Tag Archives: News

Bitcoin cash price started a fresh increase above the $450 resistance against the US Dollar.The price climbed above the $485 resistance and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $520 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either rally further above $520 or it might dip sharply below the $485 support.Bitcoin cash price is showing positive signs above $485 against the US Dollar, similar...

It has become rather clear in recent years that crypto crime will not be tolerated. Rossen Iossifov – the Bulgarian owner of the now defunct RG Coins – is learning this lesson the hard way.Iossifov Sentenced to Ten YearsIossifov has been sentenced to ten years behind bars for running a cryptocurrency exchange that was allegedly used to launder tens of millions of dollars in ill-gotten funds. The exchange was reportedly utilized to host fake auctions, convincing people to invest and then...

ECB President Christine Lagarde has expressed her thoughts on BTC in a recent interview, claiming the asset needs to be regulated on a “global level.”Christine Lagarde: Bitcoin Must Be Globally RegulatedIn her opinion, bitcoin has given people open doorways to numerous financial crimes such as money laundering. Thus, without global regulation in play, these doors can never be closed. She mentioned that bitcoin is not a currency. Instead, it is a rather “highly speculative asset which has...

Bitcoin has shot back above the $35,000 mark at the time of writing. This is about $2,000 higher than where it stood yesterday. The currency is once again bringing itself up the financial ladder, and it looks like the asset is beginning to earn all kinds of celebrity endorsements from the likes of singer Lindsay Lohan and others.Lindsay Lohan Is Pushing BitcoinBitcoin has always a big celebrity attractor. Many figures who can be classified as rich and famous have turned their sights to...

EOS started a strong decline from the $3.950 level and declined below $3.00 against the US Dollar.The price is currently trading below the $2.800 resistance and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $2.800 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.800 and $2.980 resistance levels.EOS price is forming a decent support at $2.400 against the US...

Litecoin price started a fresh increase after testing the $110 zone against the US Dollar.LTC price is back above $140, but it is still below the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $150 resistance zone in the near term.Litecoin price is showing positive signs above $140 and $142 against the US...

Over the past several months, the Federal Reserve has been purchasing many leading assets as a means of keeping the U.S. economy somewhat stable during the coronavirus pandemic. This overspending and overprinting of traditional fiat money to ensure people have stimulus measures during the pandemic has caused many traders – both standard and institutional – to pile their money into commodities like bitcoin, which is no longer a speculative asset in many people’s minds.If the Federal Reserve...

One of the big problems with cryptocurrency is that it requires long and extensive passwords to remain secure. Owners of digital currency have often come across this issue. They forget their passwords and cannot access their funds, and as a result, these funds get locked up or lost forever. For Stefan Thomas, the problem is even bigger considering it’s keeping him from gaining access to well over $200 million in bitcoin at press time.Losing Passwords Usually Leads to Lost BTCBorn in Germany...

Over the past several months, institutional investors have held a grand stake in the world of bitcoin. Companies like MicroStrategy, MassMutual and Stone Ridge have all invested hundreds of millions of dollars into bitcoin, and as a result, the currency has ultimately risen beyond the $33,000 mark at the time of writing.Institutional Investors Are Still a Small Portion of the Trading PopulationNo doubt that institutions have been playing a huge role in the legitimization of the crypto space....

Tron price failed to clear the $0.0360 resistance and declined below $0.0320 against the US Dollar.TRX price is now trading well below $0.0310 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.0280 on the 4-hours chart (data feed via Bitfinex).The pair could start a major decline if it fails to stay above the $0.0280 and $0.0270 support levels.TRON price is showing bearish signs below $0.0310 and $0.0320 against the US Dollar, similar to...