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Tag Archives: News

Wise Bitcoin Is a New Kind of Digital Exchange

The cryptocurrency space continues to grow like there’s no tomorrow. As a result, we’re witnessing an influx of traders jumping in without thought or reason to their actions, and many companies – including Wise Bitcoin – are seeking to ensure these individuals have the knowledge and education they need to make smart investing decisions and carve out strong financial paths for themselves.Wise Bitcoin Is Seeking to Ensure Traders Have the Tools They NeedWise Bitcoin is a new cryptocurrency...

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$6,000 Dip for Bitcoin; The Selloff Has Likely Begun

As of late, bitcoin isn’t doing so hot. The world’s number one cryptocurrency by market cap had recently hit a new all-time high exceeding $40,000 per unit, but now, the currency has fallen by roughly $6,000 and is trading at about $34,000.Bitcoin Is Being Sold OffWhat could possibly be behind such a recent downgrade of what has been a largely powerful asset these past several months? Many analysts agree that this is the result of a recent sell-off, and that many bitcoin holders are trading...

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Sophia Bera: Complete These Tasks Before Getting Involved in BTC

Bitcoin continues to surge like there’s no tomorrow, and as a result, many people are getting involved in the space without too much thought. However, according to certified financial planner Sophia Bera, there are several things one needs to do before they even consider getting involved in bitcoin and in the cryptocurrency space.Sophia Bera: There Are Tasks to Complete Before Getting Involved in BTCAccording to Bera, many of her clients have been asking her several bitcoin-related questions...

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Bitcoin Cash Analysis: Strong Support Forming Near $400

Bitcoin cash price declined heavily below $500 and $450 against the US Dollar.The price is holding the key $400 support, but it is well below the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $490 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to recover sharply as long as it is above the $400 and $385 support levels.Bitcoin cash price is down over 20% from well above $500 against the US Dollar,...

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There Is Still Way Too Much FOMO in the Bitcoin Space

As of late, the bitcoin space is getting bigger than ever. While the currency’s price has sunk down a little bit from $40,000 to about $34,000 at the time of writing, the fact is that many people have now been bitten by the “bitcoin bug,” and they’re looking to take advantage of the currency’s many benefits and characteristics.FOMO Is Hurting the Bitcoin SpaceHowever, are they getting involved for the right reasons? Recently, one source put out a story regarding why so many newbies are...

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Analysts: Defi Is the Element Behind the Massive Growth of Ethereum

Recently, Live Bitcoin News put out a story talking about how strong Ethereum has been over the past few weeks. While BTC has largely been hogging the spotlight and traders and crypto fans everywhere have been talking about how strong it’s been, Ethereum – in many ways – has outdone the jumps and price swings of bitcoin, gaining roughly 300 percent in value in just the last few months alone.Ethereum Has Surged Like There’s No TomorrowNow, the currency is trading at its highest point in...

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Deutsche Bank: Tesla, Bitcoin Are Becoming “Bubbles”

Bitcoin and tech stocks like Tesla have had an extremely strong year in 2020, but according to a recent survey released by Deutsche Bank, both investing products are looking more like bubbles.Deutsche Bank Isn’t Crazy About Where BTC and Tesla Are HeadedBitcoin rose more than 300 percent since the beginning of last year, while Tesla surged even further and gained about 700 percent. Deutsche Bank and the respondents taking part in the survey – roughly 89 percent of them – believe that these...

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EOS Price Analysis: Bulls Likely Eyeing Fresh Rally Above $3

EOS remained in a range below the $2.950 and $3.000 resistance levels against the US Dollar.The price is currently trading near the $2.720 support and the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $2.700 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 $2.950 and $3.000 resistance levels.EOS price is trading in a key range below the $3.000 resistance against the US...

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Litecoin (LTC) Price Analysis: Holding Uptrend Support at $140

Litecoin price struggled to clear the $165 resistance and corrected lower against the US Dollar.LTC price is trading close to the $140 support zone and the 55 simple moving average (4-hours).There is a major rising channel forming with support near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a fresh increase towards $165 or decline heavily below $140 in the near term.Litecoin price is struggling to gain bullish momentum above $150...

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The End of January Will See Many Bitcoin Options Close Out

The end of January is likely to be a crazy time for bitcoin and its many fans. The asset will see approximately $3.7 billion worth of options expire on January 29, and many analysts are wondering what this will potentially do for the asset’s volatility. Will the currency spike like we’ve never seen, or will the price falter in some way?What Will Happen to Bitcoin When So Many Options Expire?As it stands, the many open contracts options available in the bitcoin space add up to just over $9...

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