Bitcoin has been doing rather well as of late, but what about some of the world’s smaller coins? Assets like Ripple (XRP)?Ripple Is Doing Rather Well as of LateIt’s clear that bitcoin has been hogging up all the attention lately. The currency’s run all the way past the $19,000 mark is making a huge impact on traders and industry experts alike, but it the midst of all the hype and hoopla surrounding bitcoin and larger digital assets, it appears we’ve forgotten about some of the smaller...
Read More »Catherine Coley: Bitcoin Is Jumping Thanks to All the New Buyers
As of late, bitcoin appears to be traveling on a rocket ship to the moon. The currency recently struck the $19,000 price for the first time in roughly three years, and many analysts think that the asset is likely to continue its bull run into 2021.Bitcoin Is Spiking Because People Are Buying ItSeveral industry experts are pondering what could potentially make bitcoin travel so high in such a short period. Is it the fact that fiat currencies such as USD are suffering from economic inflation?...
Read More »Bitcoin Strikes $19K for First Time Since 2017
The price of bitcoin has shot up to the $19,000 range for the first time since the end of 2017. The currency is well underway to hit its all-time high again within the next few days or weeks.Bitcoin Continues to Prove ItselfBitcoin has a had a rough and tumble year in a lot of ways, but for most traders, the currency has proven itself to be a strong, resilient and worthy asset. Portfolios everywhere bearing crypto and bitcoin are likely seeing sharp rises as the currency is now trading for...
Read More »EOS Price Analysis: Corrects Lower, Key Support Nearby Near $3
EOS rallied towards the $3.900 level before correcting lower against the US Dollar.The price is currently trading below the $3.300 support and testing the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $3.120 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could retest the $3.000 support zone before a fresh increase in the near term.EOS price started a sharp decline after it failed to test $4.000 against the US...
Read More »Litecoin (LTC) Price Analysis: Tops Near $95, But Dips Still Supported
Litecoin price surged above $85.00 and traded as high as $94.09 against the US Dollar.LTC price started a sharp downside correction below $80.00 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $71.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported as long as there is no close below the $70.00 support zone.Litecoin price is currently correcting gains from $94.00 against the US Dollar,...
Read More »GoDaddy Is Latest Victim of a Crypto-Based Cyberattack
A cryptocurrency-based cyberattack has made its way into the offices of GoDaddy, an web domain provider. The big clincher is that the company’s employees were utilized to do the job.GoDaddy Compromised; Crypto Site Traffic Misdirected2020 has been the year of many things when it comes to crypto. It’s been the year of a mega bull run in the middle of a widespread pandemic. It’s been the year for institutions getting involved in bitcoin, but it’s also been the year of cyberattacks in many ways....
Read More »Analysts Agree: A New All-Time High for Bitcoin Will Soon Arrive
Analysts and industry experts have been jumping back and forth about where they think the future of bitcoin lies. The currency has been booming like it never has before, jumping beyond the $18,500 line and surging to its highest position since late 2017. Some are convinced that the bull run is going to continue well into 2021, and that the asset is likely to hit a new all-time high.Bitcoin Has MaturedMore than anything, the question that’s likely on every analyst’s mind is whether things are...
Read More »Smaller Assets Like Ethereum Are Booming As of Late
It looks like everyone has been so obsessed with bitcoin as of late that people have forgotten about some of the smaller coins that the asset is known to compete with. Currencies such as Ethereum, Litecoin, Ripple’s XRP and Chainlink.Ethereum and Smaller Assets Are Also BoomingTo an extent, we can’t blame individuals for looking away considering how well bitcoin has been doing. The currency has reached its highest point in three years and is presently trading for well over $18,500. At the...
Read More »Tron (TRX) Price Analysis: $0.038 Presents A Crucial Challenge
Tron price surged and cleared the $0.0300 and $0.0320 resistance levels against the US Dollar.TRX price tested the $0.0380 barrier and settled above the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $0.0335 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0330 and $0.0300.TRON price is trading in a positive zone above $0.0320 against the US Dollar, similar to bitcoin. TRX...
Read More »Bitcoin Price Analysis: BTC Just Shy of a New All-Time High
Bitcoin price started a strong increase above the $18,000 and $18,500 resistance levels against the US Dollar.The price traded as high as $19,454 and it settled nicely above the 55 SMA (H4).There is a major bullish trend line forming with support near $18,400 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is currently correcting gains, but dips are likely to be limited below $18,400.Bitcoin price is trading in a nice uptrend above $18,500 against the US Dollar....
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