Tag Archives: News

Bitcoin has fired beyond the $27,000 mark, meaning the world’s number one cryptocurrency is now bigger than it has ever been.Bitcoin Is Moving Faster, NowThe currency has largely been trading for around $23,000 through most of the holiday season, and now, post-Christmas, the asset is on a tear through the financial arena and has added another $4,000 to its constantly growing price. The currency appears to be on a serious roll to the point that we all must wonder what made us make such a big...

Tron price started a fresh decline from well above $0.0300 against the US Dollar.TRX price is now trading below the $0.0280 support and the 55 simple moving average (4-hours).There was a break below a major contracting triangle with support near $0.0280 on the 4-hours chart (data feed via Bitfinex).The pair could continue to move down if it fails to stay above the key $0.0265 support zone.TRON price started a fresh decline after it failed to stay above $0.0312 against the US Dollar, while...

Bitcoin price started a fresh upward move from the $26,000 support zone against the US Dollar.The price is now trading well above $27,000 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $27,150 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 $28,350 and $28,500 resistance levels.Bitcoin price is currently gaining momentum above $27,500 against the US Dollar. BTC...

Just yesterday, Live Bitcoin News reported that the Securities and Exchange Commission (SEC) was looking into the possibility of suing Ripple, one of the top five cryptocurrency ventures in the world. Now, it looks like “looking into” has become “taking legal action,” as the governing financial agency has filed charges against the firm for allegedly ignoring securities advice and selling unregistered tokens.Ripple and the SEC Will Go Head to Head in CourtThere has been a lasting argument...

According to analysts at JPMorgan Chase & Co., institutions must invest in bitcoin if it’s going to remain at the top of the financial ladder.JPMorgan: There Is No Bitcoin Without InstitutionsThe monetary giant recently published a new report suggesting that money flowing into items such as the Grayscale Bitcoin Trust are necessary if bitcoin is going to continue to thrive. Should this investing stop or slow suddenly, the currency – which recently reached an all-time high beyond $24,000 –...

2020 has been the year of institutions, and Sky Bridge Capital – a hedge fund driven by Anthony Scaramucci – has decided to join the ranks. The company recently invested more than $25 million into the world’s largest and most popular digital currency by market cap after filing the appropriate paperwork with the Securities and Exchange Commission (SEC) early last week to form what’s now known as the Sky Bridge Bitcoin Fund L.P.Scaramucci Sees Bitcoin as Completely NecessaryThe company has...

ADA price started a fresh increase above the key $0.1550 resistance against the US Dollar.The price is now trading well above $0.1700 and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $0.1650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards $0.1950 and $0.2000 in the coming sessions.Cardano price is showing positive signs above $0.1700 against the US Dollar, similar to bitcoin. ADA...

Ethereum price gained pace above $700 and traded to a new 2020 high at $748 against the US Dollar.ETH price is currently correcting lower below the $720 support, but it is above the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $680 on the 4-hours chart (data feed from Coinbase).The pair is likely to find a strong buying interest near the $680 and $670 support levels.Ethereum price is slowly losing bullish momentum below $720 against the US...

Cryptocurrency exchange Coin DCX has managed to put away roughly $20 million since the start of the pandemic. The company recently completed a Series B funding round in which it garnered as much as $13.9 million, though this was the third funding round it engaged in during 2020. Companies such as Block.one, Coinbase, DG and Jump Capital were all happy to take part.Coin DCX Is Growing Like MadInitially, the company sought to raise roughly $3 million back in March when the coronavirus pandemic...

The fight between Ripple and the Securities and Exchange Commission (SEC) just got a lot dirtier. The government agency plans to sue the cryptocurrency company for selling unregistered securities.Ripple and the SEC Will Duke It OutRipple has been at the center of classification arguments since its inception. Is its issued cryptocurrency – known as XRP – a valid form of money? Or is it a security that must be regulated in a specific way? The debate goes back and forth. Either way, things are...