Tag Archives: News

Ethereum—the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin—has struck gold over the weekend and has seemingly hit a new all-time high exceeding $3,000 per unit. Ethereum is Trading for More Than $3K Ethereum is arguably one of the biggest and most popular coins around. While it may not have the market value of bitcoin or the size and scope of its predecessor, it is still a very important coin for many reasons, the biggest...

We keep seeing examples of big companies getting involved in cryptocurrency. Figures like Michael Saylor of MicroStrategy and Elon Musk of Tesla are packing all their money into the crypto space and getting all that they can out of the world’s number one digital currency, but according to Jerry Klein, the managing director of Treasury Partners, not all the planet’s big companies and financial figures are going nuts for BTC. Jerry Klein: Bitcoin Is Still Too Risky The...

Tron price struggled to clear the $0.1365 resistance and corrected lower against the US Dollar. TRX price is now trading below the $0.1260 support and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.1250 on the 4-hours chart (data feed via Bitfinex). The pair could extend its decline if it fails to recover above $0.1265 and $0.1300. TRON price is showing a few bearish signs below $0.1300 against the US Dollar,...

Bitcoin price started a fresh increase after testing the $47,500 support against the US Dollar. The price is now trading above $52,000, but it is struggling near the 55 simple moving average (4-hours). There was a break below a major rising channel with support near $55,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a fresh decline if it fails to clear the $56,000 resistance zone in the near term. Bitcoin price is...

Fred Wilson is the co-founder of Union Square Ventures. As a successful investor, he has put his money into many leading companies such as Tumblr, Etsy, Twitter and Zynga, and he was one of the first people to see the platforms as things other investors should take seriously. Fred Wilson Knows What He’s Doing This attitude has made him quite wealthy over the years. It is also an attitude that caused him to invest in Coinbase long before it was the high-ranking company it...

MicroStrategy – the software firm that ultimately became one of the first (if not the first) institution to publicly support and purchase bitcoin – is taking its love for BTC to even greater heights. In its recent earnings report, the company has stated that it is looking to purchase even more bitcoin in the coming months, and that bitcoin buys will potentially become the norm. MicroStrategy Still Loves Its BTC The report reads: We continue to be pleased with our bitcoin...

Kevin O’Leary – aka Mr. Wonderful from the popular television program “Shark Tank” – has a lot of respect for both bitcoin and Ethereum. He thinks they are both remarkable developments in the world of finance. It is just that he respects bitcoin a little more. Kevin O’Leary: Bitcoin Will Always Be King In a recent interview, O’Leary commented that Ethereum – no matter how popular it is or how big and strong it becomes – will always be “number two” following bitcoin....

ADA price started a fresh increase above the $1.250 resistance zone against the US Dollar. The price is now trading close the $1.280 support and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support at $1.350 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but the bulls are likely to remain active near $1.170 and $1.150. Cardano price is showing signs of a downside correction from $1.420...

Ethereum price started a fresh rally above the $3,000 resistance against the US Dollar. ETH price is currently trading well above $3,000 and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $3,140 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it is likely to find bids near the $3,150 and $3,000 levels. Ethereum price is gaining pace above the $3,000 level against the US Dollar....

Did Facebook buy bitcoin? There is a rumor moving about online that the world’s biggest social media platform may have added the biggest digital currency by market cap to its balance sheet. There Is Talk That Facebook Bought BTC While at the time of writing these ideas are unproven, Facebook adding bitcoin to its playbook would be both surprising and unsurprising at the same time. For one thing, many largest institutions have been purchasing the digital currency in...