Crypto news

Bitcoin hits $8,745.24 on Bitstamp, the highest since early November. Altcoins show strong upside, with Bitcoin SV, bitcoin cash, Litecoin and EOS registering double-digit percentage gains. As a collective, crypto markets are trading at two-month highs. Bitcoin’s technical breakout intensified on Tuesday, serving as a primary catalyst for altcoins to extend their rally. The resulting rally pushed the total cryptocurrency market cap north of $233 billion, the highest...

XRP sees a 5% price increase today, bringing the cryptocurrency back above the $0.22 level.Against BTC, XRP has dipped lower as it breaks through the 2600 SAT support.The latest price increase is largely due to the fact that Bitcoin surged by over 6% in today’s trading session.Key Support & Resistance LevelsXRP/USDSupport:  $0.21, $0.20, $0.1850 Resistance: $0.2283, $0.2345, $0.25.XRP/BTC:Support: 2600 SAT, 2350 SAT, 2455 SAT.Resistance: 2710 SAT, 2800 SAT, 2900 SAT.XRP/USD: XRP Bounces...

When news first broke out about Akon’s plans to build a “real-life Wakanda city” powered by cryptocurrency and renewable energy, many thought it was just a ruse for the African-American singer and entrepreneur to stay relevant.However, recent events have shown that the iconic rapper is indeed serious with his plans to build his own smart city named after himself “Akon City” in Senegal, and it is now official.Akon Announces “Akon City”Akon said on Monday via a tweet that he has finalized the...

Liteocin saw a 20% price surge this week that allowed the price for the coin to rise toward the $54 level.Against BTC, LTC has also increased as the market meets resistance at the 100-days EMA.Litecoin has now shot back into the 7th ranked position with a market cap of $4.64 billion.Key Support & Resistance LevelsLTC/USDSupport:  $50, $47.76, $44.31.Resistance: $55.03, $60.20, $64.91.LTC/BTC:Support: 0.0062 BTC, 0.0060 BTC, 0.0058 BTC.Resistance: 0.00648 BTC, 0.0067 BTC, 0.0070...

Many crypto analysts believe that bitcoin has already bottomed out. Bitcoin’s bullish price action is giving some traders the ammunition to predict a run-up to $14,000. Other analysts warn that investors should taper their expectations. Bitcoin is starting the year with a bang. The top cryptocurrency is up by over 17% year-to-date, and we’re just two weeks into 2020. The impressive run has caught the attention of analysts. Some are already claiming that the bear...

It’s common knowledge in the cryptocurrency world that bitcoin dictates the trend. New information suggests that bitcoin might be following the lead of a stablecoin. The correlation between BTC and USDT has been growing over the last 18 months and it shows no signs of slowing down. In the cryptocurrency world, it’s no secret that almost every coin follows bitcoin’s lead. Wherever the top cryptocurrency goes, nearly all coins follow. I found it surprising that a...

XRP status has been classified as unclear. The U.S. Commodities and Futures Trading Commission (CFTC) Chairman Heath Tarbert has indicated. He said this in an interview while trying to clarify the status of different cryptocurrencies. He noted:“It’s unclear. Stay tuned I’d say. Part of the issue is that our jurisdiction we share with the SEC [Securities and Exchange Commission]. If it’s a security, it falls under their jurisdiction. If it’s a commodity, it falls under ours.”CFTC...

After closing Monday at $524.86, Tesla stock accelerated on Tuesday in premarket to yet another all-time high in just a span of days. At the time of writing the price was growing by 1.74% to $534.With the electric car maker’s market cap now crossing the psychological margin of $90 billion, the company’s CEO, Elon Musk is now pretty close to unlock the first tranche (out of 12) of his generous pay package that was announced in 2018.Musk’s compensation plan included numerous performance targets...

Tatcha, a $500 million skincare company, has origins that can be traced to Starbucks. As different as both lines of business are, the founder’s experience in the coffee-making behemoth, prepared her for the future. This was a future founder Vicky Tsai, who quite easily scaled, thanks to hands-on experience with Starbucks.Tatcha – Starbucks OriginsTsai’s yearning for business success was a key ingredient in her decision to attend the Harvard Business School. Leaving for Shanghai almost...

For the first time, FC Barcelona came in the top leading place of the world’s most money-spinning football clubs regarding the annual league table. This also marked the transaction of power in London and the north-west.The Spanish champions saw their revenue grow to €840.8 million (£741.1 million) last year. This represents a record figure for any team and it is almost 10 % more than a domestic competitor Real Madrid has.Manchester United said its income was €711.5 million (£627.1 million) in...