Tron price is facing an increase in selling below the $0.0135 resistance against the US Dollar.TRX price is likely to find a strong buying interest near the $0.0120 zone.There is a key bullish trend line forming with support near $0.0122 on the 4-hours chart (data feed via Bitfinex).The price could start a fresh increase to $0.0135 or dive towards the next support at $0.0105.TRON price is slowly showing a few bearish signs against the US Dollar, similar to bitcoin. TRX price must stay above...
Read More »Ethereum Price Analysis: ETH Likely To Start Fresh Increase
Ethereum price is currently correcting lower from the $191 swing high against the US Dollar.ETH price is trading below the $175 support, but it is likely to find bids near $163 and $160.There is a major bullish trend line forming with support near $160 on the 4-hours chart (data feed from Coinbase).The price could climb back above $175 as long as it is above the $160 support area.Ethereum price is correcting gains after a strong rally to $190 against the US Dollar. ETH/USD is now approaching...
Read More »Reddit Joins Hands with ETH for Community Rewards Program
Reddit is introducing a new points system that could potentially give “good actors” Ethereum-based crypto rewards.Reddit Looks to Partner with EthereumWhat’s interesting about this story is that Reddit was once a longtime agent of bitcoin, the world’s number one cryptocurrency by market cap and the primary competitor to Ethereum, which stands as only the second most powerful cryptocurrency after BTC. However, the bitcoin subreddit appears to be deliberately ignoring the price of bitcoin in...
Read More »Binance Adds 1:1 Ontology-Pegged Asset to Binance Chain
Binance has launched a new crypto asset pegged 1:1 to Ontology called ONT-33D on its DEX using its new BEP2 standard. Binance plans to issue about 1.5 million ONT-pegged tokens and will continue to mint more in response to market demands. Binance’s Focus On Increasing Wrapped Assets Binance has recently focused on its DEX as one of the main core use cases of its Binance chain. The DEX currently boasts a trading volume of $400,730 over the past 24 hours. Binance could be taking a page out of...
Read More »Alphabet (GOOGL) Stock Price Down 1% Now as Google Works on Its New Smart Debit Card
Alphabet (GOOGL) stock price has risen recently. Will the company be able to compete successfully with its new smart debit card on the fintech market?Alphabet Inc (NASDAQ: GOOGL), (NASDAQ: GOOG) stock prices have been rising steadily these days. GOOGL stock price rose to a high of $1, 279 last week. This represents a 6% rise. However, as at the time of writing, Alphabet (GOOGL) stock price was at $1,260.77 (-1.43%). Alphabet’s Google is set to join the fintech game. We have previously...
Read More »Bitcoin Halving Is Just 22 Days Away and Catches Institutional Investors’ Interest
With Bitcoin halving set to take place on May 12 and 22 days left, institutional investors are catching the fever and can’t help taking advantage of the crypto asset’s huge opportunities.Bitcoin halving has become the internet new order, with its searches scaling by the day. With a lot of anticipation leaning on a possible bull rally, institutional investors are rushing to claim a share of the pie. The block halving event is scheduled to take place on May 12, 2020, whereby the Bitcoin mining...
Read More »FB Stock Down 0.56% Now, Facebook to Challenge Twitch, YouTube by Launching Gaming App
Facebook’s new gaming app will be mainly focused on watching and making game live streams. Android users anywhere in the world can try it today. After Apple approves the app, it will be available on iOS as well. FB stock is slightly down.Facebook Inc (NASDAQ: FB) is one of those tech companies whose stock ended Friday’s trading session on a roll. Facebook (FB) stock closed 1.70% up at $179.24. In pre-market today, it has lost 0.47%. Now FB stock is another 0.56% down. Its price is...
Read More »First SFC-Approved Bitcoin Fund in Hong Kong Targets $100 Million In Assets Under Management
An Asian asset management company has successfully cleared licensing conditions with Honk Kong’s Securities and Futures Commission regarding a Bitcoin fund. It now aims to surpass $100 million in assets under management (AUM) in its first year. The First Regulated Bitcoin Fund in Hong Kong Venture Smart Asia is an Asian asset management company, and its blockchain arm, Arrano Capital, became the first asset manager to successfully clear licensing conditions with the Securities and Futures...
Read More »Stellar Lumen (XLM) Price Surging and Primed To Test $0.06
Stellar lumen price is currently gaining bullish momentum above the $0.0500 resistance area against the US Dollar.XLM price is likely to accelerate gains above the $0.0520 and $0.0550 resistance levels.There was a break above a major bearish trend line with resistance near $0.0490 on the 4-hours chart (data feed via Kraken).The pair is showing a lot of bullish signs above the $0.0500 support and the 55 simple moving average (4-hours).Stellar lumen price is trading in a strong uptrend against...
Read More »Ripple Price Analysis: Bulls Aim More Upsides Above $0.20
Ripple price is currently trading in a positive zone above the $0.1880 support area against the US dollar.The price is likely to resume its rise above the $0.1965 and $0.1985 resistance levels.There was a break above a major declining channel with resistance near $0.1905 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is consolidating in a range and likely setting up for a break above the $0.2000 resistance.Ripple price is trading in a bullish zone above $0.1880...
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