Ethereum price corrected lower recently and traded below the $170 support against the US Dollar.ETH price is currently trading above the key $161 and $159 support levels.There is a major bullish trend line forming with support near $160 on the 4-hours chart (data feed from Coinbase).The price is likely to start a fresh increase as long as it is above the $160 support.Ethereum price is trading in a strong uptrend above $160 against the US Dollar. ETH/USD is likely to revisit $178 and $180...
Read More »Tezos Price Analysis: XTZ Surging 8%, But Bearish Head and Shoulders Pattern Could End The Party?
Tezos is resurging as the bearish head-and-pattern may invalidate.Tezos is following the same bullish pattern against Bitcoin and the US Dollar.XTZ is now relying on immediate support to face bullish in the long-term.XTZ/USD: Bullish Pattern Still Shaky as XTZ Forms Inverse H&S PatternKey Support Levels: $1.24, $1.08Key Resistance Levels: $1.55, $1.85Earlier this month, Tezos managed to find support at $1.24 after falling from the $1.85 mark in December 2019.Following the recent recovery,...
Read More »Ripple Price Analysis: XRP Finds Support At $0.23 But Slips Against Bitcoin
Despite moving in the opposite direction, Ripple’s XRP maintains channel pattern across its trading pairs.XRP is bullish against the US Dollar but waiting to make or break the channel.Against Bitcoin, XRP is losing momentum as the 2512SAT level is under bearish threat.XRP/USD: XRP Finds Slight Support At $0.23, Can This Level Hold?Key Support Levels: $0.21, $0.20, $0.186Key Resistance Levels: $0.251, $0.26, $0.28Starting with a positive move in the year 2020, XRP has witnessed a significant...
Read More »Will SpaceX Run IPO as It Plans to Send NASA Astronauts to Space in Q2 2020?
Yesterday, SpaceX CEO Elon Musk made a very important announcement. According to the CEO, SpaceX will be able to send NASA astronauts to space sometime before the first half of 2020 is over. After concluding a successful test of the Crew Dragon capsule, Musk spoke to the press about the mission. But as plans move forward, the unanswered question on the minds of most is, will 2020 be the year for SpaceX IPO?Watch live as SpaceX tests Crew Dragon’s in-flight launch escape capabilities...
Read More »A Bitcoin Soft Fork Is Coming; What Will Emerge?
For a brief period early yesterday morning, bitcoin was trading over the $9,000 mark. This is the first moment bitcoin has struck such territory in over two months.A Bitcoin Soft Fork Is ComingNow, however, the world’s number one cryptocurrency by market cap is trading for a measly $8,600. While this isn’t necessarily bad – especially when considering where the currency has traded before – it does mark a $400 drop for the digital asset in approximately 24 hours, and many are wondering if it’s...
Read More »Storing Crypto on a Centralized Exchange Is Safer for Most, Says Binance CEO
Changpeng Zhao advocated for storing your crypto assets on a trusted centralized exchange after Peter Schiff lost access to his BTC holdings. Last year, Binance was hacked but the exchange covered all losses. There are still numerous reasons why you should store your own coins. Not your keys, not your coin. This is a phrase commonly tweeted by hardcore crypto investors. It means that if you don’t control the keys of the wallet, you don’t control the cryptocurrency....
Read More »Bitcoin SV (BSV) Skyrockets 20% While The Green’s Back Into The Market: Crypto Monday’s Watch
The cryptocurrency market was particularly volatile in the last few weeks. Bitcoin SV stands tall today with a serious increase of over 20% in the past 24 hours alone. At the time of this writing, BSV trades at around $307.BSV has been on a rollercoaster throughout the past seven days. On January 15th, it reached a new all-time high of $413. At that time, news broke that Wright doesn’t have access to the private keys needed to access 1.1 million bitcoins, part of the popular Tulip Trusts....
Read More »BTC Price Analysis: after Bull Run, Bitcoin Retreats in Tactical Maneuver
BTC/USD is as of now exchanging at $8,623. Over the most recent 24 hours, the coin was in a solid bearish disposition amid falling instability.Bitcoin drove the digital money market on Sunday with a sudden short consolidation that surpassed the desired $9,000 without precedent for 2020. The price came to $9,000, yet the highest price level came to $9,194.99. Consolidating trends between $8,500 and $8,750 level are probably going to come first for the time being.The weekend session was very...
Read More »As Alphabet Enters $1 Trillion Club, Let’s Have a Look at Top 10 Companies by Market Cap
Last week on Friday, January 17, Google‘s parent company Alphabet hit the trillion-dollar milestone. Alphabet became the fourth public listed tech company to achieve this feat.Despite staying in controversy with the regulators over the issues of privacy concerns, Alphabet had a good show in 2019 in the stock market. The Alphabet stock surged nearly 50% in a single year thereby pushing the company’s growth.Apple Inc. was the first company to achieve the trillion-dollar milestone in 2018,...
Read More »Binance Adds Fiat-to-Cryptocurrency P2P Trading For The Vietnamese Dong (VND)
Binance, currently being the leading cryptocurrency exchange, continues to expand and add new features for its users. Starting today, the venue would allow direct fiat-to-crypto trading for the Vietnamese Dong (VND).Binance Adds P2P VND TradingBinance is the world’s leading cryptocurrency exchange by means of the daily trading volume. More importantly, they are continually adding new features, allowing traders to take advantage of a diversified set of tools.According to a press release shared...
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