Crypto news

The future of Facebook is not in question. However, even as its stock continues to rise, regulatory hurdles mar the company’s journey. Yesterday, the FB stock price increased by 1.69%.Facebook is easily one of the world’s most successful companies. The social media giant has had an impressive streak and keeps on gaining in popularity and utility. This is also helped by the fact that over time, it’s been able to acquire other potential competitors such as Instagram and Whatsapp. Today,...

Tezos remains the 10th largest cryptocurrency by market cap following its rally during the last few weeks.Triangle breakout signals a recent price increase for Tezos across trading pairs.Technical MACD is bullish as XTZ reclaims important resistances on the way up.XTZ/USD: Tezos Set For New Rally After Breaking Monthly HighKey Resistance Levels: $4, $4.2, $4.5Key Support Levels: $3.4, $3, $2.7XTZ/USD. Source: TradingViewTezos is on the move again. After losing 10% during a three days...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The buyers of cryptocurrency have yet failed to secure above the local resistance levels. There is a risk of a descending correction if the bulls do not move the...

The leading cryptocurrency exchange in the United States, Coinbase, has been approved as the very first “pure-play” crypto-related company to become a Visa principal member. Supposedly, this would allow the exchange to further improve its customer experience.Coinbase Becomes Visa Principal MemberAccording to an official release, the San Francisco-based cryptocurrency exchange has managed to get approval for becoming a Visa principal member.Supposedly, Coinbase is the first company in the...

Tesla (TSLA) stock has reacted positively to the news about the company’s talks with CATL, a Chinese producer of cobalt-free batteries.News from the leading electric car manufacturer Tesla: the company is negotiating the deal with CATL, a Chinese producer of batteries for electric vehicles. Tesla is planning to use CATL’s cobalt-free batteries in cars that its Shanghai plant in China produces. As a result of the announcement, Tesla (TSLA) stock soars. In several hours, it increased by 7.30%...

Alphabet Inc. shows incredible profits during the overall market depression. Google Cloud and YouTube are making a good contribution to the total revenue. Alphabet (GOOGL) stock may reach new highs.While the regulators promise new threats that will apply more harm to small businesses than to Google itself, the giant continues making huge profits. The long-awaited YouTube revenue report is also a big deal to concern. Looks like, the more troubles Google has, the more solutions they generate to...

In the framework of his campaign, U.S. presidential candidate Michael Bloomberg offered to develop a regulatory framework for cryptocurrencies.Billionaire entrepreneur, who turned politician, Michael Bloomberg is currently the U.S. presidential candidate 2020. As the U.S. Democratic party presidential campaign enters its closing stages, aspirants are throwing all they have in the ring to gain the support of democrats nationwide and Michael Bloomberg is not one to be left out.The billionaire...

The Irish High Court ordered an alleged drug dealer to forfeit $56 million worth of Bitcoin to the Criminal Assets Bureau (CAB). The decision came after the Court ruled that Clifton Collins purchased the digital asset with his drug profits.Over 5,500 BTC ForfeitedA local news outlet reported earlier today that Clifton Collins from Dublin was involved in the sale and supply of drugs. Charged under the Proceeds of Crime legislation, Collins should forfeit all his proceeds of crime assets.They...

Etheruem rebounded and increased by 5% over the past 24-hours to return into the 2020 high at $287.Over the past few days, ETH dropped into support at $237, where it bounced higher again.Against Bitcoin, ETH clocked a fresh 2020 high above 0.028 BTC.Key Support & Resistance LevelsETH/USD:Support: $250, $237, $222.Resistance:$287, $300, $310.ETH/BTC:Support: 0.027 BTC, 0.0261 BTC, 0.0256 BTC..Resistance: 0.0278 BTC, 0.0288 BTC, 0.030 BTC .ETH/USD – Ethereum Returns to 2020 HighSince our...

A quick recap of the recent price action: Following a bloody weekend after rejecting from the $10500 resistance level, the current 2020 high, Bitcoin had dropped to its weekly low at $9467 (Bitstamp).This is not a coincidence, BTC had accurately reached our marked lower descending trend-line that follows Bitcoin’s price action since January 3rd, on the following 4-hour chart.As we stated here before, since 2020 begun, we see a bullish higher-low trajectory. And yes, corrections are a healthy...