Tag Archives: News

Several cryptocurrency exchanges are looking to build their own blockchains, which means that somewhere down the line, we’re likely to see the birth of several crypto exchange-birthed tokens.Exchanges Are Making Their Own BlockchainsSome trading platforms have already made this goal a reality. Binance, for example, is the largest and most popular cryptocurrency exchange by volume. The asset trading company has given rise to both Binance Coin (BNB) and Binance USD (BUSD), which is the...

The cryptocurrency arena has been hit hard by the coronavirus pandemic over the past few weeks, but it seems to be coming back in full force. Currencies like Stellar Lumens (XLM) appear to have regained much of their March losses.Stellar Is Surging Like Nobody’s BusinessEarlier today, Live Bitcoin News reported that BTC – the world’s number one cryptocurrency by market cap – had surged past the $8,000 range for the first time in nearly two months. The currency is easily leading the market’s...

Holy mackerel! Bitcoin has fired past the $8,000 mark! What has happened? Not that we’re complaining, but this is a massive gain for a currency that was misfiring heavily up until a few weeks ago!Bitcoin Has Surged Past $8,000Just yesterday, the currency was trading for about $7,700. This, itself, was a massive jump from where the currency was prior. Bitcoin has been struggling since early March. The currency was trading for well over $10,000 in mid-February, but ultimately fell into the high...

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....