Earlier today, it was announced on Live Bitcoin News that the price of BTC had taken a drastic fall thanks, in part, to actions taken by Elon Musk, who announced that his company Tesla had decided not to accept bitcoin payments for goods and services. As it turns out, the price of BTC – along with several other leading altcoins – may have also fallen thanks to Vitalik Buterin, the co-founder of Ethereum. Vitalik Buterin Moved a Bunch of Money Buterin has donated more...
Read More »Stanley Druckenmiller: BTC Will Be at the Top for a Long Time
As of late, bitcoin has been suffering somewhat. The world’s number one digital currency by market cap has fallen into the high $53,000 range, which is about $2,000 less than where it has been all week. While bitcoin falls, other currencies – such as Ethereum – are reaching record highs, yet analyst and big-time investor Stanley Druckenmiller is confident that no permanent harm will come to the currency, and that it will remain at the top of the crypto ladder at least...
Read More »Could Bitcoin Be Heading Into Unstable “2017-ish” Territory?
Bitcoin appears rather stable as of late. The currency has had some relatively wonky up-and-down moments over the past few weeks, but for the most part, the currency has found some sturdy ground to stand on over the past two days and is trading for a little over $56,000. It is not the $64,000 it was at just a few weeks ago, but it is certainly not the $49,000 it briefly dropped to after that. Bitcoin Is Seeing Some of the Same Patterns Either way, one research group is...
Read More »How Dogecoin Reacted to Elon Musk’s “SNL” Guest Stint
Elon Musk has completed his stint as a guest host on “SNL,” and it looks like Dogecoin investors are not too happy with the route he took. Dogecoin Shoots Down, Then Back Up While working on the show, Musk’s opening monologue – which also featured his mom – took a Dogecoin theme when he told his mother in the audience that he had a very special Mother’s Day gift for her. She said: I am excited for my Mother’s Day gift. I just hope it is not Dogecoin! Musk then responded...
Read More »Tron (TRX) Price Analysis: Bulls Aim Fresh Rally Above $0.15
Tron price found support near $0.1200 and it is now correcting higher against the US Dollar. TRX price is now trading above the $0.1350 support and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1400 on the 4-hours chart (data feed via Bitfinex). The pair could extend its rally after there is a clear break above the $0.1500 barrier. TRON price is showing positive signs above $0.1350 against the US...
Read More »Is Elon Musk a Dogecoin Whale? Some Think So…
Last February, Elon Musk – the South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla – announced that while he was a big fan of Dogecoin, there would be a serious problem with it should there only be a small concentration of wallets holding most of the available units. Now it looks like that worry is becoming a reality. Dogecoin Has Grown, and Some May Be Getting Greedy Dogecoin has shot up by more than 12,000 percent in the last year alone,...
Read More »Cardano (ADA) Price Analysis: Uptrend Intact Above $1.5
ADA price started a fresh rally above the $1.500 resistance zone against the US Dollar. The price is now trading well above $1.500 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.500 on the 4-hours chart (data feed via Bitfinex). The price could correct further lower, but the bulls are likely to remain active near $1.550 and $1.500. Cardano price is correcting gains from well above $1.800 against the US...
Read More »Ethereum Price Analysis: ETH Trims Gains From $4,220, But Dips Limited
Ethereum price started a fresh rally above the $4,000 resistance against the US Dollar. ETH price is currently trading well above $3,500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,800 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it is likely to find bids near the $3,800 and $3,600 levels. Ethereum price extended its rally above the $4,000 level against the US Dollar....
Read More »If You’re an Influencer Promoting Crypto, Make Sure You’ve Done Your Homework
If you are an influencer on the internet and social media, there is a good chance that a lot of people are listening to what you say and take heed of your words. Therefore, you should always be careful about the promises you make and things you promote. It now looks like crypto is becoming the object of many influencers’ attention, but they may not be doing enough research regarding which assets are solid and which are fly-by-night coins. If You’re an Influencer, Be...
Read More »Stellar Lumen (XLM) Price Gaining Momentum, Bulls Aim $0.65
Stellar lumen price started a fresh increase above the $0.5500 resistance zone against the US Dollar. XLM price is now trading well above $0.6000 and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $0.5800 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.6800 and $0.7000 resistance levels. Stellar lumen price is gaining pace above $0.5500 against the US Dollar,...
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