Tron price topped near the $0.0140 level and declined sharply towards $0.0120 against the US Dollar.TRX price is currently correcting higher from $0.0120, but it is facing many hurdles.There is a key bearish trend line forming with resistance near $0.0130 on the 4-hours chart (data feed via Bitfinex).The price could either surge above the $0.0130 resistance or it might continue below $0.0120.TRON price is showing a few bearish signs below the $0.0130 resistance against the US Dollar, similar...
Read More »Ethereum Price Analysis: ETH Recovery Could Fade Soon
Ethereum price is currently recovering from the $150 support area against the US Dollar.ETH price is likely to fail near the $160 and $164 resistance levels in the near term.There is a crucial contracting triangle forming with resistance near $165 on the 4-hours chart (data feed from Coinbase).The price could correct a few points, but it is likely to struggle near the $164-$165 resistance area.Ethereum price is showing a few bearish signs below the $165 pivot level against the US Dollar....
Read More »Bisq Exchange Suffers Cyberattack; Customers Lose $250K
It’s happened again, folks. Another cryptocurrency exchange theft is in the books. This time, the victim is Bisq, a trading platform that has temporarily ceased all its trading services thanks to a theft that has cost users at least $250,000 in digital funds.Bisq Customers Have Been RobbedCrypto exchanges are nothing new, but it is surprising how often they occur given how many advancements we’ve made in terms of security. Arguably two of the biggest crypto exchange thefts that have ever...
Read More »India Has Become a Major BTC Haven
Bitcoin usage is booming in India, giving rise to many thoughts and ideas about the future of its price.India Loves BTC, All of a SuddenBoth bitcoin and India are in huge positions to help each other out. Right now, bitcoin has entered another bearish phase that has caused it to lose as much as $600 off its price in just a few days, while India – much like the rest of the world – is on lockdown due to the coronavirus, and has experienced a shortage of cash as its economy continues to...
Read More »Bitcoin Loses Again Despite Growing Customer Base
Bitcoin has taken another turn for the worse. Over the weekend, the currency was trading in the $6,900 range, but now it’s fallen even further to $6,700. So, what could be the big problem? What’s got bitcoin turning sideways while it sleeps?Bitcoin Loses Another $200It’s hard to pinpoint exactly what’s going on with the price considering so many crypto and financial experts say that people are returning to bitcoin and purchasing new assets for their digital coin stashes. Right now, as the...
Read More »Stellar Lumen (XLM) Price Trading Near Make-or-Break Levels
Stellar lumen price is currently correcting lower from the $0.0520 resistance area against the US Dollar.XLM price is now trading near a crucial support area at $0.0460 and $0.0450.There is a major bullish trend line forming with support near $0.0460 on the 4-hours chart (data feed via Kraken).The pair could either start a fresh increase or it might dive further below $0.0450.Stellar lumen price is approaching a significant breakdown zone against the US Dollar and bitcoin. XLM price could...
Read More »Ripple Price Analysis: Risk of Fresh Bearish Trend Below $0.18
Ripple price is currently declining and trading below the $0.1900 support area against the US dollar.The price is currently testing the key $0.1805 and $0.1800 support levels.There is a major declining channel forming with resistance near $0.1930 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could accelerate its decline if there is a clear break below the $0.1800 support.Ripple price is slowly gaining bearish momentum below $0.1900 against the US Dollar. XRP...
Read More »BUX Steps Into the Crypto Industry; Announces Its Own Exchange
Fintech company BUX has announced the launch of BUX Crypto, the enterprise’s official cryptocurrency trading exchange.BUX Is Growing to Include Its Own ExchangeCrypto trading has become something of a staple during these last few weeks due to growing fear caused by the coronavirus pandemic. Many investors, it now seems, are looking to purchase crypto and give digital assets a try as fiat currencies and stocks prove less stable during these hard, economic times.This is the exact opposite of...
Read More »Chainalysis Announces New Partnerships for Keeping Digital Asset Companies Safe
Blockchain analysis company Chainalysis is expanding its horizons and building a string of partnerships to ensure cryptocurrency exchanges continue to integrate know your customer [KYC] protocols and do what they must to ensure data remains safe.Chainalysis Is Getting a Major BoostAmong the tactics Chainalysis is utilizing to ensure companies remain in compliance include simpler integrations and by working with distribution partners across newer and broader markets. The company is also...
Read More »Crypto Company Moon Pay Ups the Ante on Its Security Protocols
Over the last several years, the cryptocurrency arena has been very hit or miss when it comes to security. For companies like Moon Pay, the notion of keeping customers, as well as their cryptocurrency stashes and their data, safe as possible is one that has taken serious precedence with executives.Moon Pay Brings on the Best of the Best?The financial company has announced that it is bringing Nils Puhlmann – a cybersecurity expert – on board to serve as their new security advisor. The company...
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