Tron price is facing an increase in selling below the $0.0135 resistance against the US Dollar.TRX price is likely to find a strong buying interest near the $0.0120 zone.There is a key bullish trend line forming with support near $0.0122 on the 4-hours chart (data feed via Bitfinex).The price could start a fresh increase to $0.0135 or dive towards the next support at $0.0105.TRON price is slowly showing a few bearish signs against the US Dollar, similar to bitcoin. TRX price must stay above...
Read More »Ethereum Price Analysis: ETH Likely To Start Fresh Increase
Ethereum price is currently correcting lower from the $191 swing high against the US Dollar.ETH price is trading below the $175 support, but it is likely to find bids near $163 and $160.There is a major bullish trend line forming with support near $160 on the 4-hours chart (data feed from Coinbase).The price could climb back above $175 as long as it is above the $160 support area.Ethereum price is correcting gains after a strong rally to $190 against the US Dollar. ETH/USD is now approaching...
Read More »Reddit Joins Hands with ETH for Community Rewards Program
Reddit is introducing a new points system that could potentially give “good actors” Ethereum-based crypto rewards.Reddit Looks to Partner with EthereumWhat’s interesting about this story is that Reddit was once a longtime agent of bitcoin, the world’s number one cryptocurrency by market cap and the primary competitor to Ethereum, which stands as only the second most powerful cryptocurrency after BTC. However, the bitcoin subreddit appears to be deliberately ignoring the price of bitcoin in...
Read More »BTC-Intercepting Malware Uncovered On Ruby Gems
Crypto theft is quite common, and it’s no laughing matter. Recently, as many as 725 separate forms of malware were discovered on the Ruby Gems platform, which is typically used for downloading and offering Ruby programming language. The malware was widely designed to get in the way of bitcoin and crypto payments and potentially shift them over to wallets and addresses controlled by hackers.Malware Is Big… and DangerousIn all, there were more than 100,000 malware downloads, and all the...
Read More »Bitcoin ATMs Experience Heightened Usage Despite Stay-at-Home Orders
Bitcoin ATMs have come a long way in society. Many have expanded across the United States and abroad, giving more people the opportunity to potentially use crypto for the purchase of goods and services. While many people in the U.S. are stuck inside their homes and unable to move about much due to social distancing regulations, many ATM companies are reporting increases in transactions through their bitcoin machines.Bitcoin ATMs Are Growing Like CrazyThe consensus is that many people are...
Read More »Stellar Lumen (XLM) Price Surging and Primed To Test $0.06
Stellar lumen price is currently gaining bullish momentum above the $0.0500 resistance area against the US Dollar.XLM price is likely to accelerate gains above the $0.0520 and $0.0550 resistance levels.There was a break above a major bearish trend line with resistance near $0.0490 on the 4-hours chart (data feed via Kraken).The pair is showing a lot of bullish signs above the $0.0500 support and the 55 simple moving average (4-hours).Stellar lumen price is trading in a strong uptrend against...
Read More »Ripple Price Analysis: Bulls Aim More Upsides Above $0.20
Ripple price is currently trading in a positive zone above the $0.1880 support area against the US dollar.The price is likely to resume its rise above the $0.1965 and $0.1985 resistance levels.There was a break above a major declining channel with resistance near $0.1905 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is consolidating in a range and likely setting up for a break above the $0.2000 resistance.Ripple price is trading in a bullish zone above $0.1880...
Read More »Nicholas Pelecanos: Bitcoin Could Fall By 50 Percent
Per some analysts, bitcoin may be headed into very bearish territory. As it stands, the world’s number one cryptocurrency by market cap is trading for over $7,200 at the time of writing, but some believe the asset is about to take a turn for the worse and could lose as much as 50 percent of its value.Bitcoin Could Find Itself Falling HeavilyBitcoin has already lost thousands off its price in the past two months. In mid-February, BTC was trading for well over $10,300, meaning its current price...
Read More »The BTC Halving Could Cause a 12-Month Price Spike
Bitcoin is set to undergo a major halving in the next few weeks, and this has sparked several questions amongst both analysts and everyday traders alike.The Halving Could Do a Lot for BTCOne of the big questions regarding bitcoin’s future after the halving revolves around whether it will be possible to perform a 51 percent attack on the world’s number one cryptocurrency by market cap. While bitcoin is the largest and most powerful digital currency and likely won’t fall victim to such a...
Read More »Bitcoin Options Trading Has Surged in the Past Four Weeks
Today marks a solid change for the bitcoin price. At the time of writing, the world’s number one cryptocurrency by market cap has jumped into the $7,200 range – a solid $200 boost from where the currency last stood.Bitcoin Options Trading Is GrowingA lot of analysts are attributing this little surge to the fact that bitcoin options trading appears to have spiked in the last 48 hours. Over the past couple of days, many major exchanges – including Bakkt, OXEx and CME Group in Chicago – have...
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