Tag Archives: News

EOS extended its decline and traded below the $3.50 support zone against the US Dollar. The price is now trading below the $3.75 support and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $3.40 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $3.55 and $3.75 resistance levels in the near term. EOS price is showing positive signs above...

Litecoin price extended its decline below the $110 support zone against the US Dollar. LTC price is now trading below $120 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $114 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase above the $118 and $120 resistance levels in the near term. Litecoin price is attempting a recovery above $110 against the...

Bitcoin has endured a rather dramatic fall over the past few months, but for many analysts, the world’s number one digital currency by market cap is not entirely down for the count yet. Bitcoin May Be Getting Ready to Make Its Triumphant Return Bitcoin hit a new all-time high of roughly $64,000 per unit by mid-April of 2021. The currency seemed unstoppable until suddenly, it began experiencing a rough period of heavy drops that about two months later, brought its value...

David Tice – a Wall Street investor – is warning others that it is very “dangerous” to be investing in bitcoin and cryptocurrencies right now. David Tice on BTC: Avoid It Right Now 2021 has virtually become the new 2018. The world’s number one digital currency – bitcoin – has fallen by more than 50 percent over the past few months. Attaining a new all-time high in mid-April of this year of around $64,000 per unit, the currency has seemingly fallen to just over $30,000 at...

China has pretty much gotten rid of all bitcoin miners. It has steamrolled through all the operations stationed within its borders and the industry is virtually dead in the nation. China and Its Negative Attitude Towards Crypto At first glance, it seems like bitcoin would have steadied by now, though it appears the currency is sliding even further. The asset is trading for about $30,000 even – less than half of what it was in April. Yet, despite how much bitcoin is...

Tron price started a fresh decline from well above $0.0600 against the US Dollar. TRX price is now trading well below $0.0550 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0530 on the 4-hours chart (data feed via Bitfinex). The pair could correct higher, but the bears are likely to remain active near $0.0530 and $0.0550. TRON price is slowly moving lower below $0.0500 against the US Dollar, similar to...

Bitcoin price started a fresh decline after it failed to surpass $32,000 against the US Dollar. The price is now trading well below the $32,000 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $30,900 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair might correct higher, but it is likely to face sellers near the $30,900 zone in the near term. Bitcoin price is slowly gaining bearish...

PayPal – arguably the largest digital payment platform in the world – has some good news for crypto holders. The company announced that it was upping its weekly crypto spending limit to approximately $100,000. The firm has stated that it is also doing away with its annual $50,000 limit. PayPal Customers Can Now Buy Six-Figures Worth of Crypto Prior to this move, PayPal customers could only purchase as much as $20,000 in crypto every seven days. Now, it looks like that...

Some analysts think that the price volatility that has been plaguing bitcoin over the past few months is about to get a whole lot crazier. The Bitcoin Volatility Is About to Get Bigger In mid-April of this year, bitcoin – the world’s number one digital currency by market cap – hit a new all-time high of approximately $64,000 per unit. Everyone thought that the currency was untouchable and that things were likely to keep heading north. Unfortunately, this has not been the...

Not too long ago, Jackson Palmer – the co-creator of the popular meme currency Dogecoin – issued a series of attacks on the cryptocurrency space, calling it inherently “right wing” and an arena that has allowed a bunch of people to build their wealth through “tax avoidance, diminished regulatory oversight and artificially enforced scarcity.” It looks like Brian Armstrong – the CEO of Coinbase, one of the largest crypto exchanges in the world – is not taking these words...