Markets

Stellar lumen price is trading in a positive zone above the $0.0700 pivot level against the US Dollar.XLM price is likely to accelerate higher if it clears the $0.0750 and $0.0760 resistance levels.There is a major bullish trend line forming with support at $0.0710 on the 4-hours chart (data feed via Kraken).The pair could rise steadily as long as it is above the $0.0680 pivot zone.Stellar lumen price is gaining bullish momentum above key hurdles against the US Dollar, similar to bitcoin. XLM...

Ripple price started a decent increase and moved above the $0.2000 resistance against the US dollar.The price is now trading above the $0.2025 level and it is facing hurdles near $0.2065 and $0.2130.There is a major bullish trend line forming with support near $0.2015 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to accelerate higher if it clears the $0.2100 resistance zone in the near term.Ripple price is trading in a positive zone above $0.2000...

After fighting a legal case for two years, America’s largest bank, JPMorgan Chase will pay $2.5 million to settle a class-action lawsuit over extra fees on cryptocurrency purchases. In 2018, the plaintiffs – Brady Tucker, Ryan Hilton, and Stanton Smith – filed the lawsuit against JPMorgan in a Manhattan federal court, accusing the bank of charging customers additional fees in the form of cash advances for crypto purchases made with Chase credit cards.  JPMorgan Secretly Updated T&CThe...

The University of Sussex recently published a paper regarding the performance of Bitcoin and gold during the COVID-19 pandemic. The research team behind the project believes that both assets failed to serve as safe-havens, primarily because of significant market manipulations.Bitcoin And Gold Failed In The 2020 Crisis?The sudden outbreak of the COVID-19 pandemic earlier this year prompted numerous disturbances in everyday life and in financial markets. March alone was among the worst trading...

Litecoin is poised for more gains after moving out from a four-weeks downward range.A break above 0.0050 BTC level would signal strength.The price is currently looking bullish across trading pairs.LTC/USD: Litecoin Aiming To Jump Above $48Key Resistance Levels: $47.68, $50.7, $56Key Support Levels: $44, $42, $39LTC/USD. Source: TradingViewFor the past few days now, the crypto market is rising. The price of Litecoin has shot up 5% over the past hours after breaking out from a downward range –...

Bitcoin investors have been transferring their assets outside of specific exchanges lately, new data shows. Ultimately, the BTC balance on platforms has reached its lowest point in over a year by decreasing with more than 320,000 coins since Black Thursday.Bitcoin HODLers Mentality On The RiseDuring the notorious Black Thursday event in March, when most cryptocurrency assets lost substantial portions of their value, investors – especially short-term holders – transferred sizeable shares of...

Coinbase Pro, the professional trading platform of leading American cryptocurrency exchange and wallet provider Coinbase, is adding support for Maker DAO’s token (MKR) again after a failed listing attempt in April 2019.MKR Trading Starts Tuesday, June 9According to a Friday announcement, Coinbase Pro will start accepting MKR deposits from users on Monday, June 8. Full trading is scheduled to begin at 9 AM Pacific Time (PT) on Tuesday, June 9, once sufficient liquidity is established on the...

Cisco announced the purchase of ThousandEyes. The terms of the deal are unknown. But it is believed that Cisco has paid around $1 billion.Cisco Systems Inc (NASDAQ: CSCO), a networking hardware firm, announced on Thursday that it intends to acquire ThousandEyes, an Internet monitoring firm. Cisco has been beating around the bush about ThousandEyes takeover after it bought AppDynamics in 2017. Then, Cisco signaled that they want to offer more services than what they used to provide.Meanwhile,...

Recently, Live Bitcoin News reported that financial investment firm Goldman Sachs engaged in a client call to discuss assets like bitcoin and gold. This led some to believe that the company was suddenly a fan of bitcoin, and that it saw potential in the digital asset now that the American economy was showing signs of struggle.Goldman Sachs Doesn’t Care for BTC MuchSadly, this wasn’t quite the case. Goldman Sachs is now listing several reasons as to why bitcoin “is not an asset class,” and why...

Another week has passed, and it has been nothing short of exciting on the cryptocurrency market. Bitcoin went on to lose a serious chunk of its value as it plunged below $8,700 only to recover a few days later and touch $9,600. However, BTC is relatively indecisive over the past couple of days as it got rejected at that level, and it’s currently trading slightly below it around $9,400. If Bitcoin can climb back above this important resistance level, it may take another shot at the coveted...