Tag Archives: News

EOS price started a fresh increase from the $2.250 support area against the US Dollar.The price gained momentum above the $2.500 resistance and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.420 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct lower, but there are many supports near $2.600 and $2.500.EOS price is trading in a positive zone above $2.500 against the US Dollar, similar...

Litecoin price started a fresh increase from the $40.50 and $40.00 support levels against the US Dollar.LTC price is now trading nicely above the $44.00 level and the 55 simple moving average (4-hours).There was a break above a significant bearish trend line with resistance near $42.30 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is currently consolidating near the $45.50 resistance and it could continue to rise.Litecoin price is rising again and trading above...

Bitcoin is once again at the top of the financial ladder. New evidence suggests that the currency has surged by close to 30 percent since quarter one of 2020, and that it has also outperformed many leading assets such as gold, silver, and platinum.Bitcoin Is Still the Financial Leader of the YearWhile tools like gold are usually highly valued by investors everywhere, the asset has not experienced the same price swings as bitcoin over the early part of the year. In March, for example, the...

With less than four months to go before the U.S. presidential election, it looks like many are beginning to use the electoral platform to promote themselves… Either that or they see it as a big joke. Following rapper Kanye West’s Twitter announcement last week that he was entering the race for 2020, Brock Pierce – one of the leading figures in the crypto space – says he will join the presidential run for the White House as an independent candidate.Brock Pierce Is Eyeing the White HousePierce,...

It looks like bitcoin is finally starting to gain some of its previous momentum back.Bitcoin Is Again Reaching for the StarsOver the past few weeks, the world’s number one cryptocurrency by market cap had been struggling to move beyond the low $9,000 mark. The currency traded anywhere between $9,000 and $9,140, though after a surge during yesterday’s early morning hours, it looks like the currency is having no problem remaining in the high $9,200 window.According to some analysts, the...

ADA price is up over 20% and it broke the key $0.1000 resistance area against the US Dollar.The price traded close to the $0.1400 level and it is currently consolidating gains.There is a major bullish trend line forming with support near $0.1100 on the 4-hours chart (data feed via Kraken).The price could correct a few points, but dips remain well supported on the downside at $0.1200.Cardano price is gaining bullish momentum against the US Dollar and bitcoin. ADA price surged more than 20% and...

Bitcoin price is rising steadily above $9,200 and the 55 simple moving average (4-hours).It is currently facing a heavy resistance area near the $9,350 level.There was a break above a major bearish trend line with resistance near $9,090 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must settle above the $9,350 resistance level to start a sustained upward move.Bitcoin price is trading in a bullish zone above $9,150 against the US Dollar. BTC must gain bullish...

Another crypto scam is in the books. A 50-year-old cleaner in Canada named Jocelyn has been cheated out of her entire life savings after being convinced to send her crypto funds to fraudulent parties.How a Canadian Cleaner Fell Victim to a Crypto ScamJocelyn worked for Sean Moore, a semi-retired lobbyist who spoke on her behalf. Discussing the crypto scam, he stated:It’s a tragedy in this particular case, a scandal in the broader one.Jocelyn had roughly $10,000 in crypto assets that she had...

A new bug dubbed “Big Spender” has made its way into several popular bitcoin wallets.Big Spender Is Here to Take Your CryptoBig Spender is a double spend hack that gives users the idea that they have received money when in fact, they have not. Instead, the person who has ultimately overtaken the transaction and the wallets in question has intercepted the crypto transaction and stolen the money and replaced it. This ultimately prevents the receiver from accessing their wallet and utilizing...

The U.S. Senate Banking Committee is back to discussing bitcoin, stable coins, and a potential digital dollar.Is a Digital Dollar Heading Back to the Drawing Board?The idea of a digital dollar first made its way into Senators’ minds when the $2.2 trillion stimulus package was introduced in late March. Many regulators and lawmakers thought a digital dollar that could potentially be deposited straight into peoples’ bank accounts would be a better way of handling distributions over paper checks,...