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Tag Archives: News

Tron (TRX) Price Analysis: Bulls Struggling To Defend Key Uptrend Support

Tron price started a downside correction from the $0.0190 zone against the US Dollar.TRX price declined below $0.0180 and it is currently trading near the $0.0172 support zone.There is a crucial contracting triangle forming with resistance near $0.0181 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong downward move if it breaks the $0.0172 and $0.0170 support levels.TRON price is trading near a major support zone against the US Dollar, similar to bitcoin. TRX price...

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Ethereum Price Analysis: ETH Approaching Next Significant Break

Ethereum price started a downside correction from the $249 swing high against the US Dollar.ETH price is currently consolidating above the $236 support and near the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $244 on the 4-hours chart (data feed from Coinbase).The pair could either climb again towards $250 or it might dive below the $236 support.Ethereum price is struggling to stay above the $236 support against the US Dollar. ETH/USD...

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Crypto App Bottlepay Set for Release Following Several Delays

A new cryptocurrency app known as Bottlepay will be introducing itself to the crypto-going public following months of delays.Bottlepay Is Now UnderwayBottlepay was originally set to be introduced in late 2019, though there were several problems with the product’s launch thanks to newfound regulations set forth by European lawmakers. The app had to redesign its cryptocurrency wallet to meet the standards set forth by AMLD5, which is the European Union’s anti-money laundering initiative. At the...

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Chainlink Is Exploding in Price as of Late

It looks like Chainlink (LINK) is today’s big gainer. Despite mediocre activity amongst some of the leading cryptocurrency assets – i.e. bitcoin, Ethereum, Ripple, etc. – the asset has shot up by more than 1,000 percent since May of last year.Chainlink Is on a Serious RollMany of the primary cryptocurrencies within the space have been hit hard by the coronavirus-induced global market crash, which ultimately caused assets like bitcoin to temporarily lose as much as 70 percent of their values...

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Crypto Fans in Japan Have Increased Their Stashes

People holding cryptocurrency in exchanges based in Japan apparently increased their holdings of bitcoin, Ethereum and Ripple over the past few months. BTC, ETH and XRP are the three largest cryptocurrencies in the industry by market cap.Japan Is Still a Major Crypto HubThe surge in holdings appears to stem from the spread of the coronavirus, which has led to the shuttering of the global economy and the ravaging of global financial tools. The virus first began to spread in late 2019, but by...

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Stellar Lumen (XLM) Price Signaling Fresh Rally Above $0.10

Stellar lumen price started a strong increase above the $0.0880 and $0.0950 resistance levels against the US Dollar.XLM price traded to a new monthly high at $0.1008 and it is currently consolidating gains.There is a major breakout pattern forming with resistance near $0.0950 on the 4-hours chart (data feed via Kraken).The pair could start a fresh rally if it breaks the $0.0950 and $0.1000 resistance levels.Stellar lumen price is trading in a nice uptrend against the US Dollar and bitcoin....

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Ripple Price Analysis: Uptrend Intact In XRP Above $0.19

Ripple price rallied above the $0.2000 resistance before correcting lower against the US dollar.The price is currently trading above the $0.1980 support and the 55 simple moving average (4-hours).There is a crucial breakout pattern forming with resistance near $0.2000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is showing signs of more gains above the $0.2000 and $0.2020 resistance levels.Ripple price is trading in a positive zone above $0.1980 and $0.1900...

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Whale Alert: Very Few Bitcoin Scammers Have Been Caught

According to a new report issued by Whale Alert, approximately $24 million in crypto funds have been stolen from people by bitcoin scammers during the first half of 2020 alone.Whale Alert: Scammers Have Made Off with a Lot of BTCBitcoin is a hardcore financial tool that can lead to a lot of positive change. For one thing, it can ensure that the entire financial market is decentralized, meaning it will take control out of traditional financial institutions and place it back in the hands of...

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Bitxoe Looks to Make BTC Transactions More Secure

A bitcoin-based blockchain company called Bitxoe is looking to establish a new product that will make BTC transactions much safer and more secure for users.Bitxoe Is Making BTC SaferOne of the biggest concerns surrounding the bitcoin market today is a lack of safety. Many exchanges and wallets have been attacked and robbed, with hackers making off with sometimes millions of dollars in crypto funds. In addition, many of these platforms often do not offer insurance, and as a result, the...

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Bitcoin Spikes Following News of Potential COVID Vaccine

Early yesterday, Pfizer announced that the early phases of its new coronavirus vaccine bore positive results. The stock market has since shot up following the news, while bitcoin has also recently jumped up to the $9,400 range from $9,200.Bitcoin Is Exploded Following Vaccine HopeThe coronavirus has been one of the biggest global pandemics in recent history, as many countries throughout the world – not just some contained to a certain area or continent – have been affected. Regions of Asia,...

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