Tron price found support near $0.1200 and it is now correcting higher against the US Dollar. TRX price is now trading above the $0.1350 support and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1400 on the 4-hours chart (data feed via Bitfinex). The pair could extend its rally after there is a clear break above the $0.1500 barrier. TRON price is showing positive signs above $0.1350 against the US...
Read More »Bitcoin Price Analysis: BTC Eyes Fresh Rally To $60K
Bitcoin price started a fresh increase after testing the $54,000 support against the US Dollar. The price is now trading above $55,000, and it is testing the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $54,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a fresh rally if it clears the $57,500 resistance zone in the near term. Bitcoin price is attempting an upside break...
Read More »Elon Musk and His Likeness Were at the Center of Another Twitter BTC Scam
Just prior to his anticipated “SNL” appearance, it appears Elon Musk was once again the subject of a Twitter-based bitcoin scam that saw several of his social media followers getting BTC-related spam in their message feeds. It Looks Like an Elon Musk Twitter Account Was Compromised It seems like Elon Musk and his followers just cannot catch a break in this department. Musk is constantly the subject of several crypto based social media scams. For the most part, it looks...
Read More »Is Elon Musk a Dogecoin Whale? Some Think So…
Last February, Elon Musk – the South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla – announced that while he was a big fan of Dogecoin, there would be a serious problem with it should there only be a small concentration of wallets holding most of the available units. Now it looks like that worry is becoming a reality. Dogecoin Has Grown, and Some May Be Getting Greedy Dogecoin has shot up by more than 12,000 percent in the last year alone,...
Read More »Arnold Schwarzenegger Just Doesn’t Understand Crypto
Arnold Schwarzenegger – the star of films like “The Terminator” and “Predator” – has said he does not own any cryptocurrencies as he does not understand them. The actor and former California governor has spent a lot of time with Warren Buffett over the years, and this could potentially be why crypto is not on the Austrian’s roster of investment options. Schwarzenegger Doesn’t Invest in Digital Currency Schwarzenegger has made a name for himself over the past few decades...
Read More »Cardano (ADA) Price Analysis: Uptrend Intact Above $1.5
ADA price started a fresh rally above the $1.500 resistance zone against the US Dollar. The price is now trading well above $1.500 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.500 on the 4-hours chart (data feed via Bitfinex). The price could correct further lower, but the bulls are likely to remain active near $1.550 and $1.500. Cardano price is correcting gains from well above $1.800 against the US...
Read More »Ethereum Price Analysis: ETH Trims Gains From $4,220, But Dips Limited
Ethereum price started a fresh rally above the $4,000 resistance against the US Dollar. ETH price is currently trading well above $3,500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,800 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it is likely to find bids near the $3,800 and $3,600 levels. Ethereum price extended its rally above the $4,000 level against the US Dollar....
Read More »If You’re an Influencer Promoting Crypto, Make Sure You’ve Done Your Homework
If you are an influencer on the internet and social media, there is a good chance that a lot of people are listening to what you say and take heed of your words. Therefore, you should always be careful about the promises you make and things you promote. It now looks like crypto is becoming the object of many influencers’ attention, but they may not be doing enough research regarding which assets are solid and which are fly-by-night coins. If You’re an Influencer, Be...
Read More »Elon Musk Loves Crypto; He Also Loves Careful Investing
Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – is a big fan of bitcoin and many of its crypto cousins, but even he says there are limits to what people can and should be doing. Elon Musk: Make Sure You Invest with Caution Prior to gearing up for his performance on “SNL” as the guest host, he sat down with CNBC and gave his thoughts on some of the big things happening in the world of crypto right now. The man has made...
Read More »Andrew Bailey: Be Prepared to Lose All Your BTC
Andrew Bailey is the governor of the Bank of England, and apparently, he does not like bitcoin very much. Andrew Bailey: Not Bitcoin’s Biggest Fan In a recent interview, Bailey trashed bitcoin and its altcoin cousins, and said that investors should only take the risk of putting their money into digital assets granted they are willing and able to lose it all at a moment’s notice. Discussing cryptocurrencies, he stated: They have no intrinsic value. That does not mean to...
Read More »