Crypto news

EOS price rallied recently above the $3.200 and $3.580 resistance levels against the US Dollar.The price traded as high as $4.066 and it is currently correcting lower.There is a major contracting triangle forming with support near $3.350 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline in the short term, but dips remain well supported near $3.350.EOS price is trading in a nice uptrend above $3.350 against the US Dollar, just like bitcoin. It could...

Crypto services startup Anchorage has surprised institutional investors with good news. Firstly, Anchorage is launching crypto brokerage service Anchorage Trading that offers numerous features to its clients. Secondly, the company announced its first acquisition. Anchorage has purchased Merkle Data, a provider of risk management and analytics software. The moves mark not only Anchorage’s expansion but also improving the quality of services it provides.Anchorage Crypto Trading PlatformThe news...

Litecoin price gained a strong bullish momentum after it broke the $48.00 resistance against the US Dollar.LTC price traded towards the $60.00 resistance and it is currently correcting lower.There is a key contracting triangle forming with support near $54.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported on the downside near $52.00 and $50.00.Litecoin price is trading in a bullish zone above $50.00 against the US Dollar, similar to bitcoin....

Blockchain Life 2020 is the biggest event on blockchain, cryptocurrencies and mining in Russia and Europe and one of the largest events in the world. The forum welcomes more than 5000 participants this spring at an innovative venue — Music Media Dome.The global crypto community from 70 countries comes to Blockchain Life 2020 to expand their professional network and engage in the industry’s development.Among the attendees: top management of the leading international cryptocurrency projects,...

BSV “flash dump” may occur soon. Is it time to short BSV? Crypto volatility is back, baby! While 2020 is scheduled to be the year bitcoin blows-up, it seems a few traders didn’t get the memo—opting instead to pump derivative rival, Bitcoin SV. The bitcoin cash spin-off has posted a 291% year to date increase, but has its luck run dry? Is BSV about to come collapsing down? And is it time to go short? That’s the opinion of most BSV critics today, of which there seems to...

Could a bitcoin exchange-traded fund (ETF) finally arrive in 2020? According to ETF Trends CEO Tom Lydon, there is a 60 percent chance that such a product could come about this year.Tom Lydon: A Bitcoin ETF Has a Good Chance in 2020In a recent interview, Lydon explained that there are many things happening in 2020 that could potentially lead to the birth of a bitcoin ETF. For one thing, the Securities and Exchange Commission (SEC) has recently approved a new bitcoin fund via the NYDIG Bitcoin...

According to recent buzz on Twitter, one of the biggest names in the crypto-industry, Michael Novogratz, is speaking up and questioning the biggest price shift made by altcoins yet this year, raising a red flag for crypto-enthusiasts everywhere.Michael Novogratz is the CEO of U.S.-based Galaxy Digital Holdings Ltd, a limited partner of Galaxy Digital LP, a merchant banking institution focused on digital assets and blockchain technology.The crypto mogul recently spoke out via tweet about this...

Tom Lee, a senior analyst at Fundstrat, is at it again and predicting bitcoin’s price despite claiming at the end of 2018 that he would never try to predict where bitcoin would go again.Tom Lee: Bitcoin Will Double Its Current PriceThis time, however, Lee seems a little more on the mark. At the time of writing, bitcoin is trading for just over $8,600, a $1,700 increase from where it stood just 12 days ago. Lee comments that 2020 is likely to end the year with bitcoin doubling its present...

The situation in Lebanon just got intense as the Western Asian country is currently facing what appears to be its worst economic crisis since the end of its civil war in 1990.Reports from international news media, France 24, today revealed that angry protesters launched a night-time attack on several banks in the Beirut, the capital city and commercial hub of Lebanon, after a brief lull in the past weeks.The demonstrators were fiercer in their renewed rallies as they attacked the district of...

Multinational payment remittance platform MoneyGram has announced a partnership with the EbixCash network, to expand Moneygram’s presence in India. The partnership was announced in an official MoneyGram news release published on Monday, Jan. 13.The press release states that EbixCash is a wholly-owned subsidiary of Ebix, Inc. The latter is an international supplier of application software products, based in Atlanta, Georgia. Starting immediately, EbixCash will be exclusively responsible for...