Markets

EOS started a strong increase above the $2.700 resistance zone against the US Dollar.The price is currently trading above the $3.000 resistance level and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move higher as long as it is above the $2.800 support zone.EOS price started a fresh increase above the $2.700 and $2.800 levels...

Litecoin price started a strong surge above the $80.00 and $82.00 resistance levels against the US Dollar.LTC price traded close to the $95.00 level and settled below the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $82.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is now facing a strong resistance near the $92.00 and $94.00 levels.Litecoin price is up over 10% and it tested the $95.00 zone against...

With Bitcoin clocking $21,000 for the first time in history, one Wall Street investor is saying the top-ranked crypto by market capitalization should be worth a lot more.Bitcoin at $400,000, Says Guggenheim’s CIOIn a phone interview with Bloomberg TV on Wednesday (Dec. 15), Scott Minerd, chief investment officer at Guggenheim, said Bitcoin should be worth 20x its current market price.“Our fundamental work shows that bitcoin should be worth about $400k. We are going to, even if we have the...

Bitcoin shows no signs of slowing down as the cryptocurrency market continues to expand. Over the past day alone, the total capitalization has surged by more than $50 billion and now stands above the $600 billion mark.Bitcoin Price Surges Above $21,000Earlier today, as CryptoPotato reported, BTC finally managed to break above the coveted $20,000 level for the first time in history, hence charting a new all-time high.To say that everyone expected what followed next, however, would be an...

Vitalik Buterin – the Canadian-Russian crypto entrepreneur widely credited for bringing Ethereum, the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin to the digital market – has warned traders and digital asset enthusiasts everywhere that virtual wallets aren’t as safe as they could be. He’s now pushing for the simplification of digital currency wallet technology, which he believes is not always kind to first-time traders and crypto holders.Vitalik...

As the demand for cryptocurrency custody services grows, more companies are looking for ways to safely protect users’ crypto funds and prevent them from falling into the wrong hands. Companies such as the Northern Trust Corporation, which thanks to a recent partnership with Standard Ventures, is unveiling a new platform known as Zodia Custody that’s designed to bring institutional-level custodial services to clients with crypto stashes.Zodia Custody Brings That Extra Layer of ProtectionOne of...

XRP/USD: Ripple Bounces BackKey Resistance Levels: $0.52, $0.6, $0.7Key Support Levels: $0.458, $0.4, $0.33XRP/USD. Source: TradingViewOver the past few hours, XRP saw a quick 10% recovery to where it’s trading around $0.50 at the time of writing. This follows the most recent BTC rally to a new all-time high above $20,000.Looking at the current market structure, the bearish bias still appears strong on the 4-hours chart. Although, a strong recovery may come into play once bulls show further...

Bitcoin price has just surged by $1,300 in the last few hours, taking it $780 beyond the previous all-time high of $19,990. This is the highest price Bitcoin has ever been across all exchange platforms and has happened just as the American trading session got underway.In the last analysis, we predicted that the prior drop in volatility could have been a sign of an early accumulation before a new big move, and it turns out this was exactly what was happening.$24 billion has flooded into the...

Binance and Coinbase, two of the leading cryptocurrency exchanges, experienced technical issues in the past few hours, and users were unable to log in. The problems coincided with bitcoin breaking into uncharted territory above $20,000 for the first time.Bitcoin’s Surge Causes Issues On Binance and CoinbaseAs CryptoPotato reported earlier today, the primary cryptocurrency finally broke above $20,000. Bitcoin didn’t stop there and continued to a new all-time high level of $20,800.As it...

The price of Ethereum (ETH) has surged past $600, following the latest increase in bitcoin’s price. However, another major stepping stone for its latest rally might be the fact that the Chicago Mercantile Exchange (CME) Group has announced plans to launch ETH futures.ETH Price Shoots Past $600The cryptocurrency market is in full charge mode today, and Ethereum doesn’t lag behind. ETH’s price has surged above $600, and it currently trades at around $617, charting an increase of about 5.5% on...