EOS price is trading in a bullish zone above the $2.650 support against the US Dollar.The bulls are facing a couple of key hurdles near the $2.800 and $3.000 levels.There is a major contracting triangle forming with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).A clear break above $2.750 and $2.800 is likely to pump the price above the $3.000 barrier.EOS price is following a nice uptrend above the $2.500 pivot area against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bulls Could Pump Price Above $50
Litecoin price is trading in a bullish zone above the $45.00 level against the US Dollar.LTC price is likely to accelerate further higher if it clears the $46.40 and $48.00 resistance levels.There is a short term bearish trend line forming with resistance near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could even surpass the $50.00 level as long as it is above the $44.00 support.Litecoin price is trading in a strong bullish trend against the US Dollar,...
Read More »11 Crypto Sellers, Including Block.one, Have Been Hit with Customer Lawsuits
Several cryptocurrency exchanges and token issuers are being sued by investors across the United States who claim they were sold unregistered securities. Among the companies or entities being sued are Binance, Tron, Block.one and BitMEX. Entities like Ku Coin, Bibox and Bancor are also facing lawsuits from early investors.Block.One is Just One of ManyAs the cryptocurrency arena has expanded over the years, the demand and necessity for legitimacy have expanded with it. Many investors are...
Read More »Dow Jones Gains Over 770 Points, Stock Market Rally Continues, Sanders Quits Presidential Race
The Dow Jones Industrial Average is actively gaining today as well as many stocks on the market. Meanwhile, U.S. coronavirus cases have topped 400,000The Dow Jones climbed nearly 800 points on Wednesday following Sanders’ decision to give up and quit his presidential campaign. Stock markets are also doing well today. Meanwhile, White House Health Advisor Anthony Fauci estimated the United States could see a slight outbreak decay next week and New York Mayor Bill De Blasio revealed some...
Read More »Analysts: Now May Be the Time to Invest in Bitcoin
Bitcoin is up by nearly ten percent in just the last 24 hours alone, and while there’s still a long road of improvement up ahead, several analysts are intrigued by what they see and by where they think bitcoin will go next.Bitcoin Is Gaining Investor Confidence AgainAccording to some industry experts, the time to invest in crypto may be now. As we all know, bitcoin and other forms of digital currency have fallen heavily over the past few weeks, suggesting that many were the subjects of...
Read More »Swiss Partnership Launches New Bitcoin-Backed tzBTC Token on Tezos Blockchain
The new tzBTC token from the Tezos Foundation and the Bitcoin Association Switzerland is promised to bring more access to both networks.A few firms including the Bitcoin Association Switzerland (BAS) and the Tezos Foundation have announced that a new token will be launched soon. The new token is called tzBTC, and is backed 1:1 to Bitcoin, on the Tezos blockchain.The partners have also said that tzBTC will be the first vehicle for decentralized finance (DeFi) on the Tezos blockchain.Speaking...
Read More »Exclusive from CoinMarketCap’s Senior Leadership: From Passion Project to Partnership With Binance
Check out an exclusive interview with CoinMarketCap’s senior leadership about the philosophy behind the project, its history and the acquisition by Binance.When talking about the platforms that are tracking cryptocurrencies movement, first that comes at one’s mind is definitely CoinMarketCap. A platform created to track the capitalization of different cryptocurrencies, the amount of trades that use them and the current price converted into fiat currencies updates the information every five...
Read More »Could Bitcoin Strike the $10,000 Mark Again in a Few Weeks?
Bitcoin has shot up by another $100, and the upsurge for the world’s number one cryptocurrency by market cap just keeps growing.Bitcoin Is Surging AgainNow, analysts think that if the currency can keep it up and potentially break $8,000, a run to $10,000 may soon follow. This is the sentiment of men like Craig Erlam, a senior analyst at OANDA. He explained in a recent statement that he believes $10K may not be far off for BTC if it can break the present $8,000 resistance level.Granted bitcoin...
Read More »Disney (DIS) Stock Down 1.1%, Analyst Says Parks Attendance May Need 2 Years to Normalize
Disney (DIS) stock price is falling. Wells Fargo analyst Steven Cahall stated that the studio’s theme parks division will need a couple of years to return to normal business.The Walt Disney business has been seriously hit by the stay at home orders caused by the ongoing coronavirus. The Walt Disney Company (NYSE: DIS) stock fell 1.2% in after trading hours on Tuesday and is 1.1% down now, after Wells Fargo analyst Steven Cahall downgraded it, claiming that the Disney parks attendance could...
Read More »Ethereum (ETH) Price Fell by around 1.5% but May Rise Soon as ETH 2.0 Upgrade Gets Closer
Though Ethereum price is falling now, many traders think that a massive rally is underway as ETH 2.0 upgrade is getting closer.Ethereum (ETH) price has fallen by 1.27% in the past 24 hours. This comes as the new upgrade to Eth 2.0 is just around the corner. Current price levels at $168.63 have made everyone believe that Ethereum holds promise and may do even better in the markets this year. The first fundamental thing to change for Ethereum this year would be the shift to proof-of-stake...
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