EOS started a steady recovery wave above the $4.50 and $5.00 resistance levels against the US Dollar. The price is currently trading just above $6.00 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $6.30 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair must break $7.00 and $7.75 to start a strong increase in the near term. EOS price is showing a few positive signs above $6.00...
Read More »Litecoin (LTC) Price Analysis: Signs of a Fresh Increase above $200
Litecoin price is showing a few positive signs above the $150 level against the US Dollar. LTC price is now just above the $180 level and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $175 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to start a decent increase if there is a close above $195 and $200. Litecoin price is struggling to gain pace above $190 against the...
Read More »Katherine McNamara Is the Latest TV Star to Fall in Love with Crypto
Katherine McNamara has gone from being a television star to a cryptocurrency fan. Katherine McNamara Is Getting Into NFTs McNamara starred as the Black Canary superhero throughout the eight-year run of the CW Network’s popular television program “Arrow” and in many of the show’s spinoffs. At one point, the CW was looking to potentially film an all-female version of “Green Arrow” that would have starred McNamara, though it looks like this project will not be coming to...
Read More »Jeff Currie: BTC Is More Like Copper, Less Like Gold
Jeff Currie – the global head of commodities research at Goldman Sachs – believes that the idea of bitcoin serving as the digital form of gold is a little misguided. In fact, he claims bitcoin is more of an alternative to copper. Jeff Currie Thinks the Idea of BTC as Digital Gold Is a Little Off For many years, we have heard the argument that bitcoin is “digital gold.” That it is a hedge tool and a store of wealth like gold is and can potentially protect one’s wealth...
Read More »Changpeng Zhao Calls Out Elon Musk Over His Alleged Double Standard Regarding Electricity for Crypto Mining
Changpeng Zhao – the CEO of Binance, arguably the largest and most popular cryptocurrency exchange by daily trading volume – has called out Elon Musk over his alleged lack of willingness to accept bitcoin payments for Tesla-based goods and services. Elon Musk Has Attracted Some Backlash from Zhao It appears Zhao has issues with Musk’s recent words regarding the mining process behind bitcoin. While Tesla was initially set to accept bitcoin as a method of payment, Musk...
Read More »Tron (TRX) Price Analysis: Bulls Eyeing Fresh Run To $0.10
Tron price formed a base above the $0.0550 level and corrected higher against the US Dollar. TRX price is now trading nicely above $0.0700 and the 55 simple moving average (4-hours). There was a break above a crucial contracting triangle with resistance near $0.0740 on the 4-hours chart (data feed via Bitfinex). The pair is likely to start a steady increase towards the $0.0950 and $0.1000 levels in the near term. TRON price is showing positive signs above $0.0700 against...
Read More »Bitcoin Price Analysis: BTC Could Rally If It Breaks $39K
Bitcoin price started trading in a range above the $34,000 zone against the US Dollar. The price is now trading below the $37,000 zone and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $37,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a major increase if there is a clear break above $39,000 and $40,000. Bitcoin price is attempting an upside break above...
Read More »NFL Player Tom Brady: I Really Believe in Bitcoin
Bitcoin is continuing to suffer as of late. The world’s number one digital currency by market cap has fallen into the darkest realms of the financial space and has lost about $30,000 from its previous all-time high of roughly $64,000, which it achieved in mid-April. Nevertheless, there are many people that stand by the asset, including NFL player Tom Brady. Tom Brady Sure Likes His Crypto In a recent interview, the star quarterback – formerly of the New England Patriots...
Read More »Convenience Store Sheetz to Permit BTC Payments for Gas and Goods
A convenience store chain known as Sheetz says that it will be working with Flexa – a digital payment network – to permit bitcoin and cryptocurrency payments at all its locations in the United States. Sheetz Says “Yes” to Crypto Payments Sheetz is a chain that operates primarily on the east coast and in the Midwest. Presently, it boasts more than 620 stores in states such as Pennsylvania, North Carolina, Ohio, and West Virginia. The currencies that people will be able to...
Read More »Ripple CEO Garlinghouse Upset By Crypto Regulation in the U.S.
Brad Garlinghouse – the CEO of Ripple – is rather frustrated with how crypto regulation is dealt with in the United States, and he is upset by how unclear the rules tend to be. Ripple CEO Discusses Lack of Regulatory Clarity Ripple has been under fire for the past few months due to a lawsuit initiated by the Securities and Exchange Commission (SEC). The company garnered billions through a token sale of XRP – the official cryptocurrency of Ripple – that the SEC says was...
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