Bitcoin is continuing its bullish price run and is now trading above the $7,500 mark.Bitcoin Is Still on a RollThe currency has been gaining steam a little at a time – usually $100 here, followed by $100 there. Bitcoin initially ended last week at roughly $7,300 but has gained $200 from there.This goes back to the argument we reiterated in yesterday’s piece. The way for BTC to get ahead is through a slow and steady pattern; not all at once. The latter method was already utilized and witnessed...
Read More »John McAfee Walks Back on Previous BTC Prediction
John McAfee – the ever-controversial figure responsible for bringing one of the world’s leading antivirus platforms to fruition – has admitted that his whole push for bitcoin to reach $1 million was simply a tactic to move the cryptocurrency into mainstream territory, though he now thinks stronger and more efficient digital currencies will replace it.McAfee Says the Whole Thing Was an ActMcAfee has been saying for nearly three years that bitcoin was likely to reach the $1 million mark by the...
Read More »Bitcoin Rally Unclear while Faltering at $8000, Mining Hash Rate at All-Time High
BTC/USD is currently trading at $7,861 (+1.4% from the beginning of the day). The crypto is in motion as part of a vigorous bull trend in Asia amid growing volatility and a tested zone past the $8,000 price level.As Bitcoin halving approaches, several market analysts are trying to project how this will influence the price, while in some other forecasts, an analyst said that dominance in the Bitcoin market may not surpass 75%, and price recovery may be limited to $15,000.The Bitcoin sphere...
Read More »Tron (TRX) Price Analysis: Bulls Eyeing Crucial Upside Break
Tron price is rising and trading above the $0.0140 resistance level against the US Dollar.TRX price is currently trading near a key resistance area at $0.0148.There is an ascending channel in place with resistance support near $0.0141 on the 4-hours chart (data feed via Bitfinex).The bulls are likely eyeing a clear break above the $0.0148 and $0.0150 resistance levels.TRON price is showing a lot of positive signs against the US Dollar, similar to bitcoin. TRX price must climb above $0.0150 to...
Read More »Ethereum Price Analysis: ETH Gaining Traction, Dips Supported
Ethereum price is gaining bullish momentum above the $140 resistance against the US Dollar.ETH price is likely to continue higher towards the $150, $152 and $155 levels.There was a break above a key contracting triangle with resistance near $134 on the 4-hours chart (data feed from Coinbase).The price could correct lower, but dips remain well supported in the near term.Ethereum price is trading in a bullish zone against the US Dollar. ETH/USD is likely to accelerate further if it breaks the...
Read More »Stock Market Crashes in the U.S., Analysts Predict Dow Jones Crisis
Many market participants were talking about the grand crash possible in the Q1 2020. And now it looks like the disaster is slowly entering the room.The stock market is crashing on Monday, opening with a 136 points drop. Apple and Microsoft were saving the situation at the end of the year, but the overall picture now is not so good. The trading issues between the U.S. and China, as well as the recent actions of President Donald Trump against Iran, seem to add uncertainty to both local and...
Read More »Google Removes MetaMask Only to Reinstate It a Week Later
Google has taken a stance against an Ethereum application it thought was mining cryptocurrency.Google Moves Against Crypto – AgainThe application is known as Meta Mask, and Google has removed the wallet from its Play Store – only to quickly reinstitute it. Following a quick reexamination of the situation, Google has decided that the application was not extracting new coins like it thought and has made the application available for download once again.If this sounds familiar, it’s because...
Read More »Gold and Oil Jump amid Ongoing Geopolitical Tensions in Iran: Will Others Follow?
The geopolitical tensions are high as Iran said that it will no longer abide by uranium enrichment limits and Donald Trump has claimed to attack them like “they’ve never been before”.While this is happening, WTI oil prices increased by as much as 2% overnight (and it is quite impressive, right?) as Brent Crude topped $70 per barrel. Since September this is the first time that such a situation has happened. Also, it’s worth mentioning that gold managed to almost reach $1,600/ounce which is the...
Read More »CES 2020: Lora DiCarlo Sex Toys Show Amazing Sales despite Moral Objections
Lora Haddock was banned from the Consumer Electronics Show. This year, she returns with more toys while the morale fans keeping calm.Sex Toys Industry Significantly Evolved during 2019The company has introduced its products to women at the beginning of 2019. But the Consumer Technology Association has revoked the award from the tech startup called Lora DiCarlo. They thought that it is not an innovation in the pleasure industry, but just a new generation of vibrators.However, the sales stats...
Read More »Arcane Research: Bitcoin Trading Is Too Low
Bitcoin has had something of a shaky start in 2020, but the currency has managed to remain above the $7,000 line, which is always a good thing.Bitcoin Trading Volume Isn’t High EnoughAccording to one source, however, cryptocurrency enthusiasts and analysts are focusing too much on the movement of the price and not enough on the daily doings that occur behind closed doors. It points out that bitcoin volumes are as low as they were in April of last year, which could lead to an increase in...
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