Bitcoin cash price is gaining bullish momentum above the $232 resistance against the US Dollar.The price is likely to accelerate higher towards the $258 and $260 resistance levels.There was a break above a crucial bearish trend line with resistance near $234 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could correct a few points, but dips remain well supported near $232 and $230.Bitcoin cash price is trading in a nice uptrend above $230 against the US Dollar....
Read More »Hearts Break as Crypto News Entrepreneur Toni Casserly Has Died
Toni Lane Casserly – affectionately referred to as the “Joan of Arc of Blockchain” and the co-founder of crypto news site Coin Telegraph – has passed away at the age of 29. The news was confirmed by members of her family, including her husband, late last week.Toni Casserly Will Be RememberedCasserly earned her nickname by being one of the biggest crypto advocates younger generations had witnessed. She spoke at numerous blockchain events and supported blockchain technology with all her heart...
Read More »Arrests in Southeast Asia Occur Following Series of Crypto Scams
Crypto scams are nothing new, and now several people are finding themselves facing jail time and other harsh penalties for allegedly taking part in a series of them within China and Malaysia.Crypto Scams Keep HappeningOfficials from the latter country have arrested approximately 14 separate individuals for their alleged roles in a series of crypto scams that took place over the span of several months. All individuals arrested are Chinese nationals that were living and working out of Malaysia,...
Read More »Peter Schiff: BTC Won’t Fall to Zero
Investor Peter Schiff has never been a huge bitcoin fan, but even he’s predicting that the currency won’t go down in flames.Peter Schiff Makes Bold BTC StatementThe world’s number one digital asset by market cap has been having a rough time as of late. Serious drops started to throw themselves at the currency when the COVID-19 pandemic began growing in early March. Prior to that, bitcoin was trading for well over $10,000 but a sudden fall into the high $8,000 range occurred soon after.A few...
Read More »EOS Price Analysis: Bulls Eyeing Larger Bullish Breakout
EOS price is trading nicely above the $2.365 and $2.330 support levels against the US Dollar.The bulls are likely to gain strength if there is a clear break above $2.800.There is a crucial bullish trend line forming with support near $2.480 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).Dips remain well supported on the downside as long as the price is above $2.280.EOS price is showing a few positive signs against the US Dollar, similar to bitcoin. However, the bulls need...
Read More »Litecoin (LTC) Price Analysis: Can Bulls Overcome This Hurdle?
Litecoin price is trading higher after it formed a support base near $40.0 against the US Dollar.LTC price is now facing a couple of key hurdles near the $42.50 and $42.60 levels.There is a key bearish trend line forming with resistance near $43.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must surpass the $43.00 and $44.50 resistance levels to start a strong uptrend.Litecoin price is facing a couple of key hurdles against the US Dollar, similar to bitcoin....
Read More »Bitcoin Sheds Another $200 Off Its Price
The price of bitcoin – the world’s number one cryptocurrency by market cap – has fallen to just over $6,800 at the time of writing following news that the oil market in America tanked two days ago.Bitcoin Takes Another TumbleDespite spending the last several days trading above the $7,000 mark – which it had crossed for the second time in a month – the digital asset that everyone has come to know and love is once again being affected by outside market commodities and has taken a turn for the...
Read More »Russell Okung: BTC Is the “Best Way” to Empower People
It’s not uncommon to see sports players and crypto working together, and in the case of offensive tackle Russell Okung of the Carolina Panthers, bitcoin is something he’s crazy about.Russell Okung Loves His BTCAfter shooting out a tweet last year that read “Pay me in bitcoin,” it can’t become any clearer than it already is that Okung is looking for additional ways to grow the crypto industry and his digital wealth. Recently, the NFL player announced he would be investing in a company called...
Read More »Hackers Show Heart as Lendf.me Gets Its Stolen Crypto Back
It’s rare when a black hat hacker fixes the wrongs that he or she commits. It’s even rarer when they return the money they’ve stolen, but that appears to be the case this time around. Recently, Live Bitcoin News reported that roughly $25 million was stolen from Lendf.me, though now it appears that money has been returned.Lendf.me Gets Its Money BackLendf.me is part of a larger organization called DForce. The company recently earned more than $1.5 million in seed funding led by Multicoin...
Read More »Cardano (ADA) Price Analysis: Bulls Facing An Uphill Task Near $0.036
ADA price followed a bullish path above $0.0320, but it faced hurdles near $0.0370 against the US Dollar.It is currently correcting lower and trading below the $0.0350 level.There is a key contracting triangle forming with resistance near $0.0355 on the 4-hours chart (data feed via Kraken).The price could continue to move down if it breaks the $0.0340 support area.Cardano price is currently showing signs of weakness against the US Dollar, similar to bitcoin. ADA price must surpass the $0.0360...
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