Tag Archives: News

Bitcoin price started a fresh decline and traded below the $7,000 support against the US Dollar.It is currently showing a few bearish signs below $6,965 and $7,000.There is a key contracting triangle forming with resistance near $7,220 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could decline further towards the key $6,600 support before it might start a fresh increase.Bitcoin price is struggling to remain in a positive zone above $6,800 against the US Dollar....

Bitcoin has exploded in recent days, jumping all the way to the $7,000 mark for the second time in a month. This is a solid improvement over where it stood just last week, and yet some are predicting that things are about to fizzle out all over again.Bitcoin May Take Another DipThis seems to be a running theme in the bitcoin arena. While BTC does well and many people seem to jump on board, there are others that refuse to see the light. Many still view bitcoin as a failing asset that has yet...

It’s happened again, folks. Another cryptocurrency theft is in the books. This time, the victims are the Uniswap exchange and the Lendf.me lending platform, both of which are reporting combined total losses of more than $25 million.Uniswap and Lendf.me Have Been CompromisedCryptocurrency theft is nothing new, but what’s arguably the most frustrating about stories like these is that while many companies and organizations in the industry are seeking to improve their security protocols, hackers...

It looks like many Americans are potentially spending their newfound stimulus checks on bitcoin and other cryptocurrencies. Several digital currency trading platforms, such Coinbase, are reporting purchases of exactly $1,200 over the past few days, the maximum amount of the checks that citizens are receiving from the federal government.Paper Checks Are Going Towards CryptoThese checks are designed to give Americans some relief from the coronavirus pandemic that first began wreaking havoc on...

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...

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...

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...

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...

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...

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...