Tag Archives: Crypto News

Cryptocurrency is growing heavily as of late, though it’s probably safe to say that a lot of people still aren’t terribly familiar with it. They’re unaware of how it works, how to trade, or even what companies are emerging that are pushing the crypto and blockchain agendas. That may change now that PR firms like Parrot Media Consultants are getting involved. Parrot Media Is Helping Crypto Move Forward Parrot Media is a public relations firm that is starting an entirely...

Two days ago, while Bitcoin was attempting to stay above the critical $10,000 mark, we have pointed out two scenarios in the bigger picture:“The bigger picture from below is the crucial support line around $9,400, which is the last barrier before the triangle breaks to the downside. From the top, the triangles’ trend-line sits around the resistance level of $10,300 – $10,400.”, as taken from the previous Bitcoin price analysis.As you could see, the wedge shown on the 4-hour chart had been...

Binance Coin has plummeted this week, decreasing by 4.37% to reach the current price at $20.55. This also caused BNB to drop beneath the lower range support at the $20.71 level, which could cause BNB to head toward $18. Binance Coin has been suffering over the past 30 days, dropping by a precipitous 29% and marking a decrease of 36% in the past 3 months.Today’s decline comes as Binance restricted US-based citizens to trade on their made platform starting today, September 12th. While users...

Tether has sent out another large portion of USDT towards Binance today. The issuer of the most popular stable coin has sent $300 million worth of USDT to the world’s largest exchange. According to the official page, it’s because they are conducting another chain swap from the Omni protocol to the ERC20 one. This could mean that the Ethereum network will get even more USDT ERC20-based transactions on it, causing further usage and potential challenges for its blockchain.300M USDT Sent To...

As the Trump administration is seemingly getting ready to issue a ban on flavored e-cigarettes, prominent cryptocurrency commentator and head analyst at Fundstrat Global Advisors, Tom Lee, said that this is a signal that the White House can issue an executive order banning anything, including Bitcoin. Nothing’s Out of ReachThe United States is apparently preparing to issue a ban on flavored e-cigarettes upon worries of a worsening epidemic of teenage vaping, Bloomberg reported yesterday,...

Bitcoin marked a slight decrease of less than 2% in the past 24 hours, but its price remains above $10,000 for now. Things are looking relatively calm, as 30-day volatility has dropped to a low not seen since May. Yet if history is any indicator, it’s times like these that portend a violent move. Bitcoin Trading Between $10,000 and $11,000For the past eight days, Bitcoin has been trading between $10,000 and $11,000, while its dominance rate has hovered around 70%. BTC/USD. Source:...

Three months ago, the world’s leading cryptocurrency exchange, Binance, announced that it would cut off access to the platform for US-based traders. The new rule is set to come into effect on September 12, which is tomorrow. The question is whether this will put additional pressure on the already suffering Binance Coin (BNB). Binance Shutting the Door to US-Based Traders TomorrowBack on June 14, CryptoPotato reported that the world’s leading cryptocurrency exchange, Binance, would be cutting...

Bitcoin’s halving, one of the most highly-anticipated events for the cryptocurrency community, is currently expected to take place on May 16, 2020. However, some are suggesting that the true date could be closer to April 2020 because of the rapid acceleration in the network’s hash rate. Bitcoin’s Hash Rate Accelerates QuicklyIn order to understand the significance of Bitcoin’s hash rate, it’s important to understand how mining works. When someone has a Bitcoin wallet and he or she wants to...

Bitcoin’s halving, one of the most highly-anticipated events for the cryptocurrency community, is currently expected to take place on May 16, 2020. However, some are suggesting that the true date could be closer to April 2020 because of the rapid acceleration in the network’s hash rate. Bitcoin’s Hash Rate Accelerates QuicklyIn order to understand the significance of Bitcoin’s hash rate, it’s important to understand how mining works. When someone has a Bitcoin wallet and he or she wants to...

As you probably know, technical analysis is not always right, but it’s correct most of the time. Three days ago while Bitcoin was trading around $10,600, our last analysis title suggested another re-test of the $10,000 level, when everyone was bullish, we saw this leg down coming-up.As you could notice, after getting rejected one more time by the crucial long-term descending yellow trend-line, started forming from the 2019 high at $13,880, Bitcoin plunged passed $10,000, marking the $9,880...