Crypto news

Bitcoin price climbed higher again after a short term correction to $9,700 against the US Dollar.The price revered losses and climbed to a new yearly high at $10,400.There is a key bullish trend line forming with support near $9,870 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to extend its rise above the $10,420 and $10,500 levels in the near term.Bitcoin price is trading in a strong uptrend above $10,000 against the US Dollar. BTC is likely to extend...

Sigma Prime’s Lighthouse project just unveiled an Ethereum 2.0 testnet it hopes will be capable of handling 100,000 validators. Sigma Prime is ready to stress test the Ethereum 2.0 client before it goes public. Paul Hauner, a lead developer for Lighthouse, posted a video unveiling the ETH2.0 testnet on Twitter this week. In a reply thread on the original video, Hauner says the testnet will be playing with 3.2 million “pretend ETH” (or a little under $800 million worth of simulated...

Bitcoin has been on something of a roll these past two months, and naturally, many analysts are thinking to compare the present bull run of the world’s biggest and most popular cryptocurrency with the one that occurred in 2017.Is Bitcoin Up to Its Same Old Tricks?During that time, the digital asset reached an all-time high of nearly $20,000 during the final weeks of the year. It’s a number that’s never been surpassed, nor has bitcoin ever come close to it again.It was a glorious time for...

During the Samsung Unpacked event at San Francisco, people were able to see the new Galaxy S20 family: Samsung Galaxy S20, Galaxy S20+ and Galaxy S20 Ultra.Samsung has just rolled out its new smartphone family. As we have announced earlier, it was an important day for Samsung fans. Just a couple of hours ago the world had an opportunity to ee three new Samsung Galaxy S20 smartphones during the presentation in Munich. Those are S20, S20+, and the ultra-hardcore monster – S20 Ultra smartphones....

With China set to release its new digital version of the yuan, the country’s national fiat currency, the U.S. has sworn to boost its technology and artificial intelligence spending to ensure it’s able to counter the nation’s attempts and keep itself in a competitive position.China Could Be Pushing the U.S.’s ButtonsThis could mean working harder to ensure a digital currency for the U.S. As it stands, things like Libra and even bitcoin (BTC) have regulators on edge and split right down the...

The price of bitcoin jumped on Tuesday after Jerome Powell stressed that the Fed is investing a significant amount into digital currency developments. Adding fuel to the fire, Powell also acknowledged how quickly crypto could become a systemic risk to the USD. China’s “Belt and Road” initiative is expected to roll out a digital currency very soon, and the Fed Char was clear that the U.S. was doing its best to keep pace. An otherwise dull testimony from Federal Reserve...

It looks like that $10,000 spike bitcoin has incurred was something of a fluke. The currency has suddenly fallen below the $10K level and is now trading at just above $9,800.Why Is Bitcoin Suddenly Falling?Was it possible the jump came too fast? Could the world’s number one cryptocurrency by market cap have suddenly run out of steam, or is this simply a small break in a continued period of ascension?Joe DiPasquale – the CEO of hedge fund manager Bit Bull Capital – states that the...

LINK is trading at a crucial resistance area after seeing gains of 13%.Chainlink is technically bullish across trading pairs but still facing a tough level at the immediate resistance.A pullback is likely if Link fails to overcome the current trading level.LINK/USD: Link Could Be Ready For Huge Rally But Still Waiting For Confirmation Above $4Key Resistance Levels: $4, $4.55, $5Key Support Levels: $3.5, $3.3, $3.1LINK/USD. Source: TradingViewSince our previous analysis, Chainlink has seen...

It is expected that within the next 6 months, JPMorgan will officially announce the merge of its blockchain system Quorum with that of ConsenSys. The companies are in talks now.JPMorgan Chase & Co, one of the largest banks in the United States by assets, is considering merging its blockchain unit Quorum with Brooklyn based startup ConsenSys. This is according to a post on Reuters posted on February 11 analyzing the deal and its possible outcome.According to the post, the deal is likely to...

Tezos (XTZ) price is up more than 100% since the beginning of 2020. It’s one of the best performing cryptocurrencies and has managed to enter the top 10 projects by market-cap as its market capitalization reached upwards of $1.9 billion.However, given the notorious history of most existing cryptocurrencies, people remain somewhat hesitant of what Tezos brings and whether or not it’s just another coin with little to no value. Well-known cryptocurrency commentator Alex Saunders commented on the...