Tag Archives: News

As yesterday Bitcoin broke through $10,000. Pompliano confirms his Bitcoin price prediction for 2020. He believes BTC is moving higher to reach $100K in December 2021.On Sunday, February 9, Bitcoin price crossed its psychological barrier of $10,000 levels. The entire crypto community started rooting for Bitcoin to touch a new all-time high.At the current price, Bitcoin is 40% up since the beginning of 2020. At press time, Bitcoin is trading at a price of $9852 with a market cap of $179...

L Brands is nearing a deal to sell its Victoria’s Secret brand. The buyer is Sycamore Partners, a private equity firm specializing in retail and consumer investments. The details of the deal have not been revealed.In January, there appeared rumors about L Brands considering selling Victoria’s Secret brand and its CEO Lex Wexner stepping down. According to those familiar with the matter, the acquiring company is Sycamore Partners, a private equity firm specializing in retail and consumer...

Stellar lumen price is trading nicely in an uptrend above $0.0700 against the US Dollar.XLM price traded as high as $0.0738 and it is currently correcting lower.There is a key bullish trend line forming with support near $0.0704 on the 4-hours chart (data feed via Kraken).The pair remains in an uptrend and it could continue to rise above the $0.0750 level.Stellar lumen price is showing positive signs above $0.0700 against the US Dollar, similar to bitcoin. XLM is likely to surpass $0.0750 for...

Bitcoin (BTC) price has slipped below $10,000 in the early Asian trading hours to trade above last week’s resistance zone after reaching $10,200 over the weekend. Bitcoin price has dropped below the long-awaited $10,000 price tag after hitting $10, 200 yesterday. Checking the BTC derivative chart, the market opened with a huge gap as a result of the high trade volume over the weekend. Using technical analysis, whenever there is a market gap in the derivative market chart, it is bound to be...

Ripple price climbed higher nicely above the $0.2700 resistance area against the US dollar.The price tested the $0.2880 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.2755 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well supported for more gains above $0.2700 and $0.2680.Ripple price is showing a lot of positive signs above the $0.2700 area against the US Dollar. XRP price is likely...

Libra was first announced approximately eight months ago in June of 2019, and for the most part, the reception has been mixed.Why Is Libra Losing So Much Support?Many banks, regulators and members of the public have scoffed at the idea that Facebook – the parent company behind Libra – would seek to enter the financial fray. With so much scandal under its belt in the past two years alone, one wonders how such a venture could even exist, and that a company like Facebook would even dare to...

At press time, bitcoin (BTC) – the world’s number one cryptocurrency by market cap – is doing better than it’s done in months. Not since late October of last year has bitcoin seen numbers like this, and the currency is on the verge of hitting the $9,900 figure. This would put it just under $10,000 – not only a highly respectable number, but one that crypto traders haven’t seen in about six months and one that represents bitcoin’s present resistance level.Bitcoin Is Close, but Can It Truly Hit...

Bitcoin is a vulnerable asset. No matter how strong it seems to get, there is always some hacker out there looking to get their hands on BTC units they didn’t earn. Now, Kraken Security Labs – the cybersecurity firm of the San Francisco-based crypto exchange – has discovered a new way for cyberthieves to steal bitcoins, and it involves what has widely been considered one of the most secure wallets in the world.Kraken Claims Trezor Is DangerousThere is a serious problem that’s been found in...

Bitcoin price gains steam hitting $10,000 level, with the overall crypto market entering bullish price action.Many of the cryptocurrency critics are waiting for the market crash soon after the Bitcoin Halving in May 2020. Some of them waiting for the crash even before the Halving. However, Bitcoin‘s price keeps rising, crossing the 10K milestone with ease. While the Bitcoin Core repository on GitHub receives no major updates this Winter, this price action is a big success. All the...

The SEC commissioner Hester Pierce wants the blockchain space and the regulators to work on an eased juridical framework for ICOs in the next three years.During the recent industry conference in Chicago, the SEC Commissioner Hester Peirce proposed a new regulatory framework for ICO companies and unqualified investors.Current securities laws don’t allow numerous ICO startups and similar firms to collect money from U.S. citizens. According to the law, almost any cryptocurrency, coin or token is...