Tag Archives: News

Litecoin price started a fresh increase above $125 against the US Dollar.LTC price traded towards the $140 resistance and settled well above the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $130.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $130 resistance zone in the near term.Litecoin price remained in a positive zone above $120 against the US Dollar,...

Sweden and Norway have taken the top spots for bitcoin and cryptocurrency mining. Both countries have endured long and wet weather – some of the wettest of the past 20 years. This has given both regions the rainwater they needed to ensure they possess strong, hydroelectric power, which remains some of the cheapest in the world. As a result, many crypto miners are looking at these regions as the top places to set up operations.Sweden and Norway Are the Top Mining NationsAs it stands, much of...

Bitcoin is surging like it never has before. During the Christmas holiday, the world’s number one cryptocurrency by market cap jumped to $27,000 per unit, and it’s still hovering at this number now. The asset is doing better than ever, and yet for Nigel Green, the time to sell may have arrived.Nigel Green Is Selling His StashAs the chief executive of financial group deVere, Green admits in a recent interview that he has sold half of all his bitcoins. He states:I have sold half my bitcoin...

Bitcoin has fired beyond the $27,000 mark, meaning the world’s number one cryptocurrency is now bigger than it has ever been.Bitcoin Is Moving Faster, NowThe currency has largely been trading for around $23,000 through most of the holiday season, and now, post-Christmas, the asset is on a tear through the financial arena and has added another $4,000 to its constantly growing price. The currency appears to be on a serious roll to the point that we all must wonder what made us make such a big...

Tron price started a fresh decline from well above $0.0300 against the US Dollar.TRX price is now trading below the $0.0280 support and the 55 simple moving average (4-hours).There was a break below a major contracting triangle with support near $0.0280 on the 4-hours chart (data feed via Bitfinex).The pair could continue to move down if it fails to stay above the key $0.0265 support zone.TRON price started a fresh decline after it failed to stay above $0.0312 against the US Dollar, while...

Bitcoin price started a fresh upward move from the $26,000 support zone against the US Dollar.The price is now trading well above $27,000 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $27,150 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $28,350 and $28,500 resistance levels.Bitcoin price is currently gaining momentum above $27,500 against the US Dollar. BTC...

Just yesterday, Live Bitcoin News reported that the Securities and Exchange Commission (SEC) was looking into the possibility of suing Ripple, one of the top five cryptocurrency ventures in the world. Now, it looks like “looking into” has become “taking legal action,” as the governing financial agency has filed charges against the firm for allegedly ignoring securities advice and selling unregistered tokens.Ripple and the SEC Will Go Head to Head in CourtThere has been a lasting argument...

According to analysts at JPMorgan Chase & Co., institutions must invest in bitcoin if it’s going to remain at the top of the financial ladder.JPMorgan: There Is No Bitcoin Without InstitutionsThe monetary giant recently published a new report suggesting that money flowing into items such as the Grayscale Bitcoin Trust are necessary if bitcoin is going to continue to thrive. Should this investing stop or slow suddenly, the currency – which recently reached an all-time high beyond $24,000 –...

2020 has been the year of institutions, and Sky Bridge Capital – a hedge fund driven by Anthony Scaramucci – has decided to join the ranks. The company recently invested more than $25 million into the world’s largest and most popular digital currency by market cap after filing the appropriate paperwork with the Securities and Exchange Commission (SEC) early last week to form what’s now known as the Sky Bridge Bitcoin Fund L.P.Scaramucci Sees Bitcoin as Completely NecessaryThe company has...

ADA price started a fresh increase above the key $0.1550 resistance against the US Dollar.The price is now trading well above $0.1700 and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $0.1650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards $0.1950 and $0.2000 in the coming sessions.Cardano price is showing positive signs above $0.1700 against the US Dollar, similar to bitcoin. ADA...