The cryptocurrency market is growing at a notable rate since the beginning of 2020. Interestingly enough, the growth is across the board. Despite Bitcoin’s increasing price, its dominance continues to fade. This is a definitive sign that altcoins are claiming serious grounds as their prices continue to boom.Cryptocurrency Market Cap At 6-Month HighIt’s safe to say that 2020 has been an exciting year for cryptocurrencies across the board. The entire market’s capitalization has increased to...
Read More »Cardano (ADA) Price Analysis: Bulls Aiming $0.08 or Higher
ADA price is gaining pace above the $0.0620 resistance area against the US Dollar.The price recently broke the $0.0650 level and it could continue to rise in the near term.There is a major bullish trend line forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The price is likely to surpass the $0.0700 resistance and continue higher in the near term.Cardano price is trading in a strong uptrend above $0.0600 against the US Dollar, similar to bitcoin. ADA price could...
Read More »FCA Orders ePayments to Suspend Its Operations Until AML Regulations Are Met
ePayments Systems Ltd had to suspend online payment operations after the Financial Conduct Authority (FCA) order due to AML concerns.The Financial Conduct Authority (FCA) has ordered ePayments Systems Ltd to suspend all its operations based on a lapse in its anti-money laundering set procedures. This action will see thousands of registered account holders with the electronic money institution frozen and not able to transact until it meets the set standards by FCA.The news was conveyed through...
Read More »Crypto Advocate Andrew Yang Withdraws from Presidential Election 2020
Andrew Yang entered the presidential race in November 2017 under the slogan “Make America Think Harder”. But now he has dropped out of the election race 2020.An American 2020 Democratic presidential candidate Andrew Yang has withdrawn from the election. The news came on the night of the New Hampshire primary. The early results (just 1 percent of the delegates in the Iowa Caucuses) suggested the Democratic candidate failed to win.Yang commented:“You know I am the math guy and it is clear...
Read More »Ethereum Price Analysis: ETH Skyrockets To $255 Overnight To Complete 90% Gains In 2020
Ethereum witnessed an increase of 15% today, making it the strongest performing coin out of the top 5 cryptocurrencies.ETH penetrated above the $240 resistance to reach the current price of $253.It also climbed well above 0.023 BTC against Bitcoin to create a fresh 7-month high.Key Support & Resistance LevelsETH/USDSupport: $250, $240, $225.Resistance: $268, $277, $300.ETH/BTC:Support: 0.0239 BTC , 0.023 BTC, 0.022 BTC.Resistance: 0.0247 BTC, 0.0261 BTC, 0.0278 BTC .ETH/USD: Ethereum...
Read More »Bitcoin Price Hits $10,320 as Fed Chairman Confirms Crypto Is a Threat to U.S. Dollar
Bitcoin price and the overall crypto market reacted positively after Fed Chairman Jerome Powell recently stressed on the importance of private crypto-based transactions. He said that the Fed is working on a number of projects for digital currencies.Bitcoin price surged over 5% on Tuesday, February 11, pushing it to a five-month high above $10,300 levels. With this move, BTC has surged nearly 50% since the beginning of 2020. At press time, BTC is trading 5.6% up for a price of $10, 304 with a...
Read More »#811 Plustoken BTC Dump, BitGo Deutschland und Schweiz & Google Partnerschaft Hedera Hashgraph
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 811. Heute sprechen wir über folgende Themen: Plustoken bewegt 12.000BTC, BitGo lässt sich in Deutschland und der Schweiz nieder & Google kündigt strategische Partnerschaft mit Hedera Hashgraph an. 1.) Droht der große Bitcoin Dump? – PlusToken transferiert 12.000 BTC und verbreitet Panikhttps://cryptomonday.de/droht-der-grosse-bitcoin-dump-plustoken-transferiert-12-000-btc-und-verbreitet-panik/ 2.) BitGo...
Read More »Pro Cryptocurrency US Presidential Candidate Andrew Yang Suspends His 2020 Campaign
Democrat Andrew Yang, who previously urged for more transparent cryptocurrency regulations, has suspended his 2020 presidential campaign. With recent disappointing results, he felt convinced that they wouldn’t win the race, thus deciding to end his campaign in advance.Yang Drops Out Of the 2020 Presidential RaceAndrew Yang is an American author, lawyer, and entrepreneur, who was also running for the presidential seat in the upcoming 2020 elections. Speaking in New Hampshire earlier today,...
Read More »Bitcoin Price Analysis: BTC Skyrockets $800 To New 5-Month High, Now Facing Critical Resistance From 2019
This is going to be a quick update following our latest Bitcoin price analysis from yesterday.As mentioned yesterday, since the year of 2020 begun, Bitcoin price had gone through three mini-rallies. All those rallies corrected back to the Fibonacci retracement level of 38.2% (a clear sign of bullish uptrend).The last of the three rallies ended yesterday, while Bitcoin corrected to $9,750 (which is the 38.2% Fib level).We stated in our analysis that in the case Bitcoin maintains that level –...
Read More »Bitcoin Price Analysis: BTC Bulls Remain In Driver’s Seat
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...
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