Home / Tag Archives: News

Tag Archives: News

Inigo Fraser-Jenkins Has Become a True BTC Fan

It’s always pleasurable to see a one-time bitcoin skeptic get turned into a believer, and that appears to be the case with Inigo Fraser-Jenkins, the co-head of portfolio strategy at Bernstein Research.Fraser-Jenkins: I See BTC Differently, NowIn a recent note to his clients, he has commented that everyone needs to make room in their portfolios for bitcoin and other cryptocurrencies. What’s the big clincher? Fraser-Jenkins was once a bitcoin skeptic, but he now appears to be far more...

Read More »

What Makes This Bitcoin Bull Run the Opposite of 2017?

Bitcoin is enjoying a historic run. The currency recently beat out its previously set all-time high, which occurred in December of 2017. Now, the currency has settled down a bit, but remains above $19,000 at the time of writing.Bitcoin Is Exploding As of LateMany are wondering if a setback is likely to occur this time around. That’s a big fear considering how similar this bitcoin run has been to the one from three years ago. As we all remember, the currency rose to nearly $20,000 per unit...

Read More »

BTC-Fan MicroStrategy Sees Its Stock Double

MicroStrategy has done quite a lot with bitcoin this year. It’s earned a solid reputation from its customers as a result, and now, shares in the firm have almost doubled in the past few months.MicroStrategy Has Reached the TopMicroStrategy has been the subject of many a headline in the past several weeks given that it’s one of the first major institutional firms to come out and mention that it will be purchasing bitcoin. When the news finally emerged, it turned out that the company hadn’t...

Read More »

Tron (TRX) Price Analysis: Major Uptrend Support At $0.027

Tron price started a strong decline after rallying towards the $0.0400 level against the US Dollar.TRX price is now trading below the $0.3500 level and the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $0.0300 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0300 and $0.0275.TRON price is trading in a positive zone above $0.0300 against the US Dollar, similar to bitcoin....

Read More »

Bitcoin Price Analysis: BTC Correcting Gains, Key Support Nearby

Bitcoin price traded to a new 2020 high at $19,919 before correcting lower against the US Dollar.The price is trading below $19,000, but it is still above the 55 SMA (H4) and the $18,000 support.There is a connecting bullish trend line forming with support near $18,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to find a strong buying interest near the $18,050 and $18,000 levels.Bitcoin price is currently correcting gains from well above $19,800...

Read More »

Russia’s Sberbank Seeks to Create Its Own Digital Asset Next Year

One of Russia’s largest banks – known as Sberbank – says that it’s potentially looking to issue its own cryptocurrency sometime next year.Sberbank Is Joining the Crypto BandwagonThe coin – which would be known as Sbercoin – will be issued directly by the financial institution as part an experiment through its recent partnership with JPMorgan, which in the past, has also taken the liberty of issuing a cryptocurrency all its own known as JPM Coin. Many banks and financial enterprises throughout...

Read More »

Winklevoss Twins: Bitcoin Is Going to Get Much Bigger

Tyler and Cameron Winklevoss – the founders of the Gemini Exchange in New York – recent mentioned in an interview that they’re extremely confident bitcoin will reach a price of roughly $500,000.Winklevoss Twins: Bitcoin Will Reach $500KWhile this isn’t likely to occur right away, they’re confident the spike will happen within the next ten years, so we can likely expect to see bitcoin reach this pinnacle before 2030. The world’s number one cryptocurrency by market cap is making headlines this...

Read More »

Bitcoin Comes Within Inches of $20K Per Unit

Bitcoin has come extremely close to reaching its all-time high yet again. The currency is presently trading for well over $19,000 again, a price it first reached about a week ago today. At the time of writing, one unit of bitcoin is worth just under $19,400.Bitcoin Is Once Again Reaching for the StarsAs we all remember, bitcoin first jumped to the moon back in late December of 2017. The currency rose all the way to nearly $20,000 per unit, and many analysts believe that the same scenario is...

Read More »

Cardano (ADA) Price Analysis: Bulls Aim Crucial Break above $0.18

ADA price found support near $0.1250 and started a fresh increase against the US Dollar.The price is back above the $0.1580 resistance level and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1580 on the 4-hours chart (data feed via Kraken).The price is likely to rise sharply if it clears the $0.1780 and $0.1800 resistance levels.Cardano price is showing a lot of positive signs above $0.1600 against the US Dollar, similar to bitcoin....

Read More »

Ethereum Price Analysis: ETH Aims Fresh 2020 High Above $625

Ethereum price found support near the $480 level and started a fresh increase against the US Dollar.ETH price is currently trading well above $585 and the 55 simple moving average (4-hours).There was a break above a key bearish trend with resistance near $558 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher above the $620 and $625 resistance levels.Ethereum price is gaining momentum above the $585 resistance against the US Dollar. ETH/USD is likely to...

Read More »