Bitcoin has done it. The currency has shot beyond the $20,000 per unit mark, and the asset is now bigger than it has ever been in its short, yet stellar history.The Bitcoin Price Has Surged to a New LevelThe currency is presently trading for more than $20,700. That’s a surge of approximately $1,200 from 24 hours ago, and many analysts are relishing the idea that the currency has followed their predictions. Many thought $20K could be achieved before the year was over, and it looks like they...
Read More »Bitcoin Cash Analysis: Rally Could Gather Momentum Above $330
Bitcoin cash price started a fresh increase above the $280 resistance against the US Dollar.The price surged towards the $330 resistance and settled well above the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $302 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to rise as long as it is above the $300 support zone in the near term.Bitcoin cash price started a strong increase above $300 against the US...
Read More »Nebus Is a Company That Wants to Rent Your Crypto
Today, you can rent a home. You can also rent a car. However, it also looks like bitcoin is rentable thanks to a new startup based in London and Barcelona, Spain known as Nebus.Nebus Wants to Borrow Your Crypto for Cash PaymentsTo an extent, the idea of crypto renting is not all that new. There are many cryptocurrency exchanges and trading platforms that allow users to lend their crypto to a pool or stash that is used as collateral for a loan that someone has taken out.These crypto stashes...
Read More »EOS Price Analysis: Rally Gathering Momentum Above $3
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...
Read More »Litecoin (LTC) Price Analysis: Rally Reaches Crucial Juncture At $92
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...
Read More »Vitalik Buterin: Digital Wallets Can Break Quite Easily
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...
Read More »Bitwise Unleashes New Top Ten Crypto Tracking Platform
Bitwise Asset Management is unveiling its new Bitwise Ten Crypto Index Fund (BITW). The platform is designed to be an open-ended trust for new investors considering cryptocurrency exposure.Bitwise Is At It AgainBitwise has always been at the center of the world’s crypto arena. The company was widely regarded as the frontrunner to garner approval from the U.S. Securities and Exchange Commission (SEC) when it came to getting a bitcoin or cryptocurrency exchange-traded fund (ETF) established,...
Read More »Tron (TRX) Price Analysis: Approaching Crucial Support at $0.0275
Tron price is holding the key $0.0275 support zone against the US Dollar.TRX price is now facing resistance near $0.0296, but it is above the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0292 on the 4-hours chart (data feed via Bitfinex).The pair could accelerate higher once it clears the $0.0295 and $0.0300 resistance levels in the near term.TRON price is slowly recovering above $0.0280 against the US Dollar, while bitcoin is...
Read More »Cardano (ADA) Price Analysis: Fresh Rally Likely Above $0.16
ADA price started a fresh increase above the $0.1400 and $0.1500 resistance levels against the US Dollar.The price is now trading below the $0.1500 level and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.1460 on the 4-hours chart (data feed via Kraken).The price could accelerate higher once there is a clear break above the $0.1600 resistance.Cardano price is showing a few bullish signs below $0.1500 against the US Dollar,...
Read More »Ethereum Price Analysis: ETH Eyeing Fresh Break above $600
Ethereum price started a fresh increase above $570 and $580 against the US Dollar.ETH price is currently trading above the $585 pivot and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $570 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards the $608 and $622 resistance levels.Ethereum price is slowly gaining pace above $580 against the US Dollar. ETH/USD is likely remain in a positive...
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