Markets

EOS traded as high as $5.600 before correcting lower to $4.000 against the US Dollar.The price is currently trading well above $4.500 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $4.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $5.000 and $5.200 resistance levels.EOS price showing positive signs above $4.500 against the US Dollar, similar to bitcoin. The price...

Litecoin price started a fresh increase from the $200 support zone against the US Dollar.LTC price is now trading well above $220 support and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $208 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dips a few points, but there are high chances of a break above the $250 resistance.Litecoin price is trading in a positive zone above $200 against the US Dollar,...

Coinbase will take a 25% commission on all the rewards received by their customers.According to a press release by Coinbase, the crypto exchange firm has announced that its waitlist for staking Ethereum 2.0 has now been launched. This means that users of the platform can now sign up to stake their ETH tokens into the Beacon Chain smart contract. Beacon chain is widely regarded as the bridge between Ethereum and its 2.0 version that would see the second-largest crypto asset by market cap...

Dump of February 15 has proved again that even on the online markets bulls get exhausted running such a long distance.The market was able to recover quickly and on all major cryptocurrencies we have noted a large bottom wick on a 4H candle. In general, such price action clearly states that the bullish sentiment remains and buyers are ready to push the price higher after a short rest.Currently almost all major altcoins are following the same pattern and from the first glance it might look like...

SBI is investing a whopping $30 million in the Swiss and Singapore based crypto bank Sygnum.SBI is set to undertake a key role in developing strategic fundraising for the digital assets bank Sygnum. Built on Swiss and Singapore heritage, Sygnum is rated trustworthy among its customers due to the company’s ability to provide a trusted avenue for clients to invest in the digital asset economy. Sygnum recently declared that the company has been able to acquire a whopping “eight-figure” United...

Bitcoin’s price continues to increase as the cryptocurrency expands above the $50,000 mark. At the same time, the precious metal that it’s most commonly compared to, gold, sits at an all-time low when valued against BTC.Gold Suffers Against BitcoinBitcoin is compared to many things, but most commonly, it’s pinned against gold as both assets make a strong case as a store of value.However, over the past year, there’s a clear winner among the two, as the Gold/Bitcoin ratio currently sits at an...

Tron price traded as high as $0.0611 before correcting lower below $0.0550 against the US Dollar.TRX price is now holding the $0.0480 support level and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.0520 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0520 resistance zone in the near term.TRON price is consolidating gains above $0.0450 against the US Dollar, while bitcoin is...

Bitcoin has done it again and painted yet another all-time high, this time above the $51,000 price tag. Most altcoins have fallen against their leader, and BTC has managed to increase its market dominance to above 62%.Bitcoin’s Latest ATH At Above $51KThe past several days have been quite turbulent for the primary cryptocurrency but ultimately positive. Just on Monday, bitcoin was nearing the coveted $50,000, but a sharp retracement drove it down to a low of $46,000.However, the bulls took...

Bitcoin price rallied to a new all-time high near $50,665 against the US Dollar.The price is now consolidating above $48,500 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $50,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to surge above $51,000 as long as there is no break below the $48,000 support.Bitcoin price is trading in a strong uptrend above $48,000 against the US Dollar. BTC is...

Despite the huge and ugly lawsuit pending against Ripple, the company’s cryptocurrency XRP has recently incurred a massive gain following news that Tesla has purchased approximately $1.5 billion worth of bitcoin, the world’s leading digital asset by market cap. The news suggests that all smaller altcoins still move in tandem with BTC and have yet to find their own footing in the growing world of digital currency.Ripple Shoots UpFollowing the purchase, XRP rose as much as 15 percent before...