Tag Archives: News

Bitcoin cash price started a fresh decline from $500 against the US Dollar. The price is now trading below the $450 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $450 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $450 for a fresh increase in the near term. Bitcoin cash price is showing bearish signs below $480 against the US Dollar, similar to bitcoin....

Canaan Inc – one of the largest bitcoin mining companies in the world – is now the subject of a class-action lawsuit brought forth by several investors through a Manhattan court. A federal judge has ruled that a Hong Kong couple should lead the securities-fraud suit against the firm even though the filing was delivered late. Canaan Is at the Center of a Heavy Suit The decision was made by U.S. District Judge John Cronan, who believes that Bill Lu and Liyang Huang are the...

Robert Kiyosaki – the author of “Rich Dad, Poor Dad” – believes that a huge market crash is coming, and that bitcoin – along with many other assets, such as gold and silver – will come to a screeching halt rather soon. Robert Kiyosaki – The Market Will Suffer Kiyosaki suggests that a huge economic downturn is on the horizon, and he’s looking to invest all he can when the supposed crash occurs. In a series of tweets, he commented: Crash and depression coming. Gold,...

The world’s third largest holder of bitcoin has just bought up a whole lot more. It appears the anonymous whale has purchased as much as $150 million in new BTC units. The news came from Bit Info Charts, a blockchain monitoring service, and suggests the whale bought into bitcoin’s recent dip. A Whale Has Purchased Quite a Bit of BTC At the time of writing, the world’s number one digital currency by market cap has lost quite a bit of momentum. The asset has fallen to...

Stellar lumen price started a fresh decline from the $0.3100 resistance against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.2720 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2850. Stellar lumen price is trading in a bearish zone below $0.3000 against the US Dollar,...

Ripple price started a fresh decline from the $0.95 resistance against the US dollar. The price is now trading below $0.90 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.8750 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is no recovery wave above $0.8880. Ripple price is showing bearish signs below $0.92 against the US Dollar, unlike...

2021 was certainly the year for cryptocurrency, especially when considering the statements and opinions of well-known social media forums like Reddit. The platform saw cryptocurrency as being the most popular theme amongst users this year, with a record-breaking 6.6 million mentions throughout. Reddit Brings Crypto to Mainstream Territory The term ultimately got more mentions than even “gaming” and “sports.” At the time of writing, Reddit enjoys approximately 430 million...

WhatsApp has launched a new cryptocurrency-based pilot that will allow a select number of people in America to send and receive crypto funds to each other. The program is being powered by Novi, the new Facebook (or Meta) cryptocurrency wallet that has gone through a thousand name changes and struggled to get off the ground since being announced in the summer of 2019. The Novi Wallet Is Finally Launching Itself Novi was officially launched as a pilot roughly six weeks...

It looks like cryptocurrency has entered a whole new arena and crossed deep into mainstream territory. According to some financial advisors, everyone should have crypto as part of their portfolios no matter their ages. Cryptocurrency Is Rising to the Top There was a time when financial advisors across America and abroad were telling their clients to avoid cryptocurrency at all costs. The idea was that these assets were dangerous not only because they were volatile and...

Billionaire investor and hedge fund manager Mike Novogratz feels that Ethereum, in many ways, is outperforming bitcoin. Mike Novogratz Thinks ETH Is Da Bomb While bitcoin is the world’s number one digital currency by market cap and is trading for more than $50,000 per unit, Ethereum is in a whole new category thanks to the technology it presents. Ethereum is the second largest crypto by market cap and is only trading for about $3,600 at press time. At first glance, it...