Bitcoin cash price started a fresh increase above the $650 resistance against the US Dollar. The price is now trading above the $650 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $660 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $680 and $690 resistance levels. Bitcoin cash price is moving higher above $650 against the US Dollar, similar...
Read More »El Salvador Residents Protest “Forced” BTC Usage
Not too long ago, Live Bitcoin News put out an article discussing the worried attitude in El Salvador regarding the new law that would allow bitcoin to become legal tender starting next week. It appears the situation has escalated quickly, as people have gone from being concerned about volatility and business measures to straight up being anti-crypto. There are several protests going on in the Central American country, and many people are not too happy about the...
Read More »Coinbase Suffers Notification Hiccup, Sends Rewards to Affected Customers
It appears Coinbase – one of the most popular crypto exchanges in the western hemisphere – has had a little security hiccup it needs to make up for. The trading platform accidentally sent out emails or text messages to a multitude of customers claiming that their two-factor authentications were compromised or changed in some way. This was not true, and now the company is looking to reward these customers with approximately $100 in bitcoin as a way of saying, “Our bad!”...
Read More »John Paulson Is Not a Bitcoin Fan
John Paulson – an investor with billions of dollars to his name – is no fan of bitcoin and has apparently joined the “Warren Buffett” club of billion-dollar bitcoin haters. John Paulson Thinks Crypto Is “Worthless” In a recent interview, Paulson – the co-founder of the Carlyle Group – described bitcoin as a “limited supply of nothing.” He further stated that the entire crypto industry was a huge “bubble” that would eventually prove itself to be “worthless.” The Carlyle...
Read More »EOS Price Analysis: Signs of Upside Continuation To $6
EOS price started a fresh increase above the $5.00 resistance zone against the US Dollar. The price is now trading above $5.00 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $5.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it settles above the $5.40 pivot level. EOS price is gaining pace above $5.00 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim Test of $200
Litecoin price started a fresh increase above the $175 resistance zone against the US Dollar. LTC price is now trading above $180 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $174 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must stay above the $175 support to continue higher in the near term. Litecoin price is gaining pace above $180 against the US Dollar, similar to...
Read More »The Dallas Mavericks Have a Special Promo Going for Crypto Fans
The Dallas Mavericks have a special promotion set to last through the end of September. Right now, if you purchase at least $150 worth of merchandise with bitcoin or cryptocurrency, you can earn a $25 gift card. The move is just the latest brought forth by Mark Cuban as a means of pushing crypto forward. The Dallas Mavericks are So Crypto Savvy The Dallas Mavericks were one of the first teams to permit bitcoin payments for tickets and merchandise. Interestingly, the team...
Read More »Andrew Schober Is One of Many Victims of Crypto Theft, but He’s Taking Action
A man named Andrew Schober is accusing two young men in Britain of stealing his cryptocurrency fortune and refusing to give it back. Andrew Schober Is Working to Get What’s His The situation is unique in the sense that the two culprits in question were initially still minors when they committed the theft. Named Benedict Thompson and Oliver Read, both are alleged to have stolen the money three years ago in 2018 from Schober, who allegedly owned a crypto wallet known as...
Read More »Not Every Resident of El Salvador Is Crazy for BTC
El Salvador is all set to make bitcoin legal tender by next week, and yet already the country is experiencing a lot of resistance and fear from its own people. El Salvador Is Pushing Bitcoin, But Not Everyone’s Happy In many ways, bitcoin is still a new – and struggling – technology. The world’s number one digital currency by market cap, like many of the globe’s cryptocurrencies, was initially designed to serve as a payment tool; something that would ultimately push...
Read More »Tron (TRX) Price Analysis: Bulls Eye Upside Break above $0.09
Tron price is still struggling to clear the $0.0900 resistance zone against the US Dollar. TRX price is now trading above $0.0850 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.0900 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher if it clears the $0.0900 and $0.0920 resistance levels. TRON price is slowly moving higher above $0.0850 against the US Dollar, similar to...
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