Tag Archives: News

Bitcoin price is slowly rising and it is trading above the $34,000 and $35,000 resistance levels against the US Dollar.The price is now just above the $36,000 level and well above the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $37,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to surge above $37,000 as long as there is no break below the $34,650 support.Bitcoin price is showing a few bullish...

Coinbase – one of the largest cryptocurrency exchanges in the United States – can’t seem to handle it whenever there’s a major crypto rally. The exchange always seems to undergo technical problems and sometimes even experiences temporary shutdowns. As traders witnessed late last week, the recent bitcoin surge was no exception.Coinbase Loses Power… AgainCoinbase put out a message early Friday morning announcing that the company was experiencing technical problems that forced executives to...

The lawsuit between Ripple and the Securities and Exchange Commission (SEC) just keeps heating up. Ripple has now put in a request with the agency to view documents determining its decisions to allow both bitcoin and Ethereum to be exempt from securities statuses through what’s known as a “Freedom of Information” request.Ripple: What Makes Us So Unique, Huh?Here’s a little background on the situation. Ripple is being charged by the SEC for hosting an improper token sale back in 2013....

It doesn’t matter how big bitcoin gets or how well it does. For many industry experts, bitcoin is nothing but a farce, and Gabriel Makhlouf – a governing council member of the European Central Bank – is one of the asset’s many doubters.Gabriel Makhlouf: BTC Holders Should Be Ready to Lose EverythingBitcoin has rallied over the past few days. The world’s number one digital currency by market cap has shot up from around $32,000 to well over $34,000 at the time of writing and has added almost...

ADA price formed a strong support above the $0.3000 and $0.3100 levels against the US Dollar.The price broke the $0.3900 resistance and settled above the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $0.3600 on the 4-hours chart (data feed via Kraken).The price is likely to continue high above $0.4200 as long as it is above the $0.3880 support.Cardano price is holding gains above $0.3800 against the US Dollar, while bitcoin is...

Ethereum price is struggling to clear the $1,440 and $1,450 resistance levels against the US Dollar.ETH price is currently showing positive signs above $1,300 and the 55 simple moving average (4-hours).There is a major ascending triangle pattern forming with resistance near $1,440 on the 4-hours chart (data feed from Coinbase).The pair could eye a fresh rally above the $1,440 and $1,450 resistance levels.Ethereum price is trading in a bullish zone above $1,300 against the US Dollar. ETH/USD...

Trading apps like Robinhood have stepped in to stop their customers from trading stocks like GameStop, which have surged in recent days. As a result, bitcoin and cryptocurrency are starting to look a lot more promising, which is potentially why the world’s number one digital asset by market cap has surged by more than $2,000 at the time of writing.GameStop Barricades Help BTC Spike AgainBitcoin was initially trading for under $32,000, though in the last day or so, the currency has surged...

Oh, Elon Musk… There are times when analysts and traders alike probably think to themselves, “What would bitcoin and cryptocurrency do without you?”Elon Musk Helps Bitcoin Return to Its RootsIn the last few days, the South African entrepreneur and CEO of both Tesla and SpaceX has likely been the cause of bitcoin’s sudden rise beyond the $34,000 market price at the time of writing. Musk saw to it that his Twitter account bio was changed to “#bitcoin.” From there, he put out the following...

At the time of writing, the price of bitcoin has shot back up somewhat to over $34,000. This isn’t as strong or as high as it was during the early portions of the month, but it’s refreshing to see that the world’s number one digital currency by market cap is potentially back on track and returning to form.Bitcoin Has Been Getting Newfound AttentionWhile it’s too early to tell if bitcoin can return to its recent all-time high of more than $40,000, many affluent investors have had no choice but...

Stellar lumen price is facing a few important hurdles near $0.3400 and $0.3500 against the US Dollar.XLM price is holding gains above the $0.3000 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.3460 on the 4-hours chart (data feed via Kraken).The pair could start a strong upward move if there is a clear break above the $0.3400 and $0.3500 resistance levels.Stellar lumen price is showing positive signs above $0.30000...