Crypto news

BitcoinBitcoin witnessed a turbulent week after dropping by a total of 5.5% to bring the cryptocurrency back beneath $10,000. During the sell-off, Bitcoin fell beneath the previous rising price channel but has managed to rebound at support at $9,552, provided by a short term .236 Fib Retracement.Looking ahead, if the buyers push higher, resistance lies at $9,800 and $10,000. Above this, strong resistance is expected at $10,430 (2020 high) and $10,700 (1.414 Fib Extension). On the other side,...

As part of its portfolio reshuffling strategy for 2020, investment giant David Selected Advisors decided to dilute its stake in Microsoft (MSFT) while simultaneously seeing a strong potential and increasing its stake in the Intel (INTC) stock.Since the beginning of 2020, the markets have been soaring massively making fresh highs every week. Earlier this week on Wednesday, both S&P 500 and Nasdaq made their record highs. While the Dow Jones Industrial Average (DJIA) continued to soar a...

Chainlink has seen a strong 52% price increase over the past fortnight as it reaches $4.29.The cryptocurrency was unable to overcome the 2019 high at $4.81, causing it to roll over and fall by around 10% this week.Against Bitcoin, LINK has been clocking fresh ATH’s as it reaches as high as 0.00049 BTCKey Support & Resistance LevelsLINK/USD:Support: $4.81, $5.00, $5.43.Resistance: $4.14, $3.75, $3.21.LINK/BTC:Support: 0.000428 BTC, 0.000392 BTC, and 0.000367 BTC.Resistance: 0.00046 BTC,...

The Swedish Central Bank will establish a test group for its potential digital currency – the e-krona. It will run for a year and should confirm if there’s an actual need case for launching a digital krona.Testing The E-KronaRecently reported by local news, the Riksbank is ready to launch a group to examine the potential e-krona. The participants will play out different scenarios to determine if the digital currency’s performance is sufficient and reliable. A statement from the bank outlines...

Bitcoin, just like Bitcoin, is sometimes having wild moves that are unexpected. As we mentioned in our recent price analysis, the last week was very volatile and abnormal for BTC.After breaking the bullish uptrend, followed by 38.2% corrections, we started to witness the abnormal behavior: Bitcoin dropped down almost to $9400 before a pump to $10,300, which had quickly turned into a classic Bull-trap.On the lower timeframe – the 4-hour chart, we can see Bitcoin forming a double-top (which is...

In the past three months, Virgin Galactic (SPCE) stock has climbed 310%, outperforming Tesla (TSLA) and Apple (AAPL).These days, Richard Branson’s Virgin Galactic Holdings Inc (NYSE: SPCE) is the most frequently mentioned company in headlines of tech news. And hot discussions around its activity are no wonder as the company’s stock shows incredible movements. Virgin Galactic (SPCE) stock rises, with shares of the company nearing $40. The company’s stock has climbed 310% in the past three...

Bitcoin cash price declined recently below the $424 and $400 support levels against the US Dollar.The price is currently recovering above the $370 level after testing $350.There is a key declining channel forming with resistance near $390 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a fresh increase if it breaks the $390 and $400 resistance levels.Bitcoin cash price is showing signs of a decent recovery from $350 against the US Dollar. BCH/USD must...

As part of the of its $2.31 billion worth of stock offering, Musk himself purchased 13,307 TSLA shares at a price of $767 per share worth a total of $10 million. Elon Musk raising his stake in Tesla is a vote of confidence for the investors.On Wednesday, February 19, electric car maker Tesla Inc. (NASDAQ: TSLA) revealed the closure of its common stock offering in the open markets. Soon as the announcement came, the TSLA stock skyrocketed above $900 levels in just a few trading hours.In the...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 818. Heute sprechen wir über folgende Themen: 1.300 US-Dollar für einen Bitcoin, Gericht beschlagnahmt 52 Millionen Euro in Bitcoin & Schweden testet neue digitale Zentralbankwährung. 1.) 1.300 US-Dollar für einen Bitcoinhttps://www.btc-echo.de/1-300-us-dollar-fuer-einen-bitcoin/ 2.) Gericht beschlagnahmt Bitcoin im Wert von 52 Millionen...

Brazil won’t adopt RippleNet or XRP as the Central Bank has announced its own payment network with low fees, fast transactions and huge liquidity. The PIX coin starts off in Q4 2020.The Brazilian government has decided to implement a new almost instant payment solution, presumably called the PIX coin. It will shine in Q4 2020 via mobile devices and POS terminals, and they have no plans on adding Ripple‘s XRP.The project was developed by the Central Bank of Brazil and received the name PIX. It...