Crypto news

Bitcoin’s $10 million dollar price prediction hits Twitter. Is bitcoin a reserve currency? Some analysts believe U.S. dollar inflation will push bitcoin higher. According to Blockstream founder and cypherpunk, Adam Back, Hal Finney’s $10 million price point for bitcoin isn’t so far fetched, though, the reasons behind these levels may not be as apparent as you may think. When it comes to price predictions, crypto analysts often tout the most hyperbolic and...

The owner of popular Fortune magazine, Chatchaval Jiaravanon, plans to do a lot more in the fintech sector, through acquisitions. Jiaravanon, who also has a fintech startup called Lightnet, believes that acquisitions will pretty much change the game. In a recent interview as reported by Bloomberg, Jiaravanon said:“Acquisitions will be the quickest way for growth in a fast-changing environment.”Chatchaval’s father, Sumet Jiaravanon, is the executive chairman of Charoen Pokphand Group,...

Ethereum is moving sideways at the $143 level as it attempts to overcome resistance at $147.Against BTC, ETH is struggling to overcome resistance at 0.0179 BTC but remains supported at 0.0175 BTC.Ethereum still remains within a neutral condition until the bulls can bring the market above the December highs at $152.Key Support & Resistance LevelsETH/USDSupport:  $133.50, $128, $120.Resistance: $145, $152, $158.ETH/BTC:Support: 0.0171 BTC, 0.0169 BTC, 0.0164 BTC.Resistance: 0.0175 BTC,...

A popular host and crypto investor has made a bullish statement on altcoins. Ran NeuNer’s tweet was met with heavy criticism. Nevertheless, it is difficult to deny that large market cap coins are showing signs of strength. It’s not a secret that most alternative coins or altcoins are dependent on bitcoin. Wherever BTC goes, almost every other crypto token follows. That’s especially true for large market cap coins such as Ethereum, Litecoin and EOS. A score of one...

Tesla stock price has continued to rise after making spectacular gains at the weekend. Tesla stock closed at $478.15 apiece on Friday. This has made Oppenheimer and Co. Inc. give the biggest bullish price prediction yet. The New York-based investment firm has given a price prediction of $612 per share. Sources indicate that this is the highest share price prediction given by a Wall Street firm. The firm said in a note to its clients:“We believe the company’s risk tolerance, ability to...

A position trader is making noise on social media after tweeting an ultra bullish prediction on bitcoin. The cryptocurrency’s performance in the last two halvings may have prompted the analyst to make a bold call. Other big names in the industry share a more conservative price target. Bitcoin’s recent bullish price action is giving new life to crypto enthusiasts. The crypto token is up over 12% year-to-date. While the gains are not as impressive as they sound, the...

SummaryEOS witnessed a 7-day price increase of about 11.30%, bringing its price up to $3.10.The cryptocurrency broke above a 6-month old descending price channel this week.Against Bitcoin, EOS managed to break above a 5-month old symmetrical triangle pattern as it heads higher.Key Support & Resistance LevelsEOS/USDSupport: $3.10, $3.00, $2.64.Resistance: $3.20, $3.40, $3.67.EOS/BTC:Support: 0.000373 BTC, 0.000335 BTC, and 0.000316 BTC.Resistance: 0.000405 BTC, 0.000418 BTC, and 0.000432...

Analysis streaming out from Wall Street suggests that the year 2020 has a lot of profitable stocks available for investors who choose such companies as Facebook, Verizon, and McDonald’s, among others.Key PointsHigh yield stocks up for grabs in 2020.Facebook’s politically-induced woes may finally pay off in 2020.Verizon’s commitment to its core values makes it a company to watch out for in 2020.McDonald’s introduces innovative ideas that are stock boosters.McDonald’s to Become a More...

Instagram’s Boomerang has received an upgrade. Apart from looping, users of the social networking platform will be able to do a bit more with their videos. The platform has introduced new tools to try to compete with TikTok.The features have been expected by many users. One of the features is the trimming effect. This improves playback control for videos when editing. Other effects include “SlowMo” which reduces playback by 50%, “Echo” which produces blurry playback and “Duo” which produces...

This impressive Casascius collection boasts roughly 87 bitcoin. At today’s price of around $8,100 that translates into an investment of just over $700,000. Novel as they are, collectibles still pose a major security risk. A bitcoin collectibles collection worth a little over $700,000 has surfaced on Reddit. Known as Casascius, these rare “physically-minted” coins were all the rage back in cryptocurrency’s heyday. Now, thanks to over-regulation, Casascius is proving to...