Tag Archives: News

Jack Dorsey, the CEO of both Square and Twitter, isn’t a fan of any incoming cryptocurrency regulations.Jack Dorsey Isn’t in Favor of New Crypto RulesThis makes sense considering Square, one of his firms, recently purchased roughly $50 million in bitcoin a few months ago to become one of the first institutional enterprises to openly support bitcoin and hold such a large stake in it. It’s likely that Dorsey doesn’t want to take a hit for this purchase.However, in an open-word letter to the...

Bitcoin is back where it was. In other words, it’s close to again reaching the all-time high it attained earlier in the year. After yesterday’s drop to about $31,000, the world’s number one digital currency by market cap has suddenly added another $2,000 to its price and is now trading for around $33,000 again.Bitcoin Just Keeps Growing…But here’s even bigger news. The currency’s market cap has now surpassed $600 billion. Following a ten percent gain in the past couple of days, the asset is...

Tron price spiked above $0.3100, but it failed to accelerate higher against the US Dollar.TRX price is now trading above the $0.0280 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.0310 on the 4-hours chart (data feed via Bitfinex).The pair could either start a fresh increase towards $0.3100 or it might decline to $0.0250.TRON price is showing positive signs above $0.0280 and $0.0265 against the US Dollar, while bitcoin is...

Bitcoin price remained in a strong uptrend above $28,000 and $30,000 against the US Dollar.The price is now trading well above $34,000 and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $31,300 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $35,500 and $38,800 resistance levels.Bitcoin price is currently gaining momentum above $34,000 against the US Dollar. BTC...

The price of bitcoin has been shooting up over these past few months. At press time, the currency is trading for well over $30,000, though it has fallen about $2,000 from its recent all-time high of about $33,000, and for analysts of JPMorgan, this is probably good news.JPMorgan: A Six-Figure Price for Bitcoin Would Be Hard to HandleThe financial company has recently produced a report suggesting that if bitcoin were to strike six-figure territory, this wouldn’t be a good thing. Doesn’t that...

Bitcoin has been jumping like mad as of late. Despite a recent dip, the currency reached a new all-time high during the beginning of the week that saw the asset trading for well over $33,000. In addition, blockchain is reaching record levels when it comes to industry adoption, and according to Vitalik Buterin – the legendary co-founder of Ethereum, the second-largest cryptocurrency in the world and the primary competitor to BTC – the case for blockchain is “underrated,” and likely to go even...

Bitcoin has taken a huge step back. While it was able to surpass the $33,000 mark yesterday and attain a new all-time high, it appears that the currency is now undergoing a bit of a correction. Either that or its recent spike was too much at once. In any case, the currency is now trading for just over $31,000, meaning it has lost about $2,000 in just under two days.The Bitcoin Price Has Fallen a BitThis is a major dip considering how strong bitcoin has been over the past few months, though to...

ADA price rallied above the $0.2000 and $0.2200 resistance levels against the US Dollar.The price is now correcting lower below $0.2100, but it is above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1900 on the 4-hours chart (data feed via Kraken).The price is likely to remain well supported on the downside near the $0.1900 zone.Cardano price is slowly moving lower from well above $0.2200 against the US Dollar, similar to bitcoin. ADA...

Ethereum price started a strong surge above $850 and $1,000 against the US Dollar.ETH price is currently trading well above $1,000 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $800 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards $1,150 and $1,200 in the coming sessions.Ethereum price is up over 30% in a few days and it broke the $1,000 level against the US Dollar. ETH/USD is consolidating...

Pull out the cake, put on those party hats and blow out the candles! Bitcoin is celebrating a birthday. It was exactly 12 years ago on January 3, 2009 that the very first unit of the world’s largest and most powerful cryptocurrency by market cap was extracted from the blockchain.Bitcoin’s Birthday Is HereAnd what a great way to celebrate this newfound horizon. The asset recently spiked beyond the $33,000 mark, reaching a new all-time high and starting 2021 off on solid ground. Gaurav Dahake –...