Tag Archives: News

Tron price rallied towards the $0.0680 zone before correcting lower against the US Dollar. TRX price is now trading above the $0.0575 support and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $0.0580 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh rally if it clears the $0.0620 and $0.0630 resistance levels in the near term. TRON price is trading in a positive zone above $0.0550 against...

Bitcoin price started a fresh decline from well above $58,000 against the US Dollar. The price is now trading below the $55,000 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $56,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue lower below the $53,200 and $53,000 support levels in the near term. Bitcoin price is holding a major support above...

Fire Blocks – a crypto custodial service based in New York City – has garnered roughly $133 million in funding from the likes of both Silicon Valley Bank and BNY Mellon. Fire Blocks Gets $133 Million from BNY Mellon The funds came by way of a Series C venture capital funding round led by Coatue, Ribbit and Stripes. Overall, the company has gotten its fingers on approximately $179 million in new funds over the past several months. Firms to have previously invested in Fire...

Bitcoin, the world’s largest and most popular cryptocurrency by market cap, has once again surged into the high $50,000 range. At the time of writing, one unit of BTC is trading for well above $59,000, suggesting that another attempt at $60,000 could be just around the corner. Bitcoin Has Surged Back Into the High $50,000s The asset reached its all-time high of more than $61,000 just a few weeks into the month of March, though this newfound stamina ultimately didn’t last...

CEX.IO – a cryptocurrency exchange based in the United Kingdom – was recently voted the third safest and most secure crypto trading platform on the planet. CEX.IO Is a Leading Crypto Exchange in Terms of Safety The ranking comes by way of the Crypto Compare Exchange Benchmark. The enterprise monitored more than 160 separate crypto exchanges around the world to see which ones boasted the strongest security measures available today, and CEX.IO has made the top ten, thereby...

ADA price topped near the $1.450 level and started a fresh decline against the US Dollar. The price is now trading below the $1.200 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.070 on the 4-hours chart (data feed via Bitfinex). The price remains at a risk of more losses below the $1.070 and $1.050 support levels. Cardano price is showing bearish signs below $1.200 against the US Dollar, similar to...

Ethereum price failed to clear the $1,850 resistance and declined heavily against the US Dollar. ETH price is currently trading well below $1,800 and the 55 simple moving average (4-hours). There was a break below a rising channel with support near $1,788 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue lower towards the $1,600 and $1,500 support levels in the near term. Ethereum price is slowly moving lower from $1,800 against the US...

We keep seeing cases of institutions and largescale enterprises purchasing bitcoin and other forms of crypto to ensure their portfolios remain diverse and they can protect themselves against inflation as the U.S. dollar is subjected to weak economic conditions. After firms like MicroStrategy, Square and Tesla have all bought bitcoin, it looks like DMG Blockchain Solutions is the latest company to join the bitcoin-buying ranks. DMG Blockchain Solutions Will Mine and Buy...

Anthony Scaramucci – the founder of Sky Bridge Capital – believes that those who haven’t gotten their hands on bitcoin yet still have a good chance of making returns and profit on the world’s number one digital currency by market cap. He also believes that volatility will become less severe as time goes by and more people and businesses agree to adopt the currency. Anthony Scaramucci Says It’s Not Too Late When It Comes to Buying BTC In a recent interview, Scaramucci...

Hester Pierce – the commissioner at the Securities and Exchange Commission (SEC) – admits that perhaps the agency’s reluctance to approve a bitcoin or crypto-based exchange-traded fund (ETF) was a bit of a mistake now that Canada has come so far in this department. Pierce: A Bitcoin ETF Is Now Being Pushed More Than Ever Over the years, many companies – from Van Eck to Bitwise – have submitted applications to get bitcoin ETFs approved by the Securities and Exchange...