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Tag Archives: News

Stellar Lumen (XLM) Price Could Correct To $0.40, Upsides Capped

Stellar lumen price failed to settle above $0.5500 and corrected lower against the US Dollar.XLM price is now trading well below $0.5200 and the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $0.5000 on the 4-hours chart (data feed via Kraken).The pair could continue to move down towards the $0.4400 and $0.4200 support levels.Stellar lumen price is correcting gains below $0.5000 against the US Dollar, while bitcoin remains strong. XLM...

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Ripple Price Analysis: Risk of More Losses Towards $0.46

Ripple price failed to extend gains above the $0.5800 resistance level against the US dollar.The price is now trading well below the $0.5500 zone and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.5550 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue lower towards the main $0.4650 support zone in the near term.Ripple price is struggling to settle above $0.5200 against the US Dollar. XRP...

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Ethereum Reaches New Price Peak, Leading to Further Interest from Nvidia

Bitcoin may be hogging all the spotlight as of late, but we cannot discount some of the smaller competing altcoins that also call the crypto space home. One of those altcoins is Ethereum, the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the time of writing, Ethereum has hit a new all-time high of more than $1,900 per unit, and the asset appears to be on a serious roll.Ethereum Has Surged Like No Other CoinBitcoin doing well is typically good news...

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Bill Gates Doesn’t Seem to Think Much of BTC in a New Interview

Bitcoin is doing extremely well as of late, but that’s not changing the minds of certain financial firms and individuals. Among today’s bitcoin doubters is Bill Gates, the software mogul known for creating Microsoft programs.Bill Gates Thinks the World Doesn’t Need BTCIn a recent tweet, Gates puts on an attitude of indifference towards bitcoin, the world’s number one cryptocurrency by market cap. The message reads:I don’t own bitcoin. I’m not short bitcoin, so I’ve taken a neutral view. I do...

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JPMorgan Still Has Attitude of Gloom and Doom Towards BTC

Bitcoin has been doing extremely well as of late, but that’s not stopping financial giants from viewing it in a bad light. One of those doubters is JPMorgan, who recently claimed in a new report that bitcoin was never going to hit $40,000 again. The world’s number one digital currency by market cap ultimately proved the company wrong and is trading for more than $52,000 per unit at the time of writing.JPMorgan Thinks Things Will Go Wrong with BTCNow, JPMorgan has issued a statement claiming...

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Survey Suggests Bitcoin Is Not Attractive to Nearly 85% of Financial Heads

Bitcoin is doing extremely well as of late. It has recently crossed the $51,000 line, and it appears to be staying there. Several institutions and major tech industry players have been investing in the asset and seem to be viewing it through a rather positive lens, but this isn’t changing the minds of most financial executives when it comes to BTC and crypto.Bitcoin Is Doing Well, but It’s Not Loved By EveryoneIn a recent survey, only 16 percent of the world’s primary financial heads say they...

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Bitcoin Moves Past $50,000 Again, Only This Time, It’s Staying There

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has surged to a new all-time high, having broken $50,000 and now trading for just over $51,000. To be fair, the asset has done this once or twice in the past, but it was always followed by a quick drop to the high $48,000 range, suggesting that bitcoin either didn’t have the momentum we all thought it did yet, or the change happened way too fast.Bitcoin Has Shot Up AgainBitcoin has shown in previous...

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YouTuber Jake Paul Is in Talks to Establish His Own Virtual Currency

Cryptocurrency has been all the rage as of late. Many celebrities – from rapper Jay-Z to Twitter head Jack Dorsey – have been consistently jumping onboard, and it looks like Jake Paul – a renowned star of the video and content sharing website YouTube – has been in talks to develop his own cryptocurrency with fellow YouTuber Ben Phillips.Jake Paul Is Clearly a Crypto FanIn a recent interview, Paul commented that no plans have been fully established yet. He also says that this would not be some...

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Bitcoin Spikes to $50,000 Per Coin, but the Momentum Fails to Last

For the first time in history, bitcoin – the world’s number one digital currency by market cap – has surged beyond the $50,000 mark. At press time, the currency has fallen a bit and is now trading in the high $48,000 range, though early this morning, the asset did strike a chord that everyone has been actively anticipating for some time.Bitcoin Has Reached a New MilestoneThe globe’s primary cryptocurrency has been surging since last October. Following an incredibly bearish September, the...

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Adam Malolsepszy Finally Enters the BTC Foray After Years of Financial Experience

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has slunk back a bit from its recent $50,000 excursion. That’s right… The world’s primary digital asset hit the $50K mark early this morning, though at press time, it has seemingly fallen back to a little over $48,000. However, Adam Malolsepszy – a 26-year-old who used to work in the finance industry – is finally embracing the asset for what it is and choosing to get involved.Adam Malolsepszy Steps...

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