Tag Archives: News

Ethereum price started a strong rally above the $250 pivot level against the US Dollar.ETH price surged above the $300 level and traded to a new multi-week high at $334.There is a major bullish trend line forming with support near $308 on the 4-hours chart (data feed from Coinbase).The pair remains in a strong uptrend and it is likely to resume its rise above $320.Ethereum price is trading nicely in an uptrend above $300 against the US Dollar. ETH/USD is likely to climb back above $320 and...

Bitcoin and cryptocurrency seem to have a knack for getting involved in criminal agendas, and the situation at hand doesn’t appear any different. It is being reported that the son of former Nissan Motor Company Chairman Carlos Ghosn wired several bitcoins to men who potentially helped his father escape justice while in Japan.Carlos Ghosn Has Potentially Escaped JusticeAs much as $500,000 in BTC payments were sent to one of two men in Massachusetts. Both are accused of assisting Carlos Ghosn...

One source is reporting that bitcoin – the world’s number one cryptocurrency – is “floundering,” and that other smaller altcoins – such as Ethereum, Stellar and Cardano – are all way up at the time of writing, with some of these currencies having doubled their prices in just the last few months alone.Ethereum and Cardano Are Two High-Ranking CoinsFirst off, it would be inaccurate to claim that bitcoin is “floundering.” BTC is presently trading for just under $10,000 again, and should it...

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has shot up to just under $9,900. About $100 more to go and bitcoin will have again struck the $10,000 mark this year.The Bitcoin Price is ExplodingIt’s hard to say whether the asset – should it hit the five-figure range – will remain above $10,000 for the rest of the year. To be perfectly fair, the jump to $10K has been relatively slow and steady this time around, and it’s taken much of last week to hit...

Stellar lumen price climbed above the $0.1000 resistance level against the US Dollar.XLM price struggled to extend gains above $0.1100 and started trading in a broad range.There is a key bullish trend line forming with support near $0.0970 on the 4-hours chart (data feed via Kraken).The pair could extend its decline towards the $0.0870 support if it settles below $0.0950.Stellar lumen price is struggling to follow bitcoin’s rally against the US Dollar. XLM price must settle above $0.1000 and...

Ripple price rallied recently after a successful close above $0.2000 against the US dollar.The price tested the $0.2250 resistance zone and recently corrected lower.There is a crucial bullish trend line forming with support near $0.2140 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to resume its upward move as long as it is above $0.2140 and $0.2120.Ripple price is trading in a nice uptrend above $0.2000 and $0.2120 against the US Dollar. XRP price...

Is it safe to say that Bakkt has been a total failure?Bakkt Really Hasn’t Amounted to MuchIt has been roughly one year since the institutional crypto trading platform came about, and one honestly wonders what it’s contributed to the space, especially when examining the latest trading figures the platform has been experiencing. For more than a month, bitcoin options have not been traded via the platform, and since June 15 of this year, the numbers for Bakkt have been stuck at a big fat zero.To...

The price of Ethereum has been surging over the past few days largely due to the recent price jumps experienced by bitcoin, the world’s leading cryptocurrency by market cap. However, the Ethereum jump can also potentially be traced to a recent announcement made by payment processing company Visa that it would put much of its focus towards stable currencies in the coming months.Visa Is Making Stable Coins MainstreamEthereum is the world’s second-largest cryptocurrency by market cap after...

Charles Edwards – the digital asset manager at Capriole – says the price of bitcoin could easily shoot up to $20,000 if U.S. banks put in at least one percent of their assets into crypto.Charles Edwards: Banks Can Make BTC Hit $20,000This may be asking much from banks, but one percent, for the most part, isn’t much, and it looks like interest in bitcoin has been increasing over the past several months between both retailers and institutional players alike, so perhaps the figure he’s...

It looks like payment companies such as Visa, Mastercard and PayPal are singing a different – and more positive – tune when it comes to cryptocurrencies.Companies Like Visa Are Having a Change of HeartIn the past, said companies and cryptocurrencies haven’t always gotten along. The reasons are wide and varied, with a big one being that many digital assets have not earned the trust that other payment platforms have received. For example, credits cards have arguably proven themselves over the...