Tag Archives: News

Asset manager BlackRock says it has made more than $350,000 in bitcoin futures over the past three months. The company has been dabbling in such futures since January and has garnered a pretty profit in return. BlackRock Is Beginning to Make Money On BTC Futures As it stands, two funds associated with BlackRock have permission to invest in crypto futures according to documentation brought forth by the Securities and Exchange Commission (SEC). At the time of writing,...

Billionaire investor and former hedge fund manager Mike Novogratz says he’s truly shocked by how far bitcoin has come in the past few years and how strong adoption is. Mike Novogratz: BTC Adoption Has Come Quite Far We all likely remember a time when bitcoin did not have the respect it does today. Many companies and individuals alike turned their backs on it, claiming that it was a scam or a fraudulent currency. They said that it was a Ponzi scheme that was likely to...

Shares in software firm MicroStrategy went up a few days ago after analysts suggested an $850 per share price in the coming future. MicroStrategy Owes Its Success to Bitcoin The figure has a lot to do with the idea that MicroStrategy is quite bullish on bitcoin, and that the firm is doing all it can to purchase the world’s number one digital currency by market cap. MicroStrategy initially bought its first round of BTC in August, when the currency was trading for around...

ADA price failed to settle above $1.280 and corrected lower below $1.220 against the US Dollar. The price is now above the $1.160 support and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.220 on the 4-hours chart (data feed via Bitfinex). The price is likely to start a fresh rally once there is a clear break above the $1.220 resistance. Cardano price is trading above a major support at $1.160 against the US...

Ethereum price started a fresh increase above the $1,850 resistance against the US Dollar. ETH price is currently trading well above $2,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,080 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but the bulls are likely to aim more gains above $2,150 and $2,200. Ethereum price is now showing a lot of positive signs above $2,000...

According to a new report, mining for gold is a lot less expensive than mining for bitcoin. Mining for Gold Is More Economical Over the past several months, as bitcoin has exploded in price (it’s currently trading for well over $58,000 per unit), several environmentalists and crypto bashers have taken to arguing that the mining process behind cryptocurrency and bitcoin is dangerous for the planet. They’re convinced that the ongoing extraction of new coins is going to...

It’s always interesting to see celebs that are turned on by the thoughts of crypto, and today, La La Anthony – a musician and live music host – is promoting bitcoin, claiming that it’s one of the top assets of the future. La La Anthony Loves BTC At first, Anthony admits that she was skeptical of the digital currency, as she had heard from several individuals and sources that it was a terrible fraud and a scam. She comments: When I first heard about bitcoin, I didn’t...

Elon Musk – the South African entrepreneur behind majorly successful companies like electric car firm Tesla and SpaceX – is back in the news promoting his favorite cryptocurrency Dogecoin. While the man has consistently made a name for himself in the world of bitcoin and went as far as to purchase $1.5 billion worth of the world’s number one digital asset by market cap in recent months, Musk is again reverting his attention back to the joke cryptocurrency with a cute...

Stellar lumen price is trading nicely above the $0.4000 pivot level against the US Dollar. XLM price is now trading well above $0.4200 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.4400 on the 4-hours chart (data feed via Kraken). The pair is likely to continue higher if there is a clear break above the $0.4700 and $0.4800 resistance levels. Stellar lumen price is showing positive signs above $0.4200...

Ripple price started a strong increase above the $0.5000 and $0.5500 resistance levels against the US dollar. The price is now well above $0.5500 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.6000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to surge further above the $0.7000 and $0.7010 resistance levels. Ripple price is trading in a positive zone above the $0.6000...