Tag Archives: News

EOS price is up more than 10% and it broke the $3.000 resistance area against the US Dollar.It traded to a new monthly high at $3.123 and it is currently consolidating gains.There is a key bullish trend line forming with support near $2.880 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).There are high chances of more upsides above the $3.200 and $3.300 levels in the near term.EOS price is gaining bullish momentum and it up significantly against the US Dollar, similar to...

Litecoin price is up close to 10% and it broke the $45.50 resistance area against the US Dollar.LTC price traded as high as $50.95 and it is currently consolidating gains.There is a key bullish trend line forming with support near $46.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported on the downside for more upsides above $50.00 and $52.00.Litecoin price is gaining bullish momentum above key hurdles against the US Dollar, similar to bitcoin....

Tim Draper is at it again with his wild bitcoin predictions, and we can’t help but love him for it, but it seems like he’s resorting back to previous thoughts, and we can’t help but wonder what happened to the newfound confidence he appeared to be displaying when 2019 vanished.Why Is Tim Draper Backtracking?At the end of last year, Draper confidently stated that he thought bitcoin would potentially reach $250,000 by the time 2020 was over. That gave bitcoin just over a year to spike by nearly...

A Chinese city known as Ya’an is asking all its bitcoin and crypto miners to use up all its excess hydropower.Ya’an: Use Up Our Water!Ya’an is known as being one of the biggest bitcoin mining hubs in the country of China. It has recently put out a notice telling all crypto miners that there is a surplus of hydroelectrical power, and it wants to see it used up before the summer, which is typically a very rainy season for those living in the area. The rain will provide more water to be utilized...

The good news has arrived, folks. Bitcoin – the number one cryptocurrency by market cap – has broken $7,700 in what looks like a continuation of its recent bullish behavior.Bitcoin Has Shot Up By $200The good news is that the currency is consistently rising and experiencing what appear to be daily spikes. Bitcoin has jumped from $7,500 to about $200 higher since late last week. Everything has been pumping as of late, with assets like Ethereum breaking $190 for the first time in months and...

ADA price is gaining bullish momentum and it broke the $0.0435 resistance against the US Dollar.It is now approaching a major resistance zone near the $0.0500 level.There is a key bullish trend line forming with support near $0.0470 on the 4-hours chart (data feed via Kraken).The price could continue to rise if it clears the $0.0490 and $0.0500 resistance levels.Cardano price is currently trading in a nice uptrend against the US Dollar, similar to bitcoin. ADA price must surpass the $0.0500...

Bitcoin price started a fresh increase and traded above the $7,655 resistance against the US Dollar.It is currently preparing for a sharp rally above the $8,000 resistance area.There was a break above a key ascending channel with resistance near $7,820 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct in the short term, but it is likely to find support near $7,655.Bitcoin price is gaining bullish momentum above $7,655 and $7,700 against the US Dollar....

Crypto custodial firm Curv is building a new office in the Asia-Pacific (APAC) region.Curv Is Looking to Ensure Institutional Players Get a ChanceThe company offers digital assets and cryptocurrency services to institutional traders. Over the years, an institutional presence is widely considered a huge and necessary factor in bringing cryptocurrency closer towards mainstream territory. Many have sought to avoid crypto like the plague out of fear that their digital holdings could potentially...

Microsoft and cryptocurrency have developed a strong relationship over the years, but its latest maneuver is likely to make many crypto fans raise their eyebrows in a state of confusion and concern.Microsoft to Unveil New Mining Technology – Through Your Brain?The computer and software giant has recently unveiled a new patent application for technology that’s in development. This technology is designed to monitor bodily functions – like your brain activity – to mine cryptocurrency.How would...

The bitcoin halving scheduled for this coming May is likely to give rise to a new bout of crypto millionaires, analysts claim.Will the Halving Make Hodlers Rich?Over the years, bitcoin has earned a reputation for boosting one’s wealth. At the same time, its volatility has also struck fear into the hearts of traders everywhere. It’s just as easy to become extremely rich with crypto as it is to become broke. Your crypto has as much chance of going up as it does of disappearing overnight.But...