Tag Archives: News

Bitcoin price gained pace and it cleared the $48,000 resistance against the US Dollar. The price is now trading above $47,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $49,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must stay above the $47,300 support level to continue higher in the near term. Bitcoin price is losing pace above $48,000 against the US Dollar. BTC is...

A new cryptocurrency company has stepped into the limelight. Known as Block Ape Scissors, the firm seeks to ensure that all crypto investors garner value for their assets, even when they seem less legit than so many others. Block Ape Scissors Tries to Give NFTs More Exposure and Use The company’s founder Matthew Hutchins has stated in an interview that he hopes Block Ape Scissors can become a truly unique cryptocurrency ecosystem that will allow people to have some fun...

India has never had an easy time when it comes to crypto, but that hasn’t stopped it from secretly opening its arms to the growing financial space. India Has Moved Far When It Comes to Crypto According to a recent study conducted by blockchain analysis company Chainalysis, India currently ranks second in the 2021 Global Crypto Adoption Index, meaning there is presently only one other country that has done better when it comes to pushing and accepting digital currency...

A crypto trader named Fawaz Ahmed is pursuing legal action against cryptocurrency exchange Binance, claiming that it cost him millions of dollars in lost Ethereum. Binance Could Find Itself in Court When Ahmed saw the price of Ethereum slipping, he felt it was time to sell his coins and exit the trading space for a while. Unfortunately, this was not something he was able to do given that the exchange was experiencing a major outage on the day he sought to trade. This was...

ADA price started a fresh increase above the $2.20 resistance against the US Dollar. The price is now well above the $2.50 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.80 on the 4-hours chart (data feed via Bitfinex). The price could start another strong increase if it clears the $3.00 resistance zone in the near term. Cardano price is showing positive signs above $2.50 against the US Dollar, similar...

Ethereum price extended its increase above the $3,300 resistance against the US Dollar. ETH price is now trading above $3,200 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,260 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise as long as it is above $3,260 and $3,200. Ethereum price is showing positive signs above $3,200 against the US Dollar. ETH/USD must stay above the $3,200...

It’s been a rather big year for crypto thus far, but what will the future bring? Many analysts are weighing in where bitcoin and its altcoin cousins will be standing in the next five to ten years. Where Will Crypto Be in the Next Few Years? Dave Abner – head of global development at Gemini – said in a statement: There’s tremendous focus and attention being paid to [the crypto industry]. One of the big focuses we have been seeing over the past few months is on regulation....

Bitcoin is and always has been the world’s number one digital currency by market cap, but according to Nigel Green of the deVere Group, Ethereum will soon rise to the top of the crypto ladder. Nigel Green: We Will Soon See ETH at the Top In a recent interview, Green mentioned: Ethereum will continue to outperform bitcoin in 2021 and will, ultimately, exceed its rival’s value. Ethereum is the number two largest cryptocurrency in the world, second only to BTC. This makes...

David Marcus – the head of Facebook’s blockchain department – says that the social media company’s new cryptocurrency wallet Novi is ready to go. David Marcus Is Ready to Unleash Novi Novi has been a long time in the making. The wallet is designed to accompany the firm’s new Diem cryptocurrency, which many fans and anticipators still refer to as “Libra.” That was the name the currency originally traveled under when initially announced in the summer of 2019. As a former...

Stellar lumen price started a decent increase above the $0.3500 resistance against the US Dollar. XLM price is now trading above $0.3700 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $0.3880 on the 4-hours chart (data feed via Kraken). The pair is likely to continue higher above the $0.3900 and $0.4000 resistance levels. Stellar lumen price is showing positive signs above $0.3700 against the US Dollar,...