Tag Archives: News

Litecoin price failed to clear the $150 resistance zone and corrected lower against the US Dollar. LTC price is now trading above $140 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $138 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair might start a fresh increase as long as it is above the $135 support. Litecoin price is holding gains above $135 against the US Dollar, similar...

With bitcoin having lost so much of its value in recent weeks, institutions that bought into the asset earlier in the year have ultimately seen their investments begin to tank. Not long ago, we reported that Tesla saw approximately $1 billion in BTC disappear since it first plugged about $1.5 billion into the asset back in February. While other companies may not have lost as much, they are certainly keeping up the losing patterns, with Square having recently joined the...

Moses Awa is a business owner in Nigeria. As a textile importer, Awa said that his government banning access to foreign exchanges caused him to panic. He had worked very long and hard as an importer of Chinese shoes, but the government’s prevention of capital could have stopped his business in its tracks altogether. Nigeria Has Become a Major Bitcoin Haven He says: It was a serious crisis, and I had to act fast. To get things back up to speed, Awa turned to his brother,...

At 19 years of age, Nick Sears could be one of the youngest people in the world to be making a career out of bitcoin. Two years ago, Sears built a bitcoin mining farm in Washington, and has made this farm his business ever since. He is looking away from the traditional college route and considering a future in which he devotes himself entirely to the world’s number one digital currency by market cap. Nick Sears Says “Bye” to College, “Hello” to BTC Mining Right now,...

Tron price started a fresh increase above the $0.0600 resistance against the US Dollar. TRX price is now trading well above $0.0600 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.0640 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher as long as it is above the $0.0620 and $0.0600 support levels. TRON price is trading in a positive zone above $0.0600 against the US...

Bitcoin price failed to extend gains above $42,650 against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $40,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to bounce back as long as it is above the $37,000 support zone. Bitcoin price is slowly moving lower below $40,000 against the US Dollar. BTC could start...

Bitcoin has been suffering heavily as of late. Yes, the currency has managed to touch $40,000 once or twice during the past week, but the asset is still considerably lower than where it was in April of this year – a time that saw the world’s number one digital currency hit a new high of roughly $64,000 per unit. Despite the gloom and doom surrounding BTC, MicroStrategy and its CEO Michael Saylor have no interest in turning their backs on the asset and have announced more...

Miami mayor Francis Suarez has long been a bitcoin and cryptocurrency fan. He has proposed paying city workers in the world’s largest digital currency by market cap, and he has also tried to entice China’s exiting bitcoin miners to come to his region to start businesses and take advantage of the area’s many tax benefits. Miami Is Heading Deeper Into Crypto Territory However, now he’s taking his affection for digital currency to the next level. In a recent press release,...

Brian Brooks is currently the CEO of Binance.US, but prior to that, he served in government and in the standard financial space. Brian Brooks Has Carved Out a Serious Crypto Career Before his position with the exchange, Brooks was the acting comptroller of the Currency at the U.S. Office of the Comptroller of the Currency (OCC). He has also worked with Coinbase. In a recent interview, Brooks discussed what it was that drew him to the crypto market. He says: For me,...

ADA price is struggling to clear the $1.40 resistance against the US Dollar. The price is now testing the $1.30 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.30 on the 4-hours chart (data feed via Bitfinex). The price could extend its decline, but the bulls might protect the $1.20 and $1.15 support levels. Cardano price is facing an uphill task near $1.40 against the US Dollar, similar to bitcoin. ADA...