Tag Archives: News

After all the worry and concern that has been meandering throughout the space, bitcoin has again crossed the $12,000 threshold for the second time in just weeks.It’s $12K All Over Again for BitcoinThe last time bitcoin hit this figure was in the middle of August. Sadly, the price switch didn’t last. It rose all the way to $12,400, but bitcoin was not able to keep up the momentum and fell back into the low $11,000 range a few days later. It’s relatively impossible to assume what will happen...

Tron price started a strong rise above the $0.0300 resistance zone against the US Dollar.TRX price traded as high as $0.0373 and it is currently consolidating gains.There is a major bullish trend line forming with support near $0.0315 on the 4-hours chart (data feed via Bitfinex).The pair could correct a few points, but dips are likely to remain bid near $0.0340 or $0.0315.TRON price is trading in a strong uptrend well above $0.0340 against the US Dollar, while bitcoin is struggling near...

Bitcoin price is trading nicely above the $11,600 and $11,800 support levels.The price traded as high as $12,086 and it is now well above the 55 SMA (H4).There is a major bullish trend line forming with support near $11,820 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above $12,000 as long as the $11,600 support is intact.Bitcoin price is currently trading in a bullish zone above $11,600 against the US Dollar. BTC could accelerate...

Huobi Futures – a crypto derivatives market of Huobi Group – is unveiling new bitcoin options trading, which will go live today on September 1.Huobi Opens BTC Options Trading for BusinessHuobi has been on a roll in 2020 during a time when most companies are likely suffering and taking on debt thanks to the growing coronavirus pandemic. Earlier this year, the company released a program known as Huobi Futures’ Perpetual Swaps as a means of giving traders a larger chance to hedge their wealth...

No doubt about it… The DeFi (decentralized finance) space is growing like there’s no tomorrow. One of the biggest coins within the arena to be expanding lately is known as yearn finance (YFI). Thus far, the coin is up more than 3,500 percent since last month.YFI Has Surged in Recent WeeksWhile everyone wants to make such a big deal out of bitcoin this year – the currency is presently up more than 40 percent since the beginning of 2020 – this is nothing compared with YFI, which has also put...

Framework Labs, which is associated with the investment firm Framework Ventures, has recently socked away roughly $8 million thanks a new seed funding round led by some of the biggest names in the industry. Among the companies to take part in the funding round are Station 13.Framework Labs Is Taking DeFi to a New LevelAs a branch of Framework Ventures, Framework Labs is operated by Michael Anderson and Vance Spencer. The company is seeking to increase investors’ knowledge of the DeFi...

ADA price formed a decent support base above $0.1000 and currently rising against the US Dollar.The price is currently trading above the $0.1180 resistance and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.1140 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher above $0.1280 and $0.1350 in the near term.Cardano price is slowly moving higher towards $0.1300 against the US Dollar, similar to...

Ethereum price is rising and it is trading well above the $430 level against the US Dollar.ETH price is likely to accelerate higher above the $448 and $450 levels.There was a break above a major bearish trend line with resistance near $394 on the 4-hours chart (data feed from Coinbase).The pair is currently trading with a positive angle above $440 and the 55 simple moving average (4-hours).Ethereum price is gaining bullish momentum above $440 against the US Dollar. It seems like ETH/USD is...

Barry Silbert – crypto entrepreneur and the leader of the Digital Currency Group (DCG) – has announced that he is looking to remove some of the heavy bitcoin business that’s been going on in China and move it back to the United States. How will he do this? Through a company he’s created called Foundry, via which he will invest roughly $100 million into mining operations situated throughout North America.Barry Silbert: Now Is the Time for the U.S. to ShineThe fact that China has become so...

Grayscale is taking the trading world by storm. It is currently responsible for more than $5 billion in digital assets, which is about 40 percent higher than the figure it oversaw in early summer at the conclusion of its second quarter.Grayscale Premiums for Two New Trusts Are HugeRecently, the company released two new crypto trusts, one for Litecoin and the other devoted to bitcoin cash. While this would be fantastic news in most circles, there are some analysts that question how the trusts...