Stellar lumen price is currently correcting lower from the $0.0520 resistance area against the US Dollar.XLM price is now trading near a crucial support area at $0.0460 and $0.0450.There is a major bullish trend line forming with support near $0.0460 on the 4-hours chart (data feed via Kraken).The pair could either start a fresh increase or it might dive further below $0.0450.Stellar lumen price is approaching a significant breakdown zone against the US Dollar and bitcoin. XLM price could...
Read More »Ripple Price Analysis: Risk of Fresh Bearish Trend Below $0.18
Ripple price is currently declining and trading below the $0.1900 support area against the US dollar.The price is currently testing the key $0.1805 and $0.1800 support levels.There is a major declining channel forming with resistance near $0.1930 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could accelerate its decline if there is a clear break below the $0.1800 support.Ripple price is slowly gaining bearish momentum below $0.1900 against the US Dollar. XRP...
Read More »BUX Steps Into the Crypto Industry; Announces Its Own Exchange
Fintech company BUX has announced the launch of BUX Crypto, the enterprise’s official cryptocurrency trading exchange.BUX Is Growing to Include Its Own ExchangeCrypto trading has become something of a staple during these last few weeks due to growing fear caused by the coronavirus pandemic. Many investors, it now seems, are looking to purchase crypto and give digital assets a try as fiat currencies and stocks prove less stable during these hard, economic times.This is the exact opposite of...
Read More »Revolut: Of Course Crypto Is a Safe Haven!
Financial technology company Revolut is ensuring that all seven million of its customers have access to cryptocurrency in the coming days. According to the company, cryptocurrency is a “safe haven” against inflation and other economic troubles.Revolut Vouches for CryptoThe question of cryptocurrency as a “safe haven” has been bouncing back and forth between the industry’s walls these last few weeks. Ever since the coronavirus took hold of the world, many are wondering how bitcoin and its...
Read More »Bitcoin Falls Below the $7,000 Mark
Today is a strange day for bitcoin. The currency has fallen below the $7,000 mark yet again and has shed approximately $300 from its price in one day.Bitcoin Has Taken Another FallWhat the heck happened? The currency was doing so well as of late. It had recovered by quite a few thousand and was potentially moving back up the financial ladder, so why the sudden drop?Yesterday, Live Bitcoin News reported on the bitcoin cash halving that recently occurred in the middle of the week. The event was...
Read More »Bitcoin Cash Underwent a Halving Last Wednesday
A bitcoin cash halving occurred last Wednesday, and many are waiting with bated breath to see what happens.Bitcoin Cash Has Undergone a HalvingIn the past, big events surrounding bitcoin cash have not always fared well for big daddy bitcoin. The asset dropped heavily nearly two years ago when bitcoin cash forked in late 2018, which led to the creation of an entirely new cryptocurrency known as bitcoin SV and a boatload of controversy to boot.The asset – widely considered the brainchild of...
Read More »Bitcoin Cash Analysis: Bears Aiming Retest of The Key $225 Support
Bitcoin cash price started a fresh decline after it topped near the $280 level against the US Dollar.The price is down more than 5% and it broke the key $250 support area.There was a break below a connecting bullish trend line with support near $246 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to continue lower and it could even retest the $225 support area.Bitcoin cash price is showing a few bearish signs below $250 against the US Dollar. BCH/USD...
Read More »Charles Hoskinson Offers Ideas On Satoshi Nakamoto
As the co-founder of Ethereum, Charles Hoskinson has always held a top spot in the crypto industry.Hoskinson Offers Another BTC-Related DishRecently, Hoskinson was one of a few investors to suggest that bitcoin could reach the six-figure range in the year 2020. Alongside individuals such as Ross Ulbricht of Silk Road fame, Hoskinson was quick to suggest that the world’s number one cryptocurrency by market cap could potentially hit $100,000 by the time the year was finished.Given that bitcoin...
Read More »The Bitcoin Halving Will Be Preceded by BCH and BSV Halvings
Analysts are predicting that April of 2020 could be a huge month for bitcoin and all its “offshoots.”Will the Halving Help or Hinder Bitcoin?Bitcoin is set to undergo a halving event in May, which up to this point, was slated to stretch the currency’s price beyond the stars and give it immeasurable power. However, as of late, the currency’s price appears to be gasping for air thanks in large part to the coronavirus-related panic that has brought down the world’s financial markets these past...
Read More »EOS Price Analysis: Break Above $3.00 Is Looming
EOS price is trading in a bullish zone above the $2.650 support against the US Dollar.The bulls are facing a couple of key hurdles near the $2.800 and $3.000 levels.There is a major contracting triangle forming with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).A clear break above $2.750 and $2.800 is likely to pump the price above the $3.000 barrier.EOS price is following a nice uptrend above the $2.500 pivot area against the US Dollar, similar to...
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