BitPay is joining forces with Apple Pay as more institutions are inclining toward cryptocurrencies, influenced by Tesla’s $1.5B investment in Bitcoin.Atlanta-based crypto payment provider BitPay has taken a step further with cryptocurrency transactions by incorporating Apple Pay into its platform. Now users can add the Mastercard Prepaid service to Apple Pay.This integration will allow users to spend their crypto in a secured, fast manner as well as turning them into US Dollars, the company...
Read More »The Week Tesla’s Bitcoin Purchase Sent BTC To Almost $50K: The Weekly Crypto Market Update
To say that the last week was interesting in the cryptocurrency market would be a massive understatement. Bitcoin almost reached $50K, Ethereum shot past $1800, BNB peaked at around $150 – these are just some of the highlights.Starting off, a few days ago, Bitcoin received perhaps what might be considered as its major endorsement in the recent years – Tesla revealed a bitcoin buy worth $1.5 billion in January. That’s right – one of the world’s largest public companies allocated around 15% of...
Read More »Top Exchanges Scramble to List Algorand Assets, OKEx and KuCoin the Latest Entrants
Leading cryptocurrency exchanges are rushing to add support for assets based on the Algorand blockchain. The recent additions will allow users to deposit and withdraw assets such as Tether (USDT) and USDC using the Algorand protocol. Users will also be able to trade those assets for other cryptocurrencies in a seamless manner.Assets built on the Algorand network are denoted with the suffix, ASA, to differentiate them from those on other blockchains such as ERC20 for Ethereum and TRC for Tron...
Read More »Crypto Price Analysis & Overview February 12th: Bitcoin, Ethereum, Ripple, Cardano, and Binance Coin
BitcoinBitcoin is up by a solid 28.2% this week as the coin set a new ATH today at $49,000. The cryptocurrency had penetrated above the previous consolidation pattern at the start of the month and started to push higher over the past week.On Monday, BTC surged from $38,800 to reach the resistance at $46,427 (1.618 Fib Extension – red). There, it established an ascending price channel. It took a couple of days for BTC to break that level.Today, Bitcoin climbed higher to set the new ATH at...
Read More »Ethereum Price Analysis: ETH Facing Huge Resistance on Its Way to $2,000
ETH/USD – Hints Of Bearish Divergence ShowingKey Support Levels: $1685, $1600, $1536.Key Resistance Levels: $1800, $1850, $1900.Ethereum has now established another ascending price channel as it trades near the upper boundary. It had rebounded from $1300 at the start of the month and pushed higher to reach a new ATH at $1839 this week.Over the past four days, Ethereum seems to be struggling to penetrate the resistance at $1800 as it couldn’t close a daily candle above it. For this bullish leg...
Read More »Implementiert Mastercard Bitcoin?
Mastercard Der Kreditkarten-Anbieter Mastercard will noch in diesem Jahr sein globales Netzwerk für Kryptowährungen öffnen. Und das wäre eine Sensation. Den dadurch könnten Händler mehr Kunden erschliessen, die bereits auf die digitalen Vermögenswerte setzen. Allerdings werde Mastercard nicht alle Kryptowährungen unterstützen, da einige der digitalen Coins noch unzureichende...
Read More »Jim Cramer Confirms That He’s Got Some BTC Tucked Away
Jim Cramer – host of the show “Mad Money” on CNBC – has stated in a recent interview that he does, indeed, own some bitcoin, and that he sees it as a powerful alternative to cash and fiat currencies.Jim Cramer Admits to Being a BTC OwnerDuring the chat, he commented that the days of keeping hordes of cash in the bank are coming to an end. While he still believes fiat has some value, he says that simply keeping it in a savings account somewhere isn’t going to do much for people. These accounts...
Read More »Cardano Price Analysis: ADA Now 3rd Biggest Cryptocurrency Following 120% Weekly Surge
ADA/USD – Cardano Reaches Top Three Ranked ProjectsKey Support Levels: $0.9, $0.789, $0.691.Key Resistance Levels: $0.989, $1.10, $1.17.Cardano has been on a mesmerizing run this past week as it managed to soar by 120% to reach the current $0.952 level and become the third-largest cryptocurrency by market cap, just behind Ethereum.The cryptocurrency had been trading within an ascending price channel through January 2021. Last week, it managed to break the upper boundary of this price channel...
Read More »BTC Fork Bitcoin Ultimatum Launches Mainnet and Gets Approval from Biggest Crypto Exchanges
The Airdrop of BTCU implies crediting newly issued coins in a 1:1 ratio to the wallets of BTC users at the moment of the fork, and the team will send the coins to those wallets which platforms say they support the BTCU fork.The Bitcoin Ultimatum mainnet launch took place on February 5th, 2021. BTCU blockchain is the hybrid of Bitcoin and Ethereum, the two giant cryptos with huge capitalization and lots of fans, and it takes the best from their infrastructure. The new BTC fork initially is...
Read More »New Bullish Wave in Sight for BTC/USD and ETH/USD after mid-February Correction
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.BTC/USDBTC/USD started the trading session of 10th February at 46,505. From the start of the trading session until 05:00 UTC, the trading pair was trending down and briefly fell below 46,000 between 04:00 and 05:00 UTC. A local pullback followed the downslide, and the pair reached the local resistance level at 47,341 between 10:00 and 11:00 UTC, but was...
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