung-ohne-dienstleister/...

As Bitcoin continues to struggle to maintain the $6,000 price area, the formation of another technical pattern is raising some concerns. The cryptocurrency charted a Death Cross, which is something that should be taken into consideration, of course, as long as you follow technical analysis.The Third Death Cross Since 2018 IncomingFirst things first, it’s important to note that a Death Cross is a commonly referenced technical analysis setup. It occurs when the 50-day moving average line...

Litecoin price is slowly recovering and trading above the $36.50 support against the US Dollar.LTC price is facing a strong resistance near the $41.00 area.There is a major contracting triangle forming with resistance near $40.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a strong rally above $41.00 or it might dive towards $32.50.Litecoin price is likely preparing for the next major move against the US Dollar, similar to bitcoin. LTC price...

Twitter founder and CEO Jack Dorsey went on to found Square Inc. (NYSE: SQ) in 2010. It’s a payment processing company that made a credit card reader merchants could use with their smartphone to accept payments. But in 2015, Square took it a step further with the creation of Square Cash (now called Cash App).It allowed businesses and organizations to send money from smartphones using a “cashtag” like “$thisisacashtag.” The idea was to make sending cash as easy as sending an email. The Cashtag...

As Congress nears a deal on the economic stimulus package, the latest proposal has taken a crypto turn and is offering the notion of a potential digital dollar.Is a Digital Dollar Coming to the U.S.?Many countries, as of late, have brought up the idea of introducing a national digital currency for its citizens. China, for example, is arguably the biggest example, having divulged the secrets of its latest project in the digital yuan. The currency has stirred controversy among those who believe...