Tag Archives: News

MicroStrategy has done quite a lot with bitcoin this year. It’s earned a solid reputation from its customers as a result, and now, shares in the firm have almost doubled in the past few months.MicroStrategy Has Reached the TopMicroStrategy has been the subject of many a headline in the past several weeks given that it’s one of the first major institutional firms to come out and mention that it will be purchasing bitcoin. When the news finally emerged, it turned out that the company hadn’t...

Tron price started a strong decline after rallying towards the $0.0400 level against the US Dollar.TRX price is now trading below the $0.3500 level and the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $0.0300 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0300 and $0.0275.TRON price is trading in a positive zone above $0.0300 against the US Dollar, similar to bitcoin....

Bitcoin price traded to a new 2020 high at $19,919 before correcting lower against the US Dollar.The price is trading below $19,000, but it is still above the 55 SMA (H4) and the $18,000 support.There is a connecting bullish trend line forming with support near $18,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to find a strong buying interest near the $18,050 and $18,000 levels.Bitcoin price is currently correcting gains from well above $19,800...

One of Russia’s largest banks – known as Sberbank – says that it’s potentially looking to issue its own cryptocurrency sometime next year.Sberbank Is Joining the Crypto BandwagonThe coin – which would be known as Sbercoin – will be issued directly by the financial institution as part an experiment through its recent partnership with JPMorgan, which in the past, has also taken the liberty of issuing a cryptocurrency all its own known as JPM Coin. Many banks and financial enterprises throughout...

Tyler and Cameron Winklevoss – the founders of the Gemini Exchange in New York – recent mentioned in an interview that they’re extremely confident bitcoin will reach a price of roughly $500,000.Winklevoss Twins: Bitcoin Will Reach $500KWhile this isn’t likely to occur right away, they’re confident the spike will happen within the next ten years, so we can likely expect to see bitcoin reach this pinnacle before 2030. The world’s number one cryptocurrency by market cap is making headlines this...

Bitcoin has come extremely close to reaching its all-time high yet again. The currency is presently trading for well over $19,000 again, a price it first reached about a week ago today. At the time of writing, one unit of bitcoin is worth just under $19,400.Bitcoin Is Once Again Reaching for the StarsAs we all remember, bitcoin first jumped to the moon back in late December of 2017. The currency rose all the way to nearly $20,000 per unit, and many analysts believe that the same scenario is...

ADA price found support near $0.1250 and started a fresh increase against the US Dollar.The price is back above the $0.1580 resistance level and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1580 on the 4-hours chart (data feed via Kraken).The price is likely to rise sharply if it clears the $0.1780 and $0.1800 resistance levels.Cardano price is showing a lot of positive signs above $0.1600 against the US Dollar, similar to bitcoin....

Ethereum price found support near the $480 level and started a fresh increase against the US Dollar.ETH price is currently trading well above $585 and the 55 simple moving average (4-hours).There was a break above a key bearish trend with resistance near $558 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher above the $620 and $625 resistance levels.Ethereum price is gaining momentum above the $585 resistance against the US Dollar. ETH/USD is likely to...

Bitcoin – the world’s number one cryptocurrency by market cap – has shot past the $18,200 mark at the time of writing. Yesterday, the currency was trading for about $400 less, which in turn, was an $800 jump from its previous price of around $17,000. This was a $2,000 drop from its previous price of $19,000, the highest it had been all year.Bitcoin Continues to Recover From its Recent FallThis is just more proof that the fall was likely a major fluke of sorts. A jump to $19,000 is quite a...

Getting involved in bitcoin and cryptocurrency can be quite risky. Digital currencies are known for being extremely volatile and vulnerable to outside market influence, but according to Didi Taihuttu and his family, not getting involved in bitcoin would have been even risker.Didi Taihuttu Sees Bitcoin As More Than Just a CurrencyTaihuttu is a 39-year-old husband and father of three children. Presently, they all live in a 2,500 square foot that they’re selling – along with everything else they...