Crypto news

Bitcoin cash price started a fresh decline after it topped near the $280 level against the US Dollar.The price is down more than 5% and it broke the key $250 support area.There was a break below a connecting bullish trend line with support near $246 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to continue lower and it could even retest the $225 support area.Bitcoin cash price is showing a few bearish signs below $250 against the US Dollar. BCH/USD...

Canada-based 3iQ Corp has launched a Bitcoin Fund on the Toronto Stock Exchange (TSX). It’s the first public cryptocurrency fund listed on a significant global stock exchange. The Class A units, having a total asset value of approximately $14 million, began trading today under the symbol QBTC.U.The Bitcoin Fund Is HereOn April 2nd, the digital asset fund management company, 3iQ, informed that The Bitcoin Fund had filed with the securities regulatory authorities in all Canadian provinces. It...

As the co-founder of Ethereum, Charles Hoskinson has always held a top spot in the crypto industry.Hoskinson Offers Another BTC-Related DishRecently, Hoskinson was one of a few investors to suggest that bitcoin could reach the six-figure range in the year 2020. Alongside individuals such as Ross Ulbricht of Silk Road fame, Hoskinson was quick to suggest that the world’s number one cryptocurrency by market cap could potentially hit $100,000 by the time the year was finished.Given that bitcoin...

Slowly but surely, the cryptocurrency industry is heading towards the mainstream adoption it deserves with a new milestone announced today.Fold Launches BTC Cashback CardFold, a bitcoin-friendly shopping app has become the first crypto startup to join Visa Fast Track Program and will now launch a Visa co-branded debit card that rewards users with Bitcoin for purchases made with the US dollar. According to the announcement Thursday, users can earn up to 10% Bitcoin cashback for every dollar...

A report from survey data firm Visual Objects suggests that bitcoin isn’t being used for black market purchases as much as everyone thinks.Visual Objects: BTC Isn’t As Bad As You ThoughtFor many people, bitcoin and crime go hand in hand. Even regulators and government officials seem to think this is true. Bitcoin, allegedly, offers the anonymity users need to purchase items like drugs, guns and other illicit goods without getting caught.However, this has become something of a stereotype over...

Analysts are predicting that April of 2020 could be a huge month for bitcoin and all its “offshoots.”Will the Halving Help or Hinder Bitcoin?Bitcoin is set to undergo a halving event in May, which up to this point, was slated to stretch the currency’s price beyond the stars and give it immeasurable power. However, as of late, the currency’s price appears to be gasping for air thanks in large part to the coronavirus-related panic that has brought down the world’s financial markets these past...

Despite weak buying pressure across trading pairs, Bitcoin SV is still up by 2.8% at the moment following its halving.A break above the previous high is expected to keep buyers on track.Nonetheless, Bitcoin SV has reactivated a short-term bullish trend following recent sudden price movement.BSV/USD:  BSV Aiming More Gains But Price Is WeakKey Resistance Levels: $250, $260Key Support Levels: $200, $185BSV/USD. Source: TradingViewAs most top altcoins have seen an interesting gain since the...

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The most widely used video-sharing platform, YouTube, has resumed the Crypto Purge with one significant difference. While some cryptocurrency content creators are again receiving warnings, others had their whole channels terminated.Same Thing Different MonthDecember 2019 saw the birth of what later became known as the YouTube Crypto Purge. The Google-owned video-sharing platform started issuing warnings and removing videos of numerous prominent cryptocurrency content creators.Since then, the...

Ethereum increased by a small 1.3% over the past 24 hours of trading as the cryptocurrency reaches $170.It is now facing resistance at the 100-days EMA and has struggled here for the past 3-days.Against Bitcoin, Ethereum continues to perform well as it reaches 0.0234 BTC.Key Support & Resistance LevelsETH/USD:Support: $165, $150, $145.Resistance: $175, $180, $188.ETH/BTC:Support: 0.023 BTC, 0.022 BTC, 0.0215 BTC.Resistance: 0.0235 BTC, 0.024 BTC, 0.0247 BTCETH/USD: Ethereum Struggles At...