Tag Archives: News

Bitcoin price declined and tested the $6,550-$6,600 support area against the US Dollar.It is currently correcting higher and trading above the $6,800 level.There is a major bearish trend line forming with resistance near $7,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must surpass $7,050 and $7,200 to start a strong upward move in the near term.Bitcoin price is struggling to recover above $7,000 and $7,200 against the US Dollar. BTC could resume its decline...

As several companies in the crypto space work hard to up the ante on their security offerings and lower the prospects of illicit trading, it looks like something is doing the job for them… the coronavirus.The Coronavirus Is Having a “Reverse Effect” of SortsThe global pandemic has made its way to virtually every corner of the world, with over one million cases and more than 100,000 deaths recorded at press time. Aside from the toll it’s taken on human life, the virus has also had a massively...

Peer-to-peer (P2P) trading platform Oobit has joined hands with Coinbase, one of the largest and most popular cryptocurrency exchanges in the U.S., to give its customers wallet and custodial services.Oobit Is Making It Easier to Get VerifiedIn addition, Oobit is working with the exchange to establish what called the Oobit Pass, a new tool that allows users to verify themselves and satisfy know your customer (KYC) procedures quickly so they experience no delays in trading.The co-founder of...

The crypto market has been up and down since the weekend, with assets like bitcoin losing more than $500 from its price on April 10.Bitcoin Is Tumbling Down the StairsLast week marked a solid end to what appeared to be a longstanding bearish cycle that was repeatedly striking the world’s primary cryptocurrency by market cap. The currency had initially struggled – and struggled hard – to relieve itself of the measly and miniscule $6,000 range it had been stuck in for several weeks. Finally,...

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...

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....

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...

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...

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...

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...