As yesterday Bitcoin broke through $10,000. Pompliano confirms his Bitcoin price prediction for 2020. He believes BTC is moving higher to reach $100K in December 2021.On Sunday, February 9, Bitcoin price crossed its psychological barrier of $10,000 levels. The entire crypto community started rooting for Bitcoin to touch a new all-time high.At the current price, Bitcoin is 40% up since the beginning of 2020. At press time, Bitcoin is trading at a price of $9852 with a market cap of $179...
Read More »Stellar Lumen (XLM) Price Eyeing Surge To $0.08 and $0.09
Stellar lumen price is trading nicely in an uptrend above $0.0700 against the US Dollar.XLM price traded as high as $0.0738 and it is currently correcting lower.There is a key bullish trend line forming with support near $0.0704 on the 4-hours chart (data feed via Kraken).The pair remains in an uptrend and it could continue to rise above the $0.0750 level.Stellar lumen price is showing positive signs above $0.0700 against the US Dollar, similar to bitcoin. XLM is likely to surpass $0.0750 for...
Read More »Bitcoin Price Drops Below $10,000 after Yesterday’s High of $10,200
Bitcoin (BTC) price has slipped below $10,000 in the early Asian trading hours to trade above last week’s resistance zone after reaching $10,200 over the weekend. Bitcoin price has dropped below the long-awaited $10,000 price tag after hitting $10, 200 yesterday. Checking the BTC derivative chart, the market opened with a huge gap as a result of the high trade volume over the weekend. Using technical analysis, whenever there is a market gap in the derivative market chart, it is bound to be...
Read More »Buffett Sees Bitcoin As a Store of Fear, Not a Store of Value Says eToro’s Yoni Assia
Place/Date: - February 10th, 2020 at 8:23 am UTC · 5 min read Contact: eToro, Source: eToro Yoni Assia, CEO and Co-founder of eToro, attended the recent dinner with Warren Buffett Chairman and CEO of Berkshire Hathaway as the guest of Justin Sun, founder of TRON.Below Yoni shares his key takeaways from the evening:“The dinner was a life-changing moment for me. It was a huge honour to meet one of the world’s most famous and successful investors and a personal hero of mine. I have admired...
Read More »Ripple Price Analysis: XRP Remains In Strong Uptrend Above $0.27
Ripple price climbed higher nicely above the $0.2700 resistance area against the US dollar.The price tested the $0.2880 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.2755 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well supported for more gains above $0.2700 and $0.2680.Ripple price is showing a lot of positive signs above the $0.2700 area against the US Dollar. XRP price is likely...
Read More »Analysts Are Unsure When Bitcoin Will Hit Five Figures
At press time, bitcoin (BTC) – the world’s number one cryptocurrency by market cap – is doing better than it’s done in months. Not since late October of last year has bitcoin seen numbers like this, and the currency is on the verge of hitting the $9,900 figure. This would put it just under $10,000 – not only a highly respectable number, but one that crypto traders haven’t seen in about six months and one that represents bitcoin’s present resistance level.Bitcoin Is Close, but Can It Truly Hit...
Read More »Crypto Ban Strikes Again: The Popular Mailing Service MailChimp Bans CryptoPotato’s Account
Our 20,000 newsletter subscribers may have wondered why they hadn’t received the weekly market update email, as they do on every Friday of the past four years. Unfortunately, CryptoPotato’s mail-service account on MailChimp had been forced closed without prior notice.In a surprising email for the popular email automation platform, they stated:“Our automated abuse prevention system, Omnivore, reviewed your account with the username CryptoPotato. It detected content or actions which either...
Read More »Ripple Price Analysis: XRP Stable Above $0.28 Following Bitcoin’s Latest Gains
XRP saw a small 1.6% price increase over the past 24 hours as the cryptocurrency trades at $0.282.These gains are largely attributed to Bitcoin climbing above $10,000 as XRP fell against Bitcoin itself.XRP remains ranked in the 3rd position with a market cap of $12.37 billion.Key Support & Resistance LevelsXRP/USD:Support: $0.265, $0.26, $0.245.Resistance: $0.289, $0.30, $0.31.XRP/BTC:Support: 2710 SAT, 2600 SAT, 2525 SAT.Resistance: 2850 SAT, 2900 SAT, 3000 SAT.XRP/USD: XRP Faces Strong...
Read More »Bitcoin Price Hits 10,000 Level, Overall Market in Green Zone
Bitcoin price gains steam hitting $10,000 level, with the overall crypto market entering bullish price action.Many of the cryptocurrency critics are waiting for the market crash soon after the Bitcoin Halving in May 2020. Some of them waiting for the crash even before the Halving. However, Bitcoin‘s price keeps rising, crossing the 10K milestone with ease. While the Bitcoin Core repository on GitHub receives no major updates this Winter, this price action is a big success. All the...
Read More »VanEck Report: Holding 3% Bitcoin In Your Portfolio Improves Performance Substantially
VanEck, New York-based investment management company, recently published a report regarding Bitcoin and its role in the market. By outlining the digital asset’s benefits, the paper showcases its potential to serve as an investment instrument and as a store of value.Even 1% Bitcoin Can Raise The PortfolioFounded in 1955, VanEck is a global investment firm that offers investment options in ETFs, Mutual Fund Management, hard assets, precious metals, and more. Recently, the company published a...
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