BitcoinBitcoin saw a 3% decrease over the last week of trading as it drops into the $9,445 level. The coin started the week battling the $9,815 level as it proceeded higher to reach $10,000. Unfortunately, BTC was unable to capitalize above $10,000 and dropped by a steep 7% yesterday.Luckily, it found support at a rising trend line, which has kept the bullish trend intact for now.Looking ahead, if the buyers push higher, resistance lies at $9,815 and $10,000. Above this, added resistance is...
Read More »ETH Looks For Support at $225 Following a 7% Plunge. Ethereum Price Analysis
Ethereum fell by a steep 6.7% over the past 24 hours as it drops toward $230.The cryptocurrency was struggling at the $250 level over the first two weeks of June but has remained supported at $225 thus far.Against Bitcoin, Ethereum struggles at the 0.025 BTC level.Key Support & Resistance LevelsETH/USD:Support: $235, $225, $215.Resistance: $250, $265, $274.ETH/BTC:Support: 0.0245 BTC, 0.0243 BTC, 0.0239 BTC.Resistance: 0.0253 BTC, 0.026 BTC, 0.0265 BTC.ETH/USD: Ethereum Losing Battle At...
Read More »Fidelity Suggests Institutional Investors Are Very Active in Crypto
One of the big worries surrounding the growth of the crypto space is that there is allegedly a lack of institutional investors, but according to the latest data from Fidelity Investments, this may not necessarily be the case.Fidelity: Most Institutional Investors Own Digital CurrencyAccording to the financial firm, roughly 36 percent of institutional players own crypto investments, and most of them own bitcoin, which remains the most popular digital currency. It is widely stated by...
Read More »President Trump’s Head of OCC Is Bullish on Bitcoin and Blockchain
Brian Brooks, the former chief legal officer of Coinbase, was recently appointed to serve as the interim head at the Office of the Comptroller of the Currency (OCC) in the Trump administration.Brooks has shown openness to exploit the merits of blockchain and cryptocurrency at his new position, according to a recent interview.Trump’s Head Of OCC Likes Blockchain And CryptoBrooks served as the chief legal officer of the largest US-based cryptocurrency exchange from 2018 until just recently. He...
Read More »Unknown User Pays $2.6 Million Ethereum Transaction Fee for the Second Time
The second $2.6 million Ethereum (ETH) transaction fee has provoked that questions on what is really happening and who is that user.Two $2.6 million Ethereum (ETH) transactions have occurred within 24 hours. The unknown user paid a $2.6 million fee for an $87,000 worth Ethereum transaction. Earlier, the user paid the same $2.6 million for a $133 (0.55 ETH) transaction.Ooft it happened again – another $2.6mil fee ? pic.twitter.com/bh3mkdHLNu— Anthony Sassano | sassal.eth (@sassal0x) June 11,...
Read More »Ethereum Creator Vitalik Buterin Explains How Crypto Industry Can Change Political Landscape
Ethereum co-founder Vitalik Buterin joined the discussion of how the political sphere can change under the influence of cryptocurrencies.On Monday, Ethereum co-founder Vitalik Buterin joined New York congressional candidate Jonathan Herzog and author and activist Glen Weyl in a live YouTube broadcast to discuss several pressing matters affecting our social settings.The three talked about the inequalities emanating from American politics resulting in the protests that erupted in different...
Read More »#901 Hundert Prozent in 30 Tagen, Markteinbruch innerhalb 3 Wochen, & ETH 2,5 Mio Gebühr für 0,5 ETH
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 901. Heute sprechen wir über folgende Themen: MakerDao steigt 100 Prozent in 30 Tagen, Markteinbruch „innerhalb 3 Wochen“ & Nutzer gibt 2,5 Millionen Dollar Gebühr für 0,5 ETH aus. Die heutige Show wird gesponsert von Bitwala Blockchain Banking – Erhalte 35 Euro für dein kostenloses deutsches Konto inkl. Debit Masterkarte und Bitcoin Wallet – https://bit.ly/Bitwala-Banking [embedded content] 1.) MakerDAO: Der Siegeszug geht...
Read More »Litecoin (LTC) Price Analysis: Technical Indicators Suggest An Upside Break
Litecoin price is trading nicely above a major support at $45.50 against the US Dollar.LTC price is likely to start a strong upward move if it clears the $46.80 and $47.00 resistance levels.There is a key contracting triangle forming with resistance near $47.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could only start a bearish wave if it settles below the $45.00 support zone.Litecoin price is showing signs of a bullish break above $47.00 against the US...
Read More »Crypto Price Analysis June 10: BTC, ETH, LTC, BCH, TRX
Volatility on the cryptocurrency market remains rather low. One shouldn’t exclude a possibility of strong movements to break sideways channels in many assets.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.For Bitcoin, a very important target is at $10.565, a breakout of which may push the major digital currency towards $13.000 or even higher. However, if...
Read More »New Reports Link More Than 40% of PAX Stablecoin Transfers To MMM Ponzi Scheme
Stablecoins are touted as a hedge against the high volatility in the cryptocurrency markets since they are pegged to a relatively stable asset or a basket of assets like fiats or precious metals. However, new findings reveal that some of these tokens have ties with illicit activities like Ponzi schemes.In its latest state of the network report, crypto analytics firm Coin Metrics analyzed the supply and activity distribution of stablecoins, including market leaders Tether (USDT), USD Coin...
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Ethereum (ETH)
